Industry: Information Services
What is Statistics?
Statistics is the science concerned with the collection, organization, analysis, interpretation and presentation of empirical data. Statistics is an interdisciplinary field and finds application in scientific, industrial and social sectors. Statistics deals with all aspects of data; descriptive statistics describes properties of samples and population data, while inferential statistics uses those properties to test hypotheses and draw conclusions. Statisticians are particularly involved in drawing reliable conclusions about large groups and phenomena based on observable characteristics of samples representing a small portion of the larger phenomenon.
Job Description
- Responsibilities of a statistician include creating surveys, questionnaires and polls to collect data
- Preparing detailed reports by analysing and interpreting data
- Comparing statistical data and analysing trends to identify patters, relationships and problems to make inferences and predictions
- Defining and utilizing statistical methods to solve industry-specific issues in varying fields (economics, engineering, etc.)
Eligibility and Courses
Class 12
Any stream (Science/Commerce/Humanities) with mathematics/statistics as compulsory subjects
Under Graduate Courses
- Bachelor of Science B.Sc. (Hons.) in Statistics
- Bachelor of Arts (B.A.) in Statistics
- Bachelor in Statistics (B.Stat.)
- Certificate in Statistical Methods and Applications
- Diploma in Statistics
Career Profiles
Top 5 Institutes for Statistics courses
1. Hindu College, New Delhi
Value for Money- 5/5
Bachelor Courses- B.Sc. (Hons.) in Statistics
Tenure- 3 years
Website: http://www.hinducollege.ac.in/
2. Indian Statistical Institute, Kolkata
Value for Money- 4.7/5
Bachelor Courses- Bachelor of Statistics (B.Stat. Hons.)
Tenure- 3 years
Website: https://www.isical.ac.in/
3. St. Xavier’s Mumbai
Value for Money- 4.6/5
Bachelor Courses- B.A./B.Sc. Statistics
Tenure- 3 years
Website: https://xaviers.edu/
4. Banaras Hindu University (BHU), Varanasi
Value for Money- 4.5/5
Bachelor Courses- Diploma in Statistics and Computing
Tenure- 1 year
Website: https://www.bhu.ac.in/
5. Christ University, Bengaluru
Value for Money- 4/5
Bachelor Courses- B.Sc. (Economics, Mathematics, Statistics)
Tenure- 3 years
Website: https://christuniversity.in/
Career Progression
Pay
Expert Advice
“If you think that statistics has nothing to say about what you do or how you could do it better, then you are either wrong or in need of a more interesting job.”
— Stephen Senn,
Swiss economist and statistician
“A knowledge of statistics is like a knowledge of foreign languages or of algebra; it may prove of use at any time under any circumstances.”
— Arthur LyonBowley,
English statistician and economist
Also read: Careers after class 12: Data Science and Analytics