Applied Mathematics

Faculty: Stephen Muir, Ph.D. 

When one examines the job areas in which the largest amount of growth is expected over the next decade, the area of applied mathematics is quite notable.   The ability to employ sophisticated mathematical tools and reasoning has become increasingly important in a number of seemingly different areas: prediction and rational decision making in finance, insurance, business, economic, and military strategy; sports analytics; bio- and social science research; weather and climate modeling; 3D computer graphics and animation; artificial intelligence for  myriad applications ranging from manipulation of social media users, to smarter video games, to self-driving cars.  Consequently, an increasing number of professions need to employ the skills of individuals with a strong background in core tools of applied mathematics.  The applied mathematics major at the University of Providence is designed to guide motivated students step-by-step through the process of building a deep and broad foundation of core knowledge and skills in mathematics, statistics, and computer science to enable the student to create, implement, evaluate, and communicate complex mathematical models in a wide range of scholarly and industrial applications.  

The Applied Math Major can serve as preparation for graduate study in mathematics, statistics, data science / analytics, operations research, or actuarial science, to name a few.  It could also serve as a basis from which to seek 3+2 partnerships for a BS in engineering program.

The Applied Mathematics - Quantitative Business Concentration can serve as preparation for quantitatively rigorous MBA or Business PHD programs, or business analytics programs.  It also includes the two courses focused towards actuarial exam preparation, and therefore it could also be a pathway to an actuarial or related career. 

All courses will be available both in-person at the Great Falls campus and online through Moodle Collaborate, with the exception of laboratory science course electives.

Applied Mathematics Major - Common Learning Outcomes

In summary, the ability to create, implement, evaluate and present complex mathematical models, itemized as follows:

  • A1. Proficiency with conceptual, analytical, and computational methods in calculus and calculus-based modeling.
  • A2. General capability with programming syntax and structures that are relevant in computational mathematics, operations research, and data science.
  • A3. Build a thorough foundation in probability theory.
  • A4. With a deep understanding of the connection between algebraic and graphical representations, be able to curate and prepare visual representations of both theoretical objects/relationships and empirical data for the purposes of intuition building, visual analysis, and communication of results.
  • A5. Gain extensive practice applying, combining, and innovating with problem solving strategies for both pure and applied problems, including problems for which specifically similar examples have not been provided.

Applied Mathematics Concentration - Specific Learning Outcomes

  • A6. Develop and refine confident fluency in matrix algebra with theoretical rigor and familiarity with applications to scientific and economic modeling, statistical and data analysis applications, and vectorized coding.
  • A7. Broad introduction to the use of ordinary differential equations in scientific, economic, and financial modeling, with mastery of foundational analytical and computational solution methods.
  • A8. Build a toolbox of relevant statistical inference methods that is well-integrated into the foundation of probability theory.
  • A9. With capstone coursework or undergraduate research, focus foundational studies around a concrete area of career or academic aspiration in contemporary applied mathematics.

Quantitative Business Concentration - Specific Learning Outcomes

In summary, the ability to implement and evaluate complex mathematical models that are particular to business, economics, and finance:

  • QB1. Build and practice with a mathematical toolbox for strategic/rational decision making problems, using selected tools of probability and statistics, game theory, financial analysis, and machine learning.
  • QB2. Gain conceptual, conversational, and moderate computational proficiency in micro- and macro- economic problems and models.
  • QB3. Develop rigorous expertise with the mathematical theory of interest and its common financial applications.
  • QB4.  Familiarity with essential topics, principles, and methods in management, legal, accounting, and advertising for general business administration.

Minor Learning Outcomes:

  • Analysis Concentration: A1, A5, and A7
  • Statistics Concentration: A1, A3, and A8
  • Math for Business and Finance Concentration: A1, QB1, QB3

Degree Requirements

Applied Mathematics (B.A.)

CPS 161ELEMENTARY PROGRAMMING3
CPS 165ADVANCED PROGRAMMING3
CPS 301PHYS DES & IMPLM DATA MGMT SYS3
CPS 403PRINCIPLES OF MACHINE LEARNING3
MTH 177DISCRETE MATHEMATICS3
MTH 241CALCULUS I4
MTH 242CALCULUS II4
MTH 243CALCULUS III4
MTH 311MATHEMATICAL STATISTICS I - PROBABILITY THEORY3
Specialized Concentration24-30
Total Credits Required:54-60

Specialized Concentrations

Applied Mathematics Concentration

Upper Division Applied Math Core
MTH 300LINEAR ALGEBRA3
MTH 252STAT METHODS FOR THE SCIENCES3
or MTH 312 MATHEMATICAL STATISTICS II - STATISTICAL INFERENCE
MTH 351DIFFERENTIAL EQUATIONS3
MTH 400LINEAR ALGEBRA II3
MTH 421MATHEMATICAL & NUMERICAL ANAYSIS3
Electives9
Choose from the following:
STAT METHODS FOR THE SCIENCES
MATHEMATICAL STATISTICS II - STATISTICAL INFERENCE *
FINANCIAL MATHEMATICS *
SPECIAL TOPICS - MATH
REAL ANALYSIS I *
REAL ANALYSIS II *
MODERN ALGEBRA *
GAME THEORY
SENIOR THESIS
CELL AND MOLECULAR BIOLOGY
GENETICS
Total Credits Required:24

Quantitative Business Concentration

ACC 201PRIN OF FINANCIAL ACCOUNTING3
ECN 201MACROECONOMICS3
ECN 202MICROECONOMICS3
BUS 220COMMERCIAL LAW I3
BUS 240LEADERSHIP & MANAGEMENT3
BUS 241BUSINESS RESEARCH METHODS3
BUS 260MARKETING3
MTH 365FINANCIAL MATHEMATICS3
BUS 400FINANCIAL ANALYSIS3
MTH 406GAME THEORY3
Total Credits Required:30

Math for Business and Finance Minor 

There is enough diversity in coursework within the two major concentrations to offer 3 targeted minor concentrations.

MTH 106CONTEMPORARY MATHEMATICS3
MTH 108ELEMENTARY STATISTICS3
MTH 241CALCULUS I4
MTH 242CALCULUS II4
MTH 365FINANCIAL MATHEMATICS *3
Total Credits Required:17

Statistics Minor

Theoretical foundations and applied methods.  Intended to make more competitive and well-rounded students going into graduate study and research-oriented careers in natural and social sciences.

MTH 177DISCRETE MATHEMATICS3
MTH 241CALCULUS I4
MTH 242CALCULUS II4
MTH 252STAT METHODS FOR THE SCIENCES3
MTH 311MATHEMATICAL STATISTICS I - PROBABILITY THEORY3
Total Credits Required:17

Mathematical Analysis Minor

MTH 241CALCULUS I4
MTH 242CALCULUS II4
MTH 243CALCULUS III4
MTH 351DIFFERENTIAL EQUATIONS3
Electives:6
Choose from the following:
DISCRETE MATHEMATICS
STAT METHODS FOR THE SCIENCES
LINEAR ALGEBRA
MATHEMATICAL STATISTICS I - PROBABILITY THEORY
MATHEMATICAL STATISTICS II - STATISTICAL INFERENCE *
FINANCIAL MATHEMATICS *
SPECIAL TOPICS - MATH
LINEAR ALGEBRA II
REAL ANALYSIS I *
REAL ANALYSIS II *
MODERN ALGEBRA *
GAME THEORY
MATHEMATICAL & NUMERICAL ANAYSIS
SENIOR THESIS
Total Credits Required:21
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