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B.Sc Statistics: Course Details, Admission, Fees, Eligibility, Syllabus, Jobs, Salary

Updated By Rajneesh Shukla on 13 May, 2022
Average Duration
3 years
Average Fee
15 K-80 K INR annual
Exams Accepted
NEST, CUCET, KEAM ...
Study Mode
Regular

BSc Statistics Course Overview

The Bachelor of Science in Statistics (BSc Statistics) is a three-year undergraduate program that covers topics such as probability and statistical methods, survey sampling, and numerical analysis. The BSc Statistics course consists of lectures, flying and simulation training, assignments, and other activities targeted at providing both classroom and practical instruction.

Aspirants with strong thinking abilities, analytical capabilities, mathematical aptitude, and a curious and creative mind should consider opting for a BSc Statistics undergraduate degree. The BSc Statistics curriculum is divided into classroom lectures, training sessions, interactive chats with experts, conferences, simulation training, practicals, and assignments and is designed in a customizable manner. BSc Statistics students are graded on the basis of semester or annual exams during their coursework.

About BSc Statistics

BSc Statistics is a three-year bachelor's degree program that teaches students about numerous statistical fields. The BSc Statistics degree entails the collection, organization, and analysis of statistical data. Students interested in pursuing a BSc Statistics course must have finished 10+2 with Physics, Chemistry, and Mathematics as courses. For BSc Statistics admission, a minimum of a 50% grade from a recognized Indian school is required. Admission to top BSc Statistics colleges is based on merit and performance in entrance tests like GSAT, BHU UET, DSAT, SUAT, and others. The typical annual fees for a BSc Statistics degree range from INR 20,000 to INR 1,50,000. 

The BSc Statistics course prepares students for a successful career in management by providing in-depth knowledge of statistics, mathematics, risk assessment, combinations, and permutations. Statistics software is utilized virtually every day, and its solutions can be employed in a variety of sectors, including economics, life sciences, data science, risk management, conflict resolution, and marketing management. With a BSc Statistics degree, work opportunities exist in both the public and private sectors. Banking, trading businesses, stock markets, transportation, and schools/ colleges are just a few examples.

BSc Statistics Course Highlights

The tabulated data below will help candidates understand the major aspects of the BSc Statistics course. A few of the important features of the BSc Statistics undergraduate program are BSc Statistics course duration, BSc Statistics eligibility, BSc Statistics course fees, BSc Statistics top colleges, etc.

BSc Statistics Course Level

Undergraduate

BSc Statistics Duration 

3 years

BSc Statistics Examination Type

Semester

BSc Statistics Eligibility

10+2 from a recognized board with Mathematics as a core subject 

BSc Statistics Admission Process

Merit-based or Entrance Examination

BSc Statistics Average Course Fee

INR 20,000 - INR 2,00,000

BSc Statistics Average Salary

INR 4 - INR 8 LPA

BSc Statistics Top Recruiters

Cognizant, IBM, Infosys, Wipro, Deloitte, HDFC Bank, Google, etc.

BSc Statistics Top Employment Areas

Finance institutions, Banking institutions, Educational institutes, R&D firms, Government organizations, Trading companies, Insurance companies, etc.

BSc Statistics Top Job Positions

Risk Analyst, Actuary Manager, Research Professional, Statistician, Credit Risk Strategist, Subject Matter Expert - Statistics, Statistics Manager, etc

What is a BSc Statistics Course?

The BSc Statistics program covers a wide range of mathematical, probability, and statistics concepts as well as logic conclusions. BSc Statistics degree includes an overview of advanced concepts and theories, mathematical proofs, data analysis and modeling, regression, and other topics. Many colleges around the world require statistical software, programming languages, and research projects as part of their curriculum. The level of expertise obtained during the BSc Statistics course will provide a solid basis for advanced courses such as MSc Statistics or MSc Mathematics. 

BSc Statistics focuses on Probability and Statistical Methods, Survey Sampling, Numerical Analysis, and other related topics. This training is quite helpful in navigating the domains of risk assessment and management. The most significant aspects of the BSc Statistics course curriculum are computer science and mathematics.

