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Statistics Careers

Career Description

Statistics Careers
Statisticians are an integral part of any industry because these are the people who give data a meaning and employ exciting methods for converting ideas into quantitative data which can be used from product development to product marketing. Statistics careers are definitely for you if you love working with numbers and coming up with sensible solutions to problems.
What is Statistics?

Statistics, in short, is the study of data ranging from its collection and organization to its interpretation and presentation. Since statistics aims to add a definite value to an idea, it is considered essential in validating claims and proving theories.
Statistics Careers Profile

Statisticians work in a variety of fields, including but not limited to the following:
·  Actuary to analyze insurance and financial risks;
·  Environment to assess and clearly display changes to the environment as a result of human activity and predict future pollution trends among other things;
·  Market research to design and evaluate research carried out by companies such as those to forecast market response to their products;
·  Health service especially in validation of diagnostic data; and
·  Education as a school teacher or a university professor.
Job Prospects
Earnings in statistics careers are relatively higher as compared to many other professions. However, it varies greatly between different fields within statistic careers. Once you decide your niche in statistics, it is best to scope out information from people working in the same field.

Also, while Statistics Careers are not expected to witness a sudden growth spurt, they do promise a steady growth in the coming years.
Educational Requirements
Statistics careers require a sound knowledge of statistics. To become a statistician, it is wise to begin as early as high school. Along with statistics courses in high school, students should also focus on mathematics, computers, science and English (especially writing which would help with presenting results of statistical analyses).

In college, Applied Mathematics is one major that will thoroughly equip students for a career in statistics. Some jobs may require a master’s degree and teaching at a university will require a PhD. Fellowships and internships are also a good way to pave your way to a successful statistics career.  


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