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M.S. in Applied Statistics

Making the World Smarter, Safer and Healthier

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Where Data Meets Decision

Whether you're interested modeling financial derivatives, designing clinical trials, or building predictive algorithms that power AI –&˛Ô˛ú˛ő±č;develop statistical expertise and technical skills to solve what matters.

$30K Tuition  I  95% Graduate Employment  I  STEM-OPT Eligible

M.A. in Applied Statistics

10 Courses  I  On-Campus in New York City  I  Full-Time or Part-Time 

The data science revolution is transforming how the society uses statistical analysis to address real-world challenges in finance, biology, medicine, artificial intelligence, and beyond. The MS in Applied Statistics at the Katz School provides students with high-level training and the skills needed to thrive in a variety of data-driven careers. In an era where data scientists command six-figure starting salaries and the demand for statisticians is projected to grow by 33% through 2030, this 30-credit program positions you at the epicenter of the data revolution. 

Whether you are interested in modeling financial derivatives, designing clinical trials, or building predictive algorithms that power AI, in this program you will develop both the statistical expertise and technical skills that employers are looking for. Choose your path: General Track for maximum versatility, Financial Statistics to excel in the world of quantitative finance, or Biostatistics for applying data science in medicine and public health. Every graduate completes the program with a professional portfolio designed to highlight their strengths for employers. 

Program Highlights

  • Wall Street-Relevant Quantitative Skills: Gain hands-on experience with time series analysis, derivative pricing and hedging and portfolio optimization—key tools used in quantitative finance and risk management at leading financial institutions.
  • Pharmaceutical Industry Expertise: Develop strong expertise in clinical trial design, statistical programming, analyzing complex data and communicating the results within multidisciplinary teams —skills that command premium salaries in biotech's booming job market.
  • Advanced AI Foundations: Dive into regression, classification, and model evaluation techniques to build and assess AI systems, while developing frameworks that ensure explainability and reliability in complex models.  
  • Flexible Capstone Options: Complete applied projects with industry mentorship, publish research in peer-reviewed journals and conferences, or build comprehensive portfolios—demonstrating real-world expertise that sets you apart in the job market.
  • Quantitative Interview Mastery: Practice solving brainteasers and probability problems commonly used by tech and financial firms to identify top candidates—giving you the edge in competitive hiring processes. 

Employment

  • Market Explosion: Statistician roles are projected to grow 33% by 2030—making it the second-fastest growing field among all master's degree occupations. This isn't just growth; it's a fundamental shift toward data-driven decision making across every industry.
  • Salary Premium: Applied statistics graduates start at $85,000-$120,000, with quantitative finance roles reaching $200,000+ within five years. Top performers at hedge funds and tech companies command compensation packages exceeding $300,000 annually.
  • Career Acceleration: Our graduates become Data Scientists at Google, Biostatisticians at Pfizer, Quantitative Researchers at Goldman Sachs, and Machine Learning Engineers at startups that become unicorns. The versatility is unmatched—every industry needs statistical expertise.
  • NYC Network Effect: Manhattan's concentration of financial power, medical research, and technological innovation creates unparalleled opportunities. Your classmates today become your professional network tomorrow, opening doors that geography alone makes possible.
  • Skills for Long-Term Success: While automation threatens many careers, statistical thinking becomes more valuable as data grows more complex. You're not just joining a profession—you're mastering the language of the future economy. 

Full Program Breakdown

M.A. in Applied Statistics

10 Courses  I  On-Campus in New York City  I  Full-Time or Part-Time 

The data science revolution is transforming how the society uses statistical analysis to address real-world challenges in finance, biology, medicine, artificial intelligence, and beyond. The MS in Applied Statistics at the Katz School provides students with high-level training and the skills needed to thrive in a variety of data-driven careers. In an era where data scientists command six-figure starting salaries and the demand for statisticians is projected to grow by 33% through 2030, this 30-credit program positions you at the epicenter of the data revolution. 

Whether you are interested in modeling financial derivatives, designing clinical trials, or building predictive algorithms that power AI, in this program you will develop both the statistical expertise and technical skills that employers are looking for. Choose your path: General Track for maximum versatility, Financial Statistics to excel in the world of quantitative finance, or Biostatistics for applying data science in medicine and public health. Every graduate completes the program with a professional portfolio designed to highlight their strengths for employers. 

