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Master of Commerce in Statistics (M.Com Statistics)

Updated By Rahul Raj on 25 Nov, 2020
Average Duration
2 years
Average Fee
7 K-2 L INR annual
Exams Accepted
CUCET, KSET (Karnataka), HP SET ...

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

Want to know more about

Master of Commerce in Statistics?

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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