2023 Most Focused Master’s Degree Colleges for Mathematical Statistics & Probability
12
Ranked Colleges
132
Degrees Awarded
$36,100
Avg Cost*

It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Schools for a Master’s Highly Focused on Mathematical Statistics and Probability Major” ranking is part of that endeavor.
In 2021-2022, 459 people earned their degree in mathematical statistics & probability, making the major the 579th most popular in the United States.
At the master’s degree level specifically, there were 132 mathematical statistics & probability graduates with average earnings and debt of $58,979 and $43,370 respectively.
This year’s “Schools for a Master’s Highly Focused on Mathematical Statistics and Probability Major” ranking looked at 12 colleges that offer degrees in a bachelor’s in mathematical statistics & probability. This a ranking of the schools where the largest percentage of students has enrolled in mathematical statistics & probability.
For more information, check out our ranking methodology.
One Size Does Not Fit All
When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Schools for a Master’s Highly Focused on Mathematical Statistics and Probability Major” list to help you make the college decision.
One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Schools for a Master’s Highly Focused on Mathematical Statistics and Probability Major
The following schools top our list of the Best “Schools for a Master’s Highly Focused on Mathematical Statistics and Probability Major”.
Top 12 Most Focused Master’s Degree Colleges for Mathematical Statistics & Probability
You’ll be in good company if you decide to attend Columbia University in the City of New York. It ranked #1 on our 2023 Schools for a Master’s Highly Focused on Mathematical Statistics and Probability Major list. This large school is located in New York, New York, and it awarded 64 masters’s mathematical statistics and probability degrees in 2021-2022.
The school has an impressive undergrad student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%. The undergraduate student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. With a freshman retention rate of 99%, the school does an excellent job of retaining its undergraduate students.
Read full report on Mathematical Statistics & Probability at Columbia
You’ll be in good company if you decide to attend Wake Forest University. It ranked #2 on our 2023 Schools for a Master’s Highly Focused on Mathematical Statistics and Probability Major 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 8 masters’s degrees in 2021-2022.
The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. With a undergrad student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The undergrad student loan default rate at the school is 0.3%, which is quite low when compared to the national default rate of 10.1%.
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 #3 on our 2023 Schools for a Master’s Highly Focused on Mathematical Statistics and Probability Major list. UC Santa Cruz is located in Santa Cruz, California and, has a fairly large student population. In 2021-2022, this school awarded 4 masters’s mathematical statistics and probability degrees to qualified students.
Students who start out at the school are likely to stick around. The freshman retention rate is 89%. The school has an impressive undergrad student loan default rate. It’s only 1.3%, which is much lower than the national rate of 10.1%.
Read more about Mathematical Statistics & Probability at UC Santa Cruz
Out of the 12 schools in the Schools for a Master’s Highly Focused on Mathematical Statistics and Probability Major that were part of this year’s ranking, University of North Carolina at Chapel Hill landed the #4 spot on the list. UNC Chapel Hill is a large public school situated in Chapel Hill, North Carolina. It awarded 14 masters’s mathematical statistics and probability degrees in 2021-2022.
The undergrad student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.
Read full report on Mathematical Statistics & Probability at University of North Carolina at Chapel Hill
Out of the 12 schools in the Schools for a Master’s Highly Focused on Mathematical Statistics and Probability Major that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #5 spot on the list. Located in Ann Arbor, Michigan, this large public school awarded 21 degrees to qualified masters’s mathematical statistics and probability students in 2021-2022.
The low undergrad student loan default rate of 0.2% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.
Read full report on Mathematical Statistics & Probability at University of Michigan - Ann Arbor
With a ranking of #6, University of Chicago did quite well on the 2023 Schools for a Master’s Highly Focused on Mathematical Statistics and Probability Major list. University of Chicago is a private not-for-profit institution located in Chicago, Illinois. The school has a fairly large population, and it awarded 6 masters’s degrees in 2021-2022.
The school has an excellent freshman retention rate of 99%, which means students like the school well enough to return for a second year. With a undergrad student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The low undergrad student loan default rate of 0.5% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read more about Mathematical Statistics & Probability at UChicago
University of Nevada - Reno ranked #7 on this year’s Schools for a Master’s Highly Focused on Mathematical Statistics and Probability Major list. UNR is a large public school situated in Reno, Nevada. It awarded 9 masters’s mathematical statistics and probability degrees in 2021-2022.
The low undergrad student loan default rate of 0.8% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read more about Mathematical Statistics & Probability at University of Nevada - Reno
Indiana University - Bloomington did quite well in the 2023 Schools for a Master’s Highly Focused on Mathematical Statistics and Probability Major ranking, coming in at #8. Indiana University - Bloomington is a public institution located in Bloomington, Indiana. The school has a large population, and it awarded 6 masters’s degrees in 2021-2022.
The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 1.4% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read more about Mathematical Statistics & Probability at Indiana University - Bloomington
University of the Incarnate Word landed the #9 spot on the 2023 Schools for a Master’s Highly Focused on Mathematical Statistics and Probability Major ranking. This medium-sized school is located in San Antonio, Texas, and it awarded 1 masters’s mathematical statistics and probability degrees in 2021-2022.
The low undergrad student loan default rate of 1.7% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read full report on Mathematical Statistics & Probability at UIW
With a ranking of #9, Purdue University - Main Campus did quite well on the 2023 Schools for a Master’s Highly Focused on Mathematical Statistics and Probability Major list. Purdue is a public institution located in West Lafayette, Indiana. The school has a large population, and it awarded 212 masters’s degrees in 2021-2022.
The undergrad student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 91%.
Read full report on Mathematical Statistics & Probability at Purdue
Marquette University came in at #9 in this year’s edition of the Schools for a Master’s Highly Focused on Mathematical Statistics and Probability Major ranking. Marquette is a fairly large school located in Milwaukee, Wisconsin that handed out 5 masters’s mathematical statistics and probability degrees in 2021-2022.
The low undergrad student loan default rate of 0.5% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 89%.
Read full report on Mathematical Statistics & Probability at Marquette
With a ranking of #9, University of Washington - Seattle Campus did quite well on the 2023 Schools for a Master’s Highly Focused on Mathematical Statistics and Probability Major list. Located in Seattle, Washington, this large public school handed out 0 degrees to qualified masters’s mathematical statistics and probability students in 2021-2022.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Mathematical Statistics & Probability at UW Seattle
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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
- *Avg Salary and Avg 4-Year Grad Rate 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.
Credits
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