You are on page 1of 33

Online Masters in

Introduction Best Programs Program Details


Statistics

When we are talking about statistics, we are


talking about numerical facts. An essential
branch in the tree of knowledge, statistics
enables you to establish a better
understanding of the collection, presentation,
analysis, and interpretation of data. A simple
de몭nition of statistics is that it is effectively
presenting large amounts of data in an
approachable way to the common man. The
requirement for statisticians is vast across the
globe in every industry. According to the US
News, Statisticians are ranked #1 in Best
Business Jobs, salaries, job market, and
growth. The median salary for statisticians
$73,184. In this guide, we will walk you through
how to get an online master’s in statistics that
will help your career to grow in this vast and
growing 몭eld.

Featured Online
Programs
Southern New
Hampshire University

Visit Website

Southern New Hampshire University is a


private, nonpro몭t, accredited institution
with more than 3,000 on-campus
students and over 60,000 online
students, making us one of the fastest-
growing universities in the country.
Founded in 1932, we’ve been relentlessly
reinventing higher education ever since
and have gained national recognition for
our dedication to helping students
transform their lives and the lives of those
around them.

We’re proud to provide a몭ordable,


accessible education that students can
pursue on our 300-acre campus in
Manchester, NH, over our innovative
online platform or at our regional centers
in Manchester, Nashua, Portsmouth and
Salem, NH, and Brunswick, ME.

SNHU has earned the GetEducated.com


Best Buy and Best of Business – Best
Online Degree awards and is consistently
ranked as a top Military Friendly® School
by G.I Jobs®.

Get More Info

Best Online
Master’s in
Statistics Program
Rankings
Download Seal

See Schools

According to the
Bureau of Labor
Statistics, there is a
never-ending rise in
demand for good
statisticians. With
the quali몭cation of
statistics education,
one can 몭nd
endless job
opportunities in
both the public and
private sectors.
Statistics is also an
evolving 몭eld. With
the introduction of
computer
technology, the
statistics 몭eld is
going through a
phase of major
transition. In this
computer age, data
scientists are
creating
sophisticated
algorithms to read
and analyze the
data. And they
heavily rely on
statistics for
creating an using
these data science
technologies. These
몭elds are becoming
diverse, and they are
progressing into
technologies such
technologies such
as Big Data,
Machine Learning,
and Data Analytics.
Read more about
Computer Data
Science here. In the
below best online
master’s in
statistics programs,
we listed some data
analytics subjects
that heavily use
statistical concepts.
Using our custom
methodology, we
created a list of best
online master’s in
statistics rankings
below:

Link to this Page

College Name & Address

#1
Texas A&M University
JKW Administration Building, Suite 200,
College Station, Texas 77843-1248

Tuition

$6,677

Graduation Rate

82%

College Name & Address

#2
North Carolina State University
North Carolina State University
2101 Hillsborough Street, Raleigh,
North Carolina 27695-7001

Tuition

$9,095

Graduation Rate

82%

College Name & Address

#3
Colorado State University
102 Administration Building, Fort
Collins, Colorado 80523-0100

Tuition

$10,520

Graduation Rate

70%

College Name & Address

#4
University Of South Carolina
Columbia-Campus, Columbia, South
Carolina 29208

Tuition

$13,737

Graduation Rate

77%
College Name & Address

#5
University of Texas, Rio Grande Valley
1201 W University Dr, Edinburg, Texas
78539-2999

Tuition

$5,959

Graduation Rate

NA

College Name & Address

#6
Southern New Hampshire University
2500 North River Road, Manchester,
New Hampshire 03106

Tuition

$18,810

Graduation Rate

44%

College Name & Address

#7
University Of Illinois, Spring몭eld
One University Plaza, Spring몭eld, Illinois
62703

Tuition

$8,270

Graduation Rate
54%

College Name & Address

#8
Pennsylvania State University World
Campus
28 Outreach Building, University Park,
Pennsylvania 16802

Tuition

$21,682

Graduation Rate

62%

College Name & Address

#9
Oklahoma State University
107 Whitehurst, Stillwater, Oklahoma
74078-1015

Tuition

$5,531

Graduation Rate

65%

College Name & Address

#10
Rochester Institute Of Technology
1 Lomb Memorial Dr, Rochester, New
York 14623-5603

Tuition

$47,522
$47,522

Graduation Rate

67%

College Name & Address

#11
University of Houston
212 E. Cullen Building, Houston, Texas
77204

Tuition

$8,370

Graduation Rate

61%

College Name & Address

#12
National University
11255 North Torrey Pines Road, La
Jolla, California 92037-1011

