Why statistics and why Imperial?
Why study statistics?
"The really sexy job in the 2010s is to be a statistician."
Hal Varian - Chief Economist, Google
"Every aspect of modern life is touched by statistics."
Statistical methods are becoming more and more prevalent in business, industry, technology, government, and academia (for the 2013 International Year of Statistics a video about the use of statistics was created). As such there is a wide choice of career opportunities for well qualified statisticians. UK employers face difficulties in finding such individuals. Illustrations of career opportunities are medical research and drug development (the pharmaceutical sector is mandated by law to carry out statistical experiments and employs thousands of statisticians), banking (statistical models play a central role in both personal and investment banking), government (the Government Statistical Service employs some 1200 professional statisticians), and cutting edge web employers (squeezing information from masses of internet data requires sophisticated statistical methodology). Moreover, the demand for statistical expertise is growing as automatic electronic data acquisition means that more and more massive databases are being compiled and that industry, business, and government are ever more reliant on automated statistical routines for trolling enormous data archives.
The discipline of statistics itself continues to grow, as new methods and tools are developed, and in many areas a Master’s degree is the qualification of choice, providing a broad and deep foundation in the subject.
Overall, the discipline of statistics offers the opportunities for highly remunerated, intellectually challenging, and socially beneficial employment in an exceptionally wide range of areas.
Why this course?
The MSc distinguishes itself from other programmes at leading UK Universities through the breadth and the depth of the optional courses available (a list of available optional courses can be found under 'Term two' on ).
Almost all courses are specifically designed for the MSc in Statistics (all courses with an M5MS** coding fall in this category). The number of students on these courses is kept small, to ensure an excellent learning environment.
The entire Statistics Section is involved in running the MSc. This allows a very wide choice of summer research projects.
The Statistics Section has strong links to the financial and industrial sectors. This will be a particular benefit in relation to the major project, which can be conducted in conjunction with an external partner.
You will be part of a very stimulating environment
About Imperial: Consistently rated amongst the world's best universities, Imperial College London is a science-based institution with a reputation for excellence in teaching and research. In the 2014 REF assessment it was concluded that Imperial is home to the greatest concentration of high-impact research of any major UK university. Imperial came 9th in the QS and 8th in the Times Higher Education World University Rankings 2016/17.
About the Statistics Section: The Statistics Section has an international reputation for conducting methodological and applied statistical research at the highest level. Particular areas of current activity include statistical genetics and biostatistics, astrostatistics, statistical methods in retail financial services, time series, core statistical methodology, classification and data mining, with many interactions and overlaps between these areas of research. The Section is one of the leading statistics groups in UK. In the 2008 RAE, Imperial was ranked third nationally. In the 2014 REF assessment Imperial was ranked 3rd nationally for mathematical sciences. Imperial is ranked 11th worldwide for statistics in the QS World University Rankings 2017 QS World University Rankings 2017.
In November 2013 the MSc in Statistics was accredited by the Royal Statistical Society, implying that graduates are granted the Society's professional status of Graduate Statistician on application.