Masters in Statistics in Canada: Top Universities, Admission Process, Cost of Study, Scholarships and Jobs

Masters in Statistics in Canada: Top Universities, Admission Process, Cost of Study, Scholarships and Jobs

Masters in Statistics in Canada is a practical course lasting for one to two years. Majority of universities in Canada offer Masters in Statistics with Master of Science degree or as a specialisation. International students applying for Masters in Statistics in Canada must hold a 4-year bachelor’s degree with a 3.0 GPA (84-86%) to be eligible for admission. The average cost of pursuing an MS in Statistics in Canada is around 2,025- 11,360 CAD (~INR 1.22 lakhs - 6.8 lakhs). 

Canadian universities usually offer funds for graduate programs, which attracts international students to study in Canada. The average annual salary of a graduate of Master of Statistics in Canada is 78,000 CAD (~INR 47.1 lakhs).
Explore:
Top Statistics Universities/Colleges in Canada

Highlights

Courses Available  MSc in Statistics 
Course Type  Full-time 
Program Duration 1-2 years 
Eligibility Criteria  3.0 out of 4.0 GPA (83-86%) | Statement of Purpose | 2 LORs | CV
English Proficiency Requirements  IELTS 6.5 (6.0 in every band) or equivalent 
Entrance Exams  GRE Score required 
Tuition Fees Range  2,025- 11,360 CAD (~INR 1.22 lakhs - 6.8 lakhs)
Average Salary  78,000 CAD (~INR 47.1 lakhs)

Top Universities for Masters in Statistics in Canada 

There are 22 universities offering Masters in Statistics in Canada. A few of the top-ranked universities of Canada and their respective programs along with application deadlines and annual fees are as follows:

University Name  Program Application Deadlines  Tuition Fees (in CAD)
University of Toronto MS in Statistical Sciences  January 22, 2023 27,520
University of British Columbia MS in Statistics January 13, 2023 9,500
McMaster University  MS in Statistics  February 1, 2023  11,360
Simon Fraser University MS in Statistics  January 15, 2023 2,025
Western University MS in Statistical and Actuarial Sciences  February 15, 2023  7,780
University of Regina MS in Mathematics and Statistics January 31, 2023  5,600
Dalhousie University MS in Statistics  January 15, 2023 11,000
University of Manitoba MS in Statistics February 1, 2023 6,320

Why Study Masters in Statistics in Canada?

Some of the benefits of choosing Canada as a study abroad destinations for pursuing Masters in Statistics are as follows: 

  • A Masters in Statistics in Canada is the best option considering it has the world’s best universities offering the course. Some of these include the University of British Columbia, the University of Toronto, and McMaster University. 
  • The fees are quite reasonably priced ranging from 2,025-11,360 CAD (~INR 1.22 lakhs- 6.8 lakhs). However, the return on investment is eightfold, turning about 78,000 CAD (~INR 47.1 lakhs).
  • Almost every university in Canada comes forward to financially assist students with their graduate scholarships. 

Masters in Statistics in Canada: Admissions 

International students applying for the top universities in Canada must have the following requirements:

  • Official transcripts of all post-secondary education
  • 4-year relevant bachelor’s degree
  • English Proficiency scores (IELTS score of 6.5 or equivalent)
  • GRE Test Scores 
  • CV/ Resume
  • Statement of Purpose
  • 2-3 Letter of Recommendation (2 must be academic)

Masters/MS in Statistics in Canada: Eligibility Requirements

The table shows university-specific requirements international students applying to MS in Statistics in Canada:

University Name  Grades/GPA GRE Requirements IELTS Score Additional Documents
University of Toronto mid B (73 – 76 % or 3.0/4.0) Not Required  7.0 (6.5 in every component) CV (two pages, single-spaced) | Statement of Intent | 3 LORs 
 
