Learn how statisticians collect and use data to make predictive models. Find out about their education requirements, salary range, career outlook, and more.
Statisticians are experts who compile and analyze statistical data to solve problems for businesses, government organizations, and other institutions. In their day-to-day work, statisticians determine the data a company will require to solve a problem and then apply mathematical theories to use that data for constructing a solution. In many cases, they also source the data for companies by designing surveys, questionnaires, experiments, and polls.
If you’re an analytical individual who enjoys using numbers and data to solve problems, then you might consider a career as a statistician.
Learn more about what you can expect from a career as a statistician, including their duties, potential salary, and work environment.
A statistician applies statistical methods and models to specific problems in order to develop informed solutions. As a statistician, you’ll analyze and interpret data to help businesses with important decisions, problems, and logistical scenarios. As a result, you will use probability, calculus, mathematical modeling, and statistical analysis in your work.
Statisticians collect data in an organized and ethical fashion. You would do so through polls or surveys, but you must also consider bias and other factors when designing these data collection tools.
You’ll then analyze the data to find trends and relationships, present these findings comprehensively, and communicate them to your employer. You must also explain your process of discovering these findings and what they mean to the business.
Statisticians offer evidence to support important decisions, solutions, or projections, using analytical skills to perform such essential tasks as spotting issues with marketing efficacy, projecting sales over the upcoming quarter, identifying stock market trends, and more.
As a statistician, you’ll collect and analyze data to solve problems in every facet for a range of employers, from privately owned businesses to nonprofit organizations.
Statisticians work in education, marketing, psychology, sports, and other fields that require statistical backing. Government, health care, and research industries hire many statisticians due to the high value of data and projections.
Statisticians earn a higher-than-average annual wage and have a positive job outlook for the coming years. The US Bureau of Labor Statistics (BLS) lists the median annual salary for statisticians as $104,110 as of May 2023 [1]. The lowest 10 percent of statisticians earn less than $58,690, while the highest 10 percent earn more than $163,360 [1].
The BLS expects significant growth for mathematicians and statisticians, as it anticipates an 11 percent rise in jobs between 2023 and 2033. It expects about 2,500 new open positions annually in the field [2].
To become a statistician, you’ll need to gain the right credentials, possess critical job skills, and work to stand out from the crowded applicant pool to pique employers’ interests. Review some of the steps you’ll likely take on the path to becoming a statistician.
In most cases, a statistician will need a master’s degree. However, some companies will hire an entry-level statistician with a bachelor’s degree in mathematics, economics, computer science, actuarial science, or a related field.
Read more: Master’s Degrees Frequently Asked Questions (FAQ)
As a statistician, you will need skills in mathematics, computer science, communication, and data analytics. You also need industry awareness and knowledge as well as the ability to work on a team and collaborate with others. Companies place a high value on problem-solvers who are skilled in their technical practices and communicate effectively.
Statisticians don’t need a professional certificate or certification, but the American Statistical Association (ASA) offers two high-value accreditations: the Accredited Professional Statistician (PStat) and Graduate Statistician (GStat). Adding a credential to your resume could help you stand out to employers and potentially improve your chances of landing a job.
The more experience you have in the field, the more likely you are to grow in your statistician career and potentially advance to senior or executive roles. Generally, those with master’s degrees or doctorates will have more opportunities to ascend to higher positions.
As you work in an organization and become more recognized as a crucial team member and stats expert, you may also move into higher roles.
Pursuing higher education and success in the field are two ways to move higher. Plus, your pay grade will usually grow as your role advances.
A career as a statistician can be rewarding if you enjoy using numbers and mathematics to solve problems and developing surveys to source data. If you’re excited by the possibility of a career in the field, then you might consider taking a cost-effective, flexible course on Coursera.
In Stanford’s Introduction to Statistics course, you can learn statistical thinking concepts that are essential for learning from data and communicating insights. In Rice University’s Business Statistics and Analysis Specialization, meanwhile, you can learn how to apply statistics and data analysis tools to various business applications.
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US Bureau of Labor Statistics. “Occupational Outlook Handbook: Mathematicians and Statisticians, Pay, https://www.bls.gov/ooh/math/mathematicians-and-statisticians.htm#tab-5.” Accessed December 10, 2024.
US Bureau of Labor Statistics. “Occupational Outlook Handbook: Mathematicians and Statisticians, Job Outlook, https://www.bls.gov/ooh/math/mathematicians-and-statisticians.htm#tab-6.” December 10, 2024.
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