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BSc Statistics: Course, Subjects, Eligibility, Top Universities, Admission 2023, Syllabus, Jobs, Salary

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Sounak Banerjee

Associate Content Manager

BSc Statistics is a 3 year undergraduate course after 12th divided into 6 semesters that broadly deals with the areas of Probability and Statistical Methods, Survey Sampling, Numerical Analysis, etc that is essential for statistical analysis and solving statistical problems. The course includes lectures, flying and simulation training, assignments etc aimed at offering classroom, and practical training as well.

See Also: BSc Statistics Syllabus

The students planning to pursue a BSc in Statistics must have completed 10+2 with subjects Physics, Chemistry, and Mathematics. At least a 50% mark from a recognized school in India is mandatory to get BSc Statistics Admission

Admissions to top BSc Statistics Colleges are based on merit and also on the candidates’ performance in the entrance exams such as  BHU UET, IISER IAT etc. The average annual fees required to study BSc Statistics vary from INR 20,000-1,50,000.

This sector is expected to create more than 20 Lakh jobs in the coming 5 years. The average course fee ranges from INR 20,000 - INR 1,50,000.

BSc Statistics Course Details

Course Level Undergraduate
BSc Statistics Full Form Bachelor of Science in Statistics
BSc Statistics Duration 3 years
Examination Type Semester
BSc Statistics Eligibility 10+2 from a recognized educational board with Maths as one of the major subjects.
BSc Statistics Admission Merit or Entrance Examination
BSc Statistics Course Fee INR 20,000-1,50,000
BSc Statistics Salary INR 4.5-8 LPA
Top Recruiting Companies Federal bank, Cognizant, IBM, UBS, L&T, Infosys, Wipro, Deloitte, Future First, HDFC Bank, Google, etc.
BSc Statistics Jobs Banks, Finance institutions, Educational institutes, R&D firms, Insurance companies, Government organizations, Trading companies, etc.
Top Job Positions Risk analyst, Statistician, Actuary Manager, Research professional, Credit Risk Strategist, Analysis/Statistics Manager, Subject Matter Expert - Statistics, etc

What is BSc Statistics?

BSc Statistics is a UG course allowing the students to understand, learn and use knowledge of statistics and mathematics to have a successful career. BSc Statistics emphasizes the areas of Probability and Statistical Methods, Survey Sampling, Numerical Analysis, etc

BSc Statistics plays a huge role in getting through the fields of risk assessment and management. Computer science and Mathematics are the two most important parts of the BSc Statistics course curriculum.

The demand for BSc Statistics is growing rapidly and various national and international firms like Banks, Financial institutions, R&D firms, etc look for qualified graduates in this particular field.

Why Study BSc Statistics?

There are numerous advantages of pursuing BSc Statistics out of which some are mentioned underneath:

  • The students will get relevant skills like data analysis, observation of patterns, deduction of conclusions, etc
  • BSc Statistics is the right course to develop problem-solving skills in an individual
  • This course helps the students to use logical ways to formulate theories and apply the same to solve problems in the job sector.
  • Students can explore various job roles in the industries like Banks, Financial institutions, R&D firms, etc
  • Pursuing BSc Statistics makes a candidate eligible to earn an average salary within the range of INR 5 to 8 LPA.
  • Some of the top recruiters of this field are Federal bank, Cognizant, IBM, UBS, L&T, Infosys, Wipro, Deloitte, Future First, HDFC Bank, Google, etc.
Why Study?

Who should study BSc Statistics?

  • Individuals who are curious to learn about new research, methods, and models where statistics are used in exciting and surprising new ways.
  • Individuals wanting to change their career path can pursue Bsc. Statistics
  • Biology students can also pursue BSc Statistics to record experimental data in laboratories.

BSc Statistics: Admission Process

Admission to BSc Statistics in India is offered through the following ways:

  • Merit-Based: Top Bsc Statistics colleges like Fergusson College, Mount Carmel College, and more offer admission to the students based on merit. In that case, their overall score in the 10+2 level is very important.
  • Entrance Based: Few colleges like Christ University offer admission to BSc Statistics on the basis of marks obtained in the entrance exams. Post qualifying the entrance exams, the shortlisted students may also require to appear for a Group Discussion and Personal Interview round.

