Post Graduate Teaching Department of Statistics came into existence in the year 1976 under the leadership of Late Dr. B.S. Fadnis, the then head, Department of Mathematics. The Department made a significant progress within a few years. In the year 1979, Late Dr. A.B. Buche, a distinguished personality in the field of Stochastic Processes and Functional equations joined the department as the first Professor and Head. After Dr. Buche, Dr. Mrs. M. V. Khaparde, Dr. S. P. Kane and Dr. P.G. Khot worked as Head of the Department.
Faculty members of the department have completed two major Research Projects and one minor Research Project. The faculty members of the department are carrying out research work in the different fields of statistics. The department is active in updating the curriculum and encouraging research.
Different fields of Statistics in which research is being carried out includes Stochastic Processes, operations Research, Applied Probability Theory, Statistical quality control, Randomized clinical trails. Faculty members of the department are actively involved in various academic activities Nationally and Internationally.