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Quick Facts

Medium Of InstructionsMode Of LearningMode Of Delivery
EnglishSelf StudyVideo and Text Based

Course Overview

In recent years, the use of data has increased significantly in the fields of finance, economics, science, and humanities. The Applied Statistics and Econometrics online course offered by Swayam has been carefully curated by the faculty at IIT Kanpur. The program runs for 12 weeks and explores the field of statistics and moves on to the concept of linear regression and causal inference. 

Furthermore, the Applied Statistics and Econometrics certification course will teach you how to perform quantitative analysis of social sciences data. The program is suitable for both undergraduate and postgraduate students, and the curriculum uses examples from various fields of social science that will benefit students from different streams.

The Applied Statistics and Econometrics certification syllabus includes tutorials, regular assignments, and software sessions to help you thoroughly understand the course material. What’s more, you can earn an e-certificate on completion by qualifying in a proctored exam after finishing the program.

The Highlights

  • Designed by IIT Kanpur
  • AICTE approved FDP course
  • Assignments and regular tests 
  • 12 weeks course
  • Final assessment (as a proctored exam) 
  • Undergraduate/Postgraduate level
  • E-verifiable certificate on completion
  • Mathematics subject
  • Online medium 
  • Well-curated syllabus

Programme Offerings

  • IIT Kanpur
  • Course on statistics
  • Core subject
  • AICTE approved
  • Instructor from IIT
  • Online Course
  • Course Certification
  • regular assessments
  • Final assessment exam
  • In-course tests
  • Postgraduate-level training
  • Course by Swayam

Courses and Certificate Fees

Fees InformationsCertificate AvailabilityCertificate Providing Authority
INR 1000yesIIT Kanpur

The Applied Statistics and Econometrics training is free for all, but you will have to pay a fee to register for the proctored exam. 

Applied Statistics and Econometrics course fee structure 

Course 

Total Fee 

Applied Statistics and Econometrics Online Course

FREE course

Exam (Proctored) Fee

Rs 1000


Eligibility Criteria

You must have studied mathematics at high school or +2 level to join this course.

Certificate Qualifying Details

To be eligible for the Applied Statistics and Econometrics online course certification, you must attend the proctored test and course assignments and have a valid overall score. 

What you will learn

Statistical skillsData science knowledgeKnowledge of Econometrics

After finishing the Applied Statistics and Econometrics program, you will gain complete knowledge of the topics given below: 

  • Basic knowledge of statistics and their function and application.
  • Fundamental understanding of the basic principles in econometrics.
  • Extraction of valuable information from massive data using statistics and probability.
  • Solving real-life problems with the help of meaningful data.

Who it is for

The Applied Statistics and Econometrics certification will benefit students pursuing these courses- B Tech/ B Sc/BA (Honours), M Com, MA, and Ph.D. program (in sociology and psychology disciplines)


Admission Details

To apply to the online course of your choice, you must follow these steps:

  • Visit the Swayam website by using this link: https://swayam.gov.in/.
  • Register or sign in to the website by using your email ID, username, and password.
  • Search for your desired course and open the web page. 
  • Check the availability of the course and click on ‘Join’ if the course has not yet started.
  • After you have successfully enrolled, start learning the course.

Application Details

The Applied Statistics and Econometrics training does not have an application form so you must register or sign in by entering your email address and password on the Swayam website.

The Syllabus

  • Introduction (2)
  • Descriptive Statistics (2)
  • Random variable (1)

  • Probability distributions (2)
  • Sampling (1)
  • Estimation (2)

  • Sampling distribution (2)
  • Hypothesis testing (3)

  • Analysis of variance (3)
  • Contingency table and Chi-squared test (2)

  • Index number (1)
  • Correlation & Regression (2)
  • Trend and seasonality in time series data (2)

  • Tutorial (1)
  • Software sessions (4)

  • Classical linear regression model (CLRM) and statistical inference (5)

  • Model specification issues (2)
  • Violations of CLRM assumptions (3)

  • General linear model – relaxation of CLRM assumptions (5)

  • Dummy variable and its uses (2)
  • Logit model (3)

  • Time series econometrics (5)

  • Software sessions (5)

Evaluation process

The course on Applied Statistics and Econometrics consists of regular assignments that carry a 25% weightage in your final score, whereas the proctored exam marks will hold a 75% weightage. 

To receive the Applied Statistics and Econometrics certification, candidates must have a final score of 40/100.

Instructors

IIT Kanpur Frequently Asked Questions (FAQ's)

1: Which university is responsible for curating this course?

The Applied Statistics and Econometrics course has been comprehensively designed by IIT Kanpur, which is a prestigious university.

2: Can I give the final exam from home?

No, the proctored exam will be held in examination centers which will be allotted to you by Swayam.

3: What is the timing of the exam?

The proctored exam will be held in two different sessions- The morning session (9 am-12 pm) and the afternoon session (2 pm-5 pm).

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