Career in Applied Statistics

A subdivision of Mathematics dealing with the collection, organisation, analyses and interpretation of data to make predictions is the definition Applied Statistics. With the emergence of technology, the implementation of data can now be done by using various software, reducing the time and efforts put in to derive certain results. Used widely in surveys and experiments, making a career in Applied Sciences can definitely take you to places. Let’s explore the possibilities this field entails with our blog!

Overview

Parent field of Data Analysis, Applied Statistics is a mathematical body of Science which involves collection, interpretation, presentation and analyzing data to help, define and determine business needs. In this course, students study topics such as Bootstrap, Correlated errors, Data snooping, Interactions and qualitative variables, Multiple linear regression, log-linear regression for Poisson counts, Regression and prediction, Simple linear regression, Variance and cross-validation, transformations, etc.

List of Courses

There are various courses offered by various universities across the world. Given below is a list of some of the popular programs offered at different levels in this field:

• BSc in Applied Statistics / & Analytics
• MSc in Applied Statistics and Informatics
• Diploma / Post Graduate Diploma / Graduate Certificate  in Applied Statistics
• Master / MPhil in Applied Statistics
• BSc in Statistics
• MSc in Statistics
• MS in Applied Statistics for Social Science Research
• MSc in Applied Statistics Data Analytics course

Popular Applied Statistics Courses

While there is a long list of programs offered by colleges cross country, there are some that are the choicest ones. Taken up by most of the candidates, here is a brief description of some of them:  

BSc in Applied Statistics
It is an undergraduate statistics program, in which students learn to effectively techniques to the problems in quality control, experimental design, data analysis, survey sampling, statistical forecasting and reliability analysis. The subjects covered under this degree includes Basic Mathematics and Statistics, Probability and Statistical Methods, Probability Distributions and Numerical Methods, Sampling Techniques and Design of Experiments, etc.

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MSc in Applied Statistics
This is a postgraduate program in statistics, in which students equip deeper knowledge and understanding of different statistical applications along with thorough professional training. Topics covered under this course are Computational Theory and Data Visualization, Foundations of Probability and Inference, Regression Modeling, Applied Multivariate Statistics, Advanced Programming with R and Advanced Statistical Methods, etc

Post Graduate Diploma in Applied Statistics
PGD in this field is a 1-2 years postgraduate diploma in statistics, that imparts knowledge of statistical methods at a basic level. It provides comprehensive training in theoretical and application of statistical methods and analytics. It caters to students who want to work with Pharma, IT, Research and Development Institutions, Education Industry, etc. Subjects taught are Foundation in Mathematics and Statistics, Descriptive Statistics, Probability Theory, Statistical Techniques, etc.

Top University for Applied Statistics

There are various institutions that offer multiple programs in this domain across the globe. Given below is the list of prominent educational institutions which offers Applied Statistics programs:

• University of Cambridge, UK
• Imperial College of London, UK
• King’s College London, UK
• Purdue University, United States
• University of Southampton, UK
• Macquarie University, Australia
• Queen’s University, Canada
• Colorado State University, United States
• Victoria University of Wellington, New Zealand

Career Prospects

There are a plethora of career opportunities open for students with this degree in both public and private sectors courses. Candidates holding this degree can get generally work in fields such as business, agriculture, government organisations, private sectors, computer science, scientific, health sciences, etc. Here are the popular jobs which students can pursue after completing a degree in Applied Statistics:

• Statisticians
• Statistical Analyst
• Financial Analyst
• Business Analyst
• Mathematician
• Operation Research Analyst
• Risk Analyst
• Data Analyst
• Content Analyst
• Biostatistician
• Data Scientist
• Econometrician

Thus, we hope that this blog has helped you gain clarity about Career in Applied Statistics and its scope. If you are unsure about the right educational institution to pursue this program, reach out to Leverage Edu experts and we’ll assist you in finding a suitable university according to your interest.