A Statistics major is highly employable in today's job market. According to the Bureau of Labor Statistics, the demand for statisticians is projected to grow by 33% from 2019 to 2029, much faster than the average for all occupations.
Statistics majors can pursue a variety of careers, including data analyst, market research analyst, actuary, financial analyst, and statistical consultant. They can also work in industries such as healthcare, finance, government, and technology.
While a graduate degree can be beneficial for certain positions, such as a statistician or data scientist, it is not always required. Many entry-level jobs in statistics only require a bachelor's degree. However, pursuing a graduate degree can lead to higher-paying and more advanced roles.
Statistics majors should have strong analytical and problem-solving skills, as well as a solid understanding of mathematics and statistical concepts. They should also be proficient in programming languages such as R, Python, and SQL, and have excellent communication and teamwork skills.
The average salary for a Statistics major varies depending on the job title and level of experience. According to PayScale, the average salary for a statistician is $71,000, while a data analyst can make around $60,000. With experience and advanced degrees, statisticians can earn six-figure salaries.