Indian Statistical Institute

Mahalanobis set up the Statistical Laboratory in the Presidency College sometime in the 1920s. On 17 December 1931, the Indian Statistical Institute was founded as a learned society and housed in the Statistical Laboratory.

The Institute was registered on 28 April 1932, as a non-profit distributing learned society under the Societies Registration Act (XXI of 1860) and is now registered under the West Bengal Societies Registration Act XXVI of 1961 amended in 1964. Sir R.N. Mookerjee accepted the office of the President of the Institute and held this office until his death in 1936.

During the 1920s and until the mid-1930s, all or nearly all the statistical work done in India, was done single-handedly by Mahalanobis. The early statistical studies included analyses of data on the stature of Anglo-Indians, meteorological data, rainfall data, data on soil conditions, etc. Some of the findings of these early studies had of great impact on the control of floods, development of agriculture, etc., and led to the recognition of Statistics as a key discipline.

The Indian Statistical Institute began as a small room in the Presidency College in 1931, and now comprises buildings on several acres of land in four major cities (Calcutta, New Delhi, Bangalore, and Hyderabad)! What began with a total annual expenditure of less than Rs. 250 in 1931, now has a total annual expenditure of over Rs. 15,000,000! What began in 1931 with a solitary human 'computer' working part-time, now comprises over 250 faculty members and over 1,000 supporting staff and several modern-day personal computers, workstations, minicomputers, supermini computers, and mainframe computers! Impressive as these figures are, they convey little idea of the road traversed, the range of activities undertaken, and the intimate relationship of the Institute with the life of the nation.

The grade for each individual course will be given as an absolute score, out of 100. The score will be a weighted sum of the scores obtained in the graded assessments (assignments, quizzes, and the final examination).

The graded quizzes and assignments will have a total of 60% weightage and the final examination will have 40% weightage.

For most courses, a major part of the final examination will be staff-graded.

To pass a course, one must get a score of at least 50 out of 100.