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Online M.Sc in Statistics in India is a postgraduate educational degree that specialize in advanced and research oriented study of statistical idea, methods and packages. The curriculum of this course involves fundamental topics along with opportunity, data, regression analysis, experimental design, multivariate analysis, time series analysis and data computing. Admission in top colleges for Online M.Sc in Statistics is based on the entrance exams. Some famous exams for the MSc Statistics course include IIT JAM, CUET-PG, CPGET, AP PGCET, ICAR AIEEA, etc. Eligibility Criteria for this course is to complete a Bachelor’s in Statistics or any equal degree with a minimum combination of 50% from a recognized college.
Duration of this online course is 2-years. Some popular colleges that offer MSc Statistics are Banaras Hindu University, Delhi University, VIT Vellore, University of Hyderabad, Aligarh Muslim University, UNIPUNE, etc. The average Online M.Sc in Statistics fees in India range between INR 360 to INR 10 Lakh.
MSc Statistics graduates can are seeking employment opportunities in sectors like BFSI, Information Technology, Healthcare, and more. Some popular job profiles to make career after Online M.Sc in Statistics are Statistician, Investment Analyst, Business Analyst, Risk Analyst and so on. Top Recruiters on this field are KPMG, Deloitte, Wipro, Cognizant, Pfizer, ITC, Genpact, Walmart Labs, etc. The average salary of an MSc Statistics graduate is INR 3-7 LPA in India. Read more to know about MSc Statistics course details, eligibility criteria, fees, top colleges, job profiles, etc.
Online M.Sc in Statistics in India is a 2-year degree. The UGC-DEB has recognized this course in online mode. It consists of topics that include probability concepts, statistical inference, data analysis, and regression. The fees for this program is Rs 35,000 to 50,000 according to year. Career opportunities include roles in data analysis, research, banking, and market studies.
Famous universities like SKU and Subharti University online offer this program is helpful to students trying to strengthen their knowledge in data. These universities offer a number of learning options, making it simpler for students to pursue higher education in MSc Statistics without the need for daily attendance.
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Parameters |
MSc Statistics Course Details |
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Course Name |
Master of Science in Statistics |
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Course Level |
Postgraduate |
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Course Duration |
2-Year |
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Admission Process |
Entrance Exam-Based |
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Eligibility Criteria |
BSc degree in Statistics or Mathematics or any equivalent degree in Statistics with Computer Applications. |
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Course Fee |
INR 360 and INR 10 Lakh |
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Entrance Exams |
IIT JAM, CUET-PG, CPGET, AP PGCET, ICAR AIEEA, etc. |
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Popular Colleges |
Banaras Hindu University, Delhi University, VIT Vellore, University of Hyderabad, Aligarh Muslim University, etc. |
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Job Profiles |
Investment Analyst, Business Analyst, Risk Analyst, Statistician, Data Analyst, etc. |
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Average Salary |
INR 3-7 LPA |
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Recruiters |
Neilson, Deloitte Consulting, Tata Consultancy Services Innovation Labs, Blue Ocean Marketing, BNP Paribas, Goldman Sachs, Genpact, Accenture, etc. |
India is country of best college for Online M.Sc in Statistics, that provide online education to students at affordable fees. These colleges are well known because of its quality academics, experienced teachers, interactive sessions, Learning management systems, research opportunities, etc. Let us tell you about top private and government colleges in India, with Online M.Sc in Statistics fees in India.
