B.Sc Statistics Latest Updates
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BSc Statistics is a 3 year undergraduate course after 12th divided into 6 semesters that broadly deals with the areas of Probability and Statistical Methods, Survey Sampling, Numerical Analysis, etc that is essential for statistical analysis and solving statistical problems. The course includes lectures, flying and simulation training, assignments etc aimed at offering classroom, and practical training as well. See Also: BSc Statistics Syllabus
The students planning to pursue a BSc in Statistics must have completed 10+2 with subjects Physics, Chemistry, and Mathematics. At least a 50% mark from a recognized school in India is mandatory to get BSc Statistics Admission.
Admissions to top BSc Statistics Colleges are based on merit and also on the candidates’ performance in the entrance exams such as BHU UET, IISER IAT etc. The average annual fees required to study BSc Statistics vary from INR 20,000-1,50,000. This sector is expected to create more than 20 Lakh jobs in the coming 5 years. The average course fee ranges from INR 20,000 - INR 1,50,000.
2.1 Why Study?
3.1 Eligibility
3.2 Entrance Exams
3.3 Tips for Entrance exam preparation
5.1 Important Books
6.1 Delhi
6.2 Mumbai
6.3 Bangalore
6.4 Hyderabad
6.5 Chennai
6.6.1 How to get Admission in a good College?
8.1 Job Profiles
8.2 Top Recruiters
BSc Statistics Course Details
| Course Level | Undergraduate |
| BSc Statistics Full Form | Bachelor of Science in Statistics |
| BSc Statistics Duration | 3 years |
| Examination Type | Semester |
| BSc Statistics Eligibility | 10+2 from a recognized educational board with Maths as one of the major subjects. |
| BSc Statistics Admission | Merit or Entrance Examination |
| BSc Statistics Course Fee | INR 20,000-1,50,000 |
| BSc Statistics Salary | INR 4.5-8 LPA |
| Top Recruiting Companies | Federal bank, Cognizant, IBM, UBS, L&T, Infosys, Wipro, Deloitte, Future First, HDFC Bank, Google, etc. |
| BSc Statistics Jobs | Banks, Finance institutions, Educational institutes, R&D firms, Insurance companies, Government organizations, Trading companies, etc. |
| Top Job Positions | Risk analyst, Statistician, Actuary Manager, Research professional, Credit Risk Strategist, Analysis/Statistics Manager, Subject Matter Expert - Statistics, etc |
What is BSc Statistics?
BSc Statistics is a UG course allowing the students to understand, learn and use knowledge of statistics and mathematics to have a successful career. BSc Statistics emphasizes the areas of Probability and Statistical Methods, Survey Sampling, Numerical Analysis, etc
BSc Statistics plays a huge role in getting through the fields of risk assessment and management. Computer science and Mathematics are the two most important parts of the BSc Statistics course curriculum.
The demand for BSc Statistics is growing rapidly and various national and international firms like Banks, Financial institutions, R&D firms, etc look for qualified graduates in this particular field.
Why Study BSc Statistics?
There are numerous advantages of pursuing BSc Statistics out of which some are mentioned underneath:
- The students will get relevant skills like data analysis, observation of patterns, deduction of conclusions, etc
- BSc Statistics is the right course to develop problem-solving skills in an individual
- This course helps the students to use logical ways to formulate theories and apply the same to solve problems in the job sector.
- Students can explore various job roles in the industries like Banks, Financial institutions, R&D firms, etc
- Pursuing BSc Statistics makes a candidate eligible to earn an average salary within the range of INR 5 to 8 LPA.
- Some of the top recruiters of this field are Federal bank, Cognizant, IBM, UBS, L&T, Infosys, Wipro, Deloitte, Future First, HDFC Bank, Google, etc.
Who should study BSc Statistics?
- Individuals who are curious to learn about new research, methods, and models where statistics are used in exciting and surprising new ways.
- Individuals wanting to change their career path can pursue Bsc. Statistics
- Biology students can also pursue BSc Statistics to record experimental data in laboratories.
BSc Statistics: Admission Process
Admission to BSc Statistics in India is offered through the following ways:
- Merit-Based: Top Bsc Statistics colleges like Fergusson College, Mount Carmel College, and more offer admission to the students based on merit. In that case, their overall score in the 10+2 level is very important.
