Project Course in Applied Mathematics

Aim

The course aims to provide advanced knowledge in conducting technical development projects within applied mathematics. This means that the student is expected to be able to do the following after completing the course:

• Analyze and synthesize knowledge from various disciplines related to applied mathematics to solve complex problems in new contexts.
• With a high degree of independence, plan and execute projects using a project model from requirements specification to final presentation, including management, group collaboration, and technical problem-solving.
• Document and present project results in the form of a technical report and an oral presentation.
• Document a life cycle assessment (LCA) that considers relevant aspects of environmental, economic, and social sustainability.​
• Reflect on and consider sustainability aspects in the planning and implementation of a project.​
• Show the ability to act based on life cycle analysis to influence the surrounding society (locally, nationally, or globally) to create a more positive impact (socially, economically, sustainably, etc.).

Content

New projects are offered every year and they are usually formulated in collaboration with an industrial partner or as part of a research project. They are based on knowledge from previous courses but can also require some acquisition of new knowledge of relevance to the project. Typically, we offer projects both with and without focus on finance. In finance the projects can cover estimation of term structures, pricing, risk measurement and hedging on interest rate, exchange rate and option markets. The topics of the other projects vary more and previous projects in collaboration with industry have, for example, addressed scheduling of software processes in electronic systems, planning of transports within a large warehouse building, scheduling of underground mines, and placements of thermal cameras to efficiently detect fires in large bio-fuel depots.