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Statistician Jobs in India: Job Role, Types, Skills, Salary, Government Jobs 2023

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MStat Admission 2023Q&AM.Stat. Colleges

The demand for statisticians rises nowadays in the business world. Quantitative data is analyzed, interpreted, and collected by a statistician. The crucial responsibilities are to design data, assess the result, apply statistical methodology in data information and presentation in various formats. Moreover, the fields like healthcare, environment, sports, and public safety consist of statistical analysis.

Statistics Courses Statistics Certificate Courses  Statistics Subjects

To become a Statistician candidates must pursue statistics courses. The average course fee to pursue a statistics course is INR 9,000 to 74,000. The average salary for a statistician is INR 2-6 LPA. The various job opportunities in this field are Mathematician, Statistic trainer, Business analyst, and quality control. Furthermore, some companies are hiring freelance statisticians for short-term projects.

How to Become a Statistician

  • Data work is a vital process of a statistician. The best way to become a statistician is a bachelor's degree in a relevant subject. Although, the admission for the degree is based on merit marks or entrance exams. 
  • AMU and ISI are the entrance exams available for students. For those who want to take a statistics degree, the basic eligibility is mathematics/Statistics as a compulsory subject in higher secondary. 
  • A degree in statistics exists in a prime position. Several other courses in Mathematics, Economics, and computer science also led to the foundation of statistics. Moreover, a master's degree in Statistics/Maths helps to get a job as a statistician. Hence, a degree or certification in a relevant subject makes your way reliable.

What does a statistician do?

  • At a high level, statisticians analyze the business decision process through interpreting data. 
  • The design of experiments, surveys, and collecting data is under the occupation of a statistic analyst. 
  • They give instructions for workers, calculate the reliability of data and identify the latest trends. 
  • The improvisation of future experiments and surveys depends upon them. 

Given below are some of the responsibilities of a statistician in daily life

  • Design data collection process
  • Maintain business and organizational strategy
  • Identify new trends in data.
  • Assist for decision making
  • Ensure the data relationships.

Types Of Statistician

A career as a statistician sees in a variety of fields. Science, technology, business, and healthcare are the four areas. A statistician's career options are numerous. Given below are some of the job opportunities for a statistician.

Statistical Analyst

The management of organization and decision-making of data are duties of statistical analysts. They work on data trends related to mathematical skills. Moreover, they generate tables, charts and write the essential documents. A statistics analyst is responsible for extracting raw data, evaluating business decisions, reporting current trends, and employing statistical model software.

Mathematical Statistician

Solve the issues in business, academics, and government by analyzing the data lies under the role of a mathematical statistician. These individuals solve math-related problems and make results by gathering data. A statistician's responsibilities in mathematics include managing databases, interpreting results, providing solutions, and representing quantitative data. This role requires a bachelor's or master's degree in mathematics or statistics.

Data Analyst

For business, the interpretation and collection of data is ensured by a data analyst. Data analysis tools gather information smoothly. Assess the data quality, remove false data, provide data screening and prepare reports are the responsibilities of a data analyst. A large volume of figures and data deal in companies.

Applied Statistician

The usage of statistical evidence refers to statistical data. The formation of statistical sound knowledge is the responsibility of applied statisticians. Another duty is the protection of data. Apart from these, the overall processing of past data is maintained by these statisticians.

Statistician Jobs in India

  • Statistics is used by the government to improve economic development. The wages, price of items, production control, and research depend on statistics. 
  • There is a chance to join civil services, Indian Economic services, and Indian statistical services after pursuing a bachelor/master’s degree. 
  • The average salary for entry-level statisticians in India is Rs. 2.5 to 3.5 per year. 
  • Accenture, HDFC, Deloitte Consulting, Blue Ocean Marketing, HP, Neilson, American express are the top recruiting companies in India. 
  • A rapid growth in this field is expected by the Bureau of Labor Statistics. At least 33% growth is expected by 2026. Hence, professional statistician has high demand in India.
Statistician Job Roles Recruiting Companies Salary
Subject Matter Expert Capgemini, IBM INR 2 to 3lacs
Statistician Analyst Accenture, Genpact INR 2 to 4lacs
Associate statistician Amazon, Flipkart INR 2 to 5lacs
SAS statistician Amazon, Hotstar INR 2 to 6lacs

Skills Required to Become a Statistician

Each job depends on different skills. The selection for employment lies in the talent and skills of an applicant. Given below table shows the unique skills necessary to become a statistician.

Programming Language - C++, Python Logical reasoning Analytical Problem solving
Team Work Industry Knowledge Mathematical Ability
Ready to Work in shifts Collaborate with clients Multi-tasking

Salary Of Statisticians In India

The salaries for statisticians underlies experience and training level in a particular field. Furthermore, the location, skills, and talent enter into the determination of salary range. The following tables show the salary range of related job areas.

