Data Science Degree vs. Statistics Degree: Analyzing the Difference
Data Science Degree Overview
What Do Data Science Degree Graduates Do?
- Data scientist. A data scientist’s role can vary greatly depending on the industry, type of business, and business goals. Most data scientists establish the data analytics system’s foundation and build and design systems to increase data insights. They help organizations to make more informed business decisions, more effectively reach customers, and deliver better products and services.
- Financial analyst. Financial analysts help businesses and individuals to make investment decisions by providing financial guidance. They use their data savviness to assess investment performance and recommend investments, such as stocks and bonds, based on economic and business trends, industry insights, and other factors.
- Computer systems analyst. Also known as systems architects, computer systems analysts examine computer systems and technology infrastructure and design solutions to increase operating efficiency. Another important part of their role is bridging the gap between business and IT to address specific business needs.
Statistics Degree Overview
What Do Statistics Degree Graduates Do?
- Mathematical statistician. Mathematical statisticians use their math and statistics skills to analyze and solve problems for businesses, organizations, or government agencies across various fields, such as healthcare and engineering. Their numerical know-how can help predict trends, understand quantitative data, and make better business decisions.
- Biostatistician. Biostatisticians focus on analyzing living organisms and often work in lab settings in colleges or universities. They use their analysis to draw conclusions or make predictions that can help with research studies or clinical trials. They share their findings with the broader scientific community through research proposals.
- Research assistant. Typically found in social science or laboratory settings, research assistants use multiple data sources, such as the internet, documents, and surveys, to find and collect information. Their research helps to assist statisticians, professors, reporters, or other professionals leading research projects.