Industrial and Financial Mathematics Research Group is a part of Faculty of Mathematics and Natural Sciences specializing in applied mathematics research and education, and solving industrial problems. It aims to be a center of mathematical modeling and simulation that links industry practitioners and applied mathematicians. It provides a plenty of mathematical and numerical courses focusing on finance, engineering, and life sciences that are offered to any graduate and undergraduate students of ITB. Workshops and short courses on certain topic in applied mathematics are also held every year and are open for public. The research group is actively involved in developing interdisciplinary networks between mathematician and other professionals or scientists in solving real-world problems using mathematical modeling. Several linkages have been developed for many years with its partner institutions. For instance, the group has collaborated intensively with Research Consortia OPPINET and FinanMOS. Both research consortia are housed in PPMS (Center for Mathematical Modeling and Simulation) ITB.