Background

NSACT is an event organized by the University of Malaya Actuarial and Financial Mathematics Society (UMACT).

The board of NSACT 2019 comprises 13 committees:

The reason we started this event is to develop holistic future actuaries, i.e. students from high schools and pre-universities. We believe that by having this event, we can nurture future actuaries and widen this field in the industry. 

Details of the event

Duration: 4 days 3 nights

Date: 23rd to 26th March

Venue: Kolej Kediaman Raja Dr Nazrin Shah, University of Malaya

Target Participants: Students aged 16-20 

What is Actuarial Science? Is it the studies in Mathematics?

Many students do not understand the role of Actuarial Science in this universe and our main objective for this event is to provide exposure and strong understanding on the foundation of actuarial science field.

Highlights

Our committees are planning a variety of programs to comprehensively introduce insight into actuarial science field:

-Industrial visit

-Industrial forum

-Station games "Explorace"

-Academic sessions namely "Actuarial Mind", "Now You Know AS", "Route to Actuary" etc.

Benefits of Participation

- Being exposed to a clearer and wider view on the field of an actuary

- Build a close relationship with other participants from all around Malaysia for future networking

- Enhance leadership, communication, and social skills through various hands-on experiences

Why Support Us?

We believe each and every of your support will help to make this event memorable to the participants that join us. 

It is extremely important to have this event ongoing every year because we believe that by having this event, we can nurture future actuaries and widen this field in the industry. This can be done when we are able to inspire the participants to start building their profession earlier by having a clear mindset and planning.

Furthermore, we believe that this event will serve as a bridge connecting universities students and secondary school students. We could provide certain guidance and clear some of their doubts even after this camp. In the future, we hope that this connection will be further enhanced when they enter into an actuarial science degree and we venture into actuarial science industries.

Why Crowdfunding

Due to the fact that we are currently suffering from cash flow, we hope with crowdfunding through Mystartr, we are able to raise enough fund in order to carry out this event in a conducive environment and to ensure the participants enjoy fully throughout the entire event. 

Budget Plan

Income

Expenses (For 150 participants, 56 committees)

Total fund needed = Income - Expenses

                              = RM 49542 - RM 39500

                              = RM10042 ( Approx. RM10000)