Applied Mathematics – (M.Sc.)

Contents

Programme internationalization:

• Studying abroad is optional.

This programme has a workload of 120 ECTS.

Specialities:

Financial Engineering - being phased out; no more new students -:

The huge growth in the financial services industry led to an increasing demand for custom-made financial products in banks, insurance companies and other firms. The theory that is needed to model and analyze the financial risks in such products has necessitated the development of new mathematical tools. The modern financial markets, in which stocks, derivatives, insurance products and more exotic contracts are traded in ever-increasing numbers, have led to the new and exciting field of financial engineering, in which mathematical modeling plays a key role. Many new results in probability theory and statistics, in the theory of stochastic processes, and in risk theory have been developed recently with financial applications as a powerful underlying motivation. The specialization FE presents a unique combination of subjects from both the department of Applied Mathematics and the department of Finance & Accounting. Teaching and research are conducted under the auspices of the Financial Engineering Laboratory. Students in this specialization will learn to develop quantitative models to describe, analyze and reduce financial risks in a wide variety of products and markets.

Industrial Engineering and Operations Research:

This specialization is supported by the three chairs: Discrete Mathematics and Mathematical Programming, Statistics and Probability and Stochastic Operations Research, with strong international reputations in fundamental research and education in the areas of operations research and statistics and their applications in telecommunications, logistics and reliability. Research is concentrated in the Centre for Telematics and Information Technology (CTIT). The specialization IEOR provides a scientific attitude, combined with the necessary engineering skills to tackle problems in the broad area of operations research and statistics as an expert in at least one sub-area such as queuing theory, game theory, scheduling, combinatorial optimization, nonlinear programming, graph theory, process control or risk analysis.

Mathematical Physics and Computational Mechanics:

The engineering mathematician in Mathematical Physics and Computational Mechanics is involved in the development and application of mathematical tools for solving problems that arise in physical or technical systems. Related to a rather broad scope of applications, there is a need for correspondingly diverging specializations in Mathematical Physics and Computational Mechanics, which means a unique combination of both fundamental and applied aspects of mathematics. This results in advanced courses in a variety of mathematical topics, applied analysis, mathematical modeling, joint courses with other disciplines, and a final research project in an organization, Dutch research institute, or at the University of Twente. The flexible programme can be tailored to suit individual participants. All students will receive extensive coaching and tutoring. Special attention is also given to the cultural and social needs of students. Graduates in Mathematical Physics and Computational Mechanics usually find jobs in research institutes (e.g. Marin, KPN, TNO), go into industry (for example Philips, Shell, AKZO, Thales), continue their education with a PhD position or train to become teachers

Mathematics and Applications of Signals and Systems:

The engineering mathematician is involved in the development and application of mathematical tools for solving problems that arise in technological systems. Modern technologies increasingly rely on complex systems to reach their functionality. Mathematical systems and control theory is concerned with the mathematical analysis of complex systems, as well their design by addition of control components (feedback), involving system components from various disciplines including electrical and mechanical engineering, computer science and process control. This results in advanced courses in a variety of mathematical topics, mathematical modeling, joint courses with other disciplines, and a final research project in a business or Dutch research institute, or at the University of Twente.

Courses:

Final project(40 ECTS):
Course type: graduation
This course is given in year 2
This course is required to apply to.

Traineeship(20 ECTS):
Course type: internship
This course is given in year 2
This course is required to apply to.

Accreditation

Accredited by: nvao in: Netherlands

Funding details

Scholarships / Grants:

University of Twente Scholarship: