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MS in Applied Statistics

MS in Applied Statistics

Batch Starts 30th Jun'2024

Abroad Intake Aug'2025

Key Benefits of the Program

  • INR13 Lakhs

    Significant savings of upto INR 13 Lakhs compared to studying full degree in USA1

  • Upto36 Months

    Eligible for PGWP/Post Study Work/OPT visa application after graduation2

  • USD80 K

    Average salary in USA after completion of the course1

Program Structure and Fees

MS in Applied Statistics is a 20 months course where in the first 8 months you will be studying online with IIIT Bangalore. Tuition fees for Online course is INR 4,50,000. For the next 12 months, you will be transferring to U.S.A. and studying on-campus at Colorado State University. Tuition fees for Colorado State University is approximately USD 25,536. You will also have to incur approximately USD 13,728 per annum as living costs in U.S.A.

CSU strategically addresses the escalating demand for skilled professionals in data management, visualization, and statistical proficiency through its Master of Applied Statistics Data Science Specialization program. This program, centered on practical applications, seamlessly integrates mathematics, statistics, and data science, imparting comprehensive knowledge of contemporary statistical methods for real dataset analysis. Graduates of CSU emerge with advanced technical expertise, particularly in areas like Applications of Machine Learning, positioning them favorably for rapidly growing roles such as Business Intelligence Analysts and Machine Learning Specialists, as forecasted in the Jobs of the Future Reports 2023. Notably, this program unlocks diverse career opportunities spanning industrial engineering to biomedical research within the realms of business, industry, or government sectors.
  1. Country


    Course Name

    • Advanced Certificate Program in Data Science


    • Bachelors degree in B.Engg / B.Tech / B.Sc / BCA / BBA / B.Com with minimum 60% marks or above. The maximum backlogs (ATKTs) accepted will be 10. The awarding University must hold a NAAC rating of A or higher (in years 2020/2021/2022/2023).

    Tuition Fees

    INR 4,50,000

    Cost of Living


    Mode of Teaching



    8 Months

  2. Country


    Course Name

    • MS in Applied Statistics


    • An aggregate score of 3.0 GPA and above in the Advanced Certificate Program in Data Science with a minimum of 3.0 GPA in each course.
    • English Proficiency Requirements are TOEFL iBT >= 80 or IELTS score >= 6.5 or PTE >= 58 or Duolingo >= 120.