Program Highlights

  • Wall Street-Relevant Quantitative Skills: Gain hands-on experience with time series analysis, derivative pricing and hedging and portfolio optimization—key tools used in quantitative finance and risk management at leading financial institutions.
  • Pharmaceutical Industry Expertise: Develop strong expertise in clinical trial design, statistical programming, analyzing complex data and communicating the results within multidisciplinary teams —skills that command premium salaries in biotech's booming job market.
  • Advanced AI Foundations: Dive into regression, classification, and model evaluation techniques to build and assess AI systems, while developing frameworks that ensure explainability and reliability in complex models.  
  • Flexible Capstone Options: Complete applied projects with industry mentorship, publish research in peer-reviewed journals and conferences, or build comprehensive portfolios—demonstrating real-world expertise that sets you apart in the job market.
  • Quantitative Interview Mastery: Practice solving brainteasers and probability problems commonly used by tech and financial firms to identify top candidates—giving you the edge in competitive hiring processes. 

Employment

  • Market Explosion: Statistician roles are projected to grow 33% by 2030—making it the second-fastest growing field among all master's degree occupations. This isn't just growth; it's a fundamental shift toward data-driven decision making across every industry.
  • Salary Premium: Applied statistics graduates start at $85,000-$120,000, with quantitative finance roles reaching $200,000+ within five years. Top performers at hedge funds and tech companies command compensation packages exceeding $300,000 annually.
  • Career Acceleration: Our graduates become Data Scientists at Google, Biostatisticians at Pfizer, Quantitative Researchers at Goldman Sachs, and Machine Learning Engineers at startups that become unicorns. The versatility is unmatched—every industry needs statistical expertise.
  • NYC Network Effect: Manhattan's concentration of financial power, medical research, and technological innovation creates unparalleled opportunities. Your classmates today become your professional network tomorrow, opening doors that geography alone makes possible.
  • Skills for Long-Term Success: While automation threatens many careers, statistical thinking becomes more valuable as data grows more complex. You're not just joining a profession—you're mastering the language of the future economy. 

Swipe to learn more!

M.A. in Applied Statistics

10 Courses  I  On-Campus in New York City  I  Full-Time or Part-Time 

The data science revolution is transforming how the society uses statistical analysis to address real-world challenges in finance, biology, medicine, artificial intelligence, and beyond. The MS in Applied Statistics at the Katz School provides students with high-level training and the skills needed to thrive in a variety of data-driven careers. In an era where data scientists command six-figure starting salaries and the demand for statisticians is projected to grow by 33% through 2030, this 30-credit program positions you at the epicenter of the data revolution. 

Whether you are interested in modeling financial derivatives, designing clinical trials, or building predictive algorithms that power AI, in this program you will develop both the statistical expertise and technical skills that employers are looking for. Choose your path: General Track for maximum versatility, Financial Statistics to excel in the world of quantitative finance, or Biostatistics for applying data science in medicine and public health. Every graduate completes the program with a professional portfolio designed to highlight their strengths for employers. 

Program Highlights

  • Wall Street-Relevant Quantitative Skills: Gain hands-on experience with time series analysis, derivative pricing and hedging and portfolio optimization—key tools used in quantitative finance and risk management at leading financial institutions.
  • Pharmaceutical Industry Expertise: Develop strong expertise in clinical trial design, statistical programming, analyzing complex data and communicating the results within multidisciplinary teams —skills that command premium salaries in biotech's booming job market.
  • Advanced AI Foundations: Dive into regression, classification, and model evaluation techniques to build and assess AI systems, while developing frameworks that ensure explainability and reliability in complex models.  
  • Flexible Capstone Options: Complete applied projects with industry mentorship, publish research in peer-reviewed journals and conferences, or build comprehensive portfolios—demonstrating real-world expertise that sets you apart in the job market.
  • Quantitative Interview Mastery: Practice solving brainteasers and probability problems commonly used by tech and financial firms to identify top candidates—giving you the edge in competitive hiring processes. 

Employment

  • Market Explosion: Statistician roles are projected to grow 33% by 2030—making it the second-fastest growing field among all master's degree occupations. This isn't just growth; it's a fundamental shift toward data-driven decision making across every industry.
  • Salary Premium: Applied statistics graduates start at $85,000-$120,000, with quantitative finance roles reaching $200,000+ within five years. Top performers at hedge funds and tech companies command compensation packages exceeding $300,000 annually.
  • Career Acceleration: Our graduates become Data Scientists at Google, Biostatisticians at Pfizer, Quantitative Researchers at Goldman Sachs, and Machine Learning Engineers at startups that become unicorns. The versatility is unmatched—every industry needs statistical expertise.
  • NYC Network Effect: Manhattan's concentration of financial power, medical research, and technological innovation creates unparalleled opportunities. Your classmates today become your professional network tomorrow, opening doors that geography alone makes possible.
  • Skills for Long-Term Success: While automation threatens many careers, statistical thinking becomes more valuable as data grows more complex. You're not just joining a profession—you're mastering the language of the future economy. 

