Bachelor of Science or B.Sc. in Statistics (B.Sc. Stats) is an undergraduate course in statistics, probability and permutations. An integral factor for being eligible for this course is that the candidate must have completed 10+2 and passed HSC Examination with subjects like Physics, Chemistry and Mathematics with a minimum of 50% marks, from a recognised school in India.
Like all undergraduate program, B.Sc. Stats is a three years course. This course is often clubbed with Computer Science and Mathematics and hence students may find this course being available as B.Sc. in CSM; Computer, Statistics and Mathematics. Admission to the program is based on marks scored in 10+2 and/or personal interview by colleges.
The average annual tuition fee for the course ranges between 1.5 Lakhs INR to 2.5 Lakhs INR.
B.Sc. Stats is a course through which students find job opportunities in the actuarial sciences, banking, financial services, accounting and financing, Academic Institutions etc. Within these, professionals can find job profiles like that of a Financial Analyst, Data Analyst, Financial Accountant, Lecturer/ Professor etc.
A fresh graduate of this course can expect an average salary of 1.5 Lakhs INR to 2.5 Lakhs INR depending on the job profile and a particular company. But this salary would only go upwards with experience and more important positions within the company/organization.
The duration of this is just like most of the undergraduate courses: 3 years. This course follows the semester system over the annual mode and hence the course divided into 6 semesters.
Statistics deals with the study of probability and permutations. Students deal with hoards of data and assess this data and use it to make conclusions to check risk factors for insurance, finance and other industries.
B.Sc Stats is available in many Science colleges across India. Some of the top colleges for B.Sc Stats are as follows:-
Name of the Institute
St. Xavier’s College
University of Delhi
Baba Farid College
Amity Institute of Applied Sciences
Aditya Degree College
Banaras Hindu University
Aligarh Muslim University
Students can also study Actuarial Sciences which is a discipline that applies mathematical and statistical methods to assess risk in insurance, finance and other industries and professions from Institute of Actuaries of India etc.
To be eligible the candidate must pass in Class 10th with minimum aggregate 50% including all subjects from a recognised school.
The candidate must be pass in Class 12/QE with minimum aggregate of 50% with Mathematics as one of the subjects from a recognised school in India.
The admission to the program is generally merit based. The admission forms of the colleges are available between the months of May and June. The application forms are available both online and offline on the various university websites. After the application process is over, universities in dues time declare their cut off list for admission to the course.
However, there are universities such as Banaras Hindu University and Aligarh Muslim University which conduct an entrance test for admission to the program. The entrance test consists of 100-150 questions. The questions are from Physics, Chemistry and Mathematics and are of 10+2 level.
Selection for admission to this course is based on performance in entrance test, if conducted by the university, and marks scored in qualifying examination. Some colleges may choose to conduct a separate personal interview.
Selection at institutes which grant merit-based admission is based on marks scored in best four subjects in 10+2.