    Tuition Fees

    ~ USD 25,536

    Cost of Living

    ~ USD 13,728 per annum

    Mode of Teaching



    1 Year

Other Benefits

  • Dual certification - IIIT Bangalore as well as Colorado State University, U.S.A.
  • Colorado State University is Accredited by The Higher Learning Commission, which signifies academic excellence and fiscal stability.
  • CSU Master of Applied Statistics in Data Science is ranked among the Top 30 (per the U.S. News & World Report) AS programs
  • CSU offers programs accredited by the Accreditation Board for Engineering and Technology (ABET)
  • In-built TOEFL/IELTS training and study abroad modules to meet U.S.A. study requirements
  • End-to-end application, counseling and visa application support from upGrad
  • Eligible to apply for up to 36-months STEM OPT after graduation
  • Dedicated Student Success Team
About IIIT Bangalore
Known for its practice oriented learning and entrepreneurial support, IIIT Bangalore is an independent institution and a deemed university. Till date, IIIT Bangalore has incubated more than 20 startups and published more than 1000 publications. IIITB’s outstanding faculty, curriculum and pedagogy ensures that their graduate programs are ranked amon the best in the country. Their students have been well received by industry, and have been placed with some of the leading companies in the IT industry. ...Read more
About Colorado State University
Established in 1870, Colorado State University (CSU), in the heart of Fort Collins in Northern Colorado,is one of thenation's top public research universities that strive to teach students the importance of community, shared responsibility, and inclusion. CSU campus spans about 580 acres and is in close proximity to downtown Fort Collins and Denver which offers abundant job opportunities.For152 years, CSU has conducted cutting-edge environmental research in areas like atmospheric science and climate-smart agriculture.With an emphasis on ground-breaking research, Colorado State University System's flagship — CSU (in Fort Collins) —is a doctoral-granting R1 research university.CSU was awarded the R1 status for impeccable research activity in the Carnegie Classification of Institutions of Higher Education, the leading framework for describing colleges and universities in the U.S.A. The R1 status seals the institute’s position among146prestigious universities from nearly 3,900 to earn the distinction(only 3%of all the U.S.A institutions have this designation).The university has also forged its name as one of thefirst institutionsglobally to be designatedas an Innovation and Economic Prosperity University by theAssociation of Public and Land-Grant Universities (APLU), North America's oldest higher education association. This lofty designation recognizes higher education institutions that demonstrate an exceptional commitment to economic and community development (on state-level and on-campus). To date, only 80 institutions have earned this distinguished recognition.CSU demonstrates a commitment to the highest caliber academic experiences. The university offers 76undergraduate degree programs,74doctoral programs, and 47graduate certificates. Under the tutelage of seasoned faculty members and with a portfolio of robust curricula that consistently rank among the best globally, learners gain theoretical and practical knowledge. This further aids learners in concretizing their position in the global market.Regardless of the program learners pursue, they will gain critical insights and perspectives via small-group sessions, discussions, and research projects. The university supports collaborative leadership to create a diverse, forward-thinking, data-driven elite graduate community. From boasting an ever-growing alumni community (currently2,52,000 from 100 countries) to offering peer-to-peer learning experiences, CSU prepares professionals adept at navigating business challenges. ...Read more
About USA
The USA is one of the most sought-after countries for international students, given the scope of academic and professional opportunities. Let us discuss some more reasons that make it worth studying in the USA:1.World-Class EducationThe U.S. has nearly 4,000 accredited higher-education institutions. It has the highest number of universities in the op 100 and 200 globally (per QS World Rankings 2024), making it a hub for excellent education.2. Internationally-recognized DegreesThe U.S. degrees are recognized worldwide. A U.S. college or university degree allows students to enhance their careers through advanced learning and better career opportunities.3. Student-Friendly CitiesThe U.S. has four cities (Boston, New York, San Francisco, and Los Angeles) ranked among the top 30 QS Best Student Cities 2024, solidifying the country's reputation not just for academics but also for facilitating an education-intensive environment that is open and welcoming.4. Higher ROIStudying at a reputed U.S. university helps students earn high salaries post-completion of their program, thus providing higher ROI.5.Earn While LearningThe U.S. F-1 study visa allows students to work on-campus for 20 hours per week during a semester and full-time on holidays. ...Read more

Career Opportunities

MS in Applied Satistics

  • Research Analyst

    USD 82,833 Annually 1

  • Financial Analysts

    USD 65,728 Annually 1

  • Data Scientist

    USD 99,344 Annually 1

  • Business Intelligence Analysts

    USD 73,138 Annually 1

  • Industrial Engineer

    USD 73,177 Annually 1

  • Statistician

    USD 85,290 Annually 1

  • Research Scientist

    USD 87,311 Annually 1


IIIT BangaloreAdvanced Certificate Program in Data Science


Colorado State UniversityMS in Applied Statistics

  • 300+

    Hours of Content

  • 7+

    Case Study & Projects

  • 20+

    Live Sessions

  • 15+

    1:8 Group Coaching Sessions

Loan Partners

Frequently Asked Questions

Course Curriculum

What is the scope of the MS in Applied Statistics program?

The MS in Applied Statistics is an engaging yet rigorous course split into 2 parts - 8 months online course (with IIIT-Bangalore) and 12-months on-campus program (Colorado State University, U.S.A.) designed for students to develop practical knowledge and skills, establish a professional network, and accelerate entry into the field of Data Science, Machine Learning and Applied Data Mining & Analytics in Business. The student as part of this program will receive dual certification - an Advanced Certificate Program in Data Science from IIIT Bangalore and a Master’s degree in Applied Statistics from Colorado State University.

What should I expect from MS in Applied Statistics?

The MS in Applied Statistics program equips students with the skills needed to meet the high demand in the field of Applied Statistics. The curriculum focuses on essential areas such as Data VisualizationData Analysis techniquesStatistical Consulting Skills, and provides hands-on experience through real-world projects. With diverse programming options, students can tailor their studies to align with their interests and career goals. Additionally, the program facilitates the development of a strong professional network, allowing students to connect with industry leaders. Graduates of the program can pursue rewarding careers as industrial engineer, research scientist, actuary, operations research analyst & data scientist. Upon program completion, students also have the opportunity to apply for OPT in the U.S.A., and receive support from Colorado State University Career Services to kickstart their careers in the United States.

