“Creating Tomorrow’s Mathematics Professionals”

NPSMA Best Practices WorkshopHosted by Buffalo State College

October 13-15, 2011Niagara Falls, New York

PSM in Industrial Mathematics:The Northern Iowa Experience

Syed KirmaniUniversity of Northern Iowa

Cedar Falls, Iowa 50614-0506kirmani@math.uni.edu

Components of PSM

• Technical Training Through Coursework

• Experiential Learning Through Internship/Project

• Exposure to Business Principles and Practices

• 2-year program

• 34 Units

• Common Core + Emphasis Area (Actuarial Science, Continuous Quality Improvement, and Mathematical Computing & Modeling)

Common Core: 16 Units

• Business Management for Science Professionals – 3 Units

• Industrial Internship/Project – 6 Units

• PSM Seminar – 1 Unit

• Deterministic Operations Research – 3 Units

• Discrete-Event System Simulation – 3 Units

• Required Courses – 9 Units

• Required Courses – Actuarial Science Emphasis

Mathematics of FinanceActuarial MathematicsLoss ModelsFinancial Engineering

• Required Courses – Continuous Quality Improvement Emphasis

Design & Analysis of ExperimentsStatistical Quality AssuranceRegression AnalysisMultivariate Statistical AnalysisAdvanced Statistical MethodsProbabilistic Operations ResearchModeling Industrial Systems Using QueueingNetworks

• Required Courses – Mathematical Computing & Modeling Emphasis

Geometric Modeling for CADDifferential EquationsPartial Differential EquationsNumerical AnalysisProbabilistic Operations ResearchModeling Industrial Systems Using Queueing

Networks

• Elective Courses – 9 Units

Marketing StrategyMarketing ManagementStrategic Planning and Organization AnalysisCross-Functional OperationsCorporation FinancePrinciples of InvestmentsFinancial Management and MarketsAdvanced CAD and ModelingNetworkingComputer Systems and Simulation of Physical Systems

Teaching Philosophy

• Emphasis on Computation, Simulation, andSoftware

• Emphasis on Projects

• Emphasis on Writing & Oral Presentations

• Internships

• Placement

• Feedback from Students & Alumni

• Feedback from Employers & Internship Supervisors

Outreach

• Lean & Six Sigma Seminar

• Quality & Modeling Conference

• PSM Laboratory

• Statistical Consulting Center

• PSM Colloquium