Description
Course Name: Advanced Diploma in Statistics
Course Id: ADS/Q1001.
Eligibility: 10+2 (higher Secondary) or Equivalent.
Objective: To deepen understanding of statistical principles and their practical use. To prepare individuals for roles in industries like data science, finance, healthcare, and research.
Duration: Six Months.
How to Enroll and Get Certified in Your Chosen Course:
Step 1: Choose the course you wish to get certified in.
Step 2: Click on the “Enroll Now” button.
Step 3: Proceed with the enrollment process.
Step 4: Enter your billing details and continue to course fee payment.
Step 5: You will be redirected to the payment gateway. Pay the course and exam fee using one of the following methods:
Debit/Credit Card, Wallet, Paytm, Net Banking, UPI, or Google Pay.
Step 6: After successful payment, you will receive your study material login ID and password via email within 48 hours of fee payment.
Step 7: Once you complete the course, take the online examination.
Step 8: Upon passing the examination, you will receive:
• A soft copy (scanned) of your certificate via email within 7 days of examination.
• A hard copy (original with official seal and signature) sent to your address within 45 day of declaration of result.
Step 9: After certification, you will be offered job opportunities aligned with your area of interest.
Online Examination Detail:
- Duration- 120 minutes.
- No. of Questions- 60. (Multiple Choice Questions).
- 10 Questions from each module, each carry 10 marks.
- Maximum Marks- 600, Passing Marks- 40%.
- There is no negative marking in this module.
How Students will be Graded: | ||
S.No. | Marks | Grade |
1 | 91-100 | O (Outstanding) |
2 | 81-90 | A+ (Excellent) |
3 | 71-80 | A (Very Good) |
4 | 61-70 | B (Good) |
5 | 51-60 | C (Average) |
6 | 41-50 | P (Pass) |
7 | 0-40 | F (Fail) |
Key Benefits of Certification- Earning a professional certification not only validates your skills but also enhances your employability. Here are the major benefits you gain:
Practical, Job-Ready Skills – Our certifications are designed to equip you with real-world, hands-on skills that match current industry demands — helping you become employment-ready from day one.
Lifetime Validity – Your certification is valid for a lifetime — no renewals or expirations. It serves as a permanent proof of your skills and training.
Lifetime Certificate Verification – Employers and institutions can verify your certification anytime through a secure and reliable verification system — adding credibility to your qualifications.
Industry-Aligned Certification –All certifications are developed in consultation with industry experts to ensure that what you learn is current, relevant, and aligned with market needs.
Preferred by Employers – Candidates from ISO-certified institutes are often prioritized by recruiters due to their exposure to standardized, high-quality training.
Free Job Assistance Based on Your Career Interests – Receive personalized job assistance and career guidance in your preferred domain, helping you land the right role faster.
Syllabus
Fundamentals of Statistics: Definition and Scope of Statistics , Types of Data (Qualitative and Quantitative) , Data Collection Methods , Measures of Central Tendency (Mean, Median, Mode) , Measures of Dispersion (Variance, Standard Deviation) , Frequency Distributions and Graphical Representations , Skewness and Kurtosis , Probability Basics and Random Variables , Sampling Techniques and Errors , Applications of Statistics in Various Fields.
Probability Theory and Distributions: Concept of Probability and Axioms , Conditional Probability and Bayes’ Theorem , Random Variables (Discrete and Continuous) , Probability Distributions (Binomial, Poisson, Normal) , Expectation and Moments , Moment Generating Functions , Law of Large Numbers and Central Limit Theorem , Joint and Marginal Distributions , Transformation of Variables , Applications of Probability in Real-world Scenarios.
Statistical Inference and Estimation: Concept of Estimation , Point and Interval Estimation , Properties of Estimators (Unbiasedness, Consistency, Efficiency) , Maximum Likelihood Estimation (MLE) , Confidence Intervals for Mean, Variance, and Proportions , Sampling Distributions (t, Chi-square, F-distribution) , Central Limit Theorem and its Applications , Bootstrapping Methods , Bayesian Inference , Hypothesis Testing Fundamentals.
Hypothesis Testing and Decision Theory: Null and Alternative Hypotheses , Type I and Type II Errors , One-sample and Two-sample t-tests , ANOVA (One-way and Two-way) , Chi-square Tests (Goodness of Fit and Independence) , Non-parametric Tests (Mann-Whitney, Kruskal-Wallis) , Power of a Test and Sample Size Determination , Decision Theory in Hypothesis Testing , Sequential Analysis , Applications of Hypothesis Testing.
Regression Analysis and Correlation: Simple Linear Regression , Multiple Linear Regression , Polynomial Regression , Logistic Regression , Assumptions of Regression Models , Multicollinearity, Heteroscedasticity and Autocorrelation , Residual Analysis and Model Validation , Correlation Analysis (Pearson, Spearman) , Regression Diagnostics and Outlier Detection , Applications of Regression Analysis.
Multivariate Statistical Analysis: Introduction to Multivariate Analysis , Principal Component Analysis (PCA) , Factor Analysis , Cluster Analysis , Discriminant Analysis , Canonical Correlation Analysis , Multivariate Analysis of Variance (MANOVA) , Structural Equation Modeling (SEM) , Data Reduction Techniques , Applications in Market Research and Social Sciences.