Organization Wise

Sectors Annual Salary (Approx.)
Government organization INR 3 To 4 lacs
Private firm INR 2 to 6 lacs

Specialization Wise

Job Profile Average Salary
Statistician INR 3 to 4.1 lacs (Approx)
Data Analyst INR 3.4 to 4 lacs (Approx)
Statistical Analyst INR 3.5 to 4.5 lacs (Approx)

Experience Wise

Job Profile Fresher Salary Experienced Salary
Statistician INR 3.2 to 4.1 lacs INR 5 and above
Data Analyst INR 3.4 to 4 lacs INR 4 lac and above
Statistical Analyst INR 3.5 to 4.5 lacs INR 4.5 lacs and above

Top Statistician Recruiting Companies

Several organizations provide possibilities for excellent statisticians to work as analyzers. A statistician's success relies on a valuable degree and talents. The table below lists the top statistical recruiting firms.

Apple Amazon Accenture
Capital One IBM Ernst and Young

Statistician Jobs: FAQs

Ques. What is the working condition for a statistician?

Ans. The average working hours in the office are 9 am to 5 pm. Depending on the regulations of a company, the time varies. Some firms are offering night shifts for employees.

Ques. What are the benefits of a statistician job?

Ans. Paid holidays, vacations, and health insurance are provided by most private firms. However, the government job gives retirement contributions.

Ques. Which stream is applicable best for a statistician?

Ans. A degree in statistics/mathematics/economics helps to enter into a statistics analyst position. The best stream lies in degrees in statistics.

Ques. Is the statistician career a good choice in 2023?

Ans. The overall employment of statisticians will grow 33% from 2019 to 2029 due to the digital era. Hence, it is a better choice for data analysts.

Ques. Which is the prior knowledge essential before working as a statistician?

Ans. The correct timing to perform all duties are necessary. Moreover, knowledge in programming languages and data usage is helpful.

Ques. Does statistics consist of a lot of math?

Ans. The use of math exists in statistics. But, it is guesswork. It deals with phenomena rather than idealized abstractions.

Ques. Is a degree in statistics useful?

Ans. A candidate who is interested in dealing with data can choose a statistics degree. A variety of job opportunities open in the private and public sectors by securing graduation in statistics.

Ques. How to become a data scientist?

Ans. To become a data scientist, you'll need a bachelor's degree in statistics, computer science, or physical science. Furthermore, a master's or Ph.D. also gives the path to data scientist.

Ques. Which are data scientists' job opportunities abroad?

Ans. A quantitative analyst is the best employment in foreign countries. Also, companies like Google, Amazon, and Facebook are looking for data scientists.

Ques. Which countries are best for statisticians?

Ans. Each provision needs statisticians for analyzing and delivering the data. US, UK, India ensures jobs for analysts.

Ask your question

Answered Questions

AN

What are the eligibility criteria to pursue a master's in statistics at ISI, Kolkata?

RS

Raktim Sinha

19 Jul 22

The eligibility for pursuing a master’s in Statistics at ISI Kolkata is graduation in a relevant field from a recognized university. You need to have scored at least 55% or the equivalent CGPA in graduation to be eligible for admission. The final admission is based on the entrance examination performance and interview. 

AM

Which is better M.Sc. Statistics from Mumbai University or NMIMS?

AG

Anumita Gupta

18 Jul 22

NMIMS is better than Mumbai University for an M.Sc. in Statistics. The course is more practical oriented. NMIMS placements are better too. Students of M.Sc Statistics receive an average CTC of around INR 8 LPA. While the highest CTC goes up to INR 16.8 LPA. Students are offered roles such as Data Scientists, and Data Analysts. Course 5i, and Accenture are among the major recruiters. 

The master's in Statistics offered by MU is more theory-oriented and doesn’t offer the skills required in the industry. 

AM

How is the MSc Applied Statistics and Informatics course in IIT Bombay?

AT

Adwait Tejas

17 Mar 23

 MSc Applied Statistics and Infometrics at IIT Bombay can be challenging for some students who did their B.Sc from Mumbai University, especially if they did not receive sufficient training in statistics. In comparison to Delhi University and Calcutta University, the Mumbai University curriculum is relatively deficient in statistical topics. Consequently, most of the students in the class come from DU and CU. While DU and CU students are often comfortable during the first quarter or half of the semester since they studied similar topics in their bachelor's programs, Mumbai University students may struggle to keep up.

Despite the challenges, this course is in line with current analytics trends in the market. The course requires students to complete not only statistics courses but also intermediate-level computer science courses such as C, C++, Data Structures, and Applied Algorithms. Students also receive some exposure to statistical software, depending on which software the professor prefers: SaS or R.

AN

Which companies came for placement at ISI Kolkata for an M.Stat?

