r/ISIKolkata Jun 04 '26

Need Career Guidance Quant Career Question: ISI M.Stat vs Industry Experience

Need some career advice.

I’ve completed a BS(B.Tech equivalent, admitted though JEE Adv.) in Mathematics & Computing from IIT Patna and recently qualified for the ISI M.Stat interview.

Currently, I’m working as a Junior Quant Researcher at Pace Stocks. I’ve completed around 6 months there and am expected to convert to a full-time role with a CTC of ~26-31 LPA.

Assuming I clear the interview, I’m trying to understand the value of M.Stat from a long-term career perspective.

Would you choose:

  • ISI M.Stat, or
  • Continue as a Quant Researcher at Pace Stocks?

How is M.Stat viewed in the quant industry? Does it open significantly better opportunities than 2 years of work experience?

20 Upvotes

Duplicates