RRU announced the launch of a two-year hybrid program – MSc in Actuarial Science with Data Analytics MSc – ASDA

Ahmedabad, Gujarat, Apr 22, the School of Private, Industrial and Corporate Security Management (SPICSM) at Rashtriya Raksha University (RRU), Gandhinar, Gujarat has officially announced the launch of a two-year hybrid program – MSc in Actuarial Science with Data Analytics (MSc – ASDA), in partnership with the Institute of Actuarial and Quantitative Studies (IAQS). This announcement was made during a press conference held at Circuit House, Shahibaug, Ahmedabad today.
During the press conference, several dignitaries were present to discuss about this program and its various aspects. Among them were Prof. (Dr.) Bimal N. Patel, Prof. (Dr.) Kalpesh H. Wandra, Pro-Vice Chancellor of RRU; Mr. Nimesh Dave, Director of SPICSM, RRU; Mr. Akash Rughani, Program Director and Mr. Aman Loharuka, Director from IAQS.
This cutting-edge program is designed to develop a new generation of professionals equipped with skills in actuarial science, risk analysis and data analytics, all aimed at strengthening national security and addressing emerging challenges in the security domain. The course is designed to be flexible as it allows students to pursue this course in hybrid mode.
Prof. (Dr.) Bimal N. Patel, Vice-Chancellor of Rashtriya Raksha University, expresses his gratitude to the IAQS and underscores that the such joint efforts help to bridge the skill gap in actuarial science and data analytics, particularly for the IRDAI’s ‘Insuring India by 2047’ mission by developing professionals capable of designing inclusive, data-driven insurance solutions that enhance financial inclusion. During his address, Prof. Patel has mentioned that by 2030 we expect 25000 actuarial professionals through this program. This program will also provide platform for the students globally. He further stated that India will produce skilled professionals in the field of actuarial science.
Following the address, Mr. Aman Loharuka along with the IAQS Team provides in-depth insights about the newly launched MSc – ASDA program, its unique curriculum structure, and its strategic relevance in today’s evolving security landscape. Some of the key highlights included: