Undergraduate Statistics Minor

Students interested in the minor must have the prior approval of the Statistics Minor Advisor, Professor Abraham Wyner (448 Huntsman Hall, ajw@wharton.upenn.edu), in order to develop a curriculum for the minor that is appropriate for their interests. Wharton students are not eligible for the statistics minor.


Minors will need to fill out the Minor Declaration Form and have it signed by Professor Wyner.

Prerequisites (3 courses)

• Either MATH 114: Calculus II or MATH 115: Calculus II with Probability and Matrices
• An introductory statistics sequence. Examples include:
STAT 101 and 102 Introductory Business Statistics
STAT 111 and 112 Introductory Statistics
**STAT 430 Probability and STAT 431 Statistical Inference

Notes about Prerequisites
MATH 114 or MATH 115 can serve as a prerequisite for STAT 430.
Although this is not a recommended plan, it is acceptable to take (either MATH 114 or MATH 115) and STAT 430 simultaneously.
Students may take ESE 301 and ESE 302 as prerequisites for the Stat minor.
Students may take two semesters of economic statistics, such as ECON 103 and 104. These students do not need to take any other introductory courses, but they must take all upper-level course from within the Statistics Department.

Students who take introductory statistics courses other than those listed above may have slightly different requirements for the minor and these courses must be approved by Professor Wyner.

Required Core Course (1)
**STAT 430 Introductory Probability

Elective Courses (3 credits)
STAT 405 Statistical Computing with R (0.5 CUs)
STAT 422 Predictive Analytics (0.5 CUs)
STAT 432 Mathematical Statistics (STAT 512)
STAT 433 Stochastic Processes
STAT 435 Forecasting Methods for Management (STAT 711)
STAT 442X Introduction to Bayesian Data Analysis
STAT 470/503 Data Analytics and Statistical Computing
STAT 471 Modern Data Mining (formerly titled Intermediate Statistics)
STAT 474 Modern Regression
STAT 475 Sample Survey Design
STAT 476 Applied Probability Models in Marketing
STAT 490X/590X Causal Inference

STAT 501 Intro to Nonparametric Methods and Log-linear Models (Permission to take course will be granted to Stat Minors)
STAT 515 Advanced Statistical Inference I (Recommended for seniors; instructor permission is needed to take the course)
STAT 520 Applied Econometrics I
STAT 521 Applied Econometrics II
STAT 531 Advanced Stochastic Processes
STAT 542 Bayesian Methods and Computation

STAT 930 (formerly STAT 530) Advanced Probability Theory
STAT 931 (formerly STAT 531) Advanced Stochastic Processes
STAT 961 (formerly STAT 541) Statistical Methodology

*CIS 545 Big Data Analytics
*ECON 221 Time Series Econometrics
*ECON 222 Advanced Econometric Techniques and Applications
*ECON 224 Statistical Learning and Causal Inference for Economics
*MATH 312/412 Advanced Linear Algebra
*MATH 313/513 Computational Linear Algebra
*MATH 360 Advanced Calculus
*MATH 361 Advanced Calculus
*MATH 530 Mathematics of Finance
*MKTG 309/809 (formerly MKTG 269/699) Experiments for Business Decision Making
*OIDD 930 (formerly OPIM 930) Stochastic Models

Notes about Courses Above
Any course not listed above will require the prior approval of Professor Wyner.
*Only one non-statistics course may be used among the electives for the minor, unless using ECON 103 and 104 in which case no non-STAT courses may be used.
**Since STAT 430 is also a core course, students who complete STAT 430-431 as an introductory sequence must complete four additional electives for the minor.

Course Numbers Categories
Courses numbered 43X are theory based, mathematics courses.
Courses numbered 47X are statistics courses of a more applied, computational nature.
Courses numbered 5XX are graduate level classes often taken by talented undergraduates.
Courses numbered 7XX are MBA level classes that allow undergraduates to enroll.

A Math Major might take Math 114, Math 412, Stat 430, Stat 431, Stat 432, Stat 433, and Stat 471.
An Econ major may take Math 114, Econ 103-104, Econ 222, Stat 430, Stat 471, Stat 433, and Stat 476.
A Psychology major might take Math 114, Stat 111, Stat 112, Stat 430, Stat 471, Stat 501, and Stat 475.