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Careers in Applied Statistics and Data

Career Landscape for Professionals with a Master’s in Applied Statistics

Opportunities for Data Professionals

Professionals with data analytics skills have the opportunity to work in any industry that excites them and solve problems that not only require specialized skills and training, but also imagination and creativity. The rise of big data is driving the growing demand for these professionals in both the public and private sectors.

The ability to act on data lags far behind the ability to collect and store data, which is why statisticians, business analysts and other data science professionals are in high demand. They can make big data actionable to improve decision-making. From helping governments reduce hunger to helping insurance companies establish viable rates, these specially-trained professionals play a vital role across all sectors of society.

What Data Experts Do

Data experts try to answer questions by collecting, analyzing, and interpreting data to gain actionable insights. Their work typically involves using computer software to organize the data and review it for inaccuracies. From there, they may create models, make predictions, or look for trends that indicate opportunities or problems. Data experts often translate and communicate their findings to leadership teams, and may be involved in creating new strategies to solve problems and overcome challenges.

Where Data Experts Work

Functional areas that require data analysis skills include:

  • Accounting and Finance
  • Human Resources
  • Business and Administration
  • Information Technology
  • Marketing, Advertising and Sales
  • Supply Chain and Operations
  • Research and Development
  • Customer Service

Dozens of industries rely on data. Among the top sectors for data analytics are:

  • Financial Markets
  • Gambling and Betting
  • Insurance
  • Retail Banking
  • Mining and Resources
  • Consumer Products
  • Healthcare and Pharmaceutical
  • Energy
  • E-Commerce
  • Web Analytics

Data experts hold a range of positions and have titles that include:

  • Credit Analyst
  • Compliance Manager
  • Statistician
  • Business Intelligence Manager
  • Quality Engineer
  • Marketing Analyst
  • Supply Chain Manager
  • Financial Planner
  • Data Scientist
  • Director of Business Development
  • Biostatistician
  • Insurance Researcher
  • Communications Manager
  • Data Modeler
  • Environmental Scientist
  • Network Administrator
  • Pharmaceutical Engineer
  • Sales Engineer
  • Data Analyst
  • Systems Analyst

Request Information

To learn more about the University of Delaware’s online Master of Science in Applied Statistics, fill out the fields below to download a free brochure. If you have additional questions, please call 844-247-6251 to speak with an Admissions Counselor.

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