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Whether saving an organisation money on a business decision, generating revenue or adding value to the consumer, data interpretation and statistics play a massive part in the contemporary business world.
From how a consumer navigates a website or application to their buying tendencies and preferences, the insight we get from the data we collect is substantial.
One benefit of statistics being a necessary component of daily life is that professions in applied statistics may be found in virtually every business.
Applied statistics is used in a growing number of fields, from psychology to sports, as technology permeates every aspect of our lives.
The job prospects for statisticians are bright due to their growing use across industries. Getting a master's in applied statistics is worthwhile in part because you'll learn how to use data to solve problems in the real world as well as which approaches and procedures to apply when.
A master's program in applied statistics will provide you with practical SAS training as well as experience in logical regression, game theory, and other statistical methods, allowing you to pursue employment in a variety of fields.
In this article, I will look at some of the benefits of having a masters degree and why you might want to opt for furthering your education in the field before exploring options that you have at your deposal as a statistics student on the island of Ireland.
If you are looking for motivation to study for a degree in statistics then you should consider the advantages.
Stand out with a masters degree
Even if you end up applying for a job that doesn’t entirely align with your degree, often companies will choose candidates who have achieved a master’s degree in a related field over those who have an undergraduate qualification.
Provided that your account for all of the other variables and that both candidates have identical backgrounds and work experience. Having a masters doesn’t just tell companies that you have knowledge in the respective area or field. It also indicates to potential employers your work ethic given that it is never an easy task.
Having a masters degree will also show employers that you have a certain level of organisation and management skills as you will have had to prioritise tasks while maintaining a steady workflow throughout the semesters and subsequent examination periods.
Given that the employer only has the information that is available to them on the resume that you submit when applying for the position, degrees are often deemed as the assurance of the candidate's aptitude. Your university degree can be a stamp of credibility which is signed off on by your third-level educational institution.
So by studying for a Master’s degree you will be putting your resume right at the top of the pile. You will often be given preference to other candidates applying for the same position for the aforementioned reasons.
What’s more incentivising for students such as yourself looking to get into the field of statistics by achieving some formal education in the field, is that the degree is one of the most in-demand qualifications in the contemporary jobs market.
Graduating with a masters degree of will be sure to land you a job in your area of interest, regardless of what your final grade is.
Of course, those who achieve first-class honours in their statistics master’s degree will be head hunted from the moment they graduate from university. If you are on the other end of the spectrum and scraped a passing grade overall in your exams, you will likely still have little difficulty securing a job.
Let’s remember that studying for a masters degree of any sort is a daunting challenge for even the most academic of students. A masters degree in statistics might even be some people's version of a real-life nightmare. It can certainly be one of the more challenging courses that a student can opt to study at university.
Study for your masters at UCD
If you are looking to study for a masters degree in statistics for the career opportunities that come with the hard-earned piece of paper the UCD might be the place for you.
Who could blame you? Successful statistics graduates are amongst the top earners in comparison to other fields and the career opportunities that will surface upon graduating from a decorated university such as UCD are also plentiful.
The MA in Statistics has employment possibilities that are comparable to those of the MSc in Statistics, and graduates go on to work in the banking, research, and risk management sectors.
The IT industry is increasingly in need of statisticians (e.g., Google, Intel, data mining companies). Additionally, statisticians work for numerous government agencies.
Statistics students at UCD will spend their first few years learning about data science, research skills, descriptive statistics, statistical mathematics and data analysis. In the latter year's statistics students will delve into their study and analysis of the course's data and mathematics modules in greater detail.
Start making time to practice research and study the course today. It will increase your chances of getting into a data science or statistical mathematics course at university. Allocate time to going over the course material online and learning from past students how you can improve the level of your research over the summer months.
Working for companies like Google, Western Union, AIB, Norbrook, Ernst & Young, O2, and SPSS are former MSc and MA students from the course at UCD. Other graduates from. The university started academic careers by enrolling in PhD programs.
As you can see that by choosing to further your education in the field of statistics at UCD you will be opening many doors for yourself and following in the footsteps of a very successful group of university alumni.
Get your masters degree in statistics at Maynooth
If you are looking for a university to take your understanding of statistics to the next level then Maynooth should be up there at the top of your list.
Throughout your time studying a masters program at Maynooth University you will study programming, statistics, and database management skills before moving on to a more complex statistical machine learning topic.
This diverse and carefully selected mix of statistical modules will help to give you an edge over other candidates in the future.
These are vital components that allow students to progress in line with industry requirements. This causes for a seamless transition into the workplace by the time their graduation roll around!
The course covers information on the financial and political ramifications of data use, as well as its social and ethical effects. In our Case Studies curriculum, applications from numerous industry sectors will be examined. Students will apply these technological abilities in the Project module.
Additionally, they will develop their report-writing, presentation, and teamwork skills. Moreover, students complete a 30-credit thesis. This is something that you should always look at when considering the different courses to study for your masters in statistics.
Depending on the course structure, you will likely have either the entire academic calendar or the latter half to conduct and write up your research project.
This is certainly a great asset to work on as it enables students to specialise in a specific area of interest. Your research will also serve as an interesting talking point when you get around to interviewing for jobs.
It's important to establish the habit of adhering to a reliable timetable as you move through the course.
Prepare and keep up with the pace of a statistics course with Superprof
The opportunities for students that have studied statistics for their undergraduate degree are certainly in abundance across the island of Ireland. The same is also true for students who mightn’t have studied the subject at any level but have an interest in transition or specialising in the area through a masters or postgraduate degree.
The accessibility and minimum entry requirements will be listed on the course descriptor of the respective universities' websites. This will likely fluctuate somewhat each year according to the demand for a place in the course.
With that said some universities will require students to have achieved a certain grade average in their undergraduate degrees or even in specific modules if they are to be considered for a place in the masters program.
Whether you are looking to avail of a personal statistics tutor in order to help secure a place in your preferred master’s program or you are looking to keep up with the place of your statistics course, Superprof is the best place to start your search!
Through Superprof, students can choose a tutor who will best meet their individual needs, enabling them to target their areas of weakness throughout the relevant statistics syllabus.
An undergraduate degree in statistics will take time to earn but it is certainly worth the process.
Students studying statics can plan the format of their lessons with the help of Superprof and their tutor. You will have the chance to learn remotely from the convenience of your home with online coaching using a webcam and pre-recorded video sessions.
You will do better throughout the wide variety of topics covered in the course if you have a mentor to help you work through your university test solutions. With the aid of a Superprof teacher, you'll earn your degree faster than you might expect, so why not check it out right now?
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