BSc Statistics is an undergraduate course that teaches students how to study, learn, and use statistics and mathematics in order to succeed in their careers. The need for BSc Statistics graduates is rapidly increasing, and many national and international companies, including banks, financial institutions, and research and development corporations, are looking for qualified graduates in this subject.

Why study BSc Statistics?

Statistics is unquestionably a profitable profession. People who have earned a bachelor's degree in statistics are in high demand in today's business world, which is becoming increasingly data-driven. Statistics are used in a variety of investigations, ranging from demographic studies to environmental studies. One can work as a business analyst, research officer, data analyst, or even an investigator with a bachelor's degree in statistics.

In the government sector, statisticians are needed to work on studies and research on consumer prices, economic fluctuations, employment patterns, demographic trends, and other topics. The Union Public Service Commission holds tests practically every year to select officials for the Indian Statistical Services. Marketing, insurance, and information technology all demand statistical expertise in the private sector. 

Overall, the BSc Statistics course is highly industry-oriented and candidates opting for the BSc Statistics undergraduate program will be able to develop problem-solving skills, analytical skills, and logical reasoning skills that will make a BSc Statistics graduate a valuable asset for any firm. The need for BSc Statistics graduates is rapidly increasing, and many national and international companies, including banks, financial institutions, and research and development corporations, are looking for qualified graduates in this subject.

Who should study BSc Statistics?

Following students should study BSc Statistics:

  • Who have successfully completed their 10+2 from a recognized school board with an aggregate percentage of 50% or above
  • Who have chosen Physics, Chemistry and Mathematics as subjects in 10+2
  • Who are curious to study research models and meaningful data derived through the help of statistical models
  • Who have a deep interest in statistics and its practical applications should also choose the BSc Statistics course to pursue
  • Who have taken biology in 10+2 but are keen on deriving and recording experimental data in laboratories with the help of statistics

BSc Statistics Eligibility Criteria

The following are the BSc Statistics eligibility requirements that students must meet:

  • Students must have completed Class 12 with a minimum aggregate of 50% in all of the subjects from an accredited school.
  • Candidates must also have completed Class 12 and have Mathematics as one of their core subjects.

The BSc Statistics course eligibility criteria may vary slightly from college to college depending on their admission requirements and laid down procedures for admission to the BSc Statistics course.

BSc Statistics Admission Process

Admission to BSc Statistics courses by various colleges and universities in India is offered through two methods: Direct/Merit-based admissions and the other is Entrance exam based admissions to BSc Statistics courses.

BSc Statistics Merit-based or Direct Admission

In India, most of the colleges use a merit-based or direct admission system to admit students to their BSc Statistics courses. The merit-based procedure for admission to BSc Statistics program used by various colleges is mentioned below:

  • Candidates are chosen on the basis of merit in this process, based on their performance in the qualifying examination.
  • To apply for this method, candidates just simply apply to the institution or university.
  • After the results of the Board's examination are revealed, colleges will announce their cut-off scores.
  • Candidates who scored greater or equal to the projected cut-off score will be entitled to enroll in the institute's programme.
  • If a student does not meet the cut-off score on the first cut-off list, they must wait until the second cut-off list or apply to any other college with a lower cut-off score.

BSc Statistics Entrance Exam based Admission

Admission to some colleges for BSc Statistics is done through entrance tests.

  • Candidates must appear for the college's entrance examination as part of this process.
  • Candidates are chosen based on their performance in university/college entrance examinations.
  • Candidates must first register for the college's entrance exam in order to be considered for this admissions process.
  • The college will send the exam schedule before the entrance exam.
  • The college will reveal its cut-off list after the entrance exam results are released.
  • If a candidate's name appears on the merit list, he or she is eligible to enroll in the course.