BSc Statistics: Eligibility

Following are the BSc Statistics eligibility criteria to be fulfilled by the students:

  • The students must have completed Class 12 with at least 50% including all subjects from a recognized school.
  • Candidates also need to qualify Class 12 with Mathematics as one of the main subjects.

BSc Statistics Entrance Exams

Some of the .BSc Statistics Entrance Exams are as follows:.

Entrance Exam

Name of the Exams Registration Dates Exam Dates
NPAT December 01, 2022 – May 21, 2023 January 04, 2023 – May 31, 2023
CUET April 2023 May 21 – 31, 2023
CUCET November 28 - May 29, 2023 November 28 - May 30, 2023
SET December 10 – April 12, 2023 May 06, 2023 (Test 1)
May 14, 2023 (Test 2)

How to prepare for BSc Statistics Entrance Exams?

  • It is mandatory for the students to get familiar with the subjects like Physics, Chemistry, and Mathematics that will be asked in the test.
  • You can refer to the books of renowned authors and practice taking more mock tests so that you can get a better understanding of your preparation.
  • The students are suggested to focus on the weaknesses as well so that no important topic gets missed out.
  • All the aspirants appearing for the entrance exam need to stay motivated and calm at the same time. This will help them to continue their preparation in a more encouraging way.

BSc Statistics Online

One can pursue Statistics courses Online provided by some of the platforms which are shown below along with the Fees and Duration.

Course Provider Duration and Fees
Introduction to Statistics Udemy Lifetime Access INR 490
Fundamentals of Statistics EDx 8 Weeks FREE
Advanced Statistics for Data Science Coursera 5 Months 2,582
Intro to Statistics Udacity 8 Weeks FREE

BSc Statistics Subjects

The first year of the BSc Statistics Syllabus includes subjects like Analytical Solid Geometry, Probability & Statistics, etc. While in the second year, subjects like real analysis, Mechanics, Abstract Algebra, etc will be introduced.

BSc Statistics subjects might differ from college to college, but the majority of the course concepts remain the same in almost all the colleges.

Major Subjects

The table drawn below is the semester-wise break up of the BSc Statistics Syllabus.

Semester 1 Semester 2
Demoivre’s theorem Differential Calculus
Equations theories, Fundamental theorem of algebra and its consequences. Review of Differential Equations
Inequalities Review of integration and definite integrals
Semester 3 Semester 4
Statistical Methods Index Numbers
Measures of location (or central tendency) and dispersion Demand Analysis
Probability Theory Utility and Production Functions
Random Variables Mathematical Finance
The expectation of random variables and their properties Time Series
Semester 5 Semester 6
Sample Surveys Numerical Analysis
Basic sampling methods Inverse interpolation
Stratified random sampling Numerical integration
Fundamental theorem of algebra and its consequences General Linear models

BSc Statistics 1st year: Subjects

  • Review of Integration and Definite Integrals: A definite integral represents a number when the lower and upper limits are constants. The indefinite integral represents a family of functions whose derivatives are f. 
  • Demoivre’s theorem: DeMoivre's Theorem is one of the most important and useful theorems which connects complex numbers and trigonometry. It is helpful for obtaining relationships between trigonometric functions of multiple angles.
  • Differential Calculus: Differential calculus is a method that deals with the rate of change of one quantity with respect to another. The rate of change of x with respect to y is expressed dx/dy. It is one of the major calculus concepts apart from integrals.
  • Review of Differential Equations:  A differential equation is an equation for an unknown function that contains the derivatives of that unknown function.

BSc Statistics 2nd Year

  • Probability Theory: Probability theory is the mathematical framework that allows us to analyze chance events in a logically sound manner. The probability of an event is a number indicating how likely that event will occur
  • Index Numbers: The index number is a process for the evaluation of different alterations in a variable or a group of variables with respect to time, geographical location, etc. Its significance is derived from the fact that it can be utilized for the measurement of differences within related variables belonging to a group.
  • Statistical Methods: Statistical methods are mathematical formulas, models, and techniques that are used in the statistical analysis of raw research data. The application of statistical methods extracts information from research data and provides different ways to assess the robustness of research outputs
  • Utility and Production Functions: A utility function is a representation to define individual preferences for goods or services beyond the explicit monetary value of those goods or services. In other words, it is a calculation of how much someone desires something, and it is relative.


