Career In Statistics
In recent years, “Statistics” has came among the one of the best choices among students to choose as their career.
If you are also among one of them, then you are at the right place…. here we will explain you about career prospects in this field.
What is Statistics?
“Statistics is a term which relates to the study of the analysis, collection, presentation and organization of numerical data. Statistics can interpret aggregates of data which are too large to be understood by ordinary observation”.
Professionals, who use statistics to design, collect and interpret data in different fields of industry called “Statisticians”.
Statistics include the field of marketing, economics, biology, public health, sports, medicines and many others. Statistics is a branch of Mathematics.
Statistics can be used in scientific research field such as economics, medicine, demography, psychology, advertising, etc.
It is useful to insurance companies, banker, labour unions, politicians, social workers, trade associations, chambers, etc.
You can find a career in statistics by doing activities like solving problems in a various fields & apply statistical & mathematical knowledge to social, economic problems.
Branches of Statistics:
Descriptive Statistics: It uses the data to provide description of the population in a summarize way through graphs, numerical calculations, tables, etc.
Inferential Statistics: It uses a random sample of data taken from a population to describe and make inferences about the population.
Courses & Eligibility
What are the courses in this field?
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There are many courses available in this field from diploma level to postgraduate level. In India, many top universities offer courses in statistics which you can opt to make your career. Some best courses are mentioned below:
Certificate & Diploma courses:
- Certificate in Statistical Methods and Applications
- Diploma Courses in Statistics
Bachelor Courses:
- Bachelor of Arts (BA) in Statistics
- Bachelor in Statistics
- Bachelor of Science (Hons) in Statistics
Master Courses:
- Master of Arts in Statistics
- Master in Statistics
- Master of Science (Hons) in Statistics
Doctoral Courses:
- Master of Philosophy in Statistics
- PhD in Statistics
In these courses study, you will be taught about the basic concepts of logic, statistical reasoning, mathematics, evaluate data, analysis data & research methods.
Basic Eligibility: Students are eligible to apply for bachelor courses after 12th with Mathematics or Statistics as a compulsory subject. For admissions in master courses you should have a bachelor’s degree in statistics from any recognized university. Candidates seeking for admissions in doctoral courses must hold a masters degree like M.Stat, M.Sc in Statistics.
Skills Required:
- Strong Foundation in Mathematical Statistics
- Logical Thinking & Ability to Comprehend Key Facts
- Ability to Interact with peoples from various fields to understand the problems
- Strong Background in Statistical Computing
- Ability to stay updated on recent literature & statistical software
- Versatility in solving problems
Admission
Firstly, you should meet the eligibility criteria for the course. One of the premier institutions of India, Indian Statistical Institute (ISI) offers admissions on the basis of an admission test named ISI exam. List of other entrance exams organized by different universities for admission in Statistics is mentioned below:
- Aligarh Muslim University: Department of Statistics and Operations Research Entrance Exam (AMU 2021)
- Indian Statistical Institute Entrance Exam (ISI 2021)
- Delhi University 2021
- University of Pune Entrance Exam
- Kalinga Institute of Industrial Technology Entrance Examination (KIITEE 2021)
Top colleges which offer courses in this field are:
- Indian Statistical Institute, New Delhi
- Indian Statistical Institute, Bangalore
- Indian Statistical Institute, Kolkatta
- Xavier’s College, Ahmedabad
- University of Delhi, New Delhi
- Devi Ahilya Vishwavidyalaya: School of Statistics, Indore
- Aligarh Muslim University: Department of Statistics and Operations Research, Aligarh
Career & Jobs
What can you do with a Statistics Degree?
This career offers great job opportunities in India and also in abroad. The statisticians and their analytic skills are highly demanded in today’s job market.
You can use statistics in various fields such as business, industry, agriculture, government, private, computer science, scientific, health sciences & other disciplines.
After completing you study in statistics, you can also apply for the Civil Services, Indian Statistical Services & Indian Economic Services exams.
Those complete the degree, one can opt for finance, analytics, software development, actuarial science & many more options.
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With a degree in Statistics you can work in various fields such as Agriculture, Computer Science, Animal Population, Health Science, Census, automobile, pharmaceutical, computer software companies, etc.
