Online Statistics Degree

An online statistics degree melds math with modern analytics and trend spotting skills. As statisticians tell stories with data, these skills are in demand. If you need a flexible way to study, online schools offer these degrees at all levels.

An online statistics degree studies the math and science of making decisions based on data. It explores the tools that are used to collect, organize, analyze, and present data for many types of industries. Then touches on how to use these models to spot trends, solve problems and make forecasts. The methods used in this field are made to deal with the common questions found in business. Grads must gain strong skills in being able to communicate in order to explain their findings to people that don’t have experience in this field.

There are online statistics degrees at all levels. Bachelors, Masters and PhD. A bachelor’s degree often is an entry point for roles in gov’t. While master’s and PhD programs are for those that want a more formal role. Some programs are for those in pursuit of a career as a statistician. These will often focus on math stats. As such, they place more weight on theory and probability. You will often spend time learning models and about chance.

Other programs focus on applied statistics. These may be a great fit for numbers people who have a side interest in other areas. Like finance or business. Applied stats bridge the gap between tools and their use. There are also online degree programs for those who want to study big data from the inside out. These newer degrees are in data science. They cover math, stats and computing.

Bachelor’s Degree in Statistics

Bachelor’s programs in this field usually award a Bachelor of Science (BS) degree. Some programs award the BS in Data Science, Math or Applied Math instead. Such programs may give you the knowledge that you need to pursue an analyst role. Many online BS programs entail about 120 credits. This may take a full time student about four years to complete. Though some online schools offer faster paced formats that can take about 18 months.

A bachelor’s degree aims to provide you with a solid base in many key areas. Some of these are probability, data science and math stats. This often means you will take classes in algebra and calculus. These subjects can give you the skill and knowledge that you will need for a grad program. Many of these programs also want you to broaden your skills. Whether by pursuing a minor or second major in a close field. Business analytics for instance. This may, down the line, help you stand out more in the job market.

To apply to one of these BS programs, you need at least a high school diploma or GED. But each school will set its own standards. You may need some high school statistics, math and computer courses under your belt. GPA, SAT/ACT scores, and other entrance standards differ too. Another variable is tuition. At last check, the average cost of a degree in this field from an in state college is $8,568. For an out of state college, the average cost is $45,640. This means you may find programs that either cost less or more than those.

Master’s Degree in Statistics

Masters programs usually award a Master of Science (MS) degree. MS in data science, business analytics or applied stats also. Such programs may give you the entry level education that you need to go for a role as a Statistician. Many online MS programs entail 30 to 36 credits. This may take a full time student from one to three years to complete. Some programs may ready you for continued studies at the doctoral level. But others are professional degrees and may ready you to pursue a career.

Most MS programs have a practical side. They often help you gain the skills to turn data into information. This means learning some ways to work with raw data. Then being able to express your findings to those who make the business decisions. Masters students can also pick an area of focus to guide their career. One of these is data science. This area is gaining traction as it deals with how to pull meaning from large data sets. Students often gain knowledge in machine learning, analytics, and modeling tools.

Another is statistical science. This area focuses less on theory and more on use. As such it often covers applied statistical methods, ways to visualize data, and computing. To apply to an online master’s program, you will need a bachelor’s degree. For some online schools, you may need some prior knowledge. Areas like calculus and linear algebra are common. Not all schools need to see a math entrance exam or GRE scores, but some do. You may also need to furnish a resume and an essay.

PhD in Statistics

A PhD in statistics is a research degree and the highest award for students in this field. It can prepare grads to be researchers. Or, to remain in academia as a teacher. The goal is to come up with an original piece of research to be published.

There may be less online programs at the PhD level than on campus ones. Some schools may offer a part of the program online, but also have campus standards that need to be met. This is usually time where a student assistant teaches and performs research. Many online schools also award PhDs in math, data science or computer science. Most programs include classes in theory and applied stats as well as data mining. You may need to complete about 60 credits. Length varies as each person works on their dissertation. But some schools give averages of between three to five years. You may enter an online PhD program with a bachelor’s or master’s degree. Some programs are flexible enough that they accept students that are newer to the field. Having a foundation in calculus, algebra and math stats may help.

How much might it cost to earn a master’s or PhD in this field online? The average cost of a grad degree from a public institution is $11,617. This means you will be able to find online grad programs that are easier to afford and online grad programs that are more expensive than this amount.

