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Aurora's Business School - ABS M.Sc. Admission 2025 Online Application Process, Fees, Eligibility, Dates
Top M.Sc. Colleges in Hyderabad 2025: Aurora's Business School - ABS Complete Guide (Last Date, Cutoff, Placements, Ranking, Process, Criteria, Syllabus)
A postgraduate degree program is the M.Sc Mathematical Statistics . The study of gathering, organizing, and interpreting data is what it is. Naturally, it tackles every facet, including organizing data collecting through survey and experiment design.
Entrance exams administered by the Aurora's Business School - ABS are the primary means of admission to the M.Sc Mathematical Statistics program. But some universities also admit students on the basis of merit. The goal of this course is to prepare you to tackle practical statistical issues. Computational statistics, statistical machine learning, and the fundamentals of statistical inference are among the topics covered in the M.Sc Mathematical Statistics curriculum.
M.Sc Mathematical Statistics get employment in consultancies where they must analyze people's inclinations and preferences. Other such fields of work include data metrics, marketing, and finance. Successful MSc Statistics postgraduates in India often earn between INR 3,00,000 and INR 7,00,000 per year.
M.Sc Mathematical Statistics Highlights
Course Name | Master of Science in Mathematical Statistics |
Duration | 2 Years |
Admission mode | Merti and entrance based |
Eligibility | Graduation |
Official website |
Why Pursue an M.Sc Mathematical Statistics ?
An M.Sc Mathematical Statistics can assist a candidate monitor and control price increases and fluctuations and equip them with the knowledge and abilities to work directly with the government.
With this degree, a career in teaching, especially one involving numbers, becomes very possible.
- Candidates who successfully complete this course should be able to select the best statistical approach to address a particular data analysis problem, carry out the analysis on a computer, and present the findings in an understandable and concise manner.
- Candidates with an M.Sc Mathematical Statistics can work in government offices, data centers, and a variety of financial institutions.
- Candidates with an M.Sc Mathematical Statistics can work in government offices, data centers, and a variety of financial institutions.
Candidates with an M.Sc Mathematical Statistics receive a good wage. The starting compensation varies based on the candidates' skills and ranges from INR 3,00,000 to INR 7,00,000.
What is the M.Sc Mathematical Statistics Admissions Process?
The following actions can be taken by students who want to apply for the M.Sc Mathematical Statistics 2024 program:
Step 1: Determine Your Eligibility
Before applying to the school or taking the entrance exam, students need to review the requirements. Candidates must, for example, hold a bachelor's degree from an accredited university in mathematics, statistics, or a similar discipline.
Step 2: Select an Admission Exam
Prior to applying, students should confirm if the institution of their choice uses entrance examinations or a merit-based admissions process. Top universities, for example, prefer to admit students through tests like CUET and IIT-JAM.
Step 3: The Application Process and the Merit List
In order to admit students, the institution or the entrance exam authorities will then hold a counseling round. After that, a merit list will be created, and in order to be admitted, students must finish the remaining paperwork and verification procedures.
What are the requirements for admission to the M.Sc Mathematical Statistics ?
Colleges have different requirements for admission to MSc programs in statistics. In order to admit students, entrance tests are administered at a number of colleges and universities.
- completion of a comparable degree from an accredited institution or earning a Bachelor of Science with Honors in Statistics,
- Mathematics, or Mathematics with Computer Applications with Statistics as one of the papers.
- Admission to this program requires a minimum cumulative score of 60% at the graduation level.
Which subjects are covered in the syllabus for the M.Sc Mathematical Statistics
The MSc in Statistics curriculum is nearly the same across all universities. The table that follows lists frequent topics that are covered in the organized M.Sc Mathematical Statistics curriculum:
1st Semester
Distribution Theory
Distribution Theory (Practical)
Measure Theory and Probability
Matrix Algebra and Numerical Analysis (Practical)
Computer Programming (Practical)
Ancillary Mathematics
2nd Semester
Inference I
Inference I (Practical)
Linear Models and Regression Analysis
Linear Models and Regression Analysis (Practical)
Sample Surveys
Sample Surveys (Practical)
Which Career Paths Are Open to Candidates with an M.Sc Mathematical Statistics ?
- Data is crucial in today's digitalized world, and statistics is the key to using data to learn and avoiding frequent issues that could cause you to draw the wrong conclusions.
- Work assignments in statistics are offered by both public and private organizations.
- Through work placements and internships in industries including market research, financial services, operational research, banking, etc., candidates can further hone their statistical skills.
- Jobs in Indian Statistical Services, Insurance, Agricultural Research, Banks, Demographic Studies, Indian Economic Services, Statistical &
- Economic Bureaus, Planning Commission, Civil Services, and Research are available to those interested in pursuing a career in statistics.
FAQs
Que How long does the M.Sc Mathematical Statistics program last?
For regular courses, the M.Sc Mathematical Statistics program lasts two years, or four semesters. The length of distance learning courses, however, can vary, and a student can finish their degree in about five years.
Que What is the pay after completing an M.Sc Mathematical Statistics ?
Yes. Starting salaries typically fall between INR 3 LPA and INR 7 LPA. However, depending on experience and skill, this pay may change.
Que Which career profiles are open to graduates with an M.Sc Mathematical Statistics ?
Answer: MSc statistics students can pursue careers as a statistician, arithmetic, investment analyst, cost estimator, online tutor, service estimator, assistant professor, statistical investigator, and subject matter expert, among other occupations.
Que What is the average cost of the M.Sc Mathematical Statistics program per year?
Yes. For two years, the average annual cost at the best M.Sc Mathematical Statistics schools is from INR 5,000 to INR 65,000. Students should also be aware that private colleges typically charge higher tuition than public or government universities.
Que Which fields of work are available to those with an M.Sc Mathematical Statistics ?
Yes. Students can pursue a variety of careers after earning this degree, including those in the manufacturing sector, research centers, pharmaceutical companies, educational institutions, public sector, banking sector, market research companies, insurance companies, and scientific research organizations.