Master of Science in Statistics
Our Master of Science in Statistics is a two-year advanced programme designed to deepen your expertise in statistical theory and methodologies. This rigorous curriculum combines theoretical foundations with practical applications, equipping you with the analytical skills to tackle complex data challenges across various industries.
At the master's level, our Statistics programme extends beyond traditional statistical concepts. You'll also delve into social sciences, economics, and finance, as statistical theories are widely applied to solve real-world problems in these areas.
Offered at our Visakhapatnam campus, this programme prepares you for leadership roles in the rapidly evolving field of data science. You will work closely with our distinguished faculty to enhance your critical thinking, problem-solving, and data interpretation abilities.
Eligibility
Applicants must possess a bachelor's degree (BSc) from a recognised university with a minimum of 50% overall marks in a discipline that includes Statistics as a major subject. Additionally, applicants must have qualified the GAT (PG Science), JAM, or CUET.
Scope of the Programme
Our MSc in Statistics programme goes beyond the basics, equipping students with advanced techniques to handle large datasets and derive meaningful insights.
In addition to core statistical concepts, our master's programme in statistics includes ancillary mathematics, which serves as the foundation for statistical analysis. To broaden your understanding of the practical applications of statistics, we also introduce subjects like ecology and the environment that rely on statistical methods.
Organisations across all sectors, from government to finance to healthcare, rely on skilled statisticians to inform their strategies and drive decision-making. Even fields like psychology and criminal investigation rely on statistical analysis for their inferences. Graduates of this programme are poised to excel in global data science roles.
Key Highlights
Application Domain Experience of Faculty
- Biostatistics
- Time Series Analysis
- Machine Learning & Artificial Intelligence
- Sampling Theory
- Reliability Theory
- Optimisation Techniques
- Fuzzy Theory
Infrastructure
- Statistical Computing Lab
Research Centre
- MURTI Multidisciplinary Research
Liberal Education Model
24 credits can be earned across different Schools:
- Architecture
- Business
- Physiotherapy
- Law
- Engineering
- Humanities
Industry & Academic Collaborations
- HR Footprints
- Hetero Pharmaceuticals Ltd
- Department of Probability & Statistics, California University, USA
- Department of Industrial Engineering, Pretoria University, South Africa
- University Of Agriculture, Nigeria
Venture Development Centre
- Mandatory 2-credit venture development course
- Transcending disciplinary boundaries
- Hands-on learning
- Innovative product creation with business potential
Syllabus
Our curriculum is meticulously designed and delivered by leading academic experts from renowned institutions such as the Indian Institute of Science (IISc), Tata Institute of Fundamental Research (TIFR), Indian Institutes of Technology (IITs), and other premier institutions.
Standard track course offerings
- Linear Algebra
- Applied Statistics
- Inferential Statistics
- Statistical Modelling
- Probability Theory
Specialisation course bundles offered
- Big Data Science
- Multivariate Analysis
- Actuarial Statistics
- Time Series Analysis & Forecasting
- Statistical Computing and Data Visualisation
Key topics covered
- Probability Theory
- Distribution Theory
- Computer Programming
- Surveys
- Linear Model and Regression Analysis
- Time Series Analysis
- Multivariate Analysis
- Economics and Economics Statistics
Career Options
With the advanced expertise gained from an MSc in Statistics, graduates are highly sought after across a broad spectrum of industries. Statisticians are integral to fields such as healthcare, finance, pharmaceuticals, and technology. Both the private and public sectors are in constant need of skilled statisticians to drive data-informed decisions.
As artificial intelligence (AI) and machine learning continue to evolve, the demand for data professionals has surged, with the need for data scientists expected to grow by 300% in India between 2022 and 2030. The role of statisticians is becoming increasingly critical in this data-driven world, where their skills in analysis, modelling, and interpretation are essential.
Are you prepared to lead in the world of data science and contribute to shaping the future of decision-making?
