Bachelor of Science (Honours) - Statistics (ES)
About Bachelor of Science (Honours) - Statistics (ES)
Program Description
Statistics is the art and science of making conclusions from data; it is particularly useful when deciding how to manage complicated systems, and essential to decide questions like:
- Is this medical treatment worth doing?
- Did this marketing campaign work?
- Is my investment advisor adding value?
Western University's statistics programs instruct students in these techniques, increasingly important in this complicated, but data-rich, modern world.
Courses in statistics give students the tools to collect, analyze and interpret data using probability and other mathematical tools while also enabling students to develop mathematical and stochastic models for phenomena occurring in business, engineering, medicine and government using modern computer-based statistical methods.
Acquiring expertise in statistical methods positions our students to pursue careers in engineering, politics, financial management, insurance, marketing, medicine and social science. Future actuaries will apply their knowledge of mathematics, probability, and statistics to financial problems in the insurance, pensions, and employee benefits fields. Financial modelling graduates are primed to succeed in the pricing and hedging of portfolios of stocks, bonds, and their derivative securities as well as in the analysis and quantification of financial risk in large financial institutions.
NOTE: Please note the English scores listed are minimum requirements. Meeting the minimums does not guarantee admission. Students with low English scores may be admitted to the English BOOST Program, a 9 week training program for conditional admission to their chosen program.
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