2020 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.
A Recent Jump in Statistics Degrees
Approximately 132 colleges in the U.S. offer a statistics degree of some kind. Our 2020 Best Colleges for Statistics ranking analyzes 66 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.
Stats Degree Program Entry Requirements
New students will need to have completed high school or a GED program and each school will have their own minimum GPA and SAT/ACT test requirements. Once you obtain your degree, additional stats certifications required to pursue a career in this field.
Statistics Degree Types
There are many different stats degree levels. You can spend many years getting as high as a research / scholarship based doctorate's in statistics to something that takes less time like a first year certificate. Statistics programs can take anywhere between one to four or more years for a full-time student to complete.
|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|
This of course varies depending on which stats career you choose.
Career Opportunities for A Degree In Stats Graduate
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%|
How Much Money Do Stats Grads Make?
Statistics graduates between 2015-2017 reported earning an average of $61,950 in the 2017-2018 timeframe. 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.
Highest Paid Stats Careers
Salaries for statistics graduates can vary widely by the occupation you choose as well. The following table shows the top 5 highest paying careers stats grads often go into.
|Occupation Name||Median Average Salary|
|Natural Sciences Managers||$139,680|
|Mathematical Science Professors||$87,140|
Getting Your Statistics Degree
With over 572 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.
Top Ranking Lists for Statistics
Statistics Related Majors
Statistics is one of 3 different types of Mathematics & Statistics programs to choose from.
Most Popular Majors Related to Stats
|Related Major||Annual Graduates|
Featured Mathematics Schools
|Request Info||Southern New Hampshire University You have goals. Southern New Hampshire University can help you get there. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Find your degree from over 200 online programs. Learn More >|
|Request Info||Purdue University Building on Purdue’s mission to provide greater access to affordable, world-class education, Purdue University Global delivers a fully personalized online experience that’s tailored to working adults. By opening the doors to adults who need flexibility to fit learning into their busy lives, we make it possible to achieve a high-quality education from the prestigious Purdue University system—completely online. Learn More >|
|Request Info||Grand Canyon University (GCU) With a spotlight on intellectual creativity and innovation for the 21stcentury, the College of Humanities and Social Sciences at GCU provides a job focused education. It blends the study of traditional humanities in a modern context. Through academic inquiry and beyond the box thinking, the college advances our society and its accomplishments. Learn More >|
|Request Info||Northcentral University Northcentral University (NCU) was founded to provide accessible, high-quality, online graduate degrees to working professionals. As a regionally accredited, online university, NCU serves students worldwide, focusing on Doctoral and Master's degree programs in the Schools of Business and Technology Management, Education, Psychology, and Marriage and Family Sciences. Learn More >|
|Request Info||Colorado Technical University (CTU) CTU could help you connect to what matters most: a powerful professional community, faculty who are real-world professionals, and innovative technology. Learn More >|