MStat Admission 2023: Important Dates, Application Process, Entrance Exams, Top Colleges

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Arunima Sethi

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MStat Admission 2023 is done based on the ISI Admission Test. To seek admission to the MStat course, a student must have completed their undergraduate degree from a recognized university with Statistics or Mathematics as compulsory subject. The admission process to pursue MStat is based on both merit and the scores obtained by the student in the entrance examination.

MStat is a full-time 2-year long postgraduate statistics course. The main aim of this course is to serve students in interpreting and collecting statistics. After succesfully completing this course students can Become a Statistician or pursue various career paths.

Indian Statistical Institute (ISI) situated in New Delhi, Kolkata, Bangalore, Chennai, Hyderabad, and Pune conducts entrance examinations to offer admission to the MStat Course. Other colleges like Dr. BR Ambedkar University and Amity University conduct admission based on merit.

MStat Admission 2023: Entrance Exam Schedule

Entrance Exam Registration Date Exam Date
ISI Admission Test 2023 Apply Now! Check Here!

MStat Admission 2023: Entrance Exams

The admission process for MStat will commence from February 2023. There is only one central exam, ISI, for taking admission in the MStat course. Universities like Dr. B.R Ambedkar and Amity, Lucknow provide a merit based admission as well.

Indian Statistical Institute Entrance Exam (ISI)

The ISI or the Indian Statistical Institute conducts an entrance exam, named the ISI exam to provide admission in the MStat program. 

Eligibility Criteria

  • The candidate must secure a minimum of 55% of marks from a recognized board in graduation.
  • The candidate must have studied Statistics or Mathematics as a compulsory subject.

MStat Admission 2023: Top Colleges

Many colleges in India offer MStat course. The names of some of these few top colleges are mentioned below:-

MStat Admission Process 2023

Only a graduate student with Statistics or Mathematics as a compulsory subject can pursue this MStat course. The application processes to pursue the course are as follows:-

  • Fill in the application form by entering a valid phone number, email id, and date of birth.
  • You have to upload all your personal and educational certificates once you complete your registration process.
  • After complete uploading of all your necessary documents, pay the application fees online via NEFT.
  • When the payment process is successful you will see a confirmation page. Take a print out of this page for future use.
  • Admit cards will be released one week before the entrance examinations. You have to download the admit card from the website by entering your correct email id and password.
  • The date mentioned in the admit card is the starting date for the examination.
  • Based on the scores obtained in the entrance examination students will be called for the counseling process.

MStat Admission 2023: A Step by Step Guide

To pursue admission in MStat course, you have to be well prepared for entrance examinations well in advance. We have mentioned below a step-wise guide that will help you to do well in the entrance examination.

Try to score good marks in graduation

  • All the students must get at least 55% of aggregate marks in graduation from a recognized university.
  • In graduation, studying either Statistics or Mathematics is mandatory for the students.
  • The final year graduate students can also appear in the entrance examination to pursue the MStat course.

Work hard to qualify for the entrance examination

  • The graduate students should work very hard to successfully clear the cut-off marks of the entrance examination.
  • Depending on the scores of the entrance examination, shortlisted candidates are called for counseling and Personal Interview round.

The entrance exam score decides the final selection

The final selection to pursue this course is decided by the entrance examination conducted by the universities.Hence it is extremely important for a candidate to be well prepared for the entrance exam.

Online admission fees

To pursue this course, a student should pay the admission fees online via NEFT.

MStat Admission Tips 2023

We have mentioned below some of the important tips that will help you to crack the entrance examination to pursue the MStatcourse.

  • Practice mathematics and statistics regularly well before the entrance exam is conducted.
  • As questions from current affairs are also checked in the entrance examination, a candidate must be thorough with the current happenings around the world.
  • Practice online mock-tests for each section and do a lot of mock exams. This will further help you in proper time management and will make a candidate prepared regarding the exam pattern that is followed.

MStat Admission 2023: FAQs

Ques. What is the total duration of this course?

Ans. The total duration of the MStat course is 2 years.

Ques. What is MStat course?

Ans. MStat is a professional postgraduate degree course to prepare students about the interpretation, usage and analysis of statistics.

Ques. What is the admission process for pursuing MStat Course?

Ans. The admission process to pursue the course is based on merit as well as scores obtained by the student in the entrance examination.

Ques. What is the average annual salary of an MStat graduate?

Ans. The average annual salary in an MStat graduate ranges from INR 4,00,000 to INR 15,00,000 per annum.

Ques. What is the minimum percentage required for pursuing admission in this course?

Ans. An aggregate 55% of marks in graduation is required for pursuing admission in this course.

Ques. Does distance learning available for MStat course?

Ans. Yes, you can pursue MStat course from distance learning also.

Ques. What are the basic eligibility criteria for pursuing MStat? Course?

Ans. A student must be a graduate from a recognized university with Statistics or Mathematics as compulsory subjects.

Ques. Name the top recruiting companies for MStat course?

Ans. The top recruiting companies for the MStat course are Morgan Stanley, Goldman Sachs, Flipkart, Myntra, etc.

