PhD in Mathematics and Statistics programs award graduate students the highest level of scholarship in their field. In addition they typically indicate they have made original research contributions. For students aspiring to an academic position or research-oriented role as an analyst, the Ph.D. is considered the academic requirement[i]. If you aspire to potential upward mobility in a current job, a math or statistics Ph.D. warrants consideration.
At the doctorate level, many Ph.D. in Mathematics and Statistics programs focus either on the pure or applied forms of their disciplines (e.g. applied statistics, pure statistics, applied mathematics, pure mathematics). Mathematics is a critical component of natural science, engineering, medicine, finance and social sciences[ii].
Prospective doctoral students may be required to have a bachelor’s degree, letters of recommendation, qualifying GRE scores, and any prerequisite math, statistics or computer science courses. Also, coursework in biology, chemistry or the health sciences may be useful if you plan on entering the pharmaceutical industry. [iii]The culmination of a doctorate degree is a student-submitted dissertation.
FACT: 20% of Statisticians[iv]and 33% of mathematicians[v] hold a doctorate degree
Ph.D. Math and Statistics Degrees are offered in different subjects, depending on your professional or academic interests. If you refer to the GradSchools.com directory these are simplified into:
Actuarial science became a formal mathematical discipline in the late 17th century[vi].
Ph.D. in Actuarial Science Programs might focus on
the application of mathematics and statistics to assess risk in insurance, finance and other industries. Financial Engineering is multidisciplinary in that it draws from applied mathematics (financial mathematics), computer science, statistics, and economic theory.[vii]
PhD in Mathematics Programs may focus on either pure mathematics or applied mathematics or may have components of both. Pure mathematics focuses on arithmetic, algebra, geometry and analysis.[viii] Applied mathematics is a branch of mathematics and deals with mathematical methods that are utilized in science, engineering, business, computer science, and industry. Applied mathematics refers in these cases to professional specialty.[ix]
PhD in Statistics & Data Analytics programs may focus on mathematical variances of collecting, analyzing, interpreting, presenting and organizing data; mathematical statistics is the application of mathematics to statistics (e.g. probability)[x].
Deciding on a doctorate program involves different aspects; the program itself and the learning delivery that aligns with your lifestyle. One is not necessarily better than the other; choosing between an online or on-campus program is likely part personal, and part availability of options.
Certainly, if you prefer in-person learning or live really close to your graduate school, an onsite program may be preferred. You can initiate a search on GradSchools.com to find graduate programs by city, state or country. On the other hand, if you are a busy working professional or live geographically too far from graduate school, you may decide an online math or statistics Ph.D. is the best option.
Some of the sponsored listings you can explore may include: Ph.D. in Pharmacology, Doctor of Computer Science – Big Data Analytics (Executive Format), Ph.D. in Statistics, Ph.D. in Mathematics. When you find a program that interests you, use the easy navigation to request more info or visit the school’s website.
FACT: Job titles for mathematicians include Computational Scientist, Director of Quantitative Research, Lead Simulation Modeling Engineer, and Research Scientist (O'Net)[xi]
There are two types of accreditation: program and institution. Program accrediting agencies vary depending on subject; ABET is the accrediting agency for programs in applied science, computing, engineering, and engineering technology and are recognized as an accreditor by the Council for Higher Education Accreditation.[xii] The CHEA has a database listing accredited programs and institutions.[xiii]
Whether you are seeking a new career such as teaching math at the university level, or interested in potentially taking on a more advanced or senior position in your current job setting, a PhD in Mathematics and Statistics program may be what takes you to that next step. The Bureau of Labor Statistics projects an extremely positive employment outlook for mathematical science and statistician occupations from 2014 to 2024[xiv], so now might be a really favorable time to consider a doctoral degree.
sources:[i] bls.gov/ooh/math/statisticians.htm |[ii] en.wikipedia.org/wiki/Mathematics |[iii] bls.gov/ooh/math/statisticians.htm |[iv] onetonline.org/link/summary/15-2041.00 |[v] onetonline.org/link/summary/15-2021.00 |[vi] en.wikipedia.org/wiki/Actuarial_science |[vii] en.wikipedia.org/wiki/Financial_engineering |[viii] en.wikipedia.org/wiki/Mathematics |[ix] en.wikipedia.org/wiki/Applied_mathematics[x] en.wikipedia.org/wiki/Statistics |[xi] onetonline.org/link/summary/15-2021.0[xii] abet.org/accreditation/ |[xiii] chea.org/public_info/index.asp |[xiv] bls.gov/ooh/math/statisticians.htm
Sponsored Listings
Sponsored Listings
Subscribe for information on earning a graduate degree
By entering my email address and clicking "Sign Up" I agree to be contacted by EducationDynamics for additional education products and services, this submission is not required to use our site. Privacy Policy.
Advertise | About | FAQs | Update Programs | Terms of Use | Legal Notice | Privacy Policy | Disclosure: What Determines Top/Best? | Do Not Sell My Personal Information (CA and NV residents)
© Gradschools 2020. All Rights Reserved.
The sources for school statistics and data is the U.S. Department of Education's National Center for Education Statistics and the Integrated Postsecondary Education Data System unless otherwise noted.
Disclosure: EducationDynamics receives compensation for many of the featured schools on our websites (see “Sponsored School(s)” or “Sponsored Listings” or “Sponsored Results” or “Featured Graduate School(s)”. So what does this mean for you? Compensation may impact where the Sponsored Schools appear on our websites, including whether they appear as a match through our education matching services tool, the order in which they appear in a listing, and/or their ranking. Our websites do not provide, nor are they intended to provide, a comprehensive list of all schools (a) in the United States (b) located in a specific geographic area or (c) that offer a particular program of study. By providing information or agreeing to be contacted by a Sponsored School, you are in no way obligated to apply to or enroll with the school.
This is an offer for educational opportunities that may lead to employment and not an offer for nor a guarantee of employment. Students should consult with a representative from the school they select to learn more about career opportunities in that field. Program outcomes vary according to each institution’s specific program curriculum. Specific School Disclosures. Financial aid may be available to those who qualify. The information on this page is for informational and research purposes only and is not an assurance of financial aid.