Master of Science in Statistics - MS (Stat)
Program Introduction
During the past few decades, the economic structure of the world developed in all aspects. On top of that the rapid development of computer technology has led to an increase in the use of statistics as a tool for analyzing data across all disciplines. Statistics has become an integral part of any research and/or development program. MS Statistics program aims at supplying the market with advanced graduates equipped with both theoretical and applied statistical expertise.
To complete the MS Statistics program, a candidate must complete a course work of minimum 24 credit hours and a thesis of 6 credit hours.
Program Objectives:
The primary objective of the MS Statistics degree program in Statistics is to prepare students for professional careers in disciplines which make use of the Statistical Sciences.
Program Scope
Career fields for graduates of this program may be found in all areas of research, industry, and government. There is a steady demand for highly trained professionals in data analytics; therefore, the graduates of MS-Statistics program can be placed in academia, federal research laboratories, government agencies, defense and financial firms, and nonprofit organizations.
Admission Criteria
- A 16 years degree in the relevant field from an accredited educational institution with first division (annual system) or CGPA 2.5/4.0 (semester system) with no third division(Annual System) or D grade(Semester System) throughout the academic career.
- NTS GAT(General) with 50% marks
Career Prospects
There are excellent job opportunities for a person with a higher degree in Statistics. Job opportunities are varied. A candidate with MS Statistics degree may:
- Consult in the design and analysis of clinical studies, evaluating new pharmaceutical agents
- Design EXPERIMENTS for agricultural, ecological, environmental, or energy-related studies
- Determine mortality, morbidity, and accident rates for an insurance company
- Serve as an opinion pollster for a public relations firm or a television network
- Develop theories of learning and behavior in conjunction with psychologists
- Determine optimal combinations and evaluate performance of various chemicals in industrial setups
- Conduct reliability and quality control studies in various industries
- Develop econometrics, time series, and forecasting models for determining the cause and effects of various socio-economic variables of the society
In all of these areas and many others, statisticians work closely with other scientists and researchers to develop new statistical techniques, adapt existing techniques, design EXPERIMENTS , and direct analyses of surveys and retrospective studies.