NMIMS School of Mathematics, Applied Statistics & Analytics Mumbai M.Sc Applied Statistics and Analytics: Fees 2026, Course Duration, Dates, Eligibility

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Collegedunia Team

Content Curator | Updated on - Apr 27, 2026

The M.Sc. (Applied Statistics and Analytics) at NMIMS Nilkamal School of Mathematics, Applied Statistics & Analytics (NSoMASA), Mumbai, is a 2-year full-time on-campus postgraduate program spread over 4 semesters, with the 4th semester entirely dedicated to an industry internship. The program integrates mathematics, statistics, data science, artificial intelligence, and computational techniques, preparing students for careers in analytics, research, and industry. The annual fee for Batch 2025 was Rs. 2,60,000, making the total course fee Rs. 5,20,000 for 2 years. Admission is through the NMIMS Entrance Test followed by a Personal Interview. With an intake of 60 seats and a curriculum designed in consultation with industry experts, the program is popular for its applied focus, use of tools like R, Python, SAS, SQL, and SPSS, and a built-in industry internship semester.

Admissions for the 2026 batch are currently ongoing. Online registration opened on 11th March 2026 and the last date to register is 31st May 2026. The program commences on 7th July 2026, with closure of admissions on 23rd July 2026.

Key Points

  • The 4th semester is entirely devoted to an industry internship, providing real-world exposure and potential job offers or research support.
  • The curriculum covers classical and modern statistical tools including Big Data, Machine Learning, Data Mining, Econometrics, Finance, and Life Sciences applications.
  • Students gain hands-on training in industry-standard software: R, SAS, Python, HADOOP, SQL, and SPSS.
  • The program follows a continuous evaluation system through seminars, quizzes, practical assignments, and term-end exams with CGPA grading.
  • Guest lectures by eminent academicians and industry statisticians are a regular feature, ensuring industry-academia interaction.
  • Minimum 80% subject-wise attendance is mandatory.
  • The program is offered Monday to Saturday (full-time, on-campus at Mumbai).

NSoMASA M.Sc ASA Fees

Course Fees

Fee ComponentAmount (Per Year)Total (2 Years)
Tuition FeesRs. 2,60,000Rs. 5,20,000
Registration/Application Fee (one-time)Rs. 2,500Rs. 2,500
Total Fees (Gross)Rs. 2,60,000 per yearRs. 5,22,500

Hostel Fees (Optional - Not Mandatory)

HostelTypeHostel Fees (10 months)Refundable Security DepositTotal
G.R. Jani Boys Hostel (AC)BoysRs. 3,50,000Rs. 10,000Rs. 3,60,000
Anand Premises Boys (AC)BoysRs. 4,50,000Rs. 10,000Rs. 4,60,000
MKM Sanghvi Girls Hostel (AC)GirlsRs. 4,00,000Rs. 10,000Rs. 4,10,000
Bansi Villa - Girls Residential Flats (AC)GirlsRs. 3,50,000Rs. 10,000Rs. 3,60,000
  • The above fee structure is for Batch 2025.
  • Fees for Batch 2026 will be intimated at the time of admission.
  • The Registration Fee of Rs. 2,500 is non-refundable and non-transferable.
  • Refund of fees in case of withdrawal/cancellation is as per UGC norms.
  • Hostel fees are optional.
  • Refund of hostel fee is allowed only in case of cancellation of admission from NMIMS: before commencement of course, Rs. 3,000 processing charges will be deducted; after commencement of course, no refund is applicable.
  • The security deposit of Rs. 10,000 is refundable at the end of the course, subject to deductions for any damage to hostel property.

NSoMASA M.Sc ASA Admission 2026

Important Admission Dates

Sr. No.EventDate
1Online Registration Opens11th March 2026
2Last Date of Online Registration31st May 2026
3Call Letters Available for Written Test (on candidate dashboard after 5:00 pm)1st June 2026
4Conduct of Online Written Test3rd June 2026
5Call Letters Available for Personal Interview (on candidate dashboard after 5:00 pm)8th June 2026
6Conduct of Personal Interview17th, 18th and 19th June 2026
7Declaration of First Merit List (after 5:00 pm)25th June 2026
8Document Upload and Payment of Admission Fees (First Merit List)26th June 2026 to 2nd July 2026
9Commencement of Program7th July 2026
10Closure of Admissions23rd July 2026
  • Candidates appearing for final year examinations must submit their final marksheet on or before 30th September 2026 to confirm eligibility.

Accepted Entrance Exam

ExamEventDate
NMIMS Entrance Test (MST)Online Written Test (M.Sc. ASA)3rd June 2026
NMIMS Entrance Test (MST)Personal Interview (Common for M.Sc. ASA and M.Sc. SDS)17th, 18th and 19th June 2026

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

  • Candidates must hold a Bachelor's degree in Statistics or a Bachelor's degree in any stream with Statistics as one of the subjects in the final year, with a minimum of 50% aggregate marks or equivalent grade.
  • Alternatively, candidates with a Bachelor's degree in any stream (other than Statistics) with a minimum of 50% aggregate marks are eligible, provided they have passed 10+2 or equivalent with Mathematics/Mathematics and Statistics/Statistics as a compulsory subject with minimum 50% marks in the subject.
  • Candidates appearing for their final year examination are also eligible to apply; provisional admission will be given subject to meeting the eligibility criteria, with the final marksheet to be submitted on or before 30th September 2026.

