Natural disasters affect us all, whether directly or indirectly, and the need for innovative solutions to mitigate their impacts has never been more critical. Join us on October 24 from 6:00 PM to 7:30 PM Eastern for an enlightening virtual event that explores how NASA’s Advanced Air Mobility technologies are revolutionizing disaster mitigation and enhancing emergency response efforts!

The Urgent Need for Disaster Mitigation

Natural disasters are a universal challenge, and a rapidly rising one at that. Since 1900, the occurrence of natural disasters has increased tenfold, and the trend of more frequent, more intense floods, droughts, and storms. Whether your home town is in the direct path of a hurricane, you’re dealing with hazardous smoke from wildfires, you’re experiencing flight cancellations due to blizzards, or simply witnessing the economic toll of property damage and lost revenue, the impact of disasters resonates with everyone. According to the National Ocean and Atmospheric Administration (NOAA), natural disasters cost the United States a staggering $59 billion annually. It’s a challenge that demands collective action and innovative solutions.

NASA’s Crucial Role in Disaster Mitigation

While NASA is renowned for its space exploration milestone, the agency is also actively leveraging their cutting-edge technology to address the pressing issue of natural disaster mitigation right here on Earth.

NASA’s Advanced Capabilities for Emergency Response Operations (ACERO) project is at the forefront of this effort. By harnessing the power of drones and advanced aviation technologies, ACERO is improving coordination and operations in wildfire management. The project is initially targeted at developing and transitioning technologies to wildland firefighters to make their aerial and ground operations more responsive and effective to save lives, property, and reduce the impact of disasters caused from climate change.

Additionally, NASA’s Advanced Air Mobility program is dedicated to exploring novel ways to support firefighting efforts, supply essential resources to first responders during emergencies, develop innovative disaster relief strategies, and enhance overall resilience against a wide range of natural disasters. By pushing the boundaries of technology and aviation, NASA is playing a pivotal role in safeguarding communities and reducing the devastation caused by disasters.

What to Expect at the Virtual Workshop

During this virtual workshop, participants will have the unique opportunity to learn from experts deeply involved in NASA’s ACERO and Advanced Air Mobility programs.

Guest Speakers:

Dr. Marcus Johnson serves as Project Manager at the NASA Ames Research Center, where he has conducted research on uncrewed aircraft systems (UAS) since 2012. Marcus has been a thought leader for the development of the UAS Traffic Management (UTM) System and Advanced Air Mobility.

He currently serves as a project manager for the Advanced Capabilities for Emergency Response Operations (ACERO) which is focused on modernizing emergency response operations by integrating AAM technologies.

Dr. Johnson holds a B.S., M.S., and PhD in Aerospace Engineering with a focus on Nonlinear Control and Machine Learning from the University of Florida.

Devin Boyle is currently the electric Vertical Takeoff and Landing (eVTOL) Propulsion Subproject Manager in the Revolutionary Vertical Lift Technology (RVLT) Project within NASA’s Aeronautics Mission Directorate. Devin began his NASA career as a cooperative education student in 2007 at Armstrong Flight Research Center located on Edwards AFB, California. His technical background includes turbofan propulsion integration flight test and research at Armstrong Flight Research Center at Edwards AFB, California, as well as turbofan and electrified aircraft propulsion acoustics research at Glenn Research Center in Cleveland, Ohio.

Beyond his work at NASA, Devin is a Lieutenant Colonel in Civil Air Patrol (CAP), where he is currently a squadron commander, search-and-rescue/disaster relief (SAR/DR) mission pilot, and ground team leader. During his nearly 20 years in CAP, he has been involved in numerous missions searching for overdue aircraft, peri- and post-disaster response, and homeland security.

He is a Senior Member in the American Institute of Aeronautics and Astronautics (AIAA) and holds degrees in Aerospace Engineering from Missouri University of Science and Technology (BS, MS) and Georgia Institute of Technology (MS).

 

This event is an exciting opportunity to gain expert insights into the latest advancements, technologies, and strategies that NASA is employing to combat natural disasters.

What Can Students Do?

Students can get involved with NASA’s effort to combat disaster risks by completing a Modeling the Future Challenge (MTFC) project that aligns with the ACERO and Advanced Air Mobility projects. During the MTFC Project Phase, students can design their research topics to use NASA data and will have the chance to connect with NASA experts as part of their mentorship opportunities to learn more about how drones and advanced air mobility technologies can help with disaster risk mitigation. By leveraging these NASA resources and data sources, competitors can address real-world challenges related to natural disaster risks.

