The Scientific Research Institute of Applied Mathematics of Baku State University is founded by decisions №395 dated November 26, 1991 year of the Cabinet of Ministries of the Azerbaijan Republic, №920 dated December 16, 1991 of the Ministry of National Education. From the beginning 1993 year up-to-date Fikret Aliev supervises by the Institute.
The main object of an investigation of the Institute is «dynamic processes, control and mathematical modeling of economic systems, the solution of actual theoretical, applied problems and a problem of preparation of the information resources». The collaborators of the Institute published the monography “Optimization of Linear Control Systems by Analytical Methods and Computational Algorithms ” in publishing house “ Gordon and Breach ”. In the Institute, since 2002 year an International scientific journal “ Applied and Computational Mathematics ” is published with two editions in a year. The known scientists of mathematics from 12 countries of the world are the members of an editorial board of this journal.