Statistician

Statistical Excellence for the Modern World: Your Comprehensive Career Guide

About

A Statistician is a professional who applies statistical methods as well as models to real-world problems. Moreover, they collect, analyze and interpret data to help businesses make better decisions. They can work in both the public as well as private sector. They also collaborate with other employees to ensure that the data is being collected properly.

Furthermore, they collect both automated as well as manual data and on its basis they work to identify trends in the data sets. On the basis of these sets the companies tailor their operations. One must have problem solving as well as analytical skills in order to flourish in this industry.

Eligibility

For Bachelor’s

  • Aspirants need to pass 10+2 with at least 50% marks in Science or Commerce stream with Statistician as the main subject from any recognised board.
  • Students can opt for a Bachelor's degree in Statistician or any other related field.

 For Masters

  • To gain job market knowledge, one can opt for a Master's degree in Finance, Analytics, Statistician or any other related field. 

Job Roles

The field of Statistician aims to provide in-depth knowledge and enhance the skills of the students. To do such a task, this field presents innumerable job profiles:  

  • Biostatistician
  • Data Modeller
  • Data Analyst
  • Principal Statistician
  • Bio Statistician
  • Associate Data Analyst
  • Senior Data Analyst
  • Lead Statistician

Top Recruiters

There are many recruiters from leading companies who enlist potential students in the Statistician field. Following are some Recruiters from where students can find an employment opportunity in India: 

  • Amazon
  • Flipkart
  • Hotstar
  • Apple
  • Capital One
  • Capco
  • Paytm
  • Vimeo
  • Zynga
  • Michelin
  • Winning Edge

Salary

The salary range may vary from company to company, but the salary of a Statistician is very impressive in India.

 

Level of Salary

Salary Package per Year

Starting Salary

Approx ₹2,30,000

Mid Level Salary

Approx ₹4,10,000 

Senior Level Salary

Approx ₹8,60,000 

Skills

  • Interpersonal Skills
  • Problem Solving Skills
  • Analytical Thinking
  • Mathematical Knowledge
  • Tech Savvy
  • Teamwork
  • Collaborative Skills

Scope

Statisticians are responsible for collecting, analyzing as well as displaying the data to companies for them to make an informed decision about various operations in the company. Moreover, there has been a spike in the demand for Statisticians amongst businesses because of the need of data generation as well as collection. 

Furthermore, they can work in various industries like health, medicine, government, business and many more. As the businesses are growing the value of Statisticians in the industry is increasing alongside. Needless to say, this career field is growing and is in demand so this is the right time to join it as according to a survey it is expected to grow even further by 30%. 

Benefits

  • Great Salary
  • Quiet Work Environment
  • Multiple Job Opportunities
  • Less Stressful
  • Can Work Remotely
  • Good Work-Life Balance

Drawbacks

  • Static Schedule
  • Requires Independent Work
  • Involves Mathematics
  • Advanced Education Needed