Statistics

MSc Mathematics delves deeply into mathematical theories, principles, and their applications across various branches like algebra, analysis, topology, number theory, etc.MSc Statistics centres on statistical theory, methodologies, data analysis, probability, and applications in various domains such as healthcare, economics, social sciences, etc.Candidates can check the table below to see the comparison between the two.ParticularsMSc MathematicsMSc StatisticsCourse LevelPostgraduatePostgraduateCourse Duration2 years2 yearsCourse FeeINR 12,000 - INR 20 LakhINR 3,000 - INR 4,00,000Entrance ExaminationsIIT JAM, DUET, CUCET, NEST  DUET PG, CUET PG, IIT JAMTop CollegesAligarh Muslim University, Banaras Hindu University, Bharathiar University, Calcutta UniversityBanaras Hindu University, Calcutta University, University of Hyderabad, Bharathiar UniversityJob ProfilesMathematics Professor, Mathematics Specialist, Quantitative Risk Analyst, Quantitative Developer, Mathematician, Data Analyst, etc.Investment Analyst, Business Analyst, Risk Analyst, Statistician, Data Analyst, etc.Average Annual SalaryINR 2 Lakh - INR 12 LakhINR 9 LPA - INR 4 LPATop RecruitersFord, JCB, American Express, Capital One, Barclays Bank, Marks & Spencer’s, Tesco, etc.Neilson, Deloitte Consulting, Tata Consultancy Services Innovation Labs, Blue Ocean Marketing, BNP Paribas, Goldman Sachs, Genpact, Accenture, etc.

B.Sc stands for Bachelor of Science. B.Sc Statistics is a Bachelors Degree course that focuses on the discipline of statistics. The course covers topics such as statistics, permutations and combinations. Statistics involves collection, study, analysis, interpretation, presentation and organisation of numerical data. This discipline of Science applies statistics to solve industrial, social and scientific problems. The applications of statistics are many! Statistical designs and experiments can be applied to obtain solutions to problems in the following fields life sciences, economics, data Science, risk management and marketing management!
If you are interested in crunching numbers, this course will suit you! The job opportunities associated with this discipline are also pretty impressive!
Statistics course is often bundled with relevant subjects like mathematics and computer Science. It is not uncommon to see institutes offering a combo B.Sc. course (B.Sc. Computer Science, Mathematics and Statistics). Statistics graduates have both government and private job opportunities available in front of them. Banking, finance and research firms are the prime job providers to statistics graduates.

Yes, there is a requirement to qualify mainscope:
After your graduation from a B.Sc. Mathematics degree, you can pursue courses like MCA M.Sc. IT, actuarial sciences, MBA or M.Sc. In Mathematics. To get the most out of this course, it is best to immediately pursue higher studies after having completed your graduation. The world is your oyster afterwards, with a plethora of opportunities in research, academia, and technical institutes. Career opportunities can include jobs at financial companies, software developers, marketers and bankers; everyone wants a good mathematician. In applied mathematics, you'll have to creatively solve problems in business and social domains. Data analytics, a field which is the talk of town, often needs people who are good with numbers and understand data. With excellent mathematical abilities, you might just be picked up by political or military intelligence bodies to work as a crypto analyst, who deciphers encrypted messages.