Statistics Definition, Jobs, Career, Scope, Applications & Branches

Introduction to Statistics Jobs, Career, Topics, Degrees, Areas of Specialization, Scope, Required Skills, Applications & Branches 

What is Statistics?
Statistics is the science that deals with the collection, classification, presentation, analysis, organisation and interpretation of numerical facts or data. In fact its a branch of applied mathematics. Its a field for those students who have interest in mathematics. You may find a job in numerous areas on the basis of Master degree in Statistics as statistical techniques are used in many fields for different purposes, for example statistical techniques are used in the fields of economics, materials studies, medicine, mathematics, psychology, and sociology.

Jobs, Career & Scope
Employment Areas 
Banks
Business houses
NGO
Survey companies
Research institutes
Journals of Statistics
Public statistical department
Data collecting companies
NADRA
Taxation firms
Accounts departments of different organization
Stock exchange
Forex companies
Educational Institutes
Websites
Media
Industries
Commerce
Investment companies
Audit firms
Consultancies
Industries
Trading firms
Financial Institutes

Statistics Definition, Jobs, Career, Scope, Applications & Branches

Statistics Definition, Jobs, Career, Scope, Applications & Branches

Job Types
Banker
Data Collector
Researcher
Educationist
Consultant
Economist
Writer
Accountant
Surveyor
Trainee Auditor
Reporter & sub editor
Statistical analyst

Branches, Topics and Areas of Specialization 
Astrostatistics
Business statistics
Computational statistics
Social statistics
Statistical Mechanics
Actuarial science
Applied information economics
Biostatistics
Statistical classification
Structured data analysis
Data mining
Image processing
Medical Statistics
Psychological statistics
Computational biology
Computational sociology
Network biology
Social research
Reliability engineering
Structural equation modelling
Survey methodology
Survival analysis
Geography
Epidemiology
Multivariate statistics
Engineering statistics
Chemometrics
Demography
Energy statistics
Econometrics

Degrees
B.Sc
BSc (Hons)
BS
MS
M.Phil
PhD
B.Com/M.Com/CA/CMA/MBA

Required Skills
Analytical mindset
Interest in Mathematics, accounting and Economics
Adaptation ability
Lover for research
Good Communication skills
Logical mind
Teaching ability
Problem solving quality

Applications of Statistics
Statistical techniques are used for research and data collection in following areas.
Actuarial Science
Market Research
Economics
Banking
Materials studies
Medicine
Psychology
Sociology
Medical Research
Social Studies
Human Resource Management

Author: ADMIN

MSc, LLb, DHMS, RHMP, Diploma in Computer, Ex Gazetted Government Officer, Principal of officers Academy, Chief Editor of English Monthly on Law,

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