“Creating Tomorrow’s Mathematics Professionals” NPSMA Best Practices Workshop Hosted by Buffalo State College October 13-15, 2011 Niagara Falls, New York

PSM in Industrial Mathematics: The Northern Iowa Experience Syed Kirmani University of Northern Iowa Cedar Falls, Iowa

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 Finance Actuarial Mathematics Loss Models Financial Engineering

Required Courses – Continuous Quality Improvement Emphasis Design & Analysis of Experiments Statistical Quality Assurance Regression Analysis Multivariate Statistical Analysis Advanced Statistical Methods Probabilistic Operations Research Modeling Industrial Systems Using Queueing Networks

Required Courses – Mathematical Computing & Modeling Emphasis Geometric Modeling for CAD Differential Equations Partial Differential Equations Numerical Analysis Probabilistic Operations Research Modeling Industrial Systems Using Queueing Networks

Elective Courses – 9 Units Marketing Strategy Marketing Management Strategic Planning and Organization Analysis Cross-Functional Operations Corporation Finance Principles of Investments Financial Management and Markets Advanced CAD and Modeling Networking Computer Systems and Simulation of Physical Systems

Teaching Philosophy Emphasis on Computation, Simulation, and Software 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