Who is a Statistician?
Facts are stubborn things, but statistics are pliable ~ Mark Twain
Do you have a passion for playing with numbers? Are you someone who is curious about statistical methods and apply them to practical use? Then being a statistician is a possible career option for you. Not only that the profession of a statistician also opens opportunities in multiple fields like engineering, science as well as business. Statistician careers are good choice for those who enjoy applying numbers in their lives. It is a field where you can get to practice the science of using data to make practical decisions. Do you want to know about how to become a statistician or what do statisticians do? Then stay tuned with us know about the career as statistician.
Individuals who opt for a career as statisticians are professionals who have studied commerce subjects and opted for a profession that requires interpretation of data using analytical skills. Statistician are responsible for designing surveys, experiments and opinion polls to collect data. You might have heard about the international surveys or opinion polls. The statisticians use sampling methods for statistical analysis jobs. They collect data from a particular group of people. Individuals who opt for a career as a statistician are responsible for determining the size and type of groups or samples for the survey or poll.
Statistician in a Nutshell
Individuals who opt for a career as statisticians are mathematicians who uses his or her analytical skills to interpret data and draw conclusions. Statistician work in an office environment. Individuals who opt for a career as an statistician may occasionally require to travel to supervise surveys or gather data. The profession of statistician relies on the need of gathering data to plan strategies. On the basis of analysis a statistician also recommends the strategies to improve the services, products and increase its reach to target audience.
Quick Facts for Statistician
Average Salary in India
Male, Female, Others
Individuals can take up a career as statisticians, it is not gender-specific. Males, women, and others can choose a career as statisticians. It is suitable for everyone irrespective of gender. Anyone can become a statistician with appropriate education and a strong interest in statistics and algorithms.
Any special needs
Everyone, including those with physical disabilities, is appropriate for individuals who opt for a career as statisticians. The career as statisticians is well suited to everyone, even those with special needs. It is suitable for candidates with special needs. Most of the jobs offered in this career are desk jobs that require less physical movement. That is why, the candidates with special needs perform better in this profession.
Table of Contents for Statistician
What is the role of Statistician?
Individuals who opt for a career as statisticians prepare the reporting forms which include survey questionnaires for the collection of data. Statisticians are responsible for writing instructions for workers involved in data collection, tabulation and statistics job. There are numerous ways for conducting a survey. It may be mailed, or conducted over phone. It may be collected through online polls or some other means. Individuals who opt for a career as a statistician are responsible for analyzing the collected data. Statisticians calculate averages, reliability and other specifics for data analysis. They check the reliability of data by testing it. Statisticians are responsible for explaining the limitations of the data to prevent inaccurate conclusions. Individuals who opt for a career as statisticians identify the trends and relationships. Statisticians work on a computer using statistical software to analyze data accurately and efficiently. Statisticians prepare a report that includes tables, charts and graphs to represent it to other team members. They recommends the methods to improve the design of future surveys.
Individuals who opt for a career as statisticians are responsible for using statistical methods to solve specific problems related to various fields such as economics, biology and engineering. They need to analyse or interpret statistical data to identify significant differences among related sources of information.
Individuals who opt for a career as a statistician are responsible for applying sample techniques. They utilize the complete enumeration bases to determine and define group surveys. They develop and test experimental designs, sampling techniques, and analytical methods.
Individuals who opt for a career as statisticians are responsible for designing research projects. They ensure the research projects apply appropriate scientific techniques and utilize information based on historical data or baselines. Statisticians are responsible for structuring efficient and accurate analyses.
Individuals who opt for a career as a statistician evaluate the statistical methods and procedures used to obtain data. They ensure the obtained data is valid, applicable, efficient and accurate. Statisticians examine the theories to discover new and improve methods of obtaining numerical data and its evaluation.
Individuals who opt for a career as statisticians identify the relationships and trends in data. They identify the factors that could affect the results of the results. Statisticians plan the data collection methods for specific projects such as determining the size and type of sampling groups. Individuals who opt for a career as a statistician process the large amounts of data required for statistical modeling and graphic analysis.
Types of a Statistician
Data Analyst: A data analyst is responsible for collecting and processing a large number of datasets. He or she performs statistical analyses on a large number of datasets. Individuals who opt for a career as data analysts analyzes the data to find out how it can be used to solve problems. Designing and maintaining data systems and databases; this includes fixing coding errors and other data-related problems. A data analyst performs data mining. He or she reorganises the data in a way that it could be easily read by machines and humans. A data analyst stays aware of the trends and patterns valuable for predictive analytics and diagnostics.
