The document provides an overview of the Master of Science in Statistics program at the Narsee Monjee Institute of Management Studies (NMIMS) University in Mumbai, India, including the course structure, software skills developed, projects undertaken, placement outcomes, and guest lectures/workshops offered to students. It highlights the program's focus on both theoretical and practical training to make students industry-ready, with many securing jobs in fields like consulting, insurance, and scientific research.
Master of Science in Statistics - Career Paths & Job Prospects
1. Master of Science in Statistics
Career -> Course -> Outcomes
Prof. Sunil S. Shirvaiker
Associate Professor (Statistics), In-Charge Project Monitoring Committee (Statistics),
& Area Chairperson Placements (School of Science).
November 2014
Email: Sunil.Shirvaiker@nmims.edu
Website: http://science.nmims.edu/
5. Masters Courses in Mumbai
• M. Sc. in Statistics
- Mumbai University
- NMIMS (Deemed-to-be University)
• M. Sc. (Applied Statistics And Informatics) – IIT
Mumbai
• PGDASS (Post Graduate Diploma in Applied
Statistics with software)
• PGDAS (Post Graduate Diploma in Actuarial
Science)
6. Narsee Monjee Institute of Management Studies
NMIMS University
SVKM – Trust committed to the cause of providing
high quality education since 1930s
SVKM’s NMIMS –Began by offering programs in
Management
Enjoys international recognition as one of the
leading institutions of Management training
NMIMS has been consistently ranked amongst
the top B-Schools in the country
The Off-Campus Centers are:
Shirpur
Bengaluru
Hyderabad
SVKM’s NMIMS received its University status in 2003
7. Narsee Monjee Institute of Management Studies
NMIMS University
Established more Schools:
Mukesh Patel School of Technology Management & Engineering
School of Pharmacy & Technology Management
Balwant Sheth School of Architecture
School of Science (SOS)
Anil Surendra Modi School of Commerce
School of Distance Learning
School of Economics
School of Law
Today, the University has over 6000 students and more than 200 faculty members.
9. NMIMS - School Of Science
It was started in 2007 with a view to provide
undergraduate and post graduate students an opportunity
to be a part of the unique learning methodology of the
university, which lays emphasis on academic excellence
combined with industry oriented training.
The goal of the School of Science is to be a Center of
Excellence in the domain of Pure and Applied Sciences by
providing quality education and research.
10. Programs Offered at School of Science
M. Sc. Statistics / Biological / Chemical Sciences - 2 years including project workM. Sc. Statistics / Biological / Chemical Sciences - 2 years including project work
Masters in Physiotherapy – 2 yearsMasters in Physiotherapy – 2 years
Integrated M. Sc. Ph. D. Biological / Chemical Sciences / Physiotherapy - Min 5 yearsIntegrated M. Sc. Ph. D. Biological / Chemical Sciences / Physiotherapy - Min 5 years
Ph. D. Biological/ Chemical Sciences - Min 3 yearsPh. D. Biological/ Chemical Sciences - Min 3 years
Certificate course in Molecular Medicine - 6 monthsCertificate course in Molecular Medicine - 6 months
Certificate course in Molecular Oncology - 6 monthsCertificate course in Molecular Oncology - 6 months
Certificate Programme in Business Analytics (Predictive Modelling) - 6 daysCertificate Programme in Business Analytics (Predictive Modelling) - 6 days
11. NMIMS, School Of Science – Department of Statistics
Our aim is to train individuals in statistics, both as a subject in itself
and as a discipline to aid in the development of other social and
scientific fields.
Department of Statistics of School of Science is one of the few in
the country with a strong faculty orientation toward applications of
Statistics.
We teach Masters of Science - Statistics (M. Sc. Statistics) course
through problem solving & computer workshops. We train our
students on theoretical as well as practical basis.
So we encourage our student for data analysis & projects, to
develop their innovative approach to learning process.
13. To aim at overall personality development of the
students through Curricular & co-curricular activities
like Journal Club, Guest Lectures, Projects etc.
To expose students to the Statistical Software (SAS,
SPSS, R, Excel) and Statistical Techniques so as
to enable them to face the challenges of competitive
world and make them industry ready.
To establish linkages with various bodies
in society like industries, service sectors, academic &
professional institutions etc.
13
GOALS
14. 14
Overview - Course Structure
Trimester System
Each trimester is
of about 10 weeks
Four papers in
each trimester
Includes Lectures,
Practical,
Tutorials, Internal
Assessment
15. 15
Course Structure
M. Sc. Statistics
Part I
11 papers11 papers
Excel, R, SPSS in
Trimester I, II, III
respectively
Excel, R, SPSS in
Trimester I, II, III
respectively
Business Statistics
and Project
Management
Business Statistics
and Project
Management
M. Sc. Statistics
Part II
9 papers9 papers
SAS (Predictive
Modelling) in
Trimester IV
SAS (Predictive
Modelling) in
Trimester IV
Project workProject work
Summer Internship
– May to July.
16. M. Sc. Statistics Part I
16
Course Structure
II
Distribution
Theory
Sampling
Theory &
Applications
Linear Algebra
& Numerical
Methods
MS Excel
IIII
Probability
Theory &
Applications
Probability
Theory &
Applications
Linear Models
R
IIIIII
Testing of
Hypothesis
Regression
Analysis
Business
Statistics and
Project
Management
SPSS
M. Sc. Statistics Part II
Soft Skills
IVIV
Multivariate
Analysis
Designs of
Experiments
SAS (Predictive
Modelling)
VV
Non-Parametric
Inference
Stochastic
Processes
Project &
Dissertation
VIVI
Optimization
Techniques
Time Series
Analysis
Elective- I
Elective- II
Project Work
18. About Business Statistics & Project Management
18
• Course during trimester III
• Preparation for project work
• Topics covered
Business Application across areas
Total Quality Management
Six Sigma Methodology & Case Studies
Project Formulation
Project Implementation, Monitoring & Control
Project Documentation
20. Monitoredby Project Monitory Committee (PMC) 20
Projects
In a group of 2-3
students.
