MSc Applied Statistics (online)

Program Overview

This online MSc in Applied Statistics from the University of Strathclyde equips students with advanced statistical analysis skills in data analytics, statistical modeling, and research through compulsory and elective classes. Assessment is project-based, focusing on real-world data analysis and communication, while flexible learning options allow for part-time or CPD purposes. Graduates find employment in various sectors, including investment companies, financial institutions, and research organizations as statisticians, data analysts, and data scientists.

Program Outline

Outline:

• Compulsory Classes:
• Foundations of Probability & Statistics (20 credits)
• Data Analytics in R (20 credits)
• Statistical Modelling & Analysis (20 credits)
• Research project (60 credits)
• Elective Classes: (Students are required to take 60 credits of elective classes.)
• Data dashboards with Rshiny (10 credits)
• Quantitative Risk Analysis (10 credits)
• Survey Design & Analysis (10 credits)
• Financial Econometrics (10 credits)
• Financial Stochastic Processes (10 credits)
• Medical Statistics (20 credits)
• Effective Statistical Consultancy (10 credits)
• Bayesian Spatial Statistics (10 credits)
• Machine Learning for Data Analytics (20 credits)
• Big Data Fundamentals (10 credits)
• Big Data Tools & Techniques (10 credits)

Assessment:

• All assessment will be undertaken online.
• Assessment will take the form of large-scale projects where students will be asked to demonstrate their knowledge on a real-world data set.
• Projects will involve writing code, interpreting statistical outputs, and producing a report or presentation outlining the findings from their analysis.
• Group work may be undertaken in some classes.

Teaching:

• Classes are delivered using the MyPlace online teaching environment hosted by the University of Strathclyde.
• Students will learn through video lectures, interactive sessions, independent reading of articles and texts, and discussion forums.
• On average, students will study five hours of online material per module per week, plus additional self-study.
• Students will also have regular assistance from dedicated tutors who will interact and communicate with them through online forums and email.
• Students will be part of a community of students working collaboratively to share and enhance learning.

Careers:

• The online MSc in Applied Statistics will provide graduates with skills in the statistical analysis of data from a wide range of disciplines.
• These skills are required by many employers in sectors such as:
• Investment companies
• Financial institutions
• Pharmaceutical industry
• Medical research
• Government organizations
• Retailers
• Typical job roles of recent graduates include:
• Statistician
• Data analyst
• Statistical programmer
• Data scientist

Other:

• The program can be taken either stand-alone for CPD purposes or as part of a program of study working towards a MSc award over a maximum of 60 months.
• Modules can be taken either stand-alone for CPD purposes or as part of a programme of study working towards a MSc award over a maximum of 60 months.