Vidyadhan Scholarship open for T.N., Puducherry students
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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.
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