Masters Degree Statistics, MS Statistics Schools, College, Training, Education, Career, Employment, and Jobs

Masters Degree Statistics:
Statistics may be defined as the field of science dealing with making efficient use of numerical data associated with experiments or group of individuals.

If you are a statistics bachelor’s degree holder and wish to increase your career prospects, pursuing a masters degree program in statistics will be the most suitable option for you. This degree program will prepare you for pursuing a career in statistics or pursuing PhD in statistics or computational science.

Education Prerequisites for Pursuing Masters in Statistics:
You need to have completed your Bachelors degree program in Statistics or any other similar field such as Mathematics. Some degree programs may have certain entrance requirements, like take the Graduate Record Examination (GRE). Also, you should have a good grasp on subjects such as calculus, basic mathematical statistics and linear algebra.

Coursework of Masters Degree Program in Statistics:
In statistics master’s degree program, you can acquire knowledge about various relationships between group measurements to obtain specific data for analysis. You will learn how to apply the basics of statistics including regression and probability theory to real-world situations.

Statistics is a very broad branch of Mathematics and allows you to specialize in different areas, such as bioinformatics, linear models or statistical genetics. After completing your first year, you can choose to specialize in the area of your choice or you can consult an experienced advisor, who will suggest a suitable area.

When pursuing your masters’ degree program in statistics, you will spend a significant amount of time conducting research and acquiring practical or first-hand experience. The curriculum for this masters program usually includes topics such as:

1. Models and Methods of Statistics
2. Mathematical Probability
3. Qualitative Data Analysis
4. Experimental Design and Linear Models
5. Regression Analysis
6. Intermediate Mathematical Statistics
7. Statistical Computations and Analysis
8. Applied Statistical Methods
9. Methods in Multivariate Analysis
10. Biostatistics and Data Analysis
11. Research for Statistics
12. Probability

Career Prospects after Completing Masters Program in Statistics:
As a statistics MS degree holder, your work will involve analyzing to make predictions, reveal desired information and solve problems.

Many different businesses require qualified Statisticians for conducting their business activities. Scientific and medical communities, government agencies and corporations all require the service of statisticians for decision-making.

Following are some specific positions you can hold after successfully completing your graduate degree program in Statistics:

1. Biomathematician
2. Medical Statistician
3. Biostatician
4. Actuarial Scientist
5. Bioinformational Statistician
6. Risk Analysis Statistician
7. Public Health Statistician
8. Educational Testing Statistician

As per the findings of the Bureau of Labor Statistics (BLS), the job demand for statisticians is expected to grow around 13% between the periods 2008 and 2018. Thus, you can expect good job prospects after completing your masters’ degree in statistics.

Masters Degree Statistics Salary:
Statisticians make an excellent salary. The average annual salary is $88,000. Those with master’s degree get advanced position. This advanced position can command a salary as high as $112,000 per year.

Masters Degree Statistics School:
If you are on the search for finding a suitable college offering master in statistics degree, the master degree website will answer all your doubts or queries. By visiting this web site, you can obtain all the important information concerning the eligibility criteria, course-duration, fee structure, and admission procedure of different colleges offering this master degree program. It’s important for you to request their free information while you’re there. Just follow this link to begin.

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