Don’t miss out on the chance to participate in this information-packed 90-minute session to get insider ideas from NASA experts on how your MTFC project can play a real role in helping to mitigate disaster risk! Secure your spot to learn, connect, engage in discussions, and share ideas as we delve into the world of disaster mitigation with NASA.

Register here: https://www.mtfchallenge.org/nasa-webinar/

  • The Institute of Competition Sciences and the Actuarial Foundation have had great success developing the high school Modeling the Future Challenge.
  • Our partnership is expanding with the 2023 academic year to include the middle school Hardest Math Problem Contest.
  • To learn more, visit the Hardest Math Problem website: https://www.hardestmathproblem.org/

As the Managing Partner of The Actuarial Foundation’s Modeling the Future Challenge (MTFC), we have had the privilege of witnessing thousands of high school students present incredible research projects that detail mathematically sound recommendations to mitigate risks. The participants of the MTFC have truly amazed us with their outstanding projects analyzing pressing matters such as the local impact of environmental and community issues, as well as global issues like climate change, increasing technology concerns, and even space debris.

The MTFC has become an incredible opportunity for high school students to learn how applied mathematics, actuarial science, and risk analysis can be used to help solve real-world problems. The Actuarial Foundation strives to make mathematics exciting and attainable for students at all ages. With the success of collaborating during the MTFC, together, we are strengthening the pipeline of future actuarial professionals by introducing younger students to real-world math and data science problems.

In our continued joint effort to provide more students with opportunities to explore the world of data and actuarial science, we are excited to announce that the Institute of Competition Sciences (ICS) is now serving as the Managing Partner for The Actuarial Foundation’s Hardest Math Problem to help enhance and expand its impact to middle schools across the country.

The Hardest Math Problem Contest (HMP) is an annual competition that presents US students in grades 6-8 with multi-step mathematical word problems centered around real-world scenarios. Students in 5th grade are also eligible to participate as an added challenge. These problems feature relatable characters and situations that make mathematics more relevant and personal for the students. The contest not only challenges students to find the correct solution but also encourages them to explore various approaches and document the steps they took to arrive at their answers.

Through The Hardest Math Problem, The Actuarial Foundation is providing a platform for younger learners to develop their problem-solving skills and gain exposure to the practical applications of mathematics and data science. Engaging students at this stage can spark their interest in these fields and inspire them to pursue further studies in actuarial science or related disciplines, opening up a host of high-demand career pathways. The actuarial industry alone is projected to expand an astonishing 21% over the next 10 years!

The HMP consists of a two-part challenge structure, with each challenge building on the skills developed in the previous one. Students who correctly solve Challenge 1 are invited to participate in Challenge 2, where they face more complex problems that require advanced mathematical and analytical thinking. This progression allows students to continually push their boundaries and deepen their understanding of mathematical concepts.

In addition to the unparalleled learning opportunity this competition provides, the HMP offers some amazing prizes to help students kickstart their academic careers. The grand prize for the contest is a substantial $5000 contribution towards a 529 college savings plan. Furthermore, the contest also recognizes the important role of educators in supporting their students by awarding gift cards and pizza parties to celebrate the teachers who have guided the participants on their journey.

We are thrilled to be supporting the new phase of this amazing competition. To learn more about The Hardest Math Problem Student Contest, visit the official website here: https://www.hardestmathproblem.org/ or view example projects from previous years to see how the HMP can fit into your curriculum during the 2023-24 school year: https://www.hardestmathproblem.org/example-projects/

The Educator Paid Summer Training program for Title I educators at the high school math level is a new part of The Actuarial Foundation’s Modeling the Future Challenge (MTFC).  The program includes incredible resources for teachers as well as paying them for their participation. The benefits include:

  • Support to mathematics educators in underserved (title 1) schools through two programmatic components: (1) Summer training, and (2) Fall mentorship.
  • Provides $600 training stipend for participating educators.
  • Provides mentorship from MTFC Master Trainers and volunteer actuaries to help participating educators gain the skills and knowledge needed to be successful in the Challenge and implement it in the classroom.
  • Available to mathematics educators at Title 1 schools in the United States.

Time Commitment

Only 9 hours of training total throughout the summer.

What does the full program include?

