Master of Arts in Statistics Top Colleges, Syllabus, Scope and Salary

MA in Statistics is a 2-year full-time postgraduate course, the minimum eligibility for admission to which is graduation completed from a recognised university with a minimum aggregate score of 50%. Graduation needs to have preferably been done in Statistics or with Statistics as one of the main subjects.

Admission to the course is based on the candidate’s performance in a relevant entrance test. Some Universities however, grant admission on the basis of merit obtained by the candidate at the level of graduation.

Master of Arts in Uttar Pradesh

Master of Arts in Andhra Pradesh

Master of Arts in Assam

Master of Arts in Orissa

Such postgraduates are hired in capacities such as Assistant Professor, Data Analyst, Research Analyst, Enumerator, Data Interpreter, Econometrician, Statistician, Lecturer, Biostatistician, Research Scholar, and such.

The average tuition fee charged for the course in India ranges between INR 10,000 and 60,000 for a span of 2 years, and the average annual salary offered to such professionals ranges between INR 4 and 6 Lacs, increasing with the candidate’s experience and expertise.

MA in Statistics: Course Highlights

Listed here are the major highlights of the course.

MA in Statistics: What is it About?

The program basically entails a through and definitive study of statistics at an advanced level. The course is intended for those having an inclination towards higher learning in Statistics. Statistics finds application everywhere and the degree warrants highly potential employability.

Statistics is a highly relevant field with:

• applications in many different academic disciplines, such as medicine, natural sciences, education, psychology, and education.
• relevance for workers in industry, business, and government.

It can be defined as:

• the study of the science of collection, organisation, analysis, interpretation, and presentation of numerical and categorical data.
• The science of mathematical principals which are used to conduct survey and research to arrive at usable results.

In terms of objectives, the program aims to offer to eligible candidates:

• advanced learning and hands-on training in selected areas of statistics
• familiarity with the use of statistical tools in the analysis of industrial, social, and business-related data. 
• the core knowledge required for statistical applications.
• familiarity with real-life data-related problems, and the use of statistics in Applied Sciences and industries.
• hands on training in selected areas of Statistics.
• skills in using appropriate software applications for statistical applications in various fields.

Statistics is the study of collection, organization, and interpretation of data, with the data being in the form of both numerical figures and as relationship between different such entities. The course also covers:

• fields of designs of experiment along with surveys that provide assistance in different aspects.
• detailed stress on the assessment of the picture obtained through collection of different forms of data.
• relevance for working professionals in R&D and Quality Control divisions in Industries, Commerce and Management departments of various universities, who are interested in updating their knowledge in Statistics.
• value for graduates who wish to continue their education and are interested in getting into the field of Applied Statistics.
• training for potential Statisticians to operate in the public and private sectors as Statistical Scientists, Consultants, and Engineers to manage and analyse data.

Top Institutes offering MA in Statistics

Listed here are the names and corresponding details of the top institutes offering the course in the country.

Eligibility for MA in Statistics

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

• graduation 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 graduation.
• candidates awaiting their graduation-level examinations’ results are also eligible to apply on provisional basis.

MA in Statistics: Admission Process

Most institutes offering the course in the country admit students based on their performance in a relevant entrance test. 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 score at the level of graduation.

Some such institutes that hold entrance tests in the country for admission to the course are

• University of Delhi
• Indian Statistical Institute
• Banaras Hindu University

MA in Statistics: Syllabus and Course Description

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

MA in Statistics: Career Prospects

The course prepares professional in terms of:

• analytical ability
• skills relating to presentation of data
• business skills
• critical, analytical, problem-solving skills.

Aside from financial institutions, such postgraduates are gainfully employed in teaching jobs in universities, colleges, and in statistical research.
Scopes of job roles of such Statisticians include:

• working in survey departments to gather information from particular sections and publish results for the whole population.
• conducting surveys on a range of issues such as politics during elections, or issues related to the general public.
• engagements in business field, sports statistics, scientific research, and medical statistics.

Such graduates may later pursue advanced courses in the subject such as Ph.D. or M.Phil. degrees.

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

Aspirants seeking admission to 2 year Full-time MA Program should meet the following criteria as specified by the institute.

1. Candidate should have a  Bachelor's Degree or equivalent with a minimum of 48 credits in a Major subject, 48 credits in two minor subjects, 9 credits in compulsory, 1 credit in GI & hobby with an aggregate of 106 credits for the award of the pass degree.  OR
2. Candidate should have at least 50% marks in aggregate (45% in case of SC.ST.) from a University established by law in India.