Degreequery.com is an advertising-supported site. A degree in statistics is an excellent starting point for other math careers, such as actuary and operations research analyst. They must be able to interpret their statistical analysis and present it in reports that are understandable for their clients. There are only a handful of statistics-based graduate programs that concentrate on analytics or business analytics. Statisticians made a median salary of $87,780 in 2018. No matter what your job title is or in what industry you work, having these highly-prized analytical skills will help you get a high salary. a Study.com College Advisor at the end of the process. 29 Nov 2020 accessed. Find Schools. This... Students wishing to pursue a PhD program in statistics should consider their research interests when choosing between... Do you need help with your stats homework? A master's degree is usually needed for advancement to top jobs as a market research analyst. Even beyond the math occupations, there are so many other options for a career with a statistics degree. Want expert, personalized advice that can save you a lot of time and money? These professionals may research and study different mathematical principles and theories, or apply their knowledge in the field to solve problems for various industries. Published by Erin Duffin, Jan 28, 2020 This statistic shows the projected average starting salaries for Bachelor's degree graduates in 2020 in the United States, by discipline. Colorado School of Mines in Golden Video Review, Master of Science in Statistics: Analytics Concentration, Explore Statistics in the Blogosphere: Top 10 Statistics Blogs, Computer Science & Statistics Double Major, Nurse Anesthetist (CRNA) Degree | Overview of a Nurse Anesthetist Master's Degree, Jobs Involving Statistics & Risk Management, Online Schools for Statistics: How to Choose, Applied Statistics Courses and Training Programs, Criminal Defense Lawyer: Job Description and Requirements, Warehouse Management Classes, Courses and Training Programs, Graduate Certificate Programs in Statistics Online, Schools with Industrial Psychology Programs How to Choose, Forensic Chemistry Schools and Colleges in the US, Online Bachelor Degree in Social Services, Journeyman Electrician School and Training Program Information, Research Stanford University's Degree Programs, Research Duke University's Degree Programs, Research University of Iowa's Programs & Degrees, Research Mississippi State University's Programs, Research University of Utah's Programs & Degrees, Research University of Kentucky's Degree Programs, Research Oregon State University's Programs, Research DePaul University's Degree Programs, Research Washington State University's Degree Programs, Best Online Bachelor's Degrees in Communications, Fashion Merchandiser: Education Programs and Career Outlook, Career Information for a Degree in General Mathematics, Schools for Aspiring Millwrights How to Choose, Schools with Electrical Repair and Inspection Programs How to Choose, Careers for People with the S Personality Type Disc, Online Bachelor of Science Aeronautical Engineering Degree, Working Scholars® Bringing Tuition-Free College to the Community, Aeronautical and Astronautical Engineering, Afterwards, you'll have the option to speak to an independent A master's degree in statistics gives students the necessary tools to be qualified for careers in several different areas. All other trademarks and copyrights are the property of their respective owners. Actuaries are highly utilized in the world of insurance, but can also help evaluate enterprise risks and retirement benefits. The unemployment rate for Americans with less than a high school diploma is 8%, the highest of any of the educational categories. Although actuaries only need a bachelor's degree and usually advance through certification exams, a master's degree in statistics could prove beneficial in their line of work. St. George, UT, US 84790. For statisticians across the United States, the median salary is $84,060 per year, the Bureau of Labor Statistics (BLS) reported. Curriculum, relevancy of sample programs, and outcomes will vary by school. Actuaries earn a median salary of $101,560 for their work calculating the cost of risk with the aid of statistical and mathematical software, the BLS reported. Study.com College Advisor that can help you compare costs and options. $46k. Job. © copyright 2003-2020 Study.com. Answer the following questions to find the best school options for your degree. Is There Any Math Required for a Degree in Nursing? Majoring in this branch of mathematical science that focuses on collecting and analyzing numerical data can prepare you for a job with a great salary. For statisticians across the United States, the median salary is $84,060 per year, the Bureau of Labor Statistics (BLS) reported.