The Modeling the Future Challenge is a real-world competition for high school students combining math-modeling, data-analysis, and risk-management into one exciting challenge! To compete, students conduct their own research project modeling real-world data to analyze risks and make recommendations to companies, industry groups, governments, or organizations.
Scholarship Details
- Teams of one to five high school students work together on actuarial research projects, making recommendations based on mathematical models, real-world data analysis, and risk management.
- The top research teams have the opportunity to win a share of the $60,000 scholarship award presented at the national MTFC Symposium.
Eligibility Criteria
- This competition is open to high school students in their junior or senior year, whether they are part of formal, informal, or homeschool groups.
- Participants are tasked with conducting an actuarial research project and providing recommendations to relevant entities based on their mathematical models and data analysis.
- Teams that pass Phase One receive guidance from actuarial mentors to refine their project proposals.
Application Process
- Assemble a team of one to five high school students who are passionate about math modeling and data analysis.
- Conduct an actuarial research project and develop recommendations for companies, organizations, or government agencies.
- Teams that advance beyond Phase One receive mentorship from experienced actuaries to further enhance their project proposals.
- The top research teams are invited to the national MTFC Symposium to present their work and compete for scholarship awards.
This challenge tasks students to use critical thinking, mathematical reasoning, and analytical skills to help guide future decisions based on your own risk analysis! You’ll also have a shot at your part of the $60,000 award purse!
