career-in-Statistics

Career Library

• Summary
• Professional opportunities
• Career Path
• Courses Covered
• Leading Institutes
• Institutes Abroad
• Entrance Exams
• Work description
• Top Hiring Companies
• FAQs

Statistics

Summary Professional opportunities Career Path Courses Covered Leading Institutes Institutes Abroad Entrance Exams Work description Top Hiring Companies FAQs

1. Home
2. Career Library
3. Mathematics And Statistics
4. Statistics

Statistics

Summary

Statistics is a field that is not very popular in India. When we talk about this and various career options related to this, society makes fun of these careers. They are not ready to accept these fields as a reputed career. Because of this, students don't get social satisfaction through this career. Students have to understand that these are the fields which have very bright careers although these are not popular fields like a doctor, engineer, etc. So, it doesn’t mean that this career is menial. This career option has a very bright future. One of the reasons that this career is not popular in India is the lack of proper and in-depth knowledge about the career and its future scope. So, the motive of this section is to give you the proper knowledge about statistics and its related scope.

When students decide to pursue their career in Statistics then they should be very clear that this field is very deep and has many job opportunities. Professionals who have a degree in statistics apply their learning in various fields. These professionals use the subject statistics for collecting the data, designing the data, and interpreting the data. These professionals are called statisticians. A statistician is one of the job titles and there are many more job titles available for the students. As we have already discussed, statistics is a science and this science is related to a large no. of data and its collection and analysis. Based on this analysis different inferences are obtained. Therefore, data is crucial for statistics. The important work of the statistician is to find the solution for the problems which arise during data collection and analysis through different techniques.

You have to study two branches of statistics. The first is Descriptive statistics and the second is inferential statistics. In descriptive statistics, students will learn about the collection of the data and its presentation. Students have to do a depth study of this branch as this is the basic branch of statistics. All the study starts from this branch as this is the first part of the analysis of any statistical data. So, if the student is not clear with the basics, then he will face many problems at the job. After that, students will study inferential statistics. This is the advanced study of the data. In inferential statistics, important conclusions are drawn by applying various statistical methods to the data which is obtained by descriptive statistics.

When you have a degree in statistics then you get an ample number of job opportunities. People are not aware of the jobs and future scope of this profession. The most important job for the students is to be a statistician. In this, they had to collect and compile the data (Descriptive Statistics). After that, they had to analyze the data and form the strategies to minimize risk (Inferential Statistics). In the field of computer science, there is high demand for students who have a statistics background. Data is the most important part of the computer field. A student with a statistics background works as an economist for the government sector. If they are interested in making a career in the corporate field then they have pursued their career as a data analyst. If they don’t want to enter the field of finance then they can make a career in the operation field as an operation research analyst. If somebody has a degree in statistics then he can be a teacher. If the student has experience then he will be eligible to teach at India’s topmost institutions. Sometimes students don’t want to change their field. They want to remain in the same field and want to make progress in that only. So, they can pursue a Ph.D. These were some job prospects if you have a degree in statistics.

Career Opportunities

Here students have to understand that the study phase of a career is very different from the job phase of that career. Because the practical job is very different from what you study. Studying that subject will give you only theoretical knowledge but, in the field, you have to apply the knowledge which you have gathered but the situations will not be ideal. Therefore, practical jobs are very tough as conditions are real and not ideal. So, you have to compromise with your situation and need to apply your learnings. So, in this section, we will see the actual job prospects that Statistics will have.

Statistics is a versatile sector. When a student has a degree in mathematics then he can work in the private sector as a data analyst, marketing research analyst, operation research analyst, etc

Students with a degree in statistics get a chance to work in the public sector as research analysts, a numerical analyst for different projects.

This is the sector that creates a difference between mathematics and statistics. Only a statistics degree is relevant in this sector. Statisticians work as biostatisticians or they can work as biometricians.

Students who have a degree in statistics have no. career opportunities and teaching is one of them. Teaching is one of the prime careers for mathematics students. Here they will get a chance to teach at top universities of the country.

Defence is a very important sector. Here innovation is a continuous student. So, research is a very important career in this sector. Mathematics students get the chance to work in the defense sector as a research analyst.

Subjects like mathematics and statistics give you the chance to enter various career fields. But the most important field is the research field. Subjects like mathematics and statistics are research-oriented fields. Every sector has a department that is research-oriented whether it is the defense sector or corporate sector. So, mathematicians and statisticians play a very important role in the research field.

