Many of you may have doubts when your children want to pursue Statistics courses for their higher studies. But don’t worry, exciting career opportunities lay in store for them.
Statistics is the branch of study that involves the collection, description, analysis, and interference of conclusions from the quantitative data collected.
It’s extensively used in sectors like Business, Insurance, and the Stock market; Social Science branches like Sociology, Archeology, and Linguistics, and in most of the Science and Technology-related study branches like Physics, Chemistry, Biology, Medicine, Epidemiology, Genetics, Psychology, Engineering and Agriculture.
Statistics also plays a key role in emerging sectors like Image processing, Data Compression & Mining, Neural network, and Artificial Intelligence — all related to Computer Science.
A lucrative career now awaits students who chose Data Analytics, an interdisciplinary field that involves aspects of both Computer Science and Statistics.
Sectors like Teaching, Research, Market Research, Financial Analysis and the like now require Statistical experts. There are also numerous opportunities in the government sector, including the Indian Statistical Service, and IT firms.
Statistics is an apt field of study for those having an interest in Mathematics, Data Analysis, and Computing. Those who have chosen Mathematics as a subject during Plus 2 can get admission to BSc Statistics. Similarly, those who studied Maths/Statistics during their degree courses can apply for MSc Statistics.