MBA Statistics Jobs, Scope, Salary in India 2024

MBA Statistics graduates have the best opportunities to apply in a variety of areas like private, public and, non-profit sectors. Students can earn a quite better package than few other specialization graduates because this course is a bit tougher so it holds quite more value. The education that the students are exposed to makes them very employability-oriented, so getting jobs after an MBA in Statistics becomes easier.

Career Prospects and Job Scope for an MBA Statistics Graduate

Post graduating from a respected college with an MBA Statistics degree, MBA Statistics job opportunities become very wide and far-stretched for the students. The average salary of a fresh graduate of this course is INR 3 - 8 LPA (Source: Payscale).

MBA Statistics jobs for students after completion of the course are:

Statisticians
Mathematician
Business Analyst
Risk Analyst
Professor
Content Analyst
Data Analyst
Data Scientist
Statistic Trainer
Econometrician
Consultant
Biostatistician

Job designation for MBA Statistics graduates with experience:

Lead Data Scientist
Senior Data Scientist Payments
Senior Data Scientist (Asset & Wealth Management)
Lead Data Scientist
Senior Data Scientist
Vice President - Data Scientist Lead
Asset Management

Areas of Recruitment for MBA Statistics

Factors such as job designation, job location, and sector type can influence salary after MBA Statistics in India. After finishing a MBA Statistics, one can do many MBA Statistics jobs where the expertise and knowledge of the students are valued.

MBA Statistics has scope for working in diverse fields, from the automobile industry to NGOs. The areas of recruitment are:

Insurance
Statistical Research
Indian Statistical Services
Social Research
Agriculture
Business Industry
Healthcare
Indian Economic Services
Govt. Jobs Consulting Firms
Data Survey Agencies
Public Sector Undertakings (PSUs)
Statistical and Economic Bureaus
Banks

Salary Packages for MBA Statistics

The MBA Statistics salary in India differs based on many factors such as experience, area of specialization, location etc. The average salary of a MBA Statistics graduate is around INR 3-8 LPA. (Source: Payscale)

The other factors that affect the salary include the type of sector one chooses to work in and the job designation. Graduates can increase their salary by doing internships and work placements as it would add to their experiences.

The table below shows the MBA Statistics salary range in India;

MBA Statistics Salary Range	Amount (INR)
Highest Salary	20 LPA
Lowest Salary	2 LPA
Average Salary	3 - 8 LPA

The table below contains the list of MBA Statistics job profiles and their average salaries per annum:

Designation	Amount (INR)
Data Analysts	4 LPA
Economists	6.5 LPA
Statisticians	3.5 LPA

Source: Payscale

MBA Statistics Salary Abroad

MBA Statistics candidates often get jobs in international countries as the education and information are so specialized that the demand for those graduates is higher than the supply. The course is designed to make every student employable in a foreign country, irrespective of their specialization.

The average salary of an MBA Statistics graduate abroad is AED 140,000(Source: Glassdoor). The table below contains the list of job profiles abroad and the appropriate per annum salaries:

Job Profile	Salary (USD)
Data Analysts	90,000
Economists	108,000
Statisticians	71,000- 133,000

Career Scope of MBA Statistics

MBA in Statistics or Doctor of Philosophy is a doctoral research degree and normally the highest level of academic qualification one can achieve. It involves engaging in in-depth research along with a thorough understanding of research issues and the ability to solve key problems with exceptional analytical and observational skills.

The aspirant should be comfortable with long working hours, analyzing and solving complex problems with calmness.

Courses after MBA Statistics

There are actually a number of degrees which require a Doctor of Philosophy degree or are considered higher in qualification than a MBA Statistics. But this all depends on the country’s system you are looking at. Here are some courses that can be done after MBA Statistics:

Career options after MBA Statistics

India's economy and dynamics are rapidly changing day by day, and this has made MBA aspirants join the specializations in academia and many more.

The aspirants are provided many options after they complete their graduation in MBA Statistics according to their interest, some of the list of basic options one can go after the MBA program:

Statisticians: They collect numeric-related information and show it, helping organizations to comprehend quantitative information and spot patterns and make forecasts. They have to create methods to beat issues in information-gathering and examination.
Economists: These professionals investigate and examine information that influences the financial and money-related occupations of the government. They forecast and clarify economic patterns in view of such data. Economists also inspect and break down information utilizing an assortment of programs, including spreadsheets, factual examination, and database administration.
Enumerators: An Enumerator is essentially in charge of recording the number of individuals in a family, their ages, genders, and other such data. They collect and record such factual information.

Government Jobs for MBA Statistics Graduates

If the aspirants want to go for a sector other than private faculties, then there will be the government sector at its best. There are many other opportunities and multiple positions available with the state and central government. There are also options available for conducting research as a civilian government employee.

There are many MBA Statistics government jobs that students post their graduation can pursue. The average salary for these jobs is INR 3-8 LPA. (Source: Payscale) The job designations include:

Top Government Hiring Companies	Job Designation	Salary (INR)
HPCL (Hindustan Petroleum Corporation Limited)	Data Analysts	8.9 LPA
DRDO (Defense Research & Development Organization)	Economists	6.2 LPA
National Institute of Plant Genome Research	Statisticians	5.4 LPA

Source: Payscale

Private Jobs for MBA Statistics Graduates

Students who don’t wish to pursue a government job can build a career after MBA in Statistics in the private sector. The job opportunities for MBA Statistics students in the private sector are endless. The average salary of MBA Statistics graduates is INR 2 - 10 LPA. (Source: Payscale) The job designations include:

Top Private Hiring Companies	Designation	Salary (INR)
TATA Group	Data Analysts	37,000 - 1.7 LPA
Ashoka University	Economists	37,000- 6.7 LPA
Bombardier	Statisticians	1.2 - 27 LPA

Source: Payscale

Job Opportunities Abroad for MBA Statistics Graduates

Top Companies for MBA Statistics Graduates

Below is a list of the top international companies that hire MBA Statistics Graduates:

Blue Ocean Marketing
BNP Paribas India
Deloitte Consulting
TCS Innovations Labs
Nielsen Company
Accenture
HP
GE Capital
HDFC

Best Countries for MBA Statistics Graduates

The scope Of MBA Statistics in India and abroad is very wide and broad. Below is the list of top countries offering job opportunities to MBA Statistics Graduates:

USA
United Kingdom
Germany
Japan
Canada
Dubai

Various Career Designations Abroad for MBA Statistics Graduates

Here is the list of exciting job roles that attract MBA Statistics graduates to work abroad:

Econometrician
Article Writer
Enumerator
Lecturer
Assistant Professor
Biostatistician

Famous MBA Statistics Graduates

MBA Statistics graduates always find success in the field they decide to pursue as they get to learn about a subject in-depth and, eventually, at the end of their degree, have to research something that hasn't been discussed in the world of research. Here is a list of some such MBA Statistics graduates who have worked hard to create an important impact in the society we live in today: