A masters is awarded to students who have completed postgraduate level study in a specific field of study or area of professional practice while demonstrating a high level of mastery during the process.
At its core, statistics is the study of data. Statisticians collect, analyze, interpret, and present data in ways that are useful for understanding what correlations or trends may exist in the social and natural worlds.
Australia has a subsidized higher education for students pursuing the undergraduate degrees. They also give loan and grants for the post graduate students. Higher learning starts at undergraduate degree level to a doctoral degree offered in any field of study.
Masters in Statistics in Australia
This degree is intended to enable students to upgrade their expertise in the mathematical sciences either as a route to further study of mathematical sciences or to upgrade their quantitative skills in areas such as the biological sciences and computational science that are rapidly becoming more reliant on advanced techniques from the mathematical sciences. [+]
The professional program follows the same structure as the Master of Actuarial Science program with an additional 20-week Work Integrated Learning component. [+]
The Master of Actuarial Practice follows the same structure as the Master of Actuarial Science, plus Practice Subjects. [+]
The Master of Actuarial Science combines advanced mathematics, statistics, data analytics, actuarial risk theory, finance, economics and accounting subjects with large-scale, real-life commercial data analysis. [+]