Tuition

$15,480

Graduation Rate

29%

College Name & Address

#13
Saint Louis University
One North Grand Blvd, Saint Louis,
Missouri 63103-2097
Tuition

$20,880

Graduation Rate

79%

College Name & Address

#14
University Of Maryland
College Park, Maryland 20742

Tuition

$13,158

Graduation Rate

87%

College Name & Address

#15
Indiana University
107 South Indiana Ave., Bloomington,
Indiana 47405-7000

Tuition

$9,501

Graduation Rate

79%

College Name & Address

#16
Oregon State University
1500 SW Jefferson Avenue, Corvallis,
1500 SW Jefferson Avenue, Corvallis,
Oregon 97331

Tuition

$12,933

Graduation Rate

67%

College Name & Address

#17
University of Kentucky
South Limestone, Lexington, Kentucky
40506-0032

Tuition

$12,055

Graduation Rate

66%

College Name & Address

#18
University of Idaho
875 Perimeter Drive MS 2282, Moscow,
Idaho 83844-2282

Tuition

$7,754

Graduation Rate

56%

College Name & Address


College Name & Address

#19
West Virginia University
PO Box 6201, Morgantown, West
Virginia 26506

Tuition

$10,134

Graduation Rate

61%

College Name & Address

#20
Dakota State University
820 N Washington Ave, Madison, South
Dakota 57042-1799

Tuition

$5,939

Graduation Rate

43%

College Name & Address

#21
Brandeis University
415 South St, Waltham, Massachusetts
02454-9110

Tuition

$51,940

Graduation Rate
87%

College Name & Address

#22
University Of Missouri
105 Jesse Hall, Columbia, Missouri
65211-1050

Tuition

$9,264

Graduation Rate

71%

College Name & Address

#23
University of Oklahoma
2501 E Memorial Rd, Edmond,
Oklahoma 73013

Tuition

$11,250

Graduation Rate

55%

College Name & Address

#24
Harrisburg University
326 Market Street, Harrisburg,
Pennsylvania 17101-2208

Tuition

$7,200
Graduation Rate

31%

College Name & Address

#25
Arizona State University
1475 N Scottsdale Rd, Scottsdale,
Arizona 85257

Tuition

$6,384

Graduation Rate

4%

College Name & Address

#26
Northwestern University
633 Clark St, Evanston, Illinois 60208

Tuition

$56,067

Graduation Rate

94%

College Name & Address

#27
Syracuse University
900 South Crouse Ave., Syracuse, New
York 13244

Tuition
$38,880

Graduation Rate

83%

College Name & Address

#28
University of West Florida
11000 University Parkway, Pensacola,
Florida 32514-5750

Tuition

$7,088

Graduation Rate

46%

College Name & Address

#29
American University
4400 Massachusetts Ave NW,
Washington, District of Columbia
20016-8001

Tuition

$30,351

Graduation Rate

79%

College Name & Address

#30
University of Delaware
104 Hullihen Hall, Newark, Delaware
104 Hullihen Hall, Newark, Delaware
19716

Tuition

$34,164

Graduation Rate

81%

Source  – Integrated Post Secondary Education Data


System & University Data
*Tuition rates are for in-state and per year. Program
speci몭c rates may apply.
**NA – data not available

Understanding an
Online Master’s in
Statistics Program

In today’s time and age, where the data


collection is sure to be never-ending,
statistics programs play a constructive role in
the collection, organizing, analysis, and
presentation of the data. It not only helps
them in making the right decisions to work
but also improve the many segments and
aspects of a company. Here is the
breakdown of online master’s in statistics
programs:

Online Master’s in Statistics Degree


Types

For a detailed and better understanding of


this subject, different universities offer
Masters in Statistics in different formats.
Here are the three different types of degrees.
MAS Degree – Master of Arts in Statistics

In today’s data dominated employment


structure, the Masters of Arts in Science
degree is a boon, as it allows you not just to
collect and analyze data but also to obtain
meaningful questions from which they are
sure to achieve precise and signi몭cant
results.

Masters of Science in Statistics Online

Master of Science degree in statistics refers


to the advanced training course, which deals
with mathematical and applied statistics in
an elaborated research environment.

Masters of Business Administration in


Statistics

One of the most popular courses. An MBA in


statistics offers to educate a person with
skills and knowledge that is vital for students
to draw inferences and conclusions from a
wide variety of data.

