MBA Programs in Statistics
Tuition, ROI, Graduate Salary, GMAT Requirements
10 Best Ranked | Interactive Table | Salaries | Tuition | ROI | GMAT | Alumni Networking | How We Rank
$52,516
Average Tuition – Statistics MBA Programs
$98,105
Average Starting Salary – Statistics MBA Programs
609
Average GMAT Scores – Statistics MBA Programs
164%
Average ROI – Finance MBA Programs
Executive Summary for MBA Programs in Statistics MBA Programs
The ranking team at MBAGuide.org, evaluated 16 Statistics MBA programs. Here is a summary of our comprehensive findings. Explore the details about the Statistics MBA, compare schools, find states and cities where the degree is offered.
- Comprehensive comparisons, data and analysis – MBAGuide conducted an in-depth analysis of 16 AACSB-accredited campus MBA programs in Statistics to find the top programs in the country.
- Ranking metrics you care about – such as average starting salaries, tuition fees, return on investment (ROI), GMAT scores, alumni networks, student-to-faculty ratios, and more with no paywall.
- Detailed school profiles of Statistics MBA programs their strengths, faculty expertise, alumni networks to help align your program choice
Best 10 MBA Programs in Statistics
Harvard University
Harvard Business School
Location:
- Boston
,
- MA
Control: Private for-profit
Academic Year: Quarter
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- MBA
Offered As:
- Campus
- ·
- Full-Time
- Consulting
- Data Analytics
- E-Commerce
- Economics
- Entrepreneurship
- Ethics
- Finance
- General Business
- Healthcare Administration
- Human Resources
- Information Systems
- Leadership
- Management
- Marketing
- Nonprofit
- Organizational Behavior
- Public Administration
- Real Estate
- Science and Technology
- Sports Management
- Statistics
- Supply Chain
- Taxation
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Northwestern University
Kellogg School of Management
Location:
- Evanston
,
- IL
Control: Private for-profit
Academic Year: Quarter
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- E-MBA
- ·
- MBA
Offered As:
- Campus
- ·
- Full-Time
- Accounting
- Communications
- Data Analytics
- E-Commerce
- Economics
- Entrepreneurship
- Finance
- Financial Management
- General Business
- Healthcare Administration
- Information Systems
- Leadership
- Management
- Marketing
- Organizational Behavior
- Public Administration
- Real Estate
- Science and Technology
- Statistics
- Sustainability
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
University of Illinois at Chicago
College of Business Administration
Location:
- Chicago
,
- IL
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Accounting
- Corporate Finance
- Data Analytics
- Energy
- Entrepreneurship
- Finance
- General Business
- Human Resources
- Information Systems
- Management
- Marketing
- Other
- Real Estate
- Statistics
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Fordham University
Gabelli School of Business
Location:
- Bronx
,
- NY
Control: Private
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- E-MBA
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- 1-Year
- ·
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Partnership
- ·
- Weekends
- Accounting
- Communications
- Corporate Finance
- Data Analytics
- Finance
- General Business
- Global Management
- Information Systems
- International Business
- Law
- Management
- Marketing
- Statistics
- Taxation
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
University of California, Davis
Graduate School of Management
Location:
- Davis
,
- CA
Control: Public
Academic Year: Quarter
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Full-Time
- ·
- Online
- Accounting
- Consulting
- Engineering
- Entrepreneurship
- Finance
- General Business
- Healthcare Administration
- Human Resources
- Information Systems
- Leadership
- Manufacturing
- Marketing
- Operations Management
- Organizational Behavior
- Product Management
- Project Management
- Real Estate
- Statistics
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Baruch College-The City University of New York
The Zicklin School of Business
Location:
- New York
,
- NY
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- E-MBA
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Accounting
- Corporate Finance
- Data Analytics
- Economics
- Entrepreneurship
- Finance
- General Business
- Global Management
- Healthcare Administration
- Human Resources
- Information Systems
- International Business
- Management
- Marketing
- Operations Management
- Organizational Behavior
- Other
- Quantitative Methods
- Real Estate
- Statistics
- Taxation
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Temple University
The Fox School of Business
Location:
- Philadelphia
,
- PA
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- E-MBA
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Off Campus
- ·
- Online
- ·
- Part-Time
- ·
- Partnership
- ·
- Weekends
- Accounting
- Actuarial Science
- Consulting
- Corporate Finance
- Data Analytics
- Economics
- Education
- Entrepreneurship
- Finance
- General Business
- Global Management
- Healthcare Administration
- Human Resources
- Information Systems
- Insurance
- International Business
- Law
- Management
- Marketing
- Organizational Behavior
- Real Estate
- Statistics
- Supply Chain
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
The University of Alabama
Culverhouse College of Business
Location:
- Tuscaloosa
,
- AL
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- E-MBA
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Distance Education
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Accounting
- Corporate Finance
- Data Analytics
- Economics
- Finance
- General Business
- Information Systems
- Management
- Marketing
- Nonprofit
- Operations Management
- Other
- Science and Technology
- Statistics
- Taxation
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Portland State University
School of Business Administration
Location:
- Portland
,
- OR
Control: Public
Academic Year: Quarter
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and TwitterDegree Level(s):
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Full-Time
- ·
- Online
- Corporate Finance
- Data Analytics
- Energy
- Entrepreneurship
- Finance
- General Business
- Healthcare Administration
- Management
- Marketing
- Other
- Quantitative Methods
- Real Estate
- Science and Technology
- Statistics
- Supply Chain
- Taxation
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Saint Louis University
Richard A. Chaifetz School of Business
Location:
- St. Louis
,
- MO
Control: Private
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Part-Time
- ·
- Weekends
- Accounting
- Communications
- Corporate Finance
- Data Analytics
- Economics
- Education
- Entrepreneurship
- Finance
- General Business
- Global Management
- Information Systems
- International Business
- Management
- Manufacturing
- Marketing
- Other
- Sports Management
- Statistics
- Supply Chain
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Interactive Table of the Best Ranked MBA Programs in Statistics
Easily sort the interactive table below to find the best Statistics MBA programs by Rank, School Name, ROI, Tuition, Average Starting Salary, and Campus or Online to find and to compare MBA programs in Statistics. Click on any school for a comprehensive school profile.
