Being a unique education establishment, the Indian Statistical Institute (ISI) is devoted to research, teaching and application of statistics, natural sciences and social sciences. Founded by Prof. P.C. Mahalanobis in Kolkata in 1931, Indian Statistical Institute (ISI) was set up with an objective to promote the study and dissemination of knowledge of statistics, to develop statistical theory and methods, and their use in research and practical applications generally, with special reference to problems of national development and social welfare.
After nearly two decades, the institute has gained the status of an Institution of National Importance by an act of the Indian Parliament. Apart from its presence in the City of Joy, ISI has a presence in India's capital NewDelhi, City of Gardens Bengaluru, The Detroit of India Chennai and The Blood City Tezpur. Moreover, the institute has outlying offices in Giridih, Hyderabad, Coimbatore, Mumbai and Pune. Though the teaching activities take place mainly in Kolkata, Delhi and Bengaluru, Chennai, Tezpur, Giridih and Hyderabad, the offices located in the other cities are primarily involved in projects/consultancy in Statistical Quality Control and Operations Research.
ISI caters to the needs of undergraduate programs in B. Stat (Hons), B. Math (Hons) and postgraduate degree programs in M. Stat, M. Math, MS (Quantitative Economics, Library and Information Science, Quality Management Science), M. Tech (Computer Science, Cryptology and Security, Quality, Reliability and Operations Research). The statistical institute also delivers diploma courses - Post-Graduate Diploma in Statistical Methods and Analytics (PGDSMA), Post Graduate Diploma in Business Analytics (PGDBA). For the PGDBA program, ISI has associated with IIM Calcutta and IIT Kharagpur. "Statistics is a key tool for studying business analytics. It helps to visualize business problems, validation of models and assumptions, data validation, explanatory and predictive models," clarifies Professor Goutam Mukherjee, Dean of Studies, Indian Statistical Institute. Since ISI emphasizes on developing the applied statistical skills, ISI organizes internship/training programs for industries, the students from other institutions, teachers and government officials.
ISI has created a peerless