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M.Sc. (Applied Statistics)

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M.Sc. Applied Statistics

Overview

Explore the dynamic intersection of theory and its application with our Master of Science in Applied Statistics program at Symbiosis Statistical Institute. This two-year full time programme is designed to deepen expertise in applied statistical methodologies, equipping students with the skills to excel in diverse fields where data-driven decision-making is paramount. In the world driven by Data Science, this programme trains students to apply various statistical techniques where one needs to understand the importance of statistical sciences along with various available statistical software.

At Symbiosis Statistical Institute, our Master of Science (M.Sc.) in Applied Statistics programme is designed to provide students with advanced knowledge and 21st century skills required for industry in various domains. The program offers the following four distinct specialisations to cater to diverse interests and career aspirations along with the needs of the market.

Data Science

Data Science

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Industrial Statistics and Operations Research

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Biostatistics and Data Analysis

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Actuarial Statistics

Programme Objectives

  • Equip students with advanced statistical techniques for data analysis in various industries.
  • Develop analytical skills to interpret complex data sets.
  • Provide hands-on experience with statistical software for practical application.
  • Prepare graduates for diverse career opportunities in various domains.
  • Foster a research-oriented mindset for innovation and contribution to statistical theory.

M.Sc. Statistics Program Outcome

Following are the programme outcomes for this two years of rigorous training during M.Sc. Applied Statistics programme -

  • Nurturing the curious minds towards translate and apply statistical knowledge to find data-driven solutions to real-world problems
  • Help in preparing the next generation statisticians ready for scientific decision-making, aided with advanced statistical software translating into sharp and extensive analytics, pertinent to various domains.
  • Empower students to investigate, solve questions for which answer lies beyond the boundaries of conventional thinking.
  • Recognize the need and have the preparation and ability to engage in independent and continuous learning in the broadest context of technology.
  • Enhance critical thinking ability for data-driven solution with advanced statistical methodologies. .
  • Help in preparing the next generation statisticians ready for scientific decision-making, aided with advanced statistical software translating into sharp and extensive analytics, pertinent to various domains .

Program Structure

At the end of the first year students need to opt for any one of the folllowing mentioned specializations depending upon their area of interest, summer internship and academic ranks.

Data Science

Data Science

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Industrial Statistics and Operations Research

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Biostatistics and Data Analysis

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Actuarial Statistics

Programme Structure for Batch 2022-24

Programme Structure for Batch 2023-25

Programme Structure for Batch 2024-26

List of Electives, Value Added, and Flexi Credit Courses

Eligibility Criteria:

Prospective candidates for the Master of Science (M.Sc.) in Applied Statistics program at Symbiosis Statistical Institute must fulfil the following academic requirements.

A graduate degree in Statistics and/or Mathematics as principal and/or subsidiary level from any statutory/ recognized University/Institution of National Importance with a minimum of 50% marks or equivalent grade (45% marks or equivalent grade for Scheduled Caste/ Scheduled Tribes).

Note:  B.E/B.Tech. with Mathematics/Statistics at the Subsidiary Level may also apply.

Programme Highlights

  • Prerequisite Courses:  Sequential completion of prerequisite courses is mandatory before advancing to subsequent program levels.
  • Semester III and IV Courses:  The curriculum in these semesters is specialization-specific, encompassing core and elective courses and relevant flexi courses.
  • Summer Internship :  All students undertake a 8-10 weeks Summer Internship between May-June and July following Semester II.
  • Industry Project :  An integral part of the program, the Industry Project is completed between January and April in Semester IV.
  • Non-Credit Courses:  In addition to regular credit courses, the institute offers non-credit courses, including tutorials, hands-on workshops, guest lectures, scientific colloquiums, skill development sessions, and value-added courses.
  • Credit Structure:  The allocation of theory and practical credits is contingent on the chosen specialisation.
  • Specialisation Implementation:  Specializations in Data Science, Industrial Statistics and Operations Research, Biostatistics, and Actuarial Statistics are implemented based on students' strengths, area of interests, summer project and academic ranking.
  • Indian Statistical Service (ISS):  Frequent invited sessions on the Indian Statistical Service (ISS) in our curriculum offer insights into the roles, recruitment process, and significance of statistical expertise in policy formulation. Students get exposure and learn about ISS officers' vital role in generating data for evidence-based decision-making across government sectors. These sessions highlight career prospects within the ISS, inspiring students to pursue impactful roles in public service leveraging their statistical skills.
  • Industry visits:  Institute take initiative to visit relevant industry where lot of real-time data in getting generated so that students can also get exposure about data generation and help them in interpreting the results with critical thinking.

