I am keen on choosing statistics as my future course of study.What are my job prospects and whats the pay scale?Is it good enough?
What prospects are there if I study statistics? What is the pay scale of a statistical analyst?
A good profession to get into with a stats degree is a career as an actuary. You'd be working for insurance companies helping to predict the monetary risks associated with different sorts of accidents / disasters / etc that people buy insurance on to protect against. There is no statistical industry, and therefore no clear pay scale. It really depends on what industry you work in. Even though it's not an industry on its own, it is a key support position in a large number of industries.
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