Masters in Statistics in USA is a full-time 1-2 years postgraduate degree program. Admissions are held in the fall, spring, and summer semesters, depending on the requirements of the university. The eligibility criteria to do Masters in statistics in USA include GMAT and GRE test scores, university transcripts, and letters of recommendation. International students must also present a TOEFL iBT exam score of at least 84.

The minimum requirement for Masters in USA is a GPA of 3.0 on a 4.0 scale. Aside from that, students may be required to meet university-specific entrance requirements such as application fees and admission forms. The fee for MS in statistics in USA can range from 20,000 USD to 63,000 USD (INR 16,64,377– 52,42,787.55).

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Popular universities in UK that offers MS in Statistics in UK includes Stanford University, Boston University, Duke University, and the University of California-Berkeley. Students get after Master's in statistics salary of around USD 110K(INR 91,54,073.50) annually.

Note: $1=83.3 INR as on 3rd December 2023

Masters Degree in Statistics in USA Highlights

The benefits of studying in USA with Masters in statistics are that the candidates will be qualified for jobs that need data analysis, modeling, and interpretation skills. These skills enhance chances of getting a better job with a master's degree in applied statistics than those with only a bachelor's degree. Here are the highlights of the Masters degree in statistics in USA listed below:

Program MS in Statistics
Program Type Full time
Program Duration 1- 2 years
Eligibility Criteria 3.0 GPA or 83-86%
2-3 LORs
SOP
Proof of English Language Proficiency TOEFL-iBT: 84
IELTS: 6.5
Entrance Exams GRE -300; GMAT- 600
Tuition Fees Range 20,000 USD to 63,000 USD (INR 1664377– 5242787.55)
Average Salary USD 96,280(INR 8012310.88)
Top Recruiters JP Morgan Chase & Co.
Deloitte
Hamilton Facebook
Google

Masters in Statistics in USA Areas of Specialization

The 5 fields where statistics used are business, medicine, biology, psychology and social sciences. The areas of specialization in MS statistics in USA are listed below:

  • Financial Statistics and the Statistics of Risk: Utilize statistical methods to analyze financial data, assess market trends, and manage risks for informed decision-making in the financial sector.
  • Bioinformatics, Statistical Genetics, and Biostatistics: Apply statistical tools to interpret biological data, unravel genetic patterns, and contribute to advancements in personalized medicine and genetic research.
  • Statistical Computing and Data Mining: Employ computational techniques to extract valuable insights from large datasets, enabling data-driven decision-making and uncovering patterns in diverse fields.
  • Environmental Statistics: Apply statistical methodologies to analyze environmental data, aiding in the assessment of ecological trends, pollution levels, and the development of sustainable environmental policies.

Why Study Masters in Statistics in USA?

The primary reason for candidates to want to do Masters from USA is for the high demand of the diverse range of high-quality degrees and programs. Along with the high ROI after graduation.

  • Best student cities in USA for jobseekers like DC and Maryland offer the highest concentration of jobs for statisticians in the USA with annual mean wages around $110K.
  • According to the Bureau of Labor Statistics, there is 35% employment growth from 2020 to 2030.
  • High employment in social media, banking, computing, and engineering sectors.

Masters in Statistics in USA Vs Canada

MS in statistics in USA vs Canada is provided below. It shows a clear comparison below the two, where it can be seen that tuition fees are economical in Canada. The ROI for USA is higher than that of Canada. Here is a table comparing MS Statistics USA vs. MS in Statistics in Canada:

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Note: $1=83.3 INR as on 3rd December 2023

I CAD=61.79 INR as on 3rd December 2023

Best Universities for Masters in Statistics US

The best subject for Statistics in USA includes algebra, calculus, number theory, probability theory, game theory, data collecting and sampling techniques, and mathematical modelling. Some top universities in the United States for Masters or MSC in Statistics in USA are listed below, along with their total fees:

