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The specific roles and responsibilities of a statistician depend on and vary according to the industry and organization they work in. Statistician roles in the private sector involve interpreting data in ways that can impact organizational and business strategies. For example, by understanding changes in consumer behavior and market trends. In the public sector, on the other hand, statisticians often collect and analyze environmental, demographic, and health data focusing on furthering benefits to the public.
Irrespective of the sector they are working in, statisticians are required to perform some common tasks regularly, including:
| Job Profile | Description | Average Salary (INR) |
|---|---|---|
| Statistical Data Analyst | Statistical analysts collect analyze, organize and present data relevant to employers. They help seniors in making decisions for improvement in their business. | 645,000 |
| Statistical Data Scientist | Data scientists use a combination of statistics and computer algorithms to notice stats within data. Then, they apply their knowledge of statistics to this data to get the required outcome. | 700,000 |
| Statistician | Statisticians have the responsibility of collecting, analyzing, and presenting quantitative information. They are also concerned with design, managing experiments, and surveys and also deal with the initial collection of data. | 512,000 |
| Actuarial Scientist | An actuarial analyst uses statistical formulas to assess risk. The actuarial analyst uses complex mathematical formulas in areas of advanced statistics and modeling. | 710,000 |
| Statistical Programmer | The primary responsibility of a statistical programmer is to create programs for generating tables, listings, and different figures needed for the analysis and reporting of different studies. | 590,000 |
As a statistician, you likely can enjoy working in a quiet office environment. Many statisticians have their own offices or work in a shared workspace, depending on the company for which they work. Since the work of a statistician requires focus and tie management, you can often expect to complete your work in peace without distractions.
Statisticians earn an average of $95,758 per year. A professional's salary can depend on several factors, including their education background, experience level, job title, employer and location. Earning a nearly six-figure salary can help you achieve personal goals, such as purchasing a house or maintaining a comfortable lifestyle.
The United States Bureau of Labor Statistics (BLS) by between the years 2020 and 2030. This increase is much faster than average and indicates more job opportunities for professionals in this career. BLS also predicts about 5,200 job openings each year over the decade, so you can feel secure in this career choice.
Though statisticians complete many mentally stimulating tasks throughout their workday, professionals consider this a low-stress career. Unlike other careers, such as those in the medical field, statisticians can help people without having a direct impact on their wellbeing, so the stakes of their job duties may feel less intense. Statisticians also can work under more flexible deadlines and complete work at their own efficient pace, so this may help you feel more restful and calm while at work.
As a statistician, you can find jobs in different industries, including in healthcare, sports, entertainment, government, advertising and more. This can help you find a career that relates to a topic you love. You may also experience more variety throughout your career by switching fields as a statistician, which may be interesting to those who like to gain new experiences as a professional.
Statisticians complete majority of their work on a computer, which means they can work from essentially anywhere. Though many statisticians work in an office environment, some companies offer remote opportunities. This can help you save time and money on a commute and expand your job search options.
Statisticians can often find a healthy work-life balance, as they work regular hours and don't have to be on call. Having this type of schedule can help you plan for other life events. Also, since statisticians complete low-stress work, they don't have to bring work home with them as some professionals might.
Statisticians often work in offices that are closed on weekends, so this means they can rely on having these two days off. This also contributes to the easy work-life balance they can maintain. Not having to work on any weekends can allow you to have more time for yourself and allow you to plan social outings with your friends.
Along with the salary statisticians earn, many companies also offer employee benefits. These benefits can include health insurance, paid time off, 401k accounts and even tuition reimbursement. Having employment benefits like this can include your quality of life, as it helps you afford health insurance and plan for retirement.
Statisticians often work 40-hour weeks, which is standard for full-time employees. Working regular work hours can help you better anticipate the total of your paycheck each pay period and allows you to make better plans for your life outside of work. These professionals also usually only work during daytime hours instead of working in the evenings and late nights.
The job duties that statisticians complete are often reliant on skills such as critical thinking, problem-solving and analysis. Using this skill set can help you further develop your analytic skills, which can help you succeed in your role as a statistician. Analytical skills can then help you strengthen other abilities, such as observation and deduction.
