2022 Best Value Master’s Degree Colleges for Mathematical Statistics & Probability
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Mathematical Statistics and Probability Schools for a Master’s” ranking is part of that endeavor.
In 2019-2020, 457 people earned their degree in mathematical statistics and probability, making the major the 618th most popular in the United States.
At the master’s degree level specifically, there were 166 mathematical statistics and probability graduates with average earnings and debt of $56,398 and $43,194 respectively.
This year’s “Best Value Mathematical Statistics and Probability Schools for a Master’s” ranking looked at 8 colleges that offer degrees in a bachelor’s in mathematical statistics and probability. The schools that top this list are recognized because they have great mathematical statistics and probability programs and cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the mathematical statistics and probability program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.
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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Mathematical Statistics and Probability Schools for a Master’s” list, to help you choose the best school for you.
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Best Value Mathematical Statistics and Probability Schools for a Master’s
The following schools top our list of the Best Best Value Mathematical Statistics and Probability Schools for a Master’s.
Top 8 Best Value Master’s Degree Colleges for Mathematical Statistics & Probability
Out of the 8 schools in the Best Value Mathematical Statistics and Probability Schools for a Master’s that were part of this year’s ranking, University of North Carolina at Chapel Hill landed the #1 spot on the list. UNC Chapel Hill is a large public school situated in Chapel Hill, North Carolina. It awarded 20 masters’s mathematical statistics and probability degrees in 2019-2020.
UNC Chapel Hill also took the #5 spot in our “Best Mathematical Statistics & Probability Master’s Degree Schools” ranking. Average graduate tuition and fees at UNC Chapel Hill are $30,248, but some majors have different tuition rates.
Full UNC Chapel Hill Mathematical Statistics & Probability Report
You’ll be in good company if you decide to attend University of Nevada - Reno. It ranked #2 on our 2022 Best Value Mathematical Statistics and Probability Schools for a Master’s list. Located in Reno, Nevada, this large public school handed out 6 degrees to qualified masters’s mathematical statistics and probability students in 2019-2020.
In addition to being on our master’s degree mathematical statistics and probability students list, UNR has also earned the #7 rank in our “Best Mathematical Statistics & Probability Master’s Degree Schools” ranking. Average graduate tuition and fees at UNR are $21,971, but you may pay more or less depending on your major.
Read more about Mathematical Statistics & Probability at University of Nevada - Reno
You’ll be in good company if you decide to attend Indiana University - Bloomington. It ranked #3 on our 2022 Best Value Mathematical Statistics and Probability Schools for a Master’s list. This large school is located in Bloomington, Indiana, and it awarded 9 masters’s mathematical statistics and probability degrees in 2019-2020.
IU Bloomington also took the #6 spot in our “Best Mathematical Statistics & Probability Master’s Degree Schools” ranking. Average graduate tuition and fees at IU Bloomington are $33,338, but you may pay more or less depending on your major.
Full Indiana University - Bloomington Mathematical Statistics & Probability Report
You’ll be in good company if you decide to attend Wake Forest University. It ranked #4 on our 2022 Best Value Mathematical Statistics and Probability Schools for a Master’s list. Wake Forest University is a private not-for-profit institution located in Winston-Salem, North Carolina. The school has a medium-sized population, and it awarded 6 masters’s degrees in 2019-2020.
Wake Forest University also made our “Best Mathematical Statistics & Probability Master’s Degree Schools” list, coming in at #4. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Wake Forest University are $39,216.
Read full report on Mathematical Statistics & Probability at Wake Forest University
You’ll be in good company if you decide to attend University of California - Santa Cruz. It ranked #5 on our 2022 Best Value Mathematical Statistics and Probability Schools for a Master’s list. University of California - Santa Cruz is a public institution located in Santa Cruz, California. The school has a fairly large population, and it awarded 1 masters’s degrees in 2019-2020.
UC Santa Cruz not only placed well in this ranking. It is also #8 on our “Best Mathematical Statistics & Probability Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of California - Santa Cruz are $28,952.
Read more about Mathematical Statistics & Probability at UC Santa Cruz
University of Michigan - Ann Arbor did quite well in the 2022 Best Value Mathematical Statistics and Probability Schools for a Master’s ranking, coming in at #6. Located in Ann Arbor, Michigan, this large public school awarded 31 degrees to qualified masters’s mathematical statistics and probability students in 2019-2020.
U-M also took the #3 spot in our “Best Mathematical Statistics & Probability Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at U-M are $49,548.
Columbia University in the City of New York came in at #7 in this year’s edition of the Best Value Mathematical Statistics and Probability Schools for a Master’s ranking. Columbia is a large private not-for-profit school situated in New York, New York. It awarded 92 masters’s mathematical statistics and probability degrees in 2019-2020.
Columbia not only placed well in this ranking. It is also #2 on our “Best Mathematical Statistics & Probability Master’s Degree Schools” list. Average graduate tuition and fees at Columbia are $51,194, but some majors have different tuition rates.
With a ranking of #8, University of Chicago did quite well on the 2022 Best Value Mathematical Statistics and Probability Schools for a Master’s list. University of Chicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 1 masters’s mathematical statistics and probability degrees to qualified students.
In addition to being on our master’s degree mathematical statistics and probability students list, UChicago has also earned the #1 rank in our “Best Mathematical Statistics & Probability Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Chicago are $61,548.
Read full report on Mathematical Statistics & Probability at University of Chicago
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Best Value Master's Degree Colleges for Mathematical Statistics & Probability
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Notes and References
References
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
Read more about our data sources and methodologies
Footnotes
- *Average salary, average net price, and average tuition and fees are for the top schools only.
- Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.
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