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M.Sc Statistics also known as Master of science in Statistics is a 2 year postgraduate program. This course aims to provide the knowledge collection, organization and interpretation of data. Statistics basically build models or statistics populations in order of scientific, industrial or social problems. In order to pursue M.Sc Statistics candidates must have completed graduation in statistics, mathematics or economics.
The M.Sc Statistics course consists of the core as well as elective subjects. This course contains theoretical and practical knowledge of statistics. This course syllabus covers topics such as distribution theory, measure theory, probability, matrix algebra, numerical analysis, computer programming, inference, linear models, regression analysis and sample analysis.
See Also: Statistics Courses
M.Sc. Statistics Course Details
Tabulated below is the details of M.Sc Statistics with all the relevant information useful for the candidates,
| Degree | Post Graduate |
| Full form | Master of Science in Statistics |
| Duration | 2 years |
| Age | Candidate must be minimum 23 years |
| Minimum Eligibility | Candidates must have completed an undergraduate degree in Statistics with a minimum of 50% or above from a recognized institute. |
| Average Fees | INR 40,000 - 1,20,000 for the entire duration |
| Average Salary | INR 5.50 L - 10.10 LPA |
| Employment Roles | Data Scientist, Consultant, statistical trainer, Data Analyst, Risk Analyst, Statistician, Business analyst, Professor, mathematician |
| Employment Sectors | Indian Statistical services, insurance sector, agricultural research, banks, demographic studies, planning commission, research, manufacturing sector |
| Top Recruiters | Deloitte Consulting, TCS Innovations, Nielsen Company, Accenture, HP, RBI, HSBC, Genpact, American Express, Cognizant, BNP Paribas India, HDFC. |
M.Sc. Statistics Syllabus
M.Sc statistics course is a 2 year postgraduate program divided into 4 semesters. The syllabus of this program focuses on covering various aspects of Statistics, organic spectroscopy, polymeric compounds, aromaticity and aromatic compounds and many more. It also deals with theoretical and practical subjects. Tabulated below is the syllabus of the M.Sc. Statistics are explained in detail.
| Semester I | Semester II |
|---|---|
| Distribution Theory | Inference I |
| Distribution Theory (Practical) | Inference I (Practical) |
| Measure Theory and Probability | Linear Models and Regression Analysis |
| Matrix Algebra and Numerical Analysis (Practical) | Linear Models and Regression Analysis (Practical) |
| Computer Programming (Practical) | Sample Surveys |
| Ancillary Mathematics | Sample Surveys (Practical) |
| Semester III | Semester IV |
| Inference II | Multivariate Analysis |
| Design of Experiments | Econometrics and Economic Statistics |
| Time Series Analysis | Environmental Statistics |
| Inference II (Practical) | - |
| Design of Experiments (Practical) | - |
| Time Series Analysis (Practical) | - |
M.Sc. Statistics Subjects
MSc Statistics syllabus is divided into 4 semesters over 2 years. Students must have a look at the MSc Statistics Syllabus before choosing the course.
First Semester Subjects
- Probability Theory- This course provides the foundation of probability theory and statistical modeling of the outcomes based on real life experiments. Some of the topics include classes of sets, bayes theorem, random variable, probability mass function, convergence in probability etc.
- Sampling Techniques - The objective of the subject is to make the candidates understand the merits of sampling over census. Through this subject, candidates will learn about the basic concepts of population and sample. Some of the topics include Introduction to sampling, stratified sampling, ratio and regression methods etc
Second Semester Subjects
- Regression Analysis - The aim of this subject is to develop the theoretical foundation of regression models and also help in understanding fundamental concepts of regression analysis.
- Statistical Inference - This subject provides knowledge of estimation theory to arrive at optimality and also provides knowledge of Newman Pearson theory and the closely related theory of point of estimation and confidence sets etc.
Third Semester Subjects
- Statistical Inference III - The main purpose of this course is to provide detailed knowledge about the inferential procedure including Bayesian and non-parametric Inference, role of posterior distribution etc.
- Econometrics - The main purpose of this subject is to give knowledge about solid foundations in econometric techniques, various functions for economic analysis and future forecasting, understanding the basic concepts of econometrics.etc,
See Also: MSc Agricultural Statistics
Fourth Semester Subjects
- Survival Analysis- The main objective of this subject is to provide the knowledge of statistics in handling survival data. This course deals with the concept of censoring and various life time distributions used to analyze such data
- Decision Theory and Sequential Analysis - This subject includes detailed knowledge of the decision theory and sequential analysis, posterior decision, hypothesis analysis, bayesian and frequentist approaches.
M.Sc. Statistics Entrance Exam Syllabus CUET
The exam of CUET will be conducted in two shifts. The exam is conducted by the National Testing Agency. Section 1A and 1B are the language tests consisting of 50 questions which have to be completed within 45 Mins. while the other two sections will comprise 50 and 75 questions respectively of which the allotted time will be 45 mins and 60 mins.