Which topics are going to be covered as part of the online coursework?

The online program is designed for professionals with limited data analytics experience to help them build their understanding from the basics to an advanced level. The program covers tools such as Python, MySQL and Excel, as well as important Data Science concepts such as statistics and exploratory data analytics, regression, clustering, tree models, model selection, principal component analysis, machine learning & artificial intelligence, Aligned Mathematical Theory, applications, signal processing and many more.

What type of learning experience should I expect from the online coursework?

The online learning experience will be a mix of interactive lectures from industry leaders as well as world-renowned faculty. Additionally, the program comprises live lectures dedicated to solving your academic queries and reinforcing learning. The on-campus learning experience will offer students the opportunity to engage directly with faculty.

Is any certification granted at the end of the program?3

Post successful completion of the online program, an Advanced Certificate Program in Data Science certificate would be awarded from IIIT Bangalore and on completion of the on-campus degree program, a Master's degree in MS in Applied Statistics shall be conferred upon by Colorado State University.

Can I sign up only for a few specific modules if I am interested in it?

No, the program is designed to be completed in its entirety, and cannot be taken as standalone modules.

About Colorado State University, U.S.A.

Why should you pursue MS in Applied Statistics from Colorado State University, U.S.A.?

  • CSU Master of Applied Statistics in Data Science is ranked among the Top 30 (per the U.S. News & World Report) AS programs. The CSU program is featured alongside Rice University and the University of California, Berkeley (UCB) program.
  • Learners get the opportunity to work with similar data software programs that employers are looking for, learners build crucial skills in data visualization, predictive modeling, and data analysis techniques.
  • The university has impressive industrial connections, including IBM, and ISSA (Information Systems Security Association), that provide learners with industrial insights. 
  • CSU's Master of Applied Statistics offers a deep understanding of the vital statistical models and analytical tools for the practical analysis of complex data and the ability to analyze new types of problems.
  • The university is regionally accredited, signifying the global quality education standards offered via its programs. 
  • The university is designated a Carnegie R1 (very high research activity) institution. Learners are an integral part of CSU research.
  • CSU learners can leverage the campus's proximity to Denver and Silicon Valley and work with global giants like; Alphabet, Meta, Apple, Intel, Nvidia, Woodward, Inc (a leading aerospace and industrial company), and more. 
  • 86% of CSU graduates are employed in a profession related to their study fields. This exhibits the university’s focus on nurturing the employability of its learners.
  • Per QS Graduate Employability Rankings 2022, CSU is among the Top 500 universities globally.
  • CSU campus is nestled in Fort Collins, which is known as a hub for innovation, research, and entrepreneurship. The city's key industries include Bioscience, Clean Energy, and Hardware & Software Technology.
  • Per the Bureau of Labor Statistics, jobs for data scientists are projected to swell by 36% (between 2021 and 2031) (more than the national average of 5.3%). Hence, learners in this domain get a plethora of opportunities with the right skill sets. 
  • The average annual salary range for a Master of Applied Statistics in the U.S.A. is $54k–$156k (per Payscale, 2023).
  • CSU offers career support via – Career Center. Learners can stay ahead of the curve with insider tips, mock interviews, networking options, and workshops to help them seize the best market opportunities.

Can international students work to pay for their educational expenses?

All students in the U.S.A. with a valid F-1 Visa are not eligible to work off-campus. Rather, such students are eligible to work on-campus as graduate assistants or research assistants or other on-campus ad-hoc jobs and receive compensation, beginning in their first semester. The list of available positions will be provided in advance of the Fall semester (please note the number of these positions are limited and not guaranteed).

Will I be supported for TOEFL/IELTS/PTE or other English language exams during this program?

Yes, upGrad will help you prepare for the English proficiency test to establish your current English proficiency to be eligible for the Master's program in the U.S.A.

When will I go to Colorado State University, U.S.A.?

