M.Com Statistics

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Master of Commerce in Statistics

Duration

2 Years

Level

Post Graduation

Type

Degree

Eligibility

Graduation

M.Com (Statistics) or Master of Commerce in Statistics is a Post-Graduate Statistics course. Statistics is the discipline that applies mathematical and statistical methods to assess risk in the insurance and finance industries. 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 Post-Graduate Master of Commerce degree study in Statistics includes topics such as analysis, probability theory, statistical methods, database management systems, etc. The Master of Commerce course in Statistics is very important and career originating in the field of economics and adjacent to it after its successful completion.

M.Com (Statistics) Eligibility    

  • Aspiring candidates should have passed a Bachelor of Commerce with a minimum of 45% marks in aggregate from a recognized university board.
  • Some of the very reputed universities and institutes conduct entrance examinations for admission.

M.Com (Statistics) Syllabus

Syllabus of Statistics as prescribed by various Universities and Colleges.

M.Com (Statistics) Semester-I 

Sr. No.

Subjects of Study

1

Advanced Statistics - I

2

Non- Parametric Tests

3

Time Series Analysis

4

Testing of Hypothesis

5

Univariate Distributions

M.Com (Statistics) Semester-II

1

Advanced Statistics-II

2

Econometrics Methods

3

Index Numbers

4

Indian Official Statistics

5

Statistical Inference

M.Com (Statistics) Semester-III

1

Advanced Statistics - III

M.Com (Statistics) Semester-IV

1

Advanced Statistics - IV

 

M.Com (Statistics) College

M.Com (Statistics) Course Suitability

  • They should be able to do the collecting, processing, and analyzing data; designing surveys and sampling, and other computer skills. 
  • Applicants should have complex problem-solving skills such as identifying complex problems and reviewing related information to develop and evaluate options and implement solutions. 
  • They should have skills pertaining to judgment and decision making like considering the relative costs and benefits of potential actions to choose the most appropriate one. 
  • Students should be good time managers such as managing their own time and the time of others.

How is the M.Com (Statistics) Course Beneficial?

  • On successful completion of a Master’s degree in Statistics, a student can apply for the UGC-NET or JRF exam; the success in these exams makes teaching or research a good option. 
  • 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. 
  • The course is beneficial to impart essential knowledge in probability, statistics, and actuarial science and train the students to be employable in various organizations specializing in insurance and finance. 
  • It helps to enable the students to be well prepared for taking up the NET Examination in Mathematical Sciences with a specialization in Statistics. 

M.Com (Statistics) Employment Areas

  • Banking Sector
  • Commerce Hubs
  • Educational Institutes
  • FMCG Companies
  • Government Departments
  • Stock Exchanges

M.Com (Statistics) Job Types

  • Assistant Professor
  • Biostatistician
  • Data Analyst
  • Data Interpreter
  • Enumerator
  • Econometrician
  • Research Analyst
  • Research Scholar
  • Statistician
  • Teacher & Lecturer

Advanced Courses in M.Com (Statistics)

After completing Certificate in Statistical Methods and Applications you can become :