Sahil Sharma

How much can I earn in next five years as a Statistician?

Kindly clarify so that i can clear my doubts


by Sahil Sharma
2 answers
| Share :

2 answers

RE: How much can I earn in next five years as a Statistician?

Prathamesh Kapote
Prathamesh Kapote
Verified Career Expert
Founder And Director At Canvas Career
  • Nasik

Hello Sandesh,
Welcome to CareerGuide smile
Thanks for approaching us with your query.
I hope you have been doing well.

Statistics being branch of Mathematics it has been always a great demanding career all the time. The students who have head for numbers always prefer to make their career in Mathematics or in its allied fields. Statistics is nothing but translating numbers into knowledge i.e Graphs. Its knowledge has been applied and needed in wide range of industries in order to record the data in a proper standard formats.

Statisticians are required in various sectors like Education,Sports,Pharmacy,Medical,Physics,Biology,Economics,IT,Pharmacy etc.

There are wide career scope for the Statisticians and Analytic people in both public and private sector and also in Foreign Countries.

India stands 3rd with regards to the people belonging to Statistics and Analytic following US and China and so India is the Global hub for Statistics nowadays.In 2005 when companies hired Statisticians the salaries paid to these people were around 1.8 lac per annum while in 2011 the salaries offered were from 6 lac as high as 12 lac per annum hiring a Graduate or Post Graduate.

While a person holding an experience of 3 to 5 years would get an salary ranging from 8 lac to 12 lac per annum. Furthermore a Lead Statistician with 5-10 years of experience were offered salary from 10-14 lac per annum.

So if you see there has been a great growth with respect to the salary packages. By the time you earn an experience of 10 years or more you can play the role of Manager Statistician and would earn salary around 12 - 20 lac or above per annum.

So definitely looking yourself 5years down the line you will be earning around 10 lac or above per annum with your skills and knowledge.

I hope you find this information useful and helpful.

Feel free to get in touch again.

Wish you Good Luck sunny

Thank you

Warm Regards,
Prathamesh K.

RE: How much can I earn in next five years as a Statistician?

Dr. Anand Wadadekar, PhD
Dr. Anand Wadadekar, PhD

Dear Aspirant,

When you pass out of your Masters degree college (I necessarily mean that you should get MSc in Statistics compulsorily for a stable career growth), as a fresher in the industry you will definitely get an annual package of Rs. 3.5 lakhs and year after year it will go on increasing.

When you gain a little more of work experience of about 3-4 years, you salary may be upto Rs. 6-7 lakhs pa.

Best wishes

In order to post replies to the question: "How much can I earn in next five years as a Statistician?"

Post Reply

Latest Answers

I am very passionate in graphic design/visual communication. I have learnt painting since my childhood. I am fascinated by visual effects and special effects also. Can you please tell me how do I develop a career in visual communication/special effects?

Hi Ranjay, You can start to hone your craft in design by working in a design firm or freelance. This will be a great opportunity for you to build up y .. READ MORE

i want to know best coaching Institute for ibps po in delhi

Chahal Academy is the Best IAS coaching institute in Delhi. Our teaching staff have years of experience and the way they present lectures is simple an .. READ MORE

I am Achintya, Male, 32 years of age, having more than a decade experience in IT technologies, by profession I am a Application Developer, focusing mainly on Adobe Technologies. Started my career as a web designer, and worked in the creative domain for

Becoming an Android developer is straightforward , but becoming a successful Android developer and standing out from the remainder  .. READ MORE

How to answer this question “Do you enjoy hard work”

no i don't ! .. READ MORE
Most Popular

Dear Sir/Madam, I am currently pursuing my third year Bachelor of Engineering in Electronics and Communication.I am very interested in networking and have decided to do a CCNA to pursue my career in that field.But many of my well wishers advised m

Hi, it's really good to hear that you are looking forward to such important decisions in the third year itself. It's not important that what others ar .. READ MORE

I am Achintya, Male, 32 years of age, having more than a decade experience in IT technologies, by profession I am a Application Developer, focusing mainly on Adobe Technologies. Started my career as a web designer, and worked in the creative domain for

Becoming an Android developer is straightforward , but becoming a successful Android developer and standing out from the remainder  .. READ MORE

How to answer this question “Do you enjoy hard work”

no i don't ! .. READ MORE

I want became a hacker ...so what should i have to do?

In computer security, a hacker is someone who focuses on security mechanisms of computer and network systems. You can go with the following steps, 1. .. READ MORE
Caching Date: 9/24/2020 1:56:36 PM