AboutLeo Lingham Expertise management consulting process, management consulting career,
management development, human resource planning and development,
strategic planning in human resources, marketing, careers in
management, product management etc
Experience 18 years working managerial experience covering business planning, strategic planning, corporate planning, management service, organization development, marketing, sales management etc
PLUS
24 years in management consulting which includes business planning, strategic planning, marketing , product management,
human resource management, management training, business coaching,
counseling etc
Expert: Leo Lingham Date: 5/24/2008 Subject: career counselling
Question Hi i waanna know what are job ,scope, prospects, and future of having msc (masters in mathematics & statistics).
where can i aplly aft completing that ...i mean which companies,industies require my expertise and what will be initial pay package to maximum pay package . And is my job scope limited to teaching only or is it practically applicable in corporate field. Is my knowledge directly applicable in industies ? what are its scope in india and abroad (US)
Answer ALOK,
HERE IS SOME USEFUL MATERIAL,
REGARDS
LEO LINGHAM
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Statistics is the scientific application of mathematical principles to the collection, analysis, and presentation of numerical data. Statisticians contribute to scientific inquiry by applying their mathematical and statistical knowledge to the design of surveys and experiments; the collection, processing, and analysis of data; and the interpretation of the results. Statisticians may apply their knowledge of statistical methods to a variety of subject areas, such as biology, economics, engineering, medicine, public health, psychology, marketing, education, and sports. Many economic, social, political, and military decisions cannot be made without statistical techniques, such as the design of experiments to gain Federal approval of a newly manufactured drug.
Job Characteristics
Use data to solve problems in a wide variety of fields
Apply mathematical and statistical knowledge to social, economic, medical, political, and ecological problems
Work individually and/or as part of an interdisciplinary team
Travel to consult with other professionals or to attend conferences, seminars, and continuing education activities
Advance the frontiers of statistics, mathematics, and probability through education and research
JOB OPPORTUNITIES ARE MANY, AS SHOWN BELOW
*Actuary *Estimator *Mathematician *Appraiser *External Auditor
*Numerical Analyst *Bank Examiner *Financial Aid Director
* Operations Research Analyst *Benefits Administrator
*Financial Manager *Payroll Manager *Budget Analyst
*Financial Planner *Production Manager *Claims Adjuster
*Foreign-Exchange Trader *Psychometrist *Commodities Trader
*Information Scientist *Purchasing Agent/Buyer *Computer Programmer
*Insurance Agent/Broker *Quality Control Analyst *Contract Administrator
*International Trade Specialist *Securities Broker *Controller
*Inventory Control Specialist *Statistician *Cost Estimator
*Investment Analyst *Systems Analyst *Credit/Loan Officer
*Investment Researcher *Teacher *Cryptologist * Investigator
*Technical Writer *Data Base Manager *Management Trainee
*Treasurer *EDP Auditor *Market Research Analyst *Trust Analyst
*Engineering Analyst *Mathematical Technician *Underwriter
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Private Organizations
AEROSPACE COS.
MARKET RESEARCH FIRMS
BANKS
MORTGAGE COS.
UNIVERSITIES RESEARCH
PHARMACEUTICALS
COMPUTER FIRMS
RESEARCH & DEVELOPMENT FIRMS
ENGINEERING FIRMS
SCHOOLS
INSURANCE COS
STOCK BROKERS
INVESTMENT FIRMS
TEST DEVELOPMENT CORPORATIONS
ECONOMIC RESEARCH FIRMS
SOCIAL RESEARCH INSTITUTES
GALLOP POLL FIRMS
MANUFACTURING FIRMS
UTILITIES
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GOVERNMENT AGENCIES
Bureau of Labor Statistics
Defense Logistics Agency
National Institute of Standards & Tech
Employment & Training Administration
Health Care Financing Administration
Transportation Department
Weights and Measures Office
Economics Management OFFICE
ISRO
ATOMIC AGENCY DEPARTMENT
ETC ETC
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Skills
Quantitative Skills
Statistics, Mathematics, Science
Problem Solving Skills
Analysis, Teamwork
Communication Skills
Verbal, Written
Computer Programming Languages
Foundation in Field of Application
Opportunities
Diversity
Pure Research
Interdisciplinary Teams
Advancement
Experience, education, and communication skills lead to professional advancement
Versatility
Challenging and Exciting Fields of Application
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WHERE ARE THE OPPORTUNITIES.
Manufacturing
Build products and deliver services that satisfy consumers and increase the corporation’s profit margin
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Marketing
Design experiments for new products, conduct focus groups and sample surveys, and perform field experiments in test markets to determine product viability
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Engineering
Make a consistent product, detect problems, minimize waste, and predict product life in electronics, chemicals, aerospace, pollution control, construction, and other industries
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Statistical Computing
Work in software design and development, testing, quality assurance, technical support, education, marketing, and sales to develop code that is both user-friendly and sufficiently complex
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Epidemiology
Work on calculating cancer incidence rates, monitor disease outbreaks, and monitor changes in health-related behaviors such as smoking and physical activity
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Public Health
Prevent disease, prolong life, and promote health through organized community efforts, including sanitation, hygiene education, diagnoses, and preventative treatment
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Pharmacology
Work in drug discovery, development, approval, and marketing, to ensure the validity and accuracy of findings at all stages of the process
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Genetics
Label possible indicators of genetic abnormalities, such as birth defects and early aging, or breed desirable characteristics in plant offspring
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Education
Teach K-12 through post-graduate students, assess teacher effectiveness, or develop statistical models to represent student learning
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Science Writing & Journalism
Work with mass media, universities, and corporations to produce news briefs, articles, news releases, and other reports
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Government
Work in regulations for stock trading, pollution, and drug approvals, or testify in court proceedings, congressional hearings, and lobbying arguments
Survey Methods
Collect data in the social sciences, education, law, forestry, agriculture, biology, medicine, business, and
e-commerce, and for the government
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Law
Analyze data in court cases, including DNA evidence, salary discrepancies, discrimination law suits, and disease clusters
Ecology
Address questions about the earth’s natural environment, including animal populations, agricultural protections, and fertilizer and pesticide safety
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AS FOR THE SALARIES
IN USA, AT THE ENTRY THE RANGE IS
[ 50,000 -- 70,000] DOLLARS ANNUALLY
depending on the position / opportunities.
AS FOR THE SALARIES
IN INDIA , AT THE ENTRY THE RANGE IS
[ 90,000 -- 150,000] RUPEES ANNUALLY
depending on the position / opportunities.
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