Masters in Statistics in USA: Top Universities, Eligibility, Visa, Scholarships and ROI

Masters in Statistics in the US is a 1.5 to 2-years full-time degree program available under research-based, course-based, or a combination of both. 8 top universities in USA like Standford, Duke, Harvard offering Masters in Statistics in USA are ranked under 100 in QS World Rankings 2022 Pursuing Masters in Statistics in US as an Indian student will be around INR 15 lakhs to 55 lakhs for tier-1 and tier-2 universities, respectively.

International candidates who want to pursue a Masters in Statistics course in the US, need to submit a three to four-year bachelor's degree in a relevant stream with a minimum of 70% to 80% and minimum of 600 GMAT and 90 in TOEFL. To cut down the high cost of attendance, students can apply for scholarships in USA and waive off up to 7,000 and 8,000 USD. The average salary fresher candidates can earn after completing their Masters in Statistics can range between 31,000 to 55,000 USD per annum.

Top Universities for Masters in Statistics in USA

Various types of private and independent universities in the US offer Masters in Statistics courses. Some of the popular Masters in Statistics colleges in the US among international candidates are:

Why Masters in Statistics in USA?

Professional courses in the US, such as MBA, Master's, Graduate Certificate, PG Diploma, etc enable candidates to get important industry-related skills along with their studies. Some of the major reasons for pursuing Masters in Statistics course from the USA are given below:

• Most of the top universities such as Stanford University and Harvard University are placed in the top 10 rankings of both Times Higher Education and the QS World University Rankings 2022.
• Masters in Statistics is a job-oriented course that assists candidates with the attainment of both mathematics and statistics skills within the business.
• The Masters in Statistics courses in the US provide them to work in various industries along with their jobs.
• Various types of scholarships and awards are provided by US universities to cover up the studies. Students can waive off 100% of tuition fees.

Masters in Statistics in USA: Highlights

Masters in Statistics in USA: Admissions

Candidates planning to study in US universities offering Masters in Statistics courses will need to start preparing their applications by January end. Below we have discussed the application deadlines to get into some of these top universities of US:

Eligibility for Masters in Statistics in US

International candidates who want to get admission to MSc Degree in Statistics in US universities, have to fulfill some complex requirements. For Masters in Statistics in the US, candidates must have an undergraduate degree in a relevant stream such as data science, mathematics, statistics, etc from a recognized university. Below are some of the most important eligibility criteria for getting admission to Masters in Statistics in the US.

• Candidates must have an undergraduate degree in the statistics-related subject from a recognized university.
• The average percentage score should be between 70% to 80% in bachelor's degree.
• Standardized Test Scores in USA
• GRE or GMAT Test Scores
• English Language Proficiency tests scores
  • IELTS: 6.0 – 7.0
  • TOEFL IBT: 90 – 100
  • PTE: 60
• Official scanned copy of transcripts
• English translation of non-English transcripts
• Statement of Purpose for US
• Personal Statement
• Either two or three letters of reference from your academic teachers.
• Updated Resume or CV

USA Student Visa

International candidates who want to study in US universities will have to apply for a student visa for the US. Below are the eligibility criteria:

Masters in Statistics in USA: Cost o Attendance

International candidates who are planning to get admission to the Masters in Statistics Program in the US will need to prepare an estimated budget for their education. The expenses of colleges and their costs are given below.

Pre-Arrival Expenses

Pre-arrival expenses is the amount a student has to spend on their university application fees, visa fees, ELP Test fees along with the other such expenses that a student can make before leaving the home country are given below:

Tuition Fees for Masters in Statistics in USA

The average tuition fees required to pursue masters in statistics in USA ranges between 20 lakhs to 40 lakhs. The annual tuition fees of some popular universities for pursuing a postgraduate course in statistics in US are given below:

Costs of Living in USA

To study in USA, students are required to be prepared with an annual budget for living expenses. Living expenses in US are highly dependent on city. However, the average cost to live in USA is given below:

Masters in Statistics in US: Scholarships

Some of the universities offering MS in Statistics courses in the US provide various types of scholarships in US and awards to international candidates to cover up their studies. Below we have given some of the popular scholarships to study in USA for Masters in Statistics courses

• Fulbright Scholarship: This scholarship is provided for international candidates studying at Stanford University. Masters students are eligible for the scholarship. The total amount given under this scholarship varies for students.
• KC Mahindra Trust Scholarship: Indian students can apply for this scholarship has a bachelor's degree with 65% marks. The amount varies under the scholarship.
• Karsh International Scholars Program: This is provided to the students with outstanding academic achievement with the benefit of around 7,000 USD.
• Civil Society Leadership Award: International candidates who are studying Masters's degree are eligible for the scholarship having good academic records. Students will get a number of benefits under the scholarship including tuition fees, living expenses etc.
• Fully-Funded Rotary Peace Fellowships: Students studying Masters' degrees in the US are eligible for the scholarship. This is an external scholarship in which students will get benefits such as tuition, fees, rooms, transportation etc.

Jobs after Masters in Statistics in USA

Candidates after completing their MSc in Statistics in the US, can either look for a job in US or pursue their higher education. The average salary fresher candidates can earn after completing their Masters in Statistics can range between 31,000 to 55,000 USD per annum.

Below we have given the salary of different job roles after completing their Masters in Statistics in USA.

With experience the average salary of a candidate will start getting higher depending upon their job. They can also look for getting settled in the country or can look for jobs in the Indian Market as well.

Masters in Statistics Universities in USA: ROI

Below are given some of the most popular colleges which provide the best placements after completing Masters in Statistics courses in US.

Candidates after completing their Masters in Statistics course in the US can look for a job or higher studies in the country. Interested students can also look for MBA or PhD courses after completing their program.

FAQs