Thanks so far the answers. I do not totally disagree with the presented arguments but I still have the opinion that this important field in mathematics, which has so much great potential in application, is educated in a wrong way at Universities.
I am a mathematician who learned the differential equations in the classical way, after two weeks of the first course I knew how to proof Picard-Lindelöf and so on... bla bla.. the typical theoretical stuff. Also we had 2-3 examples like Lotka-Volterra … .After that I learned things about Ljapunov Stability and finally I had courses about numerical methods for different types of DEs.
However, the first time I was introduced to really apply DEs e.g. for modeling and simulation was during my PhD in math. Here we started to build our own systems based on physical laws or biological imaginations. This was the first time were I saw would you could actually do with these things.
What I want to say is that the modeling/simulation approach, at least in my education, was completely ignored. This is actually a shame because this is what the industry wants. Professors always wonder why so many talented mathematicians end up in consulting companies together with lawyers etc. . The answer is so obvious because their education is wrong. Nearly most of the jobs where knowledge about DEs is necessary are occupied by physicians, engineers, …
I remember a talk some years ago from a director from a Fraunhofer Institut presenting to Professors from Mathematics departments. One sentence was something like “Stop educated your students as they will become all professors.” And there is so much truth in this! From my point of view the study of mathematics is in most universities (not in all, there are several departments with great new concepts) to classical and therefore, to antiquated.