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  #1  
Old 11-02-2014, 11:16 PM
alwaysseamus alwaysseamus is offline
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Default Why don't more people become statisticians/ go into big data?

I'm a bit surprised with how much difficulty people have finding actuary jobs, that more people don't go the route of data analysis. It seems like the analytics/big data field is hot now, are the two jobs that much different/ require a much different skill set and interests?

Why would someone who likes math go towards actuary positions instead of the other jobs that seem really hot right now?
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Old 11-02-2014, 11:17 PM
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Mostly because they lack the knowledge/ability.
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Old 11-02-2014, 11:17 PM
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Well, I can answer the statistician portion.

You usually need a M.S. in math and/or statistics to qualify as a statistician, at the very least.

And unfortunately, the great majority of actuarial science major programs do not prepare one for that sort of coursework.
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Old 11-02-2014, 11:18 PM
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Well, I can answer the statistician portion.

You usually need a M.S. in math and/or statistics to qualify as a statistician, at the very least.
No you don't. That's like saying you need a college degree to bake a cake. Or a college degree to skin a goat.
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Old 11-02-2014, 11:21 PM
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No you don't. That's like saying you need a college degree to bake a cake. Or a college degree to skin a goat.
Bureau of Labor Statistics: http://www.bls.gov/ooh/math/statisticians.htm

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Entry-Level Education: Masterís degree
The great majority of positions that I have searched for under "statistician" require a M.S. in math/statistics.
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Old 11-02-2014, 11:25 PM
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Bureau of Labor Statistics: http://www.bls.gov/ooh/math/statisticians.htm



The great majority of positions that I have searched for under "statistician" require a M.S. in math/statistics.
Go back to your post. Read it again. Do you need a masters degree to become a statistician? You've done math. You should know what it means to be necessary. The main reason why actuaries aren't going into this is because they lack the ability. It's not because they don't have masters degrees.
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Old 11-02-2014, 11:26 PM
clarinetist clarinetist is offline
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Go back to your post. Read it again. Do you need a masters degree to become a statistician? You've done math. You should know what it means to be necessary.
I did qualify the post with "usually."
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Old 11-02-2014, 11:27 PM
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I did qualify the post with "usually."
A person with a masters degree in statistics who also sucks at statistics would also not qualify. Do you understand me now?
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Old 11-02-2014, 11:29 PM
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A person with a masters degree in statistics who also sucks at statistics would also not qualify. Do you understand me now?
I don't. I was merely stating that the great majority of statistician positions, IME, have a M.S. in Math/Statistics as a minimum requirement.
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Old 11-02-2014, 11:30 PM
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I don't. I was merely stating that the great majority of statistician positions, IME, have a M.S. in Math/Statistics as a minimum requirement.
When you start seeing how hiring decisions are made you'll see that most candidates that get through don't meet all of the bullet points that are listed on the job description.
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