Editorial Policies

Focus and Scope

Modern Stochastics: Theory and Applications publishes original research papers of highest quality in modern stochastics including

  • probability theory
  • mathematical statistics
  • theory of stochastic processes and random fields
  • stochastic analysis and stochastic differential equations
  • probabilistic aspects of fractal analysis
  • stochastic geometry
and various applied fields such as
  • financial mathematics
  • actuarial mathematics and risk theory
  • applications in economics, biology, physics, engineering
  • optimization and control
With broad coverage of probability and statistics topics, we welcome original papers to present the deepest and highly innovative results, new tools, ideas and methods with rigorous mathematical background, and also with a great potential for practical applications. Journal will accept only papers of sufficiently high quality both in terms of scientific contents and the presentation of the results (including the graphical aspect of the work). The journal welcomes articles of interdisciplinary nature.


Section Policies


Checked Open Submissions Checked Indexed Checked Peer Reviewed


Unchecked Open Submissions Unchecked Indexed Unchecked Peer Reviewed

Peer Review Process

Articles submitted to VMSTA journal should satisfy the following criteria: clarity of exposition, readability, perfect English. Only original papers will be considered. Manuscripts are accepted for review with the understanding that the same work has not been and will not be and is not being currently submitted elsewhere. Submission for publication must have been approved by all of the authors. Editorial Board will take actions stated in COPE flowcharts if any malpractice is suspected. Articles submitted in VMSTA journal are sent out to peer reviewers, although submissions that are out of scope for the journal or are of an unacceptably low standard may be rejected without review. Manuscripts will generally be reviewed by at least three experts in the field with the aim of reaching a first decision as soon as possible. All publication decisions are made by the journals’ Editors-in-Chief on the basis of the reviews provided.

Journal Modern Stochastics: Theory and Applications uses the EJMS system for electronic submission and single-blind peer review of manuscripts by at least three experts in the field. Reviewers are registered by the editor and receive an e-mail containing their user name and password to access the site. The review process begins when the editor receives manuscripts and screens them to see if they meet the journal standards and scope and have any potential as an article to be published in the journal. Manuscripts that are obviously inappropriate for the journal are rejected at that point. Manuscripts that are not prepared in journal style are returned to the authors. If a manuscript has some potential and is reasonably close to the proper format, it is sent out for review to persons with specialized expertise matched to the manuscript's subject matter.


Publication Frequency

The journal is published quarterly.


Open Access Policy

This journal provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge.



This journal has an archival arrangement with Martynas Mažvydas National Library of Lithuania (http://eia.libis.lt/show.php?item=modern_stochastics:_) for the digital archiving.


Author and Journal Promotion Toolkit

Publisher does it’s best to increase the visibility of the published articles. However, there are some key things where you as the author can help to promote the Journal and to significantly maximize the impact of your published research:

  1. Register for an ORCID iD (www.orcid.org), get an author identifier, and include details of published articles to your profile.
  2. Join academic social networks, e.g. ResearchGate (www.researchgate.net), Academia.edu (www.academia.edu), Mendeley (www.mendeley.com), and update your profile with details of your published articles.
  3. Share your articles via social media platforms: LinkedIn, Twitter, Facebook, and others using links to the articles in the Journal website.
  4. Update your faculty or professional website with the bibliographic entries of your articles and links to the articles in the Journal website.
  5. Share your articles with your colleagues using links to the articles in the Journal website.


Similarity Check

Editorial board actively engages in efforts to prevent scholarly as well as professional plagiarism and the journal takes Similarity Check procedure.


Publication Charges

The journal is open access. There are no article processing charges.


Ethical Statements of VMSTA journal

Our aim is to support the ethical publishing principles for all who are involved in VMSTA journal publishing with a summary of best practice guidance from leading organizations (e.g. COPE) around the world. Our guidelines are applicable to VMSTA journal editors, authors, and peer-reviewers. This journal is committed to upholding the integrity of the scientific record. The journal will follow the COPE flowcharts on how to deal with potential acts of misconduct.

