The discipline that is involved in developing and applying mathematically rigorous methods, computational algorithms and modeling insights to address real world problems is known as applied mathematics. It combines mathematical science and specialized knowledge for solving issues in fields like engineering, medicine and science. It is used in a wide range of situations such as predicting the behavior of financial markets, analyzing the flow of fluids around solids and constructing methods for multi criteria decision making. Some of the mathematical sciences which are closely associated with applied mathematics are scientific computing, statistics and actuarial science. This book elucidates new techniques and their applications in a multidisciplinary manner. While understanding the long-term perspectives of the subject, the book makes an effort in highlighting their impact as a modern tool for the growth of the discipline. This book, with its detailed analyses and data, will prove immensely beneficial to professionals and students involved in this area at various levels.