Applied Statistics
by the Numbers
Employment of statisticians is projected to grow by 35 percent from 2020 to 2030, much faster than the average for all occupations.
BLS.gov
Learn Advanced Statistical Theory and Methods
Michigan Tech’s MS in Applied Statistics online program will help you develop the powerful and practical statistics toolkit necessary to meet the surging worldwide demand for data experts. Explore the application of advanced statistical analysis and methods like predictive modeling, statistical data mining, parametric estimation, model diagnostics, and forecasting. Build on your experience and bachelor’s degree with a graduate education that adds depth and longevity to your career. Benefit from faculty members who are active researchers and bring their expertise to the classroom.
Masters in Applied Statistics Online Course Curriculum
Access your program guide to connect with one of our advisors and to get more information about our Online Master's in Applied Statistics program, including:
- Complete curriculum and course descriptions
- Admission requirements
- Tuition and financial aid information
Earn a Graduate Certificate Along the Way
Students can earn two qualifications at once, gaining a graduate certificate after completion of three courses. Learn more about how our online Graduate Certificate in Applied Statistics could increase your marketability, qualifications, and career as you build towards your master's degree.
We're Here to Help
Our knowledgeable and supportive enrollment advisors are here to help guide you with the primary goal of evaluating our program offerings against your goals. They offer in-depth program knowledge and personalized assistance throughout the application and admissions process.
By connecting with an Enrollment Advisor, you can expect to:
- Benefit from one-on-one attention with a program expert
- Learn more about the curriculum and online learning environment
- Gain an understanding of the admissions process
- Receive a recommendation on whether to move forward with the admissions process based on your educational background
- Get all of your questions answered
Select a time to schedule a call with your dedicated Enrollment Advisor after filling out the form and downloading your program guide.
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Career Opportunities for Statisticians and Data Scientists
The U.S. Bureau of Labor Statistics (BLS) states that statistics and its related fields are among the fastest-growing professions nationally. The estimated job growth will be 33-35% through 2030, or 56,900 job openings for statisticians to drive critical business decisions in the coming years. U.S. News and World Report ranks statistician as the number third-best business job, seventh-best STEM job, and eighth in 100 best jobs.
A master’s in applied statistics supports entry into or advancement in many statistics-related careers, including:
- Business intelligence analyst
- Computer scientist
- Data analyst
- Data engineer
- Data scientist
- Electrical engineer
- Insurance actuary
- Market research manager
- Scientific researcher
- Senior financial analyst
- Sports analyst
- Statistician
- Statistics professor
Here’s a quick overview of the top careers and their average annual salaries:
Statistics Job Outlook 2020-2030
|
| Career Path |
Average Annual Salary |
| Statistician |
$95,570 |
| Data scientist |
$98,230 |
| Senior data analyst |
$99,101 |
| Data engineer |
$110,483 |
| Business data analyst manager |
$128,600 |
| Actuary |
$111,030 |
| Marketing research manager |
$120,062 |
| Senior Financial analyst |
$92,481 |
| Statistics professor |
$152,630 |
*Median salaries reported by the BLS, U.S. News and World Report, Salary.com, and salaryexpert.com, as of April 2022
A wide range of opportunities abound, but professionals need strong mathematical and analytical skills to succeed in this competitive field. Michigan Technological University’s online Master of Science in Applied Statistics program prepares graduates to excel in their statistics and data science careers.
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