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Overall, if it is a major you can do well and enjoy yourself in, yes, statistics is a great major. Combine it with other majors like finance or economics or research-oriented disciplines like psychology, it'll be really good training for you.
The Bureau of Labor Statistics reports that the demand for statisticians and mathematicians is expected to grow by a phenomenal 33% from 2016 to 2026. However, the high demand for statisticians is thought to outpace this growth!
How Much Does a Statistician Make? Statisticians made a median salary of $87,780 in 2018. The best-paid 25 percent made $113,670 that year, while the lowest-paid 25 percent made $67,440.
Job prospects for statisticians are projected to be very good. An increasing number of jobs over the next decade will require high levels of statistical knowledge. Job opportunities are expected to be favorable for those with very strong quantitative and data analysis skills.
The rising reliance on data and the need for high-level analysis in many industries means that statistics majors are increasingly in demand in every sector. Consider these 10 possible career paths with a statistics degree: Market Researcher. Financial Analyst.
Mathematical statistics can get really hard, but a good teacher makes the world of a difference. To do mathematical statistics, can be difficult b/c you have to understand real analysis very well to go on and master the measure theory needed. But generally, one only gets those courses in PhD level programs.
The major itself is hard work, but it is also fun. You end up taking almost as many math courses as a math major and most statistics majors also load up on computer science and sometimes areas like economics or biology if they have that bent.
And calculus is the basis for differential equations, mathematical physics, and even differential geometry, which is a very difficult subject. By contrast, BASIC statistics can be taught entirely visually, and rely on computers to do all the heavy lifting. At that level, stats is a breeze.
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