Job Opportunities after completion of Advanced Diploma in Statistics course:
Graduates of the Advanced Diploma in Statistics program are well-prepared for a variety of roles in data analysis, research, quality control, and statistical modeling across multiple sectors. With strong expertise in data collection, analysis, interpretation, and statistical software, these graduates can work in industries such as healthcare, finance, government, education, marketing, and more.
Career Options and Salary Range
1. Statistician
- Role: Apply statistical techniques to analyze data and interpret results to support decision-making processes. Statisticians are employed in various sectors, including government, healthcare, education, and research.
- Salary: ₹5–₹8 LPA; senior statisticians can earn ₹10–₹15 LPA.
2. Data Analyst
- Role: Collect, process, and analyze large datasets to identify trends, patterns, and insights that can drive business decisions. Data analysts work across industries like finance, marketing, healthcare, and tech.
- Salary: ₹6–₹10 LPA; experienced data analysts can earn ₹12–₹18 LPA.
3. Data Scientist
- Role: Use advanced statistical techniques, machine learning algorithms, and programming skills to analyze complex data and build predictive models. Data scientists work in diverse industries, particularly in tech and finance.
- Salary: ₹8–₹15 LPA; senior data scientists can earn ₹20–₹35 LPA or more, depending on the company and expertise.
4. Quantitative Analyst
- Role: Apply statistical models and mathematical methods to financial markets to identify investment opportunities, manage risks, and optimize portfolios.
- Salary: ₹10–₹20 LPA; senior quantitative analysts can earn ₹30–₹50 LPA in high-demand industries like investment banking and hedge funds.
5. Market Research Analyst
- Role: Collect and analyze data on consumer behavior, market trends, and competitor activities to help companies make informed marketing decisions. They often work in advertising, consumer goods, and consulting.
- Salary: ₹4–₹8 LPA; senior market research analysts can earn ₹10–₹15 LPA.
6. Biostatistician
- Role: Apply statistical methods to biological, medical, or health-related research. Biostatisticians often work in public health, pharmaceuticals, or research organizations to analyze clinical trials, health data, and medical surveys.
- Salary: ₹6–₹10 LPA; experienced biostatisticians can earn ₹12–₹18 LPA.
7. Actuary
- Role: Use statistical models to assess risk and uncertainty in insurance, pensions, finance, and investment. Actuaries analyze data to calculate probabilities and help organizations make financial decisions.
- Salary: ₹8–₹15 LPA; senior actuaries can earn ₹20–₹40 LPA.
8. Operations Research Analyst
- Role: Apply mathematical and statistical methods to help organizations solve complex problems related to operations, logistics, production, and supply chain management.
- Salary: ₹6–₹12 LPA; senior operations research analysts can earn ₹15–₹25 LPA.
9. Econometrician
- Role: Use statistical and econometric techniques to analyze economic data and forecast economic trends. Econometricians are employed in government departments, research institutions, and financial services.
- Salary: ₹7–₹12 LPA; senior econometricians can earn ₹15–₹25 LPA.
10. Statistical Programmer
- Role: Write code to organize, analyze, and interpret complex data. Statistical programmers are often employed in healthcare, pharmaceuticals, and research, where they use statistical software like SAS, R, or SPSS.
- Salary: ₹5–₹8 LPA; experienced statistical programmers can earn ₹10–₹15 LPA.
11. Research Scientist (Statistics)
- Role: Conduct research and experiments using statistical techniques to support advancements in fields such as healthcare, agriculture, engineering, and social sciences.
- Salary: ₹6–₹10 LPA; senior research scientists can earn ₹12–₹18 LPA.
12. Risk Analyst
- Role: Use statistical models and data analysis to identify, assess, and mitigate financial risks for companies. Risk analysts often work in banking, insurance, and investment firms.
- Salary: ₹7–₹12 LPA; senior risk analysts can earn ₹15–₹25 LPA.
13. Clinical Data Manager
- Role: Manage and analyze clinical trial data in the pharmaceutical or healthcare sector. They ensure the integrity and accuracy of clinical data used in medical research and drug development.
- Salary: ₹6–₹10 LPA; senior data managers can earn ₹12–₹18 LPA.
14. Business Intelligence Analyst
- Role: Gather, analyze, and interpret business data to provide actionable insights for organizational growth. Business intelligence analysts help in decision-making processes within companies.
- Salary: ₹6–₹10 LPA; senior analysts can earn ₹12–₹18 LPA.
15. Education and Training Roles (Statistical Education)
- Role: Teach statistics at the high school, undergraduate, or postgraduate level, or provide corporate training in statistical methods and tools.
- Salary: ₹4–₹8 LPA for teachers; corporate trainers can earn ₹8–₹15 LPA depending on the training organization.
Salary Growth Overview
- Entry-level: ₹4–₹8 LPA (roles like Market Research Analyst, Biostatistician, or Data Analyst)
- Mid-level: ₹6–₹12 LPA (roles like Data Scientist, Risk Analyst, or Operations Research Analyst)
- Senior-level: ₹12–₹50 LPA (roles like Quantitative Analyst, Senior Data Scientist, or Actuary)
Salaries can vary based on industry, experience, and location. For example, professionals in major cities like Bengaluru, Mumbai, Delhi, or Hyderabad typically receive higher salaries due to the concentration of tech, finance, and healthcare industries. Graduates with specialized skills in software tools like R, SAS, Python, or machine learning can command higher salaries. Those working in high-demand sectors like finance, investment, and technology are likely to earn more compared to those in academia or research roles.