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M.Sc Statistics Syllabus, Subjects, Semester Wise, Year Wise, Core Subjects, Elective, Books

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Sounak Banerjee

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M.Sc Statistics also known as Master of science in Statistics is a 2 year postgraduate program. This course aims to provide the knowledge collection, organization and interpretation of data. Statistics basically build models or statistics populations in order of scientific, industrial or social problems. In order to pursue M.Sc Statistics candidates must have completed graduation in statistics, mathematics or economics. 

The M.Sc Statistics course consists of the core as well as elective subjects. This course contains theoretical and practical knowledge of statistics. This course syllabus covers topics such as distribution theory, measure theory, probability, matrix algebra, numerical analysis, computer programming, inference, linear models, regression analysis and sample analysis. 

See Also: Statistics Courses

M.Sc. Statistics Course Details

Tabulated below is the details of M.Sc Statistics with all the relevant information useful for the candidates, 

Degree Post Graduate
Full form Master of Science in Statistics
Duration 2 years
Age Candidate must be minimum 23 years
Minimum Eligibility Candidates must have completed an undergraduate degree in Statistics with a minimum of 50% or above from a recognized institute.
Average Fees INR 40,000 - 1,20,000 for the entire duration
Average Salary INR 5.50 L - 10.10 LPA
Employment Roles Data Scientist, Consultant, statistical trainer, Data Analyst, Risk Analyst, Statistician, Business analyst, Professor, mathematician
Employment Sectors Indian Statistical services, insurance sector, agricultural research, banks, demographic studies, planning commission, research, manufacturing sector
Top Recruiters Deloitte Consulting, TCS Innovations, Nielsen Company, Accenture, HP, RBI, HSBC, Genpact, American Express, Cognizant, BNP Paribas India, HDFC.

M.Sc. Statistics Syllabus

M.Sc statistics course is a 2 year postgraduate program divided into 4 semesters. The syllabus of this program focuses on covering various aspects of Statistics, organic spectroscopy, polymeric compounds, aromaticity and aromatic compounds and many more. It also deals with theoretical and practical subjects. Tabulated below is the syllabus of the M.Sc. Statistics are explained in detail. 

Semester I Semester II
Distribution Theory Inference I
Distribution Theory (Practical) Inference I (Practical)
Measure Theory and Probability Linear Models and Regression Analysis
Matrix Algebra and Numerical Analysis (Practical) Linear Models and Regression Analysis (Practical)
Computer Programming (Practical) Sample Surveys
Ancillary Mathematics Sample Surveys (Practical)
Semester III Semester IV
Inference II Multivariate Analysis
Design of Experiments Econometrics and Economic Statistics
Time Series Analysis Environmental Statistics
Inference II (Practical) -
Design of Experiments (Practical) -
Time Series Analysis (Practical) -

M.Sc. Statistics Subjects

MSc Statistics syllabus is divided into 4 semesters over 2 years. Students must have a look at the MSc Statistics Syllabus before choosing the course. 

BSc Statistics Masters in statistics

First Semester Subjects

  • Probability Theory-  This course provides the foundation of probability theory and statistical modeling of the outcomes based on real life experiments. Some of the topics include classes of sets, bayes theorem, random variable, probability mass function, convergence in probability etc. 
  • Sampling Techniques - The objective of the subject is to make the candidates understand the merits of sampling over census. Through this subject, candidates will learn about the basic concepts of population and sample. Some of the topics include Introduction to sampling, stratified sampling, ratio and regression methods etc
BSc Hons Statistics M Com Statistics

Second Semester Subjects

  • Regression Analysis - The aim of this subject is to develop the theoretical foundation of regression models and also help in understanding fundamental concepts of regression analysis. 
  • Statistical Inference - This subject provides knowledge of estimation theory to arrive at optimality and also provides knowledge of Newman Pearson theory and the closely related theory of point of estimation and confidence sets etc. 
BSc Biostatistics BSc CS Statistics

