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A Master’s in Statistics degree from a Canadian university is a smart option for those looking for higher wages and more job choices. Students who have a strong background in maths and the study of data may elect to investigate statistics more with this degree. Generally, postgraduate statistics study may allow you to specialise in financial statistics, measurement, bio-statistics or scientific statistical data. Most programs admit graduate students who demonstrate a solid understanding of advanced calculations and mathematics.
What Is a Master’s in Statistics?
Pursuing graduate study in statistics at a Canadian university requires one or two years of full-time coursework. Some programs are more focused on specific aspects of statistical analysis. Students may find options for either part-time study or a dedicated full-time course load. Program participants may often have to develop their own statistical analysis research project throughout their time at the university. Schools that have programs awarding a Master’s in Statistics are McGill University, University of Calgary, McMaster University and University of Victoria, British Columbia.
When a student is part of a Master’s in Statistics program, he or she must take many advanced maths classes. They must learn about collecting and interpreting numerical data. Learning about data design may be part of a program as well. For specific types of statistical processes, a student may additionally develop an understanding of the purpose of the data. Possible courses that students in advanced statistics programs take include:
- Statistical Methods: Students learn about the techniques to use in order to measure, describe and analyse data.
- Theory of Statistics: A theory course is necessary to develop a deep understanding of probability and its outcomes.
- Linear Models: Some programs may offer courses examining linear models and instruction on how to create a model for statistical study.
- Technology and Statistics: To prepare for a career in this field, students must learn about the different computer programs used for analysis.
- Statistical Research: At the end of the course of study, it is common to have a research project that involves collecting, measuring and analysing data.
What Are the Benefits of Getting a Master’s in Statistics in Canada?
Getting a Master’s in Statistics is a great way to put yourself in a position to make a significant amount of money. Individuals with expertise in maths subjects are in high demand in private or public sector work. Specialising in the field of statistics gives yourself even more of an advantage over other experts in mathematics. This versatile field can help you discover job openings in a variety of industries. Taking courses in this subject also helps you gain an even deeper understanding of how data works and how it is interpreted. Students who want to go even further in their studies and pursue a doctoral degree get closer to this goal as well.
What Kind of Career Can You Expect With a Master’s in Statistics?
Having a Master’s in Statistics can help you get a job as a statistician in several fields. Most commonly, you may find a high-paying job in a government agency, either national or provincial. Statisticians are also employed by government or private health organisations. In the private sector, people with a background in statistics can work with businesses developing products, researching consumer behavior or analysing risk.
If you aim to work in a government field, you may find a job as a statistician helping improve public policy. The public policy work may be helping your region develop better economic situations, improved traffic conditions or stronger defense strategies. In healthcare, statisticians can be used to find out risk for developing disease or assist with research into specific treatments or drugs. Private companies find statistics work helpful when designing marketing campaigns. Additionally, quality control of specific products can be made better with the use of a statistician. Companies that have a risk management department may use statistics to get a better understanding of certain risks. Pursuing even more study with a doctorate degree in statistics is also an option.
When you are ready to do more with your understanding of statistics and take your career to another level, a master’s degree may be a smart choice. If you are looking for a new challenge, and you have a strong level of interest in maths, this degree could be for you. Find a program that meets your requirements and matches your preferences to get closer to your goals.
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