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The Actuary The magazine of the Institute & Faculty of Actuaries

New Mathematical Institute in Oxford

The Oxford Mathematical Institute has recently obtained planning permission for an exciting new building on the Radcliffe Infirmary site. This building will offer a purposeful and lively environment for mathematical thinking and teaching to flourish across the full range of subjects from actuarial science to mathematical biology.

The building has been designed to coordinate with the site’s historic buildings, which will be preserved. Designed by the renowned architect Rafael Vinoly, the new Mathematical Institute will cost approximately £70 million. The University has committed to funding half of the cost of the building, and we are seeking support in raising the other half. We have been fortunate to receive some significant benefactions already and it is hoped that members of the Actuarial Profession, many of whom are alumni or have connections with Oxford, will be keen to help. An event has been arranged at Staple Inn on 10 November 2010 to introduce plans for the building.

Marcus du Sautoy, Simonyi Professor for the Public Understanding of Science at the University of Oxford, will present a talk entitled ‘The Secret Mathematicians’ on the theme of mathematics and the creative arts. Professor du Sautoy writes for The Times, The Daily Telegraph, The Independent and The Guardian and has been featured in the landmark BBC Four series The Story of Maths.

An appeal for contributions from members of the Actuarial Profession will be launched at this meeting and, if sufficient funding is forthcoming over the ensuing months, it is hoped to name the undergraduate common room after the Actuarial Profession. The undergraduate common room will provide a much-needed space for student interaction, and naming it after the Profession would be a great way to remind students of the opportunity of an actuarial career. Be sure to book for what promises to be a most interesting evening!

By Paul Thornton and Kellie Takenaka