National average salary: $120,649 per year. Aspiring actuaries must also pass a series of exams to become certified in the profession. National average salary: $74,590 per year. Financial analysts review balance sheets and corporate statements, work with corporate representatives and analyze management teams as they prepare investment recommendations for their clients. Indeed is not a career or legal advisor and does not guarantee job interviews or offers. After completing their analyses, statisticians translate their findings into reports designed to help their companies make decisions and pursue solutions. Insurance underwriters review applications for insurance and, based on their evaluation of the degree of risk, determine whether or not to provide coverage. September 9, 2020. The field is increasingly data-driven, so it’s a perfect career choice for statistics students. See salaries, compare reviews, easily apply, and get hired. He is a native of Brooklyn, New York. Working variously in research organizations, polling organizations, nonprofits, corporations, and government, survey researchers devise survey questions based on background research, conduct interviews, collect data, and interpret the results. Economists need strong decision-making, problem-solving and critical-thinking skills to assist individuals, corporations and agencies. Survey researchers create surveys and analyze survey data. They specialize in researching market trends, collecting data and using statistical models to form conclusions. Statisticians are employed in a variety of industries to collect and analyze data, which is … Likelihood that robots will take your job: 61%. To communicate findings to colleagues and stakeholders, market researchers often translate data into charts and reports. Personal financial advisors work with clients to discuss and meet their financial goals, providing advice on anything from investments to mortgages to retirement funds. These professionals also use their expertise in math to calculate the probability of financial risk and generate charts and reports that show uncertainty. They also collect other relevant information by collecting and analyzing consumer feedback and worker input. For advancement into a supervisory role, most employers require certification, which can be gained through training programs. In any job search, you have to sort through many job postings to find the ones that are right for you. Likelihood that robots will take your job:4%. Because of the high level of expertise required for the position and the competitive nature of the job market, most quants have a doctorate in a related field. Software engineers use models to create application maps, develop and test programs, recommend effective upgrade strategies and provide ongoing software maintenance. They use their background in statistics to collect data, review trends and use business models to forecast future events. A statistics degree is a perfect point of entry into this career. Common entry-level degree: Bachelor’s degree/Master’s degree, Likelihood that robots will take your job:22%. While many business analysts work for organizations, others are self-employed and work as contractors. National average salary: $93,769 per year. Market researchers use expertise in statistics to develop processes for gathering data and analyze figures with advanced software and algorithms. As a result, it’s one of the best majors for young professionals entering the job market today. National average salary: $105,760 per year. The level of education needed in this career depends on where you are seeking employment. With a major in statistics, you can pursue a wide range of careers in business, finance, operations management and other industries. Nearly every organization needs accountants, including hospitals, nonprofits, insurance firms, and more. Primary duties: Statisticians and mathematicians examine data and apply business models as they study and solve organizational challenges. The low-stress way to find your next statistics major job opportunity is on SimplyHired. Consider these 10 possible career paths with a statistics degree: National average salary: $62,302 per year. They examine financial costs, assess risk levels and recommend courses of action. National average salary: $111,679 per year. They conduct research experiments and compile environmental data to assess environmental problems and convey their findings to policymakers, government officials, and businesses. Quantitative analysts, or “quants,” as they are often called in the financial industry, are experts in financial securities. National average salary: $92,046 per year. The information on this site is provided as a courtesy. Average Salary For a Statistics Major Depending on the industry that statistics majors work in, their salaries can vary significantly. Primary duties: Software engineers and developers oversee the creation of computer applications, software programs and network systems. National average salary: $67,255 per year. Easily apply to jobs with an Indeed Resume. — data is collected and interpreted. New statistics major careers are added daily on SimplyHired.com. These professionals often analyze financial statements and labor reports and use statistics to identify trends and recommend solutions. These professionals often work closely with computer programmers, information technology project managers and information systems managers. Follow these five guidelines to narrow in on the best. In fact, we found that statistics majors who work in the technology industry have an average salary of $79,758, while those who work in the non profits industry have an average salary of $43,540. With a major in statistics, you can pursue a wide range of careers in business, finance, operations management and other industries. Financial analysts are responsible for examining financial data in order to provide information and guidance to businesses or individuals on business and investment decisions. Likelihood that robots will take your job:21%. Create your resume. Data runs the world. Data scientists use their knowledge of statistics to create data sets, establish variables, develop models and identify patterns and trends. These clever professionals rely on statistical research… Actuaries use statistics, mathematics, and financial information and theory to assess the financial costs of risk and uncertainty.