Maths gets down to business

Posted by er134 at Mar 19, 2014 10:41 AM |
University of Leicester to work with business and industry to shape postgraduate degree programmes

Issued by University of Leicester Press Office on 19 March 2014

Business leaders are being urged to work with the University of Leicester to help shape degree programmes to meet the needs of industry.

The University is launching two new postgraduate programmes specifically designed to bridge the gap between academic knowledge and business practice.

Now the University is staging an event where people from business can meet with staff and students and help to shape the content of future programmes.

The Business engagement event at the University of Leicester on 25 March from 4.00-6.00pm will bring together Mathematics departmental staff with employers to discuss two new MSc programmes directly linked to Mathematics in Business – an MSc in Computational Modelling and an MSc in Data Analysis for Business Intelligence.

Jeremy Levesley, Professor of Applied Mathematics at the University of Leicester, said: “It is essential our industrial partners input into our programmes by providing real world projects, insight in business applications and engaging in development and assessment of our courses.

“Previously our students have completed projects in fraud detection for credit cards, developed credit scoring algorithms for loan companies, and coded complex financial pricing algorithms. We want to work with business and industry to develop a generation of computationally literate students who can solve data driven business problems.”

Professor Kevin Schürer, Pro-Vice-Chancellor for Research and Enterprise at the University of Leicester, said: “Compared to our major international competitors, businesses in the UK invest less in R&D. This is especially true for SMEs. By working together in key problem areas, partnerships between universities and industry can help fuel economic growth. This innovative scheme will help support businesses regionally and beyond, as well as providing highly skilled graduates.”

Aimee Harrisonwild, from the University’s Career Development Service, added: “We have created this event in response to the ongoing national concern that degree courses are not attuned to today’s current business needs. This is a call for action and a warm invite to progressive businesses that want to develop a talent pipeline bespoke to their commercial requirements.”

Firms attending the event will gain an overview of the new MSc programmes which are being launched in October 2014 and help shape content to ensure its immediate relevance to business needs.  Companies can also identify specific ways their organisation can engage with this cohort of students and register as one of the primary organisations for summer research projects.

  • To register for this event (spaces are limited) please contact Will Freestone on wf22@le.ac.uk. Or if you would like any further information on options available for your organisations to promote careers at the University of Leicester, please contact Aimee Harrisonwild, or Darren Page on 0116 252 2068.

Ends

NOTES TO EDITORS

  • For more information contact Aimee Harrisonwild, or Darren Page on 0116 252 2068.

 

The University of Leicester Department of Mathematics has 26 leading academics, 445 undergraduates and 115 postgraduates. It undertakes research, training and postgraduate teaching in the study of finance, risk management, dynamical systems, computational modelling, actuarial science, data analysis, algebra, topology and associated fields.

 

MSc in Data Analysis for Business Intelligence

Motivation for industrial interest in MSc in Data Analysis for Business Intelligence:

  • Students will be equipped with statistical and computational skills that will empower them to perform analysis of a company’s raw data, leading to objective business decisions.
  • Students will be trained to identify correlations and patterns in the data and to perform predictive modelling in real-world business situations.
  • With curriculum based around Applied Statistics, Mathematical Modelling, Data Mining and computational skill development (including Cloud Computing), the course is designed to address data related recruitment requirements of industries such as BAE Systems, Tesella, First Derivatives plc among others, as well as the Big Data Consultancy firms that appear to be regularly looking for Data Scientists.
  • Additionally, students will be enabled with skills to retrieve, manipulate and analyse data via the SAS and SQL certification exams that they will be prepared for, as part of this M.Sc.

 

MSc in Applied Computation and Numerical Modelling

Motivation for industrial interest in MSc in Applied Computation and Numerical Modelling:

  • The MSc in Applied Computation and Numerical Modelling is designed to respond to the industry demand for graduates with  technical knowledge and practical skills in applied computational/numerical modelling.
  • This interdisciplinary programme between the Departments of Mathematics, Engineering, and Physics and Astronomy combines theoretical and practical knowledge of scientific computing techniques with engineering and physics modelling skills acquired through specialised modules on finite element analysis, data mining, operational research, real-time signal processing, and CFD among others.
  • Students will master common industrial applications of computational modelling and learn how to develop and apply their own strategies to solve problems.
  • Graduates will gain hands-on practical knowledge of modern computing languages (FORTRAN, C, C++, MATLAB) and commercial software commonly used in industries through the supervised summer project together with industrial partners such as Weatherford and BGS.

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