Specializations for an Online Master’s


Statistics

Online Master’s Course in Statistics is both


an affordable option for the students and a
great enhancer of statistical skills and their
careers. The online programs do not differ
much from the regular brick and mortar
institutions, as the tutors here also closely
monitor the regulation of the course among
the students. The specializations for an
Online Master’s Statistics consists of:

Area of Focus

Applied Statistics
Applied Statistics

Description

Specialization in Applied Statistics


helps the students in enhancing a
variety of skills such as managing
‘big’ data, ability to make inferences
using current and the evolving
methodologies, and many more. The
knowledge of applied statistics
helping in preparing for data analytic
and computing skills, paving the way
for better career opportunities. Here
are a few universities that offer
online masters in applied statistics:
University of Kentucky, Lexington
University of South Carolina

Careers

Statisticians
Data Scientists
Statistical Analysts

Area of Focus

Bio-Statistics

Description

This specialization is related to


public health, healthcare
professionals, and everyone who
comes under this umbrella.
Knowledge of Bio-Statistics is
required for every individual who is
involved in collecting summary
statistics from the public health and
biometrical data, adapt enough to
evaluate and interpret the outcome
evaluate and interpret the outcome
of various regression methods. Here
are a few universities that offer an
online master’s in biostatistics:
University of Florida, Gainesville
University of Louisville

Careers

Bio-statisticians
Research Analysts

Area of Focus

Probability and Statistics

Description

Probability and Statistics are two


different parts and specializations of
Statistics. In the ‘Probability’ class,
the students are taught the
probability of events happening and
related calculations. Whereas the
‘Statistics’ course comprises broad
types of methods to get the actual
statistics results that are numbers
you can use to generalize about
population. It is mostly used for the
survey and poll purposes of the
people.

Careers

Mathematicians
Operations Analysts
Market Research Analysts

Area of Focus
Area of Focus

Social Statistics

Description

Study of human behavior, social


environment, and representing the
same in the form of statistical data
is Social Statistics. It is a collection
of data or knowledge on an
individual, object, or occurrence of
an event. Here are a few universities
that offer an online master’s that
includes social statistics:
Fayetteville State University
Arizona State University

Careers

Economists
Social workers

Statistics Vs Applied Statistics

The general difference between statistics


and applied statistics is that of why and how
to let us look at the differences in a better
light. Statistics deal with scienti몭c discipline
and are a branch of mathematics. In contrast,
applied statistics is a term commonly used
for the non-mathematical courses, which
focus largely on how the statistic tools can
be applied for data analysis. While statistics
is a mathematical science that deals with
data collection, presentation, analysis, and
interpretation, applied statistics is about
calculation from the data in a sample that
could be related to a person, an event, etc.
Skills Gained in an Online Master’s in
Statistics Program

If you are still doubtful about the many


advantages of an online graduate statistics
course, then here is a list of pointers that is
sure to help create a clearer picture for you.

It enables one to conduct researches


effectively. Without statistics, it is impossible
to keep a check on the graphs, which are a
clear indicator of the progress made. If there
is no data for comparison, one will never 몭nd
out if they are moving forward or backward.
Online graduate statistics courses are a
great way to enable one with e몭ciency in
reading journals. Without a clear
understanding of the statistics, the
information on the journals is sure to be
meaningless. Basic knowledge of statistics
not only enables you with the fundamental
skills required to read and evaluate journals
but also to enrich and enhance your
experience.
It acts as a booster for critical and analytic
thinking skills.
Knowledge of any kind can never go waste.
With excellence guaranteed in statistics, you
must have a clear and better understanding
of any given information. Right from
establishing you as an expert in conducting
research, to be able to evaluate and
understand journals, further enhance critical
thinking and analytical skills to be an
informed customer, statistics are sure to
enable you to acquire the right set of skills.
Here are some of the courses that will thrive
your skills being a statistician:

Course

Probability
Probability

Description

Basic probability theory, random


events, dependence and
independence, random variables,
moments, distributions of functions
of random variables, weak laws of
large numbers, central limit
theorems.

Course

Data Analysis

Description

Analysis of data involving variables


of a de몭nite nature.
Independence/association test for
contingency tables, exact tests for
small counts, generalized linear
models, logistic regression models
for binary response variables, log-
linear models for count data,
analyses of ordinal variables, multi-
category logit models for multiple
category responses, and
applications.

Course

Applied Bayesian Analysis

Description

Introduction to Bayesian concepts of


statistical inference; Bayesian
statistical inference; Bayesian
learning; Markov chain Monte Carlo
methods using existing software
[SAS and OpenBUGS]; linear and
hierarchical models; model selection
and diagnostics.

