The 10 Best Job Paths For a Statistics Major
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- Опубліковано 6 жов 2024
- I ranked the best and highest paying Statistics careers... As a Statistics major, I think it is super important to know what job opportunities there are in Statistics whether or not you are pursuing a degree in Statistics.
Information shared is highly appreciated. Favorite stat oriented channel.
That means a ton, thank you 🙏🏼
Thank you! Im on my second year of my statistics degree. This was very helpful!
Awesome! Good luck 😁
Great video! Data science is something I'm pursuing. I was wondering if you could do a video on statistics classes a major or minor would take. So Zach Star has a video where he did this with Math called "A look at some higher level math classes | Getting a math minor"
I was wondering if could do a video inspired by that that leads you through the broad subject areas in statistics and maybe how they relate to real life applications and jobs.
That’s definitely something I can add to my list, currently there is one on my channel where I go over every class I’ve taken in my stats degree though!
@@ChristianGardner oh I'll check it out!!
If you are going to study Data Science DS, then there is a good chance you are going to get scammed. Most institutions will teach you DS as algorithms only, aka AI and ML. But that will not make you a real data scientist. To be a real data scientist, in addition to AI and ML, you need to have a very strong background in statistics and the work domain. I even recommend studying bachelor of Statistics before studying DS. You can skip statistics if you are going to skip the data analysis role of DS, and going to work on black box models only, ex. deep learning.
After watching this, statistics doesn’t look like a good major at all.
Statistician- Need higher education
Financial analyst- Better suited for finance people
Market researcher- Need background in finance
Economist- Need advance degree plus not feasible with just a stat degree
Database Administrator- More suitable for someone in CS.
Now what are we left with? Data science, business analyst and software engineering.
If someone wants to do data science and software engineering then why not just choose computer science that way you will have far more career prospects.
So only good options after a stat degree is a business analyst?
After watching few of your videos I can't seem to understand how you are so optimistic about this major while explaining the doomsday scenario.
These are not the only 10 jobs you can get, they were actually just 10 listed out on some career website so I ranked them. Data analyst, business analyst, ACTUARY, all great careers that a stats major can get with just an undergrad ..
You can literally get into almost anything with a statistics degree
You missed quant trader. Stats arbitrage and pricing.
I did the most viable jobs, not just the highest paying .. not easy to become a quant trader without experience and advanced degree
@@ChristianGardner what kind of advanced degree? I've heard of financial engineering degree, is this it?
@@augustusg857 finance, data science, statistics, math, computer science
Which major is better suited for being a data scientist? Computer science or statistics?
Probably a combination of both but most likely a masters degree will be necessary
Thanks for your input! Great video as always. I was just wondering about your opinion on the data science major? I know it's a relatively new degree, and some people tell me to choose a cs, statistics, or applied math major over a data science major, but the major itself sounds appealing to me because it offers a broad spectrum of courses including computer science and math.
I wish I could have done it my self! Especially if you can pair it with a minor in statistics!
I would also add make sure your curriculum has the proper balance of real data science work, statistics knowledge, and computer science knowledge
@@ChristianGardner Great. I'll make sure on that. Thanks so much!
@@knewzi3152 of course, let me know if there is any other topics you’d like to see on the channel
i've seen online that you can't really become a software developer with a statistics degree. Do you agree with this statement? What can you do to increase your chances of landing the software job?
Self projects and computer science background (double major/minor)
really helpful thank you sir
Glad it helped!
Im glad ure making videoos keep it up
Thank you!
Great vid, thanks!! What about biostatistician?
I work with people who majored in biostatistics, I don’t think there are many jobs as a “Biostatistician” though.. most will become data scientists or data analysts but that is not fact just my opinion
Finance Time Series are ugly and difficult to forecast
Ok
Could a Statistics major work as a Psychologist or Psychiatrist later in their career?
Yes that’s definitely a possibility, statistical concepts would be very important in conducting studies as a lot of people in those fields may not have a statistics background … look up concepts in experiment design!
@@ChristianGardner Disagree a lot on your statement I've done a double bachelor in neuroscience and psychology in amsterdam. Racked up 63 ETC in stats (1+ year in credits, if the program takes 3 years). Did do a stats specialisation for 30ETC but still 33 ETC in stats from psychology is a lot more than the usual 6 or 12 in a normal program. Stats is important for being able to do research, any research focused bachelor like psychology must have a lot of stats knowledge and a good program reflects that
@@e.i.l.9584 yeah so you do agree lol, I said a pure statistics major wouldn’t be as applicable to a psych job
You would have to do bachelors and masters in psychology. Statistics is a major part of psychology and one of the most important subjects in psychology. Especially in PhD psychology, research, statistics and data analysis is what is done all 5 years
What about data analyst?
Very similar to some of the other jobs as well
@@ChristianGardner it doesn’t pay as much as a data scientist though. However, I heard it’s much easier to break into than data scientist
@@basedabdu8653 yes more so focused on data visualization, SQL, etc. whereas a data scientist might have more machine learning responsibilities as well as data engineering responsibilities
Almost similar to business analytics 😉
Can statistician earn handsomely or not? In canada
I’m not a statistician or live in Canada .. idk lol
can a stats major work as a quant in Hedge funds??
Absolutely
@@ChristianGardner thanks for the reply
Btw the video was very helpful for me..
How about investment banking
Invest banking isn’t the first thing I’d be thinking of when I was a statistics major but I’m sure it would be possible with right financial background
You cant predict with bijected logic
Okie dokie
I m doing bsc.applied stats and data analytics (2nd yr)
I want to start my own research and build a startup . Please suggest me some methods/way, ideas
Lol do I get equity in your startup if I do?
@@ChristianGardner I first need an idea
@@laibaaqureshi6228 that is for you to decide .. sorry
I heard data scientist positions are really competitive. Like you need a CS degree and a masters in stats lol
Pretty sure it breaks down to 15-30 percent of entry level data scientists have a bachelors
i'm a foreign statistic student in united kingdom and i wonder if i can benefit from employment opportunities in united state after graduation , thank you.
I don’t know if I’m the right person to be asking 😅
What about Biostatistics?.......
I guess you could be a biostatistician, good luck becoming one with a undergrad in statistics though
@@ChristianGardner Your prediction is 💯 right... Currently in so much of a dilemma thinking about the future :/
@@amalafelsiya9152 I’m sorry to hear that! But seriously best of luck in everything 🙏🏼
My son graduated may , up to now stillno job . Bad major
I graduated last December and I have a job.. I would like to hope your son got some real experience while in school, definitely helps.. good luck
Plus statisticians related careers are one of the highest growing and highest demand jobs as reported by the US Bureau of labor statistics .. doesn’t help that the US economy isn’t looking great.. just because your son doesn’t currently have a job doesn’t mean it’s a bad major! 👍🏻
@ChristianGardner good for you. He's one of the Pandemic kids since 4rth yr hs. Any recommendations? Maybe he could get a referral ? Or someone who knows who? Backers ....thank you
@@geraldinekim9679 I applied to over 100 internships before I got my offer which turned into my full time job .. get creative and don’t only apply to data analyst or data science jobs .. apply to things that your son has experience in and typically id recommend applying directly on company websites rather than job boards or linked in
@@ChristianGardner did apply for the internships after graduation ?
Quant??
That’s a good one but didn’t include it.. maybe a future video 👀
What are the too courses for adavnce statistics ?
What do you mean by this?
@@ChristianGardnerplease may I know the msc courses in statistics
@@nana1scontent623 idk what you mean
These jobs are great and all but…
Is A Statistics Degree Worth It?
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Idk Karen 🤣💀