In general, statistics has a wide range of employment opportunities and the salary is not bad.
A master’s degree has a wider range of employment options and a slightly lower salary than a PhD; a PhD degree has a narrower employment range and higher salary. Note: The narrow term here actually means that after graduating with a PhD, you have a higher vision. Some people who can do basic (low-paying) jobs after graduating with a master's degree are not interested in them. Let me talk about the specific employment prospects in detail.
Generally, after graduating with a PhD in statistics, people will only go to two places, the Internet or finance (you ask me why? These two have high salaries). The financial companies mentioned here are limited to investment banks and hedge funds. This industry still likes to find PhDs in statistics.
According to my personal understanding, if the top 10 statistics graduates go to hedge funds, the starting salary plus bonus is 300,000 US dollars per year. Of course, if you do well in a financial company, your salary will increase very quickly.
The job prospects for master's degree students are also very broad.
Graduates majoring in statistics usually have good literacy in mathematics, computers and economics, so they can be used in corporate development strategy, product quality management, market research, financial analysis, economic forecasting, human resources management, etc. There are good development platforms in all fields.
Graduates can find employment in statistical positions, economic consulting, market research and analysis, etc. Graduates of biostatistics can perform statistical analysis in biotechnology and pharmaceutical companies, as well as work in medical institutions, securities analysts and insurance companies.
Applied statistics graduates can engage in mathematical research, statistical research, operations research, computer programming, mathematical analysis, accounting, securities analysis and other careers; mathematical statistics graduates can work in government departments, financial institutions and Employment in computer companies; financial statistics students can find employment in financial institutions such as banks, securities companies, investment funds, accounting firms, and insurance companies.