PM

Paramita Mukherjee

22 Aug 22

Microsoft, Goldman Sachs, Alphonso, JPMC, Walmart, Americal Express, Capital One, Mckinsey, Standard Chartered, etc. are the companies that come for placements at ISI Kolkata for M.Stat. Students are usually recruited as Data Scientists, Analysts, Associates in the field of Actuary, Data Science, Analytics, etc. According to the recent highlights of ISI Kolkata placements, the average CTC offered to M.Stat students is around INR 19 LPA. 

MS

What is the placement record of MSc Statistics students in IIT Kanpur?

VS

Vijay Sarnaik

19 Apr 23

A few placement highlights of MSc Statistics at IIT Kanpur are

Quick facts before going into the details :

  • The placement percentage of MSc statistics is 100% at IIT Kanpur 
  • The highest-ever recorded package is INR 27 LPA
  • Companies offering INR 20+ LPA are Goldman Sachs, Walmart, Dunia Finance, Fuzzy Logics, Amazon, Two Roads
  • Recruiters offering packages in the range of 10-20 LPA are Citicorp, Jp Morgan Chase, Accenture, and United Health Groups.
  • The lowest recorded to date stands at INR 6.5 LPA by EXL
  • TCS and Infosys also offered packages below INR 10 LPA 

The MSc Statistics course offered at IIT Kanpur has excellent job opportunities and you will be shocked to know that more than a lakh is offered just for internships. The reasons for such an excellent placement scenario are

  • Top JAM rankers opt for either IIT Kanpur or ISI
  • The UG course, BS Mathematics, and Scientific Computing attract companies with job profiles related to Statistics and Computer Science. The MAc Statistics course has similar courses and thus students are allowed to sit for the same placements as that of BS, increasing employability.
  • A plethora of electives are offered to enable hands-on experience in industry-oriented courses. This makes the MSc Statistics course application-oriented and not theoretical.
  • Academically this course is very challenging and rigorous making companies curious about your skills.

So we can conclude that this course offers the best placement statistics second only to that of CS.

AN

Which one has got better placement and higher average packages ISI kolkata M.Stat or math and computing from any of the 5 old IITs?

SC

Sagnik Chakraborty

16 Sept 21

I have friends studying in ISI Kolkata and old IITs. Based on my conversations with them, I will say there is no doubt that M.stat students from ISI have better chances of landing jobs with really lucrative salaries. You will be surprised by the fact that ISI is known for its 100% placement ratio for M.Stat. This is not the case you would be able to find in any IIT whether old or new.

  • Even if you pursue a B.tech degree from IIT Bombay (an old and reputed IIT), the institute never succeeds in maintaining a cent-percent placement record. You can even cross-check the stats from IIT Bombay’s website.
  • Students studying mathematics and computing students from IITs, most of them are more inclined toward research careers than jobs.
  • M.Stat degree from ISI is unique in India. The course is highly reputed and the institute itself is far ahead of most Indian institutes in the field of stats, math, and economics.

I have attached a video that will brief you on the ISI Placement scenario

Overall, ISI stands as a premier institute for fields especially related to stats, math, and economics with a 100% placement ratio.

AN

How hard is it to get admission into Pondicherry University for an MSc in statistics?

RV

Rhea Vij

29 Sept 21

Actually, it is quite the contrary. It is quite easy to convert to Pondicherry University even if you are a little serious about your studies. 

  • The university conducts its own entrance test every year. You need to clear the test to get admission here.
  • For the test, you need to be moderately prepared (depending on the level of the student) and practice the last 4-5 years of the question paper. The level is easy
  • Most people aim for the IITs, IISc, and ISI Kolkata before joining this university if they do not get a chance there. You can get an idea of the level of the university.

The course is good with excellent faculty and a good study environment, more freedom and no academic or social pressures. So it would be a wise decision to join here if you do not get the top colleges.

AG

How's M.Sc in statistics in Bangalore University Is it good to do a PG in Bangalore University?

SG

Shalini Guha

30 Nov 21

The Statistics department is one of the best at Bangalore University (BU). But if you are planning on doing your M.Sc. from BU, then it is advised that you opt for it in any other institution.

As, BU is known to delay the publication of the results, which is one of the major complaints of the students. They also take no action to rectify their faults. Your complaints will tend to go unheard most of the time.

YG

How's the M.Sc. statistics at Bharathiar University?

HJ

Harsha Jha,

23 Nov 21

One of my friends studied at Bharathiar University (BU). According to him, if you can study on your own without the regular guidance of teachers, you can opt for BU.

Here if you want to learn something, you have to do it for yourself, as the faculty members wont guide you step by step. BU has a huge library from which you can get the required study materials. So if you are someone who does not require a methodical guidance and can learn on your own, BU will be fine for you.

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