Applied Statistics and Analytics

Program Overview

In today's data-driven world, if you can analyze data and unlock insights, your talents are in high demand. You can join the fast-growing field of data champions with a master of science in applied statistics and analytics. Learn to take raw numbers, mine insights and see your career take off. Gain the data skills to thrive in this dynamic field.

Program Snapshot

Program Type: Full-Time, Part-Time
Location: On Campus
Program Length: 2 years as a full-time student
Credit Hours: 30 - 33

Why This Program & What You'll Learn

Transform numbers and data into real-world insights. The master’s program in applied statistics & analytics provides you with advanced knowledge and real-world applications in data science. You’ll also learn valuable teamwork and presentation skills that are essential in the workplace.

We offer several sequences of coursework, including data management and programming, data mining, predictive modeling, big data analytics and applied statistics.

Most of the courses require a semester-long research project. You are encouraged to exhibit your projects at CMU's Student Research and Creative Endeavors Exhibition. Outstanding projects are recommended for international project competitions organized by the SAS Institute. In previous years, several student projects have won the competitions.

The statistician employment rate is expected to increase much faster than average at 31 percent from 2021 to 2031 as projected by the U.S. Bureau of Labor Statistics. It is rated the 30th best job of all disciplines and No. 10 in Best Business Jobs, according to U.S. & World Reports “2023 Best Job” rankings.   

Partnering with the SAS Institute, the world leader in analytics, we prepare you for two SAS professional certificate programs. One program is the Certified Specialist: SAS Base Programming Certification Exam and the other is the Predictive Modeler Professional Certification Exam.

We offer graduate teaching assistantships to master's students. Teaching assistantships are determined by the graduate committee based on academic credentials and previous teaching performance.

Program Highlights

As a student in the CMU applied statistics & analytics master’s program, you’ll:

  • Work alongside faculty mentors with expertise in actuarial and risk analysis; Bayesian techniques and applications; and data mining.
  • Develop strong analytical skills and abilities to manage and interpret big data — talents that are in high demand in virtually every discipline.
  • Participate in internships or research projects of your choice supervised by a faculty advisor, an internal or external consulting project, or an internship at a company.

Careers & Outcomes

Statistical knowledge and skill is in high demand and applicable to any industry or business that leverage big data to gather actionable insights. Your degree will help you excel in several fields.

Career Projected Salary
Data Engineer $98,860
Financial Quantitative Analyst $73,810
Data Analyst (General) $72,247
Strategic Marketing Analyst $72,119
Statistical Reporting Analyst $98,920
Business Intelligence Analyst $103,500
Financial and Investment Analyst $95,080
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