There is a considerable upsurge of interest and a growing requirement for risk and optimisation modelling in many industry sectors and in particular in the finance industry.
Under the strategic research initiative of Brunel University, Professor Gautam Mitra of the Department of Mathematical Sciences, supported by the Department of Economics and Finance, set up CARISMA as an interdisciplinary research centre. The centre's research direction is to follow new and rapid developments in the field of risk analysis and optimisation modelling
The centre's aim is to create a vibrant academic environment of research and learning and establish a programme of:
- Research Council funded research,
- Industry sponsored research,
- Collaboration with leading international researchers and institutions,
- PhD research,
- Professional training.