NMIMS Mumbai M.Sc Statistics & Data Science: Fees 2026, Course Duration, Dates, Eligibility

Vile Parle West, MumbaiDeemed to be UniversityEstd 1981NAAC Grade A++ 3.6
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Collegedunia Team

Content Curator | Updated on - Apr 8, 2026

M.Sc. (Statistics and Data Science) at NMIMS Mumbai is a 2-year full-time postgraduate program offered by the Nilkamal School of Mathematics, Applied Statistics and Analytics (NSoMASA), spread across 4 semesters, with the final semester dedicated to an industry project. The program uniquely merges traditional Statistics with modern Data Science disciplines including Data Management, Machine Learning, Deep Learning, and Big Data Technology. The program fees for Batch 2025 were Rs. 2,60,000 per year (Rs. 5,20,000 total); fees for Batch 2026 will be declared at the time of admission. With a seat intake of 60 students and a curriculum blending statistical theory with industry-relevant tools like R Studio, Python, SAS, and SPSS, the program prepares graduates for careers as Statisticians and Data Scientists across virtually all enterprise and service sectors.

Admissions for Batch 2026 are currently open. Online registration opened on 11th March 2026, with the last date being 31st May 2026. The online written test is scheduled for 3rd June 2026, followed by Personal Interviews on 17th, 18th, and 19th June 2026. The program is set to commence on 7th July 2026.

Key Points

  • Unique program blending traditional M.Sc. Statistics with Data Science courses including Machine Learning, Deep Learning, and Big Data Technology.
  • The 4th semester is entirely devoted to an industry project, providing real-world data science exposure.
  • Curriculum covers MS Excel, R Studio, Python, SPSS, Base SAS, and SAS Predictive Modelling.
  • Program is offered Monday to Saturday, reflecting its rigorous full-time nature.
  • Mini-projects in each semester ensure continuous application of concepts learned.
  • Guest faculty from industry and academia worldwide ensures a globally benchmarked learning environment.
  • Minimum 10 eligible candidates required for the program to commence in a given year.
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NMIMS M.Sc. (SDS) Fees

The M.Sc. (Statistics and Data Science) program at NMIMS Mumbai had a tuition fee of Rs. 2,60,000 per year for Batch 2025, totalling Rs. 5,20,000 for the 2-year program. Fees for Batch 2026 will be officially declared at the time of admission. A non-refundable registration fee of Rs. 2,500 is payable at the time of online application. Hostel accommodation is optional and available at separate charges.

Program Fee Structure

Fee ComponentYear 1Year 2Total
Tuition FeeRs. 2,60,000Rs. 2,60,000Rs. 5,20,000
Registration Fee (non-refundable)Rs. 2,500--Rs. 2,500
Total Fees (excluding hostel)Rs. 2,62,500Rs. 2,60,000Rs. 5,22,500

Hostel Fees (Optional, per year for 10 months)

HostelTypeHostel Fee (10 months)Refundable Security DepositTotal
G.R. Jani Boys Hostel (AC)BoysRs. 3,50,000Rs. 10,000Rs. 3,60,000
Anand Premises Boys (AC)BoysRs. 4,50,000Rs. 10,000Rs. 4,60,000
MKM Sanghvi Girls Hostel (AC)GirlsRs. 4,00,000Rs. 10,000Rs. 4,10,000
Bansi Villa Girls Residential Flats (AC)GirlsRs. 3,50,000Rs. 10,000Rs. 3,60,000
  • Fees for Batch 2026 will be declared at the time of admission. The above tuition fees are based on Batch 2025 data.
  • Registration fee of Rs. 2,500 is non-refundable and non-transferable.
  • Hostel accommodation is optional and not included in the total program fees.
  • Hostel security deposit of Rs. 10,000 is refundable upon completion of the course, subject to deductions for damages.
  • Refund of hostel fee: before commencement of course, Rs. 3,000 processing charges will be deducted; after commencement, no refund.
  • Refund of tuition fees follows UGC norms in case of withdrawal or cancellation of admission.
  • Fee payment is done via RTGS/NEFT as per the payment notice issued after selection.

