Back

What you'll do in college

Statistics is the science of learning from data, measuring uncertainty, and experimental design. You'll take probability theory, regression analysis, Bayesian inference, and statistical modeling. Unlike pure math, stats is highly focused on the messy reality of data variability. You will spend an inordinate amount of time writing R scripts to calculate p-values, testing hypotheses, and vehemently explaining to people that correlation does not equal causation.

What you'll do after college

Graduates become statisticians, biostatisticians, actuaries, risk analysts, and data analysts. You are the gatekeeper of truth in empirical research. Whether you are proving a new pharmaceutical drug actually works, calculating insurance premiums, or forecasting an election, your job is to ensure the numbers aren't lying. Demand is exceptionally stable.

Famous graduates

  • Edward Tufte — Pioneer of data visualization; B.S. and M.S. in Statistics from Stanford University
  • Florence Nightingale — Founder of modern nursing and pioneer in statistical graphics for public health; educated in mathematics by her father
  • Nate Silver — Founder of FiveThirtyEight and renowned statistician/psephologist; B.A. in Economics from University of Chicago

Selectivity vs. earnings

By acceptance rate

$92,152
645
100–37%
$105,563
1,042
36–18%
$115,413
601
15–0%
Acceptance rate · bar = degree-weighted adjusted 5-year earnings

By SAT median

$90,929
352
400–1365
$100,822
719
1365–1445
$145,653
357
1475–1600
Median SAT · bar = degree-weighted adjusted 5-year earnings

Majors in this category

Major Colleges Degrees Male/Female Intl 5yr Earn
Statistics 167 3,813 61% / 39% 22% $104,565
Statistics 143 3,031 60% / 40% 22% $104,704
Statistical Science 3 387 63% / 37% 25% $98,038
Statistics and Computer Science 1 109 81% / 19% 28% $105,971
Applied Statistics 8 73 64% / 36% 19%
Biostatistics 8 60 38% / 62% 7% $117,369
Statistics and Data Science 2 58 74% / 26% 19%
Mathematical Statistics and Probability 3 25 60% / 40% 24%
Biometry and Statistics 1 25 52% / 48% 36% $141,134
Applied Statistics and Actuarial Science 1 20 55% / 45% 0%
Biometric Systems Engineering 1 8 62% / 38% 12%
Statistics and Actuarial Science 1 7 29% / 71% 0%
Research Methods 2 5 100% / 0% 0%
Economics and Statistics 1 4 50% / 50% 25% $158,189
Statistics and Machine Learning 1 1 0% / 100% 0% $158,189