MSDSM IIM Indore and IIT Indore

What MSDSM IIM Indore and IIT Indore does

MSDSM is a joint academic degree programme—the Master of Science in Data Science and Management—offered by IIT Indore and IIM Indore under an MoU signed in 2021. The 2-year, six-trimester programme targets working professionals and recent STEM graduates seeking dual expertise in data science and management, with a capacity of up to 200 candidates per cohort. The curriculum is structured around four pillars (Data, Enterprise Strategy, Technology, and People) and is delivered through a blended learning model: 14-15 hours per week of live online lectures (evenings and Saturdays) plus a mandatory 30-day on-campus immersion split between both institutes. The 900-hour curriculum is finalised by a project in the sixth trimester.

The programme's core "technology" is its integrated curriculum, which combines IIT Indore's technical rigour (machine learning, AI, programming, statistics, database management, optimisation) with IIM Indore's management education (organizational behaviour, operations, marketing, finance, HR, strategy, business ethics). A proprietary OMR-based entrance exam—DMAT (Data Science and Management Aptitude Test)—supplements accepted scores from CAT, GATE, GMAT, GRE, and JAM. Selection is conducted by a joint admission committee of faculty from both institutions. The blended online + on-campus delivery is the main operational platform, built atop existing academic infrastructure at both institutes.

The revenue model is tuition-based. Indian participants pay INR 14.4 Lakhs and international participants pay INR 15.6 Lakhs, both collected in three equal instalments across the six trimesters. Application fees are INR 1,770 (Indian, score-based) or INR 2,360 (Indian, DMAT) and INR 2,300 / INR 2,890 for international applicants. The go-to-market is direct-to-consumer via the programme's official website, online application portal (msjpapply.iiti.ac.in), webinars, downloadable brochures, and email enquiry channels. There are no intermediaries, channel partners, or B2B distribution. The primary customer segment is mid-career professionals in India who need dual data-science and management fluency, with a secondary segment of recent STEM graduates; the programme is also positioned to accept international (OCI/PIO/NRI) students.

Name

MSDSM IIM Indore and IIT Indore

Legal name

Master of Science in Data Science and Management (MSDSM) - Joint Programme of IIT Indore and IIM Indore

Website

https://msdsm.iiti.ac.in

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

1–10 employees

Short description

The Master of Science in Data Science and Management (MSDSM) is a 2-year joint degree from IIT Indore and IIM Indore, delivered via blended online and on-campus learning. It targets working professionals and recent STEM graduates, combining data science/ML training with management education for cohorts of up to 200 students.

Ownership category

akta.pro rank

Product category

Higher Education

NAICS

Professional and Management Development Training (61143), Computer Training (61142), Educational Support Services (61171)

SIC

Services-Educational Services (8200)

akta.pro industry

PRIMARYEDAFAAAD

Compliance, Certification & Continuing Education LMS

Education/Education Technology (EdTech) & Digital Learning/Learning Management Systems (LMS) & Learning Experience Platforms (LXP)

SECONDARYEDAFAAAA

Core LMS Platforms (Academic & Corporate)

Education/Education Technology (EdTech) & Digital Learning/Learning Management Systems (LMS) & Learning Experience Platforms (LXP)

Keywords

• Higher education programme
• Data science education
• Management education
• Joint degree programme
• Blended learning

Headquarters

HQ city

Indore

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Tuition Fee - Indian Participants: INR 14.4 Lakhs total programme fee for Indian participants, collected in three equal installments across six trimesters. First installment covers trimesters 1 and 2, second covers trimesters 3 and 4, third covers trimesters 5 and 6.
2. Tuition Fee - International Participants: INR 15.6 Lakhs total programme fee for international participants, collected in three equal installments across six trimesters.
3. Application Fee - Standard: INR 1770 (including GST) for Indian applicants and INR 2300 (including GST) for international applicants who are using CAT/GATE/GMAT/GRE/JAM scores for admission. Non-refundable.
4. Application Fee - DMAT: INR 2360 (including GST) for Indian applicants and INR 2890 (including GST) for international applicants who intend to appear in DMAT. Non-refundable.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

The MSDSM programme is a 2-year Master of Science degree in Data Science and Management jointly offered by IIT Indore and IIM Indore. It is delivered in a blended learning format combining live online lectures (14-15 hours per week) with mandatory on-campus immersion modules (30 days) at both partner institutions. The 900-hour curriculum spans six trimesters covering data science, technology, enterprise strategy, and people management, culminating in a research project in the final trimester.

Product overview

MSDSM IIM Indore and IIT Indore operates as a joint academic programme offering a single unified degree: the Master of Science in Data Science and Management. The programme is structured across six trimesters, combining foundational business knowledge from IIM Indore with technical data science expertise from IIT Indore. The primary product is the MSDSM degree programme itself, with an associated entrance examination (DMAT) for admissions. The programme employs a blended learning model combining online live lectures with periodic on-campus modules at both institutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Master of Science in Data Science and Management (MSDSM) Programme A 2-year Master's degree programme jointly offered by IIT Indore and IIM Indore, delivered in blended learning mode with 14-15 hours per week live lectures and 30 days of on-campus immersion. The programme covers foundational business knowledge, analytical expertise, and technical skills across six trimesters, culminating in a project in the final trimester. Targeted at working professionals and recent graduates seeking dual expertise in data science and management.
• Data Science and Management Aptitude Test (DMAT) An entrance examination conducted jointly by IIM Indore and IIT Indore for admission to the MSDSM programme. The OMR-sheet based test includes Quantitative Ability and Data Interpretation and Logical Reasoning sections, lasting 90 minutes. Conducted in two phases at IIT Indore campus.

Quantifiable outcome

• 900 hours of total learning across six trimesters (Data, Enterprise Strategy, Technology, People pillars)
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• IIT Indore (Indian Institute of Technology Indore)coreStrategic or Co-development PartnerIIT Indore is the lead institution and degree-awarding partner in the joint MSDSM programme. Established in 2009, IIT Indore provides the technical and data science curriculum components including programming, data structures, machine learning, AI, database management, statistics, and research methodology. The institute contributes its academic proficiency, faculty expertise, and campus infrastructure (Khandwa Road, Simrol, Indore, MP) for the programme.
• IIM Indore (Indian Institute of Management Indore)coreStrategic or Co-development PartnerIIM Indore is a degree-awarding partner in the joint MSDSM programme, contributing management education components including managerial economics, organizational behavior, operations & supply chain management, marketing management, financial management, HR management, strategic management, business ethics, and legal aspects of business. Established in 1996 and recognised under the Indian Institutes of Management Act, 2017 as an institution of national importance. Ranked Top 100 in FT Rankings 2021 and 25th in QS Asia MBA Rankings. Located at Prabandh Shikhar, Rau-Pithampur Road, Indore, MP.

Scale indicators6 records

Recent moves5 records

Expansion highlights4 records

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/msdsm-iim-iit-indore

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MSDSM IIM Indore and IIT Indore