Four Reasons You Should Consider Majoring in Statistics

statistics on paper on a desk

Our view of the world is defined by quality and quantity; the two basic methods of expressing value. As a college student, you might have found that some of your modules and courses measure and evaluate the quantity, while others discuss quality. But, while the two have a lot of differences, they are more related than you think, and there’s where you encounter the field of statistics. At its core, statistics is the science of understanding and interpreting data, and it can be applied to a huge range of activities and situations.

In fact, the better understanding you have of statistics and statistical analysis, the better prepared you will be for a wide range of things, from getting better at your job to getting higher scores on games. If the science of data and numbers, and the reasons behind it all has always been something that’s interested you, you might be considering studying for a degree with a major in statistics. Here’s why it’s a great idea.

Statistics Degree Programs are Widely Available

As data becomes increasingly more important to the world around us and our everyday lives, statistics degree programs are easy to find. Those who want to understand more about the interpretation of data and how it is applied in our everyday lives will find a huge range of methods that they can utilize to achieve these goals. You can study statistics as:

  • A traditional college student attending classes on campus
  • An online degree student studying from home
  • Blended degree programs that incorporate both classroom-based and online classes
  • Online degree programs with more lenient entry requirements, like this online masters in statistics no GRE
  • Short online courses designed to improve your knowledge of statistics both with and without end qualifications

Job Opportunities

Statistics can be applied in almost every single field and industry. In the world of business, having a good grasp of statistics is important for every business owner, accountant, marketing professional and even salespeople, as the data is crucial for helping them determine how well they are doing, what needs to be changed, and what isn’t working. Without statistics, many companies would simply be running blind and taking shots in the dark while hoping that it works well.

But not everybody is able to fully understand statistics or has the knowledge and skill necessary to use the data to make informed decisions. That’s why somebody with this skill is always necessary for almost every single business out there. With a major or a master’s in statistics, you will be able to go for a huge range of job opportunities. You might find yourself working in:

  • Business management
  • Marketing
  • Sales
  • Human resources
  • Logistics
  • Banking and finance

Everything is data, and everybody needs it to be analyzed, so with a strong background in statistics, you’ll be able to take your pick of plenty of diverse job opportunities that come up.

Career Changes

Are you still a little unsure about what you want to do for work, or the industry that you’d like to work in? This isn’t an uncommon feeling, as with so many choices available to students these days, narrowing their options down, with very little life or career experience, can be a daunting and confusing task. Maybe you’ve been blessed with a desire to study statistics and know exactly what you want to do with the degree after you’ve graduated. But if not, don’t worry. In fact, one of the best things about getting a degree in statistics is that it’s such a versatile subject that can be applied almost anywhere.

When you achieve a degree in statistics, you’re qualified to work in almost every industry and in a huge range of career positions. It provides you with a great foundation from which to try out different jobs and different industries in order to find the best fit for you, without having to go back and get another degree to facilitate your change of career.

A statistics degree can give you the power to switch from a job in marketing to healthcare to engineering then banking and back again; something that can’t be said for many other degree options. So, if you’re indecisive about your future career, a degree in statistics is great for ensuring flexibility and allowing you to keep your options open.

High Demand and Job Security

People with strong statistical analysis skills are in high demand, and it’s unlikely that the demand is going to fall over the next few years. Even though we have access to a wide range of tools at our fingertips that can analyze and interpret data for us, there’s also a need for skilled, knowledgeable people who can use these tools to a high standard and ensure that companies are making the most of the investment.

When you get a job in statistics, there are many benefits that you will enjoy. A career in statistics means:

  • High demand from almost every industry, giving you the pick of career options once graduated and plenty of chances to gain experience and figure out where you are most comfortable
  • Great job security as statistics experts are in high demand and the need for data and skilled professionals to interpret it is likely to grow in the future
  • The opportunity to travel for work; statistics are relevant all around the world and wherever you go, whether you move to another state or start a new life abroad, your skills will be in high demand

And, the best part is that you don’t even have to be good at math! While a strong understanding of numbers and how they work will always put you at an advantage when it comes to statistics, you don’t have to be a math genius to find a successful and rewarding career in this field. In fact, your high school education has likely equipped you with everything that you need to get to grips with the basics of statistics, and you can learn more advanced math as you progress.

If you want the freedom to work in any industry, enjoy working with numbers and have a good head for data, studying statistics could be the perfect choice of major for you.

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