In this article, we will have an in-depth analysis of B.Sc. Statistics course. It is a job oriented professional course. This article covers topics such as – course details, duration, eligibility criteria, admission process, syllabus and career prospects.
B.Sc. stands for Bachelor of Science. B.Sc. Statistics is a Bachelor’s Degree course that focuses on the discipline of statistics. The course covers topics such as – statistics, permutations and combinations.
Statistics involves collection, study, analysis, interpretation, presentation and organization of numerical data. This discipline of science applies statistics to solve industrial, social and scientific problems.
The applications of statistics are many! Statistical designs and experiments can be applied to obtain solutions to problems in the following fields – life sciences, economics, data science, risk management and marketing management!
If you are interested in crunching numbers, this course will suit you! The job opportunities associated with this discipline are also pretty impressive!
Statistics course is often bundled with relevant subjects like mathematics and computer science. It is not uncommon to see institutes offering a combo B.Sc. course (B.Sc. Computer Science, Mathematics and Statistics).
Statistics graduates have both government and private job opportunities available in front of them. Banking, finance and research firms are the prime job providers to statistics graduates.
Let us check out the important course details –
Type of course
It is a Bachelor’s Degree course.
The course is 3 years long.
10+2 passed with Physics, Chemistry and Mathematics subjects (Science stream).
It has been noted that eligibility criteria may vary from one institute to another. Some institutes are known to accept students from any stream (Arts, Commerce or Science), who have had mathematics subject in 10+2.
Reputed institutes rely on merit based admission process. Marks scored by students in 10+2 board exam and/or relevant entrance test is taken into consideration. Based on the marks scores, a merit list is formed.
Depending upon the cut-off marks, seats are allotted to deserving candidates. Some institutes are also known to conduct their own selection/entrance test.
Here are some of the important subjects present in B.Sc. Statistics academic program –
- Descriptive Statistics 1
- Introduction to Probability
- Descriptive Statistics 2
- Discrete Probability Distributions
- Continuous Probability Distributions
- Sampling Theory
- Estimation Theory
- Sampling Distributions and Applications
- Actuarial Science
- Operations Research 1
- Hypothesis Testing
- Designs of Experiment
- Stochastic Processes
- Operations Research 2
- Multivariate Analysis
- Time Series and Forecasting
- Quality Management
- Statistics and Life Sciences
- Data Science
- Data Mining
- Marketing Analytics
- Risk Analytics
PG courses and further studies
B.Sc. Statistics graduates may pursue any of the following PG courses –
- M.Sc. Statistics
- PGDM courses
Career prospects and job opportunities
B.Sc. Statistics graduates have access to both Government and private sector jobs. Some of the prime recruiters are –
- Finance institutions
- Educational institutes
- R&D firms
- Insurance companies
- Government organizations
- Trading companies
In the above mentioned work setups, B.Sc. Statistics graduates may take up the following job profiles –
- Risk analyst
- Loan officer
- Research professional