Modeling the Future Challenge
Predict the Future and Solve Real-World Problems
The Modeling the Future Challenge (MTFC) is an academic competition developed with the Institute of Competition Sciences, a leader in challenge-based learning programs. The premise of the MTFC is simple: junior and senior high school students are challenged to develop and present their own mathematical models of how a new technology or industry might change the future. Registration is free, and students have a chance to win $60,000 worth of scholarship prizes.
Students learn how mathematics applies to cutting-edge industries and technologies. They also learn about highly sought-after careers as actuaries and other STEM-related professional opportunities.
Get Your Hands Dirty With Analysis
Teams of one to five high school students conduct an actuarial research project in which they make recommendations to companies, organizations, government agencies or other groups based on their own mathematical models, real-world data analysis and risk management.
were involved in Modeling the Future during the 2022-2023 season, up from only 140 participants in 2017-2018.
joined the Challenge in 2022-2023, up from only 50 teams in 2017-2018.
in overall student math skills as a result of participating in the Challenge, according to 2022-2023 educators.
in overall student problem-solving skills as a result of participating in the Challenge, according to 2022-2023 educators.
Phase One: Scenarios
Student teams are given a scenario description, data set and series of up to 30 questions to evaluate the team’s expertise in five areas:
- Statistics and Probability Fundamentals
- Projecting Trends
- Modeling Data
- Analyzing Risks
- Making critical thinking recommendations
Teams that pass the Scenario Phase will be recognized as Modeling the Future Challenge Semi-Finalists and move on to the Project Phase of the Challenge where they conduct their own actuarial research projects.
Phase Two: Project Proposals
Once your team has qualified, you will be entered into the main Project Phase of the Challenge. Each qualified team is matched with an actuarial mentor to provide high-level guidance on their project. Mentors meet virtually with teams twice during the project period.
To complete your project, you will work through five high-level steps:
- Problem Identification
- Data Identification
- Mathematical Modeling
- Risk Analysis
Modeling the Future Challenge 2023-2024 Timeline
Registration Opens Every Fall
Scenario Phase Workshop
Scenario Response & Project Proposal Due
Project Phase Workshop