There are many advancement opportunities for statisticians, especially for those who continue their education. This career path is mainly determined by your education and doesn't require special certification, so it can be an easy career to obtain in that way. As a statistician, you may advance in your career to educate others or work in management roles.
If you love mathematics and working with numbers, becoming a statistician may be a good career choice for you. These professionals work primarily with numbers and figures. They also perform calculations and analyze data sets to determine the effect the data can have on real-world problems. Having a natural passion for mathematics or enjoying learning about these topics can help raise your job satisfaction in this role.
Statisticians who work for public organizations may work on social welfare programs. For example, a statistician may review the data from a social experiment and translate the data into statistics to share with the public. This can help raise awareness for issues and causes. As a statistician, you can feel confident that your work affects the public and can help others become more informed.
This is a good career for those who aren't able or don't want to complete physical labor. This also allows professionals to work in this career for longer without losing the ability to complete their job as they age. Since working as a statistician only requires mental labor, it can be a more accessible job.
Though your basic job tasks may stay the same, working as a statistician can allow you to experience a variety of topics you work with. For example, if you work for a marketing firm, you may analyze data associated with different demographics of consumers or products. This can help you learn more about various topics and add variety to your work.
Since statisticians don't often work weeknights or weekends, you can use some of this time to find a side job. You can use your advanced mathematics skills to work as a part-time tutor or find another job to express your skill set. This can help you increase your income.
One skill that these professionals often use is risk management. Risk management includes evaluating different outcomes and options and making an informed decision. Developing this skill as a statistician can help you both in your career and in your personal life, as it can help you become better at deciding.
If you're an introvert, you might enjoy working as a statistician as there can be little social interaction while you're at work. This may help you feel less work-related stress and increase your job satisfaction. If you're an ambivert, this also may be a good career for you as you can limit your social interactions with friends and family instead of using some of your social energy while at work.
Though most statisticians earn their degrees in mathematics and related subjects, you can also benefit from earning a degree in a subject in which you want to specialize. Having a background in the same field in which you want to work, such as STEM or advertising, can help you gain an advantage over other job candidates
Working as a statistician can help you develop transferable skills. This means you can easily apply them to other careers. This is a benefit as it allows you to have more security knowing that you can use your skill set to switch careers if you don't feel happy with your duties as a statistician.
:Office work environment: These professionals complete their work in an office setting, which often doesn't allow for natural physical activity throughout the workday like the work of a construction professional. Though, if you want to remain more active, you might take brief breaks throughout your workday to take a walk or complete a short exercise to maintain your physical health.
Requires advanced education: The minimum requirement to become a statistician is a bachelor's degree, though many continue their education to earn a master's. If you're not interested in advancing your education, you may consider other careers.
Complex work: These professionals complete complex job duties that require a lot of mental effort, which can sometimes lead to burnout. To remedy this, you might consider changing your diet to brain-healthy meals and taking paid time off to rest.
Involves mathematics: If you don't enjoy math-related topics, you may not like being a statistician. Though, if you enjoy math but don't feel confident in your abilities, you can pursue additional academic courses to help you succeed in this role.
Static schedule: Statisticians typically keep the same work schedule throughout their career. If you need more flexibility, you might use some of your paid time off or asking your supervisor to adjust your schedule.
Not stimulating for extroverts: If you're an extrovert, you may not feel socially stimulated at work since these professionals work independently. To remedy this, you might make more plans for social interactions outside of work.
May require you to accept student loans: Since this career path requires advanced education, you may accept student loans. Though, some companies may offer tuition reimbursement to help you pay off your debt.
Doesn't create a physical product: Your work as a statistician rarely produces a physical product, which may be a disadvantage for those who want a clear representation of their work. Though, as a statistician, you help many through your studies even if the results aren't tangible.
Requires independent work: Statisticians often work independently, which may be a disadvantage to some. Though, you can work to develop more confidence skills that help you feel more comfortable working without direct supervision.
Can have a large workload: Statisticians sometimes have a long list of job duties to complete, which may be daunting to some. Though, if you stay organized throughout your workday and reach out to your supervisor for help, you can often manage the workload.
Soft statistician skills include:
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