Statistics is concerned with developing and studying methods for collecting, analyzing, interpreting and presenting empirical data. A Master's program in Statistics will allow students to gain expertise in statistics methodology, machine learning, biostatistics, and probability, as well as in research areas, such as genetics, econometrics, environmental statistics, computational neuroscience, computational chemistry, pattern recognition and more. The aim is for students to gain a broader understanding of probability and statistical methods and their practical use. Graduates of a Statistics Master’s degree have excellent career prospects and are in high demand. They can take up positions in consulting firms, banks and in the public sector or go on to take higher degrees.