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Master’s in Statistics
If you want to pursue a Master’s degree in Statistics, then you are in good stead; numerous schools worldwide offer Master’s degree programs in this field. A top decision may be whether to pursue statistics or applied statistics. Students coming out of both program types possess much of the same knowledge and qualify for many of the same jobs, but applied statistics is geared more toward real-world study. Statistics, on the other hand, takes more time to study theoretical foundations. As an example, a linear regressions analysis class in applied statistics trains students more on how to use a computer to interpret analyses, while a statistics student would learn more about the theory behind linear regressions analysis.
What Is a Master’s in Statistics?
If you are interested in a statistics doctorate degree, want to be involved in statistics research or seek a career as a professor, then a Master’s in Statistics may serve you better than a Master’s in Applied Statistics. In any case, schools offering a Master’s in Statistics include the University of Chicago in the US and the University of North Carolina, also in the US. In the UK, they include Imperial College London; Australia and Canada are among the many other countries offering study in this field.
Features of such a Master’s program typically include:
- Compulsory courses that ensure knowledge in areas such as computational statistics, probability theory and statistical inference.
- Optional courses that allow for some specialisation.
- A significant research project that enables study in either theoretical or practical issues.
Many doctorate students in fields such as sociology, economics and physics also take a Master’s in Statistics program at the same time they pursue doctoral studies.
What Are the Benefits of Earning a Master’s in Statistics?
Many students who earn a Master’s in Statistics enjoy advantages such as improved career and salary prospects compared with a bachelor’s degree. To outline a few of the other benefits:
- Students can choose from a wide range of schools and programs across the world.
- Students can explore an area or topic of interest with their research projects.
- Faculty members are accomplished, with proven credentials in mathematics, computer science, statistics and more.
- Students develop skills such as logical thinking, problem analysis, research and collaboration.
- The degree serves as the steppingstone to a doctorate for some students.
Before admission to a Master’s program in Statistics, students should have undergraduate classes in calculus, probability and statistics. Knowledge of computer science is immensely helpful as well.
What Kind of Career Can You Expect with a Master’s in Statistics?
A Master’s in Statistics can lead to many careers. Graduates work in fields such as:
- Consumer safety
For example, a genetics statistician participating in a plant breeding research project might create profiles of certain desirable and undesirable genetic characteristics in the plants. Furthermore, the statistician would calculate the probabilities of these traits occurring and monitor results to pave the way for optimal breeding in the future.
Graduates of Master’s degree programs in Statistics have varied career possibilities. Many colleges and universities worldwide offer study in this area, and there is no time like the present to explore your opportunities.
Southampton, United Kingdom
- 67SchoolApply Rank
- USD 24,272Average Tuition
- 0Acceptance Rate
University of Southampton (Southampton) is a public institution located along the University Road in Southampton, United Kingdom. Southampton offers a wide range of master's degree programs across its five academic faculties namely: Arts and Humanities; Engineering and Physical Sciences; Environmental and Life Sciences; Medicine; and Social Sciences....
Irvine, United States
- 76SchoolApply Rank
- USD 28,000Average Tuition
- 30%Acceptance Rate
The University of California - Irvine is a member of the prestigious Association of American Universities with a campus in Irvine; a suburban area in California, U.S.A. Through its faculties, the university offers over master’s degree programs....
Chicago, United States
- 170SchoolApply Rank
- USD 42,430Average Tuition
- 74%Acceptance Rate
The University of Illinois at Chicago (UIC) is a public research university in Chicago, Illinois, United States and has 15 academic schools through which it offers interesting master’s degree programs in a wide range of subject areas....
Chicago, United States
- 201SchoolApply Rank
- USD 52,402Average Tuition
- 70%Acceptance Rate
DePaul University is a private Catholic University located in Chicago, Illinois, US. DePaul University offers master's degre programmes in fields including Business, Engineering, Computer Science, Social Sciences and more. DePaul University is accredited by the Higher Learning Commission to grant master's degree programmes. ...
Tallahassee, United States
- 210SchoolApply Rank
- USD 20,043Average Tuition
- 55%Acceptance Rate
Florida State University, established in 1851, is a research-intensive University located on the oldest continuous site of higher education in the state of Florida in its capital city of Tallahassee, USA. The University offers a number of master's degree programs from its various Colleges including Fine Arts, Business, Engineering and Arts & Sciences....
Birmingham, United States
- 224SchoolApply Rank
- USD 34,549Average Tuition
- 86%Acceptance Rate
The University of Alabama at Birmingham (UAB) is a public research university in Birmingham, Alabama, United States. Through its twelve faculties, the university delivers master’s degree programs in the fields of accounting, anatomical science, anthropology of peace and human rights, art history, biology, biomedical and health sciences, biostatistics, business administration, civil engineering, clinical laboratory sciences, clinical pathologist assistant, clinical/medical social work, engineering, mechanical engineering, nuclear medicine technology, nurse anesthesia and many more. ...
Pullman, United States
- 242SchoolApply Rank
- USD 25,000Average Tuition
- 72%Acceptance Rate
Washington State University (WSU) is a public research institution with its main campus in Pullman, Washington, USA. WSU is comprised of several other campuses in the country and offers a wide variety of master's degree programs. ...
Tampa, United States
- 245SchoolApply Rank
- USD 15,900Average Tuition
- 0Acceptance Rate
The University of South Florida (USF) is a public research institution located in the city of Tampa, Florida, United States. The university has three campuses through which it delivers master’s degree courses in the fields of health professions and related programs, business, management, marketing, and related support services, biological and biomedical sciences, social sciences, psychology, architecture, liberal arts, education and visual and performing arts....
Fort Collins, United States
- 250SchoolApply Rank
- USD 27,600Average Tuition
- 78%Acceptance Rate
Colorado State University (CSU) is a public research university located in Fort Collins, Colorado. The university faculties through which it delivers master’s degree programs in the fields of teaching extension, conservation leadership, arts leadership and cultural management, accountancy, addiction counseling, agricultural sciences, data science specialization, statistical science specialization, anthropology, communication studies, economics, English Language, history, languages, literatures, and cultures, philosophy, political science, sociology and many more. ...
Dubai, United Arab Emirates
- 251SchoolApply Rank
- USD 31,500Average Tuition
- 29%Acceptance Rate
American University (AU) is a student-centered research University located in Washington DC, USA. The institution offers 87 postgraduate master’s degree programs through its eight schools of Arts & Sciences, Business, Communication, Education, International Service, Professional & Extended Studies, Public Affairs and Law....