| Rank | University | ROI | In State Tuition | Avg. Starting Salary | State | Online |
|---|---|---|---|---|---|---|
| 1 | Harvard University | 17.00% | $149,820 | $175,000 | MA | No |
| 2 | Northwestern University | 8.00% | $162,030 | $175,000 | IL | No |
| 3 | University of Illinois at Chicago | 179.00% | $60,264 | $167,977 | IL | Yes |
| 4 | Fordham University | 28.00% | $99,497 | $127,511 | NY | Yes |
| 5 | University of California, Davis | 14.00% | $95,438 | $109,075 | CA | Yes |
| 6 | Baruch College-The City University of New York | 218.00% | $37,338 | $118,633 | NY | Yes |
| 7 | Temple University | 60.00% | $60,000 | $95,989 | PA | Yes |
| 8 | The University of Alabama | 161.00% | $28,377 | $74,060 | AL | Yes |
| 9 | Portland State University | 54.00% | $50,984 | $78,264 | OR | Yes |
| 10 | University of Central Oklahoma | 588.00% | $9,068 | $62,400 | OK | Yes |
| 11 | Saint Louis University | 104.00% | $37,470 | $76,282 | MO | No |
| 12 | San Francisco State University | 174.00% | $28,000 | $76,600 | CA | No |
| 13 | University of Central Arkansas | 378.00% | $11,239 | $53,700 | AR | Yes |
| 14 | New Mexico State University | 613.00% | $10,314 | $73,500 | NM | Yes |
| 15 | Jackson State University | 286.00% | $14,490 | $55,900 | MS | Yes |
| 16 | University of Puerto Rico at Rio Piedras | 331.00% | $13,926 | $60,000 | PR | Yes |
| 17 | The University of Texas at San Antonio | 218.00% | $24,512 | $78,000 | TX | Yes |
An MBA program in Statistics will cost you between $9,068.00 to $162,030.00.
- Number of Programs Offering Statistics MBAs: 16
- Average GMAT Score for Statistics MBA Programs: 609
- Average In-State Tuition for Statistics MBA Programs: $52,515.71
- Average Graduate Salary for Statistics MBA Programs: $98,105
- Average ROI for Statistics MBA Programs: 164%
Compare Statistics MBA Program Averages vs Campus
| Averages | MBA Programs | Online MBA Programs |
|---|---|---|
| Number of Programs | 16 | 12 |
| Average Starting Salary | $98,105 | $90,215 |
| Average MBA Tuition | $52,516 | $39,650 |
| Average ROI | 164% | 197% |
| Average GMAT Scores | 609 | 595 |
| Average Full-Time MBA Faculty | 115 | 114 |
| Average MBA Student Faculty Ratio | 17:1 | 19:1 |
| Faculty with Doctorate | 84% | 84% |
| Average Full-Time MBA Enrollment | 436 | 462 |
| Average Part-Time MBA Enrollment | 322 | 349 |
| Average % of MBA Students from U.S. | 84% | 84% |
Read about our ranking methodology.
What is the Average MBA Salary for Statistics Graduates?
Though it’s not the only factor, compensation is an important consideration for individuals considering obtaining an MBA degree. Salaries for graduates with master’s degrees in Statistics can be significantly higher than those of graduates with only a bachelor’s degree. In addition, advance salary projections from the US Department of Labor show that average MBA salaries are expected to increase by 13.5% each year through the year 2028 with an annual need of 99,000 new managers needed each year.