University of British Columbia 65% (First Class/ Division) Not Required  6.5 (6.0 in every band) Not Required 
McMaster University  85% (First Class degree) Not Required 6.5 (5.5 in every band) 2 LORs | Statement of Purpose
Simon Fraser University 3.0/4.33 Not Required  7.0 (6.5 in every component) LOR 
Western University "B" average (70%+) Not Required 6.5  Statement of Academic Intent 
University of Regina 65% (First Class/ Division) Not Required  6.5 (6.0 in every component) Resume | Letter of Intent | 2 LORs
Dalhousie University 3.0 out of 4.0 (B average) 300 or above 7.0 Not Required 
University of Manitoba 3.0 out of 4.0 Not required 6.5 Statement of Intent | 2 LORs

Masters in Statistics in Canada: Cost of Study 

The cost of studying MS in Statistics in Canada across the top universities is mentioned in the below including tuition fee and Cost of Living:

Tuition Fees

University Name  Annual Fees (in CAD) Average Fees (in INR)
University of Toronto 27,520 16.71 lakhs 
University of British Columbia 9,500 5.7 lakhs
McMaster University  11,360 6.8 lakhs 
Dalhousie University 11,000 6.6 lakhs
Western University 7,780 4.73 lakhs
University of Manitoba 6,320 3.8 lakhs
University of Regina 5,600 3.3 lakhs
Simon Fraser University 2,025 1.22 lakhs 

Cost of Living in Canada 

The cost of living in Canada may differ as per the university, its location, accommodations and other expenses incurred by international students. Below mentioned in the table are the estimated living expense in Canada:

Regular Expenses  Annual Expenses (in CAD) Annual Expenses (in INR)
GSS/AMS Extended Health insurance  280 17,057
Health-Care Coverage Fee 900 54,827
Textbooks 550 33,505
Rent (Housing/ Accommodation) 11,100 6.76 lakhs 
Mobile phone (basic package) 300 18,275
Mobile phone (full package) 720 43,861
UPass Public Transit Pass) 530 32,287
Groceries/ Food  5,400 3.28 lakhs 

Masters in Statistics in Canada: Scholarships 

The living cost in Canada is quite expensive, however, some universities offer financial assistance to help students cover their educational expenses. Some of the popular scholarships for international students in Canada are mentioned in table below:

Scholarship Offered by Deadline Annual Value (in CAD)
International Tuition Award  University of British Columbia  Automatically considered 3,200 
Ontario Graduate Scholarship McMaster University Automatically considered 32,000
Major Graduate Entrance Scholarships Simon Fraser University January 15, 2023 Varies
Western Graduate Funding Western University Automatically considered Full/ Partial financial support
Nova Scotia Graduate Scholarship- Master’s  Dalhousie University January 16, 2023 10,000

Masters in Statistics in Canada: Job and Salaries

Students who graduate from Master in Statistics in Canada earn an average salary of 78,000 CAD (~INR 47.2 lakhs). 65.9% of graduates start their early career after pursuing a Master's in Statistics from Canada. Following are a few roles that the master in statistics graduates could take:

Roles Average Salary (in CAD) Average Salary (in INR)
Senior Data Scientist  114,800 69.6 lakhs 
Machine Learning Engineer  89,500 54.2 lakhs 
Quantitative Analyst  87,500 53 lakhs 
Data Scientist 79,800 48.3 lakhs 
Senior Technical Consultant  79,300 48 lakhs 
Manufacturing Engineer 78,800 47.7 lakhs 
SAS Programmer  73,300 44.4 lakhs 
Biostatistician 68,470  41.5 lakhs 
Statistician 63,700 38.6 lakhs
Senior Data Analyst 63,000 38.2 lakhs 
Data Analyst 62,000 37.6 lakhs 
Safety Coordinator 56,100 34 lakhs 
Research Analyst  54,250 32.9 lakhs 
Market Research Analyst 42,800 25.9 lakhs 

