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The demand for statisticians is rising nowadays in the business world. This is because, a statistician analyzes, interprets, and collects quantitative data. Also, some additional responsibilities are to design data, assess the result, and apply statistical methodology in data information and presentation in various formats. Moreover, the fields like healthcare, environment, sports, and public safety consist of statistical analysis.
To become a Statistician candidates must pursue statistics courses. The average course fee to pursue a statistics course is INR 9,000 to 74,000. The average salary for a statistician is INR 2-6 LPA. The various job opportunities in this field are Mathematician, statistical trainer, Business analyst, and quality control. Furthermore, some companies are hiring freelance statisticians for short-term projects.
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Table of content
3.3 Data Analyst
- Statistician Jobs in India
- Skills Required to Become a Statistician
- Salary Of Statisticians In India
6.3 Experience Wise
How to Become a Statistician
- Data work is a vital process of a statistician. The best way to become a statistician is a bachelor's degree in a relevant subject. Although, the admission for the degree is based on merit marks or entrance exams.
- AMU and ISI are the entrance exams available for students. For those who want to take a statistics degree, the basic eligibility is mathematics/Statistics as a compulsory subject in higher secondary.
- A degree in statistics exists in a prime position. Several other courses in Mathematics, Economics, and computer science also led to the foundation of statistics. Moreover, a master's degree in Statistics/Maths helps to get a job as a statistician. Hence, a degree or certification in a relevant subject makes your way reliable.
What does a statistician do?
- At a high level, statisticians analyze the business decision process through interpreting data.
- The design of experiments, surveys, and collecting data is under the occupation of a statistic analyst.
- They give instructions for workers, calculate the reliability of data and identify the latest trends.
- The improvisation of future experiments and surveys depends upon them.
Given below are some of the responsibilities of a statistician in daily life
- Design data collection process
- Maintain business and organizational strategy
- Identify new trends in data.
- Assist for decision making
- Ensure the data relationships.
Types Of Statistician
A career as a statistician sees in a variety of fields. Science, technology, business, and healthcare are the four areas. A statistician's career options are numerous. Given below are some of the job opportunities for a statistician.
Statistical Analyst
The management of organization and decision-making of data are duties of statistical analysts. They work on data trends related to mathematical skills. Moreover, they generate tables, and charts and write essential documents. A statistics analyst is responsible for extracting raw data, evaluating business decisions, reporting current trends, and employing statistical model software.
Mathematical Statistician
Solve the issues in business, academics, and government by analyzing the data lies under the role of a mathematical statistician. These individuals solve math-related problems and make results by gathering data. A statistician's responsibilities in mathematics include managing databases, interpreting results, providing solutions, and representing quantitative data. This role requires a bachelor's or master's degree in mathematics or statistics.
Data Analyst
For business, the interpretation and collection of data is ensured by a data analyst. Data analysis tools gather information smoothly. Assessing the data quality, removing false data, providing data screening, and preparing reports are the responsibilities of a data analyst. A large volume of figures and data deals in companies.
Applied Statistician
The usage of statistical evidence refers to statistical data. The formation of statistical sound knowledge is the responsibility of applied statisticians. Another duty is the protection of data. Apart from these, the overall processing of past data is maintained by these statisticians.
Statistician Jobs in India
- Statistics is used by the government to improve economic development. The wages, price of items, production control, and research depend on statistics.
- There is a chance to join civil services, Indian Economic services, and Indian statistical services after pursuing a bachelor’s/master’s degree.
- The average salary for entry-level statisticians in India is Rs. 2.5 to 3.5 per year.
- Accenture, HDFC, Deloitte Consulting, Blue Ocean Marketing, HP, Neilson, and American Express are the top recruiting companies in India.
