MSc. Statistics and Data Science

MSc. Statistics and Data Science

Program Details

The MSc. Statistics and Data Science is designed for the digital era, where organisations must extract meaningful insight from complex, high-dimensional data across sectors. It brings together statistics, mathematics, computation and AI as a unifying, transdisciplinary toolkit for real-world problem-solving. The program builds strong mathematical, statistical and computational foundations, enabling students to design models, analyse large-scale systems and make data-led decisions across domains.

Key components include grounding in data science, mathematics, statistics and computational science; domain-focused analytics (marketing, finance, climate and health); AI/ML (including reinforcement and deep learning); programming in MATLAB, Python and R; data visualisation and regression diagnostics; modelling, optimisation and simulation; and industry-oriented projects, internships and dissertation work.

Program Highlights

  • Rigorous blend of theory and hands-on practice, focused on solving real-world problems with statistical and computational methods.
  • Transdisciplinary curriculum spanning statistical sciences, data science, AI and computer science.
  • Hands-on training using real datasets from satellite imagery, aviation, finance, environmental studies, e-commerce, healthcare and social sciences.
  • Project-oriented pedagogy aimed at strong industry readiness.
  • Expert talks and academic engagement with professors and researchers from leading institutions (IITs, NITs, IISERs, IIMs and IISc).

As data volumes grow and AI adoption accelerates, demand is rising for professionals who can combine statistical reasoning with machine learning, optimisation and domain understanding. Graduates can explore opportunities across research and academia, government and the public sector, enterprise analytics, and innovation-led roles in start-ups. The program is well-suited to careers where decisions must be backed by robust modelling, uncertainty handling and evidence-based inference.

Placements

Typical roles include:

  • Data scientist / machine learning engineer
  • Business and marketing analyst
  • Quant analyst / financial analyst
  • Data engineer / big data specialist
  • AI / deep learning specialist
  • Statistician
  • Academician / research roles

Fee Structure

Click here for detailed Fee Structure.

Curriculum

The overall structure of the program is coherent and aligned with national and global standards in statistics and data science. Detailed credit framework of the program is as below: 

Program Duration: 2 Years (4 Semesters)  
Total Credits: 87  
Structure: Core Courses + Electives + Projects  
Pedagogy: Lectures, Labs, Projects, Seminars 

Semester 1

Course TitleLTPC
Statistical Programming: R / Python2024
Mathematics for Data Science4004
Databases and Data Visualization3014
Probability, Entropy & Monte Carlo Simulation3014
Computational Linear Algebra & Learning from Data3003
Data Analysis, Sampling and Regression4004
,

Semester 2

Course TitleLTPC
Multivariate Analysis and Statistical Inference4004
Algorithms and Data Structures3003
Network Science, Social Analytics and OSINT3003
Elements of OR, Optimization, and Optimal Control4004
Data Mining and Machine Learning4004
Elective-I3003
,

Semester 3

Course TitleLTPC
Bayesian Inference3003
Data Engineering3014
Stochastic Process, Markov Chain, and SDE3003
Deep and Reinforcement Learning3014
Elective-II3003
Research Methodology, Ethics, and Communication2002
Project – I0004
,

Semester 4

Course TitleLTPC
Time Series and Forecasting Methods3003
Stochastic Systems: Reliability, Modelling and Simulation3104
Elective-III3003
Project II00010
  • Elective I
    • Business Analytics
    • Statistical and Numerical Computing
    • Artificial Intelligence for Data Science
    • Information Theory and MaxEnt Methods
    • Blockchain
       
  • Elective II
    • Marketing Analytics
    • Data Streams: Models and Algorithms
    • Measure Theory and Probability
    • Game Theory and Strategy
    • Environmental, Climate and Geospatial Analytics
       
  • Elective III
    • Computational Finance
    • Statistical NLP and LLM
    • Sampling Survey Methodology
    • Statistical Learning Theory
    • Probabilistic Causal Models

Eligibility

It is expected that students intending to join the program are passionate about learning mathematical, statistical, computational sciences along with artificial intelligence and data science. 

Educational Background

  • Bachelor’s degree with Mathematics as one of the subjects (preferably)
  • B.Sc. in Mathematics/Physics/Statistics/Computer Science
  • B.Tech./B.E./BCA/MCA (any discipline)
  • Minimum marks: 50% 

Selection Criteria

  • Merit-based (UG percentage)
  • Interview / Counselling