About Our Department

The Department of Statistics and Applied Probability was created in 1989, and has developed a broad range of interests. Courses are offered leading to Bachelor, Master and PhD degrees. A Bachelor of Science Degree in Financial Mathematics and Statistics was introduced in Fall 2003. This is a joint major between the Departments of Statistics and Applied Probability and Mathematics with the cooperation of the Department of Economics. A Bachelor of Science Degree in Actuarial Science was introduced in Fall 2010. Our PhD degree offers an emphasis in Statistics, Financial Mathematics and an interdisciplinary emphasis in Quantitative Methods in the Social Sciences. At present there are about fifty undergraduate statistics majors (many emphasising actuarial science), sixty financial mathematics and statistics majors and premajors, and about eighty graduate students.

Faculty interests currently include Bayesian computation, bootstrap methods, comparison of experiments, directional data analysis, functional data analysis, Bayesian networks, massive data sets and retrieval algorithms, multi-dimensional scaling, nonparametric modelling, smoothing spline methods, heavy-tailed stochastic models, stochastic calculus, nonlinear stochastic partial differential equations, superprocesses, large deviations, applications in biology, stochastic models in finance, and time series.

There are active interactions with many departments, both personal and through the Statistical Consulting Laboratory. The Department's computing facilities are excellent both for faculty and graduate students.

The Center for Financial Mathematics and Actuarial Research (CFMAR) was established in Spring 2006 to provide national and international leadership in quantitative finance from different perspectives. The Center brings together faculty, students, and visitors affiliated with the departments of Statistics and Applied Probability, Economics (Econometrics and Finance), Mathematics (Applied Mathematics), Computer Science and others on the UCSB campus. It facilitates interdepartmental cooperation in mathematical modeling, statistical data analysis and efficient computational methods specific to financial data.

UC Santa Barbara is located on the shores of the Pacific, neighboring the beautiful city of Santa Barbara. The area has a population of less than 200,000, yet has excellent amenities. The climate is ideal.

About the University of California, Santa Barbara (UCSB)

A campus of the University of California, the country’s premier public university, UC Santa Barbara is internationally recognized for its teaching and research excellence, and distinguished for its interdisciplinary programs and commitment to innovation.

UCSB is one of only 61 institutions elected to membership in the prestigious Association of American Universities. In addition to five winners of Nobel Prizes, UCSB’s faculty includes many elected members or fellows of the American Academy of Arts and Sciences (25), the National Academy of Sciences (32), the National Academic of Engineering (25), and the American Association for the Advancement of Science (60).

The campus is now home to twelve national centers and institutes, eight of which are sponsored by the National Science Foundation, including the Materials Research Laboratory, the National Center for Ecological Analysis and Synthesis, the Southern California Earthquake Center, and the renowned Kavli Institute for Theoretical Physics.

Because of its pre-eminence in physics, engineering, and materials science, UCSB is the site of one of the prestigious California Institutes for Science and Innovation. The interdisciplinary California Nano Systems Institute, a research partnership between UCSB and UCLA, is proving matter at the scale of a billionth of a meter in search of beneficial technologies that could revolutionize environmental management, medicine, communications, computing, data storage, electronics, instrumentation, and materials.

UCSB is the recipient of a high and steadily rising level of external funding for research. External funds have nearly doubled over the past decade to a record $222 million in 2009-10.

The University of California’s Natural Reserve System, consisting of 34 protected natural areas throughout the state of California, maintains significant examples of California’s diverse aquatic and terrestrial ecosystems for teaching, research, and public service. UCSB oversees seven such sites. These surrounding ecological habitats provide a natural laboratory where new approaches to conservation and environmental restoration are tested.

More than 200 majors, degrees, and credentials are offered through UCSB’s five schools and the Graduate Division. UCSB enrolls 20,000 students, about 2,600 of them at the graduate level.

The campus is sited on 989 acres on the California coast approximately 100 miles northwest of Los Angeles. For further information about the University of California, Santa Barbara, please visit the website: www.ucsb.edu

About Santa Barbara