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scope for statistics and its salary


rohini18674 2nd Feb, 2020
Answers (2)
KUNAL LANJEWAR 2nd Feb, 2020

Hello,

Statistics involve the field of marketing, economy and many others. Statistics  is a branch of Mathematics. There are various bachelor, masters and Ph.D courses available in statistics.

The scope of statistics is huge in today's market. The statistician and their analytical skills are much required in today's market. Statistics can be used in various fields such as business, industry, agriculture, government, private, computer science, scientific, health sciences & other disciplines.

After completion of degree course in statistics, one can appear for Civil Services, Indian Statistical Services, Indian Economic Services, etc. The other job titles that one can prefer are:

  • Statistician
  • Business Analyst
  • Mathematician
  • Professor
  • Risk Analyst
  • Data Analyst
  • Content Analyst
  • Statistics Trainer
  • Data Scientist
  • Consultant
  • Bio Statistician
  • Econometrician

In India, the average annual starting salary of a graduate in statistic ranges from INR 2 Lakhs to INR 3 Lakhs.

Best Wishes.

Rose Mary George 2nd Feb, 2020

Hi,

Statistiacal data and techniques of statistical analysis are immensely useful in solving economical problems such as wages, price, time series analysis, demand analysis. It is an irreplacable tool of production control.

In India, the average salary of a statistician can be expected between Rs. 2.5 to 3.5 lacs per year . After gaining the sufficient experience in this field you can earn more than Rs. 4.5 lacs per year.

Hope this helps.


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