Starts in III Trimester
Continues in IV and V
Trimester
Presentations in V/VI
Trimester
21. Selection of quality projects relevant to M. Sc. Statistics
course and of value to the industry.
Guidance to the students for formulating project plan and
smooth implementation.
Evaluation of the project.
Purpose of PMC (Statistics)
Project Monitory Committee
Comprises of experts from Industry and Academics
22. Evaluation of Projects
External Expert
Report
Writing
(50)
Presentation
(50)
PMC
Members
(50)
Internal Faculty
Summer
Internship
(10)
Final Project
(40)
23. Groups Composition – 2014 – 2015
• Nandini, Akshay & Chaitali
• Telecom Analytics - Idea Cellular Pvt. Ltd.
Group 1Group 1
• Parita & Prasun
• Fraud Analysis (Insurance) - Future Generali
Group 2Group 2
• Gaurav, Smita & Kalpesh
• Marketing Research - Brandscapes
Group 3Group 3
• Sayalee, Siddhi & Ravi
• Credit Risk (Banking ) - AxiomConnect InfoSolutions
Group 4Group 4
• Meghna, Palak & Sachin
• Banking Analytics - Federal Bank
Group 5Group 5
26. Summer Internships 2013 – 2014
4 4
2
1 1 1 1 1
0
1
2
3
4
5
Reserve Bank of
India
Ananto State Bank of
India General
Insurance
SAS Institute
India
Reliance
General
Insurance
Dena Bank IMS Health Derivados
Consulting Pvt.
Ltd
No. of students
29. Sectoral Highlights 2013 - 2014
• Consecutive Placement this year in the
Consultancy field (TCS)
• Consecutive Placement in the Reinsurance
field (Willis)
• Entry into Scientific Process Organization
30. Package Highlights 2013 - 2014
Average Package 4.20 L p.a.
Highest Package Offered 7.25 L p.a.
3.73
4.2
6.3
7.25
2.7 2.8
2012-2013 2013-2014
Comparison
Average Package Highest Package Lowest Package
38. 38
Mr. Srikanth
Co-founder and CEO, Fractal Analytics
The future of Analytics
Mr. Srikanth
Co-founder and CEO, Fractal Analytics
The future of Analytics
Dr. Debjit Biswas
Vice President, Clinical Development and Head of
Biostatistics & Data Management,
Piramal Enterprises Ltd
The role of Statisticians in Clinical Trials.
Dr. Debjit Biswas
Vice President, Clinical Development and Head of
Biostatistics & Data Management,
Piramal Enterprises Ltd
The role of Statisticians in Clinical Trials.
39. 39
Ms. Smita Tibrewal
Head - Motor Underwriting - Reliance General
Insurance
The different aspects of general insurance
Ms. Smita Tibrewal
Head - Motor Underwriting - Reliance General
Insurance
The different aspects of general insurance
Dr. Abhiman Das
Director, Statistical Analysis Division, Department of
Statistics and Information Management, Reserve
Bank of India, Mumbai
Statistics in Reserve Bank of India – Some
Reflection
Dr. Abhiman Das
Director, Statistical Analysis Division, Department of
Statistics and Information Management, Reserve
Bank of India, Mumbai
Statistics in Reserve Bank of India – Some
Reflection
40. 40
Ms. Bhavyata Dave
Adjunct Assistant Professor (Soft Skills), NMIMS
Little Things Matter – How and Why one
should develop a humane approach and
attitude towards life.
Ms. Bhavyata Dave
Adjunct Assistant Professor (Soft Skills), NMIMS
Little Things Matter – How and Why one
should develop a humane approach and
attitude towards life.
Soft skills are an integral part of our curriculum helping
students prepare for the corporate world.
42. 42
R training workshops were held by
• Prof. Madhvi Jardosh
Associate Professor, Department of Statistics, K. J. Somaiya College of Science and
Commerce
• Prof. Aarati Kore
Assistant Professor, Department of Statistics, K. J. Somaiya College of Science and
Commerce
• Dr. Jyothi Subramanian
Biostatistician - Consultant & Research Scientist.
43. 43
National Education Day is celebrated annually by School of Science through different
kinds of competition like Quiz, Poster making, Presentation etc.
National Education Day
Dr. M. N. Welling, Pro - Vice Chancellor (NMIMS)
Data Speaks for itself
Dr. Varde, External Academic Advisor , Warwick University
Role of Statistics in the field of Biomedical
44. 44
Student Activities-2013
• Participation in Project Presentation Competition
Students won second prize in the
project presentation competition
Organized by International Statistical
Institute’s Outreach Committee for South
Asia to celebrate
International Year of Statistics 2013
46. 46
NMIMS and SAS join hands to propel India's leap in Analytics
Partnership
47. Contact details
47
Students interested in applying for
admission should visit our web site to learn more.
http://science.nmims.edu/
Employers interested in hiring M. Sc. Statistics
graduates or sponsoring projects should
visit our mail us at
SOS.Placementcell@nmims.edu
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