BSc in Statistics 2025: Career Options and Other Details

BSc in Statistics 2025: Career Options and Other Details

BSc in Statistics 2025: Career Options and Other Details,Jan 10, 2025

Online B.sc Program

Jan 10, 2025

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The BSc Statistics is a 3-year degree program designed to help students develop the problem-solving abilities and mathematical understanding required to solve a variety of mathematical applications. This includes topics such as research sampling, probabilistic methods and statistics, and statistical analysis.  

Course Highlights

Particulars

Details

Course Duration

3 years

Course Eligibility 

10+2 passed with a recognized board.

Course Accreditation

UGC, NAAC, AICTE

Course Exams

Semester Based

Course Average Fees

INR 20,000 to INR 5,00,000 Per Annum

Course Career Options

Actuaries, Data Analyst, Statistical Researcher, Statistician, Risk Analyst, etc.

Average Salary Range

INR 5 to INR 8 LPA

Top Recruiters

Genpact, IBM, SBI, HDFC Bank, Wipro, etc.

Course Fundamentals

The UG degree BSc Statistics allows students to understand, acquire, and apply mathematical statistical skills, leading to a decent career. The program highlights areas such as probability and statistical methods, research modeling, and statistical analysis.

After class 12, having a regular bachelor’s degree seems a good option and this bachelor's degree course is important for those students who want to succeed in risk assessment and management. Many domestic and foreign sectors such as banks, financial institutions, R&D companies, and others are looking for qualified graduates in the ever-expanding BSc accounts

Course Advantages

  1. Students will be taught relevant skills such as data analysis, pattern identification, and concluding.
  2. This course is the best one to improve problem-solving skills for Mathematical and Statistical abilities. 
  3. Students learn how to formulate problems logically and then apply that problem-solving statement in their workplace or personal space wherever they want to like. 
  4. In the various financial sectors like banks, financial institutions, and research and development companies, students can easily find jobs with a good payback in the range of INR 5 to 8 LPA. 
  5. Some famous companies that hire the young blood of BSc in statistics are Federal Bank, Cognizant, IBM, UBS, L&T, Infosys, Wipro, Deloitte, Future First, HDFC Bank, and Google. 

Course Eligibility Criteria

To study this course, students must have completed these two requirements:

  • 10+2 or equivalent grade passing certificate from a recognized board with a minimum of 50% aggregate marks. 
  • Entrance Examination such as:
  1. NPAT (National Test For Programs After Twelth)
  2. CUET (Central Universities Entrance Test)
  3. CUCET (Central Universities Common Entrance Test)
  4. SET (State Eligibility Test)

Course Curriculum

Semester 1

 

Demoivre’s theorem

Fundamental theorem of algebra and its consequences & Equations theories. 

Inequalities

Semester 2

 

Differential Calculus

Review of Differential Equations

Review of integration and definite integrals

 

Semester 3

 

Statistical Methods

Measures of location (or central tendency) and dispersion

Probability Theory

Random Variables

The expectation of random variables and their properties

Semester 4

 

Index Numbers

Demand Analysis

Utility and Production Functions

Mathematical Finance

Time Series

Semester 5

 

Sample Surveys

Basic sampling methods

Stratified random sampling

Fundamental theorem of algebra and its consequences

Semester 6

 

Numerical Analysis

Inverse interpolation

Numerical integration

General Linear models

 

Career Options

Graduates with an accounting degree can quickly find respectable jobs in the same field. Jobs are readily available in several accounting firms in both the public and private sectors. There are career options in accounting and graduates. This degree can lead to a career as an Actuarial Manager, Risk Analyst, Statistician, etc. With time and experience, the typical income increases from Rs 450,000 to Rs 800,000 per annum. With a healthy work-life balance, well-paid, and high job satisfaction, They are generally well-paid, and leading employers in the sector including Deloitte, Cognizant, Wipro, Google, and Infosys.

Job Profiles

Average Salary Range

Financial Analyst

INR 5,89,000 LPA

Data Analyst

INR 7,45,000 LPA

Financial Accountant

INR 6,57,000 LPA

Analyst- Broker

INR 8,50,000 LPA

Credit Control Executive

INR 4,67,000 LPA

The need for BSc accounting is growing rapidly, and banks, financial institutions, R&D companies, and other domestic and international companies are looking for graduates with the required skills. 

 

FAQs

What is the nature of a BSc in Statistics?

Yes, given the high demand for professionals skilled in data analysis and interpretation in various fields, a Bachelor of Science degree in statistics is considered an excellent career decision. This provides a variety of practical career options.

Is there any opportunity to outsource the auditing process?

After completing this course BSc in Statistics, a student can easily get a job in the various fields related to this industry such as research scientists, statisticians, statisticians, data analysts, and more. 

What government positions are available after a BSc in Accounting?

Among other government jobs in India, you can apply for Indian Statistics Service (ISS), SSC CGL (Statistician), UPSC, RBI, NABARD, and government research institutes like CSIR and ICAR.

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