University Annual Fees
Stanford University $38,160(INR 3175631.32)
Carnegie Mellon University $48,775(INR 4058999.41)
University of Washington $49,980(INR 4159278.12)
University of California, Berkeley $ 30,351.25(INR 2525796.12)
Harvard University $54,032(INR 4496480.90)
University of Michigan $50,800(INR 4227517.58)
Duke University $93,930.00(INR 7816746.58)
Columbia University $43,602(INR 3628508.30)
Boston University $63,798(INR 5309196.19)
The University of Chicago $62,804(INR 2559465)

Note: $1=83.3 INR as on 3rd December 2023

Admissions for Masters in Statistics in USA

The admissions process for master's degrees in USA in statistics is similar across all universities, with just slight differences. To get admission in USA for Masters in Statistics, students must submit an online application form as well as non-refundable fees that vary by university. Many institutions in the US also demand minimum GMAT and GRE test results. International students must submit the results of their English language competency tests with their application. Most universities in the United States accept TOEFL iBT scores ranging from 84 to 100 as proof of English competence. The next section goes over all the admissions requirements in depth.

Eligibility Criteria for MS in Statistics in USA

Candidates with a BSc degree in Statistics or Mathematics with a minimum of 50-55% marks are eligible for MSc Statistics. Here are the admissions requirements for masters in statistics in USA:

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MS in Statistics in USA Application Fee

Here is the application fee for MS in Statistics in USA in the below-mentioned table:

University Application Fee
Stanford University $125(INR 10402.36)
Carnegie Mellon University $100(INR 8321.89)
University of Washington $85.00(INR 7073.60)
University of California, Berkeley $135(INR 11234.54)
Harvard University $105(INR 8737.98)
University of Michigan $90(INR 7489.70)
Duke University $95(INR 7905.79)
Columbia University $120(INR 9986.26)
Boston University $85(INR 7073.60)
The University of Chicago $90(INR 7489.70)

Note: $1=83.3 INR as on 3rd December 2023

Application Deadline for Masters in Statistics USA

Masters in Statistics is 1-2 years program. Application deadlines for top universities in USA varies for each institute. Candidates must check Masters in Statistics USA application deadline:

University Application Deadline
Stanford University November to March
Carnegie Mellon University December 1
University of Washington November 15
University of California, Berkeley November 30
Harvard University January 1
University of Michigan January 15th
Duke University November 30, 2023
Columbia University January 15th
Boston University December 15
The University of Chicago January 4, 2024

MS in Statistics in USA Admission Requirement

To be eligible for MSc Statistics, applicants must have completed their Bachelor's Degree with at least a 3.0 overall grade point average (GPA) in subjects like mathematics, for admission to the M.S. Program in Statistics. Check the MS in Statistics in USA admission requirements:

University ELP Requirement Score Requirement
Stanford University TOEFL: 100
IELTS: 7.0 overall band score
PTE: 68 overall score		 No minimum GMAT or GRE score
Carnegie Mellon University TOEFL: 108
IELTS: 7.0		 GMAT score- 668
GRE scores are not required.
University of Washington TOEFL iBT-92
DET-125
IELTS-7.0		 GRE scores are required
University of California, Berkeley TOEFL-90
IELTS-7.0		 No minimum GMAT or GRE score
Harvard University TOEFL-80
IELTS-6.5		 GRE scores are required
University of Michigan TOEFL-84
MET-59
IELTS-6.5		 GRE Quantitative-168 166
GRE Verbal-155
GRE Writing-3.3
Duke University TOEFL: 102-109
IELTS: 7-7.5
Duolingo English Test: 115-130		 GRE Verbal: 155-162
GRE Quantitative: 168-170
GRE Analytical Writing: 3.5-4.0
Columbia University TOEFL-99 IELTS-6.5
PTE-68
Duolingo English Test-134		 GRE is not required for the 2024 admission cycle
Boston University TOEFL-90
IELTS-7.0		 GRE is NOT required to apply for Spring 2024 or Fall 2024 admission
The University of Chicago TOEFL IBT: 104
IELTS: 7.0		 GRE/GMAT scores accepted

