Master of Science Program in Applied Statistics

Master of Science Program in Applied Statistics

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Program Overview

Master of Science Program in Applied Statistics. The program concentrates on both theories and applications. Students may choose to major in statistics, actuarial science, risk management, business analytics and/or data science so they may apply the knowledge in their professions accordingly. This design is for the students to apply the knowledge to develop their professions, data-driven organizations and lifelong learning. The aim is to be adaptable to technological and environmental changes in the future.

Students may choose to study based on their needs and interests from three majors as follows:

  1. Statistics (STAT) focusing on becoming highly experienced in different types of statistics for data collection and data analysis.
  2. Actuarial Science and Risk Management (ACT) focusing on being highly experienced in analyzing data based on actuarial models for risk management and insurance.
  3. Citizen Data Sciences focusing on being highly experienced in statistics, and machine learning to apply in business analytics when making decisions.

Potential careers


Graduates can work as a teacher, lecturer, academic, researcher, data analyst, data scientist, actuary, business analytics consultant and so on.

Program Structure

Plan A 2: ThesisPlan B: Non-thesis
Foundation coursesNon-creditNon-credit
Core courses6 credits6 หน่วยกิต
Major courses24 credits24 credits
Elective courses (Minimum)9 credits
Independent study3 credits
Comprehensive examExamExam
Oral examExam
Thesis12 credits
(Passed thesis)
Not less than42 credits42 credits

Course Details

Foundation courses

These are compulsory non-credit courses. Their grades are not calculated for grade average point purposes. The courses are divided into two groups as follows

Group 1 For students of all majors (regular programs)

ND 4000 Foundation for Graduate Studies

LC 4001 Reading Skills Development in English for Graduate Studies

LC 4002 Integrated English Language Skills Development

LC 4011* Remedial Reading Skills Development in English for Graduate Studies

LC 4012* Remedial Integrated English Language Skills Development

*In case of repeating courses

Group 2 For students of all majors (special programs: Saturday and Sunday classes)

AS 4001 Mathematics for Applied Statistics

AS 4002 English for Applied Statistics

          Note

  1. Requirements and exemptions of foundation courses shall be as prescribed in a School/Institute’s announcement except those of English foundation courses offered by the Graduate School of Language and Communication, which shall be in accordance with the conditions of the English for Graduate Studies course.
  2. In case revision for the English for Graduate Studies course is required, English foundation courses of this program shall change according to the revised English for Graduate Studies course.
  3. AS 4002 English for Applied Statistics is a course offered to special program students subject to an announcement of the school.
Core courses

These are for students of all majors to enroll in 2 courses (6 credits). The courses are as follows
AS 6001 Research Design and Inquiry Methods
AS 6002 Applied Predictive Analytics

Major courses

These are for students to have specific expertise. Students in the Plan A2 and Plan B are to enroll in 8 courses (24 credits) as per their major requirements below

(3.1) Statistics Major

AS 7101 Theory of Probability and Applications

AS 7102 Statistical Inference

AS 7103 Statistical Graphics and Data Visualization

AS 7104 Sampling and Survey Data Analysis

AS 7105 Quantitative Forecasting

AS 7106 Applied Multivariate Data Analysis

AS 7107 Applied Categorical Data Analysis

AS 7108 Applied Longitudinal Data Analysis

(3.2) Actuarial Science and Risk Management Majo

AS 7101 Theory of Probability and Applications

AS 7102 Statistical Inference                                                             

AS 7201 Enterprise Risk Management

AS 7202 Statistics for Risk Modeling

AS 7203 Financial Mathematics

AS 7204 Actuarial Mathematics

AS 7205 Credibility Theory and Loss Distributions

AS 7206 Credibility Theory and Loss Distributions

(3.3) Citizen Data Sciences Major

AS 7301 Strategic Intelligence

AS 7302 Applied Statistical Analysis

AS 7303 Accounting and Finance Data Sciences

AS 7304 Marketing Data Sciences

AS 7305 Operations Data Sciences

AS 7306 Operations Data Sciences

AS 7307 Risk Data Sciences

AS 7103 Statistical Graphics and Data Visualization

Elective courses

                 These are divided into the courses coded AS 74XX comprising 2 groups and the course coded AS 80XX, which focuses on applied statistics. Plan B students are required to enroll in at least 8 credits.
          Statistics and Data Analysis for Management
AS 7401 Quantitative Techniques for Decision Making
AS 7402 Data Wrangling and Cleansing
AS 7403 Applied Missing Data Analysis
AS 7404 Structural Equation Modeling
AS 7405 Multilevel Modeling
          Statistics and Data Analysis for Management
AS 7406 Principles of Insurance
AS 7407 Long-Term Actuarial Mathematics
AS 7408 Survival Analysis
AS 7409 Accounting and Corporate Finance
AS 7410 Business Economics
AS 7411 Investment Analysis and Portfolio Management
AS 7412 Project Evaluation
                 Actuarial Science and Risk Management
AS 8001-8010 Selected Topics in Applied Statistics
Students may choose other elective courses, which are other core or elective courses at the graduate level offered by other programs of the School or other Schools. This is subject to advice of a supervisor and the availability of elective courses shall be according to the requirements of the School/Institute.

(5) Independent Study

AS 9000 Independent Study

Thesis

AS 9004 Thesis

Overall Expenses

Program Detail

Expected Learning Outcomes (ELO)Generic skillsSpecific skills
ELO1Have morality in academics and science/
ELO2Have knowledge and understanding of important principles and theories in the content of the field of applied statistics. Including the application of applied statistical knowledge. Let it be used for maximum benefit./
ELO3Able to apply knowledge of applied statistics, research, and information technology to be consistent with work processes. Solving problems in work Adjusting work processes In order to have the best performance results, you can research and learn by yourself./
ELO4Able to apply knowledge and understanding of related sciences to analyze and solve problems, think critically and systematically./
ELO5Be responsible for your own actions and take responsibility for your work in the group./
ELO6Have skills in using necessary tools/

Contact us

GRADUATE SCHOOL OF APPLIED STATISTICS (GSAS)
National Institute of Development Administration (NIDA) Navamindradhiraj Building, 12th floor 148 Serithai Road, Klong-Chan, Bangkapi, Bangkok THAILAND 10240

Tel : 02-727-3035-40

Fax : 02-374-4061

Facebook : GSASNIDA

Line : @GSAS NIDA

Line : GSASNIDAOfficial