MS in Statistics in USA- Things Worth Knowing

Doing your MS in statistics in USA is a good career move, considering the growing demand for statisticians and analysts in various fields. The USA is home to the world’s best universities for statistics along with offering best infrastructure for research and academics simultaneously. Job prospects are excellent for skilled professionals in the USA as well. 

Top Universities for MS in Statistics in USA 

Some of the leading universities for doing your MS in Statistics in USA include the following: 

1. Carnegie Mellon University

2. Boston University

3. Yale University

4. University of California-Los Angeles

5. University of Maryland

6. University of Michigan

7. University of Florida

8. University of California-Berkeley

9. University of Southern California

10. Columbia University

11. The University of Texas at Austin

12. New York University

13. West Virginia University

14. Harvard University

15. University of Denver

16. San Diego State University 

Specializations

Apart from a regular MS in statistics, there are varied specializations including the following: 

1. Master of Science in Applied Statistics for Social Science Research

2. MEd in Measurement, Evaluation, Statistics, and Assessment

3. MS in Pharmaceutical Statistics

4. Master of Science in Statistical Practice

5. M.S Applied Statistics

6. MPH in Biostatistics

Level of Study

The master’s program in statistics is taught at the postgraduate level. 

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Average Fees Required

The average costs of doing your MS in statistics in USA are approximately INR 10.6 lakh to INR 76.5 lakh though it varies across universities. It is roughly $14,000-102,000 depending on the program, the location and the university of course. 

Job Prospects

There are excellent job prospects for skilled statistics graduates and professionals in positions like data scientists, data analysts, senior data analysts, senior data scientists, statisticians, pharmaceutical statistician, bio-statistician, and more. 

Some of the leading employers for statistics graduates include reputed names like J.P.  Morgan Chase & Co, Booz, Allen, and Hamilton, Discover Financial Services LLC, Deloitte, CVS Caremark Corporation, University of Michigan, Northrop Grumman Corporation, The Hartford Financial Services Group Inc, Slalom Consulting, Facebook, Visa, Google, and many others. 

Expected Remuneration/Salary 

According to Payscale, the average salaries stand at the following figures for professionals in this field: 

1. Data Scientists- $73,000-132,000 (INR 54.75 lakh to INR 99 lakh). 

2. Statistician- $52,000-99,000 (INR 39 lakh to INR 74.25 lakh).

3. Bio-Statistician-$62,000-112,000 (INR 46.50 lakh to INR 84 lakh).

4. Senior Data Analyst- $67,000-104,000 (INR 50.25 lakh to INR 78 lakh).

5. Data Analyst- $52,000-95,000 (INR 39 lakh to INR 71.25 lakh).

6. Statistical Analyst- $57,000-98,000 (INR 42.75 lakh to INR 73.50 lakh).

7. Senior Data Scientists- $94,000-150,000 (INR 70.50 lakh to INR 1.13 crore).

Disclaimer! All course fees/salaries/expenses are indicative.

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