Home > Discussion > After doing B.Sc (hons.) and in Statistics, I will do M.stat.... What are the job oportunities? And how much I can earn....?

After doing B.Sc (hons.) and in Statistics, I will do M.stat.... What are the job oportunities? And how much I can earn....?

RAHUL MANNA updated on : 21 Mar, 2013 106

Dear student,

After completing Master’s in Statistics, you can have jobs with the private as well as government departments which conduct experiments on consumer prices, fluctuations in the economy, employment patterns, population trends etc.

Some job options after M. Stats are-

• Statistician-Expertise in Research

• Statistician or Biostatistician

• Senior Statistician or Junior Statistician (Pharmacy)

• Statistician or Arithmetician

• Online Tutor-Statistics

• Subject Matter Expert-Statistics

• Assistant Professor (Mathematics and Statistics)

• Statistical Investigator Grade -I (Training)

The pay scale depends on course, college reputation, student’s abilities, placement and various other factors. You can calculate your salary as per your preferences by using our Salary Calculator Tool.

Government Sector

• Where can one work - Central/State govt. dept.. Banks. RBI (Gr. A). Armed Forces, etc.

• Work description - General in nature or Technical requiring first degree level of knowledge

Industry Sector

• Where can one work - KPO. Insurance, etc

• Work Description - Analysts. Insurance underwriters, etc. requiring undergraduate level knowledge of the subject. May require planning, execution, and analysis of surveys. Knowledge of general/statistical software is a prerequisite.

Government Teaching & Research

• Where can one work - Indian Statistical Service. RBI (Gr. B).etc. Universities/Colleges in the govt, or private sector

• Work Description - Technical or administrative in nature.Teaching at the Undergraduate and/or postgraduate level. Teaching in management. FT. actuarial programs in the private sector

Research

• Where can one work - In govt. such as CSIR, ICAR, DRDO, IMO.etc.

• Work Description - Theoretical or application orient­ed research.

• Where can one work - Member of ‘analytics team’ in leading companies. Market research organisations

• Work Description - Data analysis relating to Market research, Psephology, Financial sector. Business Intelligence. Customer relationship manage­ment. Data mining, data ware­housing, etc.

Insurance

• Where can one work - Life / General insurancecompaniesor Consultancy

• Work Description - Actuarial evaluation, risk analysis etc.

Govt./Private

• Where can one work - Govt ./Private companies Universities/colleges in govt, and private

• Work description - Software development Teaching and research

Private

• Work description - Managerial, may involve analytics

Career as statistician

Good luck!!! 


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