The Department of Quantitative Economics and Business Statistics was established in 2004 on the basis of the Department of Insurance and Risk Management. It will take the advantage of insurance and risk management, keep the research advantage in finance risk management and actuarial science, and continue to improve the strengths of the complex data analysis, in order to establish and develop the subject of quantitive economics and business statistics.

Now there are nine full-time faculty members, including three professors (three doctoral supervisors), five associate professors, and one assistant professor. All of them have overseas education backgrounds or international cooperation experiences. Moreover, there is one Winner of the National Science Fund for Distinguished Youth Scholars, and one person was supported by the Talent Supporting program in New Age by the Ministry of Education. And one doctoral dissertation has been awarded National Excellent Doctoral Dissertation by Ministry of Education.

Research areas focus on Theoretical Econometrics, Complex Data Analysis method and technology, Big Finance Data Analysis and Finance Risk Management.In the recent years, the faculty has been granted one National Science Fund for Distinguished Young Scholars, three National Natural Science Foundation of China (Key Program), and more than twenty National Natural Science Foundation of China (General Program, Youth Program, Projects of International Cooperation and Exchanges, and so on) as well as National Social Sciences Fund. Over thirty research papers have been published in peer-reviewed academic journals indexed by SCI, or SSCI, and several have been published in the top international journals in Statistics and Theoretical Economics, such as Journal of Economic Dynamics and Control，Journal of Mathematical Economics, The B.E. Journal of Theoretical Economics, Computational Economics, and International Journal of Information Technology & Decision Making. In addition, we also conduct collaborative, interdisciplinary programs, achieving some distinguished performance in the field of Economics, Finance and Management, etc.