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MS in Business Statistics - Description

Introduction

The purpose of the Master of Science in Business Statistics program is to prepare students with the necessary quantitative analysis skills for industry. The scientific methods of statistics play an increasingly important role in managerial analysis and decision-making under conditions of risk and uncertainty. They are used to describe data and make decisions and predictions in every functional area of business -- from strategic forecasting, research, and long-range planning, to auditing and control.

Admission | Curriculum | Advisor

Facility

The ISQS Department is located on the sixth floor in the Rawls College of Business Administration (RCOBA) building. This Department owns a client/server laboratory, a Knowledge-Based Systems Research Laboratory, and the Institute for Studies in Organizational Automation. Additionally, the VAX cluster in the Computer Learning Center at the RCOBA building is available for both student and faculty use. The University Library has in excess of 1.1 million volumes, extensive periodicals, and document resources. Academic Computing Services (ACS) operates the Advanced Technology Learning Center (ATLC), located in the west basement of the library. The leading-edge computing technology includes numerous microcomputer laboratories, the ACS VMS cluster, a teleconference room, Help Desk, support equipment, and short-term training courses.

Financial Aid

Masters students may apply for scholarships and assistantships. In addition students who receive a scholarship or an assistantship qualify for in-state tuition.

Transfer Work

There is no automatic transfer of credit toward a masters degree, but, in general, work completed in residence at another accredited graduate school may, on the recommendation of the department concerned, be accepted for as much as 6 semester hours toward a masters degree. Exceptions to this rule are granted in the case of the Masters of Engineering degree and in certain other instances upon agreement between the college of the department concerned and the Graduate School. Work completed at another graduate school with a grade less than B will not be accepted. Transfer credit will not alter a student's grade-point average at Texas Tech.

Grade Requirement

For the masters degree, the minimum requirement for graduation is an average of 3.0 in the major subject and an overall average of 3.0 in all courses, exclusive of the thesis, comprising the official program for the degree. Individual departments or colleges may have higher standards.

Time Limit

With few exceptions work credited toward a masters degree must be completed within six years. Students whose graduate study here is interrupted by military service will be granted an extension of time for the period of their military duty, not exceeding five years.