by our College Data Analytics TeamMathematical Statistics & Probability was the 579th most popular major in the 2020-2021 school year. Colleges in the United States reported awarding 500 degrees in this year alone. This represents a 8.6% increase in mathematical statistics and probability degrees awarded over the prior year's total of 457.
Our 2023 Best Mathematical Statistics & Probability Schools ranking analyzes 12 of these schools to determine the best overall colleges for mathematical statistics and probability students. Explore this or one of our many other custom mathematical statistics and probability rankings further below.
Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.
If you have a knack for mathematics and an interest in learning more, study online to achieve your career goals at Southern New Hampshire University. Our mathematics degree can help you enhance your mathematical abilities, including reasoning and problem-solving in three areas: analysis, algebra and statistics.
BA in Mathematics - Applied Mathematics
Put mathematical concepts to work to solve today's most complex real-world problems by studying applied mathematics with this specialized online bachelor's from Southern New Hampshire University.
A major in mathematical statistics and probability prepares you for careers in which using mathematics to solve problems is crucial. Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems and understanding written sentences and paragraphs in work related documents are all required skills for careers related to this major.
A high school diploma or equivalent is typically required for most mathematical statistics and probability degree programs and many students will need a minimum GPA and SAT/ACT score depending on the school. In addition to these basic mathematical statistics and probability program qualifications, to serve in some mathematical statistics and probability careers, special certification may be required outside of your degree.
There are various different levels of mathematical statistics and probability degrees. You can spend many years getting as high as a in mathematical statistics and probability to something that takes less time like a . Mathematical Statistics & Probability 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 master's degree is the most common level of education achieved by those in careers related to mathematical statistics and probability, with approximately 36.4% of workers getting one. People currently working in careers related to mathematical statistics and probability tend obtained the following education levels.
| Level of Education | Percentage of Workers |
|---|---|
| Master’s Degree | 34.1% |
| Bachelor’s Degree | 26.9% |
| Doctoral Degree | 23.4% |
| Post-Baccalaureate Certificate | 6.9% |
| First Professional Degree | 5.1% |
About 66.7% of workers in careers related to mathematical statistics and probability obtain at least master's degrees. View the chart below to get an idea of what degree level most of those in mathematical statistics and probability careers have.
This of course varies depending on which mathematical statistics and probability career you choose.
Want a job when you graduate with your mathematical statistics and probability degree? Mathematical Statistics & Probability careers are expected to grow 19.6% between 2016 and 2026.
The following options are some of the most in-demand careers related to mathematical statistics and probability.
| Occupation Name | Projected Jobs | Expected Growth |
|---|---|---|
| Mathematical Science Professors | 66,600 | 9.4% |
| Statisticians | 49,800 | 33.9% |
| Actuaries | 28,900 | 22.5% |
| Mathematicians | 4,000 | 29.0% |
As you might expect, salaries for mathematical statistics and probability graduates vary depending on the level of education that was acquired.
Salaries for mathematical statistics and probability graduates can vary widely by the occupation you choose as well. The following table shows the top highest paying careers mathematical statistics and probability grads often go into.
| Occupation Name | Median Average Salary |
|---|---|
| Actuaries | $116,250 |
| Mathematicians | $104,870 |
| Statisticians | $92,600 |
| Mathematical Science Professors | $87,140 |
With over 35 different mathematical statistics and probability 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 mathematical statistics and probability school rankings to help you with this.
Learn about other programs related to Mathematical Statistics & Probability that might interest you.
Mathematical Statistics & Probability is one of 3 different types of Statistics programs to choose from.
| Related Major | Annual Graduates |
|---|---|
| Statistics | 8,503 |
| Other Statistics | 540 |
| Mathematics & Statistics | 436 |
View All Mathematical Statistics and Probability Related Majors >
