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18 July,2022 | By Brainwonders
Course Name | Bachelor of Science in Statistics | |
Course Level | Undergraduate | |
Duration | 3-4 years | |
Semesters | 6-8 semesters | |
Eligibility | 12th from a recognised board with Mathematics as the compulsory subject | |
Admission | Entrance examination or Merit based | |
Course Fees | INR 20,000 to 2,00,000 | |
Average Salary | INR 4 to 8 LPA | |
Employment Areas | Banking institutions, government organisations, insurance companies, educational institutes, trading companies, etc. | |
Future Prospects | Statistician, Risk Analyst, Credit Risk Strategist, Statistics Manager, etc. |
This Blog Includes:
BSc Statistics is an undergraduate course that deals with the comprehensive study of Statistics, Mathematics, Probability, logic, and proofs. It is a 3-year program that introduces students to get familiar with theoretical and mathematical concepts, research projects, modelling, data analysis, etc. Statistical software, programming languages, and research assignments and projects are also vital to the BSc Statistics syllabus. The BSc in Statistics revolves around statistics and enhances mathematical comprehension and problem-solving skills for evaluating and solving statistical problems.
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Algebra – Matrices, equations, eigenvalues, orthogonality, linear independence, topics of vectors, and systems of equations, are widely discussed.
Probability Analysis – Through the BSc Statistics course, various topics of sampling, probability, sample spaces, continuous probability, distributions, etc., are included in the further study and discussion.
Data Science – In data science, students get a hand on learning practical experience to analyse data, to know the techniques of analysis, visualisation, sorting of data into a technical format, etc. Along with this, you will be studying various substantive topics like regression, predictive modelling, interpretation, etc. are covered.
Pure & Abstract Mathematics – It is one of the most puzzling subjects taught in the BSc Statistics program. Linear transformation, extreme values, inverse function, and intermediate value theorem are studied along with real analysis.
Calculus – This is the foundation for several related topics in a BSc Statistics curriculum. Functions, limits, derivatives, exponents, logarithms, differentiation, integration, and varied applications are only a few of the sub-topics covered in calculus.
Proofs & Problem Solving – The technique of solving the essence of mathematical evaluation. Various proofing methodologies and dealing with problems are widely discussed.
YEAR 1 | |
Semester 1 | Semester 2 |
Inequalities | Review of Integration and Definite Integrals |
Equations theories, Essential theorem of algebra and its consequences. | Review of Differential Equations |
Demoivre’s theorem | Differential Calculus |
YEAR 2 | |
Semester 3 | Semester 4 |
Probability Theory | Index Number |
Measures of Location (or Central Tendency) and Dispersion | Mathematical Finance |
Statistical Methods | Utility and Production Functions |
Random Variables | Demand Analysis |
Expectation of Random Variable and its properties | Time Series |
YEAR 3 | |
Semester 5 | Semester 6 |
Stratified Random Sample | Numerical Analysis |
Basic Sampling Method | Inverse Interpolation |
Sample Surveys | Numerical Integration |
Fundamental Theorem of Algebra and its Consequences | General Linear Models |
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In order to get admission across the top universities, you must fit into the eligibility criteria set up by the institute or university. Listed below are the few requirements that a student must follow to get admitted to Indian university colleges:
The admission process in India is very relevant, short and straightforward. When applying for BSc Statistics, remember that it is exclusively for students who studied Physics, Chemistry, and Biology in high school. The following are the admission requirements for a BSc Statistics degree in India:
There are numerous tracks/concentrations available in a BSc Statistics degree at both the UG and PG levels to achieve advanced and domain-specific expertise. Some of the alternatives are listed below:
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BSc Statistics Institutes in Mumbai
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With the advent of technology and increased demand, the scope of BSc Statistics has been increasing in recent times. Statistics is required in almost every field, including business, agriculture, industry, government, private, etc. After completing BSc Statistics, a student can also go for higher studies by pursuing MSc Statistics or can even opt for Indian Statistical Service, Civil Service & Indian Economic Service exams.
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Now that you are aware of the many career roles accessible after completing a BSc Statistics degree, as well as the compensation ranges, here are some of the top recruiters in this field:
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