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single degree

Master of Statistics

A single two year graduate degree offered by the ANU College of Business and Economics

MST
  • Length 2 year full-time
  • Minimum 96 Units
First year student? There’s more information about enrolling in your degree.
  • Field of Education
    • Statistics
  • Length 2 year full-time
  • Minimum 96 Units
First year student? There’s more information about enrolling in your degree.
  • Field of Education
    • Statistics

Program Requirements

The Master of Statistics requires the completion of 96 units, which must consist of:

48 units from completion of the following initial component:

36 units from completion of courses from the following list:

STAT6038 Regression Modelling

STAT6039 Principles of Mathematical Statistics

STAT6046 Financial Mathematics

STAT7018 Stochastic Modelling

STAT7029 Design of Experiments and Surveys

STAT7030 Generalised Linear Models

STAT8002 Applied Time Series Analysis

STAT8003 Biostatistics

STAT8027 Statistical Inference

EMET8005 Economic Models and Introductory Economics

12 units from completion of the following compulsory research courses:

STAT7001 Applied Statistics

STAT7026 Graphical Data Analysis

48 units from completion of the following concluding component:

A minimum of 24 units from completion of courses from the following list:

STAT6043 Life Contingencies

STAT6045 Actuarial Techniques

STAT7042 Survival Models

STAT8035 Risk Theory

STAT8036 Credibility Theory

STAT8053 Applied Research Essay

STAT8056 Advanced Mathematical Statistics

EMET8002 Case Studies in Applied Econometrics

EMET8008 Econometric Theory

EMET8012 Business and Economic Forecasting

A maximum of 24 units from completion of 6000-level, 7000-level and 8000-level courses from the following subject areas:

ACST Actuarial Studies

BUSN Business

ECON Economics

EMET Econometrics

FINM Financial Management

MATH Mathematics

STAT Statistics

Students must achieve a minimum 60% weighted average mark in the initial component to continue to the concluding component.

Students who do not achieve a minimum of 60% weighted average mark will be transferred to the Graduate Diploma of Finance Actuarial Studies and Applied Statistics with a specialisation in Statistics.

Admission Requirements

A Bachelor degree or international equivalent with an average mark of at least 65%, with at least one course in the field of mathematics that must cover calculus and linear algebra.

Applicants with a Bachelor Degree or Graduate Certificate in a cognate discipline may be eligible for 24 units (one semester) of credit.

Applicants with a Graduate Diploma or Honours in a cognate discipline may be eligible for 48 units (one year) of credit.

Students must achieve a minimum 60% weighted average mark in the initial component to continue to the concluding component.

Students who do not achieve a minimum of 60% weighted average mark in the initial component will be transferred to the Graduate Diploma of Finance Actuarial Studies and Applied Statistics

All applicants must meet the University’s English Language Admission Requirements for Students

Annual indicative fee for domestic students
$27,840.00

For more information see: http://www.anu.edu.au/students/program-administration/costs-fees

Annual indicative fee for international students
$37,104.00

Scholarships

ANU offers a wide range of scholarships to students to assist with the cost of their studies.

Eligibility to apply for ANU scholarships varies depending on the specifics of the scholarship and can be categorised by the type of student you are.  Specific scholarship application process information is included in the relevant scholarship listing.

For further information see the Scholarships website.

In disciplines as diverse as biology, economics, actuarial studies, psychology, physics, archaeology, medicine and information technology, there is always a need for qualified statisticians to make proper sense of the data. The Master of Statistics program will enable you to specialise in any of a large number of areas, as well as receive rigorous training in core statistical application and theory. This will set you up as a professional statistician whose services will be highly sought-after. With an ANU Master of Statistics you will excel in your career literally anywhere is the world.

Career Options

Graduates from ANU have been rated as Australia's most employable graduates and among the most sought after by employers worldwide.

The latest Global Employability University Ranking, published by the Times Higher Education, rated ANU as Australia's top university for getting a job for the fourth year in a row.

Learning Outcomes

Upon successful completion, students will be able to:

  1. Demonstrate statistical computing skills for use in quantitative and data-based problem solving.
  2. Understand and be able to apply the processes and applications of: multiple linear regression, survey design; mathematical statistics, stochastic modelling, generalised linear modelling techniques; the principles of data representation, summarisation and presentation; multivariate statistical techniques; and, the role and notion of both parametric and non-parametric statistics.
  3. Analyse complex problems by running and interpreting time series models involving dynamic volatility and/or trends.
  4. Analyse and interpret data in various contexts using appropriate methodology.
  5. Work independently and collaboratively to collect, process, interpret and communicate the outcomes of fundamental research questions in applied statistics.

Further Information

For Domestic Students applying through UAC: If you have completed an overseas qualification, please send a scanned copy of your original testamur (graduation certificate) and academic transcript through to info.cbe@anu.edu.au. The scanned documents should be in colour and unaltered in size. Please include your name and UAC number in the email.

