I was pointed to this article, which was a good read. A link to the article in PDF is also provided here (author's home page).

The computational mechanics group at The University of Iowa, led by Professor S. Rahman, is looking for new Ph.D. students, who are capable of and interested in performing high-quality graduate research in stochastic dynamics and want to pursue academic/research career afterwards. The research, supported by NSF and others, entails developing new decomposition methods for solving general random eigenvalue problems encountered in engineering and sciences. The topic covers dynamics (mechanics), stochastics, and computational methods. Therefore, a solid background in dynamics/vibration and elementary numerical analysis is a must; some exposure to uncertainty and probabilistic methods is desirable.