Masters in Statistics – Eligibility , Types, Top Universities, careers and future scope

If you are someone interesting in extracting, analyzing and modifying complex data in business, statistics is awaiting you. A masters in statistics is the course that lets you understand in deep the following concepts – probability theory, analysis of figures, applied statistical methods, data analysis, biostatistics, measurements and relations.

Pre-requisites:

The pre-requisites vary with the University but here are the common ones

–       You need to have a bachelors degree preferably in mathematics or statistics from a recognized University

–       If you are an international student, you should have cleared TOEFL and GRE/GMAT based on the University

Types of Statistics:

Know your interest before choosing a sub branch as statistics is a vast subject with a number of sub branches. If you find it hard, get in touch with your University educational advisor and choose the right field.

These are the popular specializations chosen

–       Linear Models

–       Bio informatics

–       Statistical Genetics

Top 6 Universities for masters in statistics

–       Stanford University – Department of statistics – MS in statistics, doctorial program, vertical integration program (VIGRE project)

–       University of California- Berkeley – Department of statistics – Communication, computation, genomic biology and statistics

–       Harvard University – Statistics Department – Theoretical statistics, biostatistics,

–       University of Washington – Department of statistics – Center for statistics in social sciences, computational finance and statistical genetics

–       Johns Hopkins University – Applied mathematics and statistics – Probability/statistics, operations research/management and discrete mathematics

–       University of Chicago – Department of statistics offers elementary statistics, statistical methods and applications, applied regression analysis, statistical models and methods, numerical linear algebra, statistical theory and methods, distribution theory, advanced statistical interence, mathematical computation , matrix computation, probability and statistics, sample surveys, mediation moderation and spillover effects, statistical inference for financial date, applied linear statistical methods, epidemiology, longitudinal analysis, theoretical probability , reading and research

Careers and Future scope: Whatever the business, staticians are required to analyze the growth and marginal figures. Typical career options for a statician include but not limited to scientists, biomathematicians

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