BSc Statistics 3rd Year

  • Basic Sampling Methods: Sampling is a method that allows researchers to infer information about a population based on results from a subset of the population, without having to investigate every individual.
  • Fundamental Theorem of Algebra and its Consequences: It states that every polynomial equation of degree n with complex number coefficients has n roots, or solutions, in the complex numbers. The roots can have a multiplicity greater than zero.
  • Numerical Analysis: Numerical analysis is the area of mathematics and computer science that creates, analyzes, and implements algorithms for solving numerically the problems of continuous mathematics.
  • Numerical Integration: Numerical integration comprises a broad family of algorithms for calculating the numerical value of a definite integral, and by extension, the term is also sometimes used to describe the numerical solution of differential equations.

BSc Statistics Books

Following are some of the BSc Statistics books to help you get a better understanding of the complex BSc Statistics subjects.

Name of the book Author
Fundamentals of applied statistics S.c Gupta & V.K kapoor
A Brief Course in Mathematical Statistics Elliot Tanis & Robert V. Hogg
Introduction methods of numerical analysis S.S Sastry
Theory and Analysis of Sample Survey Designs Daroga Singh and Fauran S. Chaudhary
Introduction to Statistical Theory Charles J. Stone, Paul Gerhard Hoel, and Sidney C. Port

BSc Statistics Colleges in India

Below tables list some of the top BSc Statistics Colleges across India along with their fee structure.

BSc Statistics Colleges in Delhi

BSc Statistics Colleges in Mumbai

BSc Statistics Colleges in Bangalore

Name of the College Average Fees (INR)
Mount Carmel College 42,000
Christ University 35,000
St. Joseph’s College 32,950
Kristu Jayanti College 50,000
Indian Academy Group of Institutions 1,92,200
Reva University 35,000

BSc Statistics Colleges in Hyderabad

BSc Statistics Colleges in Chennai

BSc Statistics College Comparison

Tabulated below is the comparison between some of the top colleges offering BSc Statistics in India.

Parameters St. Xavier’s College Fergusson College
College overview Affiliated to the University of Mumbai, St. Xavier’s College offers Undergraduate, Postgraduate, Certificate, and Diploma programs in the fields of Arts, Science, Business and Commerce. Deccan Education Society established Fergusson College in the year 1885. The college is affiliated to the Savitribai Phule Pune University.
The Week Ranking 10 8
Location Mumbai Pune
Average Annual Fee INR 7,187 INR 11,025
Average Annual Package INR 7 LPA INR 4.46 LPA
Top recruiters Wipro, Deloitte, Odessa Technologies, TESCO, Viacom, etc. Deloitte, KPMG, Ernst & Young, Accenture, ICICI Bank, etc

How to get admission in a good BSc Statistics college?

In order to secure a seat into the top BSc Statistics colleges under DU, BHU, etc, refer to the below mentioned points:

  • Make sure to score well in your 12th board examinations. An extraordinary mark is required in Mathematics.
  • Stay alert and check the detailed admission procedure at the time of filling the application form.
  • Start preparing well for entrances, if your dream college offers admission on the basis of so.
  • Preparation of entrances must be taken thoroughly and in advance without missing any part.
  • Start shaping yourself for the group discussion and personal interview rounds.
  • Keep yourself updated with all the updates of important dates like application process, application deadline, entrance exams, etc.

BSc Statistics Course Comparison

Beneath we have discussed a few differences between BSc Statistics and BSc Statistics Honours based on a few important grounds.