MS in Statistics in USA Cost of Living

Here is the table for MS in Statistics in USA Cost of Living given below:

University Cost of Living
Stanford University $54,517(INR 4536842.05)
Carnegie Mellon University $31,122(INR 2589937.05)
University of Washington $36,220(INR 3014186.75)
University of California, Berkeley $25,990(INR 2162857.91)
Harvard University $30,735(INR 2557731.35)
University of Michigan $18,222(INR 1516413.88)
Duke University $23,822(INR 1982439.44)
Columbia University $32,940(INR 2741228.92)
Boston University $21,126(INR 1758081.43)
The University of Chicago $45,673(INR 3800854.54)

Note: $1=83.3 INR as on 3rd December 2023

MS in Statistics in USA Scholarships

To get 100% scholarship for MS in USA depends on universities and courses. Some universities offer a 100% tuition fee waiver, while others offer a partial waiver, or cost of living expenses. Here are the top universities that offer scholarships for MS in USA:

University Scholarship Name Eligibility Scholarship Amount
Stanford University Knight-Hennessy Scholars (KHS) program A student with excellent academic record Financial support for the full cost of attendance
Carnegie Mellon University Presidential Fellowship Merit-based and a candidate will be selected during the application review process $50,000(INR 4160942.50)
University of Washington UWB General Scholarship A student with academic excellence $750-$3,500(INR 62414.14 - 291265.98)
University of California, Berkeley Dr. and Mrs. James C.Y. Soong Fellowship Candidates who have outstanding undergraduate records Tuition fees
Harvard University Aga Khan Scholarship A student with excellent academic record 50% grant and 50% loan
University of Michigan George (William Hamby and Libbie B.) Scholarship Students with high academic achievement and demonstrated financial need Tuition fees
Duke University Dean’s Research Award for Master’s Students A student with excellent academic record Tuition fees
Columbia University FAFSA Enrolled in an eligible degree or certificate program Partial tuition fees
Boston University Graduate Arts Research Grants Full-time students in good academics $3000(INR 249656.55)
The University of Chicago UChicago Advanced Scholars (4+1) Program Enrolled at least half time (200 units or more) in a program leading to a degree $5,000(INR 416094.25)

Note: $1=83.3 INR as on 3rd December 2023

Jobs after MS in Statistics in USA

Popular Job Sectors in USA hire candidates with Masters in Statistics in USA. The employment rate in USA is higher than any other country. Here are the few job prospects along with salary in USA:

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Note: $1=83.3 INR as on 3rd December 2023

Work Permit after MS in Statistics in USA

An F1 visa is USA is required for candidates seeking for temporary work related to their field of study. Applicants can also remain in the USA for a year following the end of the course after obtaining the F1 visa. They can apply for Optional Practical Training (OPT), which allows international students to stay and work in the United States for a full year, if they have an F1 visa. Temporary work experience that is closely relevant to an F-1 student's major is known as OPT. Before finishing their academic studies (pre-completion) or after finishing their studies (post-completion), qualified students may seek to receive up to a 12-month OPT job authorization. All pre-completion OPT periods, however, will be subtracted from the post-completion OPT time that is available.

MS in Statistics in USA Top Recruiters

Jobs after MS in USA depends upon the course and work experience of the candidate. Top recruiters for MS in Statistics in USA include:

  • J.P. Morgan Chase & Co,
  • Booz, Allen,
  • 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

ROI for the Top Colleges Providing MS in Statistics in USA

Cost of MS in USA for Indian students depends upon the university, scholarships and more. The ROI of certain colleges attract international students. Here are the ROI for Masters in statistics, US:

