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Thursday, May 30, 2019

Data Science Boom Escalates, Colleges To Increase Cut-Off Marks For Statistics Courses | Analytics India Magazine

The data science and AI boom has begun to exhibit effects on other parts of the talent pipeline, reports Anirudh VK, AI enthusiast and love keeping up with the latest events in the space.

Photo: Analytics India Magazine
Universities have now begun increasing the cut-off marks for statistics across Pune, showing the rising need for statisticians in data science.

Undergraduate courses in colleges now have over 90% as the cut-off rates for statistics. The course is normally open for any students who have taken science and have an aptitude for numbers and logic. Seats are also scaling up in numbers, owing to the higher demand for Bachelor’s and Master’s courses for statistics.

Moreover, with the rise of big data and analytics, there is a need for statisticians and similarly skilled professionals in the job market. A variety of verticals such as banking, financial services, market research, and more heavily utilize statistics and, by extension, statisticians...

This, along with a background in computer science and handling large amounts of data, is usually the kind of candidate many big companies are looking for. Many have noticed this trend and are looking to make it a part of their career as well, owing to the lucrative pay and growth in the future.
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Source: Analytics India Magazine