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Statistics Science

Statistics is the study of the collection, organization, analysis, interpretation and presentation of data. It deals with all aspects of this, including the planning of data collection in terms of the design of surveys and experiments.

 

Statistics is one of the important area and course of mathematics.   Statistics are used everywhere, We see statistics in use every day, statistics is used to answer important and practical questions. Statistics appears in almost all areas of science, technology, research, and wherever data is obtained for the purpose of finding information. Statistics has been described as the sciece of making conclusions in the presence of uncertainty.

 

Objective:

  • To promote the study and dissemination of knowledge of Statistics, to develop statistical theory and methods, and their use in research and practical applications generally, with special reference to problems of planning of national development and social welfare.
  • To undertake research in various fields of natural and social sciences, with a view to the mutual development of Statistics and these sciences.
  • To provide for, and undertake, the collection of information, investigation, projects and operational research for purposes of planning and the improvement of efficiency of management and production.

 

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:
Under Graduation (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.

Post-Graduation (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:-

  • Actuarial science
  • Biostatistics
  • Environmental statistics
  • Chemo metrics
  • Business statistics
  • Applied information economics

 

Job Prospects:
There is a lot of scope and opportunity in this field. Skilled professional in this field will find employment opportunities in public sector and in financial institutions.Professionals in this career can also opt for teaching jobs in universities, colleges and in statistical research.

 

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 2,50,000 to 5,80,000 per annum. Those who are in senior positions holding designations such as econometrician/statistician, statistical analyst get salary around Rs. 6 00,000 – 10,00,000 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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