M.Sc in Statistics is a post graduate program. This course can be completed in 2 years. Aspirants who hold a Bachelor of Science degree in the field can opt for this course. Aspirants who hold this degree have a good career in several industries in India and also foreign countries.

Salaries after M.Sc in Statistics in Private Sector

M.Sc in Statistics pass outs is offered career opportunities in the Banking sector, IT field and also Quality control sector. They can also find job openings in various Financial and share trading companies as well. They can work in numerous job profiles including Business analyst, statistics lecturer and also as professors in various institutions. These graduates can also work as Software engineers, investigative officers, statistics analysts and also as researchers. Data Survey Agencies, Education units and Finance units are the common employment areas for these graduates. Aspirants in this field can expect salary packages in the range of Rs.175000/- to Rs.300000/- per year. Experienced persons in this field can expect even more.

Salaries after M.Sc in Statistics in Public Sector

Aspirants in the field of Statistics can find job openings in Indian Statistical Services and also Insurance industries. These people can work in several job profiles which include the following.

• Statisticians
• Biometrician
• Biostatistician
• Data Analyst
• Faculty in Education Institutions
• Research Analyst
• Research Scholars

They can engage in the following job profiles as well.

• Data Interpreters
• Econometrician
• Enumerators

The employment areas for M.Sc in Statistics graduates include the following.

• Agricultural research
• Banks
• Demographic Studies
• Economics
• Indian Economic Services
• Statistical and Economic Bureaus

Some of the common areas which offer job opportunities for these people include the following.

• Indian Civil Services
• Statistical Research
• National Council for Applied Economic Research
• Planning Commission

Various other areas of employment for M.Sc in Statistics pass outs are as follows.

• Department of Commerce
• Public Service Commission
• Agricultural Statistics Research Institute
• Railways

Government sector offer salary packages in the range of Rs.150000/- to Rs.250000/- per year. Experienced hands who have good knowledge and practice in the field can earn very good salary packages.

Remuneration after M.Sc in Statistics Abroad

Most of the foreign nations are of great need for M.Sc in Statistics pass outs. Various financial as well as related firms employ these graduates. They are paid really well abroad. They can earn in the range of Rs.50000/- to Rs.100000/- per month in reputed firms abroad. The popular organizations that recruit these graduates include Euro-stat, IAOS, OECD, PARIS21 and also UNESCO. Experienced talents in this field can expect very good salary packages abroad. They will be provided exposure to new undertakings as well.