Which is better M.Sc. Statistics from Mumbai University or NMIMS?

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Anumita Gupta Posted On - Jul 18, 2022

BSc from University of Mumbai

NMIMS is better than Mumbai University for an M.Sc. in Statistics. The course is more practical oriented. NMIMS placements are better too. Students of M.Sc Statistics receive an average CTC of around INR 8 LPA. While the highest CTC goes up to INR 16.8 LPA. Students are offered roles such as Data Scientists, and Data Analysts. Course 5i, and Accenture are among the major recruiters.

The master's in Statistics offered by MU is more theory-oriented and doesn’t offer the skills required in the industry.

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Shiv Nagar Posted On - May 28, 2021

Studied at University of Mumbai (2019)

One of my cousins is studying PGD in Applied Statistics at the University of Mumbai and knows every professor from UoM Statistics Department.

Here are some pros and cons of Mumbai University.

Pros:

It has a qualified and highly skilled faculty. Professors have deep theoretical knowledge.
The statistics department has good industry contacts.
It offers good placement offers. The average salary recorded here is 8.8 LPA

Cons:

Professors mostly focus on theory so you will not understand the statistics of applications.
Students are taught old tech software with which you cannot code SAS, R.
You won’t get a chance of doing an internship as vacations are mostly spent completing projects.

If you going for M.Sc at NMIMS, you will get an internship opportunity in a government organization. This will give you good exposure to the industry.

Therefore, NMIMS is better than the University of Mumbai for pursuing an MSC in Statistics. Also, you will get a good opportunity if you have completed a Masters in Statistics and solved 9 Actuarial science papers.