Colorado State University offers 2 intakes for students coming through the accelerator route. The first intake of the year will be the January (spring) intake and the second intake of the year will be September (Fall). Though the application process for Colorado State University will start during the IIIT Bangalore online program, you will be able to go to Colorado State University in the nearest intake which is at least 3 months away from completion of your IIIT Bangalore program.

When will I get an Offer Letter from Colorado State University?

upGrad will apply for you to Colorado State University once all the documents are provided by you (as given in the offer letter issued to you by upGrad). Apart from the documents mentioned in the offer letter of Colorado State University you will have to give proof of English proficiency for application of admission in Colorado State University. upGrad will support you to get your English proficiency scores within 3 months of the start of the batch to accelerate this process.

Selection Criteria

How do I know if the program is right for me?

This program is right for:
  • Individuals with a strong academic background, particularly from Science/Engineering/Technology.
  • Ideal for individuals seeking career opportunities as industrial engineer, research scientist, ML, operations research analyst & data scientist.
  • Individuals with a background in Data science, offering the opportunity to apply technical expertise to address information challenges and bridge computing skills with practical concerns in areas such as data governance, ethics, and business intelligence.

Is there any minimum educational qualification required to take this program?

To be eligible for the program, the following criteria need to be fulfilled:
  • Bachelor’s degree in B.Engg / B.Tech / B.Sc / BCA / BBA / BCom with minimum 60% marks or above. The maximum backlogs (ATKTs) accepted will be 10. The awarding University must hold a NAAC rating of A or higher (in years 2020/2021/2022/2023).
For Colorado State University
  • An aggregate score of 3.0 GPA and above in the Advanced Certificate Program in Data Science with a minimum of 3.0 GPA in each course.
  • English Proficiency Requirements are TOEFL iBT >= 80 or IELTS score >= 6.5 or PTE >= 58 or Duolingo >= 120.

What are the list of documents required for the application ?

  • Scanned copy of the Class 12th Transcript
  • Scanned Copy of the Undergraduate Degree, Transcripts and Semester Marksheets
  • Scanned copies of passport
  • Statement of Purpose
  • Three letters of recommendation (Academic/Professional)
  • Resume
  • Proof of English Proficiency (TOEFL iBT, IELTS, PTE, etc.)

What is the selection process for this program?

There are 4 simple steps in the Admission Process which is detailed as.
Step 1- Complete Application -Complete your application and submit the required details. The Admissions Committee will then review your application - which include your work experience & educational background.
Step 2- Apply for the Scholarship- Submit your Statement of Purpose to join a IIITB program.
Step 3- Get Shortlisted & Receive the Offer Letter- Upon qualifying, an Offer Letter will be sent to you confirming your admission to the course.
Step 4- Block your Seat - Block your seat with an initial payment of INR 25,000 to enroll into the Program. Begin your leadership journey.

Is work experience required for this course?

A relevant professional work experience is recommended but not required.

Time Commitment

What is the time commitment expected for the program?

At least 12-15 hours per week of time commitment is expected to be able to graduate from the program.

How will my doubts/questions be addressed in an online program?

Peer-to-peer discussion forum where you can post your queries and your peers/faculty/teaching assistants answer your queries within a day. Regular Q&A sessions with faculty to get clarification on conceptual doubts.


Will upGrad help me in writing Academic and Visa SOP?

Yes, upGrad will help with your Academic and Visa SOP and will also organize training on how to write a good SOP.

How much are living expenses for a year in U.S.A.?

Living expenses in U.S.A. for international students are approximately USD 13,728 per annum. The same needs to be reflected in your bank account.


No cost CC EMI FAQ's

0% EMI with Finance partners /Credit card option availability will vary program wise.

1. Which banks allow using 0% Credit card EMI or Credit card EMI?
No cost EMI is available on credit cards from all major banks (American Express, Bank of Baroda, HDFC Bank, ICICI Bank, IndusInd Bank, Kotak Mahindra Bank, RBL Bank, Standard Chartered, Axis Bank, Yes Bank, State Bank of India, CITIBANK and HSBC)
2. Is there any minimum transaction limit ?
Yes. 50000 is the minimum.

3. Standard Chartered Bank offers 18 or 24 months No Cost EMI ?
No. ONLY 12 months is available irrespective of the Program enrolled.