    The best initiative like ‘Industry on Campus’ with appeal to industry domain expert to share problem statement before hand help many students to work on the real-time data and perform given activity by providing the preliminary solutions to the shared problem statement.

Admission Process

At Symbiosis Statistical Institute, we employ a comprehensive selection process to ensure the admission of candidates who meet academic standards and exhibit strong communication and analytical skills. The selection is based on the following criteria:

1. Academic Record:
  • Candidates are evaluated based on their academic performance at the graduation level.
  • A minimum of 50% marks or equivalent grade (45% marks or equivalent grade for Scheduled Caste/ Scheduled Tribes).
2. Writing Aptitude Test (WAT) and Personal Interaction (PI):
    Writing Aptitude Test (WAT):
  • A specialised written test assessing technical and academic writing skills.
  • Scheduled alongside the Personal Interaction.
    Personal Interaction (PI):
  • A comprehensive one-on-one interview with a panel of experts. PI provides a platform for candidates to showcase their capabilities and aspirations, fostering a holistic understanding of their potential.
  • Designed to understand and assess the candidate's aptitude, analytical thinking, and communication skills.
    3. Conduction of Writing Aptitude Test (WAT) and Personal Interaction (PI):
  • For admission process of AY 2024-25, WAT has been waived off.
  • Only PI will be conducted and will happen in an ONLINE mode for AY2024-25 as per scheduled mentioned under Important Dates for admission process.
  • The details of PI schedule along with meeting link will be shared near to the date of PI after registration process is complete.
  • Applicants are encouraged to prepare for Personal Interaction to present their best selves during selection.
    4. Syllabus for Writing Aptitude Test (WAT) and Personal Interaction (PI):
  • For admission process of AY 2024-25, WAT has been waived off.
  • The PI will be based on the syllabus up to BSc (Statistics).
  • More focus will be on situation specific application of Statistics
  • Applicants are encouraged to prepare for Personal Interaction to present their best selves during selection.

M.Sc. Statistics International Students

A few seats are available for international/NRI category students as per Symbiosis International (Deemed University) regulations.

The admissions of International students are centralized for all the constituent institutes of Symbiosis International (Deemed University) and routed through Symbiosis Centre for International Education (SCIE)

All international student admission happens with help of International Office. For more details, please
Click here

All International students aspiring for admission are required to contact below
Symbiosis Centre for International Education
Senapati Bapat Road, Pune-411004
Maharashtra, India
Tel: +91-20 25671905(Ext. 312/150)
Fax: +91-20 25659209
Email: intadmissions@symbiosis.ac.in
Website: www.scie.ac.in

Fee Structure

Fee Structure for Batch 2023-25 in A.Y. 2024-25

Fee Structure for Batch 2024-26 in A.Y. 2024-25

Academic Schedule

The academic year spans from July/August to May/June, comprising four semesters for the full-time two-year program.

Academic Calender

Academic Calender 2024-25

Academic Calender 2023-24

M.Sc. Statistics Financial Assistance

Students enrolling with constituents of SIU will be given special consideration at 5 Banks for Educational Loans.

The sanction of the loans will be subject to documentation and fulfillment of the prescribed norms/ eligibility/ criteria. Those interested may kindly visit Website: Click Here

M.Sc. Statistics International Students

A few seats are available for international/NRI category students as per Symbiosis International (Deemed University) regulations.

The admissions of International students are centralized for all the constituent institutes of Symbiosis International (Deemed University) and routed through Symbiosis Centre for International Education (SCIE)

All international student admission happens with help of International Office. For more details, please
Click here

All International students aspiring for admission are required to contact below
Symbiosis Centre for International Education
Senapati Bapat Road, Pune-411004
Maharashtra, India
Tel: +91-20 25671905(Ext. 312/150)
Fax: +91-20 25659209
Email: intadmissions@symbiosis.ac.in
Website: www.scie.ac.in

M.Sc. Statistics Important Dates

For AY 2024-26, the Personal Interaction exam will be conducted online. Registered students will receive a call from the institute.

Following are Important Dates (tentative) for admission for AY 2024-26.

Programme Registration Begins 27th November 2023
Closure of Registration 31 August 2024
Last Date of payment of Registration fees 31 August 2024
Entrance Date (Personal Interaction) Phase I-III: 25th June 2024 to 26th July 2024
Phase IV: 02nd September 2024
Merit List Date Phase I-III: 30th July 2024
Phase IV: 3rd September 2024
Programme Commencement 6th Aug 2024

Note:   Dates are tentative and subject to change.

Fee Structure

Fee structure for Batch 2023-24

Scholarships for the A.Y. 2021- 22

Refund Rules

Fee structure for Batch 2022-24
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