Master of Science in Statistics

Master of Science in StatisticsCareer -> Course -> Outcomes

Prof. Sunil S. Shirvaiker

Associate Professor (Statistics), In-Charge Project Monitoring Committee (Statistics),

& Area Chairperson Placements (School of Science).

November 2014

Email: [email protected]

Website: http://science.nmims.edu/

Introduction

• Graduation

– turning point of career

• Future Options depends

– individual interest

Options after Bachelor Degree

Search for Jobs

Pursue Higher Education

(M. Sc./Actuarial Science/MBA/others)

Job Prospects

after M.Sc. Statistics

Statistical Analyst

Business Statistician

Data Modeler

Data Analyst

Analytical Consultant

Business Analyst

Education Sector

SAS Programmer

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)

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

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.

NMIMS - School Of Science

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.

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

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.

12

Course Structure

M. Sc. Statistics

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

Overview - Course Structure

Trimester System

Each trimester is of about 10 weeks

Four papers in each trimester

Includes Lectures, Practical,

Tutorials, Internal Assessment

15

Course Structure

M. Sc. Statistics Part I

11 papers 11 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 papers 9 papers

SAS (Predictive Modelling) in Trimester IV

SAS (Predictive Modelling) in Trimester IV

Project workProject work

Summer Internship

– May to July.

M. Sc. Statistics Part I

16

Course Structure

I I

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

VIVIOptimization Techniques

Time Series Analysis

Elective- I

Elective- II

Project Work

17

MS-Excel

SPSS

R

SAS – Enterprise Guide

– Enterprise Miner

Software

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

19

Projects

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

� 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 CommitteeComprises of experts from Industry and Academics

Evaluation of Projects

External Expert

Report Writing

(50)

Presentation (50)

PMC Members

(50)Internal Faculty

Summer Internship

(10)

Final Project (40)

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

Department of Statistics

Placement Report

2013 - 2014

Summer Internship

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

Final Placements

28

PLACEMENTS: Sector Wise Distribution 2013 - 2014

• Scientific Process OrganizationSciformix

Tata Technologies

• Reinsurance/insuranceWillis

Capita

• ConsultancyTCS

Cartesian

• Marketing/ Advertising ServicesRediffusion - Wunderman

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

Package Highlights 2013 - 2014

Average Package 4.20 L p.a.

Highest Package Offered 7.25 L p.a.

3.734.2

6.3

7.25

2.7 2.8

2012-2013 2013-2014

Comparison

Average Package Highest Package Lowest Package

Recruiters

31

Department of Statistics

Student Profile

M. Sc. Stats Students – Batch wise Trend

10

15

8

11

7

1314

30

0

5

10

15

20

25

30

35

2007-09 2008-10 2009-11 2010-12 2011-13 2012-14 2013-15 2014-16

(exp)

No. of students

Student Profile 2013 - 2015

Bhavan’s (4) Mithibai (3) St. Xavier’s (3) Ruia (1) Sathaye (1)RAMNIRANJAN

JHUNJHUNWALA (1)

60% - 70%

53%

70% - 80%

27%

80% and

above

20%

TY B. Sc. %

Student Profile 2014 - 2016

Bhavan’s (3) Mithibai (3) St. Xavier’s (2) Ruia (8) Sathaye (1) K J Somaiya (4)RAMNIRANJAN

JHUNJHUNWALA (2)

60% - 70%

17%

70% - 80%

28%80% - 90%

41%

90% and above

14%

TY B. Sc. %

Student Profile

10

15

811

7

1314

30

0

10

20

30

40

2007-09 2008-10 2009-11 2010-12 2011-13 2012-14 2013-15 2014-16 (exp)

No. of students

Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai

Bangalore Gujarat Bangalore Kanpur

Bangalore Jaipur

Satna

Beed

Bikaner

Bhilai

Western

Mumbai,

16, 54%Central

Mumbai,

13, 43%

Navi

Mumbai,

1, 3%

Activities at School of Science -

Guest Lectures and Workshops

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

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

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.

41

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

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 itselfDr. Varde, External Academic Advisor , Warwick University

Role of Statistics in the field of Biomedical

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

45

Willis - Brand and Catastrophe Awareness Session

Placement Activities

46

NMIMS and SAS join hands to propel India's leap in Analytics

Partnership

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

[email protected]

AD1

Slide 47

AD1 Ashita Dara, 08-11-2014