M3 Challenge 2013 attracted a record-high number of participants

M3 Challenge 2013 attracted a record-high number of participants

February 27, 2013

Philadelphia, PA--This year's Moody's Mega Math (M3) Challenge will again pose a relevant and ambitious applied math problem – this time to nearly 5,800 high schoolers in 29 eastern U.S. states. Visit /pdf/registered_schools13.pdf to see if students from your school will attempt to submit a solution on March 2 or 3. 

These thousands of students, who comprise 1,281 teams, can guess all they want, but they don't have the slightest clue what the problem topic will be or what they will be asked to do come Challenge day. Such is the spirit of the M3 Challenge, a free, Internet-based math competition that will award $115,000 in scholarship prizes this year. Bragging rights are also at stake, and to some students, are just as important as the thousands of dollars in scholarship prizes.

This weekend, participants will infiltrate local libraries, classrooms, coffee shops, and teammates' homes to research, gather, compute, and ultimately solve a practical "real-world" problem in just 14 hours.

What started in 2006 as a competition available only in the New York City metro area has undergone a series of gradual, planned expansions and became available to students in 29 states last year. And even though the contest's footprint did not expand this year, the registration numbers sure did! The annual increases in total registration seen each and every year, including this year's 7% increase, affirm the growing popularity of the competition.

"The most gratifying thing is feeling like each year we are making a difference to more and more students – in the way they think about math and its applications, and about the way they perceive the value of computational skills in their lives," said Michelle Montgomery, project director of the M3 Challenge. "On top of that, teachers can see students getting enthusiastic about math modeling – a subject that probably could stand more attention in current classroom curriculum standards. And let's not forget, any media attention the Challenge gets underscores the importance of STEM studies and glorifies academic excellence."

The M3 Challenge spotlights applied mathematics and computational science as powerful problem-solving tools and as practical courses of study and meaningful professions. Through participation in the Challenge, young people realize that math is not only useful, but fun.

About the Sponsor

The Moody's Foundation is a charitable foundation established by Moody's Corporation. Moody's is committed to supporting education, in particular the study of mathematics, finance and economics. The Foundation also funds specific initiatives in the areas of health and human services, arts and culture, civic and economic development programs. These programs are primarily located in New York City. Grants are also made in San Francisco, California, San Francisco, California; West Chester, Pennsylvania; and London, England.

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 $2.3 billion in 2011, employs approximately 6,000 people worldwide and maintains a presence in 28 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 more than 14,000 individual members, including applied and computational mathematicians and computer scientists, as well as other scientists and engineers. Members from more than 100 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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