Mass Academy Juniors Compete in Modeling the Future Challenge
The Modeling the Future Challenge (MTFC), a program of The Actuarial Foundation, is a unique, project-based competition that encourages students to harness the power of data analytics and mathematical modeling to tackle real-world problems. Participants use cross-curricular skills and engage in collaborative efforts to make predictions about pressing topics like climate change, healthcare, technology and recommend solutions to affected stakeholders.
All Mass Academy Juniors competed in this Challenge, working in teams of five. In December, each team submitted a project proposal to MTFC on a topic of their choosing, in which they implemented the five steps in the Actuarial Process. The Challenge has been extremely competitive with a total of 267 teams entering from 35 different states. Only the teams that demonstrated exceptional potential for an actuarial research project were invited to the Project Phase of the Challenge. All 10 Mass Academy teams were declared Semi-Finalists and moved onto the Project Phase!
| Team Name – Team Members | Project Title |
|---|---|
| The Data Divas – Isha Nagireddy, Kayla Vallecillo, Abigail Figueroa, Kruthi Gundu, Charuvi Singh | Determining the Risk of ADHD Diagnoses Based on Demographic and Environmental Factors |
| Seetharaman’s Snakes – Armaan Priyadarshan, Rishab Nair, Vasudevan Lakshmanan, Erica Dong, Rishi Patel | Analyzing Racial Inequities in the Judicial System through Data Analysis and Machine Learning |
| Team Tim Team – Matthew Smith, Timothy Schowalter, Edward Goodwin, Nicholas Giza, Nicholas Eck | Modeling an Insurance Plan with Reinsurance to Mitigate the Risk Associated with Volcanic Eruption on the Island of Hawaii |
| Scheme Team – Anika Karre, Shaina Premraj, Abhikhya Sonti, Yerin Kim, Shivani Gupta | Drowsy Driving Induced Car Crashes |
| Muthu Dogs – Rohan Sarikonda, Vishal Balagani, Hari Charan Raj Koornala, Jacob Jiang, Vikhaash Chithra | Minimizing Costs of Autonomous Vehicle Crashes |
| Actuary the Best – Justin Keyo, Dylan Whiting, Jared Rosen, Adnan Dembele, Massimo Grisanti | Skyward Bound: Risk Analysis of Airline Overbooking |
| Love Actuary – Claire Newcom, Keira Reid, Sasha Nandyala, Cecilia Carbonell, Samantha Wang | The Economics of Depression |
| Risky Business – Lindsey Paradise, Derek Desrosiers, Sophia Caramanica, Heidy Rodriguez, Anthony DeRosa | Whether the Weather is Warm, Whether the Weather is Not, We’ll Whether the Weather Whether We Like it or Not |
| Significant Figures – Megan Ashun, Palak Yadav, Maya Sushkin, Hartej Anand, Gustavo Rodriguez | The Risk Factor of Parental Substance Use and Its Impacts on Children |
| Probability Pros – Shaurya Patni, Abhinav Sharma, Samhitha Bodangi, Ethan Zhou, Daniel Shi | The Environmental and Economic Impacts of the Changing Hummingbird Migrations Patterns |
During the Project Phase, teams were mentored by professionals in the Actuarial Science field. At the end of this phase, they submitted a 25-page project report. Out of the 152 Semifinalist Teams that competed in Project Phase, 15 teams were selected as Finalists. This included one of Mass Academy’s Teams! Congratulations to Risky Business – Lindsey Paradise, Derek Desrosiers, Sophia Caramanica, Heidy Rodriguez and Anthony DeRosa!
Risky Business will now advance to the final round of the Modeling the Future Challenge, where they will submit their final reports and present their project to a distinguished panel of judges to compete for $60,000 in scholarship prizes. The team is gearing up for this exciting opportunity and is eager to showcase their hard work and interesting findings.
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