B.Sc Statistics: Course Details, Eligibility, Fees, Admission
B.Sc Statistics is a three-year-long undergraduate course that deals with data collection, segregation and interpretation. The course provides students with in-depth knowledge of statistics, mathematics, risk evaluation, permutations and combinations. B.Sc Statistics graduates can seek employment in sectors like Finance, Banking, Education, R&D, etc., with job roles like Business Analysts, Research Officers, Data Analysts and Statistics Trainers.
Table of Contents
- About B.Sc Statistics Course
- Eligibility Criteria for B.Sc Statistics Course
- How To Get Admission for B.Sc Statistics Course?
- Popular Entrance Exams for B.Sc Statistics
- A Quick Glance at the B.Sc Statistics Entrance Exams
- Top 10 B.Sc Statistics Colleges in India
- Fee Structure for B.Sc Statistics
- Syllabus and Subjects for B.Sc Statistics
- Why Choose B.Sc Statistics?
- Scope For Higher Education
- Salary of a B.Sc Statistics
- Career Options After B.Sc Statistics
- Skills That Make You Best In B.Sc Statistics
BSc Statistics Course Details
| Degree | Bachelors |
| Full Form | Bachelor of Science in Statistics |
| Duration | 3 Years |
| Age | 17 years and above |
| Minimum Percentage | 50% |
| Average Fees | ₹20K - 2 LPA |
| Similar Options of Study | B.Sc (Economics), B.Sc (Mathematics), B.Sc + M.Sc |
| Average Salary | INR 3 - 8 LPA |
| Employment Roles | Data Analyst, Data Scientist, Senior Business Analyst, Statistician, SAS Programmer, Operations Manager, Analytics Manager, Biostatistician, Research Analyst, etc. |
About B.Sc Statistics Course
According to Investopedia, Statistics "is a branch of applied mathematics that deals with gathering, describing, evaluating, and inferring conclusions from numerical data. Differential and integral calculus, linear algebra, and probability theory are also used extensively in Statistics" mathematical theories. Statisticians are especially interested in deciding how to draw accurate conclusions about large groups and general phenomena from the measurable characteristics of small samples that constitute either a small portion of the large group or a small number of instances of a general phenomenon. BSc in Statistics course details are of total duration three years, divided into six semesters. B.Sc Statistics full form is Bachelor of Science in Statistics is a course that focuses on the discipline of Statistics. Statistics, permutations, and variations are among the subjects covered in the course.
Aspirants with a B.Sc in Statistics have job scope in both the public and private sectors. Some of them are the banking sector, trading companies, stock exchanges, transportation sector, schools/colleges.
Eligibility Criteria for B.Sc Statistics Course
Admission for the B.Sc Statistics course requires eligibility of 10+2 from a recognized board. Applicants must have mathematics as one of their core subjects in class 12 to be considered for admission. And have scored at least 50% aggregate marks. And there is no age limit for this course.
How To Get Admission for B.Sc Statistics Course?
Admission procedure for the B.Sc in Statistics course is determined by the results of the university's entrance exam. Admission can also be granted based on a merit list. Students can apply for admission by comparing their grades to the college's cut-off. Before applying, aspirants must ensure that they are fulfilling B.Sc in Statistics eligibility criteria. The course falls under the umbrella of B.Sc and henceforth has a similar admission process.
How to Apply?
In light of the COVID scenario, the vast majority of colleges are relocating their B.Sc Statistics admission processes entirely online. Students must go to the colleges' official websites and begin the application process by providing information such as their name, phone number, email address, and course preferences, among other things. Students must go to the college of their choice to enrol offline and fill out an application form with the necessary documentation attached.
Selection Process
After the application has been accepted, the college will require a final round of group discussion or a personal interview before acceptance is confirmed.
Read More on B.Sc Admission
Popular Entrance Exams for B.Sc Statistics
There are many BSc Statistics entrance exams after 12th grade, and the top 5 are listed below so that students can see which exam they should take based on their interests and how it will help them achieve their goals of getting into top B.Sc Statistics colleges in India.
A Quick Glance at the B.Sc Statistics Entrance Exams
The eligibility requirements for the B.Sc Statistics entrance exam are entirely dependent on the conducting body and thus vary. Some of the similarities between the popular engineering entrance examination and the popular engineering entrance examination are as follows:
- The test will be computer-based
- Test duration is between 1 hour to 2 hours
- general test syllabus equivalent to 10+2
- Paper will be in MCQ pattern
Top 10 B.Sc Statistics Colleges in India
The colleges listed below in India may be the best choices for pursuing a BSc Statistics course after 12th grade. Although several colleges offer B.Sc Statistics, aspirants should try to enter these B.Sc Statistics colleges.
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Fee Structure for B.Sc Statistics
Several factors influence tuition rates, including the type of college attended, the student's scholarship status, the college's rating, and so on. In general, tuition fees range from INR 20K - 2 LPA.
The annual fees of some of India's top colleges are listed below:
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S.No. |
College |
Fees Per Annum |
|
1 |
Fergusson College, Pune |
INR 11,025 |
|
2 |
Christ University, Bangalore |
INR 65,000 |
|
3 |
Mount Carmel College, Bangalore |
INR 42,000 |
|
4 |
St. Xavier’s College, Kolkata |
INR 85,000 |
Syllabus and Subjects for B.Sc Statistics
The syllabus for BSc Statistics includes core subjects such as calculus, algebra, probability and statistical methods, applied Statistics, survey sampling, and many more.
Various core courses and topics that would be covered in the B.Sc Statistics course are:
- Index Numbers
- Measures of location and dispersion
- Demand Analysis
- Probability Theory
- Utility and Production Functions
- Random Variables
- Mathematical Finance
Read More about BSc Statistics Syllabus and Subjects
Why Choose B.Sc Statistics?