Part 1: Summer Training [June 2021 – August 2021]

A six-week training course for participating educators. Training  includes:

  • Weekly 1 hr training webinar
  • Training materials and example activities to help guide you through the MTFC Actuarial Process curriculum.
  • Instruction and guidance on implementing the Modeling the Future Challenge with students in your mathematics classroom.
  • The summer training program begins in mid-June and concludes at the beginning of August 2021. All training webinars are virtual. The summer training program is hosted by the Institute of Competition Sciences, MTFC Master Trainer educators, and volunteer actuaries.

Part 2: Fall Optional Mentorship [September 2021 – November 2021]

  • During the fall school semester, participating educators will be supported through a mentorship process over 10 weeks to guide you through the early Modeling the Future Challenge processes.
  • Mentorship provides support, activities, and tips to help engage your students in the MTFC.
  • Each week, educators will be supported with a Master Trainer check-in and be provided with recommended steps for their teams to take to get into the MTFC successfully.

How to apply

Free applications for the Title I School Support Pilot Program are open and enrollments are filled on a first-come, first-served basis for eligible educators. To be eligible for the Title I School Support Pilot Program, educators must teach at a Title 1 school, in the United States. The educator must teach a relevant junior or senior level mathematics course and must be interested and able to participate in the MTFC for the 2021-22 season. To apply, click here to complete an application form. The application deadline is June 1, 2021 at 11:59pm CT.

As a branch of knowledge statistics refers to the collection, presentation, analysis and interpretation of data. Statistics is critical to many aspects of life; however, few students truly master its skills. Being able to manipulate data and understand what it is telling you helps in drawing general conclusions about the world around you, and helps you understand what is really happening in the world. It is not only a tool for researchers, but should be a valuable skill for anyone to have in their back pocket.

The American Statistical Association (ASA) is the world’s largest community of statisticians and also provides many great resources for statistics educators at all levels. We connected with the ASA to gather a few statistical resources for students and teachers who want a little extra push at engaging with statistics. There are curriculum guides, lesson plans, classroom resources, and yes, even academic competitions! Check them out below!

 

Curriculum Guidelines

Guidelines for Assessment and Instruction in Statistics Education (GAISE) Report: A Pre-K–12 Curriculum Framework provides recommendations and a curriculum framework with examples for teaching statistics in the pre-K–12 years.


Lesson Plans

Statistics Education Web (STEW)—An ASA resource that provides peer-reviewed lesson plans for anyone who teaches statistical concepts in their classrooms.

Free ASA Publications for Teachers—Free publications that include classroom investigations. 


Classroom Resources

Statistics Teacher—An ASA online publication for statistics teachers, including lesson plans and grade-specific insights.

Census at School—An international classroom project that engages students in statistical problem solving using their own data.

What’s Going on In This Graph—A partnership between ASA and the New York Times Learning Network that explores graphs, maps and charts from the week’s news, and invites students to discuss them live.

 

Videos

This is Statistics provides videos and resources for educators to promote the study of statistics.

 

Student Competitions Online

Data Visualization Poster Competition (Grades K–12)—A competition for data visualization posters, in which students create a display containing two or more related graphics that summarize a set of data, look at the data from different points of view, and answer specific questions about the data.

Statistics Project Competition (Grades 7–9)—A competition for statistics projects, in which students answer a research question using statistical techniques and present the work in a written report.

This is Statistics Fall Data Challenge  (high school and college) —A national contest for high school and undergraduate students to apply their statistical and data visualization skills to examine a relevant and timely topic and demonstrate the real-world impact of data.

Virtual Science Fair (Grades K–12)—An opportunity for students working independently or as a member of a team, to spend the month investigating an interesting topic, and submit a short video highlighting their process and results.

Statistics for Science Fair Projects (Grades K–12)—A This is Statistics resource to help students apply statistics to their science fair projects.

Modeling the Future Challenge (Grades 11-12) – don’t miss this premier competition from the Actuarial Foundation in which students analyze real-world data, review risks, and make recommendations on how to improve the future.

 

Don’t miss these opportunities to learn more about how you can pump up your students’ statistics knowledge, and compete for these prestigious academic challenges!

Students need to learn so many skills before they enter the adult world and start making decisions on their own. While schools are working hard to prepare children for the future, some lessons cannot be taught in the classroom. 

With this gap, it is no surprise many young people spend their first few years away from home struggling to figure out how to succeed on their own. As parents, educators, and business leaders have come together, they have realized that academic competitions are one of the best ways to teach these missing skills. 

When students participate in an academic competition, they learn the real-world skills not taught in school while also putting into practice the concepts they have already touched on. 

One of the abilities the next generation will need to succeed in today’s digital world is data management. Academic competitions like The Modeling the Future Challenge are swooping in to teach students this marketable tool in a fun and concrete way. 