MBA salaries differs wildly depending on the program you chose, the industry you enter and the experience you have. After earning an MBA from University of Central Arkansas, the average MBA graduate annual salary is $53,700 . A degree from Northwestern University, will provide an annual salary of $175,000.
Average MBA starting salary for graduates from accredited programs is $98,105 with the lowest of starting of $53,700 and the highest reported starting salary of $175,000.
Average Graduate Salaries for In-Person Statistics MBA Programs
- Average Statistics: $98,105
- Lowest Statistics: $53,700
- Highest Statistics: $175,000
10 Highest Salaries for In-Person MBA Graduates in Statistics
- Harvard University - $175,000.00
- Northwestern University - $175,000.00
- University of Illinois at Chicago - $167,977.00
- Fordham University - $127,511.00
- Baruch College-The City University of New York - $118,633.00
- University of California, Davis - $109,075.00
- David B. O'Maley College of Business - $108,000.00
- Temple University - $95,989.00
- Portland State University - $78,264.00
- The University of Texas at San Antonio - $78,000.00
10 Lowest Salaries for In-Person MBA Graduates in Statistics
- University of Central Arkansas - $53,700.00
- Jackson State University - $55,900.00
- University of Puerto Rico at Rio Piedras - $60,000.00
- University of Central Oklahoma - $62,400.00
- New Mexico State University - $73,500.00
- The University of Alabama - $74,060.00
- Saint Louis University - $76,282.00
- San Francisco State University - $76,600.00
- The University of Texas at San Antonio - $78,000.00
- Portland State University - $78,264.00
Average Salary for Graduate of MBA Programs in Statistics Programs – Interactive Table
Easily sort the interactive table below to find the best Statistics MBA programs by Starting Salary, and Campus or Online to find and to compare MBA programs in Statistics. Click on any school for a comprehensive school profile.
| Rank | University | Avg. Starting Salary | In State Tuition | ROI | State | Online |
|---|---|---|---|---|---|---|
| 1 | University of Central Arkansas | $53,700 | $11,239 | 378.00% | AR | Yes |
| 2 | Jackson State University | $55,900 | $14,490 | 286.00% | MS | Yes |
| 3 | University of Puerto Rico at Rio Piedras | $60,000 | $13,926 | 331.00% | PR | Yes |
| 4 | University of Central Oklahoma | $62,400 | $9,068 | 588.00% | OK | Yes |
| 5 | New Mexico State University | $73,500 | $10,314 | 613.00% | NM | Yes |
| 6 | The University of Alabama | $74,060 | $28,377 | 161.00% | AL | Yes |
| 7 | Saint Louis University | $76,282 | $37,470 | 104.00% | MO | No |
| 8 | San Francisco State University | $76,600 | $28,000 | 174.00% | CA | No |
| 9 | The University of Texas at San Antonio | $78,000 | $24,512 | 218.00% | TX | Yes |
| 10 | Portland State University | $78,264 | $50,984 | 54.00% | OR | Yes |
| 11 | Temple University | $95,989 | $60,000 | 60.00% | PA | Yes |
| 12 | University of California, Davis | $109,075 | $95,438 | 14.00% | CA | Yes |
| 13 | Baruch College-The City University of New York | $118,633 | $37,338 | 218.00% | NY | Yes |
| 14 | Fordham University | $127,511 | $99,497 | 28.00% | NY | Yes |
| 15 | University of Illinois at Chicago | $167,977 | $60,264 | 179.00% | IL | Yes |
| 16 | Harvard University | $175,000 | $149,820 | 17.00% | MA | No |
| 16 | Northwestern University | $175,000 | $162,030 | 8.00% | IL | No |
What is the Average In-Person MBA Tuition for Statistics Programs?
If you plan on attending an MBA program, it’s best to start thinking about fiscal responsibility. A prospective B-Student needs to weigh their tuition options. An AACSB-accredited MBA program can pave the way for a great starting salary or career advancement. An MBA program can provide the flexibility of completing a program while being employed in your respective career.
The average in-state tuition for an MBA in Statistics is $52,515.71 compared to an average campus program Statistics is $52,515.71 .
The lowest AACSB tuition rate at $9,068.00 from University of Central Oklahoma.
The highest AACSB tuition rate is $162,030.00 from Northwestern University.
Average Tuition for In-Person MBA Programs in Statistics
- Average: $52,515.71
- Lowest: $9,068.00 from University of Central Oklahoma
- Highest: $162,030.00 from Northwestern University
10 Most Affordable MBA Programs in Statistics
- University of Central Oklahoma - $9,068.00
- New Mexico State University - $10,314.00
- University of Central Arkansas - $11,239.00
- University of Puerto Rico at Rio Piedras - $13,926.00
- Jackson State University - $14,490.00
- The University of Texas at San Antonio - $24,512.00
- San Francisco State University - $28,000.00
- The University of Alabama - $28,377.00
- Baruch College-The City University of New York - $37,338.00
- Saint Louis University - $37,470.00
10 Most Expensive MBA Programs in Statistics
- Northwestern University - $162,030.00
- Harvard University - $149,820.00
- Fordham University - $99,497.00
- University of California, Davis - $95,438.00
- University of Illinois at Chicago - $60,264.00
- Temple University - $60,000.00
- Portland State University - $50,984.00
- Saint Louis University - $37,470.00
- Baruch College-The City University of New York - $37,338.00
- The University of Alabama - $28,377.00
Interactive Table – Tuition for MBA Programs in Statistics Programs
Easily sort the interactive table below to find the best Statistics MBA programs by Tuition to find and to compare MBA programs in Statistics. Click on any school for a comprehensive school profile.
