DEPARTMENT OF MATHEMATICS & ACTUARIAL SCIENCE

Dr. Mahadev Ota

 

Designation:Assistant Professor (Sr. Gr.)
Nature of Employment:Regular
Qualification:M.A (Mathematics).,Ph.D (Mathematics)
Phone:044-22751347, 48. 50 (Extn 265)(Office)
Email ID:mahadev.ota@crescent.education

Education

Academic Qualifications

ProgrammeDisciplineYear of PassingUniversity
Ph.DMathematics2020B.S. Abdur Rahman Crescent Institute of Science and Technology
M.ScActuarial Science2009Madras University
M.AMathematics2006Sambalpur University

Professional Qualifications

  • Student Member of Institute of Actuaries of India.

Passed the following papers:-

  • CT-1, Financial Mathematics
  • CT-2, Finance and Financial Reporting
  • CT-3, Probability an mathematical Statistics
  • CT-4, Model
  • CT-5, General Insurance, Life and Health Contingencies
  • CT-6, Statistical Methods
  • CT-7, Economics
  • CT-8,Financial Economics
  • CT-9,Business Awareness Module
  • Secured 1st Rank in M.Sc Actuarial Science in 2009 batch

Experience

Teaching Experience

Sl NoName of the InstitutionPositionYear of Experiance
1Pondicherry UniversityGuest Faculty3 Month
2Madras UniversityGuest Faculty1 year
3Islamic University of Science and TechnologyGuest Faculty1 Month
4School of Vocational Education & Training (IGNOU), New DelhiConsultant2.3
5B.S. Abdur Rahman Crescent Institute of Science & Technology, ChennaiAssistant ProfessorJoined on 05 Jan 2012

Area of Interest

  • Financial Mathematics
  • Stochastic Modeling and Survival Models
  • Life Contingencies
  • Financial Economics

Research

Publications in Refereed Journals

  • Ota, M., Srinivasan, S. and Nandakumar, C.D. ‘Optimal order quantity by maximising expected utility for the newsboy model’, J. Procurement Management, Vol. 12, No. 4, pp.410–424, 2019
  • Ota, M., Srinivasan, S. and Nandakumar, C.D. ‘Economic ordering model for multiple items with stochastic demand and budget constraint’’, J. of Services and Operations Management, (DOI:10.1504/IJSOM.2020.10019241)
  • Ota, M., Srinivasan, S. and Nandakumar, C.D, Exponential Fractional age assumption for the survival function and mortality rate, International Journal of Management, IT & Engineering, Vol.19, Issue 1, 33-41, 2019.
  • Ota, M., Srinivasan, S., Nandakumar, C.D. and Waheed, K. ‘Manufacturer optimal stock requirement and production rate to maximise the expected profit during peak time’, J. Procurement Management, Vol.13, Issue 2, pp.257-277, 2020.
  • V Mohan, Ota, M, A Kumar ‘An inventory model for decaying items with Pareto distribution, time-dependent demand and shortages’, J. Mathematics in Operational Research, (accepted)

National Conferences

  • Mahadev Ota,Participated as a delegate in the National conference on “Balancing work and life” organized by Crescent Business School, B S Abdur Rahman Institute on 4th February 2012.
  • Mahadev Ota, Attended the National Actuarial Summit –ACTSUM 12 conducted by PG Department of Actuarial Science, Bishop Heber College, Tiruchirappalli, on 5th and 6th March 2012.

Extra Curricular Activity

  • Participated in the Interactive Mathematical Training Camp supported by the National Board of Higher mathematics during 15th October 2001 to 10th November 2001.
  • Participated in the science academies refresher course on “Partial differential equations and their application” at IISER Bhopal during July 03-15, 2017.
  • Participated in the AICTE sponsored short term course on “Mathematical Finance: Theory and Practice” organized by Department of Mathematics, IIT Madras during 16-21 January 2017.
  • Participated in the conference “Statistical Methods in Finance 2016” organized by Chennai Mathematical Institute from 19.12.2016 to 22.12.2016.
  • Organized and delivered a series of lectures as a resource person in the Summer Training Programme on “Financial Mathematics with Hands on R Programming” during 6th to 11th June 2016, at Dept of Mathematics & Actuarial Science, B S Abdur Rahman Crescent Institute of Science & Technology
  • Organized a National workshop on “Demographic changes and its challenges:  an actuarial perspective” During 12th and 13th February 2016 at Dept of Mathematics & Actuarial Science, B S Abdur Rahman Crescent Institute of Science & Technology
  • Organized a National workshop on “Current Challenges & Future Prospects for Actuaries” During 23rd & 24th January, 2020 at Dept of Mathematics & Actuarial Science, B S Abdur Rahman Crescent Institute of Science & Technology
  • Contributed as Resource Person in AICTE Training And Learning (ATAL) Academy Online Elementary FDP on “Actuarial Science Applications” from 2021-06-14 to 2021-06- 18 at Amal Jyothi College of Engineering.