Students seeking to pursueMPhil in Statistics must have the knowledge that this course offers the base to the students invarious areas like the analysis of risk,Mathematical Finance (Mathematical physics), partial differential equations,probability,numerical computation, stochastic networks,approximation theory, numerical analysis, trafficsand applications to problems of telecommunications .

Eligibility Criterion

Students seeking to undergo this course need to have at least55% score in their post-graduation degreefrom any reputed or recognized university in any renowned stream. This course is open even for students of final year. The student should have a minimum age of 22 years.

Course Outlook

This is a one year course andthere are two semesters.Someuniversities even offer a part-time course of two years. There are some universities which even offer Distance Learning Programs. Both theoretical and applied features of statistics are taught in this course and thus the students are capable of applying their logical and technical abilities to producefresh ideas and deliver solutions as well asinventions.Institutes also provide placement opportunities but to avail them a student should secure a minimum of 50% marks in each semester.

Job Prospects

This course provides very good career prospects for students. There are a lotof chances for the candidates to get a job in this field among which the most noteworthy are researchin areas of Finance,Statisticians, Development economics,Financial Analysts Professor.

Best Places to pursue

1.    Indian Institutes of Statistical Science, Kolkata.
2.    University of Mysore.
3.    Loyola College, Madras University.