M.Sc. Mathematical Statistics: The Master of Science in Mathematical Statistics is a comprehensive program designed for individuals who are passionate about the theoretical foundations and practical applications of statistics. This program dives deeply into advanced statistical methods, probability theory, and the mathematical underpinnings of data analysis. Students will gain expertise in designing experiments, modeling complex data sets, and making informed decisions based on statistical inference. With a strong emphasis on both theory and application, graduates are well-equipped to tackle challenges in academia, research, and various industries, including finance, healthcare, and technology. The M.Sc. Mathematical Statistics prepares students to contribute significantly to the field of statistics and to drive innovations through sophisticated quantitative analysis.
M.Sc. Mathematical Statistics Overview | |
Course Level | Postgraduate |
Degree Name | Masters of Science in Statistics (M.Sc.) |
Course Duration | 2 years |
M.Sc. Mathematical Statistics Entrance Exams |
|
Eligibility Criteria | BSc degree in Statistics or Mathematics or any equivalent degree in Statistics with Computer Applications |
Average Fees | Rs.5,000 to Rs.65,000 |
M.Sc Mathematical Statistics Admission Criteria | Entrance-based or merit-based |
M.Sc. Mathematical Statistics Specialization | Statistical Inference, Data Science, Econometrics, Survey Statistics, Statistics in Life Sciences. |
M.Sc. Mathematical Statistics Semester 1 | |
Ancillary Mathematics | Measure Theory and Probability |
Distribution Theory | Matrix Algebra and Numerical Analysis (Practical) |
M.Sc. Mathematical Statistics Semester 2 | |
Inference 1 (Theory and Practical) | Sample Surveys (Theory and Practical) |
Linear Models and Regression Analysis (Practical) | - |
M.Sc. Mathematical Statistics Semester 3 | |
Inference 2 (Theory and Practical) | Design of Experiments ( Theory and Practical) |
Time Series Analysis (Theory and Practical) | - |
M.Sc. Mathematical Statistics Semester 4 |
|
Multivariate Analysis | Econometrics and Economics Statistics |
Environmental Studies | - |
M.Sc. Mathematical Statistics Important Books | |
Name of the Book | Author |
Introduction to Probability & Statistics | V K Rohatgi |
The Fundamentals of Mathematical Statistics | S C Gupta and V K Kapoor |
An Introduction to the Theory of Statistics | Mood and Graybill |
An Introduction to Mathematical Statistics | Hogg and Craig |
Statistical Methods | N G Das |
M.Sc. Mathematical Statistics VS M.Sc. Mathematics | ||
Parameters | M.Sc. Mathematical Statistics | M.Sc. Mathematics |
Full-Form | Master of Science in Statistics | Master of Science in Mathematics |
Duration | 2 years | 2 years |
Eligibility | BSc Honors in Statistics or Mathematics or Mathematics with Computer Applications along with Statistics with a minimum of 60% marks from a recognized university | Graduation in a relevant discipline with a minimum of 50% marks from a recognized university |
Admission Procedure | Entrance Exam / Merit-based | Entrance Exam / Merit-based |
Exam Type | Semester-based | Semester-based |
Average Fees | INR 5,000 - 65,000 | INR 10,000 - 1,00,000 |
Average Salary | INR 3,00,000 - INR 7,00,000 | INR 6,00,000 - INR 9,00,000 |
Areas of Employment | Manufacturing Sector, Research Centers, Pharmaceutical Companies, Educational Institutes, Public Sector, Market Research Companies, Insurance Companies | Commercial and Industrial Companies, Financial Organizations, Marketing Companies, HR Departments, Govt. Social Services, Defense Forces, Colleges & Universities |
M.Sc. Mathematical Statistics Colleges Through IIT JAM | |||
College Name | Fees | Average Salary | No. of Seats |
IIT (Indian Institute of Technology), Bombay | ₹2,29,000 | ₹21,82,000 | 48 |
IIT (Indian Institute of Technology), Kanpur | ₹93,390 | ₹16,86,000 | 62 |
IIT (Indian Institute of Technology), Kharagpur | ₹12,000 | ₹14,23,000 | 48 |
IISER (Indian Institute of Science Education and Research), Pune | ₹1,75,000 | ₹12,00,000 | 38 |
M.Sc. Mathematical Statistics Colleges Through CUET | |||
College Name | Fees | Average Salary | No. of Seats |
University of Delhi (DU) | ₹2,29,000 | ₹15,50,000 | 76 |
Banaras Hindu University (BHU) | ₹29,928 | ₹23,13,000 | 62 |
Aligarh Muslim University (AMU) | ₹1,30,000 | ₹8,47,000 | 30 |
Jawaharlal Nehru Univeristy (JNU) | ₹1,570 | ₹7,80,000 | 30 |