Are you interested to know more about the career opportunities available after B.Sc Statistics?
Are you looking for the job roles available after B.Sc Statistics?
Read this article till the end to know more!
What is B.Sc Statistics?
The B.Sc Statistics is the branch of study where the students will be trained to perform various analytical and mathematical tasks like analysis, collection, presentation and organization of the numerical data. The B.Sc statistics students are also trained to interpret the aggregates of data that is too large and is difficult to understand by ordinary observation.
The main aim of the B.Sc Statistics students is to collect, study, analyse, interpret and use it to solve the industrial, social and scientific problems. The statistics find its application in almost all the fields like life sciences, economics, data science, risk management and marketing management.
The statistics subject is often bundled with relevant subjects like mathematics, computer science and the B.Sc Statistics students will be learning these subjects simultaneously to analyse the data and provide accurate information.
Typical Employers for B.Sc Statistics students
The main employers for the statisticians are in the organisations of the sectors that are related to economics and finance. Some of the employment areas for B.Sc Statistics students are:
- Banking & Finance
- Financial Institutions
- Insurance and Accountancy
- Market Research Organisations
- Pharmaceutical Industries
- Transport Companies
- Stock Exchanges
Key Skills required for B.Sc Statistics students
A degree in statistics equips students with strong data analysis and manipulation skills. The B.Sc Statistics students have the opportunity to complete the data collection and numerical presentations, undertake project work and give presentations. Some of the key skills required are:
- The students should have analytical research skills
- The students should be capable to interpret the information by generating the reports based on the data collected
- The students should be capable to identify the work patterns
- The students should have excellent problem-solving and logical thinking skills
- The students should be able to understand the abstract mathematical concepts