The course covers the basics of stochastic processes, especially the Poisson process, and the statistical theory of stochastic simulation (Monte Carlo methods), i.e. methods used to solve problems that are difficult to solve analytically. The simulation section includes methods for generating random numbers from different distributions and integral estimation with error estimation. Great emphasis is placed on methods for the simulation of Poisson processes to allow for the simulation of queuing and inventory systems. Throughout the course there is a strong focus on implementing the methods treated using Matlab.
The course requires 15 ECTS mathematics, 6 ECTS mathematical statistics and 7.5 ECTS computer programming, or equivalent.
Selection
Guaranteed place
Applicants in some programs at Umeå University have guaranteed admission to this course. The number of places for a single course may therefore be limited.
Application code
UMU-58215
Application
Please note: This application round is intended only for applicants within the EU/EEA and Switzerland.
Online application service in Swedish will open 17 March 2025 at 09:00 CET.
Application deadline is
15 April 2025. How to apply
Application and tuition fees
As a citizen of a country outside the European Union (EU), the European Economic Area (EEA) or Switzerland, you are required to pay application and tuition fees for studies at Umeå University.
