Indian Statistical Institute

Indian Statistical Institute

The Indian Statistical Institute (ISI) is a research and higher education institute. Having been founded in 1931, this unique institution in India is among the oldest institutes with a focus on statistics. The Indian Parliament’s Act of 1959 designates it as an Institution of National Importance. Baranagar, West Bengal, serves as the home base for ISI. It has a branch in Giridih in addition to four academically oriented auxiliary centres in Delhi, Bangalore, Chennai, and Tezpur. The institute also maintains a network of statistical quality control and operations research units in Vadodara, Giridih, Hyderabad, Mumbai, and Pune that assist businesses both inside and outside of India in creating cutting-edge quality management systems and resolving pressing issues with quality, dependability, and productivity.

 

Courses offered:

Course Branch  Time duration
Undergraduate programmes
Bachelor of Statistics (Honors) [B.Stat (Hons)]  Kolkata  3 years
Bachelor of Mathematics (Honors) [B.Math (Hons)]  Bengaluru 3 years
Postgraduate programmes
Master of Statistics [M.Stat]            Delhi-Kolkata (2 years)
Master of Mathematics [M.Math] Kolkata, Bengaluru (one year alternating) (2 years)
Master of Science in Quantitative Economics [MS (QE)]  Kolkata, Delhi (2 years)
Master of Science in Library and Information Science [MS (LIS)] Bengaluru  (2 years)
Master of Science in Quality Management Science [MS (QMS)] Bengaluru-Hyderabad (2 years)
Master of Technology in Computer Science [M.Tech (CS)]  Kolkata  (2 years)
Master of Technology in Cryptology and Security [M.Tech (CrS)]  Kolkata (2 years)
Master of Technology in Quality, Reliability & Operations Research [M.Tech (QROR)]  Kolkata (2 years)
Research Programmes I*
Statistics  [Kolkata, Delhi, Bengaluru, Chennai, Tezpur]
Mathematics [Kolkata, Delhi, Bengaluru, Chennai]
Quantitative Economics  [Kolkata, Delhi]
Computer Science  [Kolkata, Bengaluru, Chennai]
Quality, Reliability & Operations Research (QROR)  [Kolkata, Delhi, Chennai]
Research Programmes II**
Physics Kolkata
Geology  Kolkata
Biological Sciences Kolkata
Library & Information Science Bengaluru
Diploma Programmes
Postgraduate Diploma in Statistical Methods & Analytics [PGDSMA]         Tezpur Chennai  (1 year)
Postgraduate Diploma in Agricultural and Rural Management with Statistical methods and Analytics [PGDARSMA]           Giridih  (1 year)
Post Graduate Diploma in Business Analytics [PGDBA]            Kolkata  (2 years, offered jointly with IIT Kharagpur & IIM Calcutta)
PG Diploma in Applied Statistics [PGDAS]          Online (1 year)
Certificate Programme
Part-time Course in SQC and OR         Bengaluru, Hyderabad  (9 months)

*The Institute awards PhD degrees for research in these fields.

**The Institute also offers Junior Research Fellowships in several areas of the Natural Sciences and the Social Sciences. However, candidates working for PhD in any area other than the five mentioned above, need to register with other Universities/Institutes for their PhD degree.

[Disclaimer: In this article, we will primarily focus on UG courses, i.e., B.Stat and B.Math]

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Eligibility: 

For UG courses:

A candidate must have successfully completed 10+2 years of Higher Secondary Education (or its equivalent), with Mathematics and English as compulsory subjects, in order to be admitted to UG programmes.

 

Fee Structure:

  • The Institute DOES NOT CHARGE FEES for any of the undergraduate academic programmes.
  • Every student is permitted to utilize the Institute’s library facilities upon payment of a security deposit of Rs. 2000, which is returned at the completion of the course.
  • Students residing in the Institute’s hostels must pay an Rs.5000 security deposit, which is refunded at the completion of the course, as well as the regular mess charges.

 

Exam Pattern:

  1. The Exam is Offline and proceeds in 2 papers – UGA: Paper 1 and UGB: Paper 2.
  2. UGA: Paper 1 has single correct questions. There is no negative marking in this section and for every unattempted question, a +1 mark is awarded. There are 30 questions in this section and +4 marks are awarded for every right answer. Therefore, a total of 120 marks comprise paper 1. 
  3. In order to proceed to Paper 2, a candidate must have the required cutoff marks in Paper 1.  UGB: Paper 2 is a subjective paper. In total, there are 8 questions of 10 marks each. That is a total of 80 marks. This paper has stepwise marking.
Programme name Number of seats Maximum score
Test 1 Test 2 Interview 
B.Stat 63 120 80 20
B.Math 63 120 80 60
  1. Cut-off marks for PAPER 1, generally are
    1. General – 50-55
    2. OBC – 45-50
    3. ST/SC/PWD – 40-45
  2. Cut-off marks for PAPER 2, generally are 30-40 marks.

 

Selection Procedure:

  • Except for the INMO AWARDEES, all applicants for this programme must take two written tests in Mathematics at the 10+2 level that include multiple-choice and descriptive problems. 
  • A number of candidates will be summoned for interviews based on their performance in the written tests. 
  • The written test is waived for applicants who have been selected as INMO AWARDEES to participate in the International Mathematics Olympiad Training Camp (IMOTC) in the current year or in any previous year, based on their performance in the Indian National Mathematics Olympiad (INMO) conducted by the National Board of Higher Mathematics. Candidates that qualified for INMO will be directly called for interviews. 
  • The final selection of candidates for admission to the programme is based on performance in the two written tests (unless waived) as well as the interviews. 
  • The final list of candidates selected for admission is announced after the completion of all the interviews.

 

Scholarship:

Stipends, fellowships, and book and travel grants are awarded to all non-sponsored students and research fellows accepted into UG programmes. Stipends are initially only given out for a single semester or academic year. They are periodically renewed if the student’s progress is deemed sufficient. A stipend/fellowship of Rs. 3000 per month is awarded to students in UG programmes (i.e., B Stat (Hons)/B Math (Hons)).

 

Placements:

Industry-related-

After completion of the programme, a student can secure a package starting from 20-30 LPA in top companies like Goldmann Sachs, JP Morgan, Google, Samsung, Reliance, Flipkart, Amazon, MasterCard, PayPal, etc. Most recruiters are from the Banking and finance sector. IT industries are the second major recruiters.

 

PhD related-

Many of the ISI alumni are working on their PhDs and research projects in world-famous universities such as Chennai Mathematical Institute, the University of Michigan, the University of Illinois, IIT Bombay, TIFR Mumbai, the University of Pennsylvania, John Hopkins University, etc.

 

Conclusion:

Indian Statistical Institute is one of the top institutes in the nation. It is an institute with exceptionally qualified faculty, top facilities and the most inexpensive fee structure. The difficulty level of the ISI entrance exam pattern is equivalent to the International Maths Olympiad. Hence, a strong passion for Maths and a deep conceptual grasp are mandatory for admission to this institute. In order to lay a strong foundation, SciAstra provides a variety of courses to ace this entrance exam. To check out these courses, download the SciAstra app and get well-structured study guidance. We would recommend browsing through other blog posts mentioning top institutes like ISI to increase awareness and obtain up-to-date information about such government institutes.

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