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The Master of Commerce (M. Com.) in Statistics is a post graduate course in commerce that mainly deals with Statistics and its uses in the commercial field. It normally takes a 2-year program to complete and is covered under 4 semesters. The curriculum gives an opportunity for more advance learning in competency such as Statistical Modeling, Data Analysis, Research Methodology, Mathematical Statistics, Econometrics.
M.Com (Statistics) program in different institutes in India: Common Admission Test (CAT), Management Admission Test (MAT), Xavier Admission Test (XAT), Council of Management Admission Test (CMAT), All India Test for Management Admission (ATMA), and state level tests such as Odisha Joint Entrance Examination (OJEE), Tamil Nadu Common Entrance Test (TANCET), Karnataka Management Apt Several colleges also take graduate performance in exams such as CUCET, GATE, UGC NET.
| Highlight | Details |
|---|---|
| Full Form | Master of Commerce (Statistics) |
| Duration | 2 Years |
| Course Level | Postgraduate |
| Eligibility | Bachelor's degree in Commerce/Statistics/Mathematics/Economics with a minimum of 50% marks from a recognized university |
| Top Colleges | Delhi School of Economics, University of Delhi; St. Xavier's College, Mumbai; Loyola College, Chennai; Madras Christian College, Chennai; Presidency College, Kolkata |
1. Matriculation / Secondary School Examination Certificate which must be awarded by a recognized university or board.
2. There is no restriction to the students who have done commerce stream or other streams they also can apply.
3. Competence in fundamental mathematical and statistical computations is necessary.
4. Employment experience, good analytical and quantitative skills, fluency in Microsoft Excel and/or other relevant software tools would be desirable.
5. As for some universities, there are examinations that need to be taken before being admitted to the university.
6. For instance, past working experience involving statistics and data analysis etc may help an individual when it comes to admission to some of these institutes.
| Job Title | Specialization | Average Salary (INR LPA) |
|---|---|---|
| Data Analyst | Business Analytics, Financial Analytics | 3.5 - 7 |
| Statistician | Biostatistics, Econometrics | 4 - 8 |
| Risk Analyst | Credit Risk, Market Risk | 4.5 - 9 |
| Business Analyst | Marketing Analytics, Operations Research | 4 - 8 |
| Market Research Analyst | Consumer Behavior, Market Forecasting | 4 - 8 |
