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    M Com in Statistics

    About Master of Commerce in Statistics

    M.Com Statistics or Master of Commerce in Statistics is a PG degree programme that deals with collecting and interpreting statistical data. The duration of this programme is two years. After completing the M.Com Statistics degree course, students get the knowledge of Mathematical Economics, Advanced Statistics, Econometrics, Indian Official Statistics, etc. In order to pursue this programme, students must have a strong background in algebra, practical mathematics, calculus, finance, etc. The average tuition fee for M.Com Statistics can vary from INR 85,000 to INR 1.03 Lakhs.  

    M.Com Statistics Course Highlights

    The highlights of M.Com Statistics are as follows:

    Course Name

    Master of Commerce in Statistics

    Short Name

    M.Com (Statistics)

    Course Level

    Postgraduate 

    Course Type

    Degree Programme

    Degree

    Master of Commerce (M.Com)

    Specialisation

    Statistics 

    Course Duration

    2 Years

    Internship

    Not Mandatory

    Course Mode

    Regular 

    Minimum Qualification Required

    B.Com (Bachelor of Commerce)

    Age

    Not Specified

    Selection Process

    Admission Through Entrance Exams/ Direct Admissions

    Course Fee

    INR 7,000 to INR 2 Lakhs

    Relevant Field 

    Commerce and Finance

    Job Types

    Data Analyst, Econometrician, Biostatistician, Enumerator, Assistant Professor, Research Analyst, Statistician, Data Interpreter, etc.

    Average Salary

    INR 2.5 LPA - INR 11.5 LPA

    Master of Commerce in Statistics Eligibility Criteria

    Eligibility Criteria for M.Com Statistics

    Mentioned below are the minimum eligibility criteria that candidates must meet to get admission in M.Com Statistics.

    • Candidates must hold a bachelor’s degree (B.Com/ BA/ BBS) from a recognised university.

    • Candidates must have studied commerce subjects like Mathematics/ Accounts/ Economics/ Statistics in their undergraduate degree programme. 

    • Students are required to score at least 50 per cent marks in their bachelor’s degree examinations.  

    Admission Process for M.Com Statistics

    • The admission/ selection process for M.Com Statistics varies from institution to institution. 

    • For some colleges, candidates are required to pass an entrance exam and the selection is done on the basis of candidates’ performance in the exam. 

    • For some colleges, candidates are selected on the basis of their percentage in the bachelor’s degree examination.

    Entrance Exams for M.Com Statistics

    Some of the entrance examinations conducted for the M.Com Statistics programme are mentioned below. 

    • Barkatullah Vishwavidhyalaya University M.Com. Entrance Exam

    • BHU (Banaras Hindu University) M.Com. Entrance Exam

    • Acharya Nagarjuna University M.Com. Entrance Exam

    • Bangalore University M.Com. Entrance Exam

    • Avinashilingam University for Women M.Com. Entrance Exam

    Master of Commerce in Statistics Syllabus

    The semester-wise syllabus for M.Com Statistics is mentioned below. 

    Year I

    Semester I

    Advanced Statistics - I

    Univariate Distributions

    Index Numbers

    Advanced Statistics - II

    Advanced Statistics - III

    Statistical Inference

    Demography

    Advanced Statistics - IV

    Testing of Hypothesis

    Time Series Analysis

    Mathematical Economics

    Non- Parametric Tests

    Semester II

    Advanced Statistics - V

    Life Tables

    Econometrics Methods

    National Income

    Demography

    Advanced Statistics - VI

    Time Series Analysis

    Indian Official Statistics

    Year II

    Semester III

    Semester IV

    Advanced Statistics - VII

    Advanced Statistics - X

    Advanced Statistics - VIII

    Advanced Statistics - XI

    Advanced Statistics - IX

    Advanced Statistics - XII

    M.Com Statistics Course Fee

    The details on M.Com Statistics course fee can be found in the table below. 

    Category 

    Course Fee 

    Minimum Fee

    INR 7,000

    Maximum Fee

    INR 2 Lakhs

    Average Fee

    INR 1.03 Lakhs

    Master of Commerce in Statistics Career Options and Job Prospects

    Following are the job opportunities and profiles that candidates can explore after completing M.Com Statistics programme. 

    Employment Areas

    • FMCG Companies

    • Commerce Hubs

    • Banking Sector

    • Indian Statistics Services (ISS)

    • UPSC

    • SSC

    • Stock Exchanges

    • Educational Institutes

    Job Profiles

    • Data Analyst

    • Enumerator

    • Business Analyst

    • Assistant Professor

    • Research Scholar

    • Data Interpreter

    • Biostatistician

    • Risk Analyst

    • Econometrician

    • Research Analyst

    • Mathematician 

    • Teacher or Lecturer

    • Statistician 

    Salary After M.Com Statistics

    The salary package after completing M.Com Statistics depends on the job profile, employer and one’s talent. Mentioned below are the salary ranges for different job profiles relevant to the field. 

    Job Profiles

    Initial Average Salary

    Statistician 

    INR 2.5 LPA - INR 4.5 LPA

    Risk Analyst

    INR 3 LPA - INR 6 LPA

    Mathematician 

    INR 11.5 LPA - INR 14.2 LPA

    Consultant 

    INR 4 LPA - INR 7 LPA

    Data Analyst

    INR 2.5 LPA - INR 4.5 LPA

    Business Analyst

    INR 7.5 LPA - INR 9.5 LPA

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