Admission Process

  • Visit www.nmims.edu and register online; pay the non-refundable application fee of Rs. 2,500.
  • Upload required documents (10th marksheet, 10+2 marksheet, degree marksheet if applicable) to receive the call letter for the entrance test.
  • Appear for the NMIMS Online Written Test (70 marks, 90 minutes) on 3rd June 2026.
  • The test has Part A (Aptitude - 20 marks) and Part B (Domain-specific Statistics - 50 marks).
  • Shortlisted candidates appear for the Personal Interview (30 marks) at the NMIMS Mumbai campus on 17th-19th June 2026.
  • PI is common for M.Sc. ASA and M.Sc. SDS.
  • Merit list is declared based on Written Test (70%) + Personal Interview (30%).
  • Selected candidates must upload documents and pay full fees within the stipulated timeline to confirm admission.

NSoMASA M.Sc ASA Scholarships 2026

Scholarships

ScholarshipAmountEligibility/Details
UGC/Government ScholarshipsAs per schemeSC/ST/OBC/EWS/Minority students as per UGC and Government of India norms
NMIMS Education Loan AssistanceFacilitated through partner banksAll admitted students; details available at www.nmims.edu/education-loan
  • NMIMS does not offer a specific institutional scholarship for M.Sc. ASA students (unlike the Ph.D. programs).
  • Students are encouraged to apply for state and central government scholarships applicable to their category.
  • Education loan assistance is available through NMIMS's tie-ups with partner banks.

Table of Contents

NSoMASA M.Sc ASA FAQs

Ques. What is the difference between M.Sc. Applied Statistics and Analytics (ASA) and M.Sc. Statistics and Data Science (SDS) at NSoMASA?

Ans. The M.Sc. ASA has a broader eligibility criterion - it accepts students from any stream at graduation level, provided they have Mathematics/Statistics at 10+2. It focuses on applied statistical tools, data analytics, and industry applications. M.Sc. SDS, on the other hand, requires a Bachelor's degree specifically in Statistics or with Statistics as a subject in the final year, and has a stronger theoretical statistics orientation. Both programs are 2 years full-time, share the same campus and faculty, and have a common Personal Interview process.

Ques. Is the 4th semester internship mandatory, and does it count towards the degree?

Ans. Yes, the 4th semester is entirely dedicated to an industry internship and is a mandatory part of the M.Sc. ASA curriculum. It is a credit-bearing component of the degree. The internship provides students with real-world exposure to industry problems and often leads to pre-placement offers or strong references for further studies. The placement cell at NSoMASA actively assists students in securing internship opportunities with corporates and research organizations.

Ques. What software tools are taught in the M.Sc. ASA program?

Ans. The M.Sc. ASA curriculum includes hands-on training in several industry-standard tools and programming languages including R, SAS, Python, HADOOP, SQL, and SPSS. These are integrated into the coursework through practical lab sessions and project work. The program is designed to ensure students are job-ready with both theoretical knowledge and computational skills that are directly applicable in industries like telecom, banking, insurance, pharmaceuticals, and entertainment.

Ques. What is the entrance test pattern for M.Sc. ASA at NMIMS NSoMASA?

Ans. The NMIMS Entrance Test for M.Sc. ASA is an online test of 70 marks and 90 minutes. It consists of Part A (20 marks) covering Common Aptitude - Logical Reasoning, Quantitative Aptitude, and English Language - and Part B (50 marks) covering domain-specific topics: Basic Statistics, Probability Theory and Distributions, Statistical Inference, Sampling Theory, Operations Research, Time Series Analysis, Multivariate Analysis, Biostatistics, and Sectorial Applications of Statistics. All questions are MCQ format with no negative marking.

Ques. What are the career prospects after completing M.Sc. ASA from NMIMS NSoMASA?

Ans. Graduates of M.Sc. ASA from NSoMASA find opportunities in a wide range of sectors including banking and finance, insurance, pharmaceuticals, telecom, e-commerce, healthcare, and government statistical services. Typical roles include Data Analyst, Statistical Analyst, Business Analyst, Research Analyst, Biostatistician, and Quantitative Analyst. The dedicated placement cell at NSoMASA facilitates campus placements and internships with leading corporates. Students can also pursue further research through Ph.D. programs at NMIMS or other institutions.

Ques. Can students from non-Statistics backgrounds apply for M.Sc. ASA?

Ans. Yes, M.Sc. ASA has a flexible eligibility criterion that allows students from non-Statistics graduation backgrounds to apply, provided they have studied Mathematics or Statistics as a compulsory subject at the 10+2 level with at least 50% marks in that subject, and have a minimum of 50% aggregate marks in their Bachelor's degree. This makes it accessible to students from science, commerce, and other streams who have a strong mathematical foundation, unlike M.Sc. SDS which strictly requires Statistics at the graduation level.

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