NMIMS M.Sc. (SDS) Admission 2026

Admissions to M.Sc. (Statistics and Data Science) at NMIMS Mumbai for Batch 2026 are currently open. The selection process involves a two-stage process: an online written test (70 marks, 90 minutes) followed by a Personal Interview (30 marks). The written test for M.Sc. SDS includes aptitude-based MCQs and subject-specific MCQs covering Basic Statistics, Probability Theory and Distributions, Statistical Inference, Sampling Theory, Design of Experiments, and Operations Research. The final merit list is prepared based on combined scores.

Important Dates

Sr. No.EventDate
1Online Registration OpensWednesday, 11th March 2026
2Last Date of Online RegistrationSunday, 31st May 2026
3Last Date to Upload Documents on DashboardTuesday, 2nd June 2026
4Call Letters Available for Written Test (on candidate dashboard, after 5:00 PM)Monday, 1st June 2026
5Online Written TestWednesday, 3rd June 2026
6Call Letters Available for Personal Interview (on candidate dashboard, after 5:00 PM)Monday, 8th June 2026
7Personal Interview (details shared in call letter; common PI for M.Sc. ASA and M.Sc. SDS)17th, 18th and 19th June 2026
8Declaration of First Merit List (after 5:00 PM)Thursday, 25th June 2026
9Document Upload and Payment of Admission Fees (First Merit List)26th June to 2nd July 2026
10Program CommencementTuesday, 7th July 2026
11Closure of AdmissionThursday, 23rd July 2026
12Last Date to Submit Final Year Marksheet (for appearing candidates)30th September 2026

Entrance Exam Details

ExamConducting BodyModeMarksDurationAccepted For
NMIMS Written Test -- M.Sc. SDSNMIMS (NSoMASA)Online (Proctored)70 (MCQ)90 minutesM.Sc. Statistics and Data Science, NMIMS Mumbai
Personal InterviewNMIMS (NSoMASA)Offline (Mumbai Campus)30--M.Sc. Statistics and Data Science, NMIMS Mumbai

Note: No external entrance exam is required. Admission is entirely through NMIMS's own written test and personal interview. The Personal Interview is common for M.Sc. ASA and M.Sc. SDS candidates.

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

  • Bachelor's degree in Statistics from any recognized university/institute with a minimum of 50% aggregate marks.
  • OR Bachelor's degree with Statistics as one of the subjects in the final year with a minimum of 50% aggregate marks.
  • Candidates appearing in their final year examination are also eligible to apply; provisional admission will be given, subject to submission of final marksheet by 30th September 2026.
  • Candidates who have completed graduation through part-time, distance learning, correspondence, or open school from a recognized university are also eligible as per UGC guidelines.

Admission Process

  • Register online at www.nmims.edu and pay the non-refundable registration fee of Rs. 2,500.
  • Upload required documents (10th marksheet, 10+2 marksheet, degree marksheet/certificate) on the candidate dashboard by 2nd June 2026.
  • Receive call letter for online written test on the candidate dashboard (after 5:00 PM on 1st June 2026).
  • Appear for the online written test on 3rd June 2026.
  • Receive call letter for Personal Interview on the candidate dashboard (after 5:00 PM on 8th June 2026).
  • Appear for the offline Personal Interview at NMIMS Mumbai campus on 17th, 18th, or 19th June 2026.
  • Check first merit list on the candidate dashboard after 25th June 2026.
  • If selected, upload required documents and pay admission fees between 26th June and 2nd July 2026.

NMIMS M.Sc. (SDS) Scholarships 2026

NMIMS Mumbai offers scholarship support to M.Sc. Statistics and Data Science students through government schemes and institutional assistance. Students can avail of the Central Sector Scheme of Scholarships (Government of India) and the Mirae Asset Foundation Scholarship (need-cum-merit based), in addition to NMIMS's own merit and need-based financial assistance.

Scholarship Details

ScholarshipTypeAmount / BenefitEligibility
Central Sector Scheme of Scholarships (Government of India)Government / Merit-cum-NeedRs. 10,000 per annum (PG level)Indian nationals; family income below Rs. 8 lakh per annum; merit in qualifying exam
Mirae Asset Foundation ScholarshipNeed-cum-MeritVaries (partial to full fee support)Demonstrated financial need and academic merit
NMIMS Institutional ScholarshipMerit and/or NeedVariesBased on academic performance and financial need; declared at time of admission
Education Loan (Financial Assistance)Loan (not scholarship)As per bank normsAll admitted students; NMIMS facilitates through partner banks
  • Scholarship details and amounts for Batch 2026 will be declared at the time of admission.
  • Students are advised to check scholarships.gov.in for updated government scholarship details.
  • Education loan assistance is available through NMIMS's financial assistance portal at nmims.edu/education-loan.

