The Fraunhofer ITWM offers its employees helpful support in reconciling family and career with a day-care center directly at the institute, a parent-child office for care shortages and flexible working hours models. In addition to scientific excellence and personal development opportunities, these conditions for an individual work-life balance play a role in the steadily increasing proportion of women at the institute. The Financial Mathematics Department stands out with a 50 percent share of women employees.
The Financial Mathematics staff develop and implement mathematical and statistical models in the areas of auditing, pension schemes and life insurance, as well as for flexible loads on the energy market. The methodological guidelines lie in data science and financial mathematics. In addition to the classical statistical and financial mathematical methods, machine learning methods are often used. These are the basis for many applications in the field of artificial intelligence (AI). These topics also inspire women mathematicians: 11 of the 22 employees of the department are women (as of April 2020).