Indian Statistical Institute (ISI) is an academic institute of the national mandate as recognized by a 1959 act of the Indian parliament. It increases out of the Statistical Laboratory set up by Prasanta Chandra Mahalanobis in Presidency College, Kolkata. Set up in 1931, this public university of India is one of the oldest and most prestigious institutions focused on statistics, and its early reputation led it to be adopted as a model for the first US Institute of Statistics set up at the Research Triangle, North Carolina by Gertrude Mary Cox.
ISI has its headquarters in Baranagar, Kolkata, West Bengal. It has four subsidiary centers located in academics at Delhi, Bangalore, Chennai and Tezpur, and a branch at Giridih. Additionally, the Institute has a network of units of Statistical Quality Control and Operations Research at Vadodara, Coimbatore, Hyderabad, Mumbai, and Pune engaged in guiding the industries, within and outside India, in developing the most updated quality management systems and solving critical problems of quality, reliability, and productivity.
Major activities of ISI are research and training of Statistics, development of theoretical Statistics and its applications in various natural and social sciences. Inception all affiliated with the University of Calcutta, the institute was declared an institute of national importance in 1959, by an act of Indian parliament, Indian Statistical Institute act, 1959. ISI functions under the Ministry of Statistics and Programme Implementation (MOSPI) of the Government of India.
Important areas of expertise of ISI are Computer science, Statistics, Mathematics, Mathematical economics, Operations Research, and Information Science and it is one of the few research-oriented Indian schools offering courses at both the undergraduate and graduate level.
The apex objectives of the ISI are to facilitate research and training of Statistics, to indulge in development of statistical theory and in application of statistical techniques – in the scenarios of planning at national level and in theoretical development of natural and social sciences, to participate in the process of data collection and analysis, to operate concerned projects in planning and improvement of efficiency of management and production.
The Sanskrit phrase भिन्नेष्वैक्यस्यदर्शणम् (Bhinneswaykyasya Darshanam), which literally states the philosophy of unity in diversity, is incorporated in the logo of the institute and is the motto of ISI.
At commencement, ISI offers fewer programs (and admits fewer students) than most other degree-granting academic institutions. Following the empowerment for providing degrees in the subject of Statistics as per the ISI Act 1959, in 1960, ISI started bachelor level degree program Bachelor of Statistics and master level degree course Master of Statistics, and also started awarding research level degrees such as Ph.D. and DSc. After that, ISI started offering Master of Technology (MTech) courses in Computer Science and in Quality, Reliability & Operations Research (QR&OR); these courses got recognition from All India Council for Technical Education (AICTE). As ISI Act of 1959 was altered by the Parliament of India in 1995, ISI was empowered to award degrees and diplomas in subjects such as Mathematics, Quantitative Economics, Computer Science, and other subjects concerned to Statistics and Operations Research as determined by ISI from time to time. Other than this the degree courses, ISI offers few diplomae and certificate courses, special diploma courses for international students via ISEC, and special courses in collaboration with CSO for training probationary officers of Indian Statistical Service (ISS).
Applicants of all degree courses are needed to go through written admission tests and interviews. ISI organizes the written tests at various examination centers across India. Only in fewercases, candidates may get called for the interview directly, viz. applicants of MTech Computer Science course having a GATE score above a threshold. Also, candidates of research fellowship programmes having already qualified for a fellowship from CSIR or NBHM can directly appear in an interview.