How to Pursue a Career in Statistics

	Stream	Graduation	After Graduation	After Post Graduation
Path 1	Qualifying Class 12th with the Science Specialization with math (PCM)	Student will pursue BA/ B.Sc. in Statistics (3 Years duration)	Student will pursue MA/ M.Sc./MS in Statistics (2 Years duration)	Student will pursue PhD in Statistics (3-5 Years duration)
Path 2	Qualifying Class 12th with the Science Specialization with math (PCM)	Students will pursue a BE/ BTech in Mathematics/ B. Math (4 Years duration)	Student will pursue MA/ M.Sc. in Mathematics (2 Years duration)	Student will pursue PhD in Statistics (3-5 Years duration)
Path 3	Qualifying Class 12th with the Science Specialization with math (PCM)	Students will pursue Integrated programs in M.Sc. Mathematics (5 Years duration)	NA	Student will pursue PhD in Statistics (3-5 Years duration)

The career path is very important for the student because it will give you the overall roadmap. This roadmap is necessary as it will give you information regarding the short-term and long-term prospects. Short-term prospects just give you information regarding the college and its placement but long-term information will help you to form your future career path according to you. Long-term prospects consider career paths regarding further studies and job descriptions. Here we will only talk about the career path (Further studies) which students will take and information regarding job description is provided further.

If you are passionate about Statistics then you can start your study after your 12th grade. After passing your 12th grade you get two opportunities. You can pursue BA/B.Sc. in Statistics or students have the option to opt for an integrated program that provides you the opportunity to do B.Sc. and M.Sc. together which is a five-year degree course. When you opt for this course, you will also cover your post graduation then there is no need to do post graduation but when you opt for BA/B.Sc. then you have to pursue M.Sc. or MA.

The student who has opted for a five-year degree course can directly opt for a Ph.D. course. But if you have opted for a Three-year degree course then you have to do M.Sc. After that you can opt for a Ph.D. So, based on their career preference students can opt for any career option. Here students have to understand that each course has its importance. Don’t compare those two options based on the course duration. It is not like that if you opt for the second option then you save your one-two years. Each course has its importance. Courses should be compared based on the quality of education not based on the duration. If you want to know more about the career option you should reach out to ClearExam. ClearExam is the topmost institute and will provide proper guidance related to your career. Apart from that ClearExam also provides top-notch preparation for various engineering entrances.(www.clearexam.ac.in)

Important Courses Covered

In the B.Sc. and BTech course of Mathematics, you will study all the subjects and courses related to mathematics and its scope. B.Sc. in mathematics will teach you about mathematics but BTech is an engineering course so in this you will study mathematics and its engineering application.

• First Year
• Study of descriptive statistics
• Study of probability theory
• Advance Study of descriptive statistics
• Study of probability distribution
• Study of linear algebra and Statistics for population
• Study of theories of probability and mathematical model
• Second Year
• Study of inferential statistics and sample distribution
• Study of quality control statistics and statistics of economics
• Analysis of large sample and multivariate analysis
• Methods of sample survey and experimental design
• Methods of sample survey and analysis of time series
• Practical and papers
• Third Year
• Computer language – C programming language
• Computation and analysis of data
• Study of statistics
• Study of quantitative analysis
• Mathematics and its application
• Interpretation of data

Leading Institutes

Top Institutes in India

College	Location	Website	Entrance Exam
Indian Institute of Statistics (ISI)	Multiple Locations of India	www.isical.ac.in	ISI Admission Test
IIT (Technology Institute of India)	Multiple Locations of India	www.iitkgp.ac.in	JEE Advanced
Hindu College	Delhi	www.hinducollege.ac.in	Merit Based and Entrance Based Selection
Ramjas College	Delhi	www.ramjascollege.edu	Merit Based and Entrance Based Selection
College of St. Xavier's	Mumbai	www.xaviers.edu	Merit Based and Entrance Based Selection
College of St. Xavier's	Kolkata	www.sxccal.edu	Merit Based and Entrance Based Selection
College Fergusson	Pune	www.fergusson.edu	Merit Based and Entrance Based Selection
University of Presidency	Kolkata	www.presiuniv.ac.in	PUBDET,PUMDET

Top Statistics Institutes in the World

College	Location	Website	Entrance Exams
University of Harvard	United States of America	www.harvard.edu	GRE,GMAT,English Proficiency (IELTS)
Cambridge University	United Kingdom	www.cam.ac.uk	TMUA. IB (International Baccalaureate) Score
Oxford University	United Kingdom	www.ox.ac.uk	Mat, IB Score
MIT	United States of America	www.mit.edu	GRE
University of Stanford	United States of America	www.stanford.edu	GRE
California University of Berkeley	United States of America	www.berkeley.edu	GRE
University of Princeton	United States of America	www.princeton.edu	GRE,English Proficiency (IELTS, TOEFL)
California University, Los Angeles	United States of America	www.eucla.edu	GRE,English Proficiency (IELTS, TOEFL)

