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What are some professions that would fit my interests in statistics and probability?

I enjoy math and my two favorite subjects are stats and probability so I'd like to know what career paths are open to me. #statistics

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Thank you comment icon Data Scientist is probably the major one and the one with the most job prospects. Actuary and Biostatistician are two other possibilities. It's important to note that doing stats and probability for a living means you have to know programming. None of these jobs do statistics just on pencil and paper. Aron Treviño
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Jody’s Answer

I majored in statistics/mathematics in college and discovered a career in medical research, which led to a job in the pharmaceutical industry after I got my Master degree in Biostatistics. My technical job title is "biostatistician". We analyze clinical trial data on new medications, combination medications, and new disease areas. We help collect data on patients taking our medicines and compare their outcomes with patient who are taking a competitors medicine or taking a background medicine. Once the data is all collected, we analyze to determine if our medicine was beneficial to this patient population.

On a daily basis, I use my statistical knowledge, but this position also challenges my organization skills, communication skills, time-keeping skills, leadership skills, and planning skills. Often times I find myself in a "teaching" role as I explain statistics to non-statistician and clinicians. So it's not all "behind a computer" work and requires great interaction with many colleagues of various backgrounds (clinicians, regulatory scientists, drug manufacturing, data managers, project managers, medical writers, etc). Studying new science and new medications is extremely rewarding.
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Michael’s Answer

Hi Stephen,


I worked for an insurance company for a while during college and after college and there is a job called an Actuary. This is a person that compiles data to understand the risk probability of humans and businesses to set insurance rates and premiums. It is a very important job and it works perfectly for someone who has a passion for statistics and probability. I would try to set up a time to speak with an actuary to discuss what they do on a day by day basis and see if it aligns with your passion.


Thank!


Mike
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Julie’s Answer

Hi Stephen,

If you enjoy statistics and probability, a career in industrial & systems engineering might be a good fit! This was my field of study during college. Industrial engineering focuses on efficiency, lean manufacturing, optimization of processes, and improving integration between people and systems. What I enjoy most about this field is the integration between statistical analysis and problem solving. So, if you enjoy solving problems though the application of your statistical knowledge, check out a career in industrial & systems engineering!
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Tommy’s Answer

I used statistics to determine probability of hit for ballistic weapon systems. As an engineer, I designed weapon systems for the military. I later found the application of statistics to buying/selling stock options was VERY rewarding financially. I believe some of the big brokerage and financial firms will use your skills while paying you much more than any other field. Besides you maybe able to retire early!
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