by our College Data Analytics TeamIn the latest year, 107 U.S. colleges awarded 6,062 degrees and certificates in Business Statistics. Master’s degrees are the most popular award, at 83% of graduates. College Factual ranks 65 schools in its 2027 Best Business Statistics Schools ranking and compares their cost in a Best Value ranking. Graduates earn a median $85,529 one year after completing, rising to $103,588 after four years.
Studying Business Statistics involves the study of Business Statistics. A Program That Focuses On The Application Of Mathematical Statistics To The Description, Analysis, And Forecasting Of Business Data. Includes Instruction In Statistical Theory And Methods, Computer Applications, Data Analysis And Display, Long- And Short-Term Forecasting Methods, And Market Performance Analysis.
Source: IPEDS 2025; College Scorecard July 2026; BLS; O*NET; College Factual rankings 2027. Data as of: July 2026.
Across the country, business statistics draws strong interest, with 6,062 degrees awarded annually. 107 colleges award business statistics degrees, an average of 57 graduates per school; the largest program awarded 663.
By level, the 6,062 awards include 26 certificates, 93 associate degrees, 907 bachelor’s degrees, 5,024 master’s degrees and 7 doctorates.
Women earned 43% of business statistics degrees and certificates in the latest year (2,620 of 6,062). The largest groups of graduates by race and ethnicity are White (1,657) and Asian (351), and international students earned 3,204.
College Factual ranks 65 schools in its 2027 Best Business Statistics Schools ranking, including 1 for associate degrees, 23 for bachelor’s degrees and 58 for master’s degrees. It also ranks business statistics schools within 25 states. In all, 107 colleges offer business statistics programs; compare them by degree level below or in the Best Value Business Statistics Colleges ranking, which weighs quality against cost.
The most common business statistics credential is the master’s degree: 5,024 of the 6,062 awarded in the latest year. Jobs related to business statistics call most for Reading Comprehension, Speaking and Critical Thinking, and for knowledge of Computers and Electronics, English Language and Mathematics, according to O*NET. The most important abilities are Oral Expression, Written Comprehension and Oral Comprehension.
Top skills, rated 0–5:
Top knowledge areas, rated 0–5:
How long a business statistics degree takes:
| Degree | Typical Program Length | Graduates Annually |
|---|---|---|
| Certificate | Varies | 26 |
| Associate Degree | 2 years | 93 |
| Bachelor’s Degree | 4 years | 907 |
| Master’s Degree | 1-3 years | 5,024 |
| Doctorate | At least 4 years | 7 |
Bachelor’s degree is the most common level of education among workers in jobs related to business statistics, at 48.3%.
| Level of Education | Percentage of Workers |
|---|---|
| Bachelor’s degree | 48.3% |
| Master’s degree | 29.7% |
| Doctoral degree | 12.9% |
| Associate’s degree (or other 2-year) | 3.5% |
| Post-baccalaureate certificate | 2.8% |
| Post-doctoral training | 1.4% |
| Some college courses | 0.9% |
| First professional degree | 0.2% |
| Post-master’s certificate | 0.2% |
Source: O*NET Online.
8 occupations are related to Business Statistics, with an average median salary of $103,904; the strongest outlook belongs to Mathematical Science Teachers, Postsecondary, at 14.0% projected job growth. Typical job titles include Data Analyst, Statistical Consultant, Applied Scientist and Data Engineer.
The occupation related to business statistics with the most projected jobs is Business Intelligence Analysts, at 585,851.
| Occupation | Projected Jobs | Expected Growth |
|---|---|---|
| Business Intelligence Analysts | 585,851 | 1.3% |
| Data Scientists | 507,848 | 8.1% |
| Statisticians | 307,132 | 6.6% |
| Clinical Data Managers | 300,656 | -0.9% |
| Business Teachers, Postsecondary | 181,317 | 10.6% |
| Mathematical Science Teachers, Postsecondary | 96,977 | 14.0% |
| Biostatisticians | 76,966 | 7.4% |
| Survey Researchers | 76,556 | 11.1% |
Business Statistics graduates earn a median $85,529 one year after completing their program, $103,588 after four years and $98,015 after five years, according to the U.S. Department of Education’s College Scorecard.
| Years Out | Median Earnings |
|---|---|
| 1 year | $85,529 |
| 4 years | $103,588 |
| 5 years | $98,015 |
Source: College Scorecard.
The same occupation is also the highest-paying one related to business statistics, with a median salary of $143,840.
| Occupation | Median Annual Salary |
|---|---|
| Business Intelligence Analysts | $143,840 |
| Statisticians | $130,349 |
| Biostatisticians | $121,594 |
| Survey Researchers | $108,538 |
| Data Scientists | $106,295 |
| Clinical Data Managers | $99,475 |
| Business Teachers, Postsecondary | $80,576 |
| Mathematical Science Teachers, Postsecondary | $40,564 |
Business Statistics has 3 similar majors in the Business, Management & Marketing field, which together award 62,236 degrees a year; the largest are Management Science (36,131), Management Sciences and Quantitative Methods, Other (24,779) and Actuarial Science (1,326). Browse all Business, Management & Marketing majors or the full list of college majors.
| Related Major | Annual Graduates |
|---|---|
| Management Science | 36,131 |
| Management Sciences and Quantitative Methods, Other | 24,779 |
| Actuarial Science | 1,326 |
More about our data sources and methodologies.
