1. Professional Master’s in Statistics (M.Stat) Program Review
George R. Brown School of Engineering - STATISTICS
Professional Master’s in Statistics (M.Stat) Program Review
J.A. Dobelman, Professor in the Practice, Director of M.Stat Program
March 27, 2014
Clark Haptonstall, PIP, Chair, director of sport management department

2. M.Stat Purpose
Prepare the student to adapt statistical methodologies to practical problems in a professional setting.
Provide customized/individualized programs based on interests and career objectives
Confer evidence of having the skills of a practicing statistician
Highlight student choice
Broad-based or specialized program of study
Balanced training: statistical methods, computational statistics and statistical theory
Cornell, Kennesaw, Rice, Stanford, UDC, GWU, IUPUI, UW Madison, Columbia
PSM: San Jose Univ

3. M.Stat Program Details M.Stat is a non-thesis Master's degree
Does not require an internship.
30 hours of approved coursework, with additional recommended career-enhancing enrichment courses.
Mix of required, track-specific and elective courses will be jointly determined by the student and the M.Stat graduate advisor.

4. M.Stat Details, CONT’D Students meet with the M.Stat advisor
Select an individualized plan of study
Periodic tune-ups as the program progresses
Program normally requires three semesters of full-time course work
Part-time M.Stat programs are available for select working students.

5. M.Stat Specializations
Applied Statistics for Industry
Financial Statistics and the Statistics of Risk
Bioinformatics, Statistical Genetics, and Biostatistics
Statistical Computing and Data Science
Environmental Statistics
Joint MBA/M.Stat Degree Program
Preparation for Ph.D. Studies in Statistics, Mathematical Economics, and Finance

6. M.Stat Successes 13 Graduates 1993-2007
Excellent growth and projection
Total in program since 1992: 128
Total graduates through 12/31/13: 85
Typical in-program count: 30 (3 joint)
Possible to greatly increase enrollments
Non-thesis MA and M.Stat/PSM joint degrees
Diverse, enthusiastic student body
Excellent placement rates

7. M.Stat Challenges
Growth in applications/admits – review time and advising requirements
Need for more citizen students
2010: 8/56 (14.3% citizens or perm.res.)
2011: 12/174 (6.9%)
2012: 9/190 (4.7%)
2013: 13/262 (5.0%)
2014: 12/252 (4.8%)
Need for increased marketing efforts
Review funding model at GRB SOE level
Rice Endowment (33% publically traded equities)
6/08: $4.6B
6/09: $3.6B audited by EOY 09 (EOFY10) (21% hit)
FY10, FY11: 5% budget reductions
6/13: $4.84B 5% above 2008
Tuition: , , , ,

8. M.Stat Placements
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