About Statistics, MBA in University of Pennsylvania (UPENN)
The Statistics major develops the skills and insights required to draw inferences and conclusions from many types of data. A key challenge facing managers is the interpretation of the vast amount of data generated in the world of business today. Modern computing systems now produce large volumes of information whereas previously one could often only rely upon intuition and guesses. Yet this information does not directly answer important business questions. What combination of features is most desirable for consumers? What will sales be next month? How did we do last month? Data analysis and statistics offer a systematic approach that can help provide answers to these questions.
Courses offered by the Statistics Department develop the skills and insights required to make effective use of statistical methods. The courses provide the knowledge needed to select and apply techniques and to communicate statistical results. Interpretation in realistic applications offers guiding examples, and theory is used to motivate and compare alternative schemes.
Regardless of topic, all of these courses provide useful skills that augment the substantive managerial abilities of students. Courses also provide exposure to computer software that implements key techniques.
Academic qualification equivalents
- Applicants must have a bachelor’s degree
English language requirements
- IELTS :6.5
- TOEFL IBT: 100
University of Pennsylvania Highlights
| College Type |
Private College |
| Campus Setting |
Urban |
| Annual Endowment |
14.9 billion USD |
| Student Retention Rate |
98% |
| Work-study Program |
Available |
| Mode of Program |
Full-time, part-time and online |
| English Language Proficiency Test |
IELTS or TOEFL |
| Financial Aid |
Available in different forms |
| Admission Helpdesk |
(215) 898-5000 |
University of Pennsylvania Cost of Attendance
The following is a breakdown of the anticipated cost of studying in the United States for international students at the University of Pennsylvania:
| Course Type |
Expenses for On-Campus Undergraduate (in USD) |
Expenses for Graduate ( in USD) |
| Tuition |
54,652 |
43,860 |
| Fees |
7,058 |
19,208 |
| Housing |
11,358 |
12,840 |
| Dining |
5,946 |
6,492 |
| Books and Supplies |
1,358 |
1,800 |
| Transportation |
922 |
1,308 |
| Personal Expenses |
2,004 |
2,676 |
| Total |
83,298 |
88,184 |
University of Pennsylvania Scholarships/ Financial Aid
Since 2004, UPenn has provided 2 billion dollars in undergraduate scholarships to more than 22,000 students.
The following is a list of the scholarships available to study at the University of Pennsylvania:
| Scholarship Program |
Eligibility |
Benefits |
| Dean’s Scholarship |
The applicant should be incoming masters student, the applicant should not be a working professional, the candidate should not pursue a doctoral program |
10,000 USD |
| The Foreign Fulbright Student Program |
All masters students receiving Fulbright Fellowship offers can apply for the program |
15,000 USD |
| International Student Financial Aid |
The student needs to apply for the scholarship while taking admission, international students cannot apply after admission |
100% need will be fulfilled through grants and work-study programs |
