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Industrial Mathematics Internships

Mon 13th Oct 2008

The KTN for Industrial Mathematics is delighted to announce a major expansion of its Industrial Mathematics Internships programme, supported by the Engineering and Physical Sciences Research Council and the Technology Strategy Board.

Over the last year, the Industrial Mathematics KTN has established a successful programme of Industrial Mathematics Internships. The scheme was launched as a pilot in September 2007 and has attracted keen participation from companies and universities. Six successful new collaborations have been established through the Internships. With the support of EPSRC and the Technology Strategy Board, we are now able to offer an expanded programme, which will run from September 2008 until October 2009 and establish 20-30 new Internship projects.

The six pilot projects were "Key Performance Indicators, insurance cycles and optimal portfolio mix" based at Brunel University in collaboration with Lloyd's; "Improvements in stochastic mortality modelling" based at Heriot Watt University in collaboration with Barrie and Hibbert; "Comparison of complexity, fidelity and cost of internal ballistics models" based at the University of Bristol in collaboration with Frazer-Nash Consultancy; "Simulation of the underwriting cycle in the liability-property insurance market" based at Brunel University in collaboration with ACE; "Modelling and analysis on supermarket transactions" based at UCL in collaboration with Unilever; and "Capital asset maintenance and support" based at the University of Salford in collaboration with LSC Group. Case studies are currently being prepared and will be available soon.

The Industrial mathematics KTN are now in a position to establish the next round of projects. If you wish to explore particular suggestions, whether or not you have a partner organization in mind, please get in contact with them or fill out an expression of interest form. Application material is available at www.ktn-internships.net.

The overarching objective of the programme is to extend the innovation impact of industrial mathematics, through short projects carried out by current PhD students over 3 to 6 months. Each project has a clearly defined programme of work, with a valuable impact for both the company and the Intern's research group. Internships place an emphasis on creating new collaborations, which can grow in breadth and depth over time through other mechanisms. The resulting relationships will enhance both research and knowledge transfer in the participating university research groups, as they develop a detailed familiarity with business requirements and priorities.

Each Internship is a collaboration between a host company, an Intern, and a research group within a university. Industrial Mathematics Internships are a new opportunity with a threefold advantage. They enable industrialists to explore new horizons or improve existing operations by bringing mathematical expertise and cutting-edge techniques into their innovation activities. They enable postgraduate researchers to demonstrate their knowledge and insight in addressing industrial challenges. And they provide academics with a means of growing new industrial collaborations and relationships.

Each Internship will be supported by the staff of the Industrial Mathematics KTN: we will assist in establishing the projects, building the relationships, exploiting follow-on opportunities and disseminating case studies.

To find out more about how to get involved with the Internships scheme, please email vera.hazelwood@smithinst.co.uk at the Industrial Mathematics KTN.

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Industrial Mathematics Internships