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Mahatma Gandhi University Kottayam M.Sc Statistics: Fees 2025, Admission Dates, Course Duration, Eligibility
Master of Science [M.Sc] (Statistics)- Full Time
Master of Science in Statistics Top Colleges, Syllabus, Scope and Salary
Master of Science in Statistics or M.Sc Statistics is a 3-year postgraduate course, the minimum eligibility for admission to which is completion of B.A. (Honors)/ B.Sc.(Honors) in Statistics or Mathematics, or graduation in a related discipline from a recognized university.
As an academic discipline, Statistics is an offshoot of Mathematics, and lays essential emphasis on the concepts and processes involved in collecting and interpreting statistical data. Being potential areas for gathering statistical data, subjects of study such as Social Sciences, Finance, and Econometrics are covered in this course.
Ideal candidates of the course would have a firm background in Mathematics, particularly Algebra, and advanced subjects like Multivariable Calculus, besides areas of survey sampling and experiment implementation.
| Master of Science in Maharashtra | Master of Science in Andhra Pradesh | Master of Science in West Bengal | Master of Science in Uttar Pradesh |
Such postgraduates are lucratively hired at consultancies, in roles that require analyzing people’s preferences and tendencies. Finance, Marketing, and Data Metrics are other such areas of employment.
The average fee charged in India for Masters in Statistics ranges between INR 5,000 and 50,000. However, the average annual salary offered in India to successful postgraduates of the course ranges between INR 5 and 7 lacs. Some of the top institutes offering the course include:
- Loyola College, Chennai
- Madras Christian College
- Amity University, Noida
- The Oxford College of Science
- Ramjas College, University of Delhi
M.Sc Statistics: Course Highlights
Listed below are some of the major highlights of the course.
| Course Level | Postgraduate |
| Duration | 2 years |
| Examination Type | Semester system |
| Eligibility | Graduate from a recognized university |
| Admission Process | Direct admission to colleges. Entrance test in some cases. |
| Course Fee | INR 5,000 – 50,000 |
| Average Starting Salary | INR 5 – 7 lacs |
| Top Recruiting Fields/Areas | Public and private sectors, Defense, Research, etc. |
M.Sc Statistics: What is it About?
Fundamentally, M.Sc Statistics is an advanced study of the collection, organization, and interpretation of data. Even though data is usually in the form of numerical figures, it can also be expressed as a relationship between different such entities. The course’s curriculum also covers supporting features of data management, such as assisting surveys.
Enrolled students are taught appropriate statistical methods to solve data analysis- related technicalities, to implement such analyses on computer, and to interpret and communicate the results clearly and succinctly. Also, the course offers advanced training in applied and computational statistics, statistical machine learning, and the fundamental principles of statistical inference. Training is imparted through extensive lectures and hands-on practical sessions. Students work in the computer laboratory, perform exhaustive report writing and prepare supervised dissertations.
M.Sc Statistics: Who should opt?
Ideal candidates of the course should be able to:
- apply Mathematics and Statistics to help develop solutions to practical problem.
- follow complex mathematical and statistical arguments and develop brief arguments of their own.
- operate mathematical and statistical computer software packages.
- find, extract, and analyze data from varied sources.
- communicate mathematical and statistical information effectively to generate feasible results.
- demonstrate sufficient organizational skills.
Top Institutes offering M.Sc Statistics
Listed below are some of the top institutes offering the course in the country with the corresponding locations and fees charged by each.
| College Name | City | Average Fees in INR | User Rating |
| Loyola College | Chennai | 5,952 | 8.6/10 |
| Madras Christian College, [MCC] | Chennai | 17,583 | 8.2/10 |
| Sri Venkateswara College, Delhi University | New Delhi | 18,792 | 8.5/10 |
| Ramjas College, Delhi University | Delhi | 4,687 | 7.2/10 |
| The Oxford College of Science | Bangalore | 40,000 | 6.8/10 |
| Mithibai College of Arts | Mumbai | 25,833 | 8/10 |
| Pondicherry University | Puducherry | 15,750 | 7.6/10 |
| Indian Institute of Technology, [IIT] Kharagpur | Kharagpur | 10,200 | 8.5/10 |
| Indian Institute of Technology, [IIT] Kanpur | Kanpur | 49,035 | 9/10 |
| Indian Institute of Technology, [IIT] Bombay | Mumbai | 47,500 | 8.9/10 |
| Amity University | Noida | 36,000 | 7.9/10 |
| University of Kashmir | Srinagar | 9,000 | 5/10 |
| University of Madras | Chennai | 5592 | 7.3/10 |
| Cochin University of Science and Technology, [CUSAT] | Kochi | 6639 | 7.4/10 |
| University of Punjab | Chandigarh | 17,500 | 7.3/10 |
| Osmania University | Hyderabad | 3,420 | 7.3/10 |
| Aligarh Muslim University | Aligarh | 8,000 | 8/10 |
Eligibility for M.Sc Statistics
Candidates aspiring to pursue M.Sc Statistics need to fulfil the below-mentioned eligibility criterion.
