B.Com. Statistics or Bachelor of Commerce in Statistics is an undergraduate Statistics course. Statistics covers study of the science of collection, organization, analysis, interpretation and presentation of numerical as well as categorical data. The B.Com. (Statistics) degree course mainly covers the study of some of its specialized fields such as Actuarial Science, Applied Information Economics, Biostatistics, Business Statistics, Data Analysis, Demography, Econometrics, Energy Statistics, Engineering Statistics, Psychological Statistics, Social Statistics, etc. The graduate degree study includes topics such as Analysis, Probability Theory, Statistical Methods, Database Management Systems, etc. the degree course is an important in economic fields.
B.Com. Statistics Eligibility
The basic eligibility criterion for pursuing B.Com (Statistics) degree is qualifying 10+2 or equivalent examination in any stream from a recognized board of the country.
Students must have studied and passed in any one of the subjects viz, Accountancy, Business Studies, Economics or Mathematics at intermediate level. Some of the reputed universities and institutes demand a minimum of 50% marks in the above subjects at 10+2 level.
B.Com. Statistics Syllabus
The following are study related subjects:-
Subjects of Study
Analysis of Count Data
Analysis of Variance and Basic Experimental Designs
Business Ethics & Corporate Governance
Computer Oriented Statistical Methods
Continuous Random Variable and Continuous Probability Distributions
Corporate Law's & Law Governing Capital Markets
Customer Relationship Management
Descriptive and Inferential Statistics
Different types of Means
Discrete Random Variable and Discrete Probability Distributions
Applicants should have good reasoning ability, persistence and the ability to apply principles to new types of problems.
They should have a mathematical aptitude and be able to reason logically.
Students need to be flexible and have a curious and disciplined mind. It is very important to have a good background in computers as they have to use computers a lot.
Those who are interested in making a career in this field should have good verbal and writing skills.
They should also possess intellectual creativity, patience & persistence, attention to detail, problem-solving skills, logic, and ability to take decisions independently.
How is B.Com. Statistics Course Beneficial?
After successful completion of B.Com. (Statistics) degree course, one can either carry on further studies i.e. M.Com., MBA, etc or can look for a career in banking, insurance, finance, auditing, or accountancy, in both the government as well as private sector.
B.Com. (Statistics) degree holders are best suited for entry level jobs in banking, insurance or other financial sectors.
B.Com. (Statistics) degree serves as a basis for further higher studies in this field such as M.A., Ph.D. and M.Phil. degree in Statistics, the successful completion of which makes one eligible for the post of a lecturer in any university / college.
B.Com. (Statistics) degree holders have tremendous job opportunities as when there is data involved, statisticians are needed, and well-formulated and organized data is required by almost every organization.
B.Com. (Statistics) degree makes a student eligible to appear for the Indian Statistical Services, Indian Economic Services as well as Indian Civil Services exams.
B.Com. Statistics Employment Areas
Agricultural Research & Banks
Businesses & Commerce
Data Survey Agencies
Economics & Education
Indian Civil Services
Indian Council of Medical Research (ICMR)
Indian Economic Services
Indian Statistical Services
Institute of Applied Manpower Research (IAMR)
Public-Sector Undertakings (PSUs)
Statistical and Economic Bureaus
National Council of Applied Economic Research (NCAER)