M.Sc Statistics

Best M.Sc Statistics College in Dehradun

Statistics is the grammar of science – Karl Pearson

Statistician

Investment Analyst

Service Estimator

Cost Estimator

Best M.Sc Statistics College in Uttarakhand, India

Master of Science in statistics or MSc statistics is a postgraduate statistics program. It is about the study of the collection, organization, and interpretation of information. It contends with all factors of course which includes the planning of data collection in terms of the layout of surveys and experiments. The period of MSc in Statistics is mainly 2 years which is equally divided into 4 semesters. This program aims to train the candidates to clear up actual global statistical problems. The MSc statistics syllabus consists of subjects like Computational statistics, Statistical machine learning, and the essential principles of Statistical Inference. It is affiliated with HNBGU which is a well-known university that affiliates with many other colleges. Postgraduates of MSc statistics get jobs in consultancies or in roles that require observing human beings’ preferences and tendencies. Marketing, Finance, and Data Metrics are different areas of employment. MSc in data is a complicated course handling the evaluation and interpretation of statistics that is desirable for mathematical programs.

MSc statistics give the scholars an amalgamation of know-how on theoretical and implemented ideas of facts in a much wider spectrum.

In addition, it intends to impart recognition of the significance of the conceptual framework of facts across varied fields and to offer practical training on the applications of statistical techniques.

Best M.Sc Statistics College in Dehradun Uttarakhand India

The course curriculum has been designed in any such manner to cater to the desires of stakeholders to get placements in industries and institutions.

As an educational discipline, statistics is a department of mathematics and lays crucial emphasis on the standards and processes concerned in gathering and decoding statistical facts. As critical areas for collecting statistical facts, topics of study including Social Sciences, Finance and Econometrics are included in this course. Having a MSc in statistics can confer a candidate with the abilities and expertise to work with the government and assist in monitoring and controlling price rise and fluctuations. A career in teaching will become an awesome possibility with this degree.

After the entirety of this path, candidates ought to be capable of choosing the ideal statistical method to clear up given trouble of statistics analysis, implement the analysis on a computer, and could talk about outcomes clearly and succinctly.

MSc statistics candidates can locate jobs in numerous finance organisations, data centres, government workplaces and so on.

M.Sc Statistics Syllabus

Why BFIT?

BFIT located within the capital of Uttarakhand has a lush green campus and serene surroundings, far from the distraction and noises of the metropolis existence providing a pleasant place for a student to concentrate on his/her research. The curriculum is designed in a bendy way which gives the students training classes except for lecture room teachings. The candidates additionally get to have interaction with the experts from the sphere in the form of seminars and conferences. The faculty of the department maintain the scholars effectively via assigning them informative tasks and missions which could also be beneficial for their career in advance. 

BFIT, one of the best M.Sc Statistics College in Dehradun Uttarakhand India, provides quality facilities to the scholars so that they end up experts in that field. The Institute also attempts to inculcate the following traits that are necessary for a statistics degree holder- 

  • Capacity to resolve troubles mathematically
  • Expertise in the subject
  • Collaboration and teamwork skills
  • Analytical talents and trouble solving traits.

Msc Statistics Course Fee

Candidates will be admitted on the basis of AIBFEE (M.Sc. Statistics).
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Admission Process

Admission in Post Graduate Course- M.Sc Statistics is based on Percentage of the graduation marks / AIBFEE Exam / GD-PI.

Best M.Sc Statistics College in Dehradun Uttarakhand India

M.Sc Statistics Eligibility

  • Minimum qualification required is graduation with science from any recognized university
  • Minimum percentage required is 40% for GEN/OBC and 35% for SC/ST.

M.Sc Statistics Scope in India

In this digitalized world, data performs a critical function and statistics is the key to study from facts and navigate usual issues.

Statistics-related work are both in government and private departments. Candidates also can expand their abilities in statistics through work placements and internships and in sectors which include marketplace research, financial services, operational research, banking sectors and so on.

Aspirants inside the area of statistics can locate job openings in Indian Statistical services, Insurance industries, Agricultural research, Banks, Demographic studies, Indian economic services, Statistical & economic Bureaus, planning commission, Civil services and research, etc.

Some of the job profiles for M.SC Statistics candidates are:

Statistician: Employee’s duty is to help corporations to understand quantitative data and to identify developments and make predictions by way of collecting numerical data and then display it.

Investment Analyst: The process of an Investment Analyst is to provide stockbrokers, fund managers, and stock market traders with economic facts and to present advice and recommendations derived from worldwide investment facts.

Service Estimator: The Estimator gathers proposals, blueprints, specifications, and associated files. They are answerable for identifying labor, material and time necessities. Additionally, they calculate expenses through studying labor, material, and time necessities.

Cost Estimator: They acquire and examine records to estimate the money, substances, time and labor required to make a product, construct a building, or offer a carrier. They commonly concentrate on a specific industry/ product.

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The average salary after M.SC Statistics is INR 3 LPA7 LPA for a fresher.

Candidates after M.SC Statistics can choose a MPhil and a PhD in Statistics as their higher studies.

The major job profiles for the candidates after M.SC Statistics are:

  • Statistician,
  • Investment Analyst,
  • Arithmetician,
  • Online Tutor,
  • Subject Matter Expert,
  • Assistant Professor,
  • Statistical Investigator.

Minimum percentage required is 40% for GEN/OBC and 35% for SC/ST.

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