| Rank | University | In State Tuition | Avg. Starting Salary | ROI | State | Online |
|---|---|---|---|---|---|---|
| 1 | University of Central Oklahoma | $9,068 | $62,400 | 588.00% | OK | Yes |
| 2 | New Mexico State University | $10,314 | $73,500 | 613.00% | NM | Yes |
| 3 | University of Central Arkansas | $11,239 | $53,700 | 378.00% | AR | Yes |
| 4 | University of Puerto Rico at Rio Piedras | $13,926 | $60,000 | 331.00% | PR | Yes |
| 5 | Jackson State University | $14,490 | $55,900 | 286.00% | MS | Yes |
| 6 | The University of Texas at San Antonio | $24,512 | $78,000 | 218.00% | TX | Yes |
| 7 | San Francisco State University | $28,000 | $76,600 | 174.00% | CA | No |
| 8 | The University of Alabama | $28,377 | $74,060 | 161.00% | AL | Yes |
| 9 | Baruch College-The City University of New York | $37,338 | $118,633 | 218.00% | NY | Yes |
| 10 | Saint Louis University | $37,470 | $76,282 | 104.00% | MO | No |
| 11 | Portland State University | $50,984 | $78,264 | 54.00% | OR | Yes |
| 12 | Temple University | $60,000 | $95,989 | 60.00% | PA | Yes |
| 13 | University of Illinois at Chicago | $60,264 | $167,977 | 179.00% | IL | Yes |
| 14 | University of California, Davis | $95,438 | $109,075 | 14.00% | CA | Yes |
| 15 | Fordham University | $99,497 | $127,511 | 28.00% | NY | Yes |
| 16 | Harvard University | $149,820 | $175,000 | 17.00% | MA | No |
| 17 | Northwestern University | $162,030 | $175,000 | 8.00% | IL | No |
What is the Average ROI for MBA Programs in Statistics?
Choosing an MBA program requires more than a glance at the school’s reputation or curriculum. The return on investment (ROI) should take center stage in your evaluation. This measurement reveals the potential value derived from your tuition investment, putting key factors such as starting salary and career progression under the microscope.
By scrutinizing the ROI, you’re not just making a decision—you’re making an informed one. This approach will ensure the selection of an MBA program that provides the most bang for your buck. Checking the ROI might not be an afterthought; it could be the game-changer in your MBA journey.
For MBA programs in across the U.S., the ROI ranges from 8% to 613%.The lowest MBA ROI of 8% is from the program at Northwestern University.The highest MBA ROI of 613% is offered by New Mexico State University.On average, MBA programs across the U.S. have an ROI of 186%.
Interactive Table – ROI for MBA Programs in Statistics Programs
Easily sort the interactive table below to find the best Statistics MBA programs by ROI to find and to compare MBA programs in Statistics. Click on any school for a comprehensive school profile.