Graduate Admissions

General Inquiries

Join our Community

Admissions Requirements

  • A bachelor’s degree from an accredited institution.
  • A major in mathematics, statistics, computer science, or one of the physical or engineering sciences. In exceptional cases, applicants holding a major in a biological science, economics, or finance may be considered.
  • All applicants, regardless of major or other qualifications, must have completed courses in Multivariable Calculus and Linear Algebra at the time of application.
  • A minimum grade of B (GPA at least 3.0/4.0) in science and mathematics courses.

Application Information 

Visit Graduate Admissions for up-to-date application requirements and deadlines. 

Questions? â€Żif you have questions about your qualifications, financial aid opportunities and financing your graduate degree. We can do a preliminary transcript review and discuss your admissions and financing options with the Katz School. 

Tuition, Financial Aid and Scholarships 

The Office of Student Finance maintains current tuition and fees for all graduate programs.  

All applicants are automatically considered for the  program. You do not need to submit any additional information. 

Learn More

Graduate Admissions

General Inquiries

Join our Community

Admissions & Financial Aid

Admissions Requirements

  • A bachelor’s degree from an accredited institution.
  • A major in mathematics, statistics, computer science, or one of the physical or engineering sciences. In exceptional cases, applicants holding a major in a biological science, economics, or finance may be considered.
  • All applicants, regardless of major or other qualifications, must have completed courses in Multivariable Calculus and Linear Algebra at the time of application.
  • A minimum grade of B (GPA at least 3.0/4.0) in science and mathematics courses.

Application Information 

Visit Graduate Admissions for up-to-date application requirements and deadlines. 

Questions? â€Żif you have questions about your qualifications, financial aid opportunities and financing your graduate degree. We can do a preliminary transcript review and discuss your admissions and financing options with the Katz School. 

Tuition, Financial Aid and Scholarships 

The Office of Student Finance maintains current tuition and fees for all graduate programs.  

All applicants are automatically considered for the  program. You do not need to submit any additional information. 

Program News

""

Mathematician Redraws Solar System's Boundaries

Read about Ed Belbruno's theory

Mathematician Redraws Solar System's Boundaries

When we think of the solar system, we usually imagine the Sun, the planets and maybe the icy belt of comets far beyond Pluto. But according to Edward Belbruno, a mathematician and astrophysicist, the solar system is much bigger than that, stretching even toward the stars around us.

Read the story in the Katz School blog.

""

Theory Posits Space Travel Without Fuel

Read about the theory

Theory Posits Space Travel Without Fuel

A study, co-authored by Marian Gidea, professor of mathematical sciences, lays out a new mathematical framework for how spacecraft can make fuel-free transfers between different kinds of orbits near Earth.

Read the story in the Katz School blog.

""

Instabilities in Celestial Motion Uncovered

Read about Marian Gidea's presentation

Instabilities in Celestial Motion Uncovered

At the 9th Workshop on Hamiltonian Systems and Related Topics, held at Kyoto University, Dr. Marian Gidea, director of the Katz School’s graduate program in mathematical sciences, presented novel research on instability in a model from celestial mechanics called the Elliptic Hill Four-Body Problem (EH4BP).

Read the story in the Katz School blog.

""

The Fractal Elegance of Space Dynamics

Read more about Dr. Edward Belbruno's study

The Fractal Elegance of Space Dynamics

In a study published in Celestial Mechanics and Dynamical Astronomy, Dr. Edward Belbruno, a professor in the Katz School’s M.A. in Mathematics, delves deeply into the mysterious weak stability boundary, uncovering its fractal nature and its similarities to the famous Mandelbrot set.

Read the story in the Katz School blog.

""

Study Examines Interconnected Networks

Read more about Bo Tong's study

Study Examines Interconnected Networks

In a groundbreaking study, researchers have revealed crucial insights into how failures spread in interconnected networks, offering new hope for managing systemic risks in various fields, from finance to infrastructure.

Read the full story in the Katz School blog.

""

Study Finds Planets Can Be Trapped in Sun's Orbit

Read more about Edward Belbruno's study

Study Finds Planets Can Be Trapped in Sun's Orbit

Objects from interstellar space, such as rogue planets and asteroids, can become permanently trapped in the Sun’s orbit as a result of the combined gravitational effects of the Sun and the entire Milky Way galaxy, according to a study by researchers in the Katz School’s Mathematical Sciences program and at NASA.

Read the story in the Katz School blog.

""

NSF Grant Funds Study of Energy Harvesting Devices

Read more about Marian Gidea's work

NSF Grant Funds Study of Energy Harvesting Devices

The research, “,” is supported by a three-year $300,000 National Science Foundation grant, which was awarded in July to investigate dynamical systems, including applications to energy harvesting, celestial mechanics and space mission design. 

.