Explore: High Paying Jobs in Canada- Job Roles with Average Salaries & Top Recruiters 

Specializations 

Listed here are some specializations which the students have to select while studying MS Statistics:

  • Medical Statistics (biostatistics)
  • Applied Statistics
  • Statistical Theory
  • Applied Probability
  • Actuarial Science 
  • Financial Modelling 

Syllabus 

Below are some subjects which are studied while pursuing MS Statistics:

  • Bayesian Analysis and Computing
  • Statistical Learning
  • Design of Experiments
  • Advanced Theory of Probability
  • Advanced Statistical Inference
  • Analysis of Discrete Data
  • Time Series
  • Bayesian Inference

Masters in Statistics in Canada: Return on Investment 

The top universities in Canada have a high return on investment after pursuing MS in Statistics which is listed here:

University Name  Tuition Fees (in CAD) Average Salary (in CAD)
University of Toronto 27,520 69,000
University of British Columbia 9,500 65,000
McMaster University  11,360 61,000
Simon Fraser University 2,025 61,000
University of Regina 5,600 65,000
Dalhousie University 11,000 61,000
University of Manitoba 6,320 62,000

Masters in Statistics in Canada: Universities Comparison 

A brief comparison between some of the top-ranked universities offering MS in Statistics in Canada is tabulated below:

Particulars  University of Toronto University of British Columbia McMaster University 
QS Rankings #34 #47 #152
Tuition Fee (CAD) 27,520 9,500 11,360
GPA mid B (73 – 76 % or 3.0/4.0) 65% (First Class/ Division) 85% (First Class degree)
GRE Scores Not required Not required Not required
IELTS Scores 7.0 (6.5 in every component) 6.5 (6.0 in every band) 6.5 (5.5 in every band)
LOR (s) 3 LOR Not required 2 LOR 
SOP/ Essay Not Required Not required Not Required
CV Required Not Required Not Required
Average Graduate Salary  69,000 CAD (42.01 lakhs INR) 65,000 CAD (39.58 lakhs INR) 61,000 CAD (37.14 lakhs INR)

MS in Statistics from Canada is a feasible option for International students considering it has less tuition fees than other programs. Also, financial assistance is almost available to every student, making it more worthwhile. 

FAQs

Ques. Which universities offer Masters in Statistics in Canada?

Ans. The top universities which offer MS Statistics in Canada are the University of Toronto (QS rank #34); the University of British Columbia (#47); McMaster University (#152); Western University (#170).

Ques. How do I apply for a Masters in Statistics in Canada?

Ans. Students can apply for MS Statistics in countries like Canada by filling out the graduate application form and paying the fees. The required documents include official transcripts; IELTS 6.5 or equivalent; Statement of Purpose; Letters of reference; and CV/ Resume.

Ques. How much does it cost to study Masters in Statistics in Canada?

Ans. Students applying for MS in Statistics in Canada have to pay tuition fees in the range of 1,950- 11,360 (~INR 1.1- 6.8 lakhs).

Ques. What are the courses in a Masters in Statistics in Canada?

Ans. Master’s degree in statistics offers a variety of courses like Bayesian Analysis and Computing; Statistical Learning; Design of Experiments; Advanced Theory of Probability; Advanced Statistical Inference; Analysis of Discrete Data; Time Series; and Bayesian Inference.

Ques.Is it worth doing Masters in Statistics in Canada?

Ans. MS Statistics is one of the best degrees to be pursued in Canada. The program fees range around 1,950- 11,360 (~INR 1.1- 6.8 lakhs) and have a return on investment of 78,000 CAD (~INR 47.1 lakhs). It’s worth seven times the fees, making it one of the best master's degrees.

Ques.How many universities in Canada offer a Masters in Statistics?

Ans. Master in Statistics is offered in Canada through 8 universities. Some of them are even ranked around the 100 top universities worldwide. These include the University of British Columbia, the University of Toronto and McMaster University among others.

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