Statistics Degree

The statistics degree program at New Jersey Institute of Technology 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 New Jersey colleges that offer statistics degrees.

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New Jersey Institute of Technology

5518 Bergenline Ave, West New York, NJ

New Jersey Institute of Technology is a public university that has a large selection of degree programs available for students to choose from. The school is located in Newark, NJ, in a predominantly urban area. Around 8,900 students enroll at NJIT per year.

A list of some of the more popular programs offered are:

• Engineering Technology
• Architecture
• Business And Marketing Studies
• Computer And Information Sciences

Students applying for admission are most often asked to submit an application, school records, standardized test scores and any requested letters of recommendations, which will then be reviewed by admissions staff. Most students at New Jersey Institute of Technology scored in a range of 1010 - 1230 on the SAT. Approximately 69% of applicants are admitted to this school of which 36 percent choose to enroll.

The cost of undergraduate tuition varies for in-state and out-of-state residents. In-state residents pay approximately $15,000, while nonresidents pay $28,000 annually. Housing may be available for students that want to live on-campus at an estimated cost of $8,800 annually. Some students at this school may qualify for financial aid, which is typically offered as grants or student loans.

The New Jersey Institute of Technology "Highlanders" compete in a number of intercollegiate sports through participation in the NCAA. Athletic programs available may include:

• Baseball (NCAA Division I-AAA)
• Basketball (NCAA Division I-AAA)
• Track & Field (NCAA Division I-AAA)
• Fencing (NCAA Division I-AAA)

To see a full list of academic programs offered, enrollment information, admissions information, and more, please take a look at the school's website at njit.edu.

Students Enrolled in the Statistics Program

Get more details below regarding enrollment, academics, and school demographics. New Jersey Institute of Technology has offered the following program levels for students:

• Post-Baccalaureate Certificate
• Master's 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

• Nassau County-Suffolk County, NY Metropolitan Division
  • Total Employment: 280
  • Average Hourly Rate: $79.61
  • Average Annual Salary: $165590
• Newark, NJ-PA Metropolitan Division
  • Total Employment: 2
  • Average Hourly Rate: $96.14
  • Average Annual Salary: $199960

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

• Nassau County-Suffolk County, NY Metropolitan Division
  • Total Employment: 60
  • Average Hourly Rate: $35.41
  • Average Annual Salary: $73660
• Newark, NJ-PA Metropolitan Division
  • Total Employment: 260
  • Average Hourly Rate: $54.45
  • Average Annual Salary: $113250

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