What can I do with an Online Statistics Degree?

Grads with this degree are sought after in many industries. Their knowledge in how to crunch big data and use it to solve problems applies to almost all areas. From business to finance, to marketing and sports. In today’s data driven world, many people work in jobs that relate to their degree in statistics. As such, one may find job titles other than that of Statistician. Here are 7 jobs where this degree may come in handy.

1. Statistician

To pursue this career, you needs a master’s degree or PhD. But some entry level roles may accept those with a bachelor’s degree. As a statistician, you will work in any field that requires being able to collect and analyze data. Gov’t, health care, and research companies are a few.

2. Actuary

These pros use financial and statistical theories to assess risk and uncertainty. Many start out with a bachelor’s degree in statistics. But, along the way may study further to pass industry exams. Others may want to gain manager based skills as they pursue roles that call for this trait.

3. Risk Management Specialists

These specialists are the pros who set up contingency plans. They identify, measure and make decisions on operational or enterprise risks. Some have titles like Operational Risk VP. A bachelor’s degree may help you launch a career, while a masters may help you climb the corporate ladder.

4. Financial Analysts

Financial analysts guide businesses and people when making decisions about how to invest. They use their math and stat skills to watch how stocks, bonds and other assets perform. A bachelors in this field may help you pursue an entry level role.

5. Data Scientists

Data scientists use many skills in areas like statistics, math and IT, just to name a few. Part of what they do is to analyze big data. They are also able to read into data and turn it into helpful info. You may be able to find some jobs with a bachelor’s degree. But a master’s or PhD is more common for complex research jobs and teaching.

6. Market Research Analysts

Market research analysts need strong math, statistics and analytics skills. They watch and forecast sales trends. Then convert this data into tables, graphs and reports. A bachelor’s degree may help you get your foot in the door. But many roles call for grads with a master’s or MBA.

7. Operations Research Analysts

These pros use complex math and analytics. They identify and solve problems in business, health care and many other areas. This takes strong skills in data collection, data bases and statistical software. The usual entry level degree is a bachelor’s degree. But many employers prefer those with a master’s.

Is a Degree in Statistics Worth it?

A degree in this field may yield skills that apply to many in demand jobs with high wages. Statisticians are among these with growth predicted at 34% over the next few years. There are many reasons that fuel the need for stat experts. One is that more businesses rely on this type of analysis to drive decisions. This applies to health care, finance, cyber security, pharma and more.

Another is the vast amount of big data. Since the Internet is here to stay, people who can make sense of this data are vital to the economy. The words you hear like “big data,” “data mining,” and “business analytics” are about statistics. You may also start to think about what you might earn with this degree. This is going to vary. But, recent figures from the BLS show Statisticians earned from $53,000 to above $139,350 last year. That places the average yearly salary at $87,780.

Statistics Degree Jobs & Salary

Occupation Average Salary Jobs
Statistician $92,600 39,920
Market Research Analyst $71,570 678,500
Actuary $120,970 22,260
Financial Risk Analyst $94,160 459,510

Top States for Jobs as a Statistician

State Jobs Annual Mean Wage
CA 5,650 $99,860
PA 3,710 $85,180
MA 3,090 $108,670
MA 2,950 $107,400
TX 1,860 $84,940

What classes will I take with an Online Statistics Degree?

Statistics is a branch of math. Thus, most programs study math models, statistics software and data in depth. Because you will often work with data analysis software, many also touch on computing. A typical stat degree program usually includes classes like:

Intro to Data Science

This course is often a beginning course for those in Statistics. It often includes learning key skills required to work as a data scientist. Students may learn things like vocabulary, common programming languages, and data analysis methods. They may also learn about data ethics and data science methods.

Computer Systems for Data Science

This is a course in the fundamentals of data science. It often covers architecture, software, and hardware as it applies to data science projects. Students may often learn new terms as well as definitions and data architecture concepts. Students often use case studies as a way to explore this field.

Data Science Analysis and Methods

This type of course often focuses on processes and methods used to execute data science projects. Students may learn practical skills in most cases, such as project management, research, and solving problems. They may also learn critical skills to initiating and delivery projects. This may help students prepare for operational topics.

Big Data, Tech, and Algorithms

Many students will take a course like this or similar. They may learn how more data is acceptable and useful in making decisions. Students may learn a variety of tech including Spark Storm Streaming, Keras Deep Learning, and Hadoop and MapReduce, among others.

