IIT Bombay M.Sc Applied Statistics And Informatics: Fees 2025, Course Duration, Dates, Eligibility

The college offers a robust academic program, particularly excelling in technical statistics, with well-qualified faculty. Ananthnarayan Hariharan is highlighted for excellence in teaching linear algebra. The rigorous academic schedule includes weekly quizzes and major exams, contributing to a busy environment. Located in Mumbai, the college is costly but provides financial aid for disadvantaged students, including mess fee refunds for SC-ST students and laptop provisions for eligible students. IIT Bombay boasts strong placement outcomes, especially in the MSc Statistics course. In 2023, 39 out of 42 students achieved placements, with an average salary package of 16 LPA, from recruiters like Citi Bank and Accenture. The internship process begins in October, with 33 out of 42 students securing positions with companies like Accenture and HCL. A good CPI (>7.5) and relevant projects are vital for internships. The institute offers several scholarships, such as the Merit cum Means (MCM) scholarship for the top 25% of students from families earning less than 5 lakhs per annum, and the Pfizer scholarship for top statistics students with related projects. SC/ST students benefit from waived tuition fees. The total annual fee for the MSc Statistics course, including hostel and mess charges, is approximately 1,25,000 INR, with semester-specific charges being around 33,000 INR.