Indian Statistical Institute announces Postgraduate Diploma in Applied Statistics
100% Online Course via Coursera
The Indian Statistical Institute has announced its PG Diploma course in Applied Statistics. The curriculum features two levels: basic and advanced. Both levels cover six subjects, and the advanced level features two specialized tracks: Official Statistics and Data Analytics.
The course duration is 12 months & is being offered 100 % online via Coursera. The total tuition fee of the programme is INR 4,50,000 or USD 6,000. Students will be required to make a payment of Rs. 38,000 (or $500 USD for students outside of India) at the time of registration. This fee will be adjusted with the first semester fee.
The applications for the August 2022 cohort are open. Priority application deadline is June 30, 2022. Final application deadline is July 31, 2022. Classes for the August 2022 cohort will begin on August 28, 2022.
Students can expect to learn basic statistics & probability, statistical methods such as ANOVA & Chi-Square Test. Students will also learn to apply methods of survey sampling for inferring about a population, select an appropriate sample for a given situation, and use R to compute estimates for population parameters and associated standard errors along with the basics of microeconomics, macroeconomics, and national accounts.
Official Statistics Specialization focuses on Social & Economic Statistics - diving deeper into vital statistics such as labour & employment statistics, health & education surveys, time surveys. This course covers key economic areas like agriculture and allied sector statistics, including area and yield estimation, surveys for estimating output of livestock products, and surveys for estimating marine fish catch and inland fish production.
Data Analytics Specialization starts the track by teaching the fundamentals of R and Python. The course also covers the topics such as multiple correlation and R-square, prediction, estimation versus prediction errors, subset selection, residual and leverage, outliers, and more.
Founded in 1932, The Indian Statistical Institute functions under the Ministry of Statistics and Programme Implementation (MOSPI) of the Government of India and is involved in high impact projects involving large data and also trains the key officers of the ministry.