Course

Mathematical Statistics

Description

A theoretical treatment of statistical


inference, including su몭ciency,
estimation, testing, regression,
analysis of variance, and chi-square
tests.

Course

Regression Methods

Description

Analysis of research data through


simple and multiple regression and
correlation; polynomial models;
indicator variables; step-wise, piece-
wise, and logistic regression.

Online Master’s in Statistics


Admission Requirements

The one course that has been gaining


immense popularity with the many
opportunities it has to offer is statistics. With
a huge demand for good statisticians across
the globe, a large number of students are
heading in this direction. However, before you
start your journey towards the path of
statistics programs, some universities have
these quali몭cation pre-requisites:

A year of single variable calculus


A course in multivariable calculus
A course in linear algebra
A course in statistics
A course in computer programming
Application form and fees
Some universities want GRE or GMAT scores
for admissions
Transcripts form undergraduate degrees
Letters of recommendation
Statement of Purpose

Accreditation for Online


Master’s in Statistics
Degrees

Accreditation is the process in which credit


or recognition is granted to educational
institutions with suitable standards. The
primary purpose of accreditation is to
improve education quality and enhance
public accountability. Read the Accreditation
Guide here. An Online Master’s in Statistics is
generally offered by business or math
schools within a university, and regional or
national level bodies accredit most business
schools. Below is one such agency that
issues accreditation to statistics programs.

American Statistical Association is one of


the organizations that offer accreditation
along with the complete course certi몭cation.

PStat® accreditation represents a


demonstrated level of educational and
professional experience, and this acts as a
measurement of accomplishment in society.
GStat accreditation is an entry-level of
accreditation that is also a preparation for
PStat® quali몭cation.

Online Masters in Statistics No GRE


Programs

All those out there aspiring for a career in


statistics, the good news is that many
universities worldwide are now admitting
students with no GRE program requirement.
It indicates that you do not have to go
through the hassle of GREs to pursue your
passion.

Below are a few universities that do not need


GRE for admission

North Carolina
State University

University of
Idaho

Pennsylvania
State University,
World Campus

How to Pay for


Online Master’s in
Statistics
Statistics

There is no denying that good education


from a good institute is sure to burn a hole in
the pocket. There are a variety of options for
paying for an online master’s program. See
the Best Financial Aid Guide to 몭nd out more
about 몭nancial aid and paying for online
master’s programs in statistics using FAFSA
and other sources. Some scholarships are
available for online master’s students
pursuing statistics. By availing scholarships,
they not only get a chance to pay a
considerable sum of their tuition fee but also
take care of other expenses like living,
accommodation, transport, etc. Here are
some scholarships for students that are
pursuing online masters in statistics:

Edward C. Bryant Scholarship:


Edward C Bryant Scholarship is
awarded to students to graduate
students for outstanding survey in
statistics. The award criteria include
performance in graduate school,
contribution to survey statistics, and
applied experience in survey
statistics. Award amount: $2,500
Deadline: Mar 1
Ellis R. Ott Scholarship: American
Society for Quality, Statistics Division
administers the Ellis R. Ott
Scholarship award for graduate
degree students in Applied Statistics
or Quality Management. The award
criteria include academic
achievement, career objectives,
demonstrated ability in the statistical
몭eld, etc. Award amount: $7,500
Deadline: Apr 1
Gertrude M. Cox Scholarship:
American Statistical Society
administers the Gertrude M. Cox
Award for women graduate degree
students pursuing a degree in
students pursuing a degree in
statistics. The goal of the award is to
encourage women into statistically
oriented professions. Two awards are
handed out each year: one for women
entering the graduate program and
another for women in advanced
stages of training. Selection criteria
include academic achievement,
career objectives, demonstrated
ability in the statistical 몭eld, etc.
Award amount: $1,000 Deadline: Feb
23
John J. Bartko Scholarship:
American Statistical Society
administers the John J. Bartko
Scholarship award for graduate
degree students in Statistics or
Biostatistics’ programs. The selection
process involves applicants, to write
a personal essay about personal
goals, about the American Statistical
Society conference, and real-world
applications of statistics. Award
amount: $1,000 Deadline: Dec 2

Careers and
Salary Outlook for
Online Master’s in
Statistics
Graduates

Over the years, statistics have become one of


the most preferred career choices for
students. Since this is one part of the highly
required knowledge in almost all sectors and
industries, the immense rise in demand of
good statisticians comes as no surprise.
With statistics being used in various 몭elds
such as business, agriculture, scienti몭c,
computer sciences, etc. There are endless
opportunities for a student in statistics in
private as well as government sectors.
According to resources like the Bureau of
Labor Statistics and PayScale, there are top
respondents for Statistician pro몭les from
many top companies. It is reportedly
mentioned that the salary for this title is
highest, with the average pay of $79,913 and
the lowest being $68,152. Companies like the
US Census Bureau and State Farm Insurance
Company, University of Michigan, and
Monsanto Company fall under the high payer
range.

