BSc Statistics: Course Details, Admission, Top Universities, Fees, Subjects, Jobs, Scope

BSc Statistics is an undergraduate degree programme with a duration of three years. It deals with quantitative data and its analyses using statistical methods. This bachelor's degree in Statistics equips candidates with the skills and knowledge of techniques of data analysis and valid interpretation of results.

Candidates must have mathematics as their major subject in 10+2 to be eligible for admission. BSc Statistics includes subjects such as Descriptive Statistics, Statistical Methods, Probability Distribution, Operation Research, Forecasting, Econometrics, and Biostatistics. The average course fee for the entire course is anywhere between Rs. 2,000 to Rs. 6.0 lakhs.

BSc Statistics graduates get the opportunity to work as Data Analysts, Statistical Analysts, Actuarial Analysts, Risk Analysts, Operations Research Analysts, Statisticians, and Research Scientists. Top recruiters for BSc Statistics graduates are ISI, National Sample Survey Office (NSSO), Infosys, Wipro, Genpact, Cognizant, Deloitte, KPMG, and EY.

BSc Statistics Highlights

BSc Statistics Eligibility Criteria

Candidates to get admission in BSc Statistics have to fulfil certain eligibility criteria set by various universities and colleges. Below are the eligibility criteria for admission to the BSc Statistics degree programme, considered by most colleges and institutions in India.

• Candidates must complete class 10+2 examinations from a recognised board of education.

• They must have mathematics as the major subject in 10+2.

• For some universities like Delhi University, candidates also have to qualify for a certain entrance examination to be eligible.

BSc Statistics Admission Process

The BSc Statistics admission process is a simple procedure. Candidates have to follow certain steps to get admission to colleges and universities offering BSc Statistics. Below is the list of steps required for admission.

• Candidates, as the first step in admission, have to ensure that they are eligible for BSc Statistics.

• After that, candidates have to fill out the application form from the universities or colleges.

• As per the colleges or universities, if an entrance exam is required, candidates are required to sit for the entrance exam.

• After the entrance exam is done, the conducting body releases the results and the ranks of the students.

• Colleges roll out the merit lists of eligible ranks

• As per the ranks, candidates can apply to the colleges and finalise their admission by paying the final fees.

Top BSc Statistics Entrance Exam

Certain universities require candidates to qualify for a specific entrance exam. Some entrance exams are university specific and some are national level. For admission to Delhi University, candidates need to qualify for the CUET, for Christ University, they need to pass Christ University specific tests. Below are the descriptions of some of the important entrance exams.

Skills Required for BSc in Statistics

BSc Statistics equips candidates with intellectual and interpersonal skills to help them succeed in future and higher education. Some of the skills required for BSc Statistics are:

• Mathematical Skills

• Statistical Knowledge

• Data Analysis Skills

• Critical Thinking

• Problem-Solving Skills

• Communication Skills

• Attention to Detail

• Computer Literacy

• Time Management

• Teamwork and Collaboration

BSc Statistics Subjects/Syllabus

Universities and colleges providing BSc Statistics have a comprehensive syllabus. The syllabus covers both theoretical and practical subjects. The overall syllabus provided by KJSSC Mumbai is divided into six semesters in three years and is compiled below.

BSc Statistics Fees Structure

The fee structure for different colleges offering BSc Statistics varies. The fee structure depends on the level of the university, the location, the facilities available, and the pool of faculty. The average fee for BSc Statistics is around Rs. 25,300, however, it ranges from Rs. 2,000 to Rs. 6.0 lakhs, depending on the college choice.

BSc Statistics Scope

BSc Statistics provides students with a bright scope. BSc Statistics provides opportunities for data analysis and interpretation in various industries. Students get to contribute in finance, healthcare, marketing, and government. BSc Statistics also provides candidates with the opportunity to do research projects in academia, government agencies, and research institutions. BSc Statistics also provides a scope of higher education.

BSc Statistics Career Options

BSc Statistics opens the door to wide career opportunities for students. Some of the job roles associated with a BSc in Statistics include the following.

Data Analyst: A Data Analyst is responsible for gathering information, cleaning data, and then analysing it to get insights. He or She uses statistical methods and softwares to get insights and aid in decision-making.

Statistical Analyst: A Statistical Analyst analyses the quantitative data using statistical techniques to interpret data. He or She is also responsible for performing hypothesis testing and creating statistical models for automation.

Actuarial Analyst: An Actuarial Analyst is responsible for assessing financial risks to help businesses make proper decisions. He or She works in the fields of insurance, pensions, and investments.

Business Analyst: A Business Analyst is responsible for analysing business financial statements to find problems in businesses and help them take corrective actions. He or She also helps businesses make strategic decisions so that they can increase their profitability.

Market Research Analyst: A Market Research Analyst is responsible for obtaining market data like consumer preferences, market trends, and competitors and analysing it to get insights. He or She helps businesses in making marketing strategies according to the insights.

Risk Analyst: A Risk Analyst is responsible for identifying and assessing potential risks that businesses may face. He or She develops risk management techniques to mitigate the risks.

Statistician: A Statistician is responsible for doing experiments and drawing conclusions and interpretations from the data. He or She helps in making decisions and predictions in various fields.

Research Scientist: A Research Scientist conducts research, experiments, and analyses to provide advanced knowledge in various fields. He or She uses statistical techniques on quantitative data to predict future advancements.

Academician: An Academician is responsible for teaching various subjects of statistics to the students. He or She can also conduct research and publish articles in academic journals.

Top Recruiters:

• Indian Statistical Institute (ISI)

• National Sample Survey Office (NSSO)

• Indian Space Research Organisation (ISRO)

• Tata Consultancy Services (TCS)

• Infosys

• Wipro

• Cognizant

• Deloitte

• KPMG

• Ernst & Young (EY)

Benefits of Studying BSc Statistics

There are a lot of benefits that BSc Statistics provides to its students. BSc Statistics provides candidates with various skills and knowledge that help them work in different fields like finance, marketing, and healthcare.

Students are provided with promising career opportunities along with the opportunity to take part in higher education. Students after doing BSc Statistics can go for master's or even have the opportunity to work abroad.

BSc Statistics Expected Salary

The average salary depends on the organisation the graduate will work with, the location, the work experience, and the position of the graduate. The average expected salary varies in different organisations and positions.

Source: AmbitionBox and Glassdoor

Top BSc Statistics Colleges in India

India has around 140 popular colleges and institutions that offer BSc Statistics. These colleges and institutions are known for their comprehensive education, their facilities, and their faculties. These colleges provide both theoretical and practical exposure to the students. Below is the list of the top 10 colleges according to NIRF that offer BSc Statistics in India.

Top Private BSc Statistics Colleges in India

There are more than 80 private colleges and institutions in India that offer BSc Statistics to students. These colleges are known for their education facilities, course materials, and infrastructure. These colleges and institutions provide promising career placements to graduates.

Top Government BSc Statistics Colleges in India

There are more than 50 government colleges and institutions that offer BSc Statistics in India. These colleges are known for their experienced faculty and career placements.

BSc Statistics is a three-year undergraduate degree that offers candidates skills and knowledge related to research, analysis, and interpretation of quantitative data. For candidates who like to work with numbers and data and want to make a career in research and analysis, BSc Statistics is a good degree programme for them.