Career Resources

Career Resources

What Can I Do with a Master’s Degree?

 

Stay Competitive

Statistics is the No.7 fastest growing field in the United States. A master’s degree in Applied Statistics from Michigan Tech will prepare you for high-demand, high-paying positions in statistics and data science.

Define Your Future

The specialized knowledge gained in an online STEM master’s program will position you for advanced roles in your respective professions. The U.S. Bureau of Labor Statistics identifies technical knowledge and conceptual understanding of industry best practices as strengths of managers and leaders. Professionals with a master’s degree are often responsible for leading projects, managing staff, and working with other departments in their organizations. Below is a list of job titles with a master’s degree may hold and their respective average salary expectations:

  • Quality Assurance Director: $113,459
  • Research and Development Director: $131,576
  • Data Scientist $139,840/yr (Glassdoor)
  • Data Analyst $83,878/yr(Glassdoor)
  • Statistician $93,589/yr(Glassdoor)
  • Biostatistician $104,309/yr(Glassdoor)

 

 

Why Earn a Masters in Applied Statistics Online?

Overall employment of statisticians is projected to grow 33 percent from 2016 to 2026, much faster than the average for all occupations (U.S. Bureau of Labor Statistics.) Master’s degree holders gain advanced mathematical expertise to handle the deluge of data in many industries. Michigan Tech’s curriculum is based on direct industry feedback, giving you the opportunity to work with the relevant technologies and methods used in statistical experiments. Through in-depth coursework, you will learn how to merge theory and application so that you can graduate ready to tackle the data-driven challenges that modern organizations, public, private and non-profits, face.

Position Average Annual Salary
Data Scientist $139,840/yr (Glassdoor)
Data Analyst $83,878/yr (Glassdoor)
Statistician $93,589/yr (Glassdoor)

Michigan Tech is committed to providing career-enhancing online Science, Technology, Engineering, and Mathematics (STEM) programs that combine academic excellence and affordability. As a student, you’ll build off of your existing professional experience and emerge with the specialized knowledge to become an innovator and thought leader in your area of practice.