M.Phil in Statistics

OSMANIA UNIVERSITY - [OU], HYDERABAD

Quick info
Modes

Full Time

Duration

1 Year

Medium

English

Stream

Science

Overview

M.Phil. Statistics or Master of Philosophy in Statistics is a postgraduate Statistics course. Statistics is a branch of mathematics that deals with the collection, analysis, interpretation, and presentation of masses of numerical data. Statisticians collect, verify and interpret data and use the same to solve problems in a wide variety of fields. The services of a statistician are required in every field right from government offices to international sporting events. The M.Phil. involves a combination of course work and research training and is designed to extend the competence of candidates in their chosen discipline. The course offers a wide range of subjects and will provide the quantitative skills and expertise required to carry out various types of econometric and statistical analyses. Students acquire the skills necessary to undertake applied and or theoretical projects and the ability to communicate the results of their work to wider audiences. The normal period of candidature is 18 months full-time equivalent (or 72 credit points). The minimum and maximum period of candidature is 12 and 24 months full-time equivalent respectively. Masters candidates may be able to upgrade to doctoral candidature after 12 months, provided that satisfactory progress has been made and certain preconditions are met.

·         The course is beneficial as applicants find jobs in local and central government, industry, commerce, the NHS, education authorities, further and higher education, and charitable, counselling and voluntary organisations. 

·         They have also opportunities in the civil service and graduate management training schemes. Sociology graduates work with a varied and diverse client group. 

·         Teaching is an important and evergreen area with them; there they can become teacher, lecturer at school and college level respectively.

Eligibility

Students should have passed a Master's Degree in the respective subject with a minimum of Second Class securing at least 55% of the aggregate marks or in an examination recognised as equivalent thereto for all the subjects.

Admission Process

Master’s degree in the concerned subject with a minimum of 55% marks is the basic qualification required. Such candidates must have qualified 10 + 2 and graduation with at least 50% marks.

Those having a minimum aggregate of 55% marks in masters as well as bachelor’s degree are also eligible.

Admission Process

Admission to the course is done on the basis of an entrance test. Written exam comprises of objective model questions of 100 numbers. Time allotted for answering this single paper test is 2 hours. Syllabus for the exam is based on master’s degree in the concerned subject.

Exams are:

·         CCS University entrance exam

·         University of Delhi Entrance exam

Most of the colleges arrange entrance test and interview for admission in M.Phil in Statistics. Yet few colleges like Kurukshetra University and IGNOU provide direct admission for acquiring distance-learning.

Major Job positions

Statisticians

A statistician is responsible for the collection, evaluation, interpretation and presentation of quantitative data

Business Analyst

A business analyst is responsible to develop the solutions that can solve business problems technically and it also analyse the requirements and documentation for advancing sales efforts.

 

Mathematician

Mathematician is a professional who is responsible for using formulas and models to prove and disapprove the theories. They use techniques for solving business problems and engineering etc.

 

Risk Analyst

Risk analyst has the major responsibility to know or estimate the risks financially involved in the investments and operations in an organisation. They usually work for banks and financial institutions.

 

Data Analyst

Data analysts is a professional who has responsibilities like collecting data for market research, logistics, and transportations to use that data in order to take decisions.

 

Content Analyst

Content analyst is responsible for analysing the accuracy with in the content like facts and grammar.

 

Statistic Trainer

Instructors are responsible for leveraging their expertise to deliver education services to students through: Preparing course plans and materials, Delivering courses, Monitoring progress/attendance, Advising students, Recording grades and submitting reports

 

Consultant

Consultants are those who provide training and advice and support to the group.

 

Job Opportunities
Job profile Job description Average salary
Statistician Statisticians lead a team of Statistical and Data Analysts in delivering Analytics requirements of the client. Statisticians lead a team of Statistical and Data Analysts in delivering Analytics requirements of the client. 3,00,000 in 0-2 Years
Business Analyst Business Analysts prepare specialized solutions for business issues, for the purpose of propelling an organization's business endeavors, starting with identifying, breaking down, and required action plans. Business Analysts prepare specialized solutions for business issues, for the purpose of propelling an organization's business endeavors, starting with identifying, breaking down, and required action plans. 5,84,753 in 0-2 Years
Mathematician Mathematician is a professional who is responsible for using formulas and models to prove and disapprove the theories. They use techniques for solving business problems and engineering etc. Mathematician is a professional who is responsible for using formulas and models to prove and disapprove the theories. They use techniques for solving business problems and engineering etc. 9,00,000 in 0-2 Years
Risk Analyst Risk analyst has the major responsibility to know or estimate the risks financially involved in the investments and operations in an organisation. They usually work for banks and financial institutions. Risk analyst has the major responsibility to know or estimate the risks financially involved in the investments and operations in an organisation. They usually work for banks and financial institutions. 5,00,000 in 0-2 Years
Content Analyst Content analyst is responsible for analysing the accuracy within the content like facts and grammar. Content analyst is responsible for analysing the accuracy within the content like facts and grammar. 3,00,000 in 0-2 Years
Consultant Consultants are those who provide training and advice and support to the group. Consultants are those who provide training and advice and support to the group. 8,00,000 in 0-2 Years

* Average salary are subjective to change based on various factors


Colleges offering M.Phil in Statistics

Loyola College

About UsLoyola College, a Catholic Minority Institution, was founded by the Society of Jesus (Jesuits) in 1925, with the primary objective of providing University Education in a Christian atmosphere for deserving students irrespective of caste and creed. It started... View More

Shrimathi Devkunvar Nanalal Bhatt Vaishnav College For Women

OverviewShrimathi Devkunvar Nanalal Bhatt Vaishnav College for Women was started in 1968 with the generous donation of 10 acres of land by our Late Founder Chairman Shri Nanalal Bhatt and 6 lakhs donated by Cork Industries Charities Trust. The College is named after the Late... View More
FAQs
Basically you would want to choose a course that will lead you to fulfill your ambition and build your future career. you will always want to take courses which will future-proof your existing skillsets to better equip you to excel in your workplace and move your career path to succeed well in life.
The medium of M.Phil in Statistics course is English
Duration of the M.Phil in Statistics course is 1 Year

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