| Rank | University | ROI | In State Tuition | Avg. Starting Salary | State | Online |
|---|---|---|---|---|---|---|
| 1 | New Mexico State University | 613.00% | $10,314 | $73,500 | NM | Yes |
| 2 | University of Central Oklahoma | 588.00% | $9,068 | $62,400 | OK | Yes |
| 3 | University of Central Arkansas | 378.00% | $11,239 | $53,700 | AR | Yes |
| 4 | University of Puerto Rico at Rio Piedras | 331.00% | $13,926 | $60,000 | PR | Yes |
| 5 | Jackson State University | 286.00% | $14,490 | $55,900 | MS | Yes |
| 6 | Baruch College-The City University of New York | 218.00% | $37,338 | $118,633 | NY | Yes |
| 6 | The University of Texas at San Antonio | 218.00% | $24,512 | $78,000 | TX | Yes |
| 8 | University of Illinois at Chicago | 179.00% | $60,264 | $167,977 | IL | Yes |
| 9 | San Francisco State University | 174.00% | $28,000 | $76,600 | CA | No |
| 10 | The University of Alabama | 161.00% | $28,377 | $74,060 | AL | Yes |
| 11 | Saint Louis University | 104.00% | $37,470 | $76,282 | MO | No |
| 12 | Temple University | 60.00% | $60,000 | $95,989 | PA | Yes |
| 13 | Portland State University | 54.00% | $50,984 | $78,264 | OR | Yes |
| 14 | Fordham University | 28.00% | $99,497 | $127,511 | NY | Yes |
| 15 | Harvard University | 17.00% | $149,820 | $175,000 | MA | No |
| 16 | University of California, Davis | 14.00% | $95,438 | $109,075 | CA | Yes |
| 17 | Northwestern University | 8.00% | $162,030 | $175,000 | IL | No |
ROI for MBA Programs
- Average: 186%
- Lowest: 8%
- Highest: 613%
10 Highest ROI for MBA Programs in Statistics
- New Mexico State University - 613.00%
- University of Central Oklahoma - 588.00%
- University of Central Arkansas - 378.00%
- University of Puerto Rico at Rio Piedras - 331.00%
- Jackson State University - 286.00%
- Baruch College-The City University of New York - 218.00%
- The University of Texas at San Antonio - 218.00%
- University of Illinois at Chicago - 179.00%
- San Francisco State University - 174.00%
- The University of Alabama - 161.00%
10 Lowest ROI for MBA Programs in Statistics
- Northwestern University - 8.00%
- University of California, Davis - 14.00%
- Harvard University - 17.00%
- Fordham University - 28.00%
- Portland State University - 54.00%
- Temple University - 60.00%
- Saint Louis University - 104.00%
- The University of Alabama - 161.00%
- San Francisco State University - 174.00%
- University of Illinois at Chicago - 179.00%
What is the Average GMAT Score Needed for an MBA Program in Statistics?
The Graduate Management Admission Test (GMAT) is a standardized examination used by MBA schools to assess their applicant pool. The test is strategically designed to measure an applicant’s analytical, verbal, writing and mathematical skills. The GMAT is used as a predictor of success in MBA programs and tests one’s ability to successfully handle the advanced quantitative and qualitative study of business and management.
Even though some B-Schools may not require a GMAT Scores, there’s a good chance that a highly-competitive MBA program does require the GMAT. With that being said, average GMAT Scores for in-person MBA programs in Statistics is 609 with a highest of 730 and the lowest of 450
The average GMAT score needed for a Statistics MBA program from an institution is between 450 from The University of Texas at San Antonio to 730 from Harvard University. The average GMAT scores for Statistics MBA programs is 609.
It’s important to note that not all MBA programs require a GMAT Score for admissions, but most reputable programs do. With that being said, if you have your eye on a list of competitive programs, it’s best to boost your GMAT Score accordingly. Outside of a solid GMAT Score, B-School admissions departments look at a candidate’s undergraduate GPA, professional experience, letters of recommendation, CV, and personal statement. A strong undergraduate performance may offset a sub-part GMAT Score. The average GMAT Score for on-campus MBA programs in Statistics is a 609.25 compared to an average MBA program score of 609.25. It is recommended that each B-School applicant take a GMAT diagnostic test in order to determine whether or not further study and/or a prep course is needed to boost your score.
Average GMAT Score for MBA Programs in Statistics
- Average: 609
- Lowest: 450
- Highest: 730
10 Lowest GMAT for MBA Programs in Statistics
- The University of Texas at San Antonio - 450
- New Mexico State University - 517
- University of Puerto Rico at Rio Piedras - 520
- Jackson State University - 568
- Saint Louis University - 568
- San Francisco State University - 585
- University of Central Arkansas - 591
- University of Central Oklahoma - 600
- David B. O'Maley College of Business - 610
- Temple University - 624
10 Highest GMAT for MBA Programs in Statistics
- Harvard University - 730
- Northwestern University - 729
- University of California, Davis - 657
- Fordham University - 655
- The University of Alabama - 653
- University of Illinois at Chicago - 630
- Baruch College-The City University of New York - 626
- Portland State University - 626
- Temple University - 624
- David B. O'Maley College of Business - 610
No GMAT or GRE: Best MBA Programs in Statistics
More than 233 AACSB accredited MBA programs do not require their applicants to take GMAT exam. Many well-known programs such as the University of Michigan and the University of California, Los Angeles no longer require the exam. If you are unsure where you would like to take your program, then you should take the GMAT sooner rather than later so you don’t lose time meeting the score requirement of a program.
Alumni from Schools Offering an MBA in Statistics
There are pros and cons when considering the size of your MBA in Accounting program. Larger, more diverse student populations, may lend itself to greater networking and job placement opportunities; whereas smaller programs may provide for more meaningful interactions with fellow classmates.
The importance of networking, whether it’s by way of campus job fairs, student organization members, or faculty mentorship, should not be understated when considering an MBA program. The average MBA enrollment size has a direct impact on your studies, your job prospects, your ability to define your career goals and after graduation connections.
Every B-School has a strategy behind their enrollment sizes. If a prospective B-Student is looking for networking opportunities, wants to attend job fairs, and plans on joining student organizations, B-School enrollment size plays an important role in the decision making process. For the B-Student interested in the smaller cohort-style classroom experience and thrive with face-to-face collaboration with their professors, a manageable enrollment size is the preferred option.
