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
- 274
- 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 | 239 | 239 |
| Carnegie Mellon University | Pittsburgh, PA | 0 | 12 | 12 |
| University of Miami | Coral Gables, FL | 0 | 10 | 10 |
| Wayne State University | Detroit, MI | 0 | 6 | 6 |
| High Point University | High Point, NC | 0 | 4 | 4 |
| Wake Forest University | Winston-Salem, NC | 0 | 2 | 2 |
| Calvin University | Grand Rapids, MI | 0 | 1 | 1 |
| Albion College | Albion, MI | 0 | 0 | 0 |
| University of the Incarnate Word | San Antonio, TX | 0 | 0 | 0 |
| Northwestern College | Orange City, IA | 0 | 0 | 0 |
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Considering this direction?
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