Statistics Degree

The statistics degree program at University of Chicago is a general program that instructs students on the similarities, differences, and relationships of groups of measurements using probability theory and techniques. Students who graduate from the statistics degree program may pursue careers as statisticians, food and drug analysts, consumer analysts, and more. Courses include principles in probability theory, binomial distribution, regression analysis, stochastic processes, non-parametric statistics, sampling theory, and statistical techniques. Get more details below including other Illinois colleges that offer statistics degrees.

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University of Chicago

1407 E. 60th Street, Chicago, IL

University of Chicago is a nonprofit private institution located in Chicago, IL and provides a large number of program options for students. Approximately fifteen thousand students enroll at University of Chicago yearly.

Here is a list of some of the popular programs University of Chicago offers:

• Business And Marketing Studies
• Social Sciences
• Public Administration And Social Services
• Legal Professions And Studies
• Biological And Biomedical Sciences

The admissions process begins with the submission of an application, student records, and standardized test scores, which are then evaluated by admissions officials. Very common standardized test scores among applicants admitted to this school are within the range of 31 - 34 on the ACT, or 1400 - 1570 for the SAT exam. Competition for admissions among applicants is high, given that only 20% of students who applied are accepted to the school. More information regarding admissions can be found here.

The cost of tuition is around $47,000, but may change yearly. Students are encouraged to use the school's tuition calculator to better estimate their cost of attending this school. Financial aid may be provided to students that meet the necessary requirements.

The mascot for University of Chicago is the "Maroons", and they participate in intercollegiate athletics through the NCAA. Available athletic programs offered may include but not limited to:

• Baseball (NCAA Division III)
• Basketball (NCAA Division III)
• Track & Field (NCAA Division III)
• Football (NCAA Division III)
• Soccer (NCAA Division III)

Students may visit the school's http://www.uchicago.edu to view additional information.

Students Enrolled in the Statistics Program

Get more details below regarding enrollment, academics, and school demographics. University of Chicago has offered the following academic levels for students:

• Bachelor's Degree
• Master's Degree
• Doctorate Degree

Students by Academic Level (2019)

Students by Gender (2019)

Students by Race (2019)

Source: IPEDS Survey 2012-2020: Data obtained from the US Dept. of Education's Integrated Postsecondary Education Data System (IPEDS). Data may vary depending on school and academic year.

Career Options for Graduates

Natural Sciences Managers

Description

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

Career Outlook & Projections ()

According to the BLS, natural sciences managers employment is expected to grow at a rate of 3.3% from 2014 to 2024

Salary & Wages

• Chicago-Naperville-Arlington Heights, IL Metropolitan Division
  • Total Employment: 840
  • Average Hourly Rate: $50.94
  • Average Annual Salary: $105950
• Gary, IN Metropolitan Division
  • Total Employment: 30
  • Average Hourly Rate: $31.61
  • Average Annual Salary: $65750
• Lake County-Kenosha County, IL-WI Metropolitan Division
  • Total Employment: 420
  • Average Hourly Rate: $82.72
  • Average Annual Salary: $172060

Actuaries

Description

Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.

Statisticians

Description

Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as bio-statistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.

Career Outlook & Projections ()

According to the BLS, statisticians employment is expected to grow at a rate of 33.8% from 2014 to 2024

Salary & Wages

• Chicago-Naperville-Arlington Heights, IL Metropolitan Division
  • Total Employment: 550
  • Average Hourly Rate: $37.71
  • Average Annual Salary: $78430
• Lake County-Kenosha County, IL-WI Metropolitan Division
  • Total Employment: 120
  • Average Hourly Rate: $46.86
  • Average Annual Salary: $97470

Source: Job descriptions, estimated salary and wages, and projected job growth are taken from the Bureau of Labor Statistics (BLS).