ABOUT US
Founded in 2018, IAQS is a premier educational institute helping students to pursue Actuarial Science and Quantitative Finance studies in India through a formal education system. The Bachelor’s and Master’s degree will be conferred by the University of Mumbai. Our campus is located at All India Institute of Local Self Government (AIILSG), Andheri West, Mumbai.
This curated degree is a unique blend of Actuarial Science and Mathematical Finance keeping in mind their growing interdependencies. Recent years have seen a huge upsurge in the need of statistical knowledge in the financial arena and at the same time growing actuarial opportunities in the quantitative finance domain.
With industry experience and a flair for training aspirants, we offer students a platform to pursue various professional degrees through the formal education route.
"With the changing job dynamics and opportunities, it is vital for students to support their careers with a rigorous graduate degree."
~ Akash Rughani, Program Director at IAQS
Mission & Vision Statement
At IAQS, our mission is to provide students with a world-class education in Actuarial Science and Quantitative Finance. Through innovative teaching methods, hands-on internships, and strong industry partnerships, we aim to prepare students for successful careers in the ever-evolving fields of risk management and finance. By combining theoretical knowledge with practical skills, we are committed to shaping well-rounded professionals who can excel in the global job market and contribute meaningfully to the industry.
Our vision is to be the premier institution in actuarial and quantitative education, nurturing a community of skilled, ethical, and forward-thinking professionals. We aim to empower students with the tools, knowledge, and experience to drive innovation and solve complex challenges in risk management and finance. IAQS is dedicated to continuously enhancing its curriculum and expanding its industry connections, shaping the future of the actuarial profession worldwide.
IAQS Philosophy
Academic Excellence
IAQS offers internationally accredited programs, providing students with globally recognized qualifications.
Applied Experience
The institute ensures industry readiness through practical exposure, including internships, placements, and software training.
All-Round Development
IAQS fosters critical skills such as ethics, communication, and problem-solving alongside technical expertise.
Aligned Industry Connections
Collaborations with corporates facilitate pre-placement talks, training, and direct industry engagement.
Aspirational Global Reach
The institute prepares students for international careers in finance, insurance, and risk management
Innovative
Up-to-date and relevant curriculum, one that is abreast with the latest developments in the BFSI Industry
Interesting
To hold the student’s curiosity and interest levels, our educational approach is pragmatic with an interesting mix of theoretical and practical concepts
Industry
High degree of emphasis on building strong industry connections. Practical training, internships and workshops to help in collaborating with the corporate world.
Individualised
Meticulous and personalized learning with continuous feedback, to make the knowledge dissemination process more robust.
From The Program Director’s Desk
Over the past decade, as I’ve guided students through Actuarial and Data Science courses, two major challenges in education have stood out to me.
The first is the struggle faced by students pursuing professional qualifications. Juggling dual streams—one for their degree and another for certifications—often leaves them missing out on the collaborative and interpersonal learning that comes from a traditional classroom environment. Most professional courses, delivered through distance learning, lack this crucial aspect of personal connection.
The second is the limited availability of quality programs at the Bachelor’s and Master’s levels. Many of the courses out there don’t quite prepare students for the real-world demands of Actuarial Science and related fields. This gap made me ask myself: How can we do better?
That question led to the creation of the Institute of Actuarial and Quantitative Studies (IAQS). At IAQS, we’ve built something truly unique—a learning space where technical expertise meets real-world relevance. Our programs aren’t just about academic success; they’re about shaping well-rounded individuals ready to thrive in the professional world.
Here, students don’t just learn; they grow. They gain the skills, confidence, and adaptability to lead in a world that’s constantly changing. IAQS is more than an institute—it’s a bridge between education and industry, between potential and achievement.
If you’re ready to embark on a journey that prepares you for more than just a career, welcome to IAQS.
ADVISORY BOARD
Thomas Mathew
Board of Director (ESL, L&T group of companies, LIC of India, Canara HSBC, OBC LIC Ltd.)
Nilesh Shah
Managing Director, Kotak AMC Ltd.
JV Prasad
Ex Director (Willis Towers Watson), Ex Appointed Actuary (ICICI Lombard GIC Ltd)
Sauvik Banerjjee
Digital Technology leader – Tata Group
Pratibha Jain
Founder & Managing Director, Eduabroad Consultant.
Rajesh Khairajani
Partner – KNAV International, Partner – India Global Advisory.
D Sivanandhan
Board of Director on Various Companies, IPS Officer (Retd.), Ex Commissioner of Police.
Tanveer Quraishi
Senior VP & Head of Advisory, Marsh McLennan Global Services India Pvt Ltd (MMGS).
Path-Breakers, Explorers and Passionate Minds, We Are Looking for You!
Come join the bandwagon of a holistic education and the top careers of the decade