4. Will I have to pay any extra amount for the EMI transaction?
If you are availing 0% credit card EMI, upGrad will not charge any processing fees or down payment for these transactions. Your bank may levy GST or other taxes on the interest component of the EMI.

5. Are there any fees or down payment?
Certain banks charge nominal processing fees between INR 99 - 500 on 0% Credit Card EMI transaction. If charged, will be billed in the first repayment installment.

6. Can I use my International credit card for 0% credit EMI or Credit Card EMI?
Only the Indian bank credit cards can be used. But you can pay the amount using the Credit card option in one shot / part payments, and later you can convert into EMI from your respective bank. The tenures and interest charged will depend on your bank. upGrad will not charge any processing fees or down payment for these transactions, this will be purely between you and your bank.

7. Are there any charges in case I opt for cancellation/refund from the course after paying balance with no cost EMI ?
Yes, there will be additional charges to the extent of interest paid by the upGrad to the bank, you will be refunded only Principal amount, i.e. the amount actually deducted/blocked from your card. This deduction will be in addition to the amount mentioned in the refund policy shared with your offer letter.

8. Can I Pay Using Multiple Credit Cards ?
Multiple cards can be used to complete the payments using Part payment option make sure to inform the learner, minimum transaction is INR 50000 to opt for 0% CC EMI E.g. Amount to be paid: 150000. I can pay using 2 Credit cards. Yes, Example :
HDFC Card – Part payment – INR 100000
ICICI Card – Part payment – INR 50000

9. How can I opt for Credit card EMI if my bank is not listed in the 0% Credit card EMI or Credit card EMI?
You can pay the amount using the Credit card option in one shot / part payments, and later you can convert into EMI from your respective bank. The tenures and interest charged will depend on your bank. upGrad will not charge any processing fees or down payment for these transactions.

10. Why is the entire amount blocked on my credit card?
Initially your bank will block the entire amount from your available purchase limit and from your next billing cycle, you will be charged the EMI amount. As you start paying your EMI, your credit limit will be released accordingly. For example, if you have made a payment of ₹100000 on 6-months EMI and your credit limit is ₹200,000 then initially your bank will block your credit limit by ₹100000. After payment of your first month EMI of Rs.15000, the blocked amount will come down to ₹85000.

11. Why is interest getting charged on No Cost EMI?
Your bank will charge you interest. However, this interest charge has been provided to you as an upfront discount at the time of your payment, effectively giving you the benefit of a No cost EMI. The total amount paid during the entire EMI tenure to the bank will be equal to the amount to be paid to upGrad.

Eg. Amount payable to upGrad: INR 405000
Let's say Amount deducted at the time of transaction: INR 379850 (Principal amount) Bank charges interest of 12-15% per annum on INR 379850
[Note: Interest factor is reducing rate and not Flat rate]
EMI AMOUNT = INR 33750 x 12 = INR 405000
Effectively, you have taken loan on 379,850 instead of 405,000

Refund Policy

Is there any deferral or refund policy for this program?