The answer to "Why choose B.Sc Statistics?" can be made simpler by breaking it down to the following three short questions:
What is B.Sc Statistics All About?
BSc Statistics is a 3-year undergraduate program that focuses on the study of statistics. The research, analysis, interpretation, presentation, and arrangement of numerical data are all part of Statistics. This branch of research uses statistics to solve problems in industry, society, and science. Statistics has a wide range of uses. Life sciences, economics, data science, risk management, and marketing management are only a few areas where statistical designs and tests can be used to solve problems.
B.Sc Statistics syllabus includes such as statistical methods, applied statistics, survey sampling. Algebra, calculus, number theory, probability theory, game theory, data collection and sampling methods, and statistical modeling are some of the subjects in B.Sc Statistics.
Since earning a B.Sc in Statistics, aspirants have many job opportunities in various fields, such as banks, financial institutions, educational institutes, r&d firms, insurance companies, trading companies.
What Does a B.Sc Statistics Professional Do?
Statistics is used in a variety of fields and realms. It has applications in various fields, including subject matter expert, marketing research analyst, statistics manager, actuary manager, research assistant manager, statistics trainer. Now, let's discuss some standard functions:
To Give Definite Form to Facts: The facts must be stated in a specific manner. The findings expressed in numbers are more compelling than those expressed in terms of consistency.
Comparisons: The data can be correlated and compared after it has been simplified. Those statistical quantities, such as averages or coefficients, are the strongest representations of the relationship between the two parties. Since absolute figures have no significance, one of the key functions of Statistics is to compare them.
Forecasting: Statistics deals with the forecasts of how the phenomenon will behave in the future. Based on statistical forecasts, we will make future policy decisions. If we know the population in 2004 and the population growth rate in the past, we can forecast the demand for goods in 2005.
Reasons Why Statistics Can Fetch You a Rewarding Career?
In today's job market, statisticians and their analytic expertise are in high demand., with a wide range of career options available after graduation. Statistics degrees are highly valued by employers and provide numerous career options.
Demand: Organizations worldwide have access to more data than at any other point in history, but they are often ill-equipped to use it effectively. In today's job market, statisticians are in high demand. These practitioners are likely to work in various fields, including healthcare, environmental sciences, education, and even professional sports.
According to the Bureau of Labor Statistics' most recent estimates, decent Salary and Job Growth: Statistics is one of the fastest-growing fields in the United States, with a forecast growth rate of 31% between 2018 and 2028. And the average salary for a graduate is INR 6.75 LPA
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Preparation Tips for B.Sc Statistics
Below are some preparation tips made by our experts for aspirants who want to pursue B.Sc in Statistics:
Know the Syllabus: Knowing the syllabus ahead of time will help students focus during lectures and exams on key points.
Build a Study Plan: Students should make a study plan that allows them to study according to the syllabus and finish it before the exams.
Consolidate Your Foundations: The student must concentrate more on the fundamentals of Statistics and chemistry in this course. It's also crucial to have a segment on how to apply what one has learned. Students would be required to spend a significant amount of time in the laboratory doing practical exercises.
Scope For Higher Education
The demand for BSc in Statistics is increasingly increasing in various national and foreign firms; however, one may pursue higher education in addition to pursuing a career in either of the above fields. Studying further in the same field can improve an individual's chances of earning well and having many opportunities.
M.Sc Statistics: M.Sc Statistics (Master of Science in Statistics) is a postgraduate Statistics program. It analyzes how data is collected, organized, and interpreted. It deals with all aspects, including data collection preparation in terms of survey and experiment design.
MBA: Statistics has gained enormous prominence in recent years, due to which institutes have begun to provide Statistics programs at various levels. Master in Business Administration in Statistics is one of these programs. An MBA in Statistics is one of the newer courses that has attracted many students due to its high popularity and unique course structure.
B.Ed: The bachelor's degree required to pursue teaching as a school career is the B. Ed. However, it is important to note that a B.Ed or Bachelor of Education is not an undergraduate degree and follows this path, and one must have earned their high school diploma.
M.Sc Actuarial Science: M.Sc Actuarial Science is a multidisciplinary program that uses qualitative and quantitative (mathematical and statistical) approaches to determine and evaluate risks in financial and non-financial markets manufacturing, trading, and government organizations.
Data Science: Data Science certification programs give you the chance to brush up on your math and statistics skills while also inspiring you to work on real-world tasks and projects.
Salary of a B.Sc Statistics
The average BSc in Statistics worker in India gets INR 6.5 LPA, according to payscale. This figure varies depending on the city, the number of years of experience, the job description, and other factors. Statistics degrees provide students with the opportunity to investigate a wide range of data related to numbers and a wide range of career opportunities after graduation.
Read More about B.Sc Statistics Salary
Career Options After B.Sc Statistics
Individuals with a B.Sc in Statistics will operate in both the public and private sectors, depending on their interests. Statistics is used in a wide range of areas. There are many work opportunities in various fields. The following are the major recruiters:
- Assistant Professor
- Subject Matter Expert
- Marketing Research Analyst
- Banking Sector
- Trading Companies
- Stock Exchanges
Skills That Make You Best In B.Sc Statistics
In recent years, "Statistics" has emerged as one of the most common career choices among students. If aspirants are one of them, they have come to the right location. Marketing, economics, biology, public health, athletics, medicine, and many other fields use statistics.
Statistics graduate should include the following:
- Ability to solve problems mathematically
- Problem-solving and analytical abilities
- Expertise in the field
- Collaboration and teamwork skills
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Result Date: Mar 22, 2024
