Actuarial Science Department Report 2024-2025
The Actuarial Science Department of Thakur College of Science and Commerce had an eventful and enriching academic year, filled with insightful seminars, interactive workshops, and engaging competitions. Our department continued its mission to promote actuarial education and provide students with opportunities to develop their analytical and problem-solving skills. Here’s a glimpse into the key events and initiatives undertaken during the year.
Actuaries Day Celebration – August 21, 2024
The department commemorated Actuaries Day with an insightful seminar held in the Seminar Hall, 5th Floor. The event aimed to celebrate the actuarial profession and educate aspiring actuaries about career prospects in the field. The seminar featured:
A historical presentation on Actuaries Day and its significance, delivered by a student.
Engaging sessions by esteemed faculty members, including Mr. Neer Patel and Mr. Vikas Singh, on the diverse roles actuaries play in industries such as insurance, finance, and risk management.
A special session by Mr. Akshesh shah on the growing importance of actuaries in banking and finance.
A felicitation ceremony for students who successfully cleared actuarial exams.
A celebratory cake-cutting ceremony, bringing the event to a memorable close.
ActEra – A Two-Day Fun-Filled Event (September 24-25, 2024)
Organized by the B.Sc. Actuarial Science students, ActEra was a dynamic two-day event designed to blend learning with entertainment. The event featured:
Day 1: A variety of recreational and team-building activities, including a Treasure Hunt, Darts and Ping Pong competitions, and the first-ever Escape Room challenge at Thakur College.
Day 2: A mix of cultural performances and professional sessions, including:
An inspirational speech by Mr. Vikas Singh.
A keynote session by Mr. Gopal Kumar, FIA, providing an in-depth overview of the actuarial profession.
A felicitation ceremony for winners of Day 1 competitions. ActEra successfully fostered camaraderie among students while enhancing their skills and understanding of actuarial science.
National Conference on Emerging Trends in Developing India: A Vision for the Future (December 14, 2024)
In collaboration with the IQAC and the Department of Sports Science, the Actuarial Science Department organized a national conference focused on emerging trends shaping India’s development. The conference featured esteemed speakers:
Chief Guest: Mr. Ashish Limaye, CEO of Craving Digital
Guest of Honour: Mr. Tushar Giri, Executive Director, Institute of Actuaries
Keynote Speaker: Dr. Raina Khatri Tandon, Founder CEO, RIGHT2RISE A total of 116 abstracts and research papers were received, making the conference a grand success.
Inter Collegiate Event – Reminiscing 1729 (January 10-11, 2025)
A two-day event designed to challenge analytical thinking and creativity, featuring:
Day 1: Sudoku, Crossword, and Talent Hunt competitions.
Day 2: A Data Analysis Workshop on R Software, conducted by Ms. Shobhana Nadar from Khalsa College, Mumbai. With 295 participants, the event successfully promoted logical thinking and data analytics skills among students.
Intra Collegiate Aptitude Test (February 12, 2025)
A department-wide aptitude test was conducted in an online mode in the 1st Floor Seminar Hall, witnessing the participation of 452 learners. The test aimed to assess students’ logical reasoning and quantitative aptitude, essential for actuarial studies.
Online Aptitude Test Week (March 3-8, 2025)
A daily online aptitude test covering various topics was conducted over six days. A total of 176 students participated, enhancing their problem-solving skills and preparing for future actuarial exams.
Data Analysis Competition (March 10, 2025)
With the theme “Problems related to poverty in India”, this competition provided students with an opportunity to apply their data analysis skills to a pressing social issue. A total of 146 students participated, showcasing their ability to derive meaningful insights from data.