Third Semester Subjects

  • Statistical Inference III - The main purpose of this course is to provide detailed knowledge about the inferential procedure including Bayesian and non-parametric Inference, role of posterior distribution etc. 
  • Econometrics - The main purpose of this subject is to give knowledge about solid foundations in econometric techniques, various functions for economic analysis and future forecasting, understanding the basic concepts of econometrics.etc,

See Also: MSc Agricultural Statistics

Fourth Semester Subjects

  • Survival Analysis- The main objective of this subject is to provide the knowledge of statistics in handling survival data. This course deals with the concept of censoring and various life time distributions used to analyze such data
  • Decision Theory and Sequential Analysis - This subject includes detailed knowledge of the decision theory and sequential analysis, posterior decision, hypothesis analysis, bayesian and frequentist approaches. 

M.Sc. Statistics Entrance Exam Syllabus CUET

The exam of CUET will be conducted in two shifts. The exam is conducted by the National Testing Agency. Section 1A and 1B are the language tests consisting of 50 questions which have to be completed within 45 Mins. while the other two sections will comprise 50 and 75 questions respectively of which the allotted time will be 45 mins and 60 mins. 

Tabulated below is the syllabus of BSc Biochemistry section wise is mentioned for your better reference, 

Section 1A Section 1B
Assamese Kashmiri
Kannada French
Bengali Konkani
Malayalam Spanish
English Boda
Marathi German
Gujarat Dogri
Odia Nepali
Hindi Maithili
Tamil Persian
Telugu Mainpuri
Urdu Italian
- Santhali
- Arabic
- Tibetian
- Sindhi
- Japanese
- Russian
- Chinese
- sanskrit
Section II - Domain Specific Subjects Section III- General Aptitude
Sequence and series, convergence of sequences of real numbers, comparison, root and ratio General Knowledge & Current Affairs
Differential Calculus General Mental Ability
Integral Calculus Numerical Ability
Matrices Quantitative Reasoning including simple application of basic mathematical concepts such as arithmetic , algebra, geometry, mensuration, statistics
Differential Equations Logical and Analytical Reasoning
Statistics probability -
Random variables -
Standard distribution -
Sampling distribution -

IIT JAM M.Sc. Statistics syllabus

IIT JAM exam is conducted by IIT jamshedpur. Exam is conducted once a year. The duration of the exam is 3 hours. The exam is divided into 3 sections and the questions will be MCQ types. The total marks will be 100 marks. The detailed syllabus of the program is provided below for your reference, 

Topics Subjects
Linear Algebra
  • Elements of Set theory
  • Vector Space
  • Subspace and its properties
  • Linear independence and dependence of vectors
  • Matrices
  • Rank of matrix
  • Linear homogeneous and nonhomogeneous equations
  • Cayley- Hamilton Theorem
  • Characteristics roots and vectors
Calculus
  • Limits and continuity
  • Differentiability of functions
  • Successive differentiation
  • Partial differentiation
  • Quadrature
  • Rectification of curves
  • Volumes and surfaces of solids of revolution
Differential equation
  • Linear
  • Homogenous
  • Separable equations
  • First order higher degree equations
  • Algebraic properties of solutions
  • Solution of second order differential equation
Probability and sampling distributions
  • Notions of sample space and probability
  • Theorems on probability
  • Combinatorial probability
  • Bayes Theorem and its application
  • Transformation of univariate and bivariate normal

M.Sc. Statistics Teaching Methodology and Techniques

The M.Sc Statistics program is a combination of theoretical and practical syllabus and also includes the latest application. Candidates have to study core subjects as well as elective subjects, including lectures and practicals. The teaching methodologies are useful for the development of skills. Some of the important techniques adopted by institutes are mentioned below for your reference, 

  • Case-based learning
  • Collaborative learning
  • Classroom system
  • Demonstrations
  • Group discussions
  • Diagrams and Graphs
  • Interactive teaching
  • Lectures
  • Problem solving
  • Group assignments

