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
Verified Career Expert
Founder & CEO: Discovering Careers India
  • pune

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

Sir what are the options available with us after we have done B.Tech,like can we go for teaching or and armed force job or for banking

The normal course after a B.Tech are engineering jobs.  However, if you would like to do something different, the B.Tech just serves as a basic g .. read more

which course will be best b.com Hons. or bba

The best course is the one aligned to your future goals, and your inherent capabilities. Think about what would you like to do further - MBA, teaching .. read more

mai 12 science passout student hu mujhe banking me jana hai

Banking ke liye minimum graduation ki zaroorat hoti hai - kisi bhi stream mein. Aapko science, commerce, jo nhi aasan lagta ho, pehle usme B.Com, B.Sc .. read more

which are the best colleges for MBA full time?

PGDM course is one of the best MBA Full Time course studies in India, offered by GLIM (Great Lakes Institute of Management). .. read more
Most Popular

Which are the best colleges for interior designing in India?

In India, there are so many colleges for Architecture and Interior Design. Here I am  listing some top colleges,• National Institute of Desi .. read more

If I do post graduation (M.Sc./M.S.) in Physics, what kind of jobs can I get both in India and abroad?

Hi, After doing Post-Graduation you are eligible to appear in various entrance exams. If you are interested in research and teaching field you can sta .. read more

How much marks i need in neet 2017 to get bhms

266 marks Catagory - SC Rajasthan    .. read more

Hello Sir my self hemant Lakhotia.I want to take ur presious advise about forensic science

BSc Forensic Science is the program deals with theoretical and practical background in all the areas of criminalistics which demonstrates proficiencie .. read more
Caching Date: 8/17/2017 12:47:42 AM