2022 Statistics Degree Guide

Statistics is an interesting and revealing field where numbers can be applied to solve real-world problems. By majoring in Statistics, you will learn about the science and theories behind data. Your classes will teach you to explore and analyze data in order to reach conclusions about probability. Statisticians interpret data, and analyze trends in order to hypothesize about probable and possible developments in the future. Crunching numbers and performing tests based around your hypothesis will be a huge part of your studies.

Classes that you will take as a statistics major will include calculus, experimental design, probably theory, technical writing, statistical theory, statistical methods, statistical computing, regression analysis, linear regression, analysis of data, statistics for the social sciences, history of statistics, and probability models.

Rapid Growth in Statistics Degrees Awarded

#88 Most Popular Major
9.3k Degrees Awarded
6.9% Increase in Graduates

In 2019-2020, statistics was the 88th most popular major nationwide with 9,304 degrees awarded. This represents a 6.9% increase in stats degrees awarded over the prior year's total of 8,658.

There are 255 schools offering degrees in statistics in the United States. Our 2022 Best Statistics Schools ranking analyzes 172 of these schools to determine the best overall colleges for statistics students. Continue reading to check out one of our many unbiased rankings of stats programs later in this article.

Requirements for Getting a Degree in Statistics

This major requires a student who can think critically and logically. You will be making conclusions based upon your data. You should be a curious person who is ready to solve intricate and detailed problems. Coursework will involve advanced math classes; students should stay organized in order to keep up with assignments. Much of your work will be done on the computer.

Your classes will involve a combination of lectures and labs. Work in the labs will give you practice collaborating with your peers and learning corporately, an important skill to have as you make your transition into the workforce.

Although much of your work will be done independently, be ready to learn from your peers and professors. You may also have to undertake group projects and presentations. Work on your speaking skills in order to communicate in a professional manner, articulating complex ideas and information. Being able to write accurate and concise reports is also necessary. You will have to share and present results of studies that you have designed, collected, and analyzed.

Getting Accepted Into a Statistics Program

A high school diploma or equivalent is typically required for most stats degree programs and many students will need a minimum GPA and SAT/ACT score depending on the school. Once you obtain your degree, additional stats certifications required to pursue a career in this field.

Types of Statistics Degrees

Stats degree levels vary. You can get anything from a in statistics to the highest stats degree, a . Different statistics degrees vary in how long they take.

Degree Credit Requirements Typical Program Length
Associate Degree 60-70 credits 2 years
Bachelor’s Degree 120 credits 4 years
Master’s Degree 50-70 credits 1-3 years
Doctorate Program required coursework including thesis or dissertation At least 4 years

A bachelor's degree is the most common level of education achieved by those in careers related to stats, with approximately 42.0% of workers getting one. People currently working in careers related to stats tend obtained the following education levels.

Level of Education Percentage of Workers
Bachelor’s Degree 40.4%
Master’s Degree 26.7%
Doctoral Degree 16.1%
Post-Baccalaureate Certificate 5.5%
Post-Doctoral Training 4.4%

About 96.3% of workers in careers related to stats obtain at least bachelor's degrees. See the chart below for the most common degree level workers in statistics have received.

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The education level required is different depending on the stats career you are seeking.

Career Opportunities for A Degree In Stats Graduate

Average Number of Jobs
$62k Average Starting Salary
16% Growth Job Outlook 2016-26

You will need a master's degree in order to become a statistician. Businesses will invest a lot of money in a statistician in order to organize, analyst, and sort through the data.

Graduates who want to go straight into a career should find opportunities working as advisors, researchers and analysts for businesses, financial industries or government programs.

High Growth Projected for Stats Careers

Want a job when you graduate with your stats degree? Statistics careers are expected to grow 15.5% between 2016 and 2026.

The following options are some of the most in-demand careers related to statistics.

Occupation Name Projected Jobs Expected Growth
Mathematical Science Professors 66,600 9.4%
Natural Sciences Managers 62,300 9.9%
Statisticians 49,800 33.9%
Actuaries 28,900 22.5%
Survey Researchers 14,900 2.1%

How Much Money Do People With a Stats Degree Make?

Recently graduated statistics students earned an average of $61,950 in 2017-2018. Earnings can range from as low as $34,500 to as high as $126,100. As you might expect, salaries for stats graduates vary depending on the level of education that was acquired.

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High Paying Careers for Stats Majors

Salaries for statistics graduates can vary widely by the occupation you choose as well. The following table shows the top highest paying careers stats grads often go into.

Occupation Name Median Average Salary
Natural Sciences Managers $139,680
Actuaries $116,250
Mathematicians $104,870
Statisticians $92,600
Mathematical Science Professors $87,140

Getting Your Statistics Degree

With over 569 different stats degree programs to choose from, finding the best fit for you can be a challenge. Fortunately you have come to the right place. We have analyzed all of these schools to come up with hundreds of unbiased stats school rankings to help you with this.

Study Areas in Statistics

One of 4 majors within the Mathematics & Statistics area of study, Statistics has other similar majors worth exploring.

Stats Focus Areas

Major Annual Graduates
Statistics 8,068
Other Statistics 458
Mathematical Statistics & Probability 457
Mathematics & Statistics 321

View All Stats Concentrations >

Majors Similar to Stats

Related Major Annual Graduates
Mathematics 30,668
Applied Mathematics 10,350
Other Statistics 560
Applied Statistics 174

View All Stats Related Majors >

References

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