M.Sc. Statistics Top Colleges

India is home to more than 200 M.Sc Statistics colleges. Around 48% of the colleges are private, 26% colleges are government colleges and the remaining colleges are private-deemed. Some of the top colleges include IIT Bombay, University of Delhi, vellore institute of technology, presidency college etc. Tabulated below are some of the top colleges in India and their annual fees, 

Name of the college Average course fees
Hindu College 18,510
Lady Shri Ram College for Women 24,120
Loyola College 11,340
Madras Christian College 17,220
The LNM Institute of Information Technology 50,200
Presidency College 34,580
Ramjas College 14,284
Sri Venkateswara College 13,791
Christ University 65,000
Mithibai College of Arts 40,000

M.Sc. Statistics Books

There are a number of books available in the market both online and offline of M.Sc Statistics by world renowned authors and publishers. These reference books help the candidates to understand the concept in-depth. These books can also be used for civil services preparations and also to conduct research. Given below are some of the top books for candidates pursuing M.Sc. Statistics course for your reference, 

Reference Books Authors
Introduction to probability & Statistics V.K. Rohtagi
The fundamental 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. Statistics Syllabus: FAQs

Ques. What is the M.Sc. Statistics course about?

Ans. M.Sc. Statistics is a 2-year postgraduate course that deals with the study of the collection, organization, analyzing and interpretation of statistical data. Statisticians basically build models to solve scientific, industrial or social problems.

Ques. What is the eligibility criteria for M.Sc. Statistics?

Ans. The eligibility criteria for M.Sc. Statistics is:

  • The candidates must have completed their graduation in B.Sc. in either Statistics or Mathematics from a recognized university. 
  • The candidate must have obtained a minimum aggregate of 50% or above or equivalent CGPA.
  • Where needed the candidate must give the entrance exam.

Ques. What is the admission process for M.Sc. Statistics ?

Ans. The admission process for M.Sc. Statistics are done based on the performance of the candidate in the qualifying exam. The candidate must score 50% aggregate in the qualifying exam to be eligible for admission to M.Sc. Statistics. Then a merit list will be released on the basis of which candidates can secure their admission. Some universities also require the candidate to give entrance exams so the candidate must score more than 40% on the entrance exams. 

Ques. What is the entrance examination for M.Sc. Statistics ?

Ans. Yes, there are universities that conduct entrance exams in order to select the candidates. Some of the top entrance exams are :

  • CSIR NET
  • BHU PET
  • JNU
  • ISI

Ques. What is the course fee for M.Sc. Statistics?

Ans. The application fee of the M.Sc. Statistics course vary from college to college. The minimum course fees in India is INR 40,000 while the maximum can go up to INR 1,20,000.

Ques. What is the average Salary of after completing a M.Sc. Statistics?

Ans. The entry level candidates can expect a salary between INR 4.70 L - 9.10 LPA. However, this is also dependent on a number of factors such as experience, skills, academic qualification etc. Candidates with more than 5 years of experience can expect a salary of INR 15 LPA. 

Ques. What Are the jobs after M.Sc. Statistics?

Ans. The jobs after M.Sc. Statistics include:

  • Data Analyst
  • Data Scientist
  • Statistician
  • Statistical Analyst

Ques. Name the top recruiters for M.Sc. Statistics?

Ans.  Some of the top recruiters for M.Sc. Statistics are:

  • Tata Consultancy Services
  • Genpact
  • Cerner Corporation
  • The Nielsen Company

Ques. What are the options I can pursue after the M.Sc. Statistics course?

Ans. Candidates after completing the M.Sc. Statistics course have the option of pursuing 

  • M.Phil. Statistics
  • Ph.D. Statistics 

Ques. Name the top colleges for M.Sc. Statistics course? 

Ans. The top colleges for pursuing M.Sc. Statistics course are:

  • University of Delhi
  • University of Hyderabad
  • Banaras Hindu University
  • Jamia Millia Islamia University

Master of Science [M.Sc] (Statistics) : 9 answered questions

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Ques. Which is better M.Sc. Statistics from Mumbai University or NMIMS?