Students in the Master of Statistics program have the option of applying to undertake a Statistics Masters thesis as a possible pathway to PhD study. Details regarding the Masters thesis are below:

·              Length: 24 units, to be completed in the final year of the Master of Statistics

·              Eligibility: To be eligible to apply, students must have achieved a GPA of at least 6.5 across prior coursework within the Master of Statistics. Eligibility will also depend on the compulsory courses that students are required to still complete as part of their Masters degree, and specifically whether students have sufficient space in their program.

·              How to apply: Students’ must write a case as to why they want to engage in the course and must have already secured a supervisor

·              Courses the thesis replaces: The courses that the thesis replaces will be determined in consultation with the Statistics Masters convenor and will depend on the background of each student. 

 Students who are accepted into the Masters thesis component should contact Gen Nowak (gen.nowak@anu.edu.au) to confirm their study plan for the program. Please note that undertaking a Masters thesis does not guarantee entry to a PhD.

Back to the Master of Statistics page

In disciplines as diverse as biology, economics, actuarial studies, psychology, physics, archaeology, medicine and information technology, there is always a need for qualified statisticians to make proper sense of the data. The Master of Statistics program will enable you to specialise in any of a large number of areas, as well as receive rigorous training in core statistical application and theory. This will set you up as a professional statistician whose services will be highly sought-after. With an ANU Master of Statistics you will excel in your career literally anywhere is the world. 

Single degree

The Master of Statistics requires the completion of 96 units, which must consist of:

48 units from completion of the following initial component:

36 units from completion of courses from the following list:

STAT6038 Regression Modelling

STAT6039 Principles of Mathematical Statistics

STAT6046 Financial Mathematics

STAT7018 Stochastic Modelling

STAT7029 Design of Experiments and Surveys

STAT7030 Generalised Linear Models

STAT8002 Applied Time Series Analysis

STAT8003 Biostatistics

STAT8027 Statistical Inference

EMET8005 Economic Models and Introductory Economics

 

12 units from completion of the following compulsory research courses:

STAT7001 Applied Statistics

STAT7026 Graphical Data Analysis

 

48 units from completion of the following concluding component:

 

A minimum of 24 units from completion of courses from the following list:

STAT6043 Life Contingencies

STAT6045 Actuarial Techniques

STAT7042 Survival Models

STAT8035 Risk Theory

STAT8036 Credibility Theory

STAT8053 Applied Research Essay

STAT8056 Advanced Mathematical Statistics

EMET8002 Case Studies in Applied Econometrics

EMET8008 Econometric Theory

EMET8012 Business and Economic Forecasting

 

A maximum of 24 units from completion of 6000-level, 7000-level and 8000-level courses from the following subject areas:

ACST Actuarial Studies

BUSN Business

ECON Economics

EMET Econometrics

FINM Financial Management

MATH Mathematics

STAT Statistics

 


About this degree

Students must achieve a minimum 60% weighted average mark in the initial component to continue to the concluding component.

Students who do not achieve a minimum of 60% weighted average mark in the initial component will be transferred to the Graduate Diploma of Finance Actuarial Studies and Applied Statistics.


Enrolment Status

It is possible to enrol in fewer courses per semester but it will take you longer to finish your program and get your degree. If you are an international student you must always be enrolled full-time in 24 units each semester.

Remember you will need to enrol in courses for both First Semester and Second Semester. You will be able to change your enrolment in courses up until the end of week 2 of each semester without penalty.

Study Option Commencing in Semester 1
Study Option Commencing in Semester 2



Study Options

Master of Statistics

A two year degree. You can also choose to study an elective course in Semester 2 from the following: FINM (FINM7007, FINM7008, FINM7041), EMET, ECON, MATH

Study Options

Year 1 48 units STAT6039 Principles of Mathematical Statistics 6 units STAT6046 Financial Mathematics 6 units STAT7001 Applied Statistics 6 units STAT7026 Graphical Data Analysis 6 units
STAT6038 Regression Modelling 6 units STAT7029 Design of Experiments and Surveys 6 units STAT8027 Statistical Inference 6 units STAT8002 Applied Time Series Analysis 6 units

Academic Advice

Before applying for any credit or exemption towards the program, students (except the ANU students) should include an assessment of their qualification completed by Institute of Actuaries, Australia (IAA). Please read the relevant information on credit application before you apply (Credit Application Form).

 Students are required to discuss their course selection with the Program Convener, Dr Gen Nowak (gen.nowak@anu.edu.au). Please ensure you take a copy of your academic transcript with you when you meet with Dr Gen Nowak. He will be available during the O week in his office: Room 3.66, CBE Bld (26C)

 If you are required to have a permission number to enrol the course, or any course that is approved by Dr Gen Nowak, please complete Enrolment Request Form  and submit it to the CBE front office, or email to info.cbe@anu.edu.au.


Do you want to talk to someone before enrolling?

Contact info.cbe@anu.edu.au

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