Statistics is the study of the collection, organization, analysis, interpretation and presentation of data. It deals with all aspects of data including the planning of data collection in terms of the design of surveys and experiments. When analyzing data, it is possible to use one or both of statistics methodologies: descriptive and inferential statistics in the analysis data.
Statistics is the study of the collection, organization, analysis, interpretation and presentation of data. It deals with all aspects of data including the planning of data collection in terms of the design of surveys and experiments.
Statistics is important in various fields, in fact all fields. From media houses to a scientist’s lab, you can find him/her. Whether it is a simple presentation or complex data, you can find a statistician’s virtual imprint on it. It may seem drab to many, but if you have a head for statistics, many regular careers could be right up your street.
The University of Delhi (DU) offers it at the undergraduate as well as postgraduate level. DU colleges offering the honours programme in statistics are Hindu, Kirori Mal, Ramjas, Lady Shri Ram, Sri Venkateswara, PGDAV, Ram Lal Anand as also Ramanujan which was added last year.
Let us see what the colleges have to say about the subject-
“Statistics make you understand about numbers. They deal with uncertainty. To understand statistics, one should have the ability to solve someone else’s problem,” says Debasree Goswami, associate professor in statistics, Hindu College, DU.
There are many job opportunities after a postgraduate degree in the discipline. One can opt for analytics, finance, actuarial science, software development and many more options. In the government sector, postgraduates can apply for positions in the Indian Statistical Service (ISS), Subordinate Statistical Service (SSS), the ministry of statistics and programme implementation. Else, get into avenues such as banking and statistical software development.
Postgraduates get placed in organisations like Accenture, GE Capital, Genpact, Cognizant, American Express, RBI, HDFC, HSBC, HP, Indian Market Research Bureau and others.
Aspirants should have read maths in class XII to be eligible for the UG programme Cut-off for a Bachelor with honours in statistics (2013): 94% to 97% MA/MSc: Entrance test on June 21, 2014