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Statistics

Explore the career you could build with this skill.

What Is Statistics?

Today’s digital landscape has turned data into a catalyst for success, no matter the industry. But data only becomes valuable when interpreted correctly. Statistics provides the tools to analyze information, identify patterns and transform data into meaningful insights that support informed decision-making.

Studying statistics develops skills in data analysis, critical thinking and problem-solving that apply across many industries. These skills help professionals evaluate evidence, measure outcomes and make data-informed decisions in fields such as business, healthcare, education, government and research.

A picture of a female data analyst.
Image of female giving business presentation

Organizations use statistics alongside data analytics, artificial intelligence and predictive modeling to solve complex problems and guide strategic decisions. As access to data continues to grow, professionals who can interpret results and communicate findings remain in high demand.

Statistics also plays a growing role in evaluating organizational performance, improving processes and supporting evidence-based decision-making. Professionals across industries use statistical methods to identify opportunities, reduce uncertainty and measure success.

Statistics Courses

American College of Education (ACE) offers standalone courses that can help you develop your skills in this area.

Statistics Careers

Learn more about the career paths you can pursue with this skill on your resume.

Business Analyst

The rapid evolution of technology advancements, artificial intelligence and digital marketing has shed light on data and its impactful applications to successful business processes and operations. Such improvements include reducing costs, improving products and services, assessing customer behavior and more.

Expected Growth: 11%
Estimated Annual Wage: $101,190

Market Research Analyst 

Discover the key responsibilities of a market research analyst and how their work shapes organizational strategies effectively.

Expected Growth: 7%
Estimated Annual Wage: $76,950

Actuary

Discover the role of an actuary in assessing risk and shaping financial strategies across the insurance industry and beyond.

Expected Growth: 22%
Estimated Annual Wage: $125,770

Economist

Learn about the vital contributions of economists in understanding global economic forces and resource management.

Expected Growth: 900 positions
Estimated Annual Wage: $115,440

Auditor

Explore the vital role of an auditor in ensuring financial transparency and ethical practices across organizations.

Expected Growth: 124,200 positions
Estimated Annual Wage: $81,680

Financial Advisor

Learn about becoming a Financial Advisor and the key areas they cover in budgeting, retirement, and wealth management strategies.

Expected Growth: 24,103 positions
Estimated Annual Wage: $102,140

Underwriter

Obtaining insurance and making financial investments comes with some level of risk. Underwriters are business professionals who evaluate the risks you’re looking to take to either approve, deny or modify your request. 

Expected Growth: 8,200 positions
Estimated Annual Wage: $79,880

Healthcare Manager

Healthcare managers are trained professionals responsible for overseeing the business operations of healthcare facilities. One of their biggest priorities is ensuring the smooth and efficient delivery of healthcare services by managing budgets, coordinating staff, streamlining processes and ensuring regulatory compliance.  

Expected Growth: 29%
Estimated Annual Wage: $117,960

Course Stackability

Graphic depicting the stack-ability of courses at the American College of Education

We want our students to get the most out of their hard work. That’s why we design our courses and programs with stackability in mind. Some courses can be applied toward a micro-credential or certificate, which can in turn be applied toward a master’s degree, subject to program requirements. That master’s degree coursework could then be applied toward a doctorate. Even by taking a single course at ACE, you're taking a smart step toward a larger educational future. 

The courses you take in this skill area can earn you academic credit that you can apply to these ACE degrees. 

Course Admissions

For students taking single courses without enrolling in a program, admission requirements will depend on the level of the course. Students must meet ACE’s general admission requirements and be admitted to the college before signing up for a stand-alone class.

Bachelor’s Level

  • At least 30 semester credits 
  • Minimum GPA of 1.75 

Master’s Level

  • A bachelor’s or highest post-baccalaureate degree
  • Minimum GPA of 2.5*

Doctoral Level

  • A master’s or doctoral degree
  • Minimum GPA of 3.0

*Applicants whose overall GPA is between 2.0-2.49 may be considered for admission if their degree was conferred more than 10 years from the start date at ACE or the applicant has five or more years of experience in the field appropriate for intended courses.

Statistics FAQs

What topics are covered in an online statistics course?

An online statistics course introduces concepts that help you collect, organize, analyze and interpret data. Depending on the course, you may explore descriptive and inferential statistics, probability, data visualization, hypothesis testing, and statistical methods used to support research and decision-making.

Can beginners take statistics courses?

Yes. Many statistics courses welcome beginners and build foundational knowledge before introducing more advanced concepts. The course requirements and level of difficulty vary, so it's helpful to review the course description to determine whether it matches your experience and learning goals.

What statistics skills are most valuable?

Statistics skills include collecting and analyzing data, interpreting results, identifying trends, and communicating findings clearly. You may also develop critical thinking, problem-solving and data visualization skills that help you make informed decisions in academic and professional settings.

Who should take an online course in statistics?

An online course in statistics benefits students and professionals who want to strengthen their analytical and decision-making skills. These courses are valuable for individuals working in education, healthcare, business, government, research and other fields that rely on data to solve problems and evaluate outcomes.

How can statistics skills support career growth?

Statistics skills help you interpret data, evaluate evidence and make informed decisions with greater confidence. Employers across many industries value professionals who can analyze information, measure performance and communicate data-driven insights that support organizational goals.

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