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Online Masters in Statistics
Introduction
Best Statistics Programs
Best Programs
Online Master’s in Statistics Degrees
Program Details
 Online Master’s in Statistics Graduates
How to Pay?
Online Master’s in Statistics Graduates
Career and Salaries
Certifications for Statistics Graduates
Certifications
Statistics Graduates
More Resources

Online Masters in Statistics

Online Masters in 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 definition 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 field.

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Best Online Master’s in Statistics Program Rankings

According to the Bureau of Labor Statistics, there is a never-ending rise in demand for good statisticians. With the qualification of statistics education, one can find endless job opportunities in both the public and private sectors. Statistics is also an evolving field. With the introduction of computer technology, the statistics field 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 fields are becoming diverse, and they are progressing into 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:

College Name & Address Tuition Graduation Rate
#1
Texas A&M University
JKW Administration Building, Suite 200, College Station, Texas 77843-1248
$6,67782%
#2
North Carolina State University
2101 Hillsborough Street, Raleigh, North Carolina 27695-7001
$9,09582%
#3
Colorado State University
102 Administration Building, Fort Collins, Colorado 80523-0100
$10,52070%
#4
University Of South Carolina
Columbia-Campus, Columbia, South Carolina 29208
$13,73777%
#5
University of Texas, Rio Grande Valley
1201 W University Dr, Edinburg, Texas 78539-2999
$5,959NA
#6
Southern New Hampshire University
2500 North River Road, Manchester, New Hampshire 03106
$18,81044%
#7
University Of Illinois, Springfield
One University Plaza, Springfield, Illinois 62703
$8,27054%
#8
Pennsylvania State University World Campus
28 Outreach Building, University Park, Pennsylvania 16802
$21,68262%
#9
Oklahoma State University
107 Whitehurst, Stillwater, Oklahoma 74078-1015
$5,531 65%
#10
Rochester Institute Of Technology
1 Lomb Memorial Dr, Rochester, New York 14623-5603
$47,52267%
#11
University of Houston
212 E. Cullen Building, Houston, Texas 77204
$8,37061%
#12
National University
11255 North Torrey Pines Road, La Jolla, California 92037-1011
$15,48029%
#13
Saint Louis University
One North Grand Blvd, Saint Louis, Missouri 63103-2097
$20,88079%
#14
University Of Maryland
College Park, Maryland 20742
$13,15887%
#15
Indiana University
107 South Indiana Ave., Bloomington, Indiana 47405-7000
$9,50179%
#16
Oregon State University
1500 SW Jefferson Avenue, Corvallis, Oregon 97331
$12,93367%
#17
University of Kentucky
South Limestone, Lexington, Kentucky 40506-0032
$12,05566%
#18
University of Idaho
875 Perimeter Drive MS 2282, Moscow, Idaho 83844-2282

$7,75456%
#19
West Virginia University
PO Box 6201, Morgantown, West Virginia 26506
$10,13461%
#20
Dakota State University
820 N Washington Ave, Madison, South Dakota 57042-1799
$5,93943%
#21
Brandeis University
415 South St, Waltham, Massachusetts 02454-9110
$51,94087%
#22
University Of Missouri
105 Jesse Hall, Columbia, Missouri 65211-1050
$9,26471%
#23
University of Oklahoma
2501 E Memorial Rd, Edmond, Oklahoma 73013
$11,25055%
#24
Harrisburg University
326 Market Street, Harrisburg, Pennsylvania 17101-2208
$7,20031%
#25
Arizona State University
1475 N Scottsdale Rd, Scottsdale, Arizona 85257
$6,3844%
#26
Northwestern University
633 Clark St, Evanston, Illinois 60208
$56,06794%
#27
Syracuse University
900 South Crouse Ave., Syracuse, New York 13244
$38,88083%
#28
University of West Florida
11000 University Parkway, Pensacola, Florida 32514-5750
$7,08846%
#29
American University
4400 Massachusetts Ave NW, Washington, District of Columbia 20016-8001
$30,35179%
#30
University of Delaware
104 Hullihen Hall, Newark, Delaware 19716
$34,16481%

Source Integrated Post Secondary Education Data System & University Data
*Tuition rates are for in-state and per year. Program specific rates may apply.
**NA – data not available

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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 significant 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.

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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 FocusDescriptionCareers
Applied Statistics 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
Statisticians
Data Scientists
Statistical Analysts
Bio-StatisticsThis 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 of various regression methods. Here are a few universities that offer an online master’s in biostatistics:
University of Florida, Gainesville
University of Louisville
Bio-statisticians
Research Analysts
Probability and StatisticsProbability 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.Mathematicians
Operations Analysts
Market Research Analysts
Social StatisticsStudy 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
Economists
Social workers
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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 scientific 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.

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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 find out if they are moving forward or backward.
  • Online graduate statistics courses are a great way to enable one with efficiency 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:

CourseDescription
Probability 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.
Data AnalysisAnalysis of data involving variables of a definite 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.
Applied Bayesian AnalysisIntroduction to Bayesian concepts of statistical inference; Bayesian learning; Markov chain Monte Carlo methods using existing software [SAS and OpenBUGS]; linear and hierarchical models; model selection and diagnostics.
Mathematical StatisticsA theoretical treatment of statistical inference, including sufficiency, estimation, testing, regression, analysis of variance, and chi-square tests.
Regression MethodsAnalysis of research data through simple and multiple regression and correlation; polynomial models; indicator variables; step-wise, piece-wise, and logistic regression.
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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 qualification 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
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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 certification.
    • 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® qualification.
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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

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How to Pay for Online Master’s in 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 find out more about financial 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 field, 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 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 field, 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
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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 fields such as business, agriculture, scientific, 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 profiles 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 TitleMedian SalaryJob Growth (2018-2028) Description
Statistical Analyst$87,78031%Collection, analyzation, and presentation of the data relevant to the employer.
Political Scientist$117,5705%Evaluation of political systems using statistical analysis
Statistician$92,03030%Statisticians use quantitative data and apply mathematical and statistical models to solve real-world problems for businesses, corporations, countries, etc.
Operations Research Analyst$83,39026%Organizations employ these analysts to solve and prevent issues from arising in the future.
Medical Informatician$84,8108%Using statistical analysis, medical scientists explain human health.
Sociologist$82,0509%Improvement of social issues and government policies using statistics.

Source: Bureau of Labor and Statistics, Payscale.com

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Certifications and Licensing for Statistics Graduates

Certifications 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 specific job. Non-governmental bodies offer certifications, whereas government agencies give licenses. Some of the certifications given by the universities are mentioned below:

  • American University – Applied Statistics (Graduate Certificate) is the certification program offered by the university.
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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.
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