Sat May 24 16:47:17 UTC 2025: **News Article:**
**IIT-Madras Mathematics Department Earns Silver Recognition from Casualty Actuarial Society**
**Chennai, May 24, 2025** – The Mathematics Department of the Indian Institute of Technology-Madras (IIT-M) has been awarded silver-level recognition by the Casualty Actuarial Society (CAS) under its University Recognition Programme. This prestigious award acknowledges the department’s excellence in preparing students for careers in property and casualty insurance risk management.
The IIT-M Mathematics Department offers a comprehensive curriculum including undergraduate, master’s, and doctoral programs in mathematics, statistics, and financial modeling. Professor Neelesh S. Upadhye highlighted that the recognition celebrates the department’s strong foundation in areas crucial to modern actuarial science, such as stochastic processes, regression, financial mathematics, and data analytics.
“We look forward to deepening our collaboration through faculty development workshops, student summer programme placements and joint research initiatives,” said Professor Upadhye.
The award, valid through the 2023-2026 cycle, will provide IIT-M students with several benefits, including priority placement in CAS summer programs, access to the society’s teaching resources, invitations to industry conferences, and opportunities to engage with CAS professionals through on-campus events and virtual presentations.
The CAS, a global leader in credentialing and education for general insurance actuaries, boasts over 10,000 members working in more than 40 countries. This recognition positions IIT-M as a leading institution in actuarial science education in India.
First Piper 