Financial Analyst: A financial analyst is responsible for examining financial data. A financial analyst uses his or her knowledge and findings to increase the profits of companies and decrease the risk factor involved in business strategies. A financial analyst helps companies to make business decisions. He or she gathers data, organises information, makes recommendations and prepares reports and presentations.
Actuary: An actuary is responsible for measuring and managing the uncertainty and risk involved in businesses. An actuary possesses expertise in asset management, liability management and valuations skills. He or she utilises his or her knowledge of mathematics and statistics, and financial theory to study uncertain future events. An actuary uses statistics and modeling software to forecast the probability of occurrence of an event and potential cost of the event if it does not occur. An actuary plays a crucial role in the policymaking and insurance industry.
Data Scientist: A data scientist goes through several logs, repositions and other forms of data in order to understand consumer behaviour and take out insights. This is just one example of data science, there are several other tasks that a data scientist does and the field is constantly growing. A Data Scientist's work activity centres around the information. Depending on the data analysis, they help the organization make the right decisions and strong marketing strategy in the global marketplace. These days in the technological and software world, data science is the new and mostly used lingo.
What is the workplace/work environment of Statistician like?
Individuals who opt for a career as statisticians work in an office environment, or at home. Statistician careers come with work from home comfort. It solely depends on the organization to allow its employees to work from home or not. Statisticians often require to travel to test the reliability of sources of data. They occasionally be required to travel to attend meetings and conferences. Statisticians work full-time.
Does Statistician require travelling?
The statistician careers may occasionally require travelling to attend meetings or checking the reliability of surveys by visiting the places from where data has taken.
Full Time, Work From Home
Candidates are likely to get work from home in the statistician careers. Mostly candidates work full time. The career does not provide employment for on-call or hourly basis work.
The statistician careers provide employment on both permanent and contractual terms. The duration of the contractual term entirely depends on the organization and its requirements. It may be as short as 3 months or a longer contract period to serve for the next five years.
Home Office, Virtual Workplace
In the career as statistician, some statisticians work independently, some work for professional agencies and some as part of a team. Many statisticians collaborate with coworkers on assignments or consult with customers around the world. They can set up their office completely as they like in their living room, but they will need to be prepared to travel to meet clients and working conditions can differ depending on the type of client or business they deal with.
Presence in Geographical Area
There are alluring job opportunities in metro cities such as Bengaluru, Delhi, Chennai, Kolkata, Pune and Mumbai. These cities are the IT hubs. Businesses and organizations require the services of statisticians for analysis and interpretation of data to increase the profits and minimize the risk factors in businesses. Individuals who opt for a career as a statistician work mainly in urban and semi urban areas.
Time pressure is considered moderate in the profession. Individuals who opt for a career as statisticians are generally required to work from 9 am to 5 pm, five days a week. They typically work for 35-40 hours per week and are required to work from the organisation’s premises. Hence, it can be said that all economists work full-time, however, some may combine part-time consulting with teaching.
Individuals who opt for a career as a statistician are hardly required to work overtime. Generally, they work according to their time schedule and weekends are off. Apart from this, economists might require occasionally to work overtime to meet a particular project deadline.
Weekly Hours of Work
Min 40 Hours
Usually, individuals who opt for a career as statisticians work around 40 hours a week. However, the work hours may sometimes stretch due to deadlines or excess work pressure. Statisticians are employed by government departments, businesses and consulting firms, pharmaceutical companies, private firms, research organisations, health care organisations, insurance companies and NGOs.
How to become a Statistician?
What are the skills and qualities required to become a/an Statistician?
When it comes to how to become a statistician, the first thing that they should know about are the skills required to become a statistician. Some of the essential skills we have mentioned below.
Analytical Skills: Individuals who opt for a career as statisticians need to perform analysis on statistical data. Statisticians must be able to detect patterns and anomalies in data. Statisticians have to test data and ensure it is accurate and taken from reliable sources.
Technical skills: Individuals who opt for a career as a statistician use analytical software for the collection and manipulation of data. Statistician require technical proficiency for algorithms and data analyzes. They must be able to analyse data on various analytical software and do statistical analysis jobs.
Communication Skills: Individuals who opt for a career as statisticians must have strong communication skills. They have to communicate the findings of the analysis with other members of the team or organisation. They have to prepare a report that includes a table and graphical representation of the data analysis. Statisticians must be able to verbally explain their findings and results of data analysis.
Leadership: Individuals who opt for a career as a statistician must possess leadership qualities and help other stakeholders to identify the trends and data points that make a big difference. Statisticians often require to work within a team. Statisticians have to ensure that no one feels left out in a team. The ideas and recommendations of each member of the team should be considered to solve a particular problem.
