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.
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.
These are some of the topics that can be included in the programmatic content of a Master’s degree in Applied Statistics:
A Master’s Degree in Applied Statistics lasts approximately 2 years full time.
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.
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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