What are the best career options after MSc statistics? |
Posted: July 18, 2019 |
If you have graduated in statistics and want to bolster your statistical knowledge further, then an MSc in statistics programme is perfect for you. It is a two-year postgraduate course that covers concepts such as tableau, R-programming, computational statistics, etc. which are used to collect and interpret statistical data. After learning these concepts, your profile will be in high demand in the market. It is because top companies want to recruit students who can drive profitable action from data. Therefore, MSc in Statistics equips you with skills and knowledge, which will be beneficial for your career. If you are wondering about the kind of job profiles companies you can pursue, we have listed down a few. Have a look. 1. Data analyst As a data analyst, your role is to collect data and perform statistical analysis on it. You will analyze it with programming software like R and number crunching. Based on the information gathered, you can provide solutions to your company, which helps them make better decisions. The decisions are dependent on factors like reducing the company’s cost, increasing productivity, analyzing market prices of goods, managing transportation costs, etc. You can also work for an analytical firm, where companies outsource the work above. 2. Market research Over the years, statistics have had an increasing influence in the field of marketing. Hence, the role of market research has been made explicitly for statistics graduates who wish to pursue a career in marketing. If you work in this role, you will study about the audience’s online and offline behaviour regarding a particular brand. Based on the gathered data, you will conclude using statistical marketing techniques like research, surveys, experiments, etc., learned in M.Sc statistics. It will help the brand in marketing aspects like lead generation, brand awareness, customer satisfaction, etc. 3. Statistical programmer If statistical programming happens to be your strongest suit, you can make a career in it. Many IT companies and analytical firms look to recruit statistical programmers to work on their data-based projects. They expect the programmers to be competent in some of the following languages - ? R ? Python ? Java ? SQL ? SAS Through more experience in programming, your skillset will be highly valued in the statistical industry and lead to more opportunities. These are some of the best career options you have after graduating from one of the best MSc statistics colleges in India. You can choose the one that aligns with your qualities. All the best!
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