Is statistics a good degree?

If you are a skilled mathematician and could see yourself applying your skills in areas ranging from climate change research to accounting, statistics could be the right major for you. Statistics majors can have aspirations that include working in the business world or government, for instance.

Do statisticians make good money?

The median annual wage for statisticians was $92,270 in May 2020. The lowest 10 percent earned less than $52,700, and the highest 10 percent earned more than $150,840. Most mathematicians and statisticians work full time.

Is statistics a hard major?

Statistics is a challenging major and there tends to be a lot of homework that gets set. This means that it will be necessary for you to study a lot outside of class time. In almost all statistics and math classes you will find that there will be many different ways to ask the same question.

How employable is a statistics degree?

The Bureau of Labor Statistics projects 34.6 percent employment growth for statisticians between 2019 and 2029.

Who hires statisticians?

Statisticians work in many fields, such as education, marketing, psychology, sports, or any other field that requires collection and analysis of data. In particular, government, healthcare, and research and development companies employ many statisticians. Government.

What is the future of statistics?

Statistician is listed among the Bureau of Labor Statistics’ fastest growing careers in 2018 and it’s predicted to grow 33 percent by 2026. During that same period, jobs are only expected to grow by 7.4 percent. … It’s a great time to be a statistician!

Do you need a PHD to be a statistician?

Research and academic jobs generally require a Ph. D. Statisticians typically need at least a master’s degree, although some entry-level jobs are available for those with a bachelor’s degree. Most statisticians have degrees in mathematics, economics, computer science, or another quantitative field.

How much do statistics majors make?

Statistics major graduates in America make, on average, $56,178 a year or $27.01 per hour. While the top 10 percent make over $100,000 per year, the bottom 10 percent make under $31,000. Technology companies and health care companies have the most job opportunities for statistics major graduates.

What is the salary of Statistician?

The highest salary for a Statistician in India is ₹19,01,642 per year. The lowest salary for a Statistician in India is ₹2,70,046 per year.

Is a Statistician a good job?

Looking for a career path that has potential for growth, pays well, is low stress and offers a healthy work-life balance? Statistician is ranked the best business job, period, and the second best job in America by U.S. News & World Report.

What 4 year degree makes the most money?

Highest Paying Jobs With a Bachelor’s Degree
Rank Major Mid-Career Pay
Rank:1 Petroleum Engineering Mid-Career Pay:$187,300
2 Operations Research & Industrial Engineering Mid-Career Pay:$170,400
3 Electrical Engineering & Computer Science (EECS) Mid-Career Pay:$159,300
4 Interaction Design Mid-Career Pay:$155,800