 

So, why is data management so important?

 

Data management helps us make big decisions. 

Both personally and professionally, all decisions we make are based on some form of data. Think about it. When you get dressed in the morning, you may look at the expected high and low temperatures, if there is rain, snow, or sun outside, and what season it is, to decide what to wear. 

While this is a simple example, each of these is a piece of data you thought about to make an educated decision. The process is no different for big decisions like making an investment, taking a job, or how many college classes to take at a time. 

Teaching students how to organize and manage the data they encounter daily will help them make their own big decisions in the future.

 

Data management helps us see the big picture. 

When small things happen over a large period-of-time, it is easy to miss their impact. However, when we take a step back and look at the entirety of any situation, it’s easy to see the effects of small repetitive actions; a great example of this rainfall in a given region. It may seem only to rain a few inches at a time, but when you look at the totals for the entire year, you can spot a surplus or deficits and make changes accordingly. These big picture realizations are the driving force behind the daily realities of our lives. 

  

Data management is one of the best tools a business can leverage for growth.

Whether a company is large or small, they are continuously collecting data from various points; what customers buy and don’t buy, what time of year materials are available or out of stock, even what time of day they need more staff in the building. 

These may seem like obvious decisions, but every one of them is based on the data someone collected and organized to guide best practice. Having good data management skills will make students an asset to whatever company or industry they decide to pursue.

 

Where can students learn data management skills?

Unfortunately, the formal education system doesn’t do much for teaching data science and data management. We need to look beyond the formal classroom to help with this critical real-world skill. One of the best academic competitions for teaching students data management is the Modeling the Future Challenge. In this competition, students get the opportunity to solve real-world problems by collecting and analyzing data. 

Participants in the Modeling the Future Challenge won’t stop there, though. They will then use what they have learned to develop a solution that can be implemented to make the world we live in a better place. That means they will need to organize and present their data so that others can understand their concept and the outcome. 

This part is crucial because students will be presenting their ideas to leading business professionals in the industries they may themselves work one day. 

The Modeling the Future Challenge is the perfect balance of pushing students to learn new skills and motivate them to work hard to achieve their goals. 

Registration is already open for the Modeling the Future Challenge, so don’t wait and register today! 

If your ready to have fun and learn new skills along the way, head to our competitions page to see what academic competitions are coming up. Set up your account to follow competitions that excite you and stay up-to-date on all the news with academic competitions.

See more than one academic competition you would like to participate in? Upgrade to a premium account so you can track your progress in competitions, get insider information on academic competitions, access the ICS competitions concierge, and gain exclusive discounts on ICS-managed programs.”

The world of academic competitions is continually evolving. Every year brings new programs to light, and some others shut their doors. There are new deadlines, new rules, and new requirements to keep track of. With thousands of competitions available to students it can be a daunting task to keep up with the dynamic world of academic competitions, even for us. We’re continually searching for new competitions, challenges, prizes, and contests for students at all ages, and keeping in touch with programs to get the latest information on their rules and regulations.

This means we’re also regularly updating the database of information to share with you! To help keep you aware of all of these exciting new opportunities, we’re starting to provide regular updates on the new information we gather in the database. To kick things off, here are five academic challenges with updated information in the ICS database and a few new ones we’ve recently been made aware of that are sure to get you excited!

 

  • C-Span Student Cam – this long-standing challenge mixing video and government as recently updated their information for the 2020-21 challenge providing new deadlines to register and submit your videos.

 

  • Conrad Challenge – this entrepreneurial experience for high school students has recently posted new deadlines and information on the 2020-21 challenge.

 

  • Future Problem Solving Program – this leading program in critical thinking and creativity has provided updated details, a new video, and photos of past competitions in their database listing.

 

  • MakeX – this creative design competition is a recent addition to the ICS database. Check out the new program here!

 

  • Modeling the Future Challenge – this math modeling, data-science, and risk analysis competition has added a new introductory video and photos from past competitions to their database listing.

 

  • STEM-X Launch Prize – ever wanted to launch an experiment to space!?!? This new program in the ICS database could be your opportunity!

 

 

  • World Robotics League – love robotics? Here’s a new league that was recently added to the ICS database!

 

If you want to stay up on all the most recent events and updates in the world of academic competitions, consider upgrading your account to a premium user account. You’ll have access to discounted registration on ICS managed program, premium database features, and much more!

