ISI Bangalore M.Sc Quality Management Science: Fees 2026, Course Duration, Dates, Eligibility

Content Curator | Updated 3+ months ago

The Master of Science (Quality Management Science) program at Indian Statistical Institute (ISI) Bangalore is a prestigious two-year postgraduate program designed to create data scientists with exceptional skills in Statistics, Machine Learning, Operations Research, and Quality Management. The first year is conducted at Bangalore and the second year at Hyderabad. The program offers no tuition fees, and selected candidates receive a monthly stipend of 8,000 throughout the program. The program is highly popular among aspiring professionals seeking to pursue careers in data science, business analytics, and quality management in leading organizations.

Admission for the 2026 batch is currently open with application deadlines from February 11 to March 12, 2026. The ISI Admission Test is scheduled for May 10, 2026, followed by interviews in the first week of May. Results are expected by June 1, 2026. Candidates selected for the program will commence their studies in July 2026.

Key Points

Two-year postgraduate program with no tuition fees
Monthly stipend of 8,000 throughout the program
First year at Bangalore, second year at Hyderabad
Comprehensive curriculum covering Statistics, Machine Learning, Operations Research, and Quality Management
Live project work with real-world applications
Strong industry connections and placement support
Curriculum taught using R, Python, Minitab, Microsoft Excel, and SAS
100% placement record with average package of 14-17 LPA

Official Link:

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Highlights
Fees
Admission
Scholarships
Placements
FAQs

ISI MS-QMS Fees

The Master of Science (Quality Management Science) program at ISI Bangalore is a fully funded program with no tuition fees charged to students. All selected candidates receive a monthly stipend throughout the two-year program. The program structure is designed to support full-time studies without financial burden on students.

Fee Structure

Fee Component	Amount (INR)
Tuition Fee	0 (No Tuition Fee)
Monthly Stipend	8,000 per month
Total Stipend (24 months)	1,92,000
Caution Money (Refundable)	3,000
Total Fees	0

All selected candidates receive a monthly stipend of 8,000 throughout the two-year program.
Caution money is refundable at the end of the program.
No additional tuition fees are charged.
Candidates may also be eligible for scholarships based on merit and financial need.

ISI MS-QMS Admission 2026

The Master of Science (Quality Management Science) program follows a competitive admission process designed to identify exceptional candidates with strong academic backgrounds. The 2026 admission cycle is currently active with applications being accepted until March 12, 2026. Selection is based on the ISI Admission Test followed by a personal interview. The entrance test evaluates candidates' mathematical knowledge and analytical abilities. Successful candidates are offered admission to the program.

Important Dates

Event	Date
Application Start Date	February 11, 2026
Application Deadline	March 12, 2026
ISI Admission Test Registration Start	February 11, 2026
ISI Admission Test Registration Deadline	March 12, 2026
Admit Card Release	May 1, 2026
ISI Admission Test Date	May 10, 2026
Entrance Test and Interview	First week of May 2026
Result Declaration	June 1, 2026 (Tentative)
Program Commencement	July 2026 (Tentative)

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

Bachelor's degree of at least three years duration with Mathematics as a subject
BE/B.Tech. degree in any discipline
Good academic record with strong foundation in mathematics
Candidates from any discipline are eligible if they have completed a three-year bachelor's degree

Admission Process

Submit online application through ISI's official admission portal
Appear for the ISI Admission Test on May 10, 2026
Qualify based on merit in the entrance examination
Participate in personal interview (conducted in first week of May)
Receive admission offer letter
Complete registration and join the program in July 2026

ISI MS-QMS Scholarships 2026

The Master of Science (Quality Management Science) program provides comprehensive financial support to all selected candidates:

Monthly Stipend: 8,000 per month throughout the two-year program
Total Stipend: 1,92,000 for the entire program
No tuition fees
Caution money (refundable): 3,000

Additional support may be available through:

Merit-based scholarships for exceptional candidates
Institute scholarships for economically backward students
Research grants for project work
Travel grants for conference presentations

Financial Support Details

Support Type	Amount/Details
Monthly Stipend	8,000 per month
Total Stipend	1,92,000
Tuition Fees	0
Caution Money	3,000 (Refundable)

