Bachelor Of Commerce (B.Com.) Statistics

Bachelor Of Commerce (B.Com.) Statistics

A student who is interested in studying statistics will find that this subject can help them in their future career. Students pursuing this degree will be best suited for entry-level jobs in the financial sector. For a better placement, students must focus on academic scores. For admission in this course, a minimum percentage in 10+2 exams is required. Also, they must pay minimum and maximum fees. 

Students who have completed their Bachelor of Commerce (B.Com.) Statistics will have a wide variety of employment opportunities after graduation. Statistics professionals are in demand wherever there is information. Just about every organization needs well-formulated data. Graduates of this program are eligible for the Indian Statistical Services exam, the Indian Economic Services exam, and the Civil Services exam. 

The B.Com. in Statistics course typically takes three years to complete. Students will learn data collection, data analysis, and presentation. In addition to general statistics, students will learn about various fields, including actuarial science, biostatistics, Applied Information Economics, Business Statistics, Demography, Energy Statistics, Psychological Statistics, and Social Statistics. 

The course also covers statistics and probability theory. It's also beneficial for people who want to learn statistics for a career in government or business.

Benefits of B.Com. in Statistics

Students who pursue a B.Com in Statistics can have many benefits. Not only do they have a high demand for job prospects, but they are also equipped with the right education and skills to succeed in the industry. Several reputed universities require students to have studied one of the following subjects at a 10+2 level. 

A Bachelor's degree in Statistics opens doors for many career paths. This degree will provide a solid foundation for further studies in statistics, including M.A. and Ph.D. degrees. Graduates of the program will be qualified to teach statistics at any university. Many employers look for statistics professionals.

With this degree, a person can be an invaluable asset to a company. In addition to preparing employees for their jobs, a B.Com degree in Statistics can help students secure government jobs.

Because of its broad scope, a B.Com in Statistics degree entitles its graduates to work in a variety of fields, including finance. These graduates will have a competitive advantage because they have the necessary knowledge and skills to work in any financial sector.

In addition to accounting and finance, graduates with B.Com degrees will also be CIMA-certified. Those who are working in the financial sector will be better suited for entry-level jobs in the field.

Eligibility for B.Com. in Statistics

The candidates must have passed 10+2 in the commerce stream from a recognized board.

They must have a minimum aggregate of 55% to be eligible for the program.

Future Scope of B.Com. in Statistics

As the name suggests B.Com. in Statistics course is a degree in business administration. The course content includes business statistics, probability theory, and actuarial science. It is particularly important in the financial area, but anyone with a sufficient interest in statistics can take up the course.

Career options in statistics are endless. Graduates can choose from careers in banking, insurance, and public health. They can also work in other sectors including finance, analytics, and software development. Statistics graduates can also apply their mathematical skills to solve various social issues. 

The career options are nearly limitless and include everything from writing reports to completing research projects. And the best part is that Bachelor of Commerce (B.Com.) Statistics degree graduates are highly qualified for these jobs.

Those pursuing this course can get a number of jobs, including managerial roles. The future scope of B.Com in Statistics is bright, so students should pursue it with passion and dedication. The subject is highly practical and the chances of landing a job are extremely high once they complete the course.

Moreover, those who love mathematics will find it exciting because this course involves the analysis of numerical data. This makes it a desirable choice for students with a passion for the subject.

Career Opportunities and Job Prospects of B.Com. in Statistics

The Department of Statistics is committed to helping its students find jobs and career paths that suit their goals. These efforts are supported by various tools such as biannual career forums and professional development opportunities. Here are some examples of the job prospects for statistics graduates. 

The job outlook for statisticians is promising. The field is growing, and more jobs will be created in the future. The average salary for statisticians will be between Rs 2.5 and 3.5 lacs per year, with some even earning more than Rs 4.5 lakhs a year. Furthermore, the number of jobs for statisticians will rise by over ten percent in the next decade, which is far above the average growth rate of other professions.

One of the most popular career options for graduates with a B.Com. in Statistics is in the financial industry. The commercial banking sector needs more professionals in order to become competitive and efficient. Careers in this field include cashiers, accountants, probationary officers, clerks, reporters, compliance executives, and relationship managers.

Course duration and fee details of B.Com. in Statistics

The B.com in Statistics is a three-year degree program.

The average fees for the completion of the program are 1 lakh or it may vary from college to college.