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“Creating Tomorrow’s Mathematics Professionals” NPSMA Best Practices Workshop Hosted by Buffalo State College October 13-15, 2011 Niagara Falls, New York
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PSM in Industrial Mathematics: The Northern Iowa Experience Syed Kirmani University of Northern Iowa Cedar Falls, Iowa 50614-0506 kirmani@math.uni.edu
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Components of PSM Technical Training Through Coursework Experiential Learning Through Internship/Project Exposure to Business Principles and Practices
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2-year program 34 Units Common Core + Emphasis Area (Actuarial Science, Continuous Quality Improvement, and Mathematical Computing & Modeling)
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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
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Required Courses – 9 Units Required Courses – Actuarial Science Emphasis Mathematics of Finance Actuarial Mathematics Loss Models Financial Engineering
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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
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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
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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
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Teaching Philosophy Emphasis on Computation, Simulation, and Software Emphasis on Projects Emphasis on Writing & Oral Presentations
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Internships Placement Feedback from Students & Alumni Feedback from Employers & Internship Supervisors
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Outreach Lean & Six Sigma Seminar Quality & Modeling Conference PSM Laboratory Statistical Consulting Center PSM Colloquium
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