For Statistics MBA programs, the range for full-time enrollment is between 77 and 1,279. For part-time enrollment, the range is between : 11.00 and : 1,345.00.
Average Enrollment for MBA Programs Offering an MBA in Statistics
- Lowest: 77 from New Mexico State University
- Highest: 1,279 from Baruch College-The City University of New York
- Average: 436 from 16 MBA Programs.
10 MBA Programs with the Highest Enrollment (Alumni)
- Baruch College-The City University of New York - 1,279
- Fordham University - 672
- The University of Alabama - 661
- The University of Texas at San Antonio - 558
- University of Illinois at Chicago - 500
- Saint Louis University - 200
- Portland State University - 163
- University of Central Oklahoma - 149
- University of Puerto Rico at Rio Piedras - 141
- David B. O'Maley College of Business - 110
10 MBA Programs with the Smallest Enrollment (Alumni)
- University of Central Arkansas - 72
- New Mexico State University - 77
- David B. O'Maley College of Business - 110
- University of Puerto Rico at Rio Piedras - 141
- University of Central Oklahoma - 149
- Portland State University - 163
- Saint Louis University - 200
- University of Illinois at Chicago - 500
- The University of Texas at San Antonio - 558
- The University of Alabama - 661
Student / Faculty Ratio for MBA Programs in Statistics
For most students, their professors are the first exposure to the business world. They are normally practitioners in the field and have successful risen to the top of their respective careers. B-School Statistics Professors can guide you toward a specific concentration, provide the latest industry trends, and put you on the right track, career-wise. The Student/Faculty ratio is important to those interested in building a lasting relationship with their professor. To use them as a networking opportunity and an advisor.
Top 10 Concentrations Available from Schools Also Offering an Degree in Statistics?
Highly competitive B-Schools recruit part-time and full-time professors that are both academic and industry influencers. They are the subject matter experts in their respective concentrations. To meet the diverse needs of Statistics businesses, MBA programs here have risen to the challenge by offering you an array of more than 47 MBA concentrations including:
- Marketing: 18
- Statistics: 18
- Finance: 18
- General Business: 17
- Accounting: 16
- Information Systems: 16
- Management: 15
- Economics: 14
- Data Analytics: 12
- Corporate Finance: 12
Here are the top schools offering the widest variety of concentrations to choose from:
- David B. O’Maley College of Business: 30
- Nova Southeastern University: 25
- University of Cincinnati: 24
- Suffolk University: 23
- Drexel University: 23
- Temple University: 23
- Harvard University: 23
- Georgia State University: 22
- The Ohio State University: 22
- University of Baltimore: 22
The Importance of MBA Accreditation for MBA Programs
The importance of accreditation can’t be underestimated. For many, knowing your school is accredited by the AACSB and regionally accredited by the US Department of Education is enough assurance that you will receive a quality education, where credits are more likely to transfer, and you will be qualified for loans, grants, and scholarships.
AACSB accreditation is considered to be the gold standard in business school credentialing. Established to promote high-quality business education in the U.S., AACSB members developed a stringent accreditation process. Members are held accountable for following an established business education framework set forth by the AACSB. With that comes MBA degrees conferrals that are widely recognized by Fortune 500 companies. This results in lucrative job opportunities.
MBA Program Options Available for Statistics MBA Programs
Options for earning your Statistics MBA have never been more flexible. Statistics MBA programs have become adept at offering effective alternatives for you to earn your MBA, no matter your life situation or schedule.
There are 16 Statistics accredited MBA programs. 2 private and 13 public schools offering Statistics MBA programs.
Number of Award Earned for MBA Programs Offering an Statistics Degree
The ranking of MBA programs is certainly not an exact science and plenty of subjective reasoning and biases come into play. We offer insights into ranking as another way to evaluate a potential MBA program.
Of the 16 accredited MBA programs offered in Statistics, 16 of them have been recognized by at least one distinguished publication MBAGuide, PQ, US News, Forbes, BW, FT and Economist garnering an award as one of the best MBA programs in the country.
- Northwestern University: 7
- Harvard University: 7
- Temple University: 6
- Fordham University: 6
- University of California, Davis: 5
- The University of Alabama: 4
- Baruch College-The City University of New York: 4
- The University of Texas at San Antonio: 1
- San Francisco State University: 1
- Jackson State University: 1
- University of Illinois at Chicago: 1
- University of Central Arkansas: 1
- University of Puerto Rico at Rio Piedras: 1
- New Mexico State University: 1
- Saint Louis University: 1
- Portland State University: 1
Publications and the number of awards granted for an MBA degree in Statistics :
- MBAGuide: 16
- US News: 7
- Forbes: 7
- BW: 3
- FT: 3
- Economist: 5
How We Rank the Best MBA Programs in Statistics
MBAGuide.org employs a comprehensive ranking methodology that combines quantitative data (80% of the score) with qualitative assessments (20%) to evaluate MBA programs. The quantitative component considers factors such as student-faculty ratio, tuition, enrollment, and post-graduation salaries, while the qualitative aspect incorporates editorial ratings and school reputation, providing a well-rounded view of each program’s quality and value.
