MSc Quantitative Economics entrance: Indian Statistical Institute

ISI conducts its entrance in April and has two papers:

  • Paper 1: Focuses on Mathematics and Statistics
  • Paper 2: Focuses on Microeconomics and Macroeconomics

Paper 1: The first step in preparing for any entrance is to go through the past year papers (you can access it from For this section of ISI entrance, you may realize that ISI focuses on 11th and 12th class mathematics. Therefore, the first step in going about this section is to brush up on your school level concepts. I would further recommend readers to take up some Engineering entrance preparation book and solve questions from there. Do not go to IIT level questions, just focus on AIEEE kind of questions. Students may also see the past years of BSc Math entrance conducted by ISI. An excellent reference book is “TEST OF MATHEMATICS AT THE 10+2 LEVEL” published by Affiliated East-West Press Pvt. Limited. It is a collection of past 20yrs B.Stat Entrance questions which are very similar to the ones asked in MSQE entrance.

Continue reading MSc Quantitative Economics entrance: Indian Statistical Institute


I am sure many would have already read this poem, but anyway, it is always good to share something as inspiring as this poem!

When things go wrong as they sometimes will,
When the road you’re trudging seems all uphill
When the funds are low and the debts are high,
And you want to smile, but you have to sigh,
When care is pressing you down a bit —
Rest if you must, but don’t quit.

Life is strange with its twists and turns,
As every one of us sometimes learns,
And many a fellow turns about
When he might have won had he stuck it out.
Don’t give up though the pace seems slow —
You may succeed with another blow.

Often the goal is nearer than
It seems to a fair and faltering man,
Often the struggler has given up
When he might have captured the victor’s cup,
And he learned too late when night came down,
How close he was to the golden crown.

Success is failure turned inside out —
The silver tint of the clouds of doubt,
And you never can tell how close you are,
It may be near when it seems afar,
So stick to the fight when you’re hardest hit, —
It’s when things seem worst that you mustn’t quit.

Author: Unknown

Marriage vows

Following are the “vachaans” a bride is supposed to make on her marriage (in the brackets, “modern interpretation” of the vachaans):

  1. Never go out home alone (you must not forget to take wallet, mobile phone)
  2. Whatever the husband says, you must obey (train your husband so well that he never says/demand anything that you object!)
  3. If you see an unknown man coming to your direction, you shall either change your way or move ahead after the man has left (now, that is basic traffic sense!)
  4. You should not visit your father’s house till you are ‘invited’ by them.

These are the vows Shiva had asked Parvati when they were getting married. Similarly, Parvati had asked for 7 vows from Shiva. I found these marriage vows somewhat obsolete and biased (against both the bride and the groom). I could not understand how a couple start their lives by taking vows which both of them know will not be followed for even a day. People say that they do it as part of formality and they do not put any significance to these rituals. If this is so, what is the essence of performing them?