- Entrance Based: Few colleges like Christ University offer admission to BSc Statistics on the basis of marks obtained in the entrance exams. Post qualifying the entrance exams, the shortlisted students may also require to appear for a Group Discussion and Personal Interview round.
BSc Statistics: Eligibility
Following are the BSc Statistics eligibility criteria to be fulfilled by the students:
- The students must have completed Class 12 with at least 50% including all subjects from a recognized school.
- Candidates also need to qualify Class 12 with Mathematics as one of the main subjects.
BSc Statistics Entrance Exams
Some of the .BSc Statistics Entrance Exams are as follows:.
| Name of the Exams | Registration Dates | Exam Dates |
|---|---|---|
| NPAT | To be Announced | To be Announced |
| CUET | March 2024 | May 15 – 31, 2024 |
| CUCET | To be Announced | To be Announced |
| SET | To be Announced | To be Announced |
How to prepare for BSc Statistics Entrance Exams?
- It is mandatory for the students to get familiar with the subjects like Physics, Chemistry, and Mathematics that will be asked in the test.
- You can refer to the books of renowned authors and practice taking more mock tests so that you can get a better understanding of your preparation.
- The students are suggested to focus on the weaknesses as well so that no important topic gets missed out.
- All the aspirants appearing for the entrance exam need to stay motivated and calm at the same time. This will help them to continue their preparation in a more encouraging way.
BSc Statistics Online
One can pursue Statistics courses Online provided by some of the platforms which are shown below along with the Fees and Duration.
| Course | Provider | Duration and Fees |
|---|---|---|
| Introduction to Statistics | Udemy | Lifetime Access INR 490 |
| Fundamentals of Statistics | EDx | 8 Weeks FREE |
| Advanced Statistics for Data Science | Coursera | 5 Months 2,582 |
| Intro to Statistics | Udacity | 8 Weeks FREE |
BSc Statistics Subjects
The first year of the BSc Statistics Syllabus includes subjects like Analytical Solid Geometry, Probability & Statistics, etc. While in the second year, subjects like real analysis, Mechanics, Abstract Algebra, etc will be introduced.
BSc Statistics subjects might differ from college to college, but the majority of the course concepts remain the same in almost all the colleges.
The table drawn below is the semester-wise break up of the BSc Statistics Syllabus.
| Semester 1 | Semester 2 |
|---|---|
| Demoivre’s theorem | Differential Calculus |
| Equations theories, Fundamental theorem of algebra and its consequences. | Review of Differential Equations |
| Inequalities | Review of integration and definite integrals |
| Semester 3 | Semester 4 |
| Statistical Methods | Index Numbers |
| Measures of location (or central tendency) and dispersion | Demand Analysis |
| Probability Theory | Utility and Production Functions |
| Random Variables | Mathematical Finance |
| The expectation of random variables and their properties | Time Series |
| Semester 5 | Semester 6 |
| Sample Surveys | Numerical Analysis |
| Basic sampling methods | Inverse interpolation |
| Stratified random sampling | Numerical integration |
| Fundamental theorem of algebra and its consequences | General Linear models |
BSc Statistics 1st year: Subjects
- Review of Integration and Definite Integrals: A definite integral represents a number when the lower and upper limits are constants. The indefinite integral represents a family of functions whose derivatives are f.
- Demoivre’s theorem: DeMoivre's Theorem is one of the most important and useful theorems which connects complex numbers and trigonometry. It is helpful for obtaining relationships between trigonometric functions of multiple angles.
- Differential Calculus: Differential calculus is a method that deals with the rate of change of one quantity with respect to another. The rate of change of x with respect to y is expressed dx/dy. It is one of the major calculus concepts apart from integrals.
- Review of Differential Equations: A differential equation is an equation for an unknown function that contains the derivatives of that unknown function.
BSc Statistics 2nd Year
- Probability Theory: Probability theory is the mathematical framework that allows us to analyze chance events in a logically sound manner. The probability of an event is a number indicating how likely that event will occur
- Index Numbers: The index number is a process for the evaluation of different alterations in a variable or a group of variables with respect to time, geographical location, etc. Its significance is derived from the fact that it can be utilized for the measurement of differences within related variables belonging to a group.