Ques. Should I appear for any entrance exams for pursuing this course?

Ans. Yes, for pursuing admission in this course few colleges conduct entrance examinations for the students. Students are advised to be well informed about the admission process for each college.

Ques. What is the annual course fees to pursue MStat course?

Ans. The annual course fees to pursue MStat ranges between INR 50,000-INR 90,000 per annum.

Master of Statistics [M.Stat.] : 9 answered questions

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Ques. Which is better M.Sc. Statistics from Mumbai University or NMIMS?

● Top Answer By Tezal Dahiya on 03 Jul 23

Ans. NMIMS is a better option than Mumbai University for MSc Statistics because of these simple reasons NMIMS has much better infrastructure than Mumbai University and offers better facilities and campus life. Better recruiters visit NMIMS and the placement scenario is much better than Mumbai University.  The processors at NMIMS are very approachable and helpful in contrast to MU The teaching staff is better than Mumbai University and they are quite cooperative with students as compared to MU professors that despite being learned refuse to help students. NMIMS ensures proper attendance to classes while Mumbai Univeristy has a pathetic attendance scenario. The simple points above are enough to prove that NMIMS is better than Mumbai University for MSc Statistics.Read more
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Ques. How is the MSc Applied Statistics and Informatics course in IIT Bombay?

● Top Answer By Adwait Tejas on 17 Mar 23

Ans.  MSc Applied Statistics and Infometrics at IIT Bombay can be challenging for some students who did their B.Sc from Mumbai University, especially if they did not receive sufficient training in statistics. In comparison to Delhi University and Calcutta University, the Mumbai University curriculum is relatively deficient in statistical topics. Consequently, most of the students in the class come from DU and CU. While DU and CU students are often comfortable during the first quarter or half of the semester since they studied similar topics in their bachelor's programs, Mumbai University students may struggle to keep up. Despite the challenges, this course is in line with current analytics trends in the market. The course requires students to complete not only statistics courses but also intermediate-level computer science courses such as C, C++, Data Structures, and Applied Algorithms. Students also receive some exposure to statistical software, depending on which software the professor prefers: SaS or R.Read more
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Ques. Which companies came for placement at ISI Kolkata for an M.Stat?

● Top Answer By Paramita Mukherjee on 22 Aug 22

Ans. 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. Read more
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Ques. 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?

● Top Answer By Sagnik Chakraborty on 16 Sept 21

Ans. 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.Read more
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Ques. Which IIT is better for an MSc in statistics: Bombay or Kanpur?

● Top Answer By Admin on 28 Jun 24

Ans. IIT Kanpur’s MSc in statistics is very well recognized in India. The entire course is for 2 years. The MSc in Statistics at IIT Kanpur offers more traditional education on statistics which helps the students to enhance their theoretical knowledge. IIT Kanpur has highly qualified faculties for their MSc Statistics department which helps the students get excellent insights and offers great help in the research programs. The placement for this department is really good, with the highest-ever salary package being 27 LPA . The average salary package offered to the students is around 11.68 LPA . Top companies like Goldman Sachs, Walmart, Dunia Finance, Fuzzy Logics, Amazon, Citicorp, Jp MorganChase, Accenture, United Health Groups , and more participate in the placement drive and hire students.Read more
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Ques. How hard is it to get admission into Pondicherry University for an MSc in statistics?

● Top Answer By Rhea Vij on 29 Sept 21

Ans. Actually, it is quite the contrary. It is quite easy to convert to Pondicherry University even if you are a little serious about your studies.  The university conducts its own entrance test every year. You need to clear the test to get admission here. For the test, you need to be moderately prepared (depending on the level of the student) and practice the last 4-5 years of the question paper. The level is easy Most people aim for the IITs, IISc, and ISI Kolkata before joining this university if they do not get a chance there. You can get an idea of the level of the university. The course is good with excellent faculty and a good study environment, more freedom and no academic or social pressures. So it would be a wise decision to join here if you do not get the top colleges.Read more
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Ques. How's M.Sc in statistics in Bangalore University Is it good to do a PG in Bangalore University?

● Top Answer By Shalini Guha on 30 Nov 21

Ans. The Statistics department is one of the best at Bangalore University (BU). But if you are planning on doing your M.Sc. from BU, then it is advised that you opt for it in any other institution. As, BU is known to delay the publication of the results, which is one of the major complaints of the students. They also take no action to rectify their faults. Your complaints will tend to go unheard most of the time.Read more
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Ques. What are the eligibility criteria to pursue a master's in statistics at ISI, Kolkata?

● Top Answer By Raktim Sinha on 19 Jul 22

Ans. 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. Read more
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Ques. How's the M.Sc. statistics at Bharathiar University?

● Top Answer By Harsha Jha, on 23 Nov 21

Ans. One of my friends studied at Bharathiar University (BU). According to him, if you can study on your own without the regular guidance of teachers, you can opt for BU. Here if you want to learn something, you have to do it for yourself, as the faculty members wont guide you step by step. BU has a huge library from which you can get the required study materials. So if you are someone who does not require a methodical guidance and can learn on your own, BU will be fine for you.Read more
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