BS programs often rely on math classes. A focus in math or math statistics may be useful at this level if your end game is grad school. These courses often study a specific sequence for statistical math, or probability. MS programs are less general. They often cover a wide range of classes in math statistics, modeling and data analytics. But, also may focus on applied stats more than theory. PhD programs may focus on both theory and use. They also tend to get into many research methods. Plus, the writing and presentation skills that you may be need to go along with your dissertation. Key at this level is a course on statistical consulting.

How long does it take to get a Statistics Degree online?

It may take four years for a full time bachelor’s student to earn a 120 credit statistics degree online. Full time students that are going for their online master’s may need from one to three years. These programs entail from 30 to 36 credits, and some require a thesis. Four to five years are usually needed to complete an online PhD. Length often depends on how much time you can devote to study and to finish your dissertation.

University Level of Degree # of Credits Required Starts Per Year Minimum Months to Complete
Lipscomb University Online Bachelors 126 3 48
The University of Iowa Bachelors 120 4 48
University of Massachusetts – Lowell Bachelors 120 4 48
Texas A & M University Masters 36 3 36
Oklahoma State University Masters 35 2 24
Colorado State University Masters 31 3 12
Capitol Technology University PhD 54 3 36
Northcentral University PhD 60 Weekly 50
Colorado Technical University Doctorate 100 3 36

15 Online Statistics Degrees

A wide range of online schools offer statistics degrees at all levels. Here are 15 online schools that have these degrees and related majors. 

  1. Lipscomb University Online
  2. The University of Iowa
  3. University of Massachusetts – Lowell
  4. Southern New Hampshire University
  5. Bellevue University
  6. Texas A&M University
  7. Oklahoma State University
  8. Colorado State University
  9. University of Houston
  10. North Carolina State University
  11. Capitol Technology University
  12. Northcentral University
  13. Colorado Technical University
  14. University of South Carolina
  15. University of North Texas

FIND AN ONLINE STATISTICS DEGREE

Let’s take a closer look at the online stat degrees that these 15 schools have to offer.

1

Lipscomb University Online

Bachelor of Science in Data Analytics

Fully Online


This online BS entails 126 credits. For those who prefer, the degree is also available as a Bachelor of Professional Studies. Classes cover both software tools and methods used to inform decisions in business. As such, you may learn to gather, analyze and make sense of data. Some of the courses one might take are:

  • Applied Drive/Energy
  • Management Systems
  • Intro to Decision Support Services

Tuition and Fees:
Undergrad $33,424
Grad $18,414
Special rates available for military students.

Avg Grants & Scholarship Aid:
$17,459

Average Net Price:
$26,013

Military Programs:
Yellow Ribbon Program, credit for military training, dedicated point of contact, recognized student vet organization & member of SOC.

Accredited:
Southern Association of Colleges and Schools Commission on Colleges (SACOSCC).

2

The University of Iowa

Bachelor of Science in Statistics

Online with Residency


This online BS requires 120 credits. But some students may opt for a joint BS/MS which entails an extra 32 credits. The BS program covers basic knowledge and skills in a few main areas like math stats, data analysis, and computing. One may also select a track in one of these areas:

  • Statistics in Business, Industry, Government and Research
  • Statistical Computing and Data Science
  • Mathematical Statistics

Tuition and Fees:
Undergrad $21,222
Grad $22,648
Special rates available for military students.

Avg Grants & Scholarship Aid:
$5,506

Average Net Price:
$15,760

Military Programs:
Yellow Ribbon Program, credit for military training, dedicated point of contact, recognized student vet organization & member of SOC.

Accredited:
Higher Learning Commission (HLC)

3

University of Massachusetts – Lowell

Bachelor of Science in Mathematics – Statistics

Online with Some On Campus Coursework


This online BS requires 126 courses. The main body of the program covers calculus, linear algebra and probability. Students then work with an advisor to choose courses from other areas. Some of these courses are:

  • Bioinformatics
  • Actuarial Science
  • Operations Research

Tuition and Fees:
Undergrad $33,574
Grad $26,940
Special rates available for military students.

Avg Grants & Scholarship Aid:
$9,086

Average Net Price:
$18,183

Military Programs:
Yellow Ribbon Program, credit for military training, dedicated point of contact, recognized student vet organization & member of SOC.

