Featured Online College
Projected Job Growth: 14%
Projected Employment Change: 3,500
Though the field isn’t growing quite as fast as other mathematics career fields, statistics positions are still projected to grow by at least 14% by 2020, the U.S. Bureau of Labor Statistics (BLS) reports. Statisticians are responsible for utilizing mathematic principles to aid economic and government policies. They collect, analyze, and interpret data. They also write reports over their findings. Demand for statisticians can be attributed to the need for more accurate market trend reports, as well as advice on investment opportunities.
Statistics is a versatile field, as many industries and companies require the work of statisticians. This gives statisticians some freedom over choosing which field in which they wish to work. Big employers of statisticians include the pharmaceutical industry and government industries. Statisticians also have the potential to earn competitive salaries. According to the BLS, the average statistician earns $72,830 annually, though individual salaries may vary.
Getting Into Statistics
Statisticians need, at a minimum, a master’s degree before they can qualify for a statistics position. Jobs that rely heavily on research may require a doctoral degree. However, before potential statisticians can earn a graduate degree, they must first enroll in a bachelor’s degree programs. Online bachelors degree programs prepare students for graduate school by having them take classes in advanced mathematics, statistics, and mathematical theory. The best online degree programs will introduce future statisticians to research as well. Some online degree programs may also encourage future statisticians to take classes in computer science.