NMIMS M.Sc. (SDS) Placement 2026

The NSoMASA placement cell actively facilitates final placements, winter projects, and summer internships for M.Sc. Statistics and Data Science students. Graduates are placed in roles spanning statistical modelling, data science, machine learning, risk analysis, and research across sectors including banking, insurance, FMCG, and consulting. Key recruiters include IDFC, Accenture, CRISIL, Union Bank of India, Unilever, Worley Parsons, Kotak Bank, Axis Bank, and SBI Life. The program's emphasis on tools like R Studio, Python, SAS, and SPSS, combined with a mandatory industry project semester, significantly enhances placement outcomes.

Placement Details

Placement StatisticDetails
Key RecruitersIDFC, Accenture, CRISIL, Unilever, Kotak Bank, Axis Bank, SBI Life, Union Bank of India
Roles OfferedData Scientist, Statistical Analyst, Machine Learning Engineer, Risk Analyst, Business Analyst, Research Analyst
Placement AssistanceFinal Placements, Summer Internships, Winter Projects
  • Course-specific placement statistics (average/highest package) for M.Sc. SDS are not separately published by NSoMASA. Students are advised to contact the placement cell at placement.somasa@nmims.edu for the latest placement data.

NMIMS M.Sc. (SDS) FAQs

Ques. What is the difference between M.Sc. Statistics and Data Science and M.Sc. Applied Statistics and Analytics at NMIMS?

Ans. M.Sc. Statistics and Data Science (SDS) is more focused on students with a Statistics background at the graduation level, and its curriculum blends traditional Statistics with Data Science tools like Machine Learning, Deep Learning, and Big Data. M.Sc. Applied Statistics and Analytics (ASA) has a broader eligibility (including non-Statistics graduates with Maths/Stats at 10+2) and focuses more on applied statistical tools across various sectors. The Personal Interview is common for both programs.

Ques. Is there any external entrance exam required for M.Sc. Statistics and Data Science at NMIMS Mumbai?

Ans. No. Admission is entirely through NMIMS's own online written test (70 marks, 90 minutes) and a Personal Interview (30 marks), both conducted by NSoMASA. No external exam like NPAT is required.

Ques. What is the structure of the M.Sc. Statistics and Data Science program, and what is the role of the 4th semester?

Ans. The program is spread over 4 semesters. The first three semesters cover Core Statistics, Applied Statistics, Data Science, and Programming Language courses. The 4th semester is entirely dedicated to an industry project, giving students hands-on experience in real-world data science problems. Mini-projects are also conducted in each of the first three semesters.

Ques. What software tools are taught in the M.Sc. Statistics and Data Science program?

Ans. The program provides hands-on training in MS Excel, R Studio, Python, SPSS, Base SAS, and SAS Predictive Modelling. These tools are widely used in the data science and analytics industry, making graduates highly employable.

Ques. What is the eligibility for M.Sc. Statistics and Data Science at NMIMS? Can students from non-Statistics backgrounds apply?

Ans. The program requires a Bachelor's degree in Statistics, or Statistics as one of the subjects in the final year, with a minimum of 50% aggregate marks. Unlike M.Sc. ASA, this program does not have a pathway for students from non-Statistics backgrounds at the graduation level.

Ques. What career opportunities are available after M.Sc. Statistics and Data Science from NMIMS?

Ans. Graduates can pursue careers as Data Scientists, Statistical Analysts, Machine Learning Engineers, Risk Analysts, Business Analysts, and Research Analysts across sectors including banking, insurance, FMCG, pharmaceuticals, telecom, and consulting. Companies like IDFC, Accenture, CRISIL, Unilever, Kotak Bank, Axis Bank, and SBI Life have recruited from this program. Graduates can also pursue higher studies or research in Statistics and Data Science.

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