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A statistics degree can open up a number of opportunities for you. Statistics is the study of data, which means that statisticians have a wide range of jobs available to them.
In fact, according to the Bureau of Labor Statistics (BLS), there are over 100 different job titles that require a background in statistics. That includes positions as diverse as research analysts, actuaries, and medical and health services managers.
Statisticians work in government agencies like the Census Bureau and private companies like Google or Facebook. They also work in hospitals and other healthcare facilities, where they help doctors make more informed decisions about patient care.
Here are some examples of jobs that require a statistics degree:
With a statistics degree, you can get jobs in the following industries:
-Businesses that need people to analyze data, such as banks and insurance companies.
-Government agencies and research institutions.
-Manufacturing companies that need quality control inspectors.
-Finance, insurance, real estate and banking firms.
What jobs can i get with a statistics degree
Introduction
Statistics is a booming field, with a 27% projected growth rate for statistician jobs by 2026. That’s well above the 7% average for all occupations, according to the Bureau of Labor Statistics (BLS). Jobs in statistics span many different industries and sectors, including business and finance, health care, government agencies, nonprofits, schools and universities, and more. If you’re interested in getting into this fast-growing field but aren’t sure where to start your job search or what kind of resume you’d need to apply for these positions, we’ll break it down for you so that you can kick off your career right away!
actuary
An actuary is a person who assesses risk. They do this by calculating premiums and insurance risk, which means they look at statistics and see which companies are likely to have higher claims. The actuary then calculates how much a company should pay for the premium based on their analysis of past data. This can take several years depending on how many people have used the insurance policy before, but once it’s done you’re set for life!
data scientist
Data science is one of the fastest-growing fields in the world, and it has a huge range of applications. In short, a data scientist is someone who uses statistics to analyze large amounts of data in order to make interesting discoveries about how people live their lives. The difference between a statistician and an analyst lies in their methods for reaching conclusions: for example, if you were analyzing political polling data from the 2016 presidential election with an eye toward predicting which candidate would win, your role would be similar to that of any other analyst. However, if you were using statistics to explain why certain populations are more likely than others to develop certain diseases (if we believe that genetics plays a part), then your work would fall under the umbrella term “data science” rather than simply being called “statistics” or “analytics”—the latter two terms referring strictly to analysis methods rather than their end goal (i.e., gaining knowledge).
The skills required by most employers looking for entry-level employees include: proficiency in programming languages such as Python or R; familiarity with SQL databases; experience working with big data sets (with preference given towards those who have already worked on projects related specifically projects related specifically)
biostatistician
If you have a statistics degree, there are several high-paying jobs you can get. One of these is as a biostatistician. A biostatistician analyzes the results of clinical trials and other medical research so that companies can make decisions about whether to move forward with the drug or treatment being tested.
Biostatisticians work in pharmaceutical companies, medical research institutions like hospitals and universities, and consulting firms that specialize in healthcare data analysis.
marketing/predictive analytics specialist
A marketing/predictive analytics specialist is someone who uses statistical analysis to help predict consumer behavior. They often work in marketing, but can also be found in other fields where the ability to understand and analyze data is important.
This career requires strong analytical skills and experience with statistical software such as R, SAS or SPSS. You’ll need at least an undergraduate degree in mathematics or statistics to get started. If your job requires advanced knowledge of statistics or computer science, you may need a graduate degree as well.
While there’s no formal certification available for this position, some employers may require their employees to earn industry-accredited certifications like the Certified Analytics Professional (CAP) credential offered by ISACA or the Certified Statistical Business Analyst (CSBA) offered by ASABE if they want their accreditation recognized by employers (and thus more likely to receive promotions).
The median salary for a market research analyst was $74K in 2015 according to Glassdoor data – though this figure will vary depending on location and experience level so take these estimates with an appropriate grain of salt!
statistician
The job of a statistician is to help businesses make better decisions. They use statistical techniques to analyze data and draw conclusions in order to make recommendations for their clients. Statisticians are in high demand because companies want people who can help them make better, more accurate decisions than they could on their own. A statistics degree can be useful in many different industries: from financial services to retail, from insurance agencies to hospitals, even if you’re not an accountant but just like crunching numbers!
operations research analyst
Operations research analysts use mathematical models to optimize business processes. In this role, you’ll apply your knowledge of statistics and optimization theory to improve product quality, efficiency and profitability. You may also be employed by government agencies or nonprofit organizations helping them manage their operations more effectively.
Some colleges offer bachelor’s degrees in operations research or a related field such as mathematics or computer science; most employers require at least a master’s degree in the subject.
economist
The first step toward becoming an economist is to obtain a bachelor’s degree that qualifies you for entry-level positions. Most economists have at least a bachelor’s degree in economics, but some individuals with a background in another field may also be able to work as economists. There are several undergraduate majors available: business administration, mathematics, statistics, finance and economics. The choice of major depends on your career goals and interests. If you want to pursue advanced study after earning your undergraduate degree, it is important that the program include courses in statistics because this will be required for many graduate programs in economics or applied mathematics.
Some universities offer combined degrees such as BBA/MAEC or BSME/MSBA that allow students who have already completed their undergraduate coursework related math or science (such as biology) to pursue additional study while still earning their four-year degree within six years instead of eight years like most four-year degrees require today due largely due increasing costs associated with going away full time school everyday five days week twelve months year versus staying local part time studying evenings weekends year round while working full time during day shift hours 10am thru 6pm Monday thru Friday every week indefinitely until retirement age 65!
financial analyst
A financial analyst uses data to help companies make better decisions. Financial analysts work in finance departments, helping managers and executives understand the financial implications of their choices. They work with financial data and models, analyzing statistics about things like revenue, costs, profits and expenses for a company’s business.
Financial analysts also study financial statements to see how profitable the company is or might be in the future. A single statement may contain information about sales revenues or costs incurred by one department over a period of time — but it’s up to a financial analyst to figure out what that means for the entire organization as a whole.
The field of statistics is growing rapidly, which means more and more job opportunities.
If you’re considering a career in statistics, it’s important to know that the field is growing rapidly. In fact, according to the Bureau of Labor Statistics (BLS), there are currently more job openings than applicants for positions in this area and that trend is expected to continue at least through 2022. With lots of opportunity and an ever-expanding demand for workers skilled in statistics, this degree will help open up doors for you!
Indeed, we expect that demand will only increase as more companies become interested in data science—a field which relies heavily on statistical knowledge—as well as other related fields such as machine learning and artificial intelligence (AI). As businesses continue to grow their use of these technologies over time, so too will their need for qualified professionals who can assist with their implementation and maintenance processes. This means there’s plenty of work out there waiting for aspiring statisticians like yourself!
Conclusion
As you can see, there are some diverse career paths that a statistics major could pursue with their degree. The main takeaway is that this field is growing rapidly and will continue to do so over time as technology gets more advanced and data becomes an increasingly valuable resource for people around the world. This means more job opportunities!