● Top Answer By Tezal Dahiya on 03 Jul 23

Ans. NMIMS is a better option than Mumbai University for MSc Statistics because of these simple reasons NMIMS has much better infrastructure than Mumbai University and offers better facilities and campus life. Better recruiters visit NMIMS and the placement scenario is much better than Mumbai University.  The processors at NMIMS are very approachable and helpful in contrast to MU The teaching staff is better than Mumbai University and they are quite cooperative with students as compared to MU professors that despite being learned refuse to help students. NMIMS ensures proper attendance to classes while Mumbai Univeristy has a pathetic attendance scenario. The simple points above are enough to prove that NMIMS is better than Mumbai University for MSc Statistics.Read more
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Ques. How is the MSc Applied Statistics and Informatics course in IIT Bombay?

● Top Answer By Adwait Tejas on 17 Mar 23

Ans.  MSc Applied Statistics and Infometrics at IIT Bombay can be challenging for some students who did their B.Sc from Mumbai University, especially if they did not receive sufficient training in statistics. In comparison to Delhi University and Calcutta University, the Mumbai University curriculum is relatively deficient in statistical topics. Consequently, most of the students in the class come from DU and CU. While DU and CU students are often comfortable during the first quarter or half of the semester since they studied similar topics in their bachelor's programs, Mumbai University students may struggle to keep up. Despite the challenges, this course is in line with current analytics trends in the market. The course requires students to complete not only statistics courses but also intermediate-level computer science courses such as C, C++, Data Structures, and Applied Algorithms. Students also receive some exposure to statistical software, depending on which software the professor prefers: SaS or R.Read more
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Ques. Which companies came for placement at ISI Kolkata for an M.Stat?

● Top Answer By Paramita Mukherjee on 22 Aug 22

Ans. Microsoft, Goldman Sachs, Alphonso, JPMC, Walmart, Americal Express, Capital One, Mckinsey, Standard Chartered , etc. are the companies that come for placements at ISI Kolkata for M.Stat. Students are usually recruited as Data Scientists, Analysts, Associates in the field of Actuary, Data Science, Analytics, etc. According to the recent highlights of ISI Kolkata placements, the average CTC offered to M.Stat students is around INR 19 LPA. Read more
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Ques. Which one has got better placement and higher average packages ISI kolkata M.Stat or math and computing from any of the 5 old IITs?

● Top Answer By Sagnik Chakraborty on 16 Sept 21

Ans. I have friends studying in ISI Kolkata and old IITs. Based on my conversations with them, I will say there is no doubt that M.stat students from ISI have better chances of landing jobs with really lucrative salaries. You will be surprised by the fact that ISI is known for its 100% placement ratio for M.Stat. This is not the case you would be able to find in any IIT whether old or new. Even if you pursue a B.tech degree from IIT Bombay (an old and reputed IIT), the institute never succeeds in maintaining a cent-percent placement record. You can even cross-check the stats from IIT Bombay’s website. Students studying mathematics and computing students from IITs, most of them are more inclined toward research careers than jobs. M.Stat degree from ISI is unique in India. The course is highly reputed and the institute itself is far ahead of most Indian institutes in the field of stats, math, and economics. I have attached a video that will brief you on the ISI Placement scenario Overall, ISI stands as a premier institute for fields especially related to stats, math, and economics with a 100% placement ratio.Read more
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Ques. Which IIT is better for an MSc in statistics: Bombay or Kanpur?

● Top Answer By Admin on 28 Jun 24

Ans. IIT Kanpur’s MSc in statistics is very well recognized in India. The entire course is for 2 years. The MSc in Statistics at IIT Kanpur offers more traditional education on statistics which helps the students to enhance their theoretical knowledge. IIT Kanpur has highly qualified faculties for their MSc Statistics department which helps the students get excellent insights and offers great help in the research programs. The placement for this department is really good, with the highest-ever salary package being 27 LPA . The average salary package offered to the students is around 11.68 LPA . Top companies like Goldman Sachs, Walmart, Dunia Finance, Fuzzy Logics, Amazon, Citicorp, Jp MorganChase, Accenture, United Health Groups , and more participate in the placement drive and hire students.Read more
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Ques. How hard is it to get admission into Pondicherry University for an MSc in statistics?

