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Ph.D. (Statistics)

  • STREAM

    COMMERCE

  • DURATION

    2 YEARS

  • COURSE

    Statistics

  • COURSE TYPE

    Doctorate/M.Phil

Doctor of Philosophy in Statistics Top Colleges, Syllabus, Scope and Salary

 

Ph.D. in Statistics is a 2-year postgraduate course in Statistics, which is a branch of mathematics that deals with the collection, analysis, interpretation, and presentation of numerical data. It is a tool for data-based prediction and forecast. It is applicable to a wide variety of academic disciplines, from the natural and social sciences to the humanities, government, and business.

Statistics is a key tool in business and manufacturing as well. It is utilized to comprehend measurement systems’ variability, control processes for abridging data, and for making data-driven choices. A Statistician gathers, verifies, and translates information and utilizes the same to tackle issues in a wide assortment of fields.

Doctor of Philosophy in GujaratDoctor of Philosophy in Tamil NaduDoctor of Philosophy in RajasthanDoctor of Philosophy in Karnataka

For pursuing Ph.D. in Statistics, aspiring candidates need to have completed M.Stat./ M.A./ M.Sc., or equivalent qualification in any of Mathematics, Statistics, and Science.

Selection to the course is based on the candidate’s obtained merit at the level of graduation, or performance in a relevant entrance test, and performance in the subsequent round of interview.

Such postgraduates are hired in capacities such as Data Analyst, Research Analyst, Assistant Professor, Biostatistician, Data Interpreter, Econometrician, Enumerator, Lecturer, Research Scholar, Statistician, Test Content Developer – Humanities, Content Developer – Sociology, Labour Counsellor, Article Writer, Curriculum Trainer – Sociology, Trainee Associate, Sociologist, Trainee - Teaching Associates, Asst. Professor & Lecturer, etc.

The average tuition fee charged for the course in India ranges between INR 2,000 and 5 Lacs for a span of 2 years. In India, the average annual salary of a Statistician can be expected to lie between INR 2.5 and 3.5 lacs.

Ph.D. in Statistics: Course Highlights

Listed below are some of the major highlights of the course.

Course LevelDoctorate
Duration2 years
Examination TypeSemester System
EligibilityPost-graduation (M.Stat./ M.A./ M.Sc.)
Admission ProcessBased on obtained merit/ Direct interview of the short-listed candidates.
Course FeeINR 2,000 to 5 Lacs
Average Starting SalaryINR 4 to 10 lacs per annum
Top Recruiting CompaniesDeloitte Consulting, TCS Innovations Labs, Blue Ocean Marketing, BNP Paribas India, Neilson Company, Accenture, HP, GE Capital, HDFC, Cognizant, American Express, RBI, HSBC, Indian Market Research Bureau, Genpact, etc.
Top Recruiting AreaCensus, Ecological, Medical, Election, Crime, Education, Film, Cricket, Tourism, Govt. Jobs, Indian Economic Services, Businesses, Commerce, Indian Statistical Services, Social Research, Consulting Firms, Data Survey Agencies, Insurance, Statistical Research, Economics, Finance, Public-Sector Undertakings (PSUs), Statistical and Economic Bureaus, Banks, etc.
Job PositionsData Analyst, Research Analyst, Assistant Professor, Biostatistician, Data Interpreter, Econometrician, Enumerator, Lecturer, Research Scholar, Statistician, Test Content Developer – Humanities, Content Developer – Sociology, Labor Counsellor, Article Writer, Curriculum Trainer – Sociology, Trainee Associate, Sociologist, Trainee - Teaching Associates, Asst. Professor & Lecturer, etc.

Ph.D. in Statistics: What is it About?

The program offers to eligible candidates a wide base of advanced learning in Theoretical Statistics, Applied Statistics, Probability, and such areas of study.

Ph.D. is a research-based program in Statistics. The course consists of four areas of specialization, viz. Biostatistics, Mathematical/Probability Statistics, Statistical Modeling, and Actuarial Science/Financial Mathematics. A compulsory thesis needs to be submitted by students of the course upon completion of 24 months of study of the subject.

 

Ph.D. in Statistics: Course Objectives

As a mathematical science, Statistics is concerned with the presentation, interpretation, collection, analysis, and explanation of data. It aims to impart to eligible students advanced learning in:

  • a broad spectrum of academic disciplines ranging from Humanities to Physical and Social Sciences.
  • both Mathematical and Applied Statistics.
  • related sub-disciplines, namely Descriptive and Inferential Statistics.

Top Institutes offering Ph.D. in Statistics

Listed below are some of the top institutes in India that offer the course.

