career opportunities with a statistics degree

myshsrank

In an increasingly data-driven world, being able to translate information into meaningful insights that can be used by companies and organisations is a valuable skill to have

Job options

Jobs directly related to your degree include:

  • Actuarial analyst
  • Actuary
  • Civil Service fast streamer
  • Data analyst
  • Data scientist
  • Financial risk analyst
  • Investment analyst
  • Market researcher
  • Operational researcher
  • Statistician

Jobs where your degree would be useful include:

  • Business analyst
  • Chartered accountant
  • Economist
  • Financial manager
  • Financial trader
  • Insurance underwriter
  • Machine learning engineer
  • Research scientist (maths)

Work experience

Work experience gives you the opportunity to put your statistics knowledge into practice in real-life situations. Statistics-related work placements are available across a variety of government departments. For example, you could apply for a 12-month placement with the Office for National Statistics, the UK's largest independent producer of statistics.

You can also develop your skills in statistics through work placements and internships in sectors such as:

  • banking
  • financial services
  • market research
  • operational research.

Any type of work experience or voluntary work can be useful for developing your communication, problem-solving and team working skills. Many universities will have opportunities to volunteer or work with local organisations and charities.

Typical employers

  • financial and banking companies
  • insurance and accountancy firms
  • IT companies
  • logistics and transport companies
  • the NHS and private health companies
  • market research organisations
  • not-for-profit organisations and think tanks
  • pharmaceutical industries
  • universities and other education bodies.

Skills for your CV

A degree in statistics equips you with strong data analysis and manipulation skills. You have the opportunity to complete data collection and numerical measurements, undertake project work and give presentations, which develop your subject-specific and general skills.

You develop key skills in:

  • analytical research methods
  • interpreting results, drawing conclusions and recommendations from data
  • identifying and working with patterns in data
  • problem solving and logical thinking
  • applying abstract mathematical concepts to practical problems.

You also develop general skills that all employers expect, including:

  • communication
  • presentation
  • information management
  • organisation and planning
  • teamwork
  • time management.

 

Contributor: myshsrank
University