M.Sc Statistics Jobs, Scope, Salary in India

Duration: 2 Years
Avg Fees: ₹5K - 65K PA
Lisha Gupta
Lisha Gupta

Updated on - Jan 4, 2023

The M.Sc Statistics jobs can be found in a wide range of public and private companies. There are a variety of M.Sc statistics job opportunities available Statistician, Investment Analyst, Arithmetician, Cost Estimator, Online Tutor, Service Estimator.

Career Prospects and Job Scope for M.Sc Statistics Course 

The M.Sc Statistics course prepares students for a career in the banking and manufacturing sectors. The statistics industry in India is expected to grow rapidly over the next few years. Graduates of the M.Sc Statistics program acquire skills and qualifications necessary for a career in banking and insurance.

Students who complete India’s M.Sc Statistics course can choose from a variety of careers. M.Sc Statistics graduates can choose from a wide variety of careers. The following are the M.Sc Statistics freshers jobs: 

  • Consultant
  • Statistical Trainer
  • Content Analyst
  • Data Scientist
  • Data Analyst
  • Risk Analyst
  • Professor
  • Mathematician
  • Business Analyst
  • Statistician

Areas of Recruitment for M.Sc Statistics Course 

Students who finish the Master's program in Statistics find lucrative careers in India. The jobs for M.Sc Statistics freshers can find employment as a Statistician, Investment Analyst, Arithmetician, Cost Estimator, Online Tutor, Service Estimator, Subject Matter Expert, Assistant Professor, and Statistical Investigator.

These are some of the areas where graduates can find job vacancies for M.Sc Statistics: 

  • Indian Statistical Services
  • Insurance Industries
  • Agricultural Research
  • Banks
  • Demographic Studies
  • Indian Economic Services
  • Statistical & Economic Bureaus
  • Planning Commission
  • Civil Services
  • Research
  • Manufacturing Sector

Salary Packages for M.Sc Statistics Course 

According to PayScale, the salaries of M.Sc Statistics jobs in India range from INR 3-7 LPA. The salary of a statistician is determined by education and experience. These are the jobs after the M.Sc Statistics course starting salaries in India: 

Job Roles

Average Annual Salary


INR 5.18 LPA

 Investment Analyst

INR 6.51 LPA


INR 9.79 LPA

Cost Estimator

INR 4.50 LPA

Online Tutor

INR 2.26 LPA

Source: PayScale

Government Jobs for M.Sc Statistics Graduates 

Applicants for M.Sc Statistics government jobs undergo a test and interview. The average salary for an M.Sc Statistics in India is INR 2-10 LPA (Source: Ambitionbox). The government offers a number of employment opportunities through government jobs and public-interest organizations.

Here is a list of careers after M.Sc Statistics with salary details: 

Job Roles

Average Annual Salary

Research Officer

INR 11.8 LPA

Statistical Officer


Assistant Professor


Analytic Consultant

INR 15.9 LPA

Data Analyst


Source: Ambitionbox

Private Jobs for M.Sc Statistics Graduates

In India, the average salary for an M.Sc Statistics graduate ranges from INR 2-5 LPA (Source: Glassdoor). The following positions are available to freshers in India with an M.Sc Statistics: 

Job Roles

Average Annual Salary

Statistical Investigator

INR 2.75 LPA

Assistant Professor

INR 4.80 LPA

Subject Matter Expert

INR 4.64 LPA

Service Estimator

INR 4.80 LPA

Online Tutor

INR 2.26 LPA

Source: Glassdoor

Job Opportunities Abroad for M.Sc Statistics Graduates 

Students with an M.Sc in Statistics can find employment abroad. Despite the attractive salary of the M.Sc Statistics jobs, most students are unable to apply their skills and knowledge to employment abroad. Graduates can often find jobs abroad in the best banking and insurance sectors. A graduate student working in the private sector gains valuable experience and skills that can be applied to a career abroad after graduation.

Top Companies

These top companies hire graduates with a M.Sc Statistics: 

  • Deloitte Consulting
  • TCS Innovations Labs
  • Nielsen Company
  • Blue Ocean Marketing
  • Accenture
  • HP
  • GE Capital
  • BNP Paribas India
  • HDFC
  • Cognizant
  • RBI
  • HSBC
  • American Express
  • Indian Market Research Bureau
  • Genpact

Best Countries

Following are some of the best countries to work in if students graduate with a M.Sc Statistics: 

  • US
  • Europe
  • UK
  • China
  • Canada
  • Germany
  • USA
  • Switzerland
  • Norway
  • Australia

Various Career Designations Abroad for M.Sc Statistics Graduates 

For graduates of the M.Sc Statistics program, the following positions are available abroad: 

  • Subject Matter Expert
  • Statistical Investigator
  • Assistant Professor
  • Online Tutor
  • Service Estimator
  • SAS Programmer
  • Pricing Analyst
  • Investment Analyst
  • Econometrician
  • Biostatistician

Best M.Sc Statistics Graduates

Graduates of the M.Sc Statistics program have a wide range of career options. Students who hope to become data analysts can benefit from postgraduate courses in statistics.The following are some of the best graduates of the M.Sc Statistics program: 

  • R. Rao
  • Debabrata Basu
  • Jayanta Kumar Ghosh
  • Kantilal Mardia
  • C. Sreedharan Pillai
  • Pranab K. Sen
  • Prasanta Chandra Mahalanobis
  • Raghu Raj Bahadur
  • Raj Chandra Bose
  • Samarendra Nath Roy

M.Sc Statistics Fee Structure

See Various M.Sc Statistics Colleges in India

Other Category Courses