MSc Statistics

An MSc in Statistics is 2 year postgraduate degree in mathematics that focuses on the collection and interpretation of statistics. Potential fields for collecting statistical data include social sciences, finance, and econometrics. The degree necessitates a strong mathematical foundation, with equal emphasis on practical math such as algebra and more complex subjects such as multivariable calculus. The program also includes topics such as survey sampling and experiment implementation, as well as the design side of statistics.

Core Courses

  • Time Series Analysis
  • Statistical Methods
  • The Fundamentals of Mathematical Statistics
  • Introduction to Probability & Statistics
  • Sample Surveys
  • Linear Models and Regression Analysis
  • Computer Programming
  • Matrix Algebra and Numerical Analysis
  • Measure Theory and Probability
  • Distribution Theory

Eligibility Criteria

  • BSc Honors in Statistics or Mathematics or Mathematics with Computer Applications along with Statistics with a minimum of 60% marks from a recognized university.
  • Passing marks in entry test.

Scope

MSc in Statistics degree holders can choose from a number of job opportunities. Because there is a scarcity of qualified statisticians, particularly in the public sector, it is often easy to find rewarding work that allows you to choose your own projects. Graduates with a master’s degree in statistics may choose to specialize in the social sciences. They could work for a consulting firm in this field, analyzing people’s preferences and patterns. They may choose to work in finance if they don’t have any other options. Data metrics is a developing field that requires highly skilled statisticians. This is a type of marketing in which customers’ behaviors on a company’s website are tracked. MSc Statistics graduates find work in consultancies, where they analyze people’s preferences and habits. Other fields of employment include marketing, finance, and data metrics.

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Universities Offering MSc Statistics in Pakistan

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