Parameters BSc Statistics BSc Statistics Honours
Qualification Bachelor of Science in Statistics Bachelor of Science in Statistics Honours
Course Overview BSc Statistics Lays emphasis on the collection, meaningful segregation, and interpretation of collected data. BSc Statistics Honours not only emphasizes the areas of collection, meaningful segregation, and interpretation of collected data, but also the approach of the course is much more detailed
Duration 3 Years 3 Years
Eligibility 10+2 from a recognized educational board with Maths as one of the major subjects. A minimum score of 55% (Relaxable for reserved category students) marks at 10+2 or equivalent level.
Admission Process Merit or Entrance Examination Entrance exam based/Merit-based
Average Annual Fees INR 20,000-1,50,000 INR 30,000-2,0,000
Top Colleges Fergusson College, St. Xavier’s College, Mount Carmel College, Christ University, Ramnarain Ruia Autonomous College, etc Aligarh Muslim University, Amity University, Assam University, BHU, BJB Autonomous College, DAV University, Dibrugarh University, etc.
Average Annual Salary INR 4.5-8 LPA INR 5-8 LPA
Comparison

BSc Statistics Jobs

BSc Statistics graduates can get decent placements within the same industry immediately after completing their studies. There are plenty of BSc Statistics Jobs available in both the government and private sector. B.Sc Statistics covers both the public and private sectors, there is a wide range of employment opportunities for aspirants after this course. A student pursuing a bachelor's degree in statistics can look forward to jobs such as statistician, risk analyst, actuarial manager, etc. The average salary ranges from INR 450,000 to INR 800,000 per year and increases with time and experience. B.Sc. Statistics careers often pay well and are associated with high job satisfaction and a good work-life balance. Some of the top recruiters in this field include Google, Infosys, Wipro, Cognizant, Deloitte, Federal Bank, UBS, IBM, and HDFC Bank.

Job Profiles

The table below describes some of the BSc Statistics Jobs that can be considered by the BSc Statistics graduates, along with the Average Salary Scale:

Job Position Job Description Average Annual Salary (INR)
Financial Analyst They work in the accounts department within a company and their role includes preparing, managing and analysing accounting information. 8 LPA
Data Analyst They are responsible for preparing every kind of data for a company and they collect, validate, transform, and present the collected information in a more presentable way. 7 LPA
Financial Accountant They ensure that the operations of accounting and financial activities are being carried in the right way. 6 LPA
Analyst- Broking They offer useful information to the stockbrokers, fund managers, stock market traders etc. 5.5 LPA
Credit Control Executive These professionals decide the capability of a creditor’s eligibility for loan and also looks after the debts of existing customers. 5 LPA
salary trend

Top Recruiters

Some of the popular companies hiring these graduates are:

Cognizant IBM
UBS Infosys
Wipro Deloitte
HDFC Bank Google

BSc Statistics Scope

The demand for the BSc Statistics is growing rapidly and various national and international firms like Banks, Finance institutions, R&D firms, etc look for the qualified graduates in this particular field.

This sector is expected to create more than 20 Lakh jobs in the coming 5 years. So B.Sc. Statistics have emerged as one of the popular choices for those students planning to have a career in the Finance industry.

However, apart from making a career in any of the above fields, one can also opt for higher studies. Pursuing a Master’s in Statistics and to take up Actuarial Science as a specialization by studying M.Sc Actuarial Science. Studying further in the same domain will increase the possibilities of an individual to earn well and get ample opportunities.

ISI, TIFR, IITs are some of the top institutions to help you carry out research in the same field.

BSc Statistics FAQs

Ques. What jobs one can get after BSc Statistcs?

Ans. The job role one can get after completion of BSc Statistics are of Statistician, Market Research Analyst, Technical Writer, Consultant, Biostatistician, Content Analyst, Research Associate and Data Analyst.

Ques. What is BSc Statistics?

Ans. BSc Statistics is a UG course permitting the scholars to understand, examine and use understanding of statistics and arithmetic to have a successful career. BSc Statistics emphasises at the regions of Probability and Statistical Methods, Survey Sampling, Numerical Analysis, etc.

Ques. Is Statistics a good career?

Ans. Statistics careers are frequently high-paying and include sturdy stages of activity delight and desirable work-lifestyles balance, in keeping with U.S. News and World Report. The mag acknowledged for its annual ratings of the excellent jobs withinside the usa ranks statistician because the No. 1 commercial enterprise activity.