""

Alumna's Study: Heavier Dialysis Patients at Risk

Read about Ariella Mermelstein's research

Alumna's Study: Heavier Dialysis Patients at Risk

An epidemiological study of dialysis patients conducted at the Renal Research Institute with the Katz School of Science and Health found that current recommendations for ultrafiltration in hemodialysis therapy may put heavier patients at greater risk of death.

.

 

""

Student Modeling Unusual Kind of Natural Energy

Read more about Samuel Akingbade

Student Modeling Unusual Kind of Natural Energy

With the help of an NSF grant, Katz School mathematics Ph.D. candidate Samuel Akingbade is researching the mathematical possibility of continuously capturing energy derived from small amounts of vibration in human and natural activity.

Read the entire story in the Katz blog.

asteroids

NSF Study Measures Gravity on Asteroids

Read more about the recent paper

NSF Study Measures Gravity on Asteroids

Three Katz School mathematics and physics researchers have developed a theoretical framework for predicting the possible shapes and gravitational fields of asteroids.

Read the entire story here.

""

Mathematician Redraws Solar System's Boundaries

Read about Ed Belbruno's theory

Mathematician Redraws Solar System's Boundaries

When we think of the solar system, we usually imagine the Sun, the planets and maybe the icy belt of comets far beyond Pluto. But according to Edward Belbruno, a mathematician and astrophysicist, the solar system is much bigger than that, stretching even toward the stars around us.

Read the story in the Katz School blog.

""

Theory Posits Space Travel Without Fuel

Read about the theory

Theory Posits Space Travel Without Fuel

A study, co-authored by Marian Gidea, professor of mathematical sciences, lays out a new mathematical framework for how spacecraft can make fuel-free transfers between different kinds of orbits near Earth.

Read the story in the Katz School blog.

""

Instabilities in Celestial Motion Uncovered

Read about Marian Gidea's presentation

Instabilities in Celestial Motion Uncovered

At the 9th Workshop on Hamiltonian Systems and Related Topics, held at Kyoto University, Dr. Marian Gidea, director of the Katz School’s graduate program in mathematical sciences, presented novel research on instability in a model from celestial mechanics called the Elliptic Hill Four-Body Problem (EH4BP).

Read the story in the Katz School blog.

""

The Fractal Elegance of Space Dynamics

Read more about Dr. Edward Belbruno's study

The Fractal Elegance of Space Dynamics

In a study published in Celestial Mechanics and Dynamical Astronomy, Dr. Edward Belbruno, a professor in the Katz School’s M.A. in Mathematics, delves deeply into the mysterious weak stability boundary, uncovering its fractal nature and its similarities to the famous Mandelbrot set.

Read the story in the Katz School blog.

""

Study Examines Interconnected Networks

Read more about Bo Tong's study

Study Examines Interconnected Networks

In a groundbreaking study, researchers have revealed crucial insights into how failures spread in interconnected networks, offering new hope for managing systemic risks in various fields, from finance to infrastructure.

Read the full story in the Katz School blog.

""

Study Finds Planets Can Be Trapped in Sun's Orbit

Read more about Edward Belbruno's study

Study Finds Planets Can Be Trapped in Sun's Orbit

Objects from interstellar space, such as rogue planets and asteroids, can become permanently trapped in the Sun’s orbit as a result of the combined gravitational effects of the Sun and the entire Milky Way galaxy, according to a study by researchers in the Katz School’s Mathematical Sciences program and at NASA.

Read the story in the Katz School blog.

""

NSF Grant Funds Study of Energy Harvesting Devices

Read more about Marian Gidea's work

NSF Grant Funds Study of Energy Harvesting Devices

The research, “,” is supported by a three-year $300,000 National Science Foundation grant, which was awarded in July to investigate dynamical systems, including applications to energy harvesting, celestial mechanics and space mission design. 

.

""

Alumna's Study: Heavier Dialysis Patients at Risk

Read about Ariella Mermelstein's research

Alumna's Study: Heavier Dialysis Patients at Risk

An epidemiological study of dialysis patients conducted at the Renal Research Institute with the Katz School of Science and Health found that current recommendations for ultrafiltration in hemodialysis therapy may put heavier patients at greater risk of death.

.

 

""

Student Modeling Unusual Kind of Natural Energy

Read more about Samuel Akingbade

Student Modeling Unusual Kind of Natural Energy

With the help of an NSF grant, Katz School mathematics Ph.D. candidate Samuel Akingbade is researching the mathematical possibility of continuously capturing energy derived from small amounts of vibration in human and natural activity.

Read the entire story in the Katz blog.

asteroids

NSF Study Measures Gravity on Asteroids

Read more about the recent paper

NSF Study Measures Gravity on Asteroids

Three Katz School mathematics and physics researchers have developed a theoretical framework for predicting the possible shapes and gravitational fields of asteroids.

Read the entire story here.

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