About the M3 Challenge
The M3 Challenge 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. Scholarship prizes total $125,000. The Challenge is entirely Internet-based and there are no registration or participation fees. Each high school may enter up to two teams of three to five junior and/or senior students. No exceptions will be made to allow underclassmen. Homeschooled and cyberschool students may also participate. Students choose which day they wish to work on Challenge weekend and have 14 hours (7:00 a.m. to 9:00 p.m. local time) to solve an open-ended, applied math-modeling problem focused on a real-world issue. Teams can work from any location they choose and can use any free and publicly available resources, but they may not discuss any aspect of the problem with, or seek help from, their coach or anyone other than their teammates via any medium. See Official Rules and Guidelines for complete details.
Panels of Ph.D.-level applied mathematicians serve as judges in three rounds of judging. Coaches and teams are notified in April of the judging results. Teams selected for the top six prizes are required to present their papers at the confirmation (third) judging round to determine final rank-order of those papers.
The top six prize-winning teams receive scholarship 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. Semi-finalist and honorable mention winners (more than 50 awards) receive team prizes of $1,500 and $1,000, respectively.
In 2006, the inaugural year for Moody's Mega Math Challenge, only high schools located in the New York City Metropolitan area were eligible to participate. Since then, the M3 Challenge area of eligibility has grown to include most of the United States, a total of 45 states, plus D.C.. It is anticipated that the Challenge will be offered nationwide in 2016. See Official Rules and Guidelines for eligibility details.
M3 Challenge is the recipient of numerous awards and recognitions, including: 2010-2014 National Association of Secondary School Principals’ National Advisory List of Student Contests & Activities; 2009 ASAE Associations Advance America (AAA) Award of Excellence; 2008 Excellence Award; Committee Encouraging Corporate Philanthropy (CECP).
Presentations and Awards Program 2012.
The Moody's Foundation, a charitable foundation established by Moody's Corporation, is committed to supporting education, in particular the study of mathematics, finance and economics. The Foundation also funds specific initiatives in the areas of global economic development, microfinance, civic, health and human services as well as arts and cultural programs. The Foundation supports programs located in select metropolitan areas in the United States, the United Kingdom and elsewhere around the world.
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 offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management. The Corporation, which reported revenue of $2.7 billion in 2012, employs approximately 7,000 people worldwide and maintains a presence in 29 countries. Further information is available at www.moodys.com.
The Society for Industrial and Applied Mathematics (SIAM), headquartered in Philadelphia, PA, is an international society of more than 14,000 individual members, including applied and computational mathematicians and computer scientists, engineers, physists, and other scientists. Members are researchers, educators, students, and practitioners from over 100 countries working in industry, government, laboratories, and academia. The Society, which also includes nearly 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.
2012 Sixth Place Team from Hunterdon Central Regional High School presents their solution.