Ishita is a graduate from King’s University College at Western University with a Honours B.A. in Economics and minor in Mathematics. Early on in her education, Ishita studied how central banks' actions define the economic landscape of a country. This made her interested in macroeconomic modelling. This interest is what motivated her to take on this particular research wherein she studied inflation forecasts which are fundamental to the monetary policy formulation in Canada. She is currently studying at the London School of Economics in a M.Sc. in Statistics program and hopes to pursue a doctoral program in Economics in the future.