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Applied statistics is the root of data analysis, and the practice of applied statistics involves analyzing data to help define and determine business needs. 

With today’s increased access to big data, companies are looking for statisticians, data analysts, data scientists, and other professionals with knowledge of applied statistics who can visualize and analyze data, make sense of it, and use it to solve real-world problems.

If you want to take a leadership role in the analysis and interpretation of complex information flows, you should apply to the Master’s program in Applied Statistics. It will qualify you for jobs around the world in both the public and private sectors. There are universities and institutions that offer this program for free or that offer the possibility of a scholarship.

In a Free Master’s Degree in Applied Statistics, the emphasis is on communication and collaboration, to prepare students to identify the information needs of an organization and the conditions for the survey or statistical analysis, and to clearly communicate the chosen approach and results.

The Master of Statistics program provides a broad and deep theoretical knowledge, focusing on the applications and practical use of statistical theory and methodology. It prepares you to assume a fundamental role in statistical modeling and design, and to make your own methodological contributions.

What is a Master Degree in Applied Statistics ?

A Master in Applied Statistics will provide students with a variety of skills including managing “large” data and successfully describing, analyzing, and making inferences using current and rapidly evolving statistical methodologies. 

These computer and data analysis skills will prepare students for a variety of positions as statisticians. The demand for well-trained statisticians is strong worldwide.

The knowledge acquired, for example, in survey methods and econometrics, is relevant to emerging areas such as data science and integration, big data and statistical learning, as well as others where competent statisticians are required. The applications are often related to economics and other social sciences.

Program, Subjects and Content of the Master Degree in Applied Statistics

These are some of the topics that can be included in the programmatic content of a Master’s degree in Applied Statistics:

  • Computer Theory and Data Visualization
  • Probability and Inference Fundamentals
  • Statistical Computing with SAS
  • Regression Modeling 
  • Design of experiments 
  • Applied multivariate statistics 
  • Advanced programming with R 
  • Advanced statistical modeling 
  • Applied Bayesian analysis 
  • Statistical quality control 
  • Advanced statistical methods

How Long Does the Master Degree in Applied Statistics Take ?

A Master’s Degree in Applied Statistics lasts approximately 2 years full time.

Where can I Work with the Master of Applied Statistics ?

The professional opportunities are excellent and a statistician can work in many different areas around the world. Some examples of employers are banks, insurance and pharmaceutical companies, manufacturers, gaming, marketing and consulting companies

As a statistician with a master’s degree, you can advance your skill set in data science, business, industry, government, health care, and educational and research organizations. Graduates work as: data scientists, economists, financial planners, insurance researchers, quality control managers, market researchers, project managers, public health researchers, and statistical consultants.

Countries and Cities Where You Can Study the Master’s Degree in Applied Statistics for Free by Obtaining a Scholarship

  • Sweden
  • Russia
  • United Kingdom
  • United States
  • Australia
  • France
  • Indonesia

Institutes, Centers and Universities where the Master Degree in Applied Statistics is Possibly Taught for Free, through scholarships

Master’s Degree in Applied Statistics

  • Örebro University
  • Örebro, Sweden.

Master in Applied Statistics with Network Analysis

  • HSE School of Economics
  • Moscow, Russia.

Master’s Degree in Applied Statistics

  • Oncampus London
  • England, United Kingdom.

Master in Applied Statistics

  • Texas A&M International University Laredo
  • Texas, United States.

Master’s Degree in Applied Statistics

  • Macquarie University Sydney
  • New South Wales, Australia.

Master’s Degree in Applied Mathematics and Statistics

  • Polytechnic Institute of Paris
  • Palaiseau, France.

Master’s Degree in Applied Statistics

  • Universitas Padjadjaran
  • Bandung, Indonesia.

Reference Prices for the Master’s Degree in Applied Statistics

The prices of the Master of Applied Statistics can be varied. The prices of these Masters are between $5,000 and $30,000. In some cases it can have a higher cost.

The cost of this Master’s degree will vary according to the country where it is taught, the institution or university that teaches the Master’s degree, the modality, the duration, and the materials provided during the study, among other factors.

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