Indian Statistical Institute

The Indian Statistical Institute (ISI), established in 1931 by renowned statistician P.C. Mahalanobis, is a premier institution dedicated to research, teaching, and application of statistics, mathematics, computer science, and related disciplines.

Headquartered in Kolkata, ISI has campuses in Delhi, Bangalore, Chennai, and Tezpur. It is recognized globally for its rigorous academic programs and pioneering contributions in statistical theory, data science, and economics. ISI offers highly competitive undergraduate, postgraduate, and doctoral programs such as B.Stat, B.Math, M.Stat, M.Math, MS in Quantitative Economics, and PhD in various fields.

The institute is known for its selective admissions, which are based on performance in its own entrance tests and interviews. ISI’s faculty includes globally renowned scholars, and the campus promotes cutting-edge interdisciplinary research. It also works closely with the government, industries, and international agencies. With a legacy of academic excellence, ISI continues to play a crucial role in shaping India's research and data-driven economy.

Scholarships available at Indian Statistical Institute

Indian Statistical Institute (ISI) offers financial support to all eligible students enrolled in its full-time degree programs. Most notably, all selected undergraduate and postgraduate students of B.Stat, B.Math, M.Stat, and M.Math automatically receive monthly stipends from the institute. For example, B.Stat and B.Math students are awarded ₹5,000 per month, while M.Stat and M.Math students receive ₹8,000 per month. MS in Quantitative Economics and MS in Library and Information Science students also receive stipends based on program norms. Additionally, PhD scholars are supported through institutional or national fellowships such as UGC/CSIR Junior Research Fellowships and Institute Research Fellowships, offering up to ₹35,000/month.

ISI students from economically weaker sections can also apply for fee waivers and additional government scholarships, such as Post-Matric Scholarships, INSPIRE, and those listed under the National Scholarship Portal (NSP). This robust financial support ensures that students can pursue rigorous academic training without financial burden.