ECMI Special Interest Group: Advancing the design of medical stents

Arterial stents have revolutionised the treatment of coronary heart disease (CHD). Acting as a supporting scaffold, these small mesh devices are now routinely inserted into arteries where the blood flow has become dangerously restricted. Over the past decade, arterial stents have evolved from bare metal scaffolds to polymer coated drug-delivery […]

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High order ADI schemes for option pricing problems

In financial engineering the pricing of options and derivatives is a major field of interest. The behavior of assets is in general described via stochastic differential equations (SDEs). With the help of the Ito formula options prices can be shown to be solutions of parabolic partial differential equations (PDEs). Especially if option prices are […]

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Model Order Reduction in Option Pricing

My name is José Pedro Silva and I am a PhD-Student at the Applied Mathematics and Numerical Analysis Group at the University of Wuppertal together with an Early-Stage Researcher position in the ITN-Strike project. My PhD topic orbits around the use of Model Order Reduction in financial markets, with focus […]

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TyreOpt: Optimizing truck tyres

My name is Zuzana Nedělková and I am a PhD student in the optimization group at the Department of Mathematical Sciences, Chalmers University of Technology and University of Gothenburg.  My research project TyreOpt – Fuel consumption reduction by tyre drag optimization financed by the Swedish Energy Agency is done in cooperation with […]

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Online education for mathematical modelling in Finland

Seven Finnish universities have joined their efforts to teach mathematical modelling in Finland with the help of the World Wide Web. By bundling the resources and expertise, they managed to offer modelling courses that would otherwise be beyond the capabilities of the individual universities. The collaboration started 2002 as a […]

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Doctorate in Industrially Focused Mathematical Modelling – InFoMM CDT

The EPSRC Centre for Doctoral Training (CDT) in Industrially Focused Mathematical Modelling (InFoMM), is based at the Mathematical Institute at the University of Oxford. This unique 4 year programme facilitates the training of doctoral students in real world mathematical problems. Roxana Feier writes about her experiences so far: “I am a […]

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