- Completion of B.A. (Honors)/ B.Sc.(Honors) in Statistics or Mathematics or graduation in a related discipline from a recognized institute
- Mathematics and Statistics as main subjects at the level of graduation
- Minimum aggregate score of 60% at the level of graduation
| Master of Science in Karnataka | Master of Science in Tamil Nadu | Master of Science in Kerala | Master of Science in Telangana |
M.Sc Statistics: Admission Process
The mode of admission to the course may vary across institutes. Some institutes conduct their own entrance exams for selecting and admitting candidates, while some select students on the basis of the merit obtained at the level of graduation.
M.Sc Statistics: Syllabus and Course Description
A semester-wise breakup of the course’s syllabus is tabulated below.
Semester 1 |
Semester 2 |
| Ancillary Mathematics | Inference 1 |
| Measure Theory and Probability | Sample Surveys |
| Distribution Theory | Linear Models and Regression Analysis |
| Matrix Algebra and Numerical Analysis (Practical) | Inference 1 (Practical) |
| Distribution Theory (Practical) | Sample Surveys (Practical) |
| Computer Programming (Practical) | Linear Models and Regression Analysis (Practical) |
Semester 3 |
Semester 4 |
| Inference 2 | Multivariate Analysis |
| Design of Experiments | Econometrics and Economics Statistics |
| Time Series Analysis | Environmental Studies |
| Inference 2 (Practical) | |
| Design of Experiments (Practical) | |
| Time Series Analysis (Practical) |
M.Sc Statistics: Career Prospects
Some of the popular professional avenues open to successful postgraduates of the course are listed below with the corresponding salaries offered for the respective positions.
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| Job Position | Job Description | Average Annual Salary in INR |
| Investment Analyst | The job of an Investment Analyst is to provide stockbrokers, fund managers, and stock market traders with financial information and to give advice and recommendations derived from global investment data. | 5-9 lacs |
| Statistician | Statisticians gather numerical data and then display it, helping companies to make sense of quantitative data and to spot trends and make predictions. | 3-6 lacs |
| Cost Estimator | They collect and analyze data to estimate the time, money, materials, and labor required to manufacture a product, construct a building, or provide a service. They generally specialize in a particular industry/ product. | 6-8 lacs |
| Service Estimator | An Estimator gathers proposals, blueprints, specifications, and related documents. They are responsible for identifying labor, material, and time requirements. Also, they compute costs by analyzing labor, material, and time requirements. | 6-8 lacs |
Course Fees
Course Duration
2 YearsTuition Fees
7.2 K1 Year Fees
20.2 KTotal Fees
29.6 KDetailed Fees
| Year | 1 | 2 |
|---|---|---|
| Total Year Wise fees | ₹20,200 | ₹9,400 |
| Total Fees | ₹20200 | ₹9400 |
| Tuition fees | ₹7200 | ₹7200 |
| Admission fees | ₹6200 | - |
| Registration fees | ₹4600 | - |
| Exam fees | ₹1800 | ₹1800 |
| other fee | ₹400 | ₹400 |
Course Information
Course Description
Master of Science in Statistics Top Colleges, Syllabus, Scope and Salary
Master of Science in Statistics or M.Sc Statistics is a 3-year postgraduate course, the minimum eligibility for admission to which is completion of B.A. (Honors)/ B.Sc.(Honors) in Statistics or Mathematics, or graduation in a related discipline from a recognized university.
As an academic discipline, Statistics is an offshoot of Mathematics, and lays essential emphasis on the concepts and processes involved in collecting and interpreting statistical data. Being potential areas for gathering statistical data, subjects of study such as Social Sciences, Finance, and Econometrics are covered in this course.