Job Title

Statistical Analyst

Median Salary

$87,780

Job Growth (2018-2028)

31%

Description

Collection, analyzation, and


presentation of the data relevant to
the employer.

Job Title

Political Scientist

Median Salary
Median Salary

$117,570

Job Growth (2018-2028)

5%

Description

Evaluation of political systems using


statistical analysis

Job Title

Statistician

Median Salary

$92,030

Job Growth (2018-2028)

30%

Description

Statisticians use quantitative data


and apply mathematical and
statistical models to solve real-world
problems for businesses,
corporations, countries, etc.

Job Title

Operations Research Analyst


Median Salary

$83,390

Job Growth (2018-2028)

26%

Description

Organizations employ these


analysts to solve and prevent issues
from arising in the future.

Job Title

Medical Informatician

Median Salary

$84,810

Job Growth (2018-2028)

8%

Description

Using statistical analysis, medical


scientists explain human health.

Job Title
Sociologist

Median Salary

$82,050

Job Growth (2018-2028)

9%

Description

Improvement of social issues and


government policies using statistics.

Source: Bureau of Labor and Statistics, Payscale.com

Certi몭cations and
Licensing for
Statistics
Graduates

Certi몭cations and licenses are an extremely


vital part of any origination. It authenticates
their origin and demonstrates a level of skill
and knowledge that is necessary to perform
a speci몭c job. Non-governmental bodies
offer certi몭cations, whereas government
agencies give licenses. Some of the
certi몭cations given by the universities are
mentioned below:

Florida State University SAS


Certi몭cate in Statistical Methods –
Certi몭cate in Statistical Methods –
Florida State University along with
SAS institute, offers certi몭cations in
the following:

Undergraduate SAS Certi몭cate:


This certi몭cate is earned by taking
courses from the Department of
Statistics.
Undergraduate SAS Certi몭cate
with Honors: This provides
certi몭cation in SAS programming
and data analysis.
Graduate SAS Certi몭cate: To
complete the Graduate SAS
certi몭cation, one should complete
Data Management Analysis with
SAS Course.

Institute for Statistics Education –


This institute offers two certi몭cations
programs in statistics:

Biostatistics Certi몭cate Program:


This certi몭cate program
concentrates on the analysis and
assessment of statistical data.
Social Science Certi몭cate
Program: This online certi몭cation
teaches how the basic statistical
concepts.

American University – Applied


Statistics (Graduate Certi몭cate) is the
certi몭cation program offered by the
university.

Additional
Resources for
Statistics
Professionals

Statistics can help us a lot in the


determination and analysis of various
concepts from every industry. For individuals
opting for statistics as a career or for
pursuing higher education, this subject is the
right choice for both professional and
academic purposes. As the employment
opportunities for statistics are on the rise, the
master’s credential gives an added
advantage to the employee/professional.
Here are some of the resources that help in
the thriving of Statistics across the globe.

The American Statistical Association


– The American Statistical
Association is the world’s largest
community of statisticians that have
been promoting statistical practice
across the globe by supporting
excellence in the development,
application, and dissemination of
statistical science through various
methods.
Institute of Mathematical Statistics –
Institute of Mathematical Statistics is
an international professional and
scholarly institute dedicated to the
development and application of
statistical knowledge.
Statistics without Borders (SWB) –
Statistics without Borders (SWB) is a
volunteer Outreach Group of
American Statistical Organization
(SAS), which is involved in providing
voluntary services in statistics. The
group helps individuals who are
seeking knowledge in the subject by
learning and applying.
Council of Professional Associations
on Federal Statistics (COPAFS) –
COPAFS is a network of educators,
researchers, public health
professionals, civic groups, and
businesses who rely on statistics that
are collected by the national
government.
International Statistical Institute –
International Statistical Institute
leads, supports and promotes the
understanding, development, and
good practice of statistics worldwide.

Stay up to date

By entering my email address and clicking “Sign Up” I agree to be contacted by


OnlineMastersColleges for any educational products or services. Note that this
submission is not required to use our site.

Enter your Email Sign up

OnlineMastersColleges.com © 2021 All Rights Reserved Privacy


Terms

| |

You might also like