Also read - Skills required to become an economist
Which certifications and internships can be helpful in becoming Statistician?
Internships are a crucial part of career building. Freshers are required to opt for internships to learn the skills required in industry. They get industrial exposure through internships and it also increases the statistician job opportunity. The tasks assigned to an intern may vary as per his or her learning skills, requirements and size of the organisation. A junior statistician is required to assist in several tasks. He or she might be assigned to research on different prediction models to improve the existing products. He or she has to develop a state of art system for prediction. An intern might be required to assist in implementation of the latest research papers to improve correct systems. A junior statistician jobs are to work on machine learning models and develop algorithms using Python or R.
Career Path Progression for Statistician
Risk Analyst: A risk analyst is responsible for examining a firm's investment portfolios that include overseas investments, analyzes of risk factors in associated decisions. He or she projects potential losses and recommends strategies to limit risks such as diversification, currency exchanges and other investments.
Data Scientist: A data scientist designs data modeling processes. He or she develops predictive methods to draw the data required by businesses. A data scientist creates algorithms and analyzes the data. He or she shares insights with peers.
Subject Matter Expert: A subject matter expert is also known as SME. An SME is a professional who possesses a strong understanding of a particular process, material or type of equipment, function, technology or machine.
Marketing Research Analyst: A marketing research analyst is responsible for assessing the preferences of consumers. They help organizations to shape, advertise and market their products and services and other statistics work.
Actuary Manager: An actuary manager is responsible for managing budgets, prioritizing projects, and reporting on progress. He or she makes recommendations and provides guidance to organizational leadership.
Research Assistant: Research assistants provide support to professionals involved in experimentation or data gathering. He or she provides assistance in gathering data from various sources and its analysis.
Credit Risk Strategist: A credit risk strategist work revolves around the development of scorecard and its implementation. A credit risk strategist is responsible for interpreting the customer score and methods to improve the customer score.
Statistician Jobs and Salaries
Marketing Research Analyst
- Average Salary 28000
- Junior Level Salary 20000
- Senior Level Salary 75000
Marketing research analysts use their analytical skills to evaluate methods for data collection such as surveys, questionnaires, or polls. They prepare a report based on the analyses that include charts, graphs and other visuals for an effective understanding of product introduction, modifications and marketing campaigns.
The salary varies depending on the work experience and skills of a candidate.The entry-level salary could be two to four lakhs per year. The senior-level salary could be above nine lakhs per annum.
What is the job outlook for Statistician?
Individuals who opt for a career as statisticians apply statistical methods and models to solve real-world problems. A statistician plays a crucial role in an organization to solve business problems by determining the risk factors. Statisticians are employed in a range of industries. He or she finds employment opportunities in the areas related to business, health and medicine, government jobs or physical sciences. Various businesses and organizations require trained candidates to perform data analysis and interpretation. Statistician job opportunity is increasing rapidly.
An enormous amount of data is generated by constant internet searching and use of social media, smartphones and other devices. The demand for statistician careers are continuously increasing in businesses. Almost all commercial businesses require statisticians for organising, analysing, interpreting and computing data to reach conclusions. Statisticians use their analytical skills and recommend strategies to improve business processes, services, design and develop new products. Statistics career is increasingly demanded in pharmaceutical companies. Biostatisticians are required to conduct research and clinical trials for companies. As it will help them obtain approval for their products.
Frequently Asked Questions for Statistician
Que. Q. What is the fee charged by Indian Statistical Institute for the B.Stat. programme?Ans.
There is not any fee charged by the Indian Statistical Institute for B.Stat. programme. The students are required to qualify the entrance examination to get admission in the institute. It is one of the most prominent institutes for statistics. Students enrolled in the programme get a stipend of Rs. 3000 per month
Que. What are the industries that require the services of statisticians?Ans.
Statisticians are employed in federal government departments, pharmaceutical and healthcare industries, businesses, consulting firms, insurance companies, and agriculture industries.
Que. What is the average salary of a data analyst?Ans.
The average salary of a statistician varies with his or her experience and skills. The size of the organization may also affect the salary distribution. The average salary of a data analyst in India is Rs. 4.1 lakh per annum.
You might also be interested in
Career in Defence after Engineering - Check out all the ways through which the aspirant...
Career in Information Technology - Find the best IT career for you. Know what is Inform...
Career after ITI - Check out career options after engineering and non engineering ITI c...
Career after Polytechnic - Get complete details about career options after polytechnic...
Career options after B. Tech ECE - Check here the career and job opportunities that you...
Career options after B.Tech CSE - Check here the career and job opportunities that you ...
Career options after B.Tech - Know all about career, scope, jobs, salary and exams aft...
Select your reason of reporting