Top Government Colleges
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Best Government Colleges |
Tuition Fee |
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Banaras Hindu University |
INR 6,660 |
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Delhi University |
INR 480 |
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University of Hyderabad |
INR 14,240 |
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UNIPUNE - Savitribai Phule Pune University (SPPU) |
INR 6,500 |
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Panjab University |
INR 25,560 |
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Kerala University |
INR 3,360 |
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BBAU Lucknow |
INR 6,000 |
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Calcutta University |
INR 12,000 |
Top Private Colleges
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Best Private Colleges |
Tuition Fee |
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Bharath University, Chennai |
INR 1 Lakh |
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Christ University Bangalore |
INR 1.50 Lakh |
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JSS Academy of Higher Education and Research |
INR 60,000 |
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Loyola College, Chennai |
INR 29,140 |
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LPU - Lovely Professional University |
INR 2 Lakh |
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Mithibai College, West Mumbai |
INR 1.26 Lakh |
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Rajagiri College, Kochi |
INR 4,378 |
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SR University, Warangal |
INR 1.64 Lakh |
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VIT Vellore |
INR 1.6 - 3.75 Lakh |
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Yenepoya University |
INR 80,000 |
The candidates who are seeking for admission in best college for Online M.Sc in Statistics, must meet the eligibility criteria. Here are the general eligibility requirements to meet
MSc Statistics degree covers the various core topics and Online M.Sc in Statistics Major Subjects. It consists the Statistical theory and methods, Probability theory, Statistical modeling, Experimental design, Time series analysis, and so on. Here are detailed curriculum with the main subjects given below
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SEMESTER I |
SEMESTER II |
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Measure Theory & Linear Algebra |
Real and Complex Analysis |
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Probability Theory |
Inference-I |
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Distribution Theory |
Computer Programming |
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Programming in R (Lab Based) |
Sampling Techniques |
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Statistical Methods |
Applied Statistics-II |
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Computing Techniques |
Practical |
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Applied Statistics-I |
– |
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SEMESTER III |
SEMESTER IV |
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Multivariate Analysis |
Econometrics |
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Designs of Experiments |
Inference-II |
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Optimizations Techniques-I |
Optimization Techniques II |
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Stochastic Processes & Queuing Theory |
Practical |
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Agricultural Statistics |
Methods of Operations Research |
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Official Statistics |
Actuarial Statistics |
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– |
Clinical Trials |
There is a notable demand of Statistics experts in banking, insurance, and authorities sectors. The graduates also can are seeking for employment with universities and research centers. Graduates after completing M.Sc. In Statistics can earn up for a average salary of Rs. 30,000 to Rs. 70,000 per month, on basis of several factors, company, location, and experience.
Those with a passion for research can pursue doctoral studies (Ph.D.) in statistics, main to career after Online M.Sc in Statistics in educational research or specialised medical roles. Teaching positions at universities and colleges also are common courses for graduates.
The MSc Statistics salary for individuals in India can vary depending on factors including work experience, industry, place, and job role. However, MSc Statistics graduates can earn competitive salaries because of their specialized skills in data analysis, modeling, and interpretation. Here are the salary provided to experts
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Jobs |
Job Description |
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Investment Analyst |
An investment analyst does research and provides information to help traders, fund managers, and stockbrokers make investment decisions. |
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Business Analyst |
Data is used by business analysts to create business insights and advocate changes in corporations and other organizations. |
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Risk Analyst |
A risk analyst studies financial papers, economic conditions, and potential clients to assist businesses in determining the level of risk involved in making a specific business choice. |
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Statistician |
Mathematicians and statisticians often determine which data are required to answer specific questions or solve specific issues. |
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Data Analyst |
A data analyst examines data to discover critical insights about a company's consumers and ways the data may be used to solve problems. |
Here are common job roles, with Online M.Sc in Statistics Salary packages available for graduates
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Jobs |
Salary |
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Investment Analyst |
INR 16.7 LPA |
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Business Analyst |
INR 9.6 LPA |
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Risk Analyst |
INR 7.4 LPA |
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Statistician |
INR 5.8 LPA |
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Data Analyst |
INR 6.3 LPA |
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Cost Estimator |
INR 6.5 LPA |
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Service Estimator |
INR 6 LPA |
Graduates will get a wide range of job opportunities after completing their degree. There are various famous companies and top recruiters after Online M.Sc in Statistics, that hired the graduates and enhance their career growth. Here is list of top recruiters
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Amazon |
HDFC Bank |
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ICICI Bank |
McKinsey & Company |
Boston Consulting Group (BCG) |
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Pfizer |
Johnson & Johnson |
Flipkart |
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Amazon India |
Indian Statistical Institute (ISI) |
National Sample Survey Office (NSSO) |
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KPMG |
Indian Institutes of Management (IIMs) |
Deloitte |
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Standard Chartered Bank |
Citi Group |
Genpact |
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