This report provides guidelines for universities to consider in developing programs for training statisticians who will work in industry. Useful information for students who are considering industrial employment is also included. The recommended programs focus on real problems and the statistical theory and methodology that are useful in their solution. Technical competence is only one of many factors that industry considers when hiring and promoting statisticians. When a statistician leaves school, his or her skills and experiences should include statistical knowledge, practical problem solving, consulting practice, and the ability to communicate orally and in writing with nonstatisticians. There are many details that must be worked out (e.g., content of specific courses and organization of consulting internship programs), and it is hoped that the statistical societies and universities will form committees, hold conferences, and develop programs to address these issues further. Many of our recommendations apply more broadly to the training of all types of practicing statisticians.