a master's degree in statistics is more popular than many other degrees. In fact, it ranks #48 out of 343 on popularity of all such degrees in the nation. So, you have a fair amount of options to choose from when looking for a school.
For its 2025 ranking, College Factual looked at 2 schools in Illinois to determine which ones were the best for statistics students pursuing a master's degree. When you put them all together, these colleges and universities awarded 399 master's degrees in statistics during the 2021-2022 academic year.
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Average early-career salary of those graduating with their master's degree is one indicator we use in our analysis to find the schools that offer the highest-quality education. After all, your master's degree won't mean much if it doesn't help you find a job that will help you earn a living.
Other Factors We Consider
In addition to the above, you should consider some of the following factors:
Major Focus - How many resources a school devotes to statistics students as compared to other majors.
Major Demand - How many other statistics students want to attend this school to pursue a master's degree.
Educational Resources - The amount of money and other resources allocated to students while they are pursuing their degree. These resources include such things as number of students per instructor and education expenditures per student.
Student Debt - How easy is it for statistics to pay back their student loans after receiving their master's degree.
Accreditation - Whether a school is regionally accredited and/or accredited by a recognized statistics related body.
Our full ranking methodology documents in more detail how we consider these factors to identify the best schools for statistics students working on their master's degree.
When choosing the right school for you, it's important to arm yourself with all the facts you can. To that end, we've created a number of major-specific rankings, including this Best Statistics Master's Degree Schools in Illinois list to help you make the college decision.
Best Schools for Master’s Students to Study Statistics in Illinois
The following list ranks the best colleges and universities for pursuing a master's degree in statistics.
It is difficult to beat University of Chicago if you wish to pursue a master's degree in statistics. Located in the city of Chicago, UChicago is a private not-for-profit university with a large student population.
Master's recipients from the statistics degree program at University of Chicago get $23,400 above the standard college grad with the same degree when they enter the workforce.
The bars on the spread charts above show the distribution of the schools on this list +/- one standard deviation from the mean.
The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of the rest of our data about colleges.
Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