Job Titles:
- Statisticians
- Business Analyst
- Mathematician
- Professor
- Risk Analyst
- Data Analyst
- Content Analyst
- Statistic Trainer
- Data Scientist
- Consultant
- Biostatistician
- Econometrician
Job Areas:
- Census
- Ecological
- Medical
- Election
- Crime
- Education
- Film
- Cricket
- Tourism
Recruiters:
- Deloitte Consulting
- TCS Innovations Labs
- Blue Ocean Marketing
- BNP Paribas India
- Neilson Company
- Accenture
- HP
- GE Capital
- HDFC
- Cognizant
- American Express
- RBI
- HSBC
- Indian Market Research Bureau
- Genpact
Duties of a Statistician:
- Collecting and analysing the data.
- To design experiments or surveys to collect the required data.
- Applying statistical methods to solve practical problems in business, science and other fields.
- Writing reports and articles of their analysis.
- Presenting results to clients or authorities.
Salary
“A Statistician earns a very handsome salary package in India and abroad.”
In India, the average salary of a statistician can be expected between Rs. 2.5 to 3.5 lacs per year. After gaining the sufficient experience in this field you can earn more than Rs. 4.5 lacs per year.
In the United States, you can easily earn an average salary of $70 k annually. Candidates with good experience and master degree in this field can earn a awarding salary packages.
Books & Study Materials
Here we have listed the best books to study Statistics:
Statistics by Freedman, Pisani & Purves
Modern Applied Statistics with S by Venables & Ripley
Probability and Statistics for Engineering and the Sciences by Devore
The Elements of Statistical Learning: Data Mining, Inference, and Prediction by Hastie, Tibshirani & Friedman
Bayesian Data Analysis by Gelman, Carlin
Probability and Statistics (4th Edition) by Morris H. DeGroot, Mark J. Schervish
All of Statistics: A Concise Course in Statistical Inference by Larry Wasserman
For any other queries regarding Career In Statistics, feel free to leave your queries below.
Sir … I have completed my BA in statistic .. Can i am able to do MSC in statistic or I have to do MA in statistic .
I have done bsc statistics I want to do Ms statistics in foriegn but iam confused about various courses in statistics which statistics will be suitable for software companies?
What are the opportunities in the statistics? And what are the scope of the statistician?
Dear sir,i completed BSc statistics.Now I want to write ASO exam,for that how can i prepare
Hey .. I am pursuing my masters from statistics and I want to know where I can apply for job after completing my masters ..
Hi sir I completed bsc stat then next I want to do job what jobs are prefer in bsc stat
As far as I’ve seen having the capability to do all sort of problems in various fields are important right. So what i wanna know is how can i understand them easily?how can i learn them? I couldn’t get a hold of it in the classes,what should i do?
Hello sir,I have completed my pg in statistics and I’m confused to how to start my carrier in which field I’m so depressed like how to start my carrier
hai sir,
i was done my masters in applied statistics.and my passed out year is 2019 ..
which field is better to get opportunities
Sir I just want to know that can I take statistics as a major subject if I have not taken the statistics subject in higher secondary
After completing degree bsc statistics what is the right option to select
I have done my msc in mathematics with 49.4%. I want to proceed my career in statistician. What should I do ?
I have done my msc in mathematics with 49.4%. I want to proceed my career in statistician. What should I do ?? Is there any diploma for became a statiscian? Pls let me know . And from which institute I have to do?
Hello sir , I am doing third year of bachelor.so after completing msc what should I do next ? Or can I start side work after bsc with doing master ? So please can you suggest what type of work can I do ?
I wanna know that what are the Carrer opportunities does the statistical field have (in specific government jobs )..after bachelor degree in statistics and after masters degree in statistics…
Suppose in 12th class our percentage is less,then after completion of our degree we will get good job or not
dear sir .I completed bsc.statistics.i want to write assistant statistics officer exam. For that how can I prepare and which topics are involved in these aso exam.
These aso exams will conduct every year or not?
i am pursuing BSc Statistics and i want to know what type of internships i can start from now and which kind of exams should i give to gain more knowledge.
I’ve completed bachelor degree in statistics..I am just waitin for my results..I’ve applied for msc statistics in various campus..but actually I am confused that what to do next? and I am not aware of various fields in statistics
I am a MPC student completed my 12th in a CBSE school.Now I want to study BSc stat in either andhra or telengana.I do want to know are there any colleges which can accept me through my Board examination results[92%]? please help me
I am a pure science student in 12.whether I am able to pursue my higher education in statistics
What is the exam pattern of isi entrance examination for b.stat and b.math.