Michigan Technological University has launched an online graduate program in applied statistics to meet the growing industry demand for statisticians.
The program is designed to empower students with the data analysis skills to increase their competitiveness in the job market amidst the growing data revolution. Geared toward programmers, analysts, mathematicians and statisticians, the program is also useful for non-statistics graduates who want to enhance their applied-statistics knowledge base.
The Bureau of Labor Statistics predicts that the demand for statisticians and related jobs will grow 33 percent by 2026. The industry will need an additional 13,500 candidates who are well versed in the science of data and applied statistics, to drive critical business decisions. Graduate programs like Michigan Tech’s online MS in Applied Statistics prepare students with these essential skills so they will be ready to solve real-world problems faced by organizations throughout the economy.
“Applied statisticians play an important role in the interpretation of data, but there is an acute shortage of talent,” said Mark S. Gockenbach, chair of the University’s Department of Mathematical Sciences. “Our curriculum allows working professionals to upgrade their skills and prepare themselves for the data revolution.”
The MS in Applied Statistics has been launched in collaboration with Michigan Tech’s online program management partner, Keypath Education LLC. Michigan Tech also partnered with Keypath for the launch of its MS in Electrical Engineering and MS in Civil Engineering online programs earlier in 2018.
“We are excited to partner with Michigan Tech for the MS in Applied Statistics. Our goal is to make quality education accessible to students all over the world,” Keypath CEO Steve Fireng said. “A degree from a prestigious school like Michigan Tech will add value to their careers and make them more employable.”
The versatile degree will prepare students for a wide range of careers including data scientist, statistician, biostatistician, data engineer, machine learning researcher, market research manager and actuarial director, among others.
Michigan Technological University is a public research university founded in 1885 in Houghton, Michigan, and is home to more than 7,000 students from 55 countries around the world. Consistently ranked among the best universities in the country for return on investment, the University offers more than 125 undergraduate and graduate degree programs in science and technology, engineering, computing, forestry, business and economics, health professions, humanities, mathematics, social sciences, and the arts. The rural campus is situated just miles from Lake Superior in Michigan's Upper Peninsula, offering year-round opportunities for outdoor adventure.