More than 6,000 high school students to compete in Moody’s Mega Math Challenge
The 2014 contest expanded to include students in 17 additional statesMARCH 3, 2014
Philadelphia, PA (March 3, 2014) -- A total of 1,421 teams, composed of 6,412 high school students, will compete for $125,000 in scholarships awarded by The Moody's Foundation during the 2014 Moody's Mega Math (M3) Challenge set to take place March 8-9.
The annual Internet-based applied math contest organized by the Society for Industrial and Applied Mathematics (SIAM) poses a timely, real-world issue for participants to solve using applied mathematics. The high school teams have just 14 hours to study the issue, gather data, state assumptions, and devise mathematical models before reporting their results in the form of a solution paper. The competing teams do not know the problem in advance.
This year the contest expanded to include 45 states plus Washington D.C. -- adding 17 new states to the eligible footprint since last year.
"Several states brand new to the Challenge, such as Texas, Utah, Kansas, Iowa, and Arizona, are sporting a high number of participants," said Project Director Michelle Montgomery. "States like New Jersey and Florida, which have participated and done well in the Challenge for years, continue to have high representation."
This coming weekend, the teams will file into a library, school or friend's home by 7 a.m. EST to apply their critical thinking, math modeling, research and writing skills to compete with thousands of participants all over the country.
The contest offers more help to participants this year in the form of a modeling handbook. Created with the help of experienced math modelers and applied mathematicians, the handbook includes instructions on various steps of the modeling process. "Reference flashcards," sample modeling problems, including one from last year's Challenge, and an actual winning paper to illustrate various concepts are available to participating teams. The handbook can be viewed or downloaded for free on the M3 Challenge site here.
To find out if your school is registered for the Challenge, view the entire list here:
To learn more about the Challenge, visit http://m3challenge.siam.org/about/mm/.
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About The Sponsor
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 $3.0 billion in 2013, employs approximately 8,400 people worldwide and maintains a presence in 31 countries. Further information is available at www.moodys.com.
About the organizer
The Society for Industrial and Applied Mathematics (SIAM), headquartered in Philadelphia, Pennsylvania, is an international society of over 14,000 individual members, including applied and computational mathematicians and computer scientists, as well as other scientists and engineers. Members from 85 countries are researchers, educators, students, and practitioners 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.
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