● Top Answer By Rhea Vij on 29 Sept 21

Ans. Actually, it is quite the contrary. It is quite easy to convert to Pondicherry University even if you are a little serious about your studies.  The university conducts its own entrance test every year. You need to clear the test to get admission here. For the test, you need to be moderately prepared (depending on the level of the student) and practice the last 4-5 years of the question paper. The level is easy Most people aim for the IITs, IISc, and ISI Kolkata before joining this university if they do not get a chance there. You can get an idea of the level of the university. The course is good with excellent faculty and a good study environment, more freedom and no academic or social pressures. So it would be a wise decision to join here if you do not get the top colleges.Read more
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Ques. How's M.Sc in statistics in Bangalore University Is it good to do a PG in Bangalore University?

● Top Answer By Shalini Guha on 30 Nov 21

Ans. The Statistics department is one of the best at Bangalore University (BU). But if you are planning on doing your M.Sc. from BU, then it is advised that you opt for it in any other institution. As, BU is known to delay the publication of the results, which is one of the major complaints of the students. They also take no action to rectify their faults. Your complaints will tend to go unheard most of the time.Read more
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Ques. What are the eligibility criteria to pursue a master's in statistics at ISI, Kolkata?

● Top Answer By Raktim Sinha on 19 Jul 22

Ans. The eligibility for pursuing a master’s in Statistics at ISI Kolkata is graduation in a relevant field from a recognized university. You need to have scored at least 55% or the equivalent CGPA in graduation to be eligible for admission. The final admission is based on the entrance examination performance and interview. Read more
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Ques. How's the M.Sc. statistics at Bharathiar University?

● Top Answer By Harsha Jha, on 23 Nov 21

Ans. One of my friends studied at Bharathiar University (BU). According to him, if you can study on your own without the regular guidance of teachers, you can opt for BU. Here if you want to learn something, you have to do it for yourself, as the faculty members wont guide you step by step. BU has a huge library from which you can get the required study materials. So if you are someone who does not require a methodical guidance and can learn on your own, BU will be fine for you.Read more
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Master of Science [M.Sc] (Statistics) Colleges IN INDIA

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IIT Bombay - Indian Institute of Technology - [IITB]
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IIT Bombay - Indian Institute of Technology - [IITB]

Mumbai, Maharashtra
M.Sc(2 Yrs)10.0
₹ 78.6 K first year fees
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IIT Kanpur - Indian Institute of Technology - [IITK]
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IIT Kanpur - Indian Institute of Technology - [IITK]

Kanpur, Uttar Pradesh
M.Sc(2 Yrs)9.9
₹ 50.23 K first year fees
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Lady Shri Ram College for Women - [LSR]
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Lady Shri Ram College for Women - [LSR]

New Delhi, Delhi NCR
M.Sc(2 Yrs)9.7
₹ 44.83 K Total fees
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Lovely Professional University - [LPU]
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Lovely Professional University - [LPU]

Jalandhar, Punjab
AICTE
M.Sc(2 Yrs)9.5
₹ 1.6 L first year fees
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Chandigarh University - [CU]
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Chandigarh University - [CU]

Chandigarh, Chandigarh
M.Sc(2 Yrs)9.5
₹ 85.3 K first year fees
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Banaras Hindu University - [BHU]
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Banaras Hindu University - [BHU]

Varanasi, Uttar Pradesh
M.Sc(2 Yrs)9.5
₹ 5.86 K first year fees
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Panjab University - [PU]
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Panjab University - [PU]

Chandigarh, Chandigarh
M.Sc(2 Yrs)9.2
₹ 12 K first year fees
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Acharya Nagarjuna University - [ANU]
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Acharya Nagarjuna University - [ANU]

Guntur, Andhra Pradesh
M.Sc(2 Yrs)9.2
₹ 13.8 K first year fees
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