For authors

Authors should refrain from misrepresenting research results which could damage the trust in the VMSTA journal, the professionalism of scientific authorship, and ultimately the entire scientific endeavor. Malpractice described below will incur VMSTA journal sanctions for manuscript or publication:

  • fabrication, falsification or manipulation of data, results, images in the manuscript;

    VMSTA requires that data, results, images, photographs, audio/video and/or other materials in the manuscript are not fabricated and not manipulated. The malpractice in this case will incur immediate rejection of the infringing manuscript.

  • plagiarism in proposing, performing, reviewing and reporting research results;

    VMSTA requires that no research results, text, or theories by others are presented as if they were the author’s own. Proper acknowledgements to other works must be given (this includes verbatim material, summarized and/or paraphrased material), quotation marks are used for verbatim copying of material, and permissions are secured for material that is copyrighted. VMSTA as a participant of Similarity Check uses the iThenticate software to detect instances of overlapping and similar text in submitted manuscripts. Manuscripts that are found to have been plagiarized from a manuscript by other authors, whether published or unpublished, will incur immediate rejection of the infringing manuscript.

  • duplicate publication;

    VMSTA is committed to publishing only material that has neither been published elsewhere, nor is under review elsewhere, unless the new work concerns an expansion of previous work. Please provide transparency on the re-use of material to avoid the hint of text-recycling. VMSTA as a participant of Similarity Check uses the iThenticate software to detect instances of overlapping and similar text in submitted manuscripts. Manuscripts that are found to have been self-plagiarized, whether published or unpublished, will incur immediate rejection of the infringing manuscript.

  • redundant publication;

    If a single study is split up into several parts to increase the quantity of submissions and is submitted to various journals or to one journal over time, it will incur immediate rejection of the infringing manuscript.

  • inappropriate co-authorship.

    All listed authors must have made a significant scientific impact to the research in the manuscript and therefore share collective responsibility and accountability for the results. It is important to list everyone who made a significant scientific contribution, including students and laboratory technicians. Changes of authorship or in the order of authors are not accepted after acceptance of a manuscript.

For authors, editors and peer-reviewers: conflicts of interest

To ensure objectivity, neutrality and transparency in research and to ensure that accepted principles of ethical and professional conduct have been followed, authors and peer-reviewers participating in the manuscript submission stage should include information regarding sources of funding and potential conflicts of interest, financial or non-financial, – whether or not they actually had an influence. In most cases, this declaration will not stop work from being published nor will it always prevent someone from being involved in a review process. Undeclared interests may incur sanctions. Submissions with undeclared conflicts that are later revealed may be rejected. Published articles may need to be re-assessed, have a corrigendum published, or in serious cases be retracted.

The types of the conflicts for the authors are:

  • research grants from funding agencies. Please give the information about research funder and the grant number in the Acknowledgements part of the manuscript.
  • honoraria for speaking at conference;
  • financial support for attending conference;
  • financial support for educational programs;
  • employment or consultation;
  • support from a project sponsor;
  • position on advisory board or board of directors or other type of management relationships;
  • multiple affiliations;
  • financial relationships, for example equity ownership or investment interest;
  • intellectual property rights (e.g. patents, copyrights and royalties from such rights);
  • references to the “predatory” journals;
  • holdings of spouse and/or children that may have financial interest in the work;
  • personal relationships or competing interests directly or indirectly tied to this research;
  • professional interests or personal beliefs that may influence your research.

The corresponding author must collect the conflict of interest (listed above) disclosure from all authors and declare them on behalf of all authors during manuscript submission stage in VMSTA journal. Declared conflicts of interest will be considered by the editor and reviewers.

VMSTA intends to prevent from the conflict of interest assigning submissions to editors and inviting peer-reviewers. They should decline in any of the below situations occur and declare any conflicts to the journal. Peer-reviewers must declare their interests in the ‘Confidential’ section of the review form, which will be considered by the editor. Close competitors should consider declining. This information will not be made public.

The types of conflicts of interests for editors and peer-reviewers are:

  • editors and/or peer-reviewers have a recent publication or current submission with any author of the manuscript;
  • editors and/or peer-reviewers share or recently shared an affiliation with any author of the manuscript;
  • editors and/or peer-reviewers collaborate or recently collaborated with any author of the manuscript;
  • editors and/or peer-reviewers have a close personal connection to any author of the manuscript;
  • editors and/or peer-reviewers have a financial interest in the subject of the work of the manuscript;
  • editors and/or peer-reviewers feel unable to be objective for the manuscript.