Statistics and Data Science, Minor

The aim of statistical modeling is to empower effective decision making, and the field's unique contribution is its ability to incorporate multiple levels of uncertainty in the framing of wise decisions. Over the last few years, the development of new computational tools and the unprecedented evolution of “big data” have propelled statistical modeling to new levels. Today, statistical modeling and machine learning have reached a level of impact that no large organization can afford to ignore. The information landscape is changing as it has never changed before.

Statistics and Data Science, Minor

This minor is for students outside of Wharton. Single-degree and dual-degree students with Wharton may pursue a statistics concentration instead.

Three Required Courses
MATH 1410Calculus, Part II1
or MATH 1080 Mathematics of change, Part II
or MATH 1610 Honors Calculus
STAT 1020Introductory Business Statistics1
or STAT 1028 Introductory Business Statistics
or STAT 1120 Introductory Statistics
or STAT 4310 Statistical Inference
or ESE 4020 Statistics for Data Science
or ECON 2310 Econometric Methods and Models
STAT 4300Probability1
or ESE 3010 Engineering Probability
Additionally select 4 CU's from the following electives:4
Statistical Computing with R
Data Collection and Acquisition: Strategies and Platforms
Predictive Analytics for Business
Applied Machine Learning in Business
Text Analytics
Mathematical Statistics
Stochastic Processes
Forecasting Methods for Management
Introduction to Bayesian Data Analysis
Data Analytics and Statistical Computing
Modern Data Mining
Data Science Using ChatGPT
Sample Survey Design
Applied Probability Models in Marketing
Introduction to Python for Data Science
Advanced Statistical Computing
Convex Optimization for Statistics and Data Science
Numerical Optimization for Data Science and Machine Learning
Applied Econometrics I
Applied Econometrics II
Total Course Units7

The degree and major requirements displayed are intended as a guide for students entering in the Fall of 2025 and later. Students should consult with their academic program regarding final certifications and requirements for graduation.