- A rapid growth in this field is expected by the Bureau of Labor Statistics. At least 33% growth is expected by 2026. Hence, professional statisticians have high demand in India.
| Statistician Job Roles | Recruiting Companies | Salary |
|---|---|---|
| Subject Matter Expert | Capgemini, IBM | INR 2 to 3 L |
| Statistician Analyst | Accenture, Genpact | INR 2 to 4 L |
| Associate statistician | Amazon, Flipkart | INR 2 to 5 L |
| SAS statistician | Amazon, Hotstar | INR 2 to 6 L |
Skills Required to Become a Statistician
Each job depends on different skills. The selection for employment lies in the talent and skills of an applicant. Given below table shows the unique skills necessary to become a statistician.
| Programming Language - C++, Python | Logical reasoning | Analytical Problem solving |
| Team Work | Industry Knowledge | Mathematical Ability |
| Ready to Work in shifts | Collaborate with clients | Multi-tasking |
Salary Of Statisticians In India
The salaries for statisticians underlies experience and training level in a particular field. Furthermore, the location, skills, and talent enter into the determination of salary range. The following tables show the salary range of related job areas.
Organization Wise
| Sectors | Annual Salary (Approx.) |
|---|---|
| Government organization | INR 3 To 4 lacs |
| Private firm | INR 2 to 6 lacs |
Specialization Wise
| Job Profile | Average Salary |
|---|---|
| Statistician | INR 3 to 4.1 lacs (Approx) |
| Data Analyst | INR 3.4 to 4 lacs (Approx) |
| Statistical Analyst | INR 3.5 to 4.5 lacs (Approx) |
Experience Wise
| Job Profile | Fresher Salary | Experienced Salary |
|---|---|---|
| Statistician | INR 3.2 to 4.1 lacs | INR 5 and above |
| Data Analyst | INR 3.4 to 4 lacs | INR 4 lac and above |
| Statistical Analyst | INR 3.5 to 4.5 lacs | INR 4.5 lacs and above |
Top Statistician Recruiting Companies
Several organizations provide possibilities for excellent statisticians to work as analyzers. A statistician's success relies on a valuable degree and talents. The table below lists the top statistical recruiting firms.
| Apple | Amazon | Accenture |
| Capital One | IBM | Ernst and Young |
Statistician Jobs: FAQs
Ques. What are the working conditions for a statistician?
Ans. The average working hours in the office are 9 am to 5 pm. Depending on the regulations of a company, the time varies. Some firms are offering night shifts for employees.
Ques. What are the benefits of a statistician job?
Ans. A statistician's job offers good pay, diverse work options, and the chance to solve real-world problems using data.
Ques. Which stream is applicable best for a statistician?
Ans. A degree in statistics/mathematics/economics helps to enter into a statistics analyst position. The best stream lies in degrees in statistics.
Ques. Is the statistician career a good choice?
Ans. The overall employment of statisticians will grow 33% from 2019 to 2029 due to the digital era. Hence, it is a good choice for data analysts.
Ques. Which is the prior knowledge essential before working as a statistician?
Ans. Some essential prior knowledge for working as a statistician is basic math skills, an understanding of probability, and familiarity with statistical concepts.
Ques. Does statistics consist of a lot of math?
Ans. Yes, statistics involves math, including arithmetic, algebra, and probability calculations.
Ques. Is a degree in statistics useful?
Ans. A candidate who is interested in dealing with data can choose a statistics degree. A variety of job opportunities open in the private and public sectors by securing graduation in statistics.
Ques. How to become a data scientist?
Ans. To become a data scientist, you'll need a bachelor's degree in statistics, computer science, or physical science. Furthermore, a master's or Ph.D. also gives the path to a data scientist.
Ques. What are data scientists' job opportunities abroad?
Ans. A quantitative analyst is the best employment in foreign countries. Also, companies like Google, Amazon, and Facebook are looking for data scientists.
Ques. Which countries are best for statisticians?
Ans. Countries like the United States, Canada, Germany, India and Australia offer good opportunities for statisticians.
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