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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 the changing job dynamics and opportunities, it is vital for students to support their careers with a rigorous graduate degree.

With industry experience and a flair for training aspirants, we offer students a platform to pursue various professional degrees through the formal education route.

Mission And Vision

Our mission is to provide premier and comprehensive education in the field of Actuarial Science and Quantitative modelling which is extensively used in the BFSI industry and to bridge the gap between Education and Careers.

Our vision is to revolutionize the learning experience of students and focus on holistic development and the nurturing of well-learned leaders.

IAQS Philosophy



Up-to-date and relevant curriculum, one that is abreast with the latest developments in the BFSI Industry



To hold the student’s curiosity and interest levels, our educational approach is pragmatic with an interesting mix of theoretical and practical concepts



High degree of emphasis on building strong industry connections. Practical training, internships and workshops to help in collaborating with the corporate world.



Meticulous and personalized learning with continuous feedback, to make the knowledge dissemination process more robust.

From The Program Director’s Desk

My experience offering end-to-end services in the Actuarial & Data Science domain and mentoring young aspirants in pursuing actuarial and financial analyst studies for the last eight years has made me realise that there are two big gaps in the existing education system.

First, every year students pursuing professional courses have to pursue dual education streams; one for their degree college and another for professional qualifications. Since a large number of professional courses are undertaken via distance learning, it leads to students having poor interpersonal skills and missing the entire advantage of classroom education.

Secondly, I see a lack of quality Bachelor’s and Master’s options available which would give the students an edge in their technical career. A need to prepare them for their future in keeping with all the developments happening around us led me start the Institute of Actuarial and Quantitative Studies.

At IAQS, the courses have been developed to sync education with the realities of the industry and compliment professional qualifications. They are designed to impart knowledge coupled with holistic development.

Akash Rughani

Advisory Board

Thomas Mathew T

Board of Director (L&Ta group of
companies, LIC of India,Canara HSBC OBC L.I.C 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 – Inde Global Advisory

D Sivanandhan

Board of Directors on Various
Companies, IPS Officer (Retd.),
Ex Commissioner of Police

Tanveer Quraishi

Head – Analytics, Marsh McLenaan Global Services India Private Limited (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