PhD in Statistics Jobs, Scope, Salary in India
PhD in Statistics graduates earn a relatively better package than few other specialization graduates because this course is a bit tougher so it holds quite more value. Graduates with this course don't lack the opportunity to get a rewarding and successful career. The education that the students are exposed to makes them very employability-oriented, so getting jobs after a PhD Statistics becomes easier.
Career Prospects and Job Scope for a PhD in Statistics Graduate
Post graduating from a respected college with a PhD in Statistics degree, a PhD in 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).
PhD in Statistics jobs for students after completion of PhD in Statistics:
- Econometrician
- Article Writer
- Enumerator
- Lecturer
- Assistant Professor
- Biostatistician
- Data Analyst
- Research Analyst
- Data Interpreter
- Research Scholar
- Statistician
- Content Developer
- Labor Counselor
- Curriculum Trainer
- Trainee Associate
- Sociologist
- Trainee - Teaching Associates
- Asst. Professor & Lecturer
Job designation for PhD in 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 PhD in Statistics
Factors such as job designation, job location, and sector type can influence salary after PhD in Statistics in India. After finishing a PhD in Statistics, one can do many PhD Statistics jobs where the expertise and knowledge of the students are valued.
PhD in 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
- Indian Economic Services
- Govt. Jobs Consulting Firms
- Data Survey Agencies
- Public Sector Undertakings (PSUs)
- Statistical and Economic Bureaus
- Banks
Salary Packages for PhD in Statistics
The PhD in Statistics salary in India differs based on many factors such as experience, area of specialization, location etc. The average salary of a PhD in 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 PhD in Statistics salary range in India;
| PhD Statistics Salary Range | Amount |
| Highest Salary | INR 20 LPA |
| Lowest Salary | INR 2 LPA |
| Average Salary | INR 3 - 8 LPA |
The table below contains the list of PhD in Statistics job profiles and their average salaries per annum:
| Designation | Amount |
| Data Analysts | INR 4 LPA |
| Economists | INR 6.5 LPA |
| Statisticians | INR 3.5 LPA |
Source: Payscale
PhD in Statistics Salary Abroad
PhD in 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 a PhD in 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 |
| Data Analysts | USD 90,000 |
| Economists | USD 108,000 |
| Statisticians | USD 71,000- 133,000 |
Career Scope of PhD in Statistics
A PhD in Statistics or Doctor of Philosophy is a doctoral research degree and is normally the highest 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 PhD in Statistics
There are actually a number of degrees which require a Doctor of Philosophy degree or are considered higher in qualification than a PhD Statistics. But this all depends on the country’s system you are looking at. Here are some courses that can be done after PhD in Statistics:
- MPhil Mathematics
- MPhil Statistics
Career options after PhD in Statistics
India's economy and dynamics are rapidly changing daily, and this has made the PhD aspirants join the specializations in academia and many more.
The aspirants are provided many options after they complete their graduation in PhD in Statistics according to their interests, some of the list of basic options one can go after PhD program:
- Statisticians: They collect numeric-related information and show it, helping organizations comprehend quantitative information and to 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 PhD in 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 PhD in 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 |
| HPCL (Hindustan Petroleum Corporation Limited) | Data Analysts | INR 8.9 LPA |
| DRDO (Defense Research & Development Organization) | Economists | INR 6.2 LPA |
| National Institute of Plant Genome Research | Statisticians | INR 5.4 LPA |
Source: Payscale
Private Jobs for PhD in Statistics Graduates
Students who don’t wish to pursue a government job can build a career after PhD in Statistics in the private sector. The job opportunities for PhD in Statistics students in the private sector are endless. The average salary of PhD Statistics graduates is INR 2 - 10 LPA. (Source: Payscale) The job designations include:
| Top Private Hiring Companies | Designation | Salary |
| TATA Group | Data Analysts | INR 37,000 - 1.7 LPA |
| Ashoka University | Economists | INR 37,000- 6.7 LPA |
| Bombardier | Statisticians | INR 1.2 - 27 LPA |
Source: Payscale
Job Opportunities Abroad for PhD in Statistics Graduates
PhD in 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.
Top Companies for PhD in Statistics Graduates
Below is a list of the top international companies that hire PhD in Statistics Graduates:
- Blue Ocean Marketing
- BNP Paribas India
- Deloitte Consulting
- TCS Innovations Labs
- Nielsen Company
- Accenture
- HP
- GE Capital
- HDFC
Best Countries for PhD in Statistics Graduates
The scope Of PhD in Statistics in India and abroad is very wide and broad. Below is the list of top countries offering job opportunities to PhD in Statistics Graduates:
- USA
- United Kingdom
- Germany
- Japan
- Canada
- Dubai
Various Career Designations Abroad for PhD in Statistics Graduates
Here is the list of exciting job roles that attract PhD in Statistics graduates to work abroad:
- Econometrician
- Article Writer
- Enumerator
- Lecturer
- Assistant Professor
- Biostatistician
Famous PhD in Statistics Graduates
PhD in 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 PhD in Statistics graduates who have worked hard to create an important impact in the society we live in today:
- Robert Vaughn
- Peter Weller
- Dan Grimaldi
- Shaquille O'Neal
- Mikhail Youzhny
- Vitali and Wladimir Klitschko
- Mike Marshall