University Tuition Fees Cost of Living Salary ROI
Stanford University $38,160(INR 3175631.32) $54,517(INR 4536842.05) $129,800(INR 10801806.73) 78.77%
Carnegie Mellon University $48,775(INR 4058999.41) $31,122(INR 2589937.05) $129,800(INR 10801806.73) 77.22%
University of Washington $49,980(INR 4159278.12) $36,220(INR 3014186.75) $129,800(INR 10801806.73) 67.12%
University of California, Berkeley $30,351.25(INR 2525796.12) $25,990(INR 2162857.91) $129,800(INR 10801806.73) 283.52%
Harvard University $54,032(INR 4496480.90) $30,735(INR 2557731.35) $129,800(INR 10801806.73) 89.69%
University of Michigan $50,800(INR 4227517.58) $18,222(INR 1516413.88) $129,800(INR 10801806.73) 123.48%
Duke University $93,930.00(INR 7816746.58) $23,822(INR 1982439.44) $129,800(INR 10801806.73) 49.22%
Columbia University $43,602(INR 3628508.30) $32,940(INR 2741228.92) $129,800(INR 10801806.73) 108.92%
Boston University $63,798(INR 5309196.19) $21,126(INR 1758081.43) $129,800(INR 10801806.73) 53.05%
The University of Chicago $62,804(INR 2559465) $45,673(INR 3800854.54) $129,800(INR 10801806.73) 53.50%

A master's degree in statistics from the United States is a wise professional choice, as demand for statisticians and analysts across many industries is rising. In addition to having the greatest infrastructure for both academic and research purposes, the USA is home to the top statistical universities in the world. For qualified professionals, job prospects in the USA are also very good.

FAQs

Ques. What is the eligibility to do Masters in statistics?

Ans. The eligibility criteria to do Masters in statistics in USA must need to meet the basic requirements, which include GMAT and GRE test scores, university transcripts, and letters of recommendation.

Ques. What is the minimum requirement for Masters in USA?

Ans. The minimum requirement for Masters in USA is a GPA of 3.0 on a 4.0 scale. Aside from that, students may be required to meet university-specific entrance requirements such as application fees and admission forms.

Ques. What is the fee for MS in statistics in USA?

Ans. The fee for MS in statistics in USA can range from 20,000 USD to 63,000 USD (INR 1664377– 5242787.55). Stanford University, Boston University, Duke University, and the University of California-Berkeley are among the main universities in the United States that offer master's degrees in statistics.

Ques. What is the salary after M.Sc in statistics?

Ans. Students get after Master's in statistics salary of around USD 96,280 annually. Job titles such as statistician, data analyst, research analyst, and investment analyst are widespread.

Ques. What are the benefits of a masters in statistics?

Ans. The benefits of a masters in statistics in USA are the candidates will be qualified for jobs that need data analysis, modeling, and interpretation skills. These skilled workers are known to earn high compensation, graduates with a master's degree in applied statistics are more likely to earn a greater salary than those with only a bachelor's degree.

Ques. Why do you want to do Masters from USA?

Ans. The primary reason for candidates want to do Masters from USA is for the high demand of the diverse range of high-quality degrees and programs. Along with the high ROI after graduation.

Ques. Which is better MSC in statistics or data science?

Ans. Data scientists, unlike statisticians, are more focused on fields such as machine learning and computer science. They are also involved in the design and implementation of data systems, whereas statisticians are more focused on the equations and mathematical models that they employ for analysis.

Ques. Which subject is best for statistics?

Ans. The best subject for Statistics in USA includes algebra, calculus, number theory, probability theory, game theory, data collecting and sampling techniques, and mathematical modelling.

Ques. How can I get admission in USA for Masters?

Ans. To get admission in USA for Masters in Statistics, students must submit an online application form as well as non-refundable fees that vary by university. Many institutions in the United States also demand satisfactory GMAT and GRE test results. International students must submit the results of their English language competency tests with their application.

Ques. Who is eligible for MSc statistics?

Ans. Candidates with a BSc degree in Statistics or Mathematics with a minimum of 50-55% marks are eligible for MSc Statistics. Apart from that GMAT/GRE scores are required along with ELP scores.