I have bene experimenting since a few years with an alternative options to a Master's thesis option or the non-thesis option in mathematical sciences. We offer a two-course sequence on research in statistics (and also separately, research in mathematics). During the first semester, students are exposed to many ideas and publications, along with software packages that could be used in applied research projects. The entire class of students works together on one or two research projects that are built around one theme, such as disease surveillance (cluster analysis) of large data sets. Students work together as a team, sharing information, and tutoring each other. Each student wprks on an individual project duirng the second course. We have found a very high level of acceptance and enthusiasm by our graduate studnets to sign up for such a two-course research sequence.
What are your thoughts on this option for research?