Required Skill Set for BSc Statistics

Students who undertake the BSc Statistics course get equipped with strong data analysis and data manipulation skills. The BSc Statistics three-year undergraduate program helps students in dealing with a variety of data collection topics, numerical presentations, and practical projects that further help the BSc Statistics candidates sharpen their numerical, analytical, and reasoning skills. A few of the key skills required by BSc Statistics students are mentioned below:

  • Presence of analytical skills and a research-oriented mindset
  • Ability to correctly interpret large chunks of data using statistical and mathematical methods
  • Ability to identify the flow of work patterns
  • Excellent reasoning and problem-solving skills along with high IQ
  • Ability to decipher abstract mathematical concepts
  • Excellent communication skills
  • Strong interpersonal skills
  • Strong decision-making skills
  • Ability to work collaboratively

BSc Statistics Distance Education

Most of the BSc Statistics courses offered by various colleges and universities in India are of regular mode which means candidates will apply for the BSc Statistics course in a particular institute of their choice, clear the entrance exam, or get the admission on merit basis into the BSc Statistics course depending upon the requirement of the particular college that a student wishes to study in. Once admitted into the BSc Statistics course of a particular university/ college, the students will have to attend the college/ university on a regular basis to study the BSc Statistics course, unlike the BSc Statistics distance education course for which the students will not have to attend the institute to complete their BSc Statistics course. The BSc Statistics distance course will be delivered completely online and the students who have applied for the BSc Statistics correspondence course can attend lectures online at their home or any other suitable place.

There are very few colleges in India that offer BSc Statistics distance courses, a few of those institutes are mentioned below:

Institute Name 

Annual Fees

Vinayaka Mission's Research Foundation - Deemed to be University

INR 9,000

ANUCDE Guntur 

INR 18,160

Dr. Ambedkar Open University

INR 3,700

Wisdom School of Management

INR 45,000

BSc Statistics Entrance Exams

After 12th grade, there are numerous BSc Statistics entrance examinations to choose from, and the top four BSc Statistics entrance exams are given below so students can determine which exam they should take based on their interests and how it will help them reach their goals of getting into top BSc Statistics colleges in India.

The top four BSc Statistics entrance exams in India are mentioned below: 

  • BHU UET: The National Testing Agency (NTA) administers the Banaras Hindu University Undergraduate Entrance Test (BHU UET) on the university's behalf (BHU). It is a nationwide common entrance examination for admission to BHU's undergraduate programs.
  • GSAT: The Gandhi Institute of Technology administers the GITAM Science Admission Test (GSAT) to students seeking admission to undergraduate and postgraduate science programs. This entrance exam is a nationwide aptitude examination that takes place once a year.
  • DSAT: The Dayanand Sagar Admission Test (DSAT) is held by Dayananda Sagar University (DSU) for Undergraduate and Postgraduate degrees. DSAT is a national entrance exam that is offered in both offline and online formats.
  • SUAT: Sharda University Admission Test (SUAT) is a university-level admission test for Sharda University's multiple undergraduate and postgraduate programs. The SUAT exam lasts 90 minutes (1.5 hours). SUAT is an online computer-based exam.

BSc Statistics Entrance Exam Dates

Most of the reputed universities and colleges conduct entrance exams to admit candidates to its BSc Statistics undergraduate program. Some of the BSc Statistics top entrance exams along with their respective registration and exam dates are tabulated below:

Entrance Exam Name

Last Date for Registration

Exam Date

BHU UET

6th May 2022

Between 1st and 2nd week of July 2022

GSAT

3rd week of May 2022 (tentative)

2nd week of June 2022 (tentative)

SUAT

May 2022 (tentative)

To be notified

DSAT

August 2022 (tentative)

September 2022 (tentative)

BSc Statistics Syllabus

Most of the colleges and universities follow a similar curriculum for their three year undergraduate BSc Statistics program. The BSc Statistics course includes topics like probability theory, linear algebra, matrices, Programming language C, etc.