Here are some exciting career paths to consider:
- Statistician
- Business Analyst
- Risk Analyst
- Data Analyst
- Data Scientist
- Consultant
- Econometrician
- Biostatistician
- Financial Analyst
- Quantitative Analyst
Star Recruiters
School Leadership
Notable Alumni
Dr K Narendra Swaroop
Senior Program Manager- Quality
A. Venkata Ramana
Director - Embedded Software
Dr. Yeluripati Jagadeesh Babu
Senior Scientist
Ms. Nalanda
FST
Mr. Gowtham
Ph.D. student
Ms. Bidya Rani Mohanty
M.Sc. Microbiology R&D
Ms. Kavya Srivastava
M.Sc. Microbiology QA Manager
Dr. V. Ravi Raju
Assistant Professor
Dr B. Sai Kumar
Head
Dr MVVN Murali Krishna
Manager
Eswara N V Geratayya
Director
Sunitha Chirla
Applications Technical Analyst
Rama Krishna Addanki
Senior Solution Architect
P. Lakshmi Parimala
Senior Analyst
T. Solomon
Research Scholar
Jayanta Kumar Pal
Data Scientist
P. Lakshmi Parimala
Senior Analyst
T. Solomon
Research Scholar
Jayanta Kumar Pal
Data Scientist
Infrastructure and Facilities
Fee Structure
M.Sc. Statistics
1st Year
₹1,05,000
2nd Year
₹1,10,200
Scholarships
Merit-Based Scholarships
The scholarship from GAT/National/State Entrance Tests applies only in the first year. To continue receiving it in subsequent years, a minimum CGPA of 8.0 must be maintained.
Apart from the above, the following scholarships are also offered to eligible students.
- Employee Children Scholarships: (60%, 40%, and 20%)
- Loyalty Scholarships: (10% for Any alumni returning to do higher studies/Children of Alumni/Real siblings (Not applicable to step siblings or cousins)/Children of retired employees of GITAM/Spouse of GITAM employees).
- Sports Scholarships: (100%, 75%, 50%, 25% and 15%)
Need-Based Scholarships
- To be eligible for the need-based scholarship, the combined income of both parents/guardians of the eligible student/If the student is married, the combined income of the family, i.e., the student's and spouse's income, must be less than 8.00 LPA.
- The candidates admitted through merit scholarship in the slabs of 75%, 60%, 40%, 25%,and 15%, and the parents/guardians combined income is less than the prescribed limits are eligible for the additional need-based scholarship.
| Scholarship % | Upgraded Scholarship % |
|---|---|
| 75% | 100% |
| 60% | 75% |
| 40% | 60% |
| 25% | 40% |
| 15% | 25% |
Scholarships For Accommodation
- In addition, students awarded need-based scholarships after merit scholarships will receive an additional 20% scholarship specifically allocated for hostel fees at GITAM for slabs: 15%, 25%, 40%, and 60%.
- Students awarded 75% & 100% scholarships are also awarded the same percentage in the hostel and food charges.
Scholarship Percentage
100%
Eligibility for 2024
GAT 2024 Score >=150 <=200
JAM 2024 Rank >=1 <=50
CUET(PG) 2024 Score >=190 <=200
Scholarship Percentage
75%
Eligibility for 2024
GAT 2024 Score >=130 <=150
JAM 2024 Rank >=51 <=100
CUET(PG) 2024 Score >=180 <=190
Scholarship Percentage
60%
Eligibility for 2024
GAT 2024 Score >=120 <=130
JAM 2024 Rank >=101 <=200
CUET(PG) 2024 Score >=160 <=180
Scholarship Percentage
40%
Eligibility for 2024
GAT 2024 Score >=110 <=120
JAM 2024 Rank >=201 <=350
CUET(PG) 2024 Score >=150 <=160
Scholarship Percentage
25%
Eligibility for 2024
GAT 2024 Score >=100 <=110
JAM 2024 Rank >=351 <=600
CUET(PG) 2024 Score >=140 <=150
Scholarship Percentage
15%
Eligibility for 2024
GAT 2024 Score >=80 <=100
JAM 2024 Rank >=601 <=750
CUET(PG) 2024 Score >=120 <=140
