Ministry of Business and Innovation - Occupation Outlook

Occupation Outlook | Main MBIE Site

Statisticians

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Income
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Fees
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Job Prospects

Job Prospects... At a glance

Job prospects for statisticians are average. Employment numbers are projected to rise, and experienced statisticians are in high demand, but there are few entry-level openings for new graduates. Statisticians have very high incomes.

How to become a statistician

What they do

Statisticians use statistical methods to analyse and report information for a range of purposes, often to do with identifying trends and changes that can help improve decision-making for the future. They work for a range of organisations, mostly in the government or business sectors.  

Qualifications

To become a statistician, you usually need at least a bachelor’s degree in a subject with a large quantitative component, such as statistics, mathematics or econometrics. Many statisticians also have postgraduate degrees and it is not uncommon for them to have degrees in another subject as well.

In order to work in the related occupation actuary, you also need to pass exams set by the UK Institute of Actuaries.

UK Institute of Actuaries: https://www.actuaries.org.uk

Cost of study

Bachelor of Science
$19,000 over three years

Approximate costs in 2016 for domestic students. Costs vary between institutions. Further costs include materials, textbooks, and accommodation.

Students completing a Bachelor of Science are usually able to major in a subject relevant for statisticians, such as mathematics or statistics.

Rents vary from place to place. Estimated market rents by region, city and suburb are available on the MBIE Tenancy Services website.

The StudyLink website provides general budget advice for students, and the Sorted website provides help with detailed budget planning.

Tenancy Services: www.tenancy.govt.nz/rent-bond-and-bills
StudyLink: www.studylink.govt.nz
Sorted: www.sorted.org.nz/calculators/money-planner

Where to study

Most universities in New Zealand offer a Bachelor of Science with the option of majoring in statistics or related subjects.

Income and employment prospects

Income

In 2016, the average annual income for statisticians is estimated to be around $85,500.

Estimated Average Income
$85,500

Source: MBIE estimates based on Statistics NZ Census and Labour Cost Index

Employment and skill shortages

Statisticians’ employment

HistoricProjected Growth
2006 2013 2020 2025
828 909 1,119 1,246
  1.3% 3.0% 2.2%

Source: Statistics NZ Census and MBIE projections. Percentages are compound annual growth rates.
* Growth projections are based on the broader category “Information and Organisation Professionals”.

The number of statisticians in employment grew between 2006 and 2013. Growth is projected to continue at more than 2% per year out to 2025.

Most employers are looking for experienced statisticians when they are hiring, so it can be hard for new graduates to find an entry-level job.

Employment chart

  

Source: Statistics NZ Census and MBIE projections

Outcomes after qualification completion*

OverseasIn further studyReceiving a benefitIn employmentMedian Salary
31% 20% 0% 60% $55,500

Source: Ministry of Education
*Two years after completion of Masters - Mathematical Sciences. ‘Overseas’ refers to the percentage of ALL graduates completing this qualification. Other indicators refer only to graduates living in New Zealand.

Two years after completing a master’s degree in mathematical sciences, most graduates were in employment. A significant portion was in further study, and many were overseas. Very few were receiving benefits, and the median salary was around $55,500 two years after completing the degree.

Statisticians are not on Immigration New Zealand’s skill shortage lists.

Immigration NZ, skill shortage list: skillshortages.immigration.govt.nz

Where to find job vacancies

The number of job advertisements for the broader group ‘Actuaries, mathematicians, and statisticians’, has grown for the last two years. Like the average for all vacancies, the number of job advertisements for this group was about 20% higher in April 2016 than in April 2008.

Jobs advertised chart

Source: Ministry of Business, Innovation & Employment

Statistician vacancies are advertised through public media such as Trade Me Jobs and Seek.

Trade Me Jobs: www.trademe.co.nz/jobs
Seek: www.seek.co.nz

Career path

Statisticians work for government agencies, such as Statistics New Zealand, and private organisations such as banks, insurance companies, and research companies.

As it is useful for statisticians to have knowledge of the subjects they work on, many specialise in a particular area (for example, insurance, health, agriculture). Because they need knowledge of their specialist field, it is often useful for statisticians to do another degree in addition to statistics.

Some statisticians progress to team leaders or managers.

Related occupations

The following occupations are related roles or alternative titles. Some of the roles may require a higher level of skill than entry-level statisticians.

  • Actuary
  • Analyst
  • Demographer
  • Econometrician
  • Economist
  • Finance Manager
  • Mathematician

Other information

Links

More information on statisticians is available on the Careers New Zealand website.

Careers New Zealand: www.careers.govt.nz

ANZSCO

The Australian New Zealand Standard Classification of Occupations (ANZSCO) is the official classification of occupations in New Zealand.

The occupation of statisticians has been coded to the following ANZSCO code for the purpose of this report:

2241 –Actuaries, Mathematicians and Statisticians