Mathematical Statistics and Probability
A program that focuses on the mathematical theory underlying statistical methods and their use. Includes instruction in probability theory parametric and non-parametric inference, sequential analysis, multivariate analysis, Bayesian analysis, experimental design, time series analysis, resampling, robust statistics, limit theory, infinite particle systems, stochastic processes, martingales, Markov processes, and Banach spaces.
- Schools offering
- 10
- Annual completions
- 255
- Typical degree level
- Bachelor's
- Median earnings (5yr)
- $95k
About this major
A program that focuses on the mathematical theory underlying statistical methods and their use. Includes instruction in probability theory parametric and non-parametric inference, sequential analysis, multivariate analysis, Bayesian analysis, experimental design, time series analysis, resampling, robust statistics, limit theory, infinite particle systems, stochastic processes, martingales, Markov processes, and Banach spaces.
Where this major leads
Occupations most often associated with this major, from the federal BLS+O*NET crosswalk. Job-growth projections and median wages are national.
| Occupation | Median wage | Job growth | Typical education |
|---|---|---|---|
| Data scientists | $113k | +33.5% | Bachelor's degree |
| Mathematical science teachers, postsecondary | $79k | +2.3% | Doctoral or professional degree |
| Actuaries | $126k | +21.8% | Bachelor's degree |
| Statisticians | $103k | +8.5% | Master's degree |
| Mathematicians | $122k | -0.7% | Master's degree |
Earnings at a glance
Median graduate earnings from the federal College Scorecard, 5 and 10 years out.
Median 5-year earnings
$95k
Top colleges for Mathematical Statistics and Probability
Ranked by annual completions at the associate's or bachelor's level — a proxy for program scale.
| College | Location | Assoc. | Bach. | Total |
|---|---|---|---|---|
| Purdue University-Main Campus | West Lafayette, IN | 0 | 216 | 216 |
| University of Miami | Coral Gables, FL | 0 | 13 | 13 |
| Wayne State University | Detroit, MI | 0 | 8 | 8 |
| High Point University | High Point, NC | 0 | 7 | 7 |
| Carnegie Mellon University | Pittsburgh, PA | 0 | 4 | 4 |
| Wake Forest University | Winston-Salem, NC | 0 | 4 | 4 |
| Calvin University | Grand Rapids, MI | 0 | 2 | 2 |
| Northwestern College | Orange City, IA | 0 | 1 | 1 |
| University of the Incarnate Word | San Antonio, TX | 0 | 0 | 0 |
| Albion College | Albion, MI | 0 | 0 | 0 |
Related majors to explore
Mathematics, General
18,758 completions/yr
Econometrics and Quantitative Economics
15,101 completions/yr
Statistics, General
3,379 completions/yr
Applied Mathematics, General
2,591 completions/yr
Data Science, General
2,068 completions/yr
Mathematics and Computer Science
1,125 completions/yr
Business Analytics
1,032 completions/yr
Business Statistics
843 completions/yr