- Statistical Methods: Statistical methods are mathematical formulas, models, and techniques that are used in the statistical analysis of raw research data. The application of statistical methods extracts information from research data and provides different ways to assess the robustness of research outputs
- Utility and Production Functions: A utility function is a representation to define individual preferences for goods or services beyond the explicit monetary value of those goods or services. In other words, it is a calculation of how much someone desires something, and it is relative.
BSc Statistics 3rd Year
- Basic Sampling Methods: Sampling is a method that allows researchers to infer information about a population based on results from a subset of the population, without having to investigate every individual.
- Fundamental Theorem of Algebra and its Consequences: It states that every polynomial equation of degree n with complex number coefficients has n roots, or solutions, in the complex numbers. The roots can have a multiplicity greater than zero.
- Numerical Analysis: Numerical analysis is the area of mathematics and computer science that creates, analyzes, and implements algorithms for solving numerically the problems of continuous mathematics.
- Numerical Integration: Numerical integration comprises a broad family of algorithms for calculating the numerical value of a definite integral, and by extension, the term is also sometimes used to describe the numerical solution of differential equations.
BSc Statistics Books
Following are some of the BSc Statistics books to help you get a better understanding of the complex BSc Statistics subjects.
| Name of the book | Author |
|---|---|
| Fundamentals of applied statistics | S.c Gupta & V.K kapoor |
| A Brief Course in Mathematical Statistics | Elliot Tanis & Robert V. Hogg |
| Introduction methods of numerical analysis | S.S Sastry |
| Theory and Analysis of Sample Survey Designs | Daroga Singh and Fauran S. Chaudhary |
| Introduction to Statistical Theory | Charles J. Stone, Paul Gerhard Hoel, and Sidney C. Port |
BSc Statistics Colleges in India
Below tables list some of the top BSc Statistics Colleges across India along with their fee structure.
BSc Statistics Colleges in Delhi
| Name of the College | Average Fees (INR) |
|---|---|
| Hindu College | 20,460 |
| Lady Shriram College for Women | 20,670 |
| Kirori Mal College | 14,595 |
| Ramjas College | 14,610 |
| Sri Venkateswara College | 14,555 |
| Shaheed Rajguru College of Applied Sciences for Women | 17,840 |
BSc Statistics Colleges in Mumbai
| Name of the College | Average Fees (INR) |
|---|---|
| St. Xavier College | 7,187 |
| DG Ruparel College of Arts Science and Commerce | 7,005 |
| Ramnarain Ruia Autonomous College | 7,450 |
| Kishinchand Chellaram College | 10,735 |
| NMIMS | 1,52,000 |
| Elphinstone College | 5,695 |
BSc Statistics Colleges in Bangalore
| Name of the College | Average Fees (INR) |
|---|---|
| Mount Carmel College | 42,000 |
| Christ University | 35,000 |
| St. Joseph’s College | 32,950 |
| Kristu Jayanti College | 50,000 |
| Indian Academy Group of Institutions | 1,92,200 |
| Reva University | 35,000 |
BSc Statistics Colleges in Hyderabad
| Name of the College | Average Fees (INR) |
|---|---|
| St. Ann’s College for Women | 17,155 |
| St. Joseph Degree and PG College | - |
| AV College of Arts Science and Commerce | 22,605 |
| Indian Institute of Management and Commerce | 37,500 |
| GITAM | 65,000 |
| Aurora Degree College | - |
BSc Statistics Colleges in Chennai
| Name of the College | Average Fees (INR) |
|---|---|
| Loyola College | 16,790 |
| Presidency College | 1,270 |
| Bharath University | 40,000 |
| SDN Bhatt Vaishnav College for Women | 4,820 |
| DR. BR Ambedkar Govt. Arts College | 1,645 |
| SCSVMV University | 38,000 |
BSc Statistics College Comparison
Tabulated below is the comparison between some of the top colleges offering BSc Statistics in India.
