B.Sc Statistics 2023: Salary, Career, Scope, Vacancies, Job Sectors, Companies, Government Jobs, Careers

With Statistics students learn to handle plenty of data and hence can find employment in the following areas:

  • Banking industry
  • Financial Services
  • Broking Industries
  • Accounting and Finance
  • Academic and Educational Institutions

Check B.Sc Statistics Syllabus

Job Profiles

In the above mentioned sectors, following are job profiles which one can expect:

Job Profile

Description

Financial Analyst

Financial analysts work in the accounts department of a company and prepare, manage and analyse accounting information.

Data Analyst

Data analysts work with any and every kind of data for a company. They collect, validate, transform, present and make conclusions based on the collected and modified data.

Financial Accountant

Financial accountants ensure and supervise effective operation of accounting and financial activites of a company.

Operations Officer-Banking

An Operations Officer is responsible for providing support to all business units within an organization. They are also responsible for allocating budget and manage expense for all business operational activities.

Analyst- Broking

A Broking Analyst essentially provides stockbrokers, fund managers and stock market traders with financial information, advice and recommendation on the basis of available investment data.

Credit Control Executive

A Credit Control Executive determines a prospective creditor’s eligibility for loan and manages the debts of existing customers.

Some of the top recruiters for B.Sc. Statistics graduates are given below. These recruiters vary from public sector banks to private finance firms.

  • Accenture
  • GE Capital
  • Genpact
  • HDFC Bank
  • Reserve Bank of India
  • Indian Market Research Bureau

B.Sc. Statistics: Salary Trends

The Banking and Finance industry has been growing at a steady rate in the last couple of years. With the introduction of IT tools and techniques, there has been a still better growth in the industry.  The workforce requirement in this sector is expected to be nearly 4.2 million and the sector may create about 20 Lakh jobs in the coming 5 years. This growth is bound to increase demand for skilled professionals with knowledge of Finance and Statistics. Hence, B.Sc. Statistics can be a prudent choice for those vying for a career in Finance industry.

The graph below shows the current salary trend in Banking and Finance industry for profiles offered to B.Sc. Statistics graduates. 

salary graph for B.Sc. in Statistics

Bachelor of Science [B.Sc] (Statistics) : 18 answered questions

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Ques. What is the future of B.Math and B.Stat students in ISI, Kolkata?

● Top Answer By Praniti Das on 28 Sept 21

Ans. ISI Kolkata does not provide a B.Math program. The majority of B.Stat students return for M.Stat while some people join CMI, TIFR, IIM, and other such organizations.  M.Stat employees earn an average of 16–17 LPA, and many of them attend prestigious US graduate institutions. There are no fees for the entire program, and a stipend is provided. So, if you're looking for a career here, your future is bright.Read more
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Ques. What are some reasons to not choose B.Stat at ISI Kolkata?

● Top Answer By Soutrik Banerjee on 22 Aug 22

Ans. Life at ISI Kolkata isn’t similar to that of other typical colleges, where you can bunk classes, mug up concepts right before the examination, and score passing grades. It maintains a high standard of academics. The curriculum and course work is extremely grueling. Many students find it difficult to even score passing marks in some courses. ISI doesn’t give any option to retake a course. Many students take admission at ISI for the free-of-cost world-class education, it offers. This is not a good motivation for choosing the institute. Choose ISI Kolkata B.Stat, only if you are interested in the course. Read more
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Ques. What are my chances of getting admission in ISI Kolkata in B.Stats if I dont have pretty good marks in 12th (mathematics) but I clear its entrance and subjective paper? Is there any chance?

● Top Answer By Geetika Goel on 13 Sept 21

Ans. ISI Kolkata is considered to be a good institute for B.Stats. It accepts admission purely on the basis of the entrance exam and the interview. The minimum eligibility criteria for the entrance is 70% in class 12th boards.  The selection process will be finalized upon your performance in the entrance exam and the interview session. With this score, you will be able to pass through the cutoff but you must have an exemplary performance during the interview session.Read more
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Ques. Is it wise to prepare for the ISI Kolkata B.Stat entrance exam instead of IIT?

● Top Answer By Shrayanshi Roy on 15 Sept 21

Ans. Taking a course at IIT is just as difficult and demanding as pursuing a B.Stat course at ISI. They are whatever you choose to do with your life, whether you like mathematics/statistics enough to spend three years learning statistics (and a little math) and statistics solely at ISI, or you believe you are skilled in another subject that has a good course at one of the numerous IITs. It depends totally on where you want to be. Furthermore, even if you prepare for college X, there is no guarantee that you will be accepted. As a result, keeping colleges Y and Z in mind as a backup is always a good idea. Only you can decide which option is preferable for you and what you want. Read more
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Ques. What should I expect in the interview for a B.Stat at ISI, Kolkata?

● Top Answer By Gagan Singh on 22 Sept 21

Ans. My brother appeared for the interview last year, so I think I can answer your question. The panelists will evaluate your ability to explain new questions. They might even ask you to solve the questions on the board. You must be clear about your choice of ISI Kolkata as you will be asked the reason for the same during the interview. Expect questions on topics such as Calculus, Geometry, Combinatorics, and Probability. Keep your basics clear, know the definitions, and practice solving problems based on the definitions. Just keep practicing, be confident and give your best shot at the interview.Read more
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Bachelor of Science [B.Sc] (Statistics) Colleges IN INDIA

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Loyola College
Chennai, Tamil Nadu
48.94 K first year fees
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Fergusson College
Pune, Maharashtra
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Presidency College
Chennai, Tamil Nadu
1.27 K first year fees
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St. Xavier's College
Mumbai, Maharashtra
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