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About


Definition

Statistics: the only science that enables different experts using the same figures to draw different conclusion. ~Evan Esar Statistics is a branch of mathematics dealing with the collection, analysis, interpretation, presentation, and organization of data. The two main statistical methods used in data analysis are:
  • Descriptive statistics: One which summarizes the data from a sample using indexes such as the mean or standard deviation.
  • Inferential statistics: One which draws conclusions from data that are subjected to random variation (e.g., observational errors, sampling variation).

Career Path


B.A. Statistics/ B.A. (Hons.) Statistics/ Bachelor of Statistics (Honors) [B.Stat (Hons)]/ B.Sc. (Statistics)/ B.Sc (Actuarial Science)
Level
Under-Graduate
Duration
3 years
Eligibility
10+2 with mathematics, Some colleges ask for a minimum percentage in 10+2
Entrance Exam
Every institution/college conducts their own entrance tests. Some of them take direct admissions on ...
Specialization
--
Average Fee
₹40,000 to ₹3,00,000
Mode
Regular/Distance
Goal
Finance Analyst, Statisticians, Business Analyst, Professor, Data Scientist, Statistic Trainer, Cons...
Master of Statistics (M. Stat.)/M.Sc. (Statistics)
Level
Under-Graduate
Duration
2 years
Eligibility
a three-year Bachelor’s degree or a B.E./B. Tech. degree with Statistics as a full-time subject, o...
Entrance Exam
Some colleges conduct their own entrance exam.
Specialization
--
Average Fee
₹80,000 to ₹3,00,000
Mode
Regular/Distance
Goal
Statistician, Business Analyst, Professor, A research career in Statistics, Mathematics, Economics,...
M.Phil.(Statistics)
Level
Pre-Doctorate
Duration
1-2 years
Eligibility
M.Sc., (Statistics with Computer Applications) or M.Sc., (Statistics) degree course with a minimum o...
Entrance Exam
--
Specialization
--
Average Fee
₹40,000 to ₹3,00,000
Mode
Regular/Distance
Goal
Financial Analyst, Statisticians, Business Analyst, Professor, Data Scientist, Statistic Trainer, C...
Ph.D.(Statistics)
Level
Doctorate
Duration
3-6 years
Eligibility
M.Sc., (Statistics) degree course with a minimum of 55% marks in aggregate. The percentage of marks ...
Entrance Exam
--
Specialization
--
Average Fee
₹40,000 to ₹3,00,000
Mode
Regular
Goal
Market Research companies, Governmental Statistical Service (GSS), Office for National Statistics (O...

Colleges


  • Aligarh Muslim University, Aligarh, Aligarh
  • Annamalai University, Tamil Nadu, Tamil Nadu
  • Babu Banarasi Das University, Lucknow, Lucknow
  • Delhi University (DU), New Delhi, New Delhi
  • Hindu College, New Delhi
  • Indian Institute of Technology (IIT), Kanpur, Kanpur
  • Indian Institute of Technology Bombay, Mumbai
  • Indian Statistical Institute (ISI), Bengaluru, Bengaluru
  • Indian Statistical Institute, Kolkata, Kolkata
  • Indira Gandhi National Open University (IGNOU), New Delhi
  • Loyola College, Chennai, Chennai
  • Madras Christian College, Chennai, Chennai
  • Manipal University, Manipal, Manipal
  • Manonmaniam Sundaranar University, Tamil Nadu, Tamil Nadu
  • Pondicherry University, Pondicherry, Pondicherry
  • University of Mysore, Mysore
  • Vinayaka Missions University, Tamil Nadu, Tamil Nadu

Top Colleges


Key Skills


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Analytical Skills
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Communication Skills
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Decision Making skills
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Detail Oriented
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Dexterous & Alert
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Flexibility
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Mathematical Aptitude
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Passion for learning
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Problem Solving

Career Prospect

  • Statistician
  • Business Analyst
  • Data Scientist
  • Statistic Trainer
  • Consultant
  • Biostatistician
  • Econometrician
  • Professor

Scope

  • Pharmaceutical Companies - Ranging From Small Local Firms To Large National And International Companies
  • Higher Education Institutions
  • Operational And Scientific Research Establishments
  • Contract Research Organizations
  • Public Sector Research Organizations (Such As The Health Protection Agency And The World Health Organization)
  • Regulatory Authorities
  • Market Research Companies
  • Manufacturing And Service Companies
  • Investment Companies And Banks
  • Insurance Companies
  • National Health Service

Pay Package

  • The pay in this field varies according to knowledge and experience. One could get an initial pay of ₹20,000 to ₹50,000 per month.

Role Models


CR Rao

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CR Rao- Calyampudi Radhakrishna Rao, known as C R Rao is an Indian-born, naturalized American, mathematician, and statistician. He was awarded the Guy Medal in Gold (2011) of the Royal Statistical Society. He was also awarded the India Science Award, 2010 (the highest award in a scientific field presented by the government of India). He even won the International Mahalanobis Prize (2003) of the International Statistical Institute. Rao has received 38 honorary doctoral degrees from universities in 19 countries around the world and numerous awards and medals for his contributions to statistics and science. He is a member of eight National Academies in India, the United Kingdom, the United States, and Italy. Rao was awarded the United States National Medal of Science, that nation's highest award for lifetime achievement in fields of scientific research, in June 2002. He was given the India Science Award in 2010, the highest honour conferred by the government of India in scientific domain. In 2013, he was nominated for the Nobel Peace Prize

Raj Chandra Bose

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Raj Chandra Bose- He was an Indian American mathematician and statistician best known for his work in design theory, finite geometry and the theory of error-correcting codes in which the class of BCH codes is partly named after him. He also invented the notions of partial geometry, strongly regular graph and started a systematic study of difference sets to construct symmetric block designs. Bose's course changed in December 1932 when P. C. Mahalanobis, director of the new (1931) Indian Statistical Institute, offered Bose a part-time job. Mahalanobis had seen Bose's geometrical work and wanted him to work on statistics.

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