Accredited:
New England Association of Schools and Colleges (NEASC).

4

Southern New Hampshire University

Bachelor of Arts in Mathematics – Applied Mathematics

Fully Online


This online BA entails 120 credits. It focuses on mathematical modeling and the many uses of computational tools. Students also explore the role math plays in research and industry in their capstone. Some of the core concepts are:

  • Applied Statistics for STEM
  • Dynamical Modeling
  • Operations Research

Tuition and Fees:
Undergrad $31,136
Grad $18,810
Special rates available for military students.

Avg Grants & Scholarship Aid:
$3,913

Average Net Price:
$39,743

Military Programs:
Yellow Ribbon Program, credit for military training, dedicated point of contact, recognized student vet organization & member of SOC.

Accredited:
New England Commission of Higher Education


This online BS entails 127 credits. For your math major, you will study areas like calculus, statistics, and algebra. For those who want to study predictive analytics, there is a 12 credit sequence available. It includes topics like:

  • Machine Learning Tools
  • R Programming
  • Forecasting Analytics

Tuition and Fees:
Undergrad $7,851
Grad $11,205
Special rates available for military students.

Avg Grants & Scholarship Aid:
$4,961

Average Net Price:
$13,261

Military Programs:
Yellow Ribbon Program, credit for military training, dedicated point of contact, recognized student vet organization & member of SOC.

Accredited:
HLC

6

Texas A & M University

Master of Science in Statistics

Fully Online


This online MS requires 36 credits. It is a non thesis program though you take a exam to qualify after 15 hours. It also features a two hour Consulting course. This provides an experience in working for a ‘client’ on a statistical problem. For those who want, there are certificate options in areas like data mining and applied stats. Some of the core courses include math stats, regression and intro to SAS/R. Focus topics span areas like:

  • Bio statistics
  • Business Analytics
  • Bayesian Methods

Tuition and Fees:
Undergrad $38,602
Grad $22,195
Special rates available for military students.

Avg Grants & Scholarship Aid:
$9,723

Average Net Price:
$19,237

Military Programs:
Yellow Ribbon Program, credit for military training, dedicated point of contact, recognized student vet organization & member of SOC.

Accredited:
SACOSCC

7

Oklahoma State University

Master of Science in Applied Statistics

Fully Online


This online MS program requires 35 credits. It highlights the practical uses of statistics more so than math theories. As a professional degree, it does not ready students for a PhD. Aside from math stats, key topics span areas like:

  • Multivariate methods
  • Experimental designs
  • SAS/R programming

Tuition and Fees:
Undergrad $24,539
Grad $23,963
Special rates available for military students.

Avg Grants & Scholarship Aid:
$9,444

Average Net Price:
$15,325

Military Programs:
Yellow Ribbon Program, credit for military training, dedicated point of contact, recognized student vet organization & member of SOC.

Accredited:
HLC

8

Colorado State University

Master of Science in Applied Statistics

Fully Online


This online MS program entails 31 credits. Students may focus their degree around statistical science or data science. Both share some common courses and electives but also cover some unique content. Some of the topics one might study are:

  • Math skills for statistical analysis
  • Computing skills for statistical analysis
  • Statistical consulting

Tuition and Fees:
Undergrad $8,400
Grad $9,000
Special rates available for military students.

Avg Grants & Scholarship Aid:
$3,682

Average Net Price:
N/A

Military Programs:
Credit for military training, dedicated point of contact, recognized student vet organization & member of SOC.

Accredited:
HLC

9

University of Houston

Master of Science in Statistics and Data Science

Hybrid Online/Campus


This online MS program entails 30 credits. It aims to provide a solid base in applied statistics. Many of the required courses draw from math. You may also explore areas like data analysis and machine learning. Other key courses may look at:

  • Probability statistics
  • Biomedical data analysis
  • Information visualization

Tuition and Fees:
Undergrad $21,749
Grad $18,748
Special rates available for military students.

Avg Grants & Scholarship Aid:
$7,621

Average Net Price:
$13,212

Military Programs:
Credit for military training, dedicated point of contact, recognized student vet organization & member of SOC.

