Research group - Mathematical Modelling of Stochastic, Economic and Medical Systems

Vision of the group – Growing team of researchers, who carries out scientific research in the area of mathematical modelling, actively works in project activities, ensures studies based on scientific knowledge, offers solutions for companies to solve their problems as well as provides topics for final projects or dissertations for students.

Main research topics of the group:

  • Modelling of stochastic systems using Markov processes.
  • Modelling and data analysis for economic and financial systems.
  • Risk control in business systems.
  • Mathematical modelling of regulatory mechanisms of gap junctions.
  • Mathematical modelling of cells (e.g. neurons or cardiomyocites) activated by electrical signals.
  • Reliability modelling of energy systems.
Research Priority Areas Smart Environments and Information Technologies
Lithuanian Smart Specialization Areas and Priorities

Health technologies and biotechnologies

Transport, logistics and information and communication technologies (ICT)

Energy and sustainable environment




Research projects


Research services

  1. Consultations on fraudulent activities in tax collection.
  2. Risk evaluation and assessment in business systems.
  3. Big data analysis.
  4. Development of models in biomedical systems.
  5. Modelling of queuing systems with Markov processes.
  6. Reliability modelling of energy systems.
  7. Modelling of financial markets, FinTech Modelling.
  8. Applications of mathematics in business and industry.
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