Students who major in statistics are prepared to use data to solve problems in the real world. Learning how to gather and decipher complicated information can help majors contribute to public policy, commercial decisions, and other areas ranging from disease prevention to storm prediction. Moreover, students majoring in statistics learn how to collect, examine, and interpret data. Those who select this degree may be motivated to work in government, banking, or finance, among other professions. They can have a diverse range of interests because statistics are useful in so many different applications.
Study Statistics in Italy
Italy is home to a glorious history of countless civilizations and important people who left a mark on the country. Therefore, it is a country of knowledge where people have a lot to learn from. It includes the oldest universities, which are remarkable with their heritage and rankings. These Italian universities are working harder to internationalize and provide degree programs exclusively for students from other countries. There are currently more than 500 study programs offered in the nation that are taught in English. In addition, Italy is Europe's most affordable study destination. Larger universities typically assist in obtaining housing; with any luck, you might be able to get a room in an inexpensive student residence. Moreover, Italians are known as welcoming people, so you won't feel like a stranger. As for your major, Statistics is not a very demanded field to study in Italy. Therefore, university options are limited; most universities do not give a part for Statistics. However, the ones that have Statistics major aims to prepare junior experts and technicians for careers in the statistical field by training them to build, manage, process, analyze, and interpret data from various sources in order to produce the knowledge needed to support decision-making in the private and public bodies where statisticians work.
Advantages of Studying Statistics
The fact that Italy does not offer many statistics programs can be a benefit for you since this means that there is no variety of professionals in statistics. Thus, you can build a great career in Italy and become one of the rare statisticians that could be shined in the country. Additionally, Italian universities do their best to qualify the students with different educational methods to be successful statisticians and ready for work life.
Career Paths for Statistics Degree Major
A statistics degree can equip you to follow a number of fulfilling and important job choices. Jobs for statistics degrees are plentiful and could be found in a variety of industries, from marketing and finance to information technology, cybersecurity, and medical research. Here are some of the options a statistics graduate can head for;
Statistician: Statisticians handle a variety of issues and using mathematical and analytical techniques provide comprehending and resolving them. Accordingly, Politics and computer science are two areas where statisticians are employed. According to the U.S. Bureau of Labor Statistics (BLS), the median annual salary for statisticians was $93,290 as of May 2020. That is more than twice the $41,950 median yearly wage for all workers. Moreover, mathematicians and statisticians benefit from an auspicious job outlook. The average growth rate for jobs in these industries through 2030 is predicted to be 33%. The 8% prediction for all occupations throughout the same era is more than four times lower than this figure.
Data Scientist: Data scientists frequently concentrate on using modeling and analysis to resolve particularly challenging problems involving big data collections, both organized and unstructured. Along with other tools, they use data-focused programming languages and statistical software to illustrate issues and findings. The BLS estimates that the median annual salary for data science professionals is $103,930. According to O*NET, there is predicted to be favorable job growth for data scientists until 2030, with opportunities available expected to increase by at least 15%.
Financial Analyst: Financial analysts develop deep market expertise that they employ for research and statistical analysis. The ultimate goal is to effectively use the tools already in place to better financial outcomes, so they then share their findings. These specialists work with a variety of clientele, from small businesses to giant global corporations. According to the BLS, the typical annual salary for a financial analyst was $83,660 as of May 2020. Although the field as a whole is expected to have average job growth of 6% through 2030, there are hundreds of thousands of such positions in the U.S. due to the widespread need for this type of support.
Marketing Research Analyst: Market research analysts help organizations by analyzing both existing and new markets for their products, forecasting sales, drawing inferences from relevant historical data, and assessing the success of marketing initiatives. This is a well-liked job option for statistics majors among the many available ones. Market research analyst positions are expected to rise by 22% by 2030, outperforming many other data analysis fields, according to the BLS. This position's typical annual salary is $65,810, which is much more than the national average for all jobs.
Biostatistician: To generate analysis and reporting for disciplines including public health, medicine, and environmental research, biostatisticians integrate the living sciences and statistics. They choose the finest data-gathering techniques for the current project, develop studies and clinical trials, and do much more. According to O*NET, the average salary for biostatisticians in 2020 was $92,270.
Business Intelligence Analyst: Analysts in business intelligence use applied statistics to present clear pictures of current market conditions. An analyst may assess sales data to show how customers reacted to the launch of a brand-new product or the emergence of new competitors. This job entails creating analytical methods, identifying data anomalies, and validating incoming data. In 2020, the median yearly wage for business intelligence analysts was $98,230, according to O*NET. There will likely be a 15% increase in employment opportunities for graduates in applied statistics by 2030.
These are some opportunities for statistics degree graduates, but there are many more, indeed.
What Skills Do I Need to Become a Statistician?
It is obvious that one must rely heavily on the mathematical mind as a statistician. In addition to that, these are some of the skills you need to consider as a candidate;
- proficiency with computers and math
- a thorough comprehension of statistical concepts and terminology
- problem-solving skills
- analytical skills
- written and oral communication skills
- the capability to explain findings and results to non-statisticians
- the ability to influence others
- practical and strategic working methods
- a great level of accuracy and care for details
- the ability to set and meet deadlines for your work
- the ability to work both independently and in groups.
Some of these skills can be gained through experience, yet some are important to have. For instance, mathematical ability and computer literacy are a must.
Is Statistics Right for Me?
Statistics could be the right major for you if you are a skilled mathematician who sees yourself applying your skills in fields ranging from climate change research to accounting. Statistics majors may aspire to work in the business or government sectors. If you believe that you are keen on mathematics and the job opportunities are attractive, you may study statistics. If you still have confusion, you should fill out forms and benefit from our qualified education advisors. They will help you to remove the question marks and clear your mind.
How Long Does It Take to Become a Statistician?
Bachelor's degree in Statistics is three years in Italy. A Master's degree is two years.
The Best Universities to Study Statistics in Italy
As it is stated before, there are no various options in universities providing statistics programs. The only university that includes a statistics major is the University of Bologna which is the oldest university in the world. This university is the knowledge itself with hundreds of years of background, and although it is the only university providing statistics education, it serves the best education for the students. It has two degree programs; a bachelor's degree in statistical sciences; stats & math, and a master's degree in statistical sciences. The instruction language is both English and Italian, and there are many international students in the field.
Statistics Admission Requirements
For entrance into an accredited university in Italy, there are general qualifications that include:
- Possess a foreign high school diploma or bachelor's degree (for graduate students) demonstrating that you meet the requirements for enrollment in Italian higher education with a minimum GPA of 59% over the previous two years.
- Language skills in either Italian or English. The two most often used English tests are the TOEFL and IELTS.
- Logical and mathematical competences, strong knowledge of the English language (at least B1)
- The University of Bologna also applies entrance exams to assess mathematical level etc.