Department of Applied Mathematics Archive

MMF Program Ranked Among Top Financial Engineering Programs by Financial Engineer

June 30, 2014
The Master of Mathematical Finance (MMF) program, a joint program of the Department of Applied Mathematics and the Stuart School of Business, was picked by The Financial Engineer as one of the top financial engineering programs of 2014.
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IIT Professor of Applied Mathematics Jinqiao Duan Co-Authors “Effective Dynamics of Stochastic Partial Differential Equations”

May 2, 2014
The need to take stochastic effects into account for modeling complex systems has now become widely recognized. IIT Professor of Applied Mathematic Jinqiao Duan, along with Wei Wang from Nanjing University, Nanjing, PR China, addresses this in his book “Effective Dynamics of Stochastic Partial Differential Equations,” published by Elsevier.
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MMF Program Ranked Top 25 by QuantNet

November 4, 2013
QuantNet has ranked IIT's Applied Math Masters in Mathematical Finance program among the top 25 financial programs in the nation.
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A ZDNet article reporting on the growing need for analytics experts notes that IIT College of Science and Letters now offers a Master of Data Science degree program to provide the skills for this growing profession.

June 10, 2013
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MMF and MSF Students Win Third Place in Trading Competition

May 10, 2013
A team of Master of Mathematical Finance and Master of Science in Finance students won third place at the University of Chicago Midwest Trading Competition, held April 12 - 13 at the Chicago Booth Gleacher Center. IIT Team members Xi Liu (MMF candidate, team captain), Rui Tu (MMF candidate), He Wang (MSF candidate), Yuchen Zhang (MSF candidate) received a $1,000 prize. The competition was sponsored by OptionsCity Software and CME Group at the University of Chicago.
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Plan to Attend the Chicago Area SIAM Student Conference

April 2, 2013
The Chicago Area SIAM Student Conference (CASSC) is the collaborative effort between applied mathematics students from IIT, Northwestern University and the University of Illinois at Chicago to host an annual event connecting students in applied mathematics and related sciences to developing branches of mathematics with industrial applications in and outside of academia. This year marks the first such jointly-organized conference, which will be held on Saturday, April 27 and Sunday, April 28 at the UIC East Campus (UIC Department of Mathematics, Statistics and Computer Science). It will feature three plenary speakers: Donald Barnhart (i-Cyt/Sony), Raissa D'Souza (UC Davis) and Lev Reyzin (UIC) as well as shorter talks from graduate students and a poster session showcasing the work of graduate and undergraduate students.
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Seventh Annual Karl Menger Lecture and Awards

March 29, 2013
The Department of Applied Mathematics is hosting the seventh annual Karl Menger Lecture and Awards honoring Karl Menger, influential mathematician and professor of mathematics at IIT from 1946 to 1971, on Monday, April 22 and Tuesday, April 23.
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Applied Mathematics Professional Master’s Program to Launch Fall 2013

March 4, 2013
In fall 2013, IIT will launch a new professional master’s program in applied mathematics. This non-thesis master’s degree will provide applied and computational mathematics training in conjunction with teaching communication and teamwork skills demanded by today’s employers. The program offers students an exciting capstone experience solving serious, real-world problems in business and industry using modeling, statistical and data analysis, stochastic analysis and optimization techniques.
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IIT Applied Math Alumnus Jacob Matijevic Honored Posthumously for Work on Mars Rover Missions

October 24, 2012
Jacob “Jake” Matijevic (Math ‘69), a great space engineer, died on August 20, 2012 in Los Angeles, Calif. Matijevic received his bachelor’s degree from IIT and later earned a Ph.D. from the University of Chicago in 1973. In honor of Jacob’s contribution to the Mars rover missions, NASA and the Jet Propulsion Laboratory named the rock found by the Curiosity rover, “Jake Matijevic.”
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IIT Third-Year Undergraduate Triple Play

March 29, 2012
Anita Thomas (AMAT 3rd year) will present her research, "Sampling Within the k-Means Algorithm to Cluster Large Datasets," at the Infinite Possibilities Conference, March 30-31 at the University of Maryland. Thomas reduced the amount of data needed to obtain accurate clusters, thus decreasing runtime to a reasonable speed.
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Department of Applied Mathematics Archive

MMF Program Ranked Among Top Financial Engineering Programs by Financial Engineer

IIT Professor of Applied Mathematics Jinqiao Duan Co-Authors “Effective Dynamics of Stochastic Partial Differential Equations”

MMF Program Ranked Top 25 by QuantNet

A ZDNet article reporting on the growing need for analytics experts notes that IIT College of Science and Letters now offers a Master of Data Science degree program to provide the skills for this growing profession.

MMF and MSF Students Win Third Place in Trading Competition

Plan to Attend the Chicago Area SIAM Student Conference

Seventh Annual Karl Menger Lecture and Awards

Applied Mathematics Professional Master’s Program to Launch Fall 2013

IIT Applied Math Alumnus Jacob Matijevic Honored Posthumously for Work on Mars Rover Missions

IIT Third-Year Undergraduate Triple Play

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