What are the jobs after BSc in statistics?
BSc Statistics Scope Abroad
- Statisticians.
- Business Analyst.
- Mathematician.
- Professor.
- Risk Analyst.
- Data Analyst.
- Content Analyst.
- Statistic Trainer.
BSc Statistics is a bachelor's degree course that revolves around Statistics and enhances problem-solving skills and mathematical comprehension essential for statistical analysis and tackling statistical problems.
BSc Statistics includes a detailed study of topics from Math and Economics. It is a 3–4-year course with two semesters per year, i.e., 6-8 semesters in total.
A student pursuing BSc Statistics can expect job positions like Statistician, Risk Analysis, Actuary Manager, etc., from companies like Cognizant, IBM, Infosys, etc. The average salary ranges from INR 450000 – 800000 per annum and increases with time and experience.
Given below are a few important points that a student must keep in mind while opting for BSc Statistics.
Course |
Bachelor of Science in Statistics |
Course Duration |
3-4 years |
Semesters |
6-8 semesters |
Graduation Type |
Undergraduate |
Admission Requirements |
Completed class 12th with subjects Physics, Chemistry and Maths |
Course Fee |
INR 2000 – 10 lacs |
Areas of Employment |
Financial Institutes and Banking Sector |
Salary |
INR 450000 to 800000 per annum |
Job Options |
Statistician, Risk Analysis, Actuary Manager, etc. |
As discussed earlier, BSc Statistics involves a detailed study of subjects from mathematics and economics. Thus, BSc Statistics covers many topics and hosts electives to choose from. Mathematicians, computer scientists and philosophical scientists enter questions and apply their procedures for statistics.
Some of the subjects to expect during the study of BSc Statistics are:
Subjects |
Topics |
Algebra |
Topics of vectors, matrices, equations, systems of equations, eigenvalues, linear independence, spans, orthogonality that are broadly discussed are included. |
Calculus |
This forms the basis of a lot of interrelated topics in a BSc Statistics program. Functions, limits, derivatives, exponents, logarithms, differentiation, and integration along with their various applications, series, are a few of the sub-topics which are dealt with during the study of calculus. |
Proofs and Problem Solving |
The technique of solving is the essence of mathematical analysis. Various proofing methodologies and dealing with different kinds of problems are extensively discussed. |
Probability Analysis |
During the duration of the course of BSc Statistics, various topics of probability such as sample spaces, independence, continuous probability, distributions, etc are included for advanced study and discussion. |
Pure and Abstract Mathematics |
This is the most puzzling subject taught during the BSc Statistics program. Real analysis forms a large portion of the subject along with linear transformations, theorems of intermediate value, extreme value, and inverse function among others. |
Data Science |
Here, students get a hands-on opportunity to analyse data, its types, and techniques of analysis, visualization, etc. With some of these tools, more substantive topics like regression, predictive modelling, interpretation, etc are also covered. |
Now that we know all the subjects being taught in BSc Statistics, here is a semester wise program curriculum that a student needs to further understand the structure and flow of the program:
YEAR 1 |
|
Semester 1 |
Semester 2 |
Inequalities |
Review of Integration and Definite Integrals |
Equations theories, Fundamental theorem of algebra and its consequences. |
Review of Differential Equations |
Demoivre’s theorem |
Differential Calculus |
YEAR 2 |
|
Semester 3 |
Semester 4 |
Probability Theory |
Index Number |
Measures of Location (or Central Tendency) and Dispersion |
Mathematical Finance |
Statistical Methods |
Utility and Production Functions |
Random Variables |
Demand Analysis |
Expectation of Random Variable and its properties |
Time Series |
YEAR 3 |
|
Semester 5 |
Semester 6 |
Stratified Random Sample |
Numerical Analysis |
Basic Sampling Method |
Inverse Interpolation |
Sample Surveys |
Numerical Integration |
Fundamental Theorem of Algebra and its Consequences |
General Linear Models |
While selecting colleges for studying BSc Statistics, a student must check out some of the foreign universities, as they provide more exposure and provide better education in general. The top 3 steps a student must keep in mind while applying to study abroad are:
Some of the top abroad universities are listed below with their fee structure and must be referred to:
University |
Country |
Fee structure |
Harvard University |
Cambridge, Massachusetts, USA |
INR 38.52 lakhs/annum |
Yale University |
New Haven, Connecticut, USA |
INR 45.15 lakhs/annum |
University of Chicago |
Chicago, Illinois, USA |
INR 43.41 lakhs/annum |
University College London |
London, England, UK |
INR 28.03 lakhs/annum |
Imperial College London |
London, England, UK |
INR 33.02 lakhs/annum |
University of Toronto |
Toronto, Ontario, Canada |
INR 34.35 lakhs/annum |
Australian National University |
Canberra, Australian Capital Territory, Australia |
INR 23.83 lakhs/annum |
National University of Singapore |
Singapore |
INR 9.78 lakhs/annum |
A student interested in pursuing BSc Statistics abroad must keep these entry requisites in mind that almost all abroad universities demand.
Every College or University, be it Indian or Abroad, follows a specific procedure for admission. This must be followed by a student to get admitted. Following are the points of the admission procedure that a student must keep in mind while getting admitted to a foreign university.
Most of the abroad universities ask a student pursuing statistics (UG and PG) to choose a particular track or concentration. These are topics that a student wants to pick as their specialisation (principal) to gain advanced and domain-specific knowledge. Some of these are listed below:
Listed below are top Indian universities that a student can pursue BSc Statistics. A student must appear for GSAT, BHU UET, DSAT, SUAT, etc.
Universities in India |
Place |
Fee Structure |
Hindu University |
New Delhi |
INR 19260 per year |
Lady Shri Ram College for Women |
New Delhi |
INR 20670 per year |
Loyola College |
Chennai |
INR 11490 per year |
Presidency College |
Chennai |
INR 1270 per year |
Fergusson College |
Pune |
INR 11135 per year |
St Xavier’s College |
Kolkata |
INR 9000 per year |
St Xavier’s College |
Mumbai |
INR 7187 per year |
All courses have eligibility criteria and requirements that a student needs to fulfil. Given below are a few requirements that a student must follow to get admitted to an Indian institute:
Unlike abroad universities, the admission process in India is relatively short and straightforward. While applying for BSc Statistics, one must keep in mind that it is only meant for students who studied Physics, Chemistry and Biology in 12th. Following are the admission criteria for BSc Statistics in India:
The scope of BSc Statistics is increasing daily with the advancement of technology and increase in demand. Nowadays, statistics is applied in almost every field like business, industry, agriculture, government, private, etc. After completing BSc Statistics, a student can also opt to pursue Civil Services, Indian Statistical Services & Indian Economic Services exams.
Job titles in BSc Statistics:
BSc Statistics has various job options that provide a starting salary of INR 2.5 lacs to 3.5 lacs per year; this can go up to INR 4.5 lacs per year. In USA, a graduate can get a job package of USD $70,000 annually.
Given below are a few job opportunities for BSc Statistics graduates Abroad along with the expected salary:
Designation |
Salary |
Data Analyst |
$9000 |
Financial Analyst |
$10000 |
Analyst Broking |
$7000 |
Financial Accountant |
$6500 |
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BSc Statistics Scope Abroad
Best universities to study statistics