Friday, 17 August 2012

Where can I find a master’s program in business statistics?

A very specific search, and I’m going to make it more specific: does it have to be online? And does it have to be business statistics specifically?
 
Let me explain why ask that second question. If you can use a somewhat more general degree, you might consider a getting a master’s in applied statistics, and then, well, applying it to business. Penn State has a program like this, for example. It is a good school with a strong reputation, and the same faculty teach the on-ground and online classes, which helps ensure quality control.

Colorado State recently added a similar program, and you can find a number of other reputable schools that have a master’s program in applied statistics: Rochester Institute of Technology has one, Perdue has a certificate in the same area, and so on. So, if you are flexible at all, you have options.

You can also find more options if you search creatively. For example, Cleveland State offers an MBA with a specialization in operations and supply chain management (which used to be referred to as operations management & statistics). Northwestern—quite a strong school— offers a completely online Master of Science in Predictive Analytics. For any school, review the course descriptions on their website to see exactly what their focus is before making a final decision.

Southern New Hampshire offers an online MBA in quantitative analysis. North Dakota State offers an online master’s in applied statistics. Iowa State offers an online master’s in statistics you should be getting the picture by now.

It boils down to this: if your degree has to be a master’s in business statistics, with those words, you have very few options. If you can study applied statistics, or get an MBA with an emphasis on statistics, you have more options—and at good schools. Sit down and think of all the ways statistics can be referred to or what it can be grouped under, and you’ll find that you may have more options than you realized.

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