Below mentioned is the year-wise BSc Statistics syllabus:

BSc Statistics Syllabus Year-1

Probability Theory

Descriptive Statistics 1

Descriptive Statistics 2

Linear Algebra

Probability Distributions

Sampling Distributions

Population Statistics

Mathematical Methods

Statistical Infer

 

BSc Statistics Syllabus Year-2 

Economical & Official Statistics

Statistical Quality Control

Calculus

Statistical Methods

Binary Relations

Differential Calculus

Determinants of Matrices

Probability

Algebra

 

BSc Statistics Syllabus Year-3

Real Analysis

Stochastic Processes

Data Interpretation

Numerical Analysis

Design of Experiments

Programming Language C

Linear Models

Time Series Analysis & Sample Survey Methods

Computation & Data Analysis

 

BSc Statistics Subjects

Mentioned below is the list of BSc Statistics core subjects, BSc Statistics electives and BSc Statistics lab or practical subjects:

BSc Statistics Core Subjects

  • Probability Distributions
  • Linear Algebra and Population Statistics
  • Mathematical Methods and Probability Theory
  • Sampling Distributions and Statistical Infer
  • Probability Theory
  • Descriptive Statistics 
  • Quantitative analysis

BSc Statistics Elective Subjects

  • BioStatistics
  • Actuarial Statistics
  • Operations Research
  • Statistical Quality Control and Reliability

BSc Statistics Lab/ Practical Subjects

  • Inference
  • Statistical Methods
  • Sampling Theory and Time Series
  • Descriptive Statistics and Probability
  • Statistical Practicals using MS- Excel

BSc Statistics Specializations

There are certain options in a BSc Statistics program that are available at both the Undergraduate and Postgraduate levels, allowing you to learn advanced and domain-specific expertise. Below is a list of some of the possible options:

  • Statistics and Applied Mathematics
  • Quantitative Finance
  • Bioinformatics
  • Computational Biology
  • Financial Mathematics
  • Decision Analytics
  • Data Science
  • Statistical Biology

BSc Statistics Course Fees

The sort of college attended, the student's scholarship status, the college's ranking, and other factors all influence tuition fees. The BSc Statistics program’s average tuition expenses often range from INR 5K to 1.5/2 LPA.

The following are the BSc Statistics average annual fees for some of India's best colleges from different cities in India offering BSc Statistics program:

Institute Name

Annual Fees

Lady Shriram College for Women

INR 20,670

Hindu College

INR 20,460

St. Xavier’s College, Mumbai

INR 7187

Mount Carmel College

INR 42,000

Gandhi Institute of Technology and Management

INR 65,000

Loyola College

INR 16,790

BSc Statistics Course Comparison

In the table below we've laid out the differences between BSc Statistics and BSc Statistics Honours program based on a few key factors:

Criteria

BSc Statistics

BSc Statistics Honours

Qualification

Bachelor of Science in Statistics

Bachelor of Science in Statistics Honours

Course Overview

The main focus of BSc Statistics is on data collection, logical segmentation, and interpretation of the collected data.

The BSc Statistics Honours program is a three-year undergraduate program that focuses on statistics and statistical principles. The BSc Statistics Honours program not only emphasizes data gathering, meaningful segmentation, and interpretation, but it also takes a more thorough approach to the subject.

Duration

3 Years

3 Years

Eligibility

10+2 from a recognized board with Mathematics as one of the core subjects.

A minimum aggregate percentage of 55% (Relaxable for reserved category students) in 10+2 from a recognized board or equivalent exam.

Admission Process

Merit-based or Entrance Examination

Entrance exam or Merit-based

Average Annual Fees

INR 5000-1,50,000

INR 12,000-2,75,000

Top Colleges

Mount Carmel College, Christ University, Fergusson College, St. Xavier’s College, Ramnarain Ruia Autonomous College, etc

BHU, BJB Autonomous College, DAV University, Aligarh Muslim University, Amity University, Assam University, Dibrugarh University, etc.

Average Annual Salary

INR 4.5-8 LPA

INR 5-8 LPA

BSc Statistics Scope

The need for BSc Statistics graduates is rapidly increasing, and many national and international companies, including banks, financial institutions, and research and development corporations, are looking for skilled graduates. In the next five years, this industry is predicted to generate more than 20 lakh jobs. As a result, BSc Statistics has become one of the most popular options for students interested in pursuing a career in finance. However, in addition to pursuing a career in one of the aforementioned fields, one can pursue higher education. Studying M.Sc Actuarial Science and pursuing a Master's in Statistics with Actuarial Science as a speciality.