| Parameters | St. Xavier’s College | Fergusson College |
|---|---|---|
| College overview | Affiliated to the University of Mumbai, St. Xavier’s College offers Undergraduate, Postgraduate, Certificate, and Diploma programs in the fields of Arts, Science, Business and Commerce. | Deccan Education Society established Fergusson College in the year 1885. The college is affiliated to the Savitribai Phule Pune University. |
| The Week Ranking | 10 | 8 |
| Location | Mumbai | Pune |
| Average Annual Fee | INR 7,187 | INR 11,025 |
| Average Annual Package | INR 7 LPA | INR 4.46 LPA |
| Top recruiters | Wipro, Deloitte, Odessa Technologies, TESCO, Viacom, etc. | Deloitte, KPMG, Ernst & Young, Accenture, ICICI Bank, etc |
How to get admission in a good BSc Statistics college?
In order to secure a seat into the top BSc Statistics colleges under DU, BHU, etc, refer to the below mentioned points:
- Make sure to score well in your 12th board examinations. An extraordinary mark is required in Mathematics.
- Stay alert and check the detailed admission procedure at the time of filling the application form.
- Start preparing well for entrances, if your dream college offers admission on the basis of so.
- Preparation of entrances must be taken thoroughly and in advance without missing any part.
- Start shaping yourself for the group discussion and personal interview rounds.
- Keep yourself updated with all the updates of important dates like application process, application deadline, entrance exams, etc.
BSc Statistics Course Comparison
Beneath we have discussed a few differences between BSc Statistics and BSc Statistics Honours based on a few important grounds.
| Parameters | BSc Statistics | BSc Statistics Honours |
|---|---|---|
| Qualification | Bachelor of Science in Statistics | Bachelor of Science in Statistics Honours |
| Course Overview | BSc Statistics Lays emphasis on the collection, meaningful segregation, and interpretation of collected data. | BSc Statistics Honours not only emphasizes the areas of collection, meaningful segregation, and interpretation of collected data, but also the approach of the course is much more detailed |
| Duration | 3 Years | 3 Years |
| Eligibility | 10+2 from a recognized educational board with Maths as one of the major subjects. | A minimum score of 55% (Relaxable for reserved category students) marks at 10+2 or equivalent level. |
| Admission Process | Merit or Entrance Examination | Entrance exam based/Merit-based |
| Average Annual Fees | INR 20,000-1,50,000 | INR 30,000-2,0,000 |
| Top Colleges | Fergusson College, St. Xavier’s College, Mount Carmel College, Christ University, Ramnarain Ruia Autonomous College, etc | Aligarh Muslim University, Amity University, Assam University, BHU, BJB Autonomous College, DAV University, Dibrugarh University, etc. |
| Average Annual Salary | INR 4.5-8 LPA | INR 5-8 LPA |
BSc Statistics Jobs
BSc Statistics graduates can get decent placements within the same industry immediately after completing their studies. There are plenty of BSc Statistics Jobs available in both the government and private sector. B.Sc Statistics covers both the public and private sectors, there is a wide range of employment opportunities for aspirants after this course. A student pursuing a bachelor's degree in statistics can look forward to jobs such as statistician, risk analyst, actuarial manager, etc. The average salary ranges from INR 450,000 to INR 800,000 per year and increases with time and experience. B.Sc. Statistics careers often pay well and are associated with high job satisfaction and a good work-life balance. Some of the top recruiters in this field include Google, Infosys, Wipro, Cognizant, Deloitte, Federal Bank, UBS, IBM, and HDFC Bank.
Job Profiles
The table below describes some of the BSc Statistics Jobs that can be considered by the BSc Statistics graduates, along with the Average Salary Scale:
| Job Position | Job Description | Average Annual Salary (INR) |
|---|---|---|
| Financial Analyst | They work in the accounts department within a company and their role includes preparing, managing and analysing accounting information. | 8 LPA |
| Data Analyst | They are responsible for preparing every kind of data for a company and they collect, validate, transform, and present the collected information in a more presentable way. | 7 LPA |
| Financial Accountant | They ensure that the operations of accounting and financial activities are being carried in the right way. | 6 LPA |
| Analyst- Broking | They offer useful information to the stockbrokers, fund managers, stock market traders etc. | 5.5 LPA |
| Credit Control Executive | These professionals decide the capability of a creditor’s eligibility for loan and also looks after the debts of existing customers. | 5 LPA |
Top Recruiters
Some of the popular companies hiring these graduates are:
| Cognizant | IBM |
| UBS | Infosys |
| Wipro | Deloitte |
| HDFC Bank |
BSc Statistics Scope
The demand for the BSc Statistics is growing rapidly and various national and international firms like Banks, Finance institutions, R&D firms, etc look for the qualified graduates in this particular field.
