MathWorks Math Modeling Challenge: Difference between revisions

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updated the current prizes, 2017 problem, challenge weekend and general description of the MathWorks Math Modeling Challenge based off of their website.
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'''Mathworks MegaMathWorks Math Modeling (M3) Challenge''' is an [[applied mathematics]] modeling contest open to high school students across the United States (including US territories and DoDEA schools). It is sponsored by The [[Mathworks]] (a leading developer of mathematical computing software) based in Boston and organized by the [[Society for Industrial and Applied Mathematics]] (SIAM) based in [[Philadelphia]]. The M³ Challenge awards $150100,000 in scholarship prizes each year to the top teams. An additional incentive is the recognition that the winning teams receive. The winning paper from 2008 was published in the [[College Mathematics Journal]] and a representative from High Tech's team appeared on [[FOX Business Channel]], 2010 winners were interviewed by Pimm Fox of Bloomberg radio, presented its findings at Lockheed Martin's Data Capture Center, met with U.S. Census Bureau Director Dr. Robert Groves, and had their research published in SIAM's prestigious undergraduate publication, SIAM Undergraduate Research Online (SIURO), the 2011 and 2012 winners were interviewed by Pimm Fox of Bloomberg radio, and the 2014 winners were interviewed by both Pimm Fox and Carol Massar on Bloomberg radio.
[[File:Math-challenge1.png|thumb|The challenge logo]]
'''Mathworks Mega Math (M³) Challenge''' is an [[applied mathematics]] modeling contest open to high school students across the United States (including US territories and DoDEA schools). It is sponsored by The [[Mathworks]] and organized by the [[Society for Industrial and Applied Mathematics]] (SIAM) based in [[Philadelphia]]. The M³ Challenge awards $150,000 in scholarship prizes each year to the top teams. An additional incentive is the recognition that the winning teams receive. The winning paper from 2008 was published in the [[College Mathematics Journal]] and a representative from High Tech's team appeared on [[FOX Business Channel]], 2010 winners were interviewed by Pimm Fox of Bloomberg radio, presented its findings at Lockheed Martin's Data Capture Center, met with U.S. Census Bureau Director Dr. Robert Groves, and had their research published in SIAM's prestigious undergraduate publication, SIAM Undergraduate Research Online (SIURO), the 2011 and 2012 winners were interviewed by Pimm Fox of Bloomberg radio, and the 2014 winners were interviewed by both Pimm Fox and Carol Massar on Bloomberg radio.
 
MathworksMathWorks took over sponsorship of the competition, formerly known as the Moody's Mega Math (M³) Challenge from Moody's Foundation in 2017.<ref name="fo170717">{{cite news|last1=Knapp|first1=Alex|title=Moody's Foundation Pulls Sponsorship Of High School Math Competition|url=https://www.forbes.com/sites/alexknapp/2017/07/17/moodys-foundation-pulls-sponsorship-of-high-school-math-competition/#14d7849248d0|accessdate=10 December 2017|publisher=Forbes|date=July 17, 2017}}</ref>
 
==Registration process==
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==Eligibility==
High schools in all fifty states, the District of Columbia, and U.S. territories are eligible for the M3 Challenge.
 
==Challenge weekend==
The M3 Challenge is held annually on a Friday, Saturday, Sunday, and SundayMonday in late February or March. Students choose which day they wish to work. Students also choose what time to work thanks to flexible work time. All teams will work in or convert their local time to Eastern Standard Time and download the problem anytime over Challenge weekend to begin their consecutive 14 hours of work. Once the problem is downloaded, the clock starts and it cannot be paused; students should download the problem with at least 14 hours before the firm end of Challenge weekend to have use of the full 14 hours allowed. They can work from any ___location they choose.
 
==The problem==
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'''2016 Problem –''' ''Share and (Car) Share Alike – Modeling New Approaches to Mobility''
 
'''2017 Problem –''' ''From Sea to Shining Sea: Looking Ahead with the National Park Service''
 
==Judging==
Ph.D.-level applied mathematicians judge the contest in three phases. In triage, each paper is read through at least two times, and as many as five times, before being eliminated or passed on to the second round. The triage round of judging eliminates two-thirds or more of the submitted papers. In the second round of judging, papers are read up to an additional 12 times each, and the top papers emerge. The top six will go on to the presentation round of judging while up to 85 remaining papers receive honorable mention team awards. Judging is blind until the presentation round, with teams known only by a unique team ID number. The presentation round is held at the Moody’s corporate headquarters in the World Trade Center on Wall StreetApril where the teams present their papers to a panel of judges. Following the presentations, judges rank the teams and a formal award ceremony takes place.
 
==Prizes==
All students who submit a viable solution paper receive certificates of participation, which are mailed to their teacher-coach. Coaches also receive certificates. Judges have the option of awarding up to $37,000 in additional semi-finalist and honorable mention team awards in amounts of $1,500 and $1,000 per team, respectively. <ref>http://m3challenge.siam.org/participate/</ref>
The M³ Challenge awards eight categories of prizes to the top teams. Prize funds are shared equally among all team members; prize money goes directly to the college or university at which each student enrolls:
 
* M³ Challenge Champions (Summa Cum Laude Team Prize) = $20,000
Semi-finalist prizes are awarded to teams whose papers were highly ranked and underwent in-depth, specific discussion by judges, but missed making it into the top six.
* M³ Challenge Runner Up (Magna Cum Laude Team Prize) = $15,000
 
* M³ Challenge Third Place (Cum Laude Team Prize) = $10,000
The top six teams' schools are awarded trophies. Scholarship prizes for the top six finalist teams are as follows:
* M<sup>3</sup> Challenge Finalist (Meritorious Team Prize) = $5,000 (3 teams)
*M3 Challenge Champions (Summa Cum Laude Team Prize) = $20,000
* Semi-finalist Team Prizes = $1,500 (Judges have the option of awarding up to $90,000 between the Semi-finalist and Honorable Mention prizes.<ref>http://m3challenge.siam.org/participate/</ref>)
*M3 Challenge Runner Up (Magna Cum Laude Team Prize) = $15,000
* Honorable Mention Team Prizes = $1,000
*M3 Challenge Third Place (Cum Laude Team Prize) = $10,000
* Prizes of $500 each will be made to all finalist teams’ coaches, and paid at their discretion to a department, club or activity within the school district
* M<sup>3</sup>M3 Challenge Finalist (Meritorious Team Prize) = $5,000 (3 teams)
 
==Awards and recognition for the M3 Challenge==
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* [https://m3challenge.siam.org/sites/default/files/uploads/siam-guidebook-final-press.pdf Math modeling handbook]
* A "how-to" video: [https://www.youtube.com/watch?v=xgKwtwZbW20 About M3 Challenge]
* [https://www.youtube.com/watch?v=qhD-bLLLRxY Tenth Anniversary Video]
 
==References==