Statistics involves putting mathematics to scientific use in the
form of data collection, analysis, comparison, interpretation and presentation.
The knowledge of statistics is used to design, collect, and interpret data
experiments surrounding many different fields of industry. This includes fields
of economics, psychology, medicine, marketing, public health, biology, sports,
social media and others. Military considerations also use statistical
procedures for approval of certain strategies and sanctions.
Statisticians use
sampling tools and techniques to determine sizes of relative populations and demographics.
This process is achieved by surveying sample population. They determine the
size of group and sampling methods for carrying these samples out. After this
they design various tools to collect the data such as questionnaire and
interview methods to carry on the survey further. Finally, statisticians
summarize, analyze, and interpret the resultant data.
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
Eligibility
For admission in to
bachelor’s degree program, you need to have a 10+2 examination certificate with
science subject such as (physics, math and chemistry). The duration of
this course is 3 years.
For pursuing a
master’s degree you should have a bachelor's degree with science subjects such
as (physics, math and chemistry). The duration for this course is 2 years.
Specializations
Some of its specialized fields are: -
- Actuarial
science
- Applied
information economics
- Biostatistics
- Bootstrap
& Jackknife Resampling
- Business
statistics
- Chemo
metrics
- Data
analysis
Career Prospects
The field of statistics has many opportunities for young aspirants. Skilled
professional in this field will find employment opportunities in automobile,
pharmaceutical, or computer software companies in trial testing and product
evaluation. Apart from development, statisticians are also involved with the asset,
liability, and risk management, manufacturing and marketing departments of
firms.
Many government organizations and
agencies hire statisticians to evaluate population, demographic, and economic
measurements. Many other environmental, scientific, and agricultural agencies
hire statisticians for similar type of work in their respective fields.
Some sectors where statisticians get employed: -
- Banks and public-sector,
- Indian Council of Medical Research
(ICMR)
- Institute of Applied Manpower
Research (IAMR)
- Institutions associated with
socio-economic research
- National Council of Applied
Economic Research (NCAER).
- Planning Commission,
- Statistical and Economic Bureaus
Remuneration: -
Statistician's salary depends upon their qualifications and experience. A fresh
graduate can earn anywhere between 15,000 to 20,000 per month. Those who are in
senior positions holding designations such as econometrician/statistician,
statistical analyst etc can earn anywhere between Rs. 50,000 – 75,000 per month.
Statistician working in universities and colleges get more income compared to
other faculty members.
Some Job Titles: -
- Biometrician
- Econometrician
- Biostatistician
- Epidemiologist
- Research Analyst
Top
Colleges of Statistics
1. Indira Gandhi Institute of Development Research
(IGIDR): www.igidr.ac.in.
2. Delhi School of Economics and Political Science, New Delhi
3. Institute of Economic Growth
4. Center for Economic and Social Studies, Hyderabad
5. Institute for Economic and Social Change, Bangalore
6. Cochin University of Science and Technology (CUSAT)
7. Indian Statistical Institute
8. Indian Statistical Institute, 203, Barrackpore Trunk Road, Kolkata –700108.
(Website www.isical.ac.in)
9. Nelson Manickan Road, Aminjikarai, Chennai – 600 029.
10. Indian Statistical Institute, SQC & OR Unit, Chatean D’ Ampa (1st
Floor), 110
11. Indian Statistical Institute, Delhi Centre, 7, Near Qutab Hotel, Opp.
Katwaria Sarai, New Delhi –110 016.
12. Indian Statistical Institute, Bangalore Centre, 8th Mile, Mysore Road, R.V.
College Post, Bangalore – 560 059.
13. Indian Statistical Institute, SQC & OR Unit, Street No. 8, Habshiguda,
Hyderabad – 500 007.