Best MBA Programs by Concentration: Online and In-Person
- Accounting – Online | In-Person
- Actuarial Science – Online | In-Person
- Arts – Online | In-Person
- Business Administration – Online | In-Person
- Communications – Online | In-Person
- Consulting – Online | In-Person
- Corporate Finance – Online | In-Person
- Cybersecurity – Online | In-Person
- Data Analytics – Online | In-Person
- E-Commerce – Online | In-Person
- Economics – Online | In-Person
- Education – Online | In-Person
- Energy – Online | In-Person
- Engineering – Online | In-Person
- Entrepreneurship – Online | In-Person
- Ethics – Online | In-Person
- Finance – Online | In-Person
- Financial Management – Online | In-Person
- Global Management – Online | In-Person
- Healthcare Administration – Online | In-Person
- Hospitality Management – Online | In-Person
- Human Resources – Online | In-Person
- Information Systems – Online | In-Person
- Innovation Management – Online | In-Person
- Insurance – Online | In-Person
- International Business – Online | In-Person
- Law – JD MBA – Online | In-Person
- Leadership – Online | In-Person
- Management – Online | In-Person
- Manufacturing – Online | In-Person
- Marketing – Online | In-Person
- Non-Profit Management – Online | In-Person
- Operations Management – Online | In-Person
- Organizational Behavior – Online | In-Person
- Product Management – Online | In-Person
- Project Management – Online | In-Person
- Public Administration – Online | In-Person
- Quantitative Methods – Online | In-Person
- Real Estate – Online | In-Person
- Sports Management – Online | In-Person
- Statistics – Online | In-Person
- Supply Chain Management – Online | In-Person
- Sustainability Management – Online | In-Person
- Taxation – Online | In-Person
- Technology Management – Online | In-Person
What’s the Career Outlook for Mathematicians and Statisticians with an MBA?
Overall employment of mathematicians and statisticians is projected to grow 33% through 2026, much faster than the average for all occupations. Employment growth will vary by occupation. Growth is expected to result from the more widespread use of statistical analysis to make informed business, healthcare, and policy decisions. In addition, the large increase in available data from the Internet will open up new areas for analysis. For example, supplier operations analyst for e-commerce startups must evaluate real-time inventory data to determine fulfillment rates. e-Commerce marketing managers must analyze quarterly sales numbers to pinpoint the next advertising campaign. Finally, customer service managers must evaluate Net Promoter Score (NPS) metrics for the sake of developing their next quality assurance training program for new reps.
The median annual wages for statisticians in the top industries in which they worked were as follows:
| Sector | Avg. Salary |
|---|---|
| Federal government | $100,750 |
| Research and development in the physical, engineering, and life sciences | $87,160 |
| Insurance carriers and related activities | $77,420 |
| Healthcare and social assistance | $76,190 |
| Colleges, universities, and professional schools; state, local, and private | $71,070 |
Where Are Statisticians with an MBA Employed?
Statisticians held about 39,000 jobs. The largest employers of statisticians are as follows:
| Sector | Avg. Salary |
|---|---|
| Federal government | 13% |
| Research and development in the physical, engineering, and life sciences | 11% |
| Insurance carriers and related activities | 9% |
| Healthcare and social assistance | 8% |
| Colleges, universities, and professional schools; state, local, and private | 8% |
Mathematicians and statisticians typically work in corporate settings. They also may work in teams with scientists and other professionals. Mathematicians and statisticians work in many fields, such as banking, real estate, education, marketing, psychology, sports, or any other field that requires the collection and analysis of data. The following are other careers Statisticians can excel:
- Compensation and Benefits Managers plan, develop, and oversee programs to compensate employees.
- Computer programmers write and test code that allows computer applications and software programs to function properly. They turn the program designs created by software developers and engineers into instructions that a computer can follow.
- Economists study the production and distribution of resources, goods, and services by collecting and analyzing data, researching trends, and evaluating economic issues.
- Market research analysts study market conditions to examine potential sales of a product or service. They help companies understand what products people want, who will buy them, and at what price.
- Operations research analysts use advanced mathematical and analytical methods to help organizations investigate complex issues, identify and solve problems, and make better decisions.
- Survey researchers design and conduct surveys and analyze data. Surveys are used to collect factual data, such as employment and salary information, or to ask questions in order to understand people’s opinions, preferences, beliefs, or desires.
