The field of statistics is an important one. Knowledge about the subject of statistics comes in handy in numerous fields. Statisticians are required in a number of areas be it engineering, medical, environment, natural resources management, business, economics, banking, agricultural development, urban planning and so on. With more and more development the demand for statistics professionals too is rising. In recent times the field is coming useful in new age industries such as the software and the pharmaceutical industry. The program not only caters to the fresh university graduates but also to those working professionals who may seek to undergo it to enhance one's professional abilities and career progression.
Eligibility and course duration
A bachelor's degree in any of the streams, preferably mathematics, statistics or economics, from a recognized university with at least 50% marks in aggregate. A strong foundation in mathematics is highly desirable.
The regular courses are of 1-year duration. However, distant learning programs may stretch to 3 years.
More about the course
The diploma program in applied statistics is a useful one in learning the various tools in statistics. The learning outcomes go a long way in developing one's ability in collecting and analyzing data for a host of fields such as industrial, business and social. It is useful in gaining knowledge about the various statistical applications. It helps businesses in refining their approach towards consumers, cut costs and help increase their revenues. The program provides you with hands-on training on a specific area in statistics and equips you with the necessary skills, appropriate for the industry you desire to work. You get to learn of the applications of statistics in different industries and businesses, for example medical statistics.
The topics that are mostly covered in these courses are: basic mathematics, statistical analysis, probability, numerical methods, optimization, regression, time series and so on.
Scope and opportunity
The field of statistics has scope in many government departments and in industries, where the services of a statistician is desired. Since the applications of statistics is found even in the IT sector, many multinational as well as Indian IT companies employ statisticians as part of their work force. Many of the institutes have placement facilities that help companies directly recruit from the campus itself. There will be scope for work in a variety of businesses and even research. There will be opportunities to undergo other post graduation courses in a related field.
Post Graduate Diploma in Statistics Admissions for 2021 - 2022 Academic Year
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