If you are interested in a career in technology, then you may be finding it hard to decide where you might like to specialize to get the most interesting and financially rewarding career. If you are looking to begin a bachelor’s degree program or you are already past that stage and are looking at post-graduate options, then one field that may well be good to look into is statistics.
In this article we take a look at why statistics can be such a desirable field for someone starting out in technology to get into at this point in time:
A Sector That is Highly in Demand
One of the most appealing things about statistics as a field is just how much it is in demand at the moment. It is a field that has become integral to a lot of businesses, and also to a lot of work in the public sector, such as in scientific research. Understanding all of the data that is now produced by online transactions, the internet of things and other technologies that are in common use, can give businesses an edge over their competitors, and the people who are involved in this part of companies’ practices need to be highly skilled. As a result, people who are qualified in statistics at degree level or masters level are very much in demand in a wide variety of industries leading to well-paid careers.
A Field Where You Can Innovate and Work with Cutting Edge Technologies
Statistics is a field where constant development is taking place, with new trending technologies including things like machine learning and neural networks that are reliant on statistics and data science. If you are interested in working in a field where you will not just be learning about existing methods and approaches but also perhaps shaping the way that things are done in the future and making new discoveries, then statistics could well be a field where you will remain interested for the length of your career. You will get to learn about and work with popular programming technologies like Python, which you will find are highly sought after in the workplace, and you will become adept at creating your own analysis approaches and statistical models, all of which can be interesting and satisfying.
How to Get Started
If you are looking to study for a STEM career then doing a degree like some of the popular applied statistics online courses that are available from some leading US colleges can open up the door to plenty of specialisms related to statistics. You can consider all kinds of roles with this type of degree including working with machine learning or working in data analysis in finance or marketing.
Statistics related fields were rated as the seventh biggest in employment growth last year, and it is likely that it will continue to be in high demand, so why not consider specializing in this high-value STEM field yourself?