Tabulated below is the syllabus of BSc Biochemistry section wise is mentioned for your better reference,
| Section 1A | Section 1B |
|---|---|
| Assamese | Kashmiri |
| Kannada | French |
| Bengali | Konkani |
| Malayalam | Spanish |
| English | Boda |
| Marathi | German |
| Gujarat | Dogri |
| Odia | Nepali |
| Hindi | Maithili |
| Tamil | Persian |
| Telugu | Mainpuri |
| Urdu | Italian |
| - | Santhali |
| - | Arabic |
| - | Tibetian |
| - | Sindhi |
| - | Japanese |
| - | Russian |
| - | Chinese |
| - | sanskrit |
| Section II - Domain Specific Subjects | Section III- General Aptitude |
| Sequence and series, convergence of sequences of real numbers, comparison, root and ratio | General Knowledge & Current Affairs |
| Differential Calculus | General Mental Ability |
| Integral Calculus | Numerical Ability |
| Matrices | Quantitative Reasoning including simple application of basic mathematical concepts such as arithmetic , algebra, geometry, mensuration, statistics |
| Differential Equations | Logical and Analytical Reasoning |
| Statistics probability | - |
| Random variables | - |
| Standard distribution | - |
| Sampling distribution | - |
IIT JAM M.Sc. Statistics syllabus
IIT JAM exam is conducted by IIT jamshedpur. Exam is conducted once a year. The duration of the exam is 3 hours. The exam is divided into 3 sections and the questions will be MCQ types. The total marks will be 100 marks. The detailed syllabus of the program is provided below for your reference,
| Topics | Subjects |
|---|---|
| Linear Algebra |
|
| Calculus |
|
| Differential equation |
|
| Probability and sampling distributions |
|
M.Sc. Statistics Teaching Methodology and Techniques
The M.Sc Statistics program is a combination of theoretical and practical syllabus and also includes the latest application. Candidates have to study core subjects as well as elective subjects, including lectures and practicals. The teaching methodologies are useful for the development of skills. Some of the important techniques adopted by institutes are mentioned below for your reference,
- Case-based learning
- Collaborative learning
- Classroom system
- Demonstrations
- Group discussions
- Diagrams and Graphs
- Interactive teaching
- Lectures
- Problem solving
- Group assignments
M.Sc. Statistics Top Colleges
India is home to more than 200 M.Sc Statistics colleges. Around 48% of the colleges are private, 26% colleges are government colleges and the remaining colleges are private-deemed. Some of the top colleges include IIT Bombay, University of Delhi, vellore institute of technology, presidency college etc. Tabulated below are some of the top colleges in India and their annual fees,
| Name of the college | Average course fees |
|---|---|
| Hindu College | 18,510 |
| Lady Shri Ram College for Women | 24,120 |
| Loyola College | 11,340 |
| Madras Christian College | 17,220 |
| The LNM Institute of Information Technology | 50,200 |
| Presidency College | 34,580 |
| Ramjas College | 14,284 |
| Sri Venkateswara College | 13,791 |
| Christ University | 65,000 |
| Mithibai College of Arts | 40,000 |
M.Sc. Statistics Books
There are a number of books available in the market both online and offline of M.Sc Statistics by world renowned authors and publishers. These reference books help the candidates to understand the concept in-depth. These books can also be used for civil services preparations and also to conduct research. Given below are some of the top books for candidates pursuing M.Sc. Statistics course for your reference,
| Reference Books | Authors |
|---|---|
| Introduction to probability & Statistics | V.K. Rohtagi |
| The fundamental of Mathematical Statistics | S.C Gupta and V.K Kapoor |
| An Introduction to the Theory of Statistics | Mood and Graybill |
| An Introduction to Mathematical Statistics | Hogg and Craig |
| Statistical Methods | N.G. Das |
M.Sc. Statistics Syllabus: FAQs
Ques. What is the M.Sc. Statistics course about?
Ans. M.Sc. Statistics is a 2-year postgraduate course that deals with the study of the collection, organization, analyzing and interpretation of statistical data. Statisticians basically build models to solve scientific, industrial or social problems.
Ques. What is the eligibility criteria for M.Sc. Statistics?
Ans. The eligibility criteria for M.Sc. Statistics is:
- The candidates must have completed their graduation in B.Sc. in either Statistics or Mathematics from a recognized university.
- The candidate must have obtained a minimum aggregate of 50% or above or equivalent CGPA.
- Where needed the candidate must give the entrance exam.
Ques. What is the admission process for M.Sc. Statistics ?
Ans. The admission process for M.Sc. Statistics are done based on the performance of the candidate in the qualifying exam. The candidate must score 50% aggregate in the qualifying exam to be eligible for admission to M.Sc. Statistics. Then a merit list will be released on the basis of which candidates can secure their admission. Some universities also require the candidate to give entrance exams so the candidate must score more than 40% on the entrance exams.
Ques. What is the entrance examination for M.Sc. Statistics ?
Ans. Yes, there are universities that conduct entrance exams in order to select the candidates. Some of the top entrance exams are :
- CSIR NET
- BHU PET
- JNU
- ISI
Ques. What is the course fee for M.Sc. Statistics?
Ans. The application fee of the M.Sc. Statistics course vary from college to college. The minimum course fees in India is INR 40,000 while the maximum can go up to INR 1,20,000.
Ques. What is the average Salary of after completing a M.Sc. Statistics?
Ans. The entry level candidates can expect a salary between INR 4.70 L - 9.10 LPA. However, this is also dependent on a number of factors such as experience, skills, academic qualification etc. Candidates with more than 5 years of experience can expect a salary of INR 15 LPA.
Ques. What Are the jobs after M.Sc. Statistics?
Ans. The jobs after M.Sc. Statistics include:
- Data Analyst
- Data Scientist
- Statistician
- Statistical Analyst
Ques. Name the top recruiters for M.Sc. Statistics?
Ans. Some of the top recruiters for M.Sc. Statistics are:
- Tata Consultancy Services
- Genpact
- Cerner Corporation
- The Nielsen Company
Ques. What are the options I can pursue after the M.Sc. Statistics course?
Ans. Candidates after completing the M.Sc. Statistics course have the option of pursuing
- M.Phil. Statistics
- Ph.D. Statistics
Ques. Name the top colleges for M.Sc. Statistics course?
Ans. The top colleges for pursuing M.Sc. Statistics course are:
- University of Delhi
- University of Hyderabad
- Banaras Hindu University
- Jamia Millia Islamia University
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