MathWorks Math Modeling Challenge

MathWorks Math Modeling Challenge is a free, internet-based applied-mathematics competition run by SIAM. Teams of three to five eligible students receive a previously undisclosed real-world problem and have one continuous 14-hour period during the challenge weekend to research, build and test a mathematical model, discuss assumptions and limitations, and submit a written solution. Finalists present their work in New York City. The program has involved nearly 80,000 students over 20 years and awards more than $100,000 in scholarships each cycle.