Math modeling contest to award $100,000 in scholarship prizes

January 12, 2010

$20,000 to first place team -- Registration deadline is February 26

Moody's Mega Math (M3) Challenge is a high school math competition that spotlights applied mathematics as a powerful problem-solving tool, as a viable and exciting profession, and as a vital contributor to advances in an increasingly technical society. Open to juniors and seniors attending schools from Maine to Florida, the M3 Challenge is entirely Internet-based and free of entry and participation fees. High schools may enter up to two teams of three to five students who must choose the day they wish to work on Challenge weekend (March 6-7, 2010). Teams have 14 hours (7:00 a.m. to 9:00 p.m.) to solve an open-ended, realistic, applied math-modeling problem focused on a real-world issue and while they can work from any location they choose and can use any free and publicly available resources, they may not discuss any aspect of the problem with, or seek help from, their coach or anyone other than their teammates.

The M3 Challenge offers scholarships totaling $100,000. The top six prize-winning teams receive awards ranging from $2,500 to $20,000, which are divided equally among team members and paid directly to the colleges or universities at which the winning students enroll. Honorable Mention winners receive team prizes of $1,000. Panels of Ph.D.-level applied mathematicians serve as judges.

M3 Challenge Awards and Recognition: 2009 ASAE Associations Advance America (AAA) Award of Excellence; 2008 Excellence Award, Committee Encouraging Corporate Philanthropy (CECP).

You can find complete information and register at http://M3Challenge.siam.org

The M3 Challenge is funded by The Moody's Foundation and organized by the Society for Industrial and Applied Mathematics (SIAM).

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About the Sponsor

The Moody's Foundation is a charitable organization dedicated to supporting a variety of nonprofit education, health and human services, civic, and arts and culture programs. Established by Moody's Corporation in 2001, the Foundation's primary area of giving is secondary and higher education with a focus on mathematics, economics and finance. Further information is available at: http://philanthropy.moodys.com.

Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody's Corporation (NYSE: MCO) is the parent company of Moody's Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody's Analytics, which encompasses the growing array of Moody's non-ratings businesses including risk management software for financial institutions, quantitative credit analysis tools, economic research and data services, data and analytical tools for the structured finance market, and training and other professional services. The Corporation, which reported revenue of $1.8 billion in 2008, employs approximately 3,900 people worldwide and maintains a presence in 29 countries. Further information is available at www.moodys.com.

About the Organizer

The Society for Industrial and Applied Mathematics (SIAM), headquartered in Philadelphia, PA, is an international society of over 12,000 individual members. These include applied and computational mathematicians and computer scientists, as well as other scientists and engineers. Members are researchers, educators, students, and practitioners from 85 countries in industry, government, laboratories, and academia. The Society, which also includes almost 500 academic and corporate institutional members, serves and advances the disciplines of applied mathematics and computational science by publishing a variety of books and prestigious peer-reviewed research journals, by conducting conferences, and by hosting activity groups in various areas of mathematics. SIAM provides many opportunities for students including regional sections and student chapters. Further information is available at www.siam.org.


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