Entrance Examinations

Exams	Eligible Colleges	Tentative Dates	Important Subjects Covered	Website
JEE Advanced	All India	May/June	Mathematics, Physics, Chemistry.	www.jeeadv.ac.in
JEE Main	All India	April	Mathematics, Physics, Chemistry.	www.jeemain.ac.in
Admission test of ISI	Indian Statistical Institutions	May	Calculus, Trigonometry, geometry, algebra	http://www.isical.ac.in/~admission/
Aptitude test of ISI	Indian Statistical Institutions	May	Calculus, Trigonometry, geometry, algebra	http://www.isical.ac.in/~admission/

Work Description

Above we have discussed the various jobs which are under aerospace engineering. But each job is different from the other. When a student selects their career path or specialization, they never do the detailed research about their career path. When they try to know about their selected career path, they will always stick to their research regarding good colleges and their related placements. But here students have to understand that this short-term information will not give you the actual reality of the future job prospects. When students research long-term prospects, they will get to know that there are various technicalities and nuances regarding the job that students had to understand before choosing this career option otherwise students will regret knowing the reality of the job. Because on paper, a job description seems very attractive but in reality, it is not like that. In reality, it is seen that for the students, the job which was attractive on paper, felt very cumbersome in reality. The reality was very harsh when they were on the field. (Here students have to understand that the study phase of a career is very different from the job phase of that career. Because the practical job is very different from what you study. Studying that subject will give you only theoretical knowledge but, in the field, you have to apply the knowledge which you have gathered but the situations will not be ideal. Therefore, practical jobs are very tough as conditions are real and not ideal.)
So, to avoid this situation, various job descriptions are mentioned below to make you aware of all the nuances. So go through all the descriptions properly and try to reconnect your dream job with the actual job position. Then based on that make your decision. If you feel that the dream job which you have imagined for you is at par with the actual job reality then you can go for that career. But if you think that the reality of the job is not acceptable for you then rethink your career option. This thinking process is required for the students when they choose their career options. As you have seen above, when you think about the long-term prospects you will get the proper clarity and based on that you can give a second thought about your career and this second thought is necessary.

• You have to collect the data, according to the requirements of the clients, legally and appropriately.
• You have to be aware of the new techniques and advancements in the field of statistics. Innovations are part of this industry.
• Since you are in this field you have the responsibility to develop techniques in the subject so that interpretation of the data becomes easy.
• Today all the business activities which are conducted are based on data analytics. So, you have to use advanced techniques of analytics to make decisions for the businesses.
• Since you are in this field, you have the responsibility to develop new principles in the subject.
• Today all the business activities which are conducted are based on data analytics. So, you have to use advanced techniques of analytics to make decisions for the businesses.
• You have to make research reports and share your findings.

Top Hiring Companies

• HP
• Infosys
• TCS
• HSBC
• GE
• UN Bodies (ICARDA, ICRISAT)
• Intel
• IBM
• General Motors
• Texas Instruments

FAQs

What are the pros of becoming a statistician?

• Sometimes there can be long working hours due to processing a large amount of data. Some projects might require staying away from home. As to process data one has to sit for long hours in front of computer screens which may lead to eye or wrist strain. Some positions such as independent researcher require a Ph.D.



What are the skills required to be a statician?

• To enhance the chances of success in the career as a statistician one must hold these skill sets such as technical skills, leadership skills, analytical skills, communication skills, problem-solving skills, speaking skills, critical thinking skills, writing skills.



What is the scope of a career as a statistician?

• A statistician has many career opportunities in various fields. Some of the sectors are Education, sports, research and development, psychology, data analysis, private companies, health care, government sectors, financial firms.

What are the suggested books to become a statistician?




• Book Name	Author/Publisher
  Naked Statistics: Stripping the Dread from the data	Charles Wheelan
  The Signal and the Noise: Why so many predictions fail - but some don’t	Nate Silver
  Statistics in plain English	Timothy C. Urdan
  All of Statistics: A concise course in statistical inference	Larry Wasserman
  Barron’s AP Statistics	Martin Sternstein PhD
  OpenIntro Statistics	David M Diez, Christopher D Barr, and Mine Cetinkaya Rundel
  Head First Statistics: A brain- friendly guide	Dawn Griffiths




Which coaching institute will provide proper preparation for B.Sc.entrance?

• ClearExam is a top notch and emerging institute. In ClearExam teachers are well versed with the engineering entrances. In ClearExam students get one to one attention which is lacking in another coaching institute. ClearExam study materials are well designed and are well researched.(www.cleariitmedical.com)

Similar Careers

Mathematics

Maths & Statistics

career-in-Statistics Ashna Bhatia 4.9 of 5

Career Library ...