Rohit Shorya

Should I do Engineering or BSc Statistics?

I am doing BSc statistics from Delhi University.And also thinking for doing engineering next year.As I dont have future knowledge and scope about Statistics.Please suggest me tha scope and profit in Statistics.As I dont want to be an acturier

by Rohit Shorya
2 answers
| Share :

2 answers

RE: Should I do Engineering or BSc Statistics?

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

Dear Aspirant,

I do not find any value in doing Engineering after getting a graduate degree in Statistics.

I would suggest you to do Masters in Statistics as well for a long term fantastic career.

For becoming an Actuary, apart from Statistics, you also need excellent command over Mathematics. you can definitely look for being an Actuary since this profession is high demanding but there is no supply of Actuaries in India.

Best wishes!

RE: Should I do Engineering or BSc Statistics?

Meghna Mukherjee
Meghna Mukherjee
Verified Career Expert
Counselor at Adaptive Minds
  • Mumbai

Hi There,

Looks like you are unsure where you wish to head towards in future.

Firstly as dr, has said there is no relation between doing statistics and engineering and I do not understand that after being a Graduate, why are you aiming for another Graduation that too in a not so related field.

It would be best, if you could continue further with statistics only.

As you are studying Statistics who better than you would know, what Statistics is all about.
In laymans term it is basically an estimation or a count given to a certain group.

Statistics as such has use in various fields in the following areas:

  • Planning:

Planning is necessary for efficient workmanship and in formulating future policies. Statistics provides the valued interpretation of facts and figures relevant to planning. Planning depends on forecasting the future. Statistics provides the necessary tools of estimation and forecasting. So statistics is indispensable in planning.

  • .Business :

A businessman formulates different plans and policies using statistics. It helps him in forecasting the future trends and tendencies. To estimate the market fluctuations, changes in the demand conditions etc. statistical techniques are often used.

  • Economics :

Statistical data and their analysis are used to solve a variety of economic problems such as in consumption, production, distribution of income and assets, poverty, unemployment etc. These problems are described, compared and correlated by using statistics. Use of statistics in Economics has led to the formulation of many economic laws like Engel's law of consumption, Pareto's Laws of distribution of income etc.

  • Administration :

It is being widely used formulating and forecasting different plans and policies of the state administration.

  • Research activities :

One cannot think of undertaking any research activities without using statistics. Primarily, statistical techniques are used for collecting information in any research. Besides, statistical methods are used for analysis and interpretation of research findings.

Thus there is hardly any branch of study where statistics is not being used. It is used in all spheres of human activities, whether private or public sector.

Hope this answers your query.

Wish you good luck.................

In order to post replies to the question: "Should I do Engineering or BSc Statistics?"

Post Reply

Latest ANSWERS

What is the scope in travel and tourism and how to make a career in it?

Hi Deepti My daughter will be graduating from B.COM Travel & Tourism this June 2018. She did her graduation from Mount Carmel College, Bangalore. .. read more

I have appeared for my 12th boards this year waiting for my result. So my option was fashion designing, degree course , but since I couldn't clear nift, I thought that Ill appear next year.Now I'm really confused as I want to do BBA too. please guide me

You are required to check your CBSE 12th Board Result then you will able to know that what should be pursued by you. To check your result, follow this .. read more

Sir, my son who is 22 years now is studying BTch CSE from GD Goenka University Gurgaon. He was supposed to clear last semester this year but however, he is still to clear some backs. I woiuld like to know the best career opportunities for him.

Hello, You can make son to prepare for the Railways Exams,The RRB has given several vacancies in the Assistant Loco Pilot and Group D. Soon more vacan .. read more

Hey, I am Subir Baidya . I am a 1st year student of JIS College of Enginnering in computer science Engineering. Sir i think now a days engg is not a good choise . So sir i decided to prepare for UPSC or WBSC exam. sir "is it a good choise ?"

Hello, You have various career options to prepare for some of the exams you can go for are as follows UPSC Exams State PSC Exams SSC CGL & SSC CHS .. read more
Most Popular

What is the procedure to join Indian Navy after class 12th

How join navy after 12 th   .. read more

what to do after polytechnic

Marketing & sales  .. read more

What are top 10 colleges for Jewellery Designing in the world?

Jewelry Designing is an art & profession of designing & creating jewelry.  Top 10 Jewelry Designing Colleges in the world :- () Arch Coll .. read more

What others lines i m eligible for after doing b.p.t except m.p.t in india and outside india

Apart from MPT, you can do the rehabilitation fellowship courses where you will get an expertise in the core components of rehabilitation. Know about .. read more
Caching Date: 4/26/2018 3:32:28 PM