Statistics has been a very popular application program in recent years. In addition to its relatively low application difficulty, it offers a wide range of employment opportunities. CheersYou(清柚教育) has prepared a detailed analysis for you. If you're interested, keep reading below~
What is Statistics?
Statistics is essentially the "ancestor" of emerging fields like business analytics, biostatistics, and data science. To meet market and enterprise demands, programs in Data Science and Business Analytics have been established subsequently. They are all related to Statistics, but the proportion of statistics varies among them.
The main prototype of DS: Computer Science
Data Science = 30% Statistics + 50% Computer Science + 20% Application
It mainly studies the design, sampling, and analysis of biological experiments. It can work in statistical analysis at biotech companies and pharmaceutical companies, or enter medical institutions, securities analysis, and insurance companies.
The main prototype of BA: Applied Statistics
Business Analytics = 40% Statistics + 30% Computer Science + 30% Business
BA evolved from the Applied Statistics branch under MS in Statistics. Its theoretical foundation is statistics, and it also involves the use of Data Mining and Regression Models.
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Since there are not many pure Statistics programs in the U.S., biostatistics, financial statistics, applied statistics, and mathematical statistics are also commonly applied directions.
Biostatistics:
It mainly studies the design, sampling, and analysis of biological experiments. It can work in statistical analysis at biotech companies and pharmaceutical companies, or enter medical institutions, securities analysis, and insurance companies.
Financial Statistics:
It mainly focuses on the collection, organization, and analysis of financial business activities and data in the statistical departments of banks and financial institutions, and then provides statistical advisory opinions. It generally leads to jobs in financial institutions such as banks, securities companies, investment funds, accounting firms, and insurance companies.
Applied Statistics:
It mainly studies the application of general statistical theories and methods in various fields such as society, nature, economy, and engineering. It is an interdisciplinary field formed by statistics and other disciplines. It can lead to careers in mathematical research, statistical research, operations research, computer programming, data analysis, accounting, securities analysis, and many other professions.
Mathematical Statistics:
It applies the analytical results of probability theory to deeply study statistical data, reveals internal laws by observing the frequency of certain phenomena, and makes corresponding judgments and predictions by constructing mathematical models. It can work in government departments, financial institutions, and computer companies, etc.
Real Employment Outcomes of U.S. Statistics Master's Programs:
UC Berkeley Statistics Master's Program
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According to the employment statistics of the UC Berkeley Statistics program, graduates have successfully gained employment at major companies such as Amazon, Google, Citibank, JP Morgan, Microsoft, Deloitte, Uber, etc., working as data analysts, quantitative analysts, product analysts, and other roles.
UCLA Statistics Master's Program
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Looking at the internship and partnership companies associated with UCLA's Statistics program, they are mostly local or highly influential enterprises in the industry. Therefore, we strongly recommend that you try your best to get into a good school, as the career resources will not be inferior.
Admission Preferences for U.S. Statistics Master's Programs
U.S. universities tend to admit students with a STEM background, especially those with an undergraduate major in statistics or mathematics. For transfer students from other majors, the admissions committee will pay special attention to their math course grades, or whether they have relevant internship or research project experience. Applicants are often required to be proficient in technical software such as SPSS, Eviews, Matlab, SAS, etc.
Admissions Criteria for U.S. Top 60 Statistics Programs:
|
U.S. Statistics Master's Program |
Undergrad School Requirement |
TOEFL |
GRE |
GPA |
Internships & Research |
|
U.S. Top 10 |
985/overseas undergrad |
110 |
330 |
3.7 |
Four |
|
U.S. Top 30 |
Top finance/economics schools or above |
105 |
325 |
3.5 |
Three |
|
U.S. Top 60 |
211 or above |
100 |
320 |
3.5 |
Three |
Admission Difficulty:
Tier 1
University of Pennsylvania
Duke University
Cornell University
University of California, Berkeley
Rice University
Carnegie Mellon University
Tier 2
Columbia University
Johns Hopkins University
University of Michigan
New York University
University of North Carolina at Chapel Hill
University of Wisconsin-Madison
Purdue University
Tier 3
University of Florida
University of Illinois at Urbana-Champaign
Rutgers University
Case Western Reserve University
University of California, Irvine
University of Connecticut
Tier 4
George Washington University
University of Pittsburgh
Stevens Institute of Technology
Florida State University
Worcester Polytechnic Institute
Arizona State University
University of Delaware
Internship and Application Suggestions:
Research papers: e.g., SCI articles should be prepared early and published before the application deadline.
Biostatistics: Internship experience in the pharmaceutical industry, such as data analysis roles in large hospitals, major drug manufacturers, or medical device companies. Alternatively, you can gain biostatistics-related research experience at research institutions.
For Students Choosing Data Analysis Tracks:
Focus on lining up positions at major domestic internet companies, targeting roles like data analyst/data scientist/data architect/database manager, etc.
Domestic research institutions: such as Chinese Academy of Sciences, or research projects at Tsinghua/Peking University.
Overseas Ivy League research projects: data analysis or statistics-related projects.
CheersYou(清柚教育) has also helped students secure offers for Statistics-related programs!
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If you are interested in learning more about these program information, feel free to consult CheersYou(清柚教育) at any time for further clarification.
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