Statistics Degrees

Advantages To Earning A Statistics Degree

A statistics degree provides individuals with an interest in data collection and analysis solid educational knowledge necessary for advancing personal, and professional goals. A statistics degree through an accredited college or university program provides graduates with the tools necessary to research, collect, and interpret data for businesses, organizations, or agencies. Many colleges and universities have extended learning to online courses geared toward enabling students whose family or job responsibilities prevent them from attending on-campus instruction.

Most online degree programs consist of innovative curricula offering nearly the same educational experience, materials, and instruction as their traditional, on campus counterparts. A statistics degree thorough an online degree program is often one of the best paths to future career success. Online courses offer groups of 25 students 24 hour access to course materials, instruction, and one on one chats with other students and instructors. Online courses also generally provide students with the added benefit of flexibility in course scheduling to further educational and career aspirations.

What Students Learn Within An Online Statistics Degree Program

A statistics degree provides a solid educational background necessary for far ranging career opportunities. Most industries and sectors of business, science, health, history, science, and social studies employ statisticians to gather and interpret information to maximize function. A degree in statistics provides graduates with knowledge necessary to work in nearly any field. Bachelor level courses in statistics provide students with core general education courses in English and psychology combined with specialized courses in: mathematics, statistics, and sciences. Most undergraduate courses necessary for obtaining a statistics degree include: statistics theory, linear algebra, multiple variable calculus, statistics and probability, statistical computing, applied statistics methods, data analysis, laboratory science, psychology, and social sciences. Graduates from a bachelor level statistics degree program may advance to employment or higher degree programs.

At a graduate level, students gain knowledge for future careers as statisticians through the combination of specialized courses and clinical experiences. Courses generally include: probability theory, applied statistical methods, biostatistics, research for statistics, statistical computations and analysis, analysis of time series, methods in multivariate analysis, biostatistics and data analysis, applied regression, variance analysis, data management, differential and integral calculus, statistical methods, mathematical modeling,methods in environmental statistics, statistical consulting, and other courses geared toward expanding knowledge and training in the discipline of statistics. Graduates from a master’s degree level statistics program may advance to employment or doctoral degree programs. Courses at a doctoral level include: statistical genomics, consulting and collaboration in statistics, experimental statistics, aspects of stochastic processes, sequential analysis, nonparametric inference rank based methods, nonparametric inference smoothing methods, statistial large sample theory, subsampling techniques, advanced probability, time series analysis, extreme value theory, point processes, and nonparametric multivariate analysis. Graduates from a doctoral level statistics program advance to professions within colleges and universities as researchers or instructors.

Prospective Jobs For Graduates With A Statistics Degree

Graduates who attain a statistics degree will find a wide variety of prospective jobs in many industries. The demand for qualified statisticians is expected to increase by 13% through 2018 per reports from the U.S. Bureau of Labor and Statistics. Job growth is also expected to be steady and grow at an average rate in comparison to other occupations due to advancing technology and statistical aid models used in private and governmental industries. Current trends indicate that as employers continue to efficiently process data, qualified statisticians will find jobs in many sectors to process new information. Graduates who complete a bachelor degree in statistics may find entry level employment as statisticians within public health, education, medical, agricultural, pharmaceutical, psychological, computer software, engineering and risk analysis fields. Some graduates may find employment as biomathematicians, biostaticians, or actuarial scientists.

Graduates who complete a statistics degree at a master’s level often specialize their educational background within fields like finance, biology, engineering, or computer science. A graduate degree in statistics provides individuals the best opportunities for employment within many industries. Graduates with a master’s degree in statistics qualify for jobs as psychometrists, investment analysts, cryptologists, commodities traders, or IRS investigators depending upon areas of specialty. Graduates who obtain a doctoral degree in statistics often work as researchers or professors within colleges or universities. Many find employment as college statistics educators, industrial statistics researchers, statistician consultants, or as researchers in fields like statistical genetics or statistical programming.

Salary Range For Graduates With Statistics Degrees

Graduates with a statistics degree have the educational basis necessary for stable and lucrative career success. Earnings for statisticians vary, as with most occupations, and depend upon factors like educational level, organization of employment, specialty areas, and work experience. Entry level earnings for graduates with a bachelor degree in statistics generally range from $52,730 to $92,170 per reports from the U.S. Bureau of Labor and Statistics. Earnings increase significantly as statisticians age, with salaries generally doubling after at least twenty years of on the job experience.

Career Outlook And Advancement Opportunities For Graduates With Statistics Degrees

Graduates with statistics degrees are a vital component to any business, corporation, or agency. As technology expands, the demand for qualified statisticians is expected to increase as businesses research, collect, and interpret data. The U.S Bureau of Labor and Statistics predicts steady growth in private industries and governmental agencies providing graduates with statistics degrees ample job opportunities for steady employment opportunities. Graduates who attain a bachelor degree in statistics may find entry level jobs and work their way to jobs with higher responsibilities or supervisory responsibilities. Graduates just beginning their careers as statisticians work closely supervised by more experienced statisticians. Graduates with bachelor degrees may also advance to higher degree programs to qualify for supervisory positions. Graduates with master’s or doctoral degrees often work within colleges, universities, or research facilities developing statistical methods and analyzing data. Some graduates with advanced degrees may work, upon gaining relevant work experience, as statistical consultants.

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