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Important Notice: No Direct Admissions at BIMTECH | No Agents or Brokers | Admissions only through CAT / XAT / GMAT / CMAT / MAT | Any direct admission claim is fraudulent.
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Faculty

Meet the Visionaries
Our Distinguished Faculty at Birla Institute of Management Technology

Nishtha Ranjan

Assistant Professor

Biosketch

  • Have took several MDP sessions on actuarial valuations/reserving in life and general insurance policies in India and Nepal
  • Delivered actuarial live interactive sessions (CM1A – Actuarial Mathematics) with emphasis on syllabus alignment, theoretical foundations, practical applications, and real-world problem-solving for the candidates enrolled with Institute of Actuaries of India, Mumbai (IAI)
  • Completed Core Principles Stage (Actuarial Statistics, Actuarial Mathematics and Business) in Sep 2015. Cleared 9 papers from Institute of Actuaries of India (IAI) and Institute and Faculty of Actuaries (IFoA, UK)
  • Interested in education and training activities related Actuarial Science, Financial Mathematics, and Statistics
  • Highly adaptive to the digital environment pedagogy through four quadrant approach.
  • An effective communicator with excellent relationship building & interpersonal skills to mentor students and building leadership qualities.
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Education

  • Completed Ph.D. in Management from Amity International Business School, Amity University, Noida in 3.5 years
  • MBA(Finance) from Sikkim Manipal University
  • Bachelor’s in Mathematics (Hons) from Sri Venkateswara College, Delhi University, New Delhi

Professional Certifications

Professional Certifications

Sep’ 15 CT2 (Finance and Financial Reporting) Institute and Faculty of Actuaries, UK
Apr’ 15 CT7 (Business Economics) Institute and Faculty of Actuaries, UK

Institute of Actuaries of India

Sep’ 14 CT8 (Financial Economics) Institute and Faculty of Actuaries, UK
May’ 14 CT9 (Business Awareness) Institute of Actuaries of India
Sep’ 13 CT4 (Models) Institute and Faculty of Actuaries, UK
Apr’ 13 CT6 (Statistical Models) Institute and Faculty of Actuaries, UK

Institute of Actuaries of India

Apr’ 13 CT5 (General Insurance, Life and Health Contingencies) Institute and Faculty of Actuaries, UK
Sep’ 12 CT3 (Probability and Statistical Methods) Institute and Faculty of Actuaries, UK

Institute of Actuaries of India

Sep’ 11 CT1 (Financial Mathematics) Institute and Faculty of Actuaries, UK

Institute of Actuaries of India

Recognitions and Awards

  • Received “BEST RESEARCH PAPER” Award for the paper titled “Online grocery shopping by the senior demographic (60+) in North India: Driving factors behind adoption vs resistance” in 2025 Imagining a Sustainable Future: A Multi-Disciplinary International Conference on Global Business Challenges (ICGBC-2025) organized by Galgotias University, Greater Noida on 13th Apr 2025
  • Received “BEST RESEARCH PAPER” Award for the paper titled “Technology powered consumer behaviour in online grocery shopping” at AICTE-sponsored International Conference on Emerging Technologies and Circular Economy held on 26-27 May 2023 at Apeejay School of Management, Dwarka in Year May 2023
  • Received “Sleep Tight” award for good quality work on a Canadian pension valuation at Mercer in Mar 2017

Social Engagement

  • Celebration of Holi festival with below poverty line children at Niveda Foundation in Mar 2023
  • Actively partcipated to teach cooking at Blind Relief Assosciation through Mercer Care in June 2017

Teaching Courses and New Courses Developed

  • Insurance Analytics
  • Elements of Actuarial Science I (Basic)
  • Elements of Actuarial Science II (Advanced)
  • Health Insurance
  • InsurTech-II (Property & Casualty)
  • Spreadsheet Modelling
  • Financial Mathematics
  • Life Contingencies
  • Statistical Methods and Probability Distributions
  • Mathematical Statistics and Application
  • Assurance and Annuity Contracts
  • Financial Models and Annuity
  • Investment Mathematics

Experience

  • Birla Institute of Management Technology (BIMTECH), Greater Noida
    • Academic Associate
    • July 2024 – November 2025
  • Amity University, Noida
    • Amity School of Insurance, Banking and Actuarial Science (ASIBAS)
    • Assistant Professor–II
    • September 2017 – July 2024
  • Mercer Consulting India Private Limited, Noida
    • Process Developer
    • October 2013 – September 2017

Academic Positions and Assignments

  • Program Coordinator for first year students of PGDM-Insurance Business Management at Birla Institute of Management Technology (BIMTECH)- handling the day to day academic activities along with various accreditation processes of NBA and AACSB
  • Institutional Quality Assurance Cell (IQAC) Coordinator for Amity School of Insurance, Banking and Actuarial Science (ASIBAS) and at BIMTECH contributing to National Assessment and Accreditation Council (NAAC) accreditation documents
  • Held the responsibility of Deputy Superintendent to conduct examinations at Amity.
  • Actuarial Club coordinator- conducting quizzes, the celebration of Actuaries Day, etc.