Find Online MBA Programs Now Accepting Applicants
What Skills Do I Need to be Successful as a Statistician?
| Sector | Description |
|---|---|
| Analytical skills | Statisticians use mathematical techniques and models to analyze large amounts of data. They must determine the appropriate software packages and understand computer programming languages to design and develop new techniques and models. They must also be precise and accurate in their analysis. |
| Communication skills | Mathematicians and statisticians must interact with, and propose solutions to, people who may not have extensive knowledge of mathematics. |
| Math skills | Mathematicians and statisticians use statistics, calculus, and linear algebra to develop their models and analyses. |
| Problem-solving skills | Mathematicians and statisticians must devise new solutions to problems encountered by scientists or engineers. |
What Typical Classes Will I Take in My Statistics MBA Program?
- Regression Analysis for Business. The course will begin with a focus on the basic elements of exploratory data analysis, probability theory and statistical inference. With this as a foundation, it will proceed to explore the use of the key statistical methodology known as regression analysis for solving business problems, such as the prediction of future sales and the response of the market to price changes. The use of regression diagnostics and various graphical displays supplement the basic numerical summaries and provides insight into the validity of the models. Specific important topics covered include least squares estimation, residuals and outliers, tests and confidence intervals, correlation and autocorrelation, collinearity, and randomization. The presentation relies upon computer software for most of the needed calculations, and the resulting style focuses on the construction of models, interpretation of results, and critical evaluation of assumptions.
- Modern Data Mining. Statistics or Data Science has been evolving rapidly to keep up with the modern world. While classical multiple regression and logistic regression technique continue to be the major tools we go beyond to include methods built on top of linear models such as LASSO and Ridge regression. Contemporary methods such as KNN (K nearest neighbor), Random Forest, Support Vector Machines, Principal Component Analyses (PCA), the bootstrap and others are also covered. Text mining, especially through PCA, is another topic of the course. While learning all the techniques, we keep in mind that our goal is to tackle real problems. Not only do we go through a large collection of interesting, challenging real-life data sets but we also learn how to use the free, powerful software “R” in connection with each of the methods exposed in the class.
- Forecasting Management Methods. This course provides an introduction to the wide range of techniques available for statistical forecasting. Qualitative techniques, smoothing and decomposition of time series, regression, adaptive methods, autoregressive-moving average modeling, and ARCH and GARCH formulations will be surveyed. The emphasis will be on applications, rather than technical foundations and derivations. The techniques will be studied critically, with the examination of their usefulness and limitations.
- Actuarial Statistics. This course covers models for insurer’s losses and applications of Markov chains. Poisson processes, including extensions such as non-homogeneous, compound, and mixed Poisson processes are studied in detail. The compound model is then used to establish the distribution of losses. An extensive section on Markov chains provides the theory to forecast future states of the process, as well as numerous applications of Markov chains to insurance, finance, and genetics. The course is abundantly illustrated by examples from the insurance and finance literature. While most of the students taking the course are future actuaries, other students interested in applications of statistics may discover in class many fascinating applications of stochastic processes and Markov chains.
Campus vs. Online MBA Programs in Statistics
Whether it’s a part-time Executive MBA, full-time online, or a traditional MBA program, B-Schools offer a variety of scheduling options for the working professional and the recent graduate. The online option is ideal for students that want a reputable program without geographic limitations. An MBA in Statistics allows students to enjoy program flexibility and thanks to the advances in technology, have enabled greater access to coursework all over the globe.
With improvements made to eLearning and Blackboard educational technology platforms, the collaboration between professors and students has drastically improved the delivery of MBA content. There are nearly 3 million students currently enrolled in full-time online degree programs compared to 6 million students taking at least one online course as part of their degree program. B-Schools that fall into the category of “traditional” usually provide students with the option of taking a few online courses during their MBA in General Business program.
- The pros of online learning include lower overhead cost which includes online textbooks, dormitory expenses, and commuting cost. The convenience and flexibility of choosing your own times for learning, and the comfort of learning in your own home.
- The cons of online learning include limited social interaction, computer and software issues as well as cost of high-speed Internet, often requires the student be self-motivated and disciplined progress through the program.
- The pros of campus-based learning include face-to-face and in-person interaction with instructors and fellow students, regularly scheduled class hours, use of the school’s library, athletic facilities, and laboratories.
- The cons of campus-based learning include the requirement to travel to classes, lack of time flexibility, and housing costs.
- One of the benefits of online learning as it relates to tuition cost is that a number of schools offer free textbooks online and include these texts in the price of tuition.
It is important to evaluate your schedule if you are still working during school. For example, it could be wise to complete a flexible part-time online MBA if your work is demanding. Lastly, bear in mind the impact of geographic location on long-term job opportunities in particular industries when you are deciding between an on-campus and online program. There may be high demand for statisticians in your area and top firms may be aggressively recruiting at your business school.
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Robert works in Healthcare Administration as a Lean Six Sigma Black belt, Certified Mentor, and Transformational Coach. He enjoys promoting and educating on process improvement, Lean Six Sigma, OpEX and project management. He also enjoys projects for environmental initiatives including corporate social responsibility, LEED, and sustainability initiatives.