If 2020 has taught us anything, it is the importance of making big decisions. From COVID-19 to an economic crisis to wildfires raging across much of the western US, big things are happening all around us. This isn’t unique to 2020, though it does seem like there are more big things happening at once this year than there have been in the past. To many students, it may seem like these major life events are out of their control; however, being able to navigate tricky situations and make an educated decision on the best course of action is a life skill that will benefit them greatly as they grow into their future careers. 

 

We can’t go back on 2020 and do it over, but we can use these big, risky circumstances as teachable moments with students and empower them to become better decision makers throughout their lives.

 

One great way to teach risk analysis and the art of making big decisions is the Modeling the Future Challenge. Participants in this challenge work together to come up with their own recommendations on how to solve real-world problems. This has many lasting benefits for the students who decide to take on the challenge. These benefits will help them navigate situations now and into adulthood.  Here are a few ways you can use the Modeling the Future Challenge to bring these skills forward for your students!

 

Show students they can make an impact. 

 

When big problems plague our lives, it is easy for us to feel like there is nothing we can do about it. Allowing students to tackle big problems in a safe environment like the Modeling the Future Challenge, shows them firsthand that with the right tools, some imagination, and teamwork, even kids can solve big problems. 

 

This is the perspective and motivation behind many of humankind’s most outstanding achievements. It is also a skill hard to teach in the classroom. That is why academic competitions are such a valuable addition to a student’s education. They are the perfect setting to push kids to think past their limits and get creative. The 2020-21 Modeling the Future Challenge has an open theme which allows students to identify their own challenge topic for their research project. This freedom of choice is a big driver in helping students take ownership of their project and work towards recommending ways to approach the risks associated with the topic they have selected.

 

Teach students how to analyze risks.

 

Every decision we make involves some amount of risk. While some risks are bigger than others, having the skills to determine the level of risk in any situation and determine the possible outcomes is a life skill that students will utilize throughout life. Perhaps a student wants to go to a friend’s birthday party. In today’s world with COVID-19 still a concern, this simple question poses a potential risk. How can someone, especially, a student understand how to analyze that risk? There is always an inherent risk when making any decision, but now there is even more to analyze and think about than ever.

The Modeling the Future Challenge gets down and dirty with data. It pushes students to think about analyzing any situation with a real-world mathematical mindset. Students taking on the Modeling the Future Challenge get enveloped into a world of data science and mathematical modeling that give them tools they can take forward into any situation throughout their life.

Students who participate in The Modeling the Future Challenge will learn the Actuarial Method (much like the scientific process) to weigh risks, big and small. Because this method is learned through hands-on, real-world action, students will internalize the skills they learn and easily use them again and again. 

 

Inspire students to make big decisions.

 

Navigating risk is a part of our daily lives, but so is decision making. Many times, students make it all the way through school without having to make any big decisions on their own. Then they find themselves away at college where their decisions have real-life ramifications, with no idea how to make the best choice. 

 

Participating in the Modeling the Future Challenge gives students the perfect environment to think for themselves, collaborate with peers, and feel the outcome of their decisions. In addition, allowing students to own their choices and the results is one of the best real-world learning opportunities a student can have. The Modeling the Future Challenge has created the perfect environment for ambitious students to do just that. 

Making big decisions is also about confidence. Do you have the confidence in yourself to present to your boss, your teacher, or a whole organization information where there is no single, exactly right answer? That’s what it takes to be in many leadership roles today. Leaders at all levels must be able to confidently present information with their own analysis and make recommendations on how to move forward to tackle a large-scale challenge. This may be the most important skill the Modeling the Future Challenge can help students learn. This confidence doesn’t come from nowhere. It is nurtured by long, hard practice, and the MTFC is a great place to help students start!

The Modeling the Future Challenge is open for registration through November 16th. Don’t miss the opportunity to get engaged in this year’s number one real-world data-science and math-modeling competition!

Learn more about the Modeling the Future Challenge today!

 


 

No matter what competition you choose, giving students the opportunity to participate in academic challenges is a great way to enhance their education and teach them the skills they need to navigate whatever comes their way. Interested in the Modeling the Future Challenge and other academic competitions?

Head to our competitions page to see what academic competitions are coming up. You can also set up your account to follow competitions that excite you and stay up to date on all the news with academic competitions.

Upgrade to a premium account so you can track your progress in competitions, get insider information on academic competitions, access the ICS competitions concierge, and gain exclusive discounts on ICS-managed programs.

Have you ever been in a situation where you were unsure of the possible outcomes and still had to make an important decision?

