
Vidyadhan Scholarship open for T.N., Puducherry students
:
The Mathematics Department of the Indian Institute of Technology-Madras (IIT-M) has been recognised for its work by the Casualty Actuarial Society (CAS). It received the silver-level recognition under the CAS University Recognition Programme.
The department offers undergraduate, master's and doctoral programmes in mathematics, statistics, and financial modelling, and prepares students for careers in property and casualty insurance risk management.
Neelesh S. Upadhye, professor in the department, said the recognition celebrated the department's robust stochastic processes, regression, financial mathematics and data analytics, which were at the heart of modern actuarial science.
Mr. Upadhye said, 'We look forward to deepening our collaboration through faculty development workshops, student summer programme placements and joint research initiatives.'
The award will offer benefits such as priority placement for students in CAS summer programmes; access to the society's teaching materials and case study libraries; invitation to annual general insurance teachers' conference; sponsored on-campus events and virtual presentations with the society's professionals.
The recognition is valid through the 2023-2026 cycle. CAS has over 10,000 members working in more than 40 countries, and is the global leader in credentialing and education of general insurance actuaries.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Standard
7 hours ago
- Business Standard
Persistent Systems gains on re-appointing Dr. Anand Deshpande as MD
Persistent Systems added 1.22% to Rs 5,747.85 after the company's board has approved the re-appointment of Dr. Anand Deshpande as the managing director (MD) of the company for a next term of 5 consecutive years. Dr. Anand Deshpande is the founder, chairman, and managing director of Persistent Systems since inception and is responsible for the overall leadership of the company. He is also the promoter shareholder of the company. Dr. Deshpande received his Bachelor of Technology (B. Tech.) with Honours (Hons.) in Computer Science and Engineering from the Indian Institute of Technology (IIT), Kharagpur, in 1984 and an M.S. and a Ph.D. in Computer Science from Indiana University, Bloomington, Indiana, USA in 1986 and 1989 respectively. He has been recognised by both his alma maters - as a Distinguished Alumnus by IIT Kharagpur in 2012 and with the Career Achievement Award by the School of Informatics of Indiana University in 2007. Dr. Anand is a founding trustee of the Persistent Foundation, a trustee of the VLDB Endowment, the co-chair of the Biotechnology Research Innovation Council (BRIC) set up by the Department of Biotechnology, Government of India, and the Chairman of the VJTI Board of Governors. He is also an honorary Adjunct Professor of Practice at the Desai Sethi School of Entrepreneurship at IIT Bombay. He is on the Board of the Mahratta Chamber of Commerce and Industries, Pune, a trustee on the Board of BAIF and has served industry associations as a past President of Software Exporters Association of Pune (SEAP), Pune Chapter of Computer Society of India (CSI), and CIIs Pune Zonal Council. Dr. Deshpande does not have any inter-relationship with any other director. Persistent Systems is a global services and solutions company delivering digital engineering and enterprise modernization to businesses across industries. Its net profit advanced 6.1% to Rs 395.76 crore on a 5.87% increase in revenue to Rs 3,242.11 crore in Q4 FY25 over Q3 FY25. However, on a year-on-year basis, the company's consolidated net profit gained 25.51% on a 25.15% increase in revenue in Q4 FY25 over Q4 FY24.


Time of India
a day ago
- Time of India
IIT-BHU increases 111 seats in popular depts for JEE qualified students
Varanasi: The Indian Institute of Technology-Banaras Hindu University, Varanasi, has increased 111 seats in its most popular departments for students qualifying through the Joint Entrance Examination (JEE). For the 2025-26 academic year, the institute will offer a total of 1,589 seats for the first-year students, the same as last year. However, seats were moved around to better meet the demand. Specifically, 111 seats were reduced in four departments—ceramic engineering, metallurgical engineering, mining engineering, and pharmaceutical engineering & technology—and given to nine high-demand departments like computer science and engineering, electronics engineering, mathematics and computing. Four departments remained unaffected. IIT-BHU director prof Amit Patra said, "We are constantly working to ensure that our academic offerings match the aspirations of our students and the needs of the industry. This reallocation of seats in high-demand departments will provide more opportunities for talented students to pursue their chosen fields and contribute meaningfully to technological advancement and nation-building." As per the count provided by the institute, as compared to the 2024-25 session, the number of seats in 2025-26 reduced from 14 to 41 in ceramic engineering, metallurgical, mining, and pharmaceutical engineering. The maximum reduction in the figure of seats—41—was in mining engineering. The seats increased from three to 22 in chemical engineering, civil, computer science, electrical, electronics, mechanical, architecture, biochemical, bioengineering, materials science and technology, mathematics and computing, engineering physics, and industrial chemistry. The number of total seats (1,589) is unchanged.


Hans India
a day ago
- Hans India
Lok Sabha Speaker to open IIT Jodhpur hall, release science comic series tomorrow
Lok Sabha Speaker Om Birla will visit the Indian Institute of Technology (IIT) Jodhpur on Monday to inaugurate the newly constructed Lecture Hall Complex –II and release a comic series to popularise science. This visit by the Lok Sabha Speaker is being seen as an important initiative to expand the reach of higher education, innovation, and science to the masses. On this occasion, the Lok Sabha Speaker will also release the 'Science Through Play' comic series, designed to popularise science. This series is an innovative effort to connect children and youth with scientific thinking in a simple and engaging language. Om Birla will inaugurate the institute's Lecture Hall Complex - II in the presence of Rajya Sabha member Rajendra Gehlot, social worker Nimbaram, renowned space scientist and Chairperson of IIT Jodhpur's Board of Governors A.S. Kiran Kumar, IIT Jodhpur Director Avinash K. Agarwal, and Deputy Director Bhabani K. Satpathy. A.S. Kiran Kumar will preside over the programme, said a statement. Constructed at a cost of Rs 14.80 crore, this state-of-the-art Lecture Hall Complex at IIT Jodhpur is expected to give a new direction to the Institute's academic and research activities. During his visit, Om Birla will also distribute the 'Research Initiative Grant', aimed at encouraging researchers and innovation-related projects. In addition, he will launch the Institute's new official website. The Indian Institute of Technology Jodhpur (IIT Jodhpur), located in Rajasthan, is a premier technical institute established by the Union Government in 2008. It is known for delivering high-quality engineering education, research, and innovation. IIT Jodhpur functions from its sprawling residential Permanent Campus of 852 acres on National Highway 65, north-northwest of Jodhpur towards Nagaur. This campus is meticulously planned and envisioned to stand as a symbol of academics.