Statistician

Aliases: Statistical Specialist

Industry/Sector(s): BFSI

JOB DESCRIPTION ¹

The tasks a Statistician is expected to perform include:

Developing and applying most effective methods for collecting, tabulating and interpreting quantitative data in any one of the wide variety of fields
Determining character and volume of information necessary for solution of any statistical problem
Obtaining or devising methods for collecting necessary information

WORK ENVIRONMENT ^{2, 1}

It is a desk job
Need not handle a team
Local travelling may be a part of this job role
Part-time work and contractual jobs are not available
Work from home option is not available

Working hours

Organizations usually work for 5/6 days a week for 10/12 hours everyday. This may vary from organization to organization
Shift system may be available
Overtime may be required

Is the job suitable for a candidate with special needs?

This job is suitable for candidates with One Arm (OA), One Leg (OL), Both Leg (BL), Low Vision (LV) and those who have Hearing Impaired (HH)

This may vary from organization to organization

EDUCATIONAL QUALIFICATIONS AND TRAINING ^{3, 5}

Preferably, B.Sc./M.Sc. in Statistics

KEY COMPETENCIES ¹

Proficiency in reducing or determining most effective techniques for reduction of data according to nature of available information and type of problem under study
Adept at interpreting and presenting data in form of charts, graphs, diagrams and written summaries
Knowledge of various statistical tools and techniques
Knowledge of writing reports, analysing and evaluating conclusions on the basis of variable conditions affecting interpretation or validity

DESIRABLE COMPETENCIES ¹

Specialization in any particular branch of statistics such as financial or industrial statistics or in statistical analysis in specific scientific field such as physics, chemistry or biology
Strong analytical skills
Ability to work independently or in teams
Strong business and collaboration skills
Excellent communication, presentation and interpersonal skills

AVAILABLE SKILL TRAINING AND LEARNING INSTITUTES

Banaras Hindu University
http://www.bhu.ac.in/
University of Mysore
http://www.uni-mysore.ac.in/
Indian Statistical Institute
http://www.isibang.ac.in/

AVAILABLE SKILL TRAINING SCHEMES/SCHOLARSHIPS

For scholarship and schemes, use further links like:

http://www.icai.org/post.html?post_id=6486

SAMPLE OF TRAINING AND LEARNING COURSES

http://www.iitk.ac.in/math/data/NewARCMScSTA.pdf

CAREER PROGRESSION PATH ¹

Statistician → Statistician, Applied → Operation Research Analyst

The progression is indicative

EXPECTED EARNINGS ⁴

For candidates with experience - Rs 30,000 to Rs 60,000 per month

These figures are indicative and subject to change

REQUIRED WORK EXPERIENCE ⁵

Generally, 3 - 6 years of experience required

PROBABLE EMPLOYERS ^{1, 3, 5}

Banking companies across India
Financial companies across India
Insurance companies across India

KEYWORDS

Statistical Specialist

OCCUPATIONAL CODES AND STANDARDS

Standard	Code	Description
NCO 2015	2120.0300	Statistician
ISCO 2008	2120	Mathematicians, Actuaries and Statisticians
NIC 2008	72100	Research and experimental development on natural sciences and engineering
QP Reference	Not available	Not available
NSQF	Not available	Not available

REFERENCES

1	National Classification of Occupations Division 2
2	https://targetstudy.com/professions/statistician.html
3	http://www.payscale.com/research/IN/Skill=Statistical_Analysis/Salary

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