Statistics is a part of mathematics that includes analysis, collection, presentation and interpretation of the numerical data. Statistics enables the economists and statisticians to predict business trends, demographic patterns and market behavior. Different branches of statistics include tourism statistics, election statistics, crime statistics, medical statistics, census statistics, oil statistics, cricket statistics, job-seekers statistics, ecological statistics, education statistics, labor statistics, market statistics, film statistics, population statistics, and accident statistics.

 

A person who specializes in this field is known as a statistician. Statisticians gather, verify and understand the data and use the same to solve problems in a broad range of fields.

Objectives: -

 

  • To make prediction for certain processes
  • To provide exact data in different fields such as medicine, engineering etc.
  • To help in the development of the nation through the skills developed through practice and study.


List of Courses: -

 

  • Diploma Course in Statistics    
  • Bachelor of Statistics (Honours)
  • Bachelor of Science (Hons) in Statistics
  • Master of Statistics
  • Master of Science (Hons) in Statistics
  • Post Graduate Diploma in Acturial Science
  • Master of Philosophy in Statistics

Basic Eligibility

UG:

 

For admission in to bachelor’s degree, the candidate must have passed the higher secondary school certificate (10+2) examination with science subject such as (biology, maths and chemistry).  The duration for this course is 3 years.


PG:

 

The eligibility criteria for pursuing a master’s degree are holding a bachelor's degree with science subjects such as (biology, maths and chemistry). The duration for this course is 2 years.


Specializations

Some of its specialized fields are: -

 

  • Data analysis
  • Biostatistics
  • Chemo metrics
  • Actuarial science
  • Business statistics
  • Applied information economics
  • Bootstrap & Jackknife Resampling

Job Prospects

There is a lot of scope in this field for young aspirants. Skilled professional in this field will find employment opportunities in public sector and in financial institutions.  Working in a private firm is another option. Professionals in this career can also opt for teaching jobs in universities, colleges and in statistical research.


Statisticians working in survey department gather information from particular section and publish results  for the whole population. Surveys conducted on a range of issues such as political candidate during elections, or issues related to the general public. Statistician can also seek employment in business field, sports statistician, scientific research, and medical statistician.

Other sectors where statisticians get employed: -

 

  • Statistical and Economic Bureaus
  • Institute of Applied Manpower Research (IAMR)
  • Institutions associated with socio-economic research
  • Banks and public-sector,
  • Planning Commission,
  • Indian Council of Medical Research (ICMR)
  • National Council of Applied Economic Research (NCAER).


Remuneration: -

Statistician's income mostly depends upon their qualifications and experience. For those who want to pursue a career in statistics, their initial salary starts from 3, 00,000 to 4, 75,000 per annum. Those who are in senior positions holding designations such as econometrician/statistician, statistical analyst get salary around Rs. 6 00,000 – 9, 50,000 per annum. Statistician working in universities and colleges get more income compared to other faculty members.

 Job Titles: -

 

  • Biometrician
  • Econometrician
  • Biostatistician
  • Epidemiologist
  • Research Analyst

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