This sector is expected to create more than 20 Lakh jobs in the coming 5 years. So B.Sc. Statistics have emerged as one of the popular choices for those students planning to have a career in the Finance industry.
However, apart from making a career in any of the above fields, one can also opt for higher studies. Pursuing a Master’s in Statistics and to take up Actuarial Science as a specialization by studying M.Sc Actuarial Science. Studying further in the same domain will increase the possibilities of an individual to earn well and get ample opportunities.
ISI, TIFR, IITs are some of the top institutions to help you carry out research in the same field.
BSc Statistics FAQs
Ques. What jobs one can get after BSc Statistcs?
Ans. The job role one can get after completion of BSc Statistics are of Statistician, Market Research Analyst, Technical Writer, Consultant, Biostatistician, Content Analyst, Research Associate and Data Analyst.
Ques. What is BSc Statistics?
Ans. BSc Statistics is a UG course permitting the scholars to understand, examine and use understanding of statistics and arithmetic to have a successful career. BSc Statistics emphasises at the regions of Probability and Statistical Methods, Survey Sampling, Numerical Analysis, etc.
Ques. Is Statistics a good career?
Ans. Statistics careers are frequently high-paying and include sturdy stages of activity delight and desirable work-lifestyles balance, in keeping with U.S. News and World Report. The mag acknowledged for its annual ratings of the excellent jobs withinside the usa ranks statistician because the No. 1 commercial enterprise activity.
Ques. What is the eligibility criteria of BSc Statistics?
Ans. Candidates must have completed the formal education of 10 + 2 from a recognised board.
It is necessary for applicants to have Mathematics as their core subjects in class 12th.
Ques. What is the admission process for BSc Statistics?
Ans. Admission to BSc Statistics course is provided by various college/universities is offered through 2 methods i.e. direct admission and the other is entrance exam based.
Ques. What are the required skills for BSc Statistics?
Ans. The skills required for BSc Statistics are awesome problem-fixing and logical questioning skills. The college students need to be capable of apprehend the summary mathematical concepts. The college students need to have awesome communique skills. The college students need to be properly versed with interpersonal skills.
Ques. What are the top BSc Statistics Entrance exams?
Ans. Most of the universities conduct entrance exam to admit candidates to BSc Statistics undergraduate Program. Some of the top entrance exams are BHU UET, GSAT, DSAT an SUAT.
Ques. What are the top recruiters of BSc Statistics?
Ans. Some of the top recruiters that hire BSc Statistics are Google, Deloitte, Cognizant, Wipro, federal bank, IBM, Infosys, HDC Bank and UBS.
Ques. Why should one pursue BSc Statistics?
Ans. Students who are good in calculations and mathematics can pursue this course. It will open doors for excellent job opportunities in various industries like finance, banking, etc. The average starting salary one can earn ranges between INR 6 LPA to INR 10 LPA.
Ques. What is the future of BSc Statistics graduate?
Ans. With a bachelor's degree in Statistics, you can actually end up as a commercial enterprise analyst, studies officer, records analyst or maybe an investigator. Statisticians also are required withinside the authorities area to paintings on research and studies on customer prices, fluctuations withinside the economy, employment patterns, populace trends, etc.
Ques. What are Some of the Main Subjects in Bsc Statistics?
Ques. What is the mode of the registration for the BSc Statistics entrance exam?
Ans. The candidate can apply for a BSc Statistics course by filling the form online or offline as well.
Ques. What are the job opportunities after completing this program?
Ans. There are wider job opportunities that can be considered once the students have completed this course. Some of the options include:
- Risk analyst
- Statistician
- Loan officer
- Research professional
- Consultant
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