Indian Statistical Institute Mumbai Highlights
The Indian Statistical Institute is located in Churchgate, was established in 1931 under the Indian Statistical Institute Act and was the initiative of Mahalanobis. It is a very reputable hub for statistics education and research, fertile in SQC & OR, computer science, and social science branches. The facilities of the campus are wonderfully equipped with state-of-the-art laboratories, a library, and residential spaces, something that reiterates the strict regime of academics and quality research-driven teaching.
Here are the key highlights of Indian Statistical Institute Mumbai
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Feature
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Details
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Name
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Indian Statistical Institute (ISI), Mumbai
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Established
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1931
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Founder
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Prof. P.C. Mahalanobis
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Campus Location
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Churchgate, Mumbai
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Type
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Public, Research Institute
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Focus Areas
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Statistics, Mathematics, Computer Science, SQC & OR
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Recognition
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Institute of National Importance (ISI Act, 1959)
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Indian Statistical Institute Mumbai Courses and Fees
Among the courses available at the Indian Statistical Institute - Mumbai are bachelor's degrees (B.A. Honours Mathematics, B.Sc. Honours Statistics, B.Stat, B.Math), master's (M.A., M.Sc, M.Tech in Computer Science/QR&OR), PG diplomas, Ph. D.s, and certificate courses. A tuition fee that ranges between ₹17.7 K and ₹82.6 K is the norm for certificate programs, with most degree programs having no to low tuition fees and stipends for non-sponsored students.
Here are the Courses and Fees details of Indian Statistical Institute Mumbai
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Program Type
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Course Name
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Duration
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Fees (Approx.)
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UG Degree
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B.Stat / B.Math
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3 Years
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No tuition; stipend ₹3,000/month
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PG Degree
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M.Tech in CS / QROR, M.Sc statistics
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2 Years
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No tuition; stipend ₹5,000/month
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Certificate / Diploma
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Statistical Quality Control, Data Science, Six Sigma
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6–12 Months
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₹17,700 – ₹82,600 approx.
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Ph.D
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Statistics / Math / CS / QROR
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Min. 3 Years
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Fellowship provided
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Indian Statistical Institute Mumbai Popular Programs
One of the most renowned courses at the Indian Statistical Institute is the B.Stat (Hons) and B.Math (Hons), which are not only reputed for the gamut of mathematics learned but also for their high placement value. At the post-graduation level, the M.Tech in Computer Science, M.Tech for Quality, Reliability & Operations Research, and M.Sc in Quantitative Economics are the crowd-pulling programs. Besides, the certification programs in analytics and Six Sigma are the ones that work for some professionals looking for an advanced short-term upskilling.
Here are the popular programs of the Indian Statistical Institute Mumbai
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Program
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Specialization/Stream
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Notability
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B.Stat (Hons) / B.Math (Hons)
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Mathematics, Statistics
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Highly competitive, Olympiad-linked admission
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M.Tech (CS / QROR)
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Computer Science, Operations Research
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High placement, analytics and IT roles
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M.Sc Quantitative Economics
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Quantitative Economics
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Popular among research and finance aspirants
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SQC Certificate Courses
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Data Science, Six Sigma
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Industry-focused and highly rated
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Indian Statistical Institute Mumbai Application Process
Admission for the UG and PG courses in ISI Mumbai requires an all-India level examination and an interview of the shortlisted candidates as a part of the selection process. Admissions to B.Stat and B.Math programmes are offered to INMO (Mathematical Olympiad) awardees based on their performance. As an essential criterion, the M.Tech candidates might be required to qualify for GATE. For Ph.D courses, most of the students usually clear CSIR/UGC JRF or the institute's entrance test. Certificates are short courses and thus have a differentiating application form.
Here is the application process of the Indian Statistical Institute Mumbai
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Step
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Description
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Application Mode
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Online via official ISI admission portal
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Entrance Test
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National-level written exam (held yearly)
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Interview Round
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Shortlisted candidates appear for in-person/online interview
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Direct Entry (UG)
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INMO (Olympiad) awardees may be interview-exempt
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GATE Requirement (M.Tech)
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Required for M.Tech QROR or CS
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Ph.D Admission
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Via JRF/NET or ISI entrance + interview
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Indian Statistical Institute Mumbai Admission
Indian Statistical Institute Admission to Undergraduate and Postgraduate programs at ISI Mumbai is a two-step process, namely, a written test and an interview. International Olympiad awardees do not appear for the written test. M.Tech applications ask for a valid GATE score in the respective domain. Ph.D applications are usually based on JRF or the entrance test, whichever is more convenient for the student. Courses like STAT include a separate procedure for short course applications.