MDP Sessions, Workshops and Technical Lectures

  • Served as resource person for the “Actuarial Excellence: Risk and Liability Valuation in Insurance Sector” MDP organised by the Banking, Finance and Insurance Institute of Nepal at Hotel Mulberry, Kathmandu (14–15 November 2025).
  • Took various sessions upon life insurance policies valuation and bonus calculation for Reliable Life Insurance, Nepal, and contributing to their professional growth journey in Year 2024 and Year 2025.

Professional Associations and Memberships

  • Student member of Institute of Actuaries of India (IAI), Mumbai

Research Papers and working Papers

  • Presented a paper titled “Adoption of AI chatbots: Revolutionizing E-grocery Shopping in Delhi-NCR” in 2024 International Conference on Artificial Intelligence and Emerging Technology (Global AI Summit) organized by Bennett University, Greater Noida on 4th-6th Sep 2024, technically co-sponsored by IEEE UP Section (SCOPUS Indexed)
  • Presented a paper titled "Application of Augmented Reality (AR) and Virtual Reality (VR) in Sustaining e-grocery" in 2023 10th IEEE Uttar Pradesh Section International Conference on Electrical, Electronics and Computer Engineering (UPCON) at Amity University, Greater Noida on 2nd Dec 2023 (SCOPUS Indexed)
  • Research article titled “Determinants of consumer behaviour towards technology enabled grocery shopping in Noida” in Journal of Statistics & Management Systems indexed in WEB OF SCIENCE (ESCI) and ABDC. Pages: 1965–1985, Volume 26, 2023 - Issue 8

Conference, Seminar Paper and Presentations

  • Received “BEST RESEARCH PAPER” Award for the paper titled “Online grocery shopping by the senior demographic (60+) in North India: Driving factors behind adoption vs resistance” in 2025 Imagining a Sustainable Future: A Multi-Disciplinary International Conference on Global Business Challenges (ICGBC-2025) organized by Galgotias University, Greater Noida on 13th Apr 2025
  • Presented a paper titled “Bridging the Gap: Online Grocery Shopping Adoption vs. Non-Adoption among the elderly above 50 in Delhi-NCR” in INTERNATIONAL CONFERENCE ON RECENT TRENDS IN ENGINEERING, TECHNOLOGY AND BUSINESS MANAGEMENT (ICRTETBM 2025) organized by Amity International Business School, Amity University, Noida, on 19th Feb 2025
  • Received “BEST RESEARCH PAPER” Award for the paper titled “Technology powered consumer behaviour in online grocery shopping” at AICTE-sponsored International Conference on Emerging Technologies and Circular Economy held on 26-27 May 2023 at Apeejay School of Management, Dwarka.
    • Link: https://apeejay.news/international-conference-throws-light-on-emerging-technologies-and-circular-economy/

Magazine and Newspaper Articles

  • 26 Dec’ 25 Article published on “Preparing MBAs for AI-driven risk: Integrating climate data, analytics and regulation in the classroom” in The Hindu
    • https://www.thehindu.com/education/preparing-mbas-for-ai-driven-risk-integrating-climate-data-analytics-and-regulation-in-the-classroom/article70439675.ece
  • 8 Oct’ 25 Article published on “Divorce Insurance & Gender-Neutral Alimony Spark Debate, Can India’s Next Legal Reform Protect Modern Marriages & Break Financial Bias?” in The Free Press Journal
    • https://www.freepressjournal.in/business/divorce-insurance-gender-neutral-alimony-spark-debate-can-indias-next-legal-reform-protect-modern-marriages-break-financial-bias

PATENT

  • Utility Patent titled “Tamper-Resistant AI-Based Two-Wheeler Incident Recording and Blockchain Evidence Archival System” in the Motor Insurance domain, focusing on enhancing incident recording, fraud prevention, and evidence integrity through AI and Blockchain technology published on 19 Sep’ 25.

Interviews and Media Impact

  • Correlation recording through National Institute of Open Schooling (NIOS) platform
    • Link: https://youtu.be/9texQFGE3Eo
  • Live session on e-Vidya Channel through National Institute of Open Schooling (NIOS) on 20 Jan 2021 and 30 Dec 2020
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