Institute for Pure and Applied Mathematics (IPAM).
The Research in Industrial Projects (RIPS) Program provides an opportunity for high-achieving undergraduate students to work in teams on a real-world research project proposed by a sponsor from industry or a national lab. RIPS recruits its students from all over the world. Each RIPS team is comprised of four students, a faculty mentor, and an industrial sponsor. The research problem is developed by the industrial sponsor in consultation with IPAM; it is always a real problem of serious interest to the sponsor and that offers a stimulating challenge to students. The students, with direction from their faculty mentor and industrial sponsor, spend nine weeks learning about the problem, mastering the latest analytical approaches and techniques to solve it, and developing report-writing and public-speaking skills to be able to make professional presentations about the progress and results of their work to a scientific audience. Industry mentors provide regular contact between the team and the sponsor, monitoring and helping to guide student work. Ultimately, RIPS provides valuable real-world technical and managerial experience for students as well as valuable R&D for sponsors.