Which is better: the Indian Statistical Institute or Delhi School of Economics?

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Rajashree Gupta Posted On - Aug 10, 2022
Ph.D. Economics, California Institute of Technology (2022)

Indian Statistical Institute of Delhi is better. It follows an updated curriculum. Due to the small batch size, the student-teacher ratio at ISI is better, so every student gets the required attention. If you want to pursue higher studies, after graduation, it is the right place for you. ISI students get accepted for Ph.D. in reputed universities across the world. 

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Natasha Ray Posted On - Aug 14, 2020
Studied at Delhi School of Economics (2013)

Indian Statistical Institute (ISI) is a more research-oriented institute with a low student-teacher ratio increasing the interactivity and productivity, which is considered crucial for research. While at Delhi School of Economics (DSE), one gets a diverse crowd having a larger class size and not only constrained to Statistics and Analytics.

The table mentioned below gives a brief overview of both institutes:

ISI

DSE

ESTABLISHED

1974

1949

NO. OF COURSES

6

12

TEACHER STUDENT RATIO

1:3

1:20

AVERAGE PACKAGE

12 LPA

14 LPA

The table mentioned below talks about the courses and admission criteria ofIndian Statistical Institute:

COURSE NAME

TUITION FEES

ELIGIBILITY

ADMISSION

M. STAT

20,000 PER YEAR

B.E/B.Tech or Bachelor’s degree in statistics, B.Math or PG Diploma in Statistical Method

WRITTEN TEST AND INTERVIEW BY INSTITUTE

MS

B.E/B.Tech or Bachelor’s degree in statistics, Maths, Physics, Economics or B.Stat from ISI

JRF

59,000 (CERTIFICATION)

MS, M.Stat, MSc, MA in Statistics, Maths, Physics, Economics

ISI is reputed worldwide for its stringent and crisp course curriculum, curating the brightest minds of the industry. It offers a stipend of Rs. 5000 to all students in the first semester, followed up in successive semesters on the merit basis. Despite most students opting to go abroad for pursuing higher studies due to worldwide recognitions earned by this institute, still ISI has an average placement rate over 90%. Highest package offered by Goldman Sachs was 30 LPA, while other top recruiters were RBS, ICICI, RBI, DE Shaw, Barclays amongst many others.

The table mentioned below gives a brief about the admission criteria and courses forDelhi School of Economics:

COURSE NAME

TUITION FEES (TOTAL)

ELIGIBILITY

ADMISSION

B.A

30,000

Minimum of 45% in 10+2

Entrance test + interview

MPHIL

18,000

Master’s Degree with minimum of 55%

MA

15,000

BA Hons with 60%

MBA

36,000

50% in Bachelor’s and above 90 percentile in CAT

PhD

16,000

60% marks in PG

DSE ranks among the top 100 institutes in the country and has esteemed faculties who have also been part of reputed international institutions like Princeton, Harvard. It has a strong alumni network and can be found among the world’s leading organizations such as IMF, World Bank. Salient features about the placement statistics of the institute are:

  • Highest package of 26 LPA
  • Average placement rate over 85%
  • Major recruiters being AIG, ANZ, IBM, Economic Times amongst many others
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