Here are the Indian Statistical Institute Mumbai Admission details
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Level
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Eligibility
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Admission Process
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UG Programs
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10+2 with Mathematics and English
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ISI entrance test + interview
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PG Programs
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Bachelor's in relevant field + Math
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ISI entrance or GATE + interview
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M.Tech
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GATE qualified (CS/QROR)
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Shortlist + test/interview
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Ph.D
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Master's + NET-JRF/CSIR or ISI test
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Research proposal + entrance + interview
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Certificates
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Graduate or professionals in relevant field
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Direct application + profile review
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Indian Statistical Institute Mumbai Cutoff
Entrance tests for admission to the UG and PG programs are held by ISI Mumbai at various centers across India. Each center has slight variations in coverage. Students are required to visit the exam center directly for the written test to qualify for the personal interview. The entrance test, followed by the interview, based on the ranks obtained by the students, is the selection procedure for B.Stat (Hons.). The course B.Stat. (Hons) divides the reservation on the basis of test scores. Students who are eligible for further rounds are notified earlier than the rest.
Here are the cutoffs details at the Indian Statistical Institute Mumbai
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Program
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Basis of Admission
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Cutoff Type
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Remarks
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B.Stat / B.Math
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ISI entrance test
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No fixed %, rank-based
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INMO students may get direct interviews
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M.Tech CS / QROR
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GATE + Test/Interview
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Based on GATE scores
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~600+ score generally safe for shortlist
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Ph.D Programs
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JRF/GATE + ISI assessment
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Depends on stream
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Research background and proposal matter most
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Certificates
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Profile and academic review
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No cutoff
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Industry experience preferred in some cases
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Indian Statistical Institute Mumbai Placements
Placement in ISI Mumbai is mainly in the analytics, finance, and tech sectors. Another option is to secure a return offer from a summer internship. The main part of the training takes place in the final year, students will spend most of their third year going to presentations, working on their first project, attending the career fair, and having internships. In the fourth and final year, students will spend the whole year doing full-time work outside the campus. This year, take full advantage of the prestigious nearby software companies we have maintained great relationships with for many years.
Here are the placements of the Indian Statistical Institute Mumbai
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Aspect
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Details
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Major Recruiters
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Google, Amazon, Goldman Sachs, Samsung, JPMorgan
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Average Salary (UG/PG)
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₹20–30 LPA (for top profiles)
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Domains
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Data Science, Quant Finance, Research, Software
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Certificate Course Impact
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High ROI for analytics and Six Sigma certifications
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Alumni Paths
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Global Ph.D admissions, top finance firms, tech MNCs
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Indian Statistical Institute Mumbai Scholarships
All UG/PG students who are not under the Indian Statistical Institute Mumbai scholarship can enjoy the monthly stipend (~₹ 3,000/month), book/travel grants, and semester-wise contingent financial aid, the latter depending on good academic progress. Research students can get the fellowship and contingency grant, while those who qualify with excellence can also be awarded the merit scholarships. Finally, it is essential to know that besides the normal students, special-excellent performers can access select bursaries—more details per course at the course level.
Here is the Indian Statistical Institute Mumbai Scholarships details
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Type
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Eligibility Criteria
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Benefits
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UG Stipend
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B.Stat/B.Math students
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₹3,000/month + book & travel allowances
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PG Fellowship
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M.Tech, M.Sc students
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₹5,000/month stipend + hostel support
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Ph.D Fellowship
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JRF-qualified or selected via ISI
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₹31,000/month + contingency
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Certificate Bursaries
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Some courses offer financial aid
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Depends on course; limited availability
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Merit Awards
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Top-performing students
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Additional academic recognition/prizes
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Mumbai, Maharashtra
Autonomous Institute
1931
Notification
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