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Indian Statistical Institute (ISI) is an academic institute of national importance as recognized by a 1959 act of the Indian parliament. It grew out of the Statistical Laboratory set up by Prasanta Chandra Mahalanobis in Presidency College, Kolkata. Established in 1931, this public university of India is one of the oldest and most prestigious institutions focused on statistics, and its early reputation led it to being adopted as a model for the first US institute of Statistics set up at the Research Triangle, North Carolina by Gertrude Mary Cox.
Shivaji University, established in 1962, is named after the Great Maratha Warrior and founder of the Maratha empire Chhatrapati Shivaji Maharaj. It was inaugurated on 18th November, 1962 by Dr. Radhakrishnan, the then President of India. One of the major objectives behind foundation of this University was to cater to the regional needs of South Maharashtra. The jurisdiction of the University is spread over three districts viz. Kolhapur, Sangli and Satara with strength of about 3,00,000 students studying in 280 affiliated colleges and recognised institutes. This region of Maharashtra boasts of rich and varied socio-cultural heritage. Under the innovative and socially reformist leadership of Chhatrapati Shahu Maharaj, the princely ruler of Kolhapur, the city had become at the beginning of this century, a focal point of educational opportunities for all classes and communities of South-Western Maharashtra, and northern parts of neighbouring Karnataka. This is also land of Karmaveer Bhaurao Patil, who struggled for taking education to the masses by his innovative 'Earn and Learn' scheme. When the University was founded by the Shivaji University Act of 1962, the objectives set before the University included making opportunities of higher education accessible to rural youth, conducting fundamental and applied research in the field of science and humanities to ensure regional growth and development.
In 1962 the University started functioning with 34 affiliated colleges and about 14000 students with 5 Post-graduate Departments on the campus. Today the number of affiliated colleges has gone upto 280 and students strength upto 3,00,000 with 34 Postgraduate Departments on campus. The University imparts education in 10 major faculties of Arts, Social Science, Science, Commerce, Education, Fine Arts, Law, Medicine, Ayurvedic Medicine, Engineering and Technology.
IEM opens up the doors of young minds who dare to dream. It encourages the spirit of free enquiry and imagination. Here dreams take Shape. The Institute tries to indicate the sense of human values and discipline to make students respectful towards human being, realise and demonstrate their best potential and be a winner in life. The Institute is affiliated to WBUT. B.Tech., M.Tech., MBA courses are under AICTE, Govt. of INDIA.