Accredited:
SACOSCC

10

North Carolina State University

Master of Science in Statistics

Fully Online


This online MS program requires 30 credits. This includes a core of required topics plus electives. Core topics center around statistical methods, applied stats and how to program. Electives may be in areas such as:

  • Applied time series
  • Statistical principles of clinical trials
  • Using technology to teach statistics

Tuition and Fees:
Undergrad $29,220
Grad $28,999
Special rates available for military students.

Avg Grants & Scholarship Aid:
$10,061

Average Net Price:
$14,958

Military Programs:
Yellow Ribbon Program, credit for military training, dedicated point of contact, recognized student vet organization & member of SOC.

Accredited:
SACOSCC

11

Capitol Technology University

Doctor of Philosophy in Business Analytics and Decision Sciences

Online, Low-residency


This online PhD program consists of 54 credits. It aims to develop problem solving and manager based skills using big data. Students focus on high level thinking, leadership and the technical aspects of decisions. Some of the program covers research methods and analysis. Yet the course menu is broad and may also touch on:

  • Management theory
  • Big data warehousing and analytic systems
  • Applied statistics and visualization

Tuition and Fees:
Undergrad $26,308
Grad $11,466
Special rates available for military students.

Avg Grants & Scholarship Aid:
$13,718

Average Net Price:
$23,854

Military Programs:
Yellow Ribbon Program, credit for military training, dedicated point of contact, recognized student vet organization & member of SOC.

Accredited:
Middle States Commission on Higher Education

12

Northcentral University

Doctor of Philosophy in Data Science

Fully Online


This online PhD in Data Science consists of 60 credits (20 courses). The main focus of the program is research. At the same time, students take courses to learn how to gather, secure and make use of big data. One may also study the strategic side of managing data, and build skills in critical analysis. Some of the core concepts are:

  • Data mining
  • Data visualization
  • Big data integration

Tuition and Fees:
Undergrad $12,474
Grad $18,095
Special rates available for military students.

Avg Grants & Scholarship Aid:
$3,144

Average Net Price:
N/A

Military Programs:
Yellow Ribbon Program, credit for military training, dedicated point of contact & member of SOC.

Accredited:
WASC Senior College and University Commission (WSCUC), HLC

13

Colorado Technical University

Doctor of Computer Science – Big Data Analytics

Online with Residency Component


This online Doctor of Computer Science requires 100 credits. It covers both tools (XML, Hadoop) and methods (AI, visualizing data). Aside from gaining expertise in big data, students also work to gain quality research skills. Some of the courses you may take are:

  • Concurrent and distributed systems
  • Tools for big data analytics
  • Business intelligence

Tuition and Fees:
Undergrad $12,529
Grad $14,321
Special rates available for military students.

Avg Grants & Scholarship Aid:
$5,039

Average Net Price:
$16,260

Military Programs:
Yellow Ribbon Program, credit for military training, dedicated point of contact, recognized student vet organization & member of SOC.

Accredited:
HLC

14

University of South Carolina

Doctor of Philosophy in Statistics

May Feature Some Online Classes


This PhD program entails 65 credits. It may ready students to teach statistics at the college level. While USC does offer an online MS, the PhD may require an on campus presence. Students must also travel to present their findings at conferences. Courses draw on math stats, data analysis and:

  • Statistical consulting
  • Probability theory
  • Statistical computing

Tuition and Fees:
Undergrad $21,218
Grad $30,122
Special rates available for military students.

Avg Grants & Scholarship Aid:
$6,259

Average Net Price:
$15,042

Military Programs:
Yellow Ribbon Program, credit for military training, dedicated point of contact, recognized student vet organization & member of SOC.

Accredited:
SACSCOC

15

University of North Texas

Doctor of Philosophy in Information Science – Data Science

Online with Some Campus Presence


This online PhD in Information Science (IS) requires 60 credits. It is a research focused degree. As such, the study plan features directed study and independent research. You will take many courses that relate to information systems and design. There are also core data science courses and electives to choose from. Some of the classes you might take are:

  • Computational Methods for IS
  • User Experience Assessment
  • Data Analysis

Tuition and Fees:
Undergrad $21,172
Grad $15,384
Special rates available for military students.

Avg Grants & Scholarship Aid:
$8,776

Average Net Price:
$14,020

Military Programs:
Credit for military training, dedicated point of contact, recognized student vet organization & member of SOC.

Accredited:
SACSCOC

*Unemployment Earnings.  Sources for school stats and data include the NCES and IPEDS.