1. Mathematical Finance Research Groups ● H-W was one of the first universities in the UK to establish a financial maths (as distinct from finance, probability or statistics) research group. ● It is currently #2 in the UK based on full time members (Oxford is the biggest with 12, H-W has 10, LSE 8, IC has 7, Cambridge 6, Kings 6) – An important centre with links to all the other research groups (incl Birkbeck, Warwick, Manchester, City, etc.) ● Has a history of industrial interaction (especially in insurance)

2. Teaching ● We offer post-graduate courses in Financial Mathematics (with UoE), Quantitative Risk Management, Actuarial Science – Typically 20 students study FM, 50 in Actuarial Science, QRM starts Sept 2008. ● We are the only UK institution to teach financial mathematics (i.e. stochastic processes applied to financial markets) at BSc level. – Historical restrictions on student numbers mean there are only a handful of students taking the BSc in FM, this is to grow

3. Energy ● The ERP links leading research groups in financial maths and energy ● Both subjects are key strategic areas to the university ● UoE/H-W are a Beacons for Public Engagement: “encourage participation and understanding of areas of research relevant to public policy such as health and life sciences, energy and environment”

4. Collaboration ● Looking to link with the energy industry and academia – Knowledge Transfer Networks, Knowledge Transfer Partnerships, MSc dissertations, BSc projects/internships, CPD, consultancy ● NOT cheap labour: looking for partnerships and a dialogue – Not exclusive to the ERP ● EPSRC / Smith Institute ● Involvement of Manchester, Strathclyde, Warwick, Birkbeck, etc. ● Internationally, Norway, Switzerland, Germany, France, etc.