The course-based MSc degree is primarily intended as a terminal degree, to be followed by employment in a related occupation. Course-based MSc students are not provided funding. Students who plan to continue to a PhD program are encouraged to enter the thesis-based MSc program.The regulations spelled out below are only an approximate summary. For details, see the official Regulations and Guidelines for Graduate Programs.The minimum requirements for obtaining an MSc degree in a thesis-based program are the satisfactory completion of six single-term graduate courses and a thesis. For the course-based program, the minimum requirements are the satisfactory completion of eight single-term graduate courses and an approved project.  Normally, the project component for those specializing in Statistics will consist of work on consulting problems. The MSc degree requirements can be completed in one year if the student pursues the course-based route; students in the thesis program usually take slightly longer to complete the degree.