Ques. What is the eligibility criteria of BSc Statistics?

Ans. Candidates must have completed the formal education of 10 + 2 from a recognised board.

It is necessary for applicants to have Mathematics as their core subjects in class 12th.

Ques. What is the admission process for BSc Statistics?

Ans. Admission to BSc Statistics course is provided by various college/universities is offered through 2 methods i.e. direct admission and the other is entrance exam based.

Ques. What are the required skills for BSc Statistics?

Ans. The skills required for BSc Statistics are awesome problem-fixing and logical questioning skills. The college students need to be capable of apprehend the summary mathematical concepts. The college students need to have awesome communique skills. The college students need to be properly versed with interpersonal skills.

Ques. What are the top BSc Statistics Entrance exams?

Ans. Most of the universities conduct entrance exam to admit candidates to BSc Statistics undergraduate Program. Some of the top entrance exams are BHU UET, GSAT, DSAT an SUAT.

Ques. What are the top recruiters of BSc Statistics?

Ans. Some of the top recruiters that hire BSc Statistics are Google, Deloitte, Cognizant, Wipro, federal bank, IBM, Infosys, HDC Bank and UBS.

Ques. Why should one pursue BSc Statistics?

Ans. Students who are good in calculations and mathematics can pursue this course. It will open doors for excellent job opportunities in various industries like finance, banking, etc. The average starting salary one can earn ranges between INR 6 LPA to INR 10 LPA.

Ques. What is the future of BSc Statistics graduate?

Ans. With a bachelor's degree in Statistics, you can actually end up as a commercial enterprise analyst, studies officer, records analyst or maybe an investigator. Statisticians also are required withinside the authorities area to paintings on research and studies on customer prices, fluctuations withinside the economy, employment patterns, populace trends, etc.

Ques. What are Some of the Main Subjects in Bsc Statistics?

Ans. Some of the main BSc Statistics subjects include statistics, permutations, probability theory, index numbers, combinations, etc.

Ques. What is the mode of the registration for the BSc Statistics entrance exam?

Ans. The candidate can apply for a BSc Statistics course by filling the form online or offline as well.

Ques. What are the job opportunities after completing this program?

Ans. There are wider job opportunities that can be considered once the students have completed this course. Some of the options include:

  • Risk analyst
  • Statistician
  • Loan officer
  • Research professional
  • Consultant

Ask your question

Answered Questions

PD

Praniti Das

28 Sept 21

ISI Kolkata does not provide a B.Math program. The majority of B.Stat students return for M.Stat while some people join CMI, TIFR, IIM, and other such organizations. 

M.Stat employees earn an average of 16–17 LPA, and many of them attend prestigious US graduate institutions. There are no fees for the entire program, and a stipend is provided. So, if you're looking for a career here, your future is bright.

...Show More

SB

Soutrik Banerjee

22 Aug 22

Life at ISI Kolkata isn’t similar to that of other typical colleges, where you can bunk classes, mug up concepts right before the examination, and score passing grades. It maintains a high standard of academics. The curriculum and course work is extremely grueling. Many students find it difficult to even score passing marks in some courses. ISI doesn’t give any option to retake a course. Many students take admission at ISI for the free-of-cost world-class education, it offers. This is not a good motivation for choosing the institute. Choose ISI Kolkata B.Stat, only if you are interested in the course. 

...Show More

GG

Geetika Goel

13 Sept 21

ISI Kolkata is considered to be a good institute for B.Stats. It accepts admission purely on the basis of the entrance exam and the interview. The minimum eligibility criteria for the entrance is 70% in class 12th boards. 

The selection process will be finalized upon your performance in the entrance exam and the interview session. With this score, you will be able to pass through the cutoff but you must have an exemplary performance during the interview session.

...Show More

SR

Shrayanshi Roy

15 Sept 21

Taking a course at IIT is just as difficult and demanding as pursuing a B.Stat course at ISI. They are whatever you choose to do with your life, whether you like mathematics/statistics enough to spend three years learning statistics (and a little math) and statistics solely at ISI, or you believe you are skilled in another subject that has a good course at one of the numerous IITs.

