Which companies came for placement at ISI Kolkata for an M.Stat?

Microsoft, Goldman Sachs, Alphonso, JPMC, Walmart, Americal Express, Capital One, Mckinsey, Standard Chartered, etc. are the companies that come for placements at ISI Kolkata for M.Stat. Students are usually recruited as Data Scientists, Analysts, Associates in the field of Actuary, Data Science, Analytics, etc. According to the recent highlights of ISI Kolkata placements, the average CTC offered to M.Stat students is around INR 19 LPA.

Which one has got better placement and higher average packages ISI kolkata M.Stat or math and computing from any of the 5 old IITs?

I have friends studying in ISI Kolkata and old IITs. Based on my conversations with them, I will say there is no doubt that M.stat students from ISI have better chances of landing jobs with really lucrative salaries. You will be surprised by the fact that ISI is known for its 100% placement ratio for M.Stat. This is not the case you would be able to find in any IIT whether old or new. Even if you pursue a B.tech degree from IIT Bombay (an old and reputed IIT), the institute never succeeds in maintaining a cent-percent placement record. You can even cross-check the stats from IIT Bombay’s website. Students studying mathematics and computing students from IITs, most of them are more inclined toward research careers than jobs. M.Stat degree from ISI is unique in India. The course is highly reputed and the institute itself is far ahead of most Indian institutes in the field of stats, math, and economics. I have attached a video that will brief you on the ISI Placement scenario Overall, ISI stands as a premier institute for fields especially related to stats, math, and economics with a 100% placement ratio.

What are the eligibility criteria to pursue a master's in statistics at ISI, Kolkata?

The eligibility for pursuing a master’s in Statistics at ISI Kolkata is graduation in a relevant field from a recognized university. You need to have scored at least 55% or the equivalent CGPA in graduation to be eligible for admission. The final admission is based on the entrance examination performance and interview.

ISI Kolkata M.Stat : Fees 2026, Course Duration, Dates, Eligibility

Course Highlights	Details
duration	2 Years (Full Time)
course level	PG (Degree)
mode of study	On Campus
eligibility	Graduation+ ISI Exam

Events	Dates
Date of ISI Admission Test 2026 [M.Sc]	May 10, 2026

Events	Dates
Date of ISI Admission Test 2026 [M.Sc]	May 10, 2026

The college admission process involves a test and an interview. The test includes the IITJEE syllabus plus additional topics, divided into two phases: Objective (UGA) with 30 questions in 120 minutes and Subjective (UGB) with 8 questions. Interviews consist of 4-5 questions. Preparation should focus on problem-solving, particularly using the Test of Mathematics at 10+2 Level (TOMATO) book by ISI. The faculty is highly qualified, all holding PhDs, and the postgraduate program fee is INR 50,000, though no course fee is charged, and students receive a monthly stipend (INR 8,000 for master's).

Scholarships are available based on merit and income, with performance-based incentives. The placement cell is highly active, ensuring nearly 100% placement for job-seeking students, with top recruiters like Goldman Sachs, Microsoft, and Amazon offering positions. For the 2021-2022 M.Stat. course, the highest salary was 56 LPA, with an average of 22 LPA and a median of 19 LPA. Approximately 50% of M.Stat. graduates pursue PhDs. Recruitment occurs annually in October.

The college charges nominal fees for library and medical facilities and hostel fees of Rs. 200 per month. Students receive stipends of Rs. 5000 for bachelor's and Rs. 8000 for master's, along with a yearly contingency grant. To continue receiving stipends, students must maintain a 60% average each semester. External scholarships like KVPY, INSPIRE, and JBNSTS are available but make students ineligible for the institute's stipend.

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Neeraj

M.Stat

Reviewed on Nov 2, 2021(Enrolled 2018)

Neeraj's Review On Indian Statistical Institute - [ISI], Kolkata

Fee Structure And Facilities:

INR 50000 is the total fees for the post graduate programme. Scholarships are provided on the basis of merit and family income. Students are also eligible for performance based scholarships and free ships also.

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Shourjo Chakraborty

4.1Helpful

Reviewed on Oct 18, 2021(Enrolled 2021)

A brief discussion on ISI, Kolkata

Fees and Financial Aid:

Tuition fee is 0. A very nominal one-time charge for library, medical facilities is paid during admission. Hostel fees worth Rs. 200 should be paid per month. You have to pay only for what you eat.Every student recieves monthly stipends(Rs. 5000 for bachelors, Rs. 8000 for masters) from the institute. One can even apply for other scholarship like KVPY, INSPIRE, JBNSTS etc instead of accepting the ISI stipend. A yearly contingency grant worth Rs. 5000 for bachelors students and Rs. 8000 for masters students is also provided to the students who take ISI stipend which covers the cost of the books, copy, pens, photocopy and other essential items purchased in an academic year.

Nikhil Sachdeva

4.0Helpful

Reviewed on Jul 3, 2020

Indian Statistical Institute

We don't have to avail for any scholarship, since every student by himself gets a stipend and in fact, if we apply for any other scholarship, we won't be eligible for that stipend. The only eligibility for stipend is you must maintain a percentage of 60 every sem to continue stipend in next sem.