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University of Liechtenstein and Palmary Foundation establish the Thematic Lab for Mathematics & Statistics

The University of Liechtenstein is pleased to announce the establishment of the new Thematic Lab for Mathematics & Statistics (LMS). The Lab is being established with the support of the Palmary Foundation and will be a central component of teaching and research in the field of mathematics and statistics at the University of Liechtenstein for the next three years.
Goals and tasks of the theme lab

The Thematic Lab for Mathematics & Statistics pursues several important goals that are intended to strengthen both the academic excellence and the scientific visibility of the University of Liechtenstein:

1. Strengthening teaching and scientific expertise: a central goal of the LMS is to significantly strengthen the field of mathematics and statistics within the University of Liechtenstein. The Lab will help to increase human resources and teaching capacities in these areas. Through a strategic orientation in teaching, students should acquire a sound and practice-oriented understanding of mathematical and statistical methods that they can use in their further academic and professional careers.
2. Promotion of young scientists: The LMS will serve as a catalyst for the development of young scientists. It will provide a platform on which young talents can deepen and further develop their research. In particular, prizes will be awarded for Bachelor's and Master's theses with a mathematical or statistical focus in order to promote and give visibility to outstanding scientific achievements.
3. Creation of a contact point for specialist questions: Another aim of the LMS is to establish a central contact point for specialist questions in the field of mathematics and statistics at the university. This contact point will be available to both students and academic staff and will help to solve complex mathematical and statistical issues that arise in teaching and research.
4. Increasing academic visibility: By organizing events such as award ceremonies for outstanding theses and research projects, as well as actively participating in other university events such as the Children's University, the LMS will help to increase the visibility and reputation of the University of Liechtenstein as a leading academic location. The award ceremonies will take place on the university's premises and offer an excellent opportunity to put scientific successes at the center of public attention.
5. Integration into the regional and international scientific landscape: The LMS will play an important role in networking and collaboration with other scientific institutions and research initiatives both in Liechtenstein and internationally. Through the exchange of knowledge and cooperation with other institutions, the Lab will contribute to establishing the University of Liechtenstein as a central authority in the scientific community.

Structure and management

The Palmary Foundation provides annual funding of CHF 50,000 to enable the work of the LMS. This support underlines the joint commitment of both partners to the promotion of mathematics and statistics in academic education and research. The Lab is located at the Chair of Innovative and Digital Finance of Assoc. Prof. Dr. Martin Angerer and is operationally managed by Dr. Wolfgang Schadner, Ass.

Outlook

The agreement between the University of Liechtenstein and the Palmary Foundation is initially valid for three years, starting on September 1, 2024. Both partners are aiming for long-term cooperation in order to continue the successful work of the lab beyond this period.