Name of InstituteCity Average Fees
Shailesh J. Mehta School of ManagementMumbaiINR 24,000 (course)
Indian Institute of Foreign TradeNew DelhiINR 1,01,000 (course)
Narsee Monjee Institute of Management StudiesMumbaiINR 57,000 (course)
Department of Management Studies, Indian Institute of TechnologyChennaiINR 11,871 (course)
Department of Management Studies IIT DelhiNew DelhiINR 12,900 (course)
Indian Institute of ManagementRanchiINR 3,90,000 (course)
Indian Institute of Foreign Trade - [IIFT],KolkataINR 1,01,000 (course)
Amrita School of BusinessTamil NaduINR 1,33,000 (course)
Centurion University of Technology and ManagementBhubaneswarINR 96,667 (course)
Alliance School of Business, Alliance University, BangaloreBangaloreINR 1,43,000 (course)
Maulana Azad National Institute of TechnologyBhopalINR 21,393 (course)
Sharda University - [SU],Greater NoidaINR 63,333 (course)
Birla Institute of Technology and ScienceGoaINR 2,59,000 (course)
Thapar Institute of Engineering and Technology UniversityPunjabINR 98,900 (course)
Amrita Vishwa Vidyapeetham Coimbatore CampusTamil NaduINR 1,33,000 (course)
Amity University,NoidaINR 1,05,000 (course)
Babu Banarasi Das UniversityLucknowINR 1,20,000 (course)
Poornima UniversityJaipurINR 71,667 (course)
Gitam University,VisakhapatnamINR 63,167 (course)
Sir Padampat Singhania University - [SPSU],UdaipurINR 74,333 (course)
University of Rajasthan,JaipurINR 14,395 (course)
Central University of Rajasthan - [CURAJ],AjmerINR 17,448 (course)

Eligibility for Ph.D. in Statistics

Candidates wishing to apply for the course need to fulfill the following eligibility criteria

  • M.Stat./ M.A./ M.Sc. in Statistics or equivalent discipline, completed from a recognized university.
  • A minimum aggregate score of 50% (45% for SC/ST/OBC candidates) at the level of post-graduation.
  • Mathematics and Statistics as the main subjects of study at the 10+2 level.
  • Candidates awaiting their post-graduation examinations’ results are also eligible to apply on provisional basis.
Doctor of Philosophy in Uttar PradeshDoctor of Philosophy in West BengalDoctor of Philosophy in Madhya PradeshDoctor of Philosophy in Orissa

Ph.D. in Statistics: Admission Process

Most institutes offering the course admit students based on their performance in a relevant entrance test followed by a round of Personal Interview. Some institutes conduct their own entrance tests for offering admission. Admission process generally varies across colleges. A few institutes also provide direct admission based on the candidate’s score at the level of post-graduation, but necessarily followed by a round of Personal Interview.

Ph.D. in Statistics: Syllabus and Course Description

A semester-wise breakup of the course’s syllabus is tabulated here.

Semester I

Research MethodologyAdvanced Queuing Systems
Advanced Trends in StatisticsLaplace Distributions
SpecializationCircular Distributions
Longitudinal Data AnalysisLimit Theorems and Stability of Random Sums
Stochastic Models in Queuing Theory-

Semester II

Dissertation and Viva-voce-

Ph.D. in Statistics: Career Prospects

Successful Statisticians are lucratively hired as Investment Analysts, Psychometrists, Cryptologists, Commodities Financial Aid Directors, Traders, Information Scientist, etc. They also have much professional scope in teaching/ lectureship, and even research.

They can find gainful employment opportunities in public sector organizations, financial institutions, and such corporations. Academic institutions Analysts for instructive, factual research-based roles, and every year the UPSC conducts an all-India examination for hiring in the Indian Statistical Services (ISS).

Some of the popular professional avenues open to successful professionals are listed below with the corresponding salaries offered for the respective positions.

Doctor of Philosophy (Ph.D.) in Statistics
Job PositionJob DescriptionAverage Annual Pay Scale in INR
EconomistsEconomists investigate and examine information that influences the financial and money-related occupations of the government. They clarify and forecast economic patterns in view of such data. They explore and break down information utilizing an assortment of programs, including spreadsheets, factual examination, and database-administration.6,87,845
Data analystsA Data Analyst accumulates and examines data to innovate ways to improve businesses and government entities, or databases and its related data. Such data can include any subject including laborers, customers, arrangements, etc.3,49,284
StatisticiansA Statistician gathers numerical information and displays it, helping organizations to comprehend quantitative information and to spot patterns and make forecasts. A Statistician must create methods to beat issues in information-gathering and examination.3,68,671
BiostatisticianA Biostatistician utilizes or applies arithmetic insights to effect advancements in science. They plan natural tests basically in the field of agribusiness and solution, gather, analyze, and condense such information, and formulate conclusions in light such information.9,57,883
EnumeratorsAn Enumerator is essentially in charge of recording the number of individuals in a family, their ages, genders, and other such data. They collect and record such factual information.6,59,273