Ideal candidates of the course would have a firm background in Mathematics, particularly Algebra, and advanced subjects like Multivariable Calculus, besides areas of survey sampling and experiment implementation.
| Master of Science in Maharashtra | Master of Science in Andhra Pradesh | Master of Science in West Bengal | Master of Science in Uttar Pradesh |
Such postgraduates are lucratively hired at consultancies, in roles that require analyzing people’s preferences and tendencies. Finance, Marketing, and Data Metrics are other such areas of employment.
The average fee charged in India for Masters in Statistics ranges between INR 5,000 and 50,000. However, the average annual salary offered in India to successful postgraduates of the course ranges between INR 5 and 7 lacs. Some of the top institutes offering the course include:
- Loyola College, Chennai
- Madras Christian College
- Amity University, Noida
- The Oxford College of Science
- Ramjas College, University of Delhi
M.Sc Statistics: Course Highlights
Listed below are some of the major highlights of the course.
| Course Level | Postgraduate |
| Duration | 2 years |
| Examination Type | Semester system |
| Eligibility | Graduate from a recognized university |
| Admission Process | Direct admission to colleges. Entrance test in some cases. |
| Course Fee | INR 5,000 – 50,000 |
| Average Starting Salary | INR 5 – 7 lacs |
| Top Recruiting Fields/Areas | Public and private sectors, Defense, Research, etc. |
M.Sc Statistics: What is it About?
Fundamentally, M.Sc Statistics is an advanced study of the collection, organization, and interpretation of data. Even though data is usually in the form of numerical figures, it can also be expressed as a relationship between different such entities. The course’s curriculum also covers supporting features of data management, such as assisting surveys.
Enrolled students are taught appropriate statistical methods to solve data analysis- related technicalities, to implement such analyses on computer, and to interpret and communicate the results clearly and succinctly. Also, the course offers advanced training in applied and computational statistics, statistical machine learning, and the fundamental principles of statistical inference. Training is imparted through extensive lectures and hands-on practical sessions. Students work in the computer laboratory, perform exhaustive report writing and prepare supervised dissertations.
M.Sc Statistics: Who should opt?
Ideal candidates of the course should be able to:
- apply Mathematics and Statistics to help develop solutions to practical problem.
- follow complex mathematical and statistical arguments and develop brief arguments of their own.
- operate mathematical and statistical computer software packages.
- find, extract, and analyze data from varied sources.
- communicate mathematical and statistical information effectively to generate feasible results.
- demonstrate sufficient organizational skills.
Top Institutes offering M.Sc Statistics
Listed below are some of the top institutes offering the course in the country with the corresponding locations and fees charged by each.
| College Name | City | Average Fees in INR | User Rating |
| Loyola College | Chennai | 5,952 | 8.6/10 |
| Madras Christian College, [MCC] | Chennai | 17,583 | 8.2/10 |
| Sri Venkateswara College, Delhi University | New Delhi | 18,792 | 8.5/10 |
| Ramjas College, Delhi University | Delhi | 4,687 | 7.2/10 |
| The Oxford College of Science | Bangalore | 40,000 | 6.8/10 |
| Mithibai College of Arts | Mumbai | 25,833 | 8/10 |
| Pondicherry University | Puducherry | 15,750 | 7.6/10 |
| Indian Institute of Technology, [IIT] Kharagpur | Kharagpur | 10,200 | 8.5/10 |
| Indian Institute of Technology, [IIT] Kanpur | Kanpur | 49,035 | 9/10 |
| Indian Institute of Technology, [IIT] Bombay | Mumbai | 47,500 | 8.9/10 |
| Amity University | Noida | 36,000 | 7.9/10 |
| University of Kashmir | Srinagar | 9,000 | 5/10 |
| University of Madras | Chennai | 5592 | 7.3/10 |
| Cochin University of Science and Technology, [CUSAT] | Kochi | 6639 | 7.4/10 |
| University of Punjab | Chandigarh | 17,500 | 7.3/10 |
| Osmania University | Hyderabad | 3,420 | 7.3/10 |
| Aligarh Muslim University | Aligarh | 8,000 | 8/10 |
Eligibility for M.Sc Statistics
Candidates aspiring to pursue M.Sc Statistics need to fulfil the below-mentioned eligibility criterion.
- Completion of B.A. (Honors)/ B.Sc.(Honors) in Statistics or Mathematics or graduation in a related discipline from a recognized institute
- Mathematics and Statistics as main subjects at the level of graduation
- Minimum aggregate score of 60% at the level of graduation
| Master of Science in Karnataka | Master of Science in Tamil Nadu | Master of Science in Kerala | Master of Science in Telangana |
M.Sc Statistics: Admission Process
The mode of admission to the course may vary across institutes. Some institutes conduct their own entrance exams for selecting and admitting candidates, while some select students on the basis of the merit obtained at the level of graduation.