It depends totally on where you want to be. Furthermore, even if you prepare for college X, there is no guarantee that you will be accepted. As a result, keeping colleges Y and Z in mind as a backup is always a good idea.

Only you can decide which option is preferable for you and what you want. 

...Show More

GS

Gagan Singh

22 Sept 21

My brother appeared for the interview last year, so I think I can answer your question.

The panelists will evaluate your ability to explain new questions. They might even ask you to solve the questions on the board. You must be clear about your choice of ISI Kolkata as you will be asked the reason for the same during the interview.

Expect questions on topics such as Calculus, Geometry, Combinatorics, and Probability. Keep your basics clear, know the definitions, and practice solving problems based on the definitions.

Just keep practicing, be confident and give your best shot at the interview.

...Show More

DM

Deepika Mitra

05 May 22

ISI Kolkata B.Stat can be an ideal fit for you, if you are interested in Mathematics and Statistics. 

However, in terms of placements, doing just a B.Stat isn’t enough. Recruiting companies rarely employ students with just a B.Stat degree. If you want good placement packages do an M.Stat from ISI or a foreign university. After completing M.Stat, students usually receive an average CTC of around INR 19 LPA.

...Show More

TD

Tina Dey

21 Sept 21

There are three sections in the entrance exam and the level of maths is the same as what you studied in your 12th. The exam follows the pattern of most high school mathematics competitions (RMO, INMO, etc).

The three sections of the Entrance Exam consist of MCQ, A Subjective Test, and an Interview.

The books you must know are:

  1. Problem Solving Strategies by Engel Arthur
  2. Test of Mathematics at the 10 + 2 level, Indian Statistical Institute, Published by Affiliated East-West Press Pvt. Ltd.
  3. Challenge and Thrill of Pre-College Mathematics by B. J. Venkatachala

You should complete these all and do previous year’s papers of ISI/CMI RMO, INMO and IMO.

For Interview:

  • Once you crack the exam, the interview part won’t be that difficult.
  • Answer the questions confidently and honestly.
  • The entrance exam of ISI is not easy and also there are only a few seats for B.Stat. 
  • You have to prepare well.

Do not overthink and do your preparation well. This will help you a lot. Be calm and try to think of cracking the exam and the latter part would be an easy task for you.

...Show More

PD

Priyam Dey

13 Sept 21

The path you want to get into is a very dangerous one and it can totally spoil your career without you being able to do anything for it. 

ISI, B.Stat is a very famous course and is known for the entrance paper which is considered very tough by all those appearing in it. The course is tough because the student who is above the cutoff receives a huge financial help from the government covering the major portion of the tuition fee. Apart from this after the entrance exam the candidate can be certain of a well paid job one he/she completes the course and is awarded with the degree.

It gets difficult for the selections if there’s a year gap as lower age students are preferred and in your case there's a two year gap so the chances reduce even more. It would be very risky to change your college again and could cost some harm in your career.

...Show More

NK

Natasha Kaur

22 Sept 21

Kolkata is one of India's safest cities. This city attracts visitors from all over India and the world. That's why it's known as the "City of Joy." Bengalis are extremely friendly. 

ISI Kolkata is known to have the most sought-after institute in Statistical expertise. It has one of the best faculty members in India. Out of which, 30 professors were published in Standford University.

Moreover, you have got a seat in B.Stat which is considered one of the toughest examinations for Mathematics in Asia. You should base your judgement on the basis of a stereotype as letting go of this opportunity will be a wrong decision.

Almost 50% of the batch consists of Non-Bengalis here at ISI Kolkata. There is no need to worry as the institute also has a rigid anti-ragging policy.

...Show More

AS

Aniket Sinha

07 Oct 21

Both B.Stat and B.Math are different courses being offered at different campuses at ISI Kolkata and ISI Bangalore respectively. There are only a few common subjects in both courses. 

The choice ultimately depends on your choice and interest. You can go through the syllabus of both courses and understand the topics. Find whichever interests you, you can choose to be research-oriented like B.math students or go for M.stat or other courses, if you choose so.

You can apply for only 1 course because the institute conducts the entrance of both courses at the same time and day. You will be able to appear for only one of them.

...Show More

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