Ever wondered whether to take your phone on an adventure trip or vacation, afraid that you might lose it? Ever questioned how risky it is to fly? Or how worried you should be about sharks when you’re swimming at the beach?

Successfully navigating the path of life requires managing risks of all shapes and sizes. As scary as taking risks may be, they are a crucial part of success. In every career, you will be challenged to make decisions that have some level of risk. Understanding and analyzing those risks can be the key to your success.

Enter the Actuarial Process. Developed by leading actuaries across multiple industries, the Actuarial Process is a tool that leverages your mathematical and scientific knowledge to identify, characterize, and manage risk in any aspect of your life.

Similar to the scientific method, the Actuarial Process provides a framework upon which you can step through how to analyze any risky situation. It is a practical tool to have when it comes time to make the decision of how to manage those risks. If students understand the Actuarial Process, they can leverage what they already know about mathematics and the scientific method, and apply it to data analysis and risk management throughout their lives.

 

How is the Actuarial Process Similar to The Scientific Method?

If you already understand basic scientific and mathematical concepts in statistics and probability, you will find the Actuarial Process easy to master. Its structure is similar to The Scientific Method, providing an organized flow of how to conduct an analytical project that can be used to make mathematically-sound, real-world recommendations on how to manage risks. The graphic below helps demonstrate the similarities between the two processes.

The scientific method includes:

  1. Observing a problem and asking questions about it.
  2. Creating a hypothesis or prediction of what the outcome will be of your experiment.
  3. Experimenting to test your hypothesis.
  4. Using the data from your experiment to come to a conclusion.

The steps of the Actuarial Process extend the scientific method into the world of data analysis and risk management, relying more upon statistics and probability than the scientific method highlights; however, the fundamental structures behind both processes are very similar.

The five steps to the Actuarial Process include:

  1. Defining the project by identifying an area of potential risk.
  2. Analyzing the data you already have.
  3. Creating a model to better understand the problem and collect more data.
  4. Analyzing the risks using the results from the model.
  5. Making an educated recommendation based on the data

In both cases, students are asking probing questions to guide their actions. They are also testing what they think and trying to prove their point. Finally, in each case, students are making a conclusion based on data. But, the best part of the Actuarial Process that sets it apart is that students get the opportunity to solve real-world problems using hands-on modeling, data science, and risk analysis to help them make real-world, mathematically informed decisions.

 

Why is the Actuarial Process so important?

The Actuarial Process is a crucial tool student can use to thrive in the real world.

In school and at home, students often have their entire path mapped out for them. They don’t usually have to stop and think about their next move, let alone analyze the risk involved.

When students learn the Actuarial Process, they learn to make big, risky decisions in the smartest way possible. They learn the three major methods to mitigate and manage risks. And they learn how to think critically about any situation, using mathematics to analyze the best solutions. By learning the Actuarial Process, students are setting themselves up for success in college, their career, and life.

It is essential to understand; successful people don’t get that way by avoiding all risks. They become successful by carefully analyzing the risks in front of them and making an educated decision on what to do next.

 

Where can you use The Actuarial Process? 

Risk shows up in all areas of our lives at different and unexpected times. Those that know how to handle these situations when they arise and make educated decisions will thrive and grow into the impactful humans they are destined to be.

While the Actuarial Process can be used in any area of life, one of the best ways to master it is to participate in the Modeling the Future Challenge.

 


Modeling the Future Challenge

The Modeling the Future Challenge combines real-world math modeling and data science to teach high school students how to manage risks and make mathematically sound decisions. Learn more about the Challenge and the Actuarial Process by downloading the Actuarial Process Guide!


 

Participants in the Modeling the Future Challenge get the opportunity to solve real problems in the world today. They solve these problems using the science and math skills they already have along with the new skills they learn through the Actuarial Process to find real data and drive their recommendations.

The Modeling the Future Challenge winners walk away with scholarships worth $55,000, but everyone walks away learning patience, determination, and grit. Best of all, students learn the skills to use the Actuarial Process in real-life scenarios to help drive smart decisions throughout their lives.

Additionally, the Modeling the Future Challenge gives students the job skills and experience of working with a team to solve a problem. They will also be presenting their polished ideas to a panel of professionals in their field. This life experience will help them grow academically and professionally. The 2020-21 Modeling the Future Challenge opens registration for teams of high school students on September 14th. You can check out registration information for The Modeling the Future Challenge here.

The Actuarial Process is a life skill that you will fall back on time and time again. Don’t miss the opportunity to learn this incredible tool that will be useful throughout your life.