ISI MS-QMS Placement 2026

ISI Bangalore MS-QMS graduates have excellent career prospects in leading organizations. The program has a 100% placement record with strong industry connections. Graduates typically pursue careers as:

Data Scientists in tech companies and financial institutions
Business Analysts in management consulting firms
Quality Engineers and Quality Managers in manufacturing companies
Operations Research Analysts in optimization firms
Machine Learning Engineers in AI and analytics companies
Statistical Analysts in research organizations

Placement Statistics:

Placement Statistics

Metric	Details
Average Package	14-17 LPA
Highest Package	21-23 LPA
Lowest Package	9-10 LPA
Top Recruiters	Amazon, Morgan Stanley, PayPal, Deutsche Bank, PWC, HSBC, and other leading companies

The institute has strong placement support with dedicated placement committee and industry connections. MS-QMS graduates from ISI are highly sought after by leading organizations globally.

ISI MS-QMS FAQs

Ques. Is the MS-QMS program fully funded?

Ans. Yes, the MS-QMS program is fully funded. All selected candidates receive a monthly stipend of 8,000 throughout the two-year program. There are no tuition fees charged to students.

Ques. What is the program duration and structure?

Ans. The program is two years long. The first year is conducted at Bangalore and the second year at Hyderabad. The program consists of coursework in the first three semesters and live project work in the fourth semester.

Ques. What are the eligibility criteria for MS-QMS?

Ans. Candidates should have a Bachelor's degree of at least three years duration with Mathematics as a subject, or a BE/B.Tech. degree in any discipline. A good academic record is required.

Ques. What is the difficulty level of the ISI Admission Test for MS-QMS?

Ans. The ISI Admission Test for MS-QMS is moderately challenging. It tests mathematical knowledge and analytical thinking at the undergraduate level. The test includes both objective and subjective questions in Mathematics and Economics.

Ques. What are the placement prospects after MS-QMS?

Ans. MS-QMS graduates have excellent placement prospects with 100% placement record. The average package is 14-17 LPA with highest packages reaching 21-23 LPA. Top recruiters include Amazon, Morgan Stanley, PayPal, Deutsche Bank, and other leading companies.

Ques. Can I pursue MS-QMS while working?

Ans. The MS-QMS program is designed as a full-time program. Students are expected to be on campus and actively engaged in coursework and projects. The program is not suitable for part-time or distance learning.

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ISI Bangalore: 1 Answered Question

How is the ISI Bangalore centre as compared to ISI Kolkata for Bachelor course?

Hritam RoyIndian Statistical Institute (2018)

If you are considering pursuing a Bachelor's degree in Statistics (BStat) or Mathematics, it's important to know that Indian Statistical Institute (ISI) offers these programs at their Kolkata and Bangalore campuses. Here's what you need to know about each campus:

ISI Kolkata Campus:

ISI Kolkata is the main campus of the institute and offers a range of undergraduate, postgraduate, and doctoral programs in Statistics and related fields.
The BStat program at ISI Kolkata is one of the most sought-after programs for students interested in pursuing a career in Statistics.
The program is designed to provide a strong foundation in Mathematics and Statistics and is known for its rigorous curriculum and excellent faculty.
Students who complete the BStat program can go on to pursue higher studies in Statistics or pursue a career in fields such as data science, actuarial science, finance, and more.

ISI Bangalore Centre:

ISI Bangalore is a relatively newer campus of the institute, established in 2015.
The Bangalore Centre primarily focuses on research in Mathematics and related fields and offers undergraduate, postgraduate, and doctoral programs in Mathematics.
The center has a strong faculty of mathematicians who are actively involved in research and offer high-quality teaching.
The undergraduate program in Mathematics at ISI Bangalore is designed to provide a strong foundation in the subject and prepares students for higher studies or a career in academia or industry.

In summary, if you are specifically looking for the BStat program, ISI Kolkata is the only campus that offers it. However, if you are interested in Mathematics, the Bangalore Centre of ISI is an excellent choice, with a strong faculty and a focus on research.

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