Industry-directed training and research programmes: The BMI experience

Authors

  • Pieter J. de Jongh Centre for Business Mathematics and Informatics, North-West University, Potchefstroom, South Africa
  • Cornelius M. Erasmus 1. Head of University Governance and Research in the Public Sector, Absa, Johannesburg, South Africa 2. Extraordinary Professor, Centre for Business Mathematics and Informatics, North-West University, Potchefstroom, South Africa

DOI:

https://doi.org/10.1590/sajs.2014/20130392

Keywords:

mathematical and statistical science, quantitative risk management, business mathematics and informatics, design and implementation

Abstract

Universities are academic institutions with the primary objectives of teaching students a particular academic discipline and for conducting research related to that discipline. Traditionally, very little collaboration existed between universities and industry with respect to training and research in the mathematical sciences. Because of funding pressure, more and more universities are forced to find external sources of income. In this paper, we discuss a framework for designing and implementing career-oriented training programmes and industry-directed research programmes with a statistical science core. This framework was used as the basis for designing and implementing a highly successful training and research programme at North-West University’s Centre for Business Mathematics and Informatics® (Centre for BMI), with the active support of industry partners Absa and SAS Institute. We believe that the lessons learnt from its implementation could form valuable guidelines for other, similar initiatives.

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Published

2014-11-26

How to Cite

1.
de Jongh PJ, Erasmus CM. Industry-directed training and research programmes: The BMI experience. S. Afr. J. Sci. [Internet]. 2014 Nov. 26 [cited 2021 Sep. 21];110(11/12):8. Available from: https://sajs.co.za/article/view/4036