Last Updated: May 13, 2021

A mathematics major who wishes to prepare for a career in a government agency, such as the National Security Agency or the Department of Defense, or in a technically related or service-oriented industry would do well to focus on statistics and applied mathematics and to complete a minor in computer science.

Data is available in plenty through the advent of the internet and this increase in the availability of data has made it important to have people who can decipher the data into informative based on quantitative reasoning. The importance of Statisticians in research done in every discipline is undeniable which provides them with career opportunities and also lets them take up research in other disciplines due to their stronghold in Statistics. Understanding Statistics is often a prerequisite for most courses if the student is aiming to complete their Master’s Program and Doctoral Program.

They can attain job opportunities from fields ranging from business to academia and from labs to pharmaceuticals. They can also, with proper training, be part of building market strategies in business and manage investment portfolios in finance with their knowledge in Statistics. Statisticians are those people who will have no trouble in finding well-paying jobs after even their degree as long as they remain diligent in their profession. They can also easily earn six-figure salaries according to the knowledge they possess in the field.

They will have the option of taking either BS or BA in Mathematics and Statistics with the difference between both courses being that BS offers students more exposure in the field of Science with heavy mathematical coursework and BA is part of Liberal Arts often taken by students who wish to take up a career right after their degree. The job market does not essentially differentiate between the two courses and it can be said with certainty that both courses will offer the student enough opportunity to reach their dream job.

- Linear Algebra
- Analytic Geometry and Trigonometry
- Mathematics and the Modern World
- Applied/ Multidimensional Calculus
- Business Calculus
- Mathematical Statistics
- Math for Computing
- Statistical Concepts
- Elementary Statistics

The different courses that students can take are Mathematical Statistics and Mathematics and Statistics programs which will both have different courses to study from.

- Probability Distributions
- Statistical Inference
- Regression
- Non-Parametric Statistics
- Linear Algebra

- Probability and Statistics
- Linear Algebra
- Mathematical Statistics
- Regression Analysis
- Variance
- Numerical Algebra

Students will be able to take their Ph.D. in Mathematics with a specialization in Statistics, Mathematics, Finance, Applied Mathematics, etc. But if they take it with Statistics, they will have to complete courses like the following in their core coursework.

- Mathematical Statistics
- Regression
- Probability
- Decision Theory
- Stochastic Processes
- Biostatistics
- Non-Parametric Statistical Inference

- Williams College
- High Point University
- Harvard University
- Amherst College
- Columbia University
- Calvin University
- Dordt University
- Xavier University
- Bryant University
- Florida Southern College

- Data Analytics Certificate
- Statistics Certificate
- Mathematics
- Applied Statistics and Mathematics
- Actuarial Science and Financial Engineering

**Statistician**- They have to apply theoretical models in statistics on real-world problems and will have to collect the data necessary for this purpose all the while generating comprehendible knowledge from the same and using it to make better decisions in business.

Median Salary: $93,290**Mathematician**- While Statisticians gather statistical data, Mathematicians have to gather mathematical data and correlate them with other evidence to form mathematical techniques that can solve business problems and aid in better decision-making skills for businesses. Median Salary: $93,290**Big Data Analyst**- They have the duty of studying the business market by gathering, observing, understanding, and explaining the data available and basing future decisions based on them. They will have to research the data they have carefully collected and then work on them. The job mostly has a theoretical framework along with the application of these theories into real life. Median Salary: $79,527**Actuary**- They use Mathematics, Statistics, and other Financial Theory to estimate the financial drawbacks of risks and uncertainty. Their job is to minimize the cost of the risks that companies take. This is an exceptionally important job in insurance companies and hence Median Salary: $111,030**Claims Adjuster**- They evaluate insurance claims for insurance companies in order to determine who is liable. This job also includes verifying insurance claims by going through police reports, reviewing witnesses, and finding other evidence relating to the episode. Median Salary: $68,130**Logistics Specialist**- They have to deal with shipment deliveries and other preparation of goods. They also have to keep track of schedules relating to transactions, inventory records and manage maintenance programs. Median Salary: $76,270**Budget Analyst**- They have to deal with the rejection and approval of budget proposals by weighing the pros and cons of each budget plan. They have to also keep track of fund requests and often defend the proposals that work in favor of the job market and contribute to the final budget proposed and reach an agreement with the management regarding the same. Median Salary: $78,970