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ISI

Indian Statistical Institute

Indian Statistical Institute (ISI) conducted it's admission test on May 8 and the admission test's final answer key was released on May 23, 2022, after the 'Answer Key' challenge was completed on May 21, 2022, at 6:00 PM. Candidates can download the ISI admission test final answer key from the official website, which is available in PDF format. The ISI released the answer sheet on May 17, 2022, on social.ac.in.

History of Indian Statistical Institute (ISI)

The Indian Statistical Institute, known widely as ISI, was founded in 1931 by Professor Prasanta Chandra Mahalanobis. Growing out of a small Statistical Laboratory by Professor Mahalanobis in the Presidency College in Kolkata, the Institute soon moved into its present campus at Baranagar on the northern outskirts of Kolkata. Ever since that humble beginning, the Institute has undergone phenomenal growth over the past eight decades. It is now widely regarded as one of the leading institutions in the world as a center for research and training in Statistics and related sciences.

In recognition of the importance of the Institute in the development and application of Statistics, the Parliament of India, in 1959, enacted the Indian Statistical Institute Act, declaring it an Institution of National Importance and empowering it to grant degrees and diplomas in Statistics. In 1995, this Act was further amended, empowering the Institute to grant degrees and diplomas in Mathematics, Quantitative Economics, Computer Science, and other subjects related to Statistics as may be determined by the Institute from time to time.

The headquarters of the Institute is located in Kolkata. However, centers of the Institute have come up over the years in other major cities. The Institute has four centers operating in Delhi, Bengaluru, Chennai, and Tezpur. In addition, the Institute has a branch at Giridih devoted to agricultural and sociological research and a network of units at Coimbatore, Hyderabad, Mumbai, and Pune, that are involved in related activities to Statistical Quality Control and Operations Research.

Most of the research and teaching activities of the Institute take place in its headquarters in Kolkata and the four centers. The Institute has its campus in Kolkata, Delhi, Bengaluru, and Hyderabad. They are equipped with adequate student hostel facilities, residential quarters for the faculty and guest houses, and recreational and medical facilities. The campus at Giridih has a small guest house and rudimentary hostel facilities.

The relatively new centers at Chennai and Tezpur are still operating at temporary locations. However, at these centers, too, the Institute provides a hostel facility for students and a residential facility for faculty members. At each of these five locations, there are many theoretical and Applied Statistics, Mathematics, and economics scientists. In Kolkata, Chennai, and Bengaluru, there is also a large group of scientists in Computer and Communication Sciences, Statistical Quality Control and Operations Research, and other branches of natural and social sciences.

A sizeable proportion of the students passing out of the Institute build remarkably successful careers in research and academics. Some of the most eminent and leading researchers and academics in the fields of Statistics,

Mathematics, Computer Science, and Economics are alumni of the Institute. At the same time, students of the Institute who have gone into the industry have also been extremely successful. Several top and well-accomplished leaders in the industry are also alumni of the Institute.

The Institute has been running a very proactive on-campus placement program for many years. Under the supervision of a teaching faculty member, this program has successfully provided aspiring students, in the final years of their respective programs, excellent placement opportunities in some of the leading organizations in various sectors of the industry.

Some of the companies that have visited the Institute’s campus for recruitment in the past few years are: AIG, American Express, ANZ, Axis Bank, AB InVeb, AXA Life Insurance, BARC India, BCS Technology, BlackRock, Barclays Shared Services, Capital One, Citibank, Credit Suisse, Crisil, CIBIL, Citi Corp., Cummins India, Deloitte, Dr. Reddy’s Lab, Dunia Finance LLC, Ernst & Young, Envestnet-Yodlee, FICO, Goldman Sachs, HSBC Technology & Services, IBM, ICICI, JP Morgan, KPMG, Mahindra Com- viva, Mckinsey, Media.net, Metro, Microsoft, Narayana Hrudayalaya, Novar- is, Nielsen, Petrabytes Corporation, RedBus, Reliance, Samsung, Standard Chartered, TCS Analytics, TCS Innovation Lab, United Health Group, Wal- mart Lab, ZS, Zendrive, etc.

Over the last several years, the Institute has been actively pursuing an institution-level collaboration that has led to Memoranda of Understanding (MOUs) with several universities/academic institutions and in- industrial organizations. These MOUs range from collaborative research to re-search grants for students/faculty as well as student/faculty exchange pro- grams.

At present, the Institute has MOUs signed with, among others, the following institutions/organizations: National Highway Authority of India, Tata Consultancy Services Ltd., EfD Secretariat at UGOT, Silicon Valley Com Foundation, Airport Authority of India, Networks Specified, Ericsson India, American Society for Quality India, IIT Madras, Szechenyi Istvan University, Hitachi India Pvt. Ltd., Bridge and Roof Company Ltd., Infosys Ltd., National Research University, Eastern Africa Statistical Training, State University of New York, London School of Economics, BRAC-University, Tata Institute of Social Sciences, City University of Hong Kong, University of Warwick, Yoko- Hama National University.

The Central Library of the Institute, located in Kolkata (with a network ex- tending to two major libraries at Delhi and Bengaluru Centres and other locations of the Institute), has one of the richest collections in the country, particularly in the fields of Statistics and allied disciplines, namely, Mathematics, Economics, Computer Science, Earth Science, Life Science, Physics, Quality Control, etc.

In addition to a total volume of more than three lakhs, comprising books, bound journals, official reports/data-books, dissertations and theses, reprints, and non-print materials such as CDs/floppies, microfilms, and microfiches, it maintains online access to journals and all the major scientific publication databases. It also has a separate NBHM collection funded by the National Board for Higher Mathematics, Department of Atomic Energy, Government of India.

It is making endeavors to create institutional repositories using open-source software, facilitating access to indigenous resources across regions and increasing the visibility of such resources. As a part of the Central Library, the renovated Amrapali building, which was the residence of the founder of the Institute, now houses the P C Mahalanobis Memorial Museum and Archives.

The Institute also runs the International Statistical Education Centre (ISEC), established in 1950, under the auspices of the Government of India. This Centre has been providing training in Statistics to sponsored students mainly from the developing countries of the Middle East, South and South East Asia, the Far East, and the Commonwealth countries of Africa. The Centre also offers various short-term courses in Statistics and related subjects.

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