M.Sc Statistics: Syllabus and Course Description
A semester-wise breakup of the course’s syllabus is tabulated below.
Semester 1 |
Semester 2 |
| Ancillary Mathematics | Inference 1 |
| Measure Theory and Probability | Sample Surveys |
| Distribution Theory | Linear Models and Regression Analysis |
| Matrix Algebra and Numerical Analysis (Practical) | Inference 1 (Practical) |
| Distribution Theory (Practical) | Sample Surveys (Practical) |
| Computer Programming (Practical) | Linear Models and Regression Analysis (Practical) |
Semester 3 |
Semester 4 |
| Inference 2 | Multivariate Analysis |
| Design of Experiments | Econometrics and Economics Statistics |
| Time Series Analysis | Environmental Studies |
| Inference 2 (Practical) | |
| Design of Experiments (Practical) | |
| Time Series Analysis (Practical) |
M.Sc Statistics: Career Prospects
Some of the popular professional avenues open to successful postgraduates of the course are listed below with the corresponding salaries offered for the respective positions.
| Job Position | Job Description | Average Annual Salary in INR |
| Investment Analyst | The job of an Investment Analyst is to provide stockbrokers, fund managers, and stock market traders with financial information and to give advice and recommendations derived from global investment data. | 5-9 lacs |
| Statistician | Statisticians gather numerical data and then display it, helping companies to make sense of quantitative data and to spot trends and make predictions. | 3-6 lacs |
| Cost Estimator | They collect and analyze data to estimate the time, money, materials, and labor required to manufacture a product, construct a building, or provide a service. They generally specialize in a particular industry/ product. | 6-8 lacs |
| Service Estimator | An Estimator gathers proposals, blueprints, specifications, and related documents. They are responsible for identifying labor, material, and time requirements. Also, they compute costs by analyzing labor, material, and time requirements. | 6-8 lacs |
Admission Criteria
- Candidate will be shortlisted for admission to above-mentioned UG courses based on the rank and marks secured in the university entrance examination.
- According to the rank list, candidates will be eligible for the seats allocated to all colleges/institutions under State merit, reserved quotas and communal reservation seats.
Eligibility Criteria
Aspirants seeking admission to 2-year M.Sc Program should be a graduate in relevant stream from a recognized university or equivalent.
Placement
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College Ranking
Ranking of Mahatma Gandhi University - [MGU]
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Answered Questions
Mahatma Gandhi University - [MGU]: 4 answered questions
When it comes to leniency, MG University tops the list. The evaluation process here is quite liberal compared to other universities. You get multiple questions to choose from. It allows you to choose as many as 40 colleges at the time of allotment.
Kerala University, on the other hand, is well known for its harsh evaluation and unfriendly student policies. It believes in the orthodox methods of evaluation. Many times the exams are scheduled earlier than usual despite the syllabus still standing incomplete. Certain times a major percentage of students failed courses like BA (Hons) in English.
Calicut University has a major drawback of frequent postponement of exams and result declaration dates.
In the end, you must know that marks are not what defines your education. Your knowledge, teaching procedures, faculty, curricular activities, and general ambience of the university have a lot more to do with your education than any other things. If you are open to challenges then Kerala University is the best option for you.
Kerala University is comparably better than MG. It is better recognized in the industry. Other than this there are no such major differences between the two universities. The university offers decent academic sand placements. According to the recent highlights of Kerala University placements, students receive a median CTC of around INR 2.1 LPA.
You must apply in the prescribed format, including the Syllabus, Degree Certificate, and other required documents.
You must apply online to the University of Calicut.
-
Learn about the courses that have already been recognized as Equivalent.
-
Order granting Equivalence to all regular degree programs offered by state and central universities.
-
Read the instructions for submitting a proposal for an equivalency grant.
-
Complete the Application Form completely.
-
Complete the Online Equivalency Application.
These are the few simple steps that you need to follow.
Yes, Mahatma Gandhi University (MGU), Kottayam offers hostel accommodations to students. There are 6 hostels in total. The university offers separate accommodation for girls and boys. The hostel fee is INR 1900 per month. This amount includes the mess fees. The mess facilities are good. It offers hygienic and tasty food.
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