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10 Most Popular Jobs for Statistics Majors

08.18.2023 • 3 min read

Sarah Thomas

Subject Matter Expert

Here’s the most popular jobs for statistics majors, including how statistics relates to each and the average wage. Also learn why we even need statistics.

In This Article

  1. Why Is Statistics Important in Society?

  2. Data Analyst

  3. Data Scientist

  4. Statistician

  5. Actuary

  6. Biostatistician

  7. Business Analyst

  8. Operations Research Analyst

  9. Financial Analyst

  10. Quality Assurance Analyst

  11. Political Scientists

If you love complex problem-solving and data analysis, consider getting a statistics degree. A bachelor’s degree in statistics can lead to career paths in industries, from healthcare to finance to politics.

In today's data-driven world, an enormous demand exists for people to analyze data and communicate statistical findings to others. This means ‌a degree in statistics can open up a wide range of career opportunities for you, from data analysis and research to consulting and forecasting.

In this article, we'll explore some of the best jobs for students with a bachelor’s degree in statistics.

Why Is Statistics Important in Society?

Statistics is an essential tool. It helps us make informed decisions based on data-driven evidence. Without it, we wouldn’t understand complex phenomena, make predictions, and create effective policies to improve society's overall welfare.

We use statistical analysis in fields such as medicine, business, economics, and public policy.

If you’re interested in working with data and have a strong foundation in math, then statistics is a great college major. Statisticians also benefit from having a strong interest in particular research areas.

If there’s a ‌set of questions or topics you’re curious about, you might consider majoring, double-majoring, or minoring in statistics. Learning statistics will help you build expertise.

Jobs for Statistics Majors

As a statistics major, you have ‌multiple career options. With a degree in statistics, you can work in fields like healthcare, finance, government, and business.

Here’s a list of 10 popular jobs for statistics graduates with wage data from the Bureau of Labor Statistics (BLS) and

1. Data Analyst

Median Salary: $74,822

Data analysts use statistics to analyze and interpret large datasets. They help organizations make informed data-driven decisions by identifying patterns and trends in the data.

2. Data Scientist

Median Salary: $100,910

Data scientists use statistical methods, algorithms, and computer programming to analyze and interpret large datasets. Most data scientists have a background in computer science and work for large companies and tech firms.

3. Statistician

Median Salary: $96,280

Statisticians use data collection and statistical knowledge to analyze many problems. They usually work for large public and private research organizations, government agencies, or academic institutions. To be a statistician, you may need to get a master’s degree or a Ph.D. in applied mathematics or statistics.

4. Actuary

Median Salary: $105,900

Actuaries study and manage financial risk. They use statistical models to assess the likelihood and economic cost of future events, such as accidents or natural disasters. As an actuary, you will likely work for an insurance company.

5. Biostatistician

Median Salary: $114,610

Biostatisticians work in healthcare. They use statistical methods to analyze data related to diseases and public health. They work with and advise doctors on how to collect data and run clinical trials.

6. Business Analyst

Median Salary: $63,920

Market research and business analysts collect and analyze data on consumers and competitors. They use statistics to identify market trends, determine the demand for products and services, and develop new marketing strategies.

7. Operations Research Analyst

Median Salary: $82,360

Operations research analysts use mathematical modeling and statistical analysis to solve complex problems in business, healthcare, and other fields.

8. Financial Analyst

Median Salary: $95,570

Financial analysts study financial markets and work in teams that help individuals and businesses with finance-related decision-making.

9. Quality Assurance Analyst

Median Salary: $109,020

Software developers design and build computer applications and programs, while quality control analysts use statistical methods to identify areas where software can be improved and to ensure products meet expectations and standards.

10. Political Scientists

Median Salary: $122,510

Political scientists use statistics to model elections and to study voter sentiment. Political scientists specializing in statistics can work for the media, non-profits, think tanks, or politicians.

If statistics piques your interest, get started on your statistics journey today by signing up for an introductory course. You can register for a course at your college or take a course online at your own pace and convenience. ‌Don't miss the opportunity to enhance your analytical skills and expand your knowledge. Before you know it, you could be a statistician!

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