Refund Policy: 
  • Students must pay an applicable Caution Amount for the enrollment to the Program. This Caution Amount will be adjustable against the total Program fee payable by the student.
  • Once the student has made a partial or full payment of Program fee, such student can claim a refund for this amount at any time before the cohort commencement date by raising a refund request through ‘My applications’ page on our website (www.upgrad.com), stating the specific reason for the refund. The refund shall be subject to a deduction of INR. 20,000/- towards processing fee. If less than INR. 20,000/- have been paid in total, students shall not be eligible for any refund in such a case.
  • Students shall not be eligible for a refund (under any circumstances) if the refund request is raised post-program/Batch Start Date. In such a case, the student will continue to pay the EMI of his loan (if applicable), as the loan cannot be canceled. This is also applicable to students who could not complete their payment and could not get enrolled in their opted cohort. However, the student can request a Pre-Program deferral as per the policy defined below for the same.
  • Student shall not be eligible for refund of any amount paid towards the Program in case any discrepancy is identified between your application and self-attested documents including but not limited to wrong details about your grades or any other incorrect information provided in your application.
  • In case of a valid refund request post obtaining the loan from a third party credit facility provider, we would like to clarify that the responsibility of canceling the loan will lie with the student as upGrad is not privy to such arrangements between the student and the third party credit facility provider.
  • If students do not provide documents as per the timeline mentioned in the offer letter, they will be deferred to the next batch but they will not be eligible for any refunds.
  • You shall not be eligible for refund of any amount paid towards the Program in case any discrepancy is identified between your application and self-attested documents including but not limiting to wrong details about your grades or any other incorrect information provided in your application.
 Deferral Policy: (Pre- Program Commencement) 
  • If a student, due to unavoidable circumstances is unable to commence with the cohort and requests for a deferral before the cohort starts, we provide the opportunity for the student to defer to another batch.  However, if a student is deferring from his assigned cohort batch mentioned in the offer letter, the student will not be eligible for any refund post the deferral.
  • However, the student will be required to pay 50% of the total course fee amount (inclusive of taxes) before the deferral can be approved. Till this is completed, the student will be assumed to be continuing in the same cohort.
  • A student can request for deferral only once and to either of the scheduled cohorts to start in the next 1 year from the batch start date of the initial batch the student enrolled for.
  • The student has time till the current cohort launch date to make the payment of the 50% program fee, post which the deferral request will expire. Once the deferral window expires and the student now asks for a refund, the above-mentioned applicable refund policy will apply.
  • The fee applicable to the deferred student will be as per prevailing fee for the batch student as opted to defer to (No additional deferral fee is required to be paid).
  Deferral Policy: (Post Program Commencement) 
  • If a student is facing severe issues in dedicating time to the course, we provide the opportunity for the student to defer to another batch.
  • A student can request for deferral only once and to either of the scheduled cohorts to start in the next 1 year from the batch start date of the initial batch the student enrolled for.
  • The student will be required to pay deferral fees of 10% of the total course amount fee + Taxes if any along with the differential program fees between the two cohorts.
  • The deferral request will be approved once the deferral fee is paid.
  • Till this is completed, the student will be assumed to be continuing in the same cohort.
  • The student has 7 days (including holidays and weekends) from the date of deferral request to make the payment of the deferral fee post which the deferral request will expire, and the student will continue as part of the current cohort.
  • If the student completes the deferral payment, the student’s login will be disabled, the student will leave the deferred cohort and the student will start learning on the new cohort from the point of the last assignment that was graded in the deferred cohort. All grades and progress till that point will be carried forward as it is to the new cohort. For clarification, the grades of the graded assignments will be carried forward, whether the student had submitted these grading during the initial stage.
  • The deferral can only be requested during the batch for which the student has enrolled is ongoing. Once the batch has been completed, deferral requests shall not be entertained. For clarification, the batch completion here shall mean the “last grace deadline” as communicated by upGrad.
 Deferral policy applicable only for International Institute of Information Technology, Bangalore (“IIIT Bangalore”) 
 • The first deferral request to any program offered by IIIT Bangalore (pre-program commencement or post-program commencement) shall be free for one time.
  • The Executive Post Graduate Program learners should complete the course in a maximum duration of 3 years from the initial batch start date.
  • The Advanced Certificate Program learners should complete the course in a maximum duration of 2 years from the initial batch start date.
  • The Professional Advanced Certificate Program learners should complete the course in a maximum duration of 2 years from the initial batch start date.
  1. The above statistics depend on various factors and individual results may vary. Past performance is no guarantee of future results.
  2. The student assumes full responsibility for all expenses associated with visas, travel, and related costs. upGrad does not provide any assurance or make representations regarding visa approval or the procurement of the visa.
  3. upGrad does not grant credit; credits are granted, accepted or transferred at the sole discretion of an educational institution. upGrad does not make any representations regarding the recognition or equivalence of the credits or credentials awarded, unless otherwise expressly stated. If you intend to pursue a post graduate or doctorate degree upon completion of this course or apply for employment which requires specific credits, we advise you to enquire further regarding the suitability of this degree for your academic and/or professional requirements before enrolling.
  4. Please note that the financial support provided by a third-party credit facilitator for the program is in the form of a Personal Loan, not an Educational Loan. This distinction means that the loan does not come with tax benefits or other amenities. We strongly advise all learners to carefully consider this information before proceeding with enrollment.