Recent corporate trends have shifted toward analyzing data to better understand consumer behavior patterns. Students pursuing a bachelor's degree in statistics play an important role in gathering and interpreting enormous volumes of data. By finishing the BSc Statistics undergraduate degree, students with good mathematical skills, reasoning ability, and analytical skills might opt to become statisticians. Big and small businesses alike demand BSc Statistics graduates interpret, analyze, and compute enormous amounts of data in order to produce meaningful results, which helps businesses better understand their customers, enhance earnings, and overall organizational productivity.

BSc Statistics Colleges

A few of the top city-wise colleges in India based on NIRF 2022 rankings and overall popularity that offer BSc Statistics courses are listed below:

BSc Statistics Institutes - Delhi

  • Hindu College
  • Lady Shri Ram College for Women
  • Sri Venkateswara College
  • Ramjas College
  • Kirrori Mal College
  • Shaheed Rajguru College of Applied Sciences for Women

BSc Statistics Institutes - Mumbai

  • Narsee Monjee Institute of Management Studies (NMIMS)
  • St. Xavier’s College
  • Ramnarain Ruia Autonomous College
  • DG Ruparel College of Arts Science and Commerce
  • Kishinchand Chellaram College
  • Elphinstone College

BSc Statistics Institutes - Bangalore

  • Christ University
  • St. Joseph’s College
  • Mount Carmel College
  • Kristu Jayanti College
  • Reva University
  • Indian Academy Group of Institutions

BSc Statistics Institutes - Chennai

  • Presidency College
  • Loyola College
  • Bharath University
  • DR. BR Ambedkar Govt. Arts College
  • SDN Bhatt Vaishnav College for Women
  • SCSVMV University

BSc Statistics Institutes - Hyderabad

  • Gandhi Institute of Technology and Management (GITAM)
  • St. Joseph College
  • St. Ann’s College for Women
  • Aurora Degree College
  • Indian Institute of Management and Commerce
  • AV College of Arts Science and Commerce

BSc Statistics Jobs

Candidates with a BSc Statistics degree can work in both the public and private sectors. Advanced statistics courses such as M.Sc, M.Phil, and Ph.D. are available to BSc Statistics students interested in pursuing higher education in statistics. BSc Statistics aspirants can also pursue Actuarial Science and work in a variety of financial and trading firms, as well as jobs in banking, information technology, and quality control. Some of the common employment areas for a BSc Statistics graduate include:

  • Research and Development Firms
  • Finance Institutions
  • Banking Sector
  • Trading Companies
  • Insurance Companies
  • Stock Exchanges
  • Transportation Sector
  • Educational Institutions

Below listed are some of the popular BSc Statistics jobs that BSc Statistics graduates could be interested in as well as the average salary scale for each BSc Statistics job profile:

Data Analyst: The data analyst is in charge of whatever data gathering management a corporation requires. Their primary responsibility is to prepare all types of data for a corporation, and they collect, validate, transform, and present the data in a more user-friendly format. BSc Statistics graduates are equipped with data-driven minds that will help them to re-arrange and assemble large chunks of data in a more understandable format which will help firms make better decisions and increase their profits.

Financial Analyst: Financial analysts perform several important functions in a corporate firm and a few of their important duties and responsibilities are listed below:

  • Cash flow forecasting, reporting, and operational metrics tracking 
  • Create financial models after analyzing financial data for better and quick decision-making.
  • Creating regular assessments to improve financial performance after each financial reporting period.

Financial Accountant: Financial accountants collect and track financial data. Financial accountants generate balance sheets and income statements, as well as give cost and revenue analysis and financial recommendations. A few of their responsibilities are mentioned below:

  • Creating reports on a weekly, quarterly, and annual basis.
  • Carrying out internal company audits
  • Keeping track of tax payments.
  • Handling the organization's budgets.
  • Accounting irregularities are tracked and reported on.

Analyst-Broking: Broking analysts examine financial data on stocks and companies in order to assist investors and entities in making investment decisions. They work for financial institutions, stock brokerage firms, and insurance companies, as well as government agencies and large corporations.

Statistician: Statisticians are experts who use statistical methods and models to solve problems in the real world. They gather, analyze, and evaluate data to aid in the making of diverse business choices. Statisticians are in high demand across a wide range of industries, with positions in corporate, science and medicine, administration, natural sciences, and environmental sciences among the most common. 

Credit Risk Strategist: Credit strategists assist organizations in underwriting and managing their portfolios, as well as directing credit strategy and developing growth-friendly solutions that mitigate risk. This is a high-impact position that requires collaboration across departments such as Sales, Legal, Treasury, and Finance.

BSc Statistics Top Recruiters

A degree in BSc Statistics is extremely valuable because a lot of big reputed companies including fast growing startups require BSc Statistics graduates to control, assess, interpret and evaluate huge amounts of data so that the businesses can run and function smoothly. The skills of a BSc Statistics graduates are indispensable for reputed organisations and that is why BSc Statistics graduates are paid really well. The starting salary for a BSc Statistics graduate ranges from INR 5,00,000 to INR 10,00,000 LPA. Some of the top recruiters that hire BSc Statistics graduates are mentioned below:

  • Google
  • Deloitte
  • Cognizant
  • Wipro
  • Federal Bank
  • IBM
  • Infosys
  • HDFC Bank
  • UBS

BSc Statistics Salary

BSc Statistics graduates can get hired in the public as well as the private sectors. A BSc Statistics graduate can work in many positions according to their interests and career goals. A BSc Statistics graduate can work in positions like Data Analyst, Actuarial Manager, Statistician, etc. Below mentioned are some of the popular job profiles that BSc Statistics graduates can work under and their respective salaries.

BSc Statistics Job Profile

Salary 

Data Analyst

INR 6 - INR 8 LPA

Financial Accountant

INR 6 - INR 9 LPA

Credit Control Executive

INR 5 LPA

Research Associate

INR 5 - INR 7 LPA

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FAQs about B.Sc - Statistics

Can commerce students do BSc Statistics?

Yes, commerce students can opt for the BSc Statistics course if they had studied Mathematics as one of the core subjects in 10+2 and have passed 10+2 with an aggregate percentage of 50% or above.
 

Why should I pursue BSc Statistics?

If you are good in mathematics and calculations then pursuing a BSc Statistics will open doors for excellent job opportunities in various industries like finance, banking, insurance, Research and Development, etc. You will earn a higher starting salary than your peers ranging from INR 6 to INR 10 LPA.

What are the best options after BSc Statistics?

After completing a degree in BSc Statistics, students may choose to apply for Indian Statistical services, Civil services, and Indian Economic Services exams OR students can pursue a lucrative career in diverse fields such as data analyst, statistician, financial accountant, etc.

How should I pursue a career in Statistics?

To pursue a career in statistics, students must have completed a degree in a similar discipline like BSc in Statistics or BSc in Mathematics. And students must also have completed their 10+2 with Mathematics as one of their core subjects.

Is Mathematics compulsory for BSc Statistics?

Yes, students must have studied mathematics as one of the core subjects in 10+2. Since BSc Statistics is a difficult stream, students with a mathematics background can perform well.

Is BSc Statistics better than BTech?

Both degrees have equally good job prospects. BSc Statistics is a specialized undergraduate science degree in Statistics whereas a BTech degree is related to the engineering domain and it includes lots of different disciplines that students choose as per their interests and career goals.

Is BSc Mathematics better than BSc Statistics?

Both are comparable and equally difficult streams. Both the streams provide excellent future growth and lucrative job opportunities after the completion of the course.

Is BSc Statistics difficult?

Yes, BSc Statistics is one of the most difficult science streams because it involves abstract mathematical calculations and complex computations. BSc Statistics is even more difficult than any of the engineering courses.

What are the available jobs after BSc Statistics degree?

With a BSc Statistics degree, one can work in diverse job profiles that pay very well. A few of the prominent job profiles after BSc Statistics are Statistician, Financial Analyst, Data Scientist, Marketing Assitant Manager, etc.

Is BSc Statistics a viable professional path?

A BSc Statistics degree can lead to careers as a business analyst, research officer, data analyst, or investigator. In the government sector, statisticians are needed to work on research and studies on consumer spending, changes in the economy, economic situations, population trends, and other topics.

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