Job prospects: real analysis vs statistics

In summary, the decision between taking real analysis or statistics in a second year science degree majoring in physics depends on the type of job you are aiming for. Majoring in mathematics would be more beneficial for a career in physics research, while majoring in statistics would be better suited for jobs in finance or data science.
  • #1
phosgene
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Hi guys, I'm entering my second year of a science degree majoring in physics. I'm torn between taking real analysis or statistics this year. Which ever one I take will heavily influence my second major (if I don't take real analysis then its statistics or applied maths. If I do take it then it's pure maths or applied maths). On the one hand, the physics department recommends that I take real analysis, plus I'm just generally interested in pure maths. On the other hand, I'm not looking to be an academic or anything. I want a degree that will help me a land a decent job. Given that I do plan on doing an extra year of honours in physics, which entails coursework and research in physics, would majoring in statistics help me get a better job as opposed to pure/applied maths? Or would it not really matter?
 
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  • #2
It ultimately depends on what type of job you are looking for. If you are looking for a job in physics research, then majoring in mathematics (including pure and applied) would be more beneficial for you. If you are looking for a job outside of research in physics, such as a role in finance or data science, then majoring in statistics would be the better option. Ultimately, it is up to you to decide which route you want to take, but it helps to understand how each one could benefit you in the long run.
 

FAQ: Job prospects: real analysis vs statistics

What is the difference between real analysis and statistics?

Real analysis is a branch of mathematics that deals with the study of real