Loyola University Chicago

Master of Science Program in Applied Statistics and Predictive Modelling

 

Useful websites to get info:

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Read about our MS program

Loyola homepage

Graduate School webpage

How to Apply

Funding Info from the Graduate School

Graduate School - Important Policies (including info for International Students)

 

Important Notes: Our 29-credit, three-semester Master of Science program (based on full-time study) is novel in that it requires students to have completed just one introductory statistics course plus two calculus courses (differential and integral) during undergraduate studies for entrance into our program; multivariate calculus is not required to gain admission (although some students have indeed covered the third calculus course). While some of our students come from quantitative backgrounds, others have come from fields such as English Literature, Psychology, and Public Policy, have done well in our program, and are now gainfully employed applied statisticians. Our program can also be completed on a part-time basis, as has been the case for several of our students and graduates. Indeed, although some of the classes are taught in the late afternoon and evenings, others are taught during the day, so part-time students (who are working full-time) need to have some flexibility in their work schedules, making up time outside of traditional working hours.

 

How to Apply: It is best (and free) to do so online and using the link above. Note that the general GRE exam is required. Although we have no prescribed minimum GRE score thresholds, students whose quantitative GRE percentiles are low would struggle in our program.

 

International Students: The first place to start is to get your foreign transcripts translated over to the US system using either ECE (www.ece.org) or EP (https://www.edperspective.org/); we cannot assess foreign transcripts otherwise nor can we give any indication of the likelihood of admission or any funding. Further, students who have completed undergraduate and/or graduate studies outside of the United States (or Australia, Canada, Ireland, the United Kingdom, or New Zealand) need to complete the TOEFL exam (with at least a 79 on the internet-based exam or at least a 550 on the written-based test) or IELTS (with at least a 6.5).

 

Application Deadlines for Consideration of Merit Award Funding: 15th February, and this is a firm deadline. Merit Award Funding is only provided starting in the Fall semesters.

 

Review of Calculus: Before taking STAT-404 and STAT-405, it is important that students review differential and integral calculus, and this is especially true for students who are a little rusty and took these classes some time ago. Students are suggest to obtain Schaum's Calculus Review and work through lines, circles, equations and graphs, limits, continuity, derivatives and rules, implicit differentiation, applications of derivatives, trigonometry, rates, integrals, logs and exponentials, l Hopitals rule, exponential growth/decay, applications of integration, techniques, improper integrals, double integrals, infinite series and sequences.

 

Preparing for STAT-408 (Regression) and STAT-407 (Design): Students are advised to familiarize themselves with basic matrix/linear algebra before the start of the class; these topics are covered in most course textbooks and online materials posted on the Web. No worry, you do not need to become a linear algebra wiz, just familiar with how to perform linear regression using matrices.

 

Sequencing of and Notes about Courses:

-          Graduate classes are not offered during the Summer semester, as most students serve as interns during the Summer months and faculty are travelling to conferences.

-          Fall-only courses: STAT-403 (Computing), STAT-404 (Probability), STAT-407 (Design), STAT-408 (Regression), STAT-411 (Survival), Predictive Analytics, and Statistical Consulting.

-          Spring-only courses: STAT-405 (Inference), STAT-410 (Categorical), and Nonparametric Methods.

-          As often as possible: STAT-406 (Stochastic Processes), STAT-421 (Simulation and Modelling), STAT-426 (Advanced Theory), Data Visualization & Missing Data, Sampling Methods, Longitudinal Data Analysis, Spatial Statistics Methods, Bayesian Methods, Nonlinear Regression Methods, Hierarchical Modelling, and other special topics classes.

-          Students wishing to take course(s) outside of STAT need prior approval of the Graduate Program Director.

 

Here is the typical sequence for students entering during the Fall semester:

 

 

First Fall Semester

Spring Semester

Second Fall Semester

 

STAT403

STAT405

STAT407

 

STAT404

Elective

Elective

 

STAT408

Elective

Elective

 

 

Statistical Consulting Capstone (2 credits)

Total Credits

9 credits

9 credits

11 credits

 

Scheduling Notes: It is possible to start our program in the Spring semester, and such students work with the Graduate Program Director (GPD) to work out their individual schedules. Additionally, some of our Fall-entrant students do choose to remain in our program for a fourth semester, but International Students in such situations are advised that visa requirements are such that, with the exception of the final semester, these students much take at least 9 credits to maintain their visas; students who meet these criteria must work with the GPD on their schedule.

 

Important Deadlines Regarding Graduation:

* Application deadline is 2/1 if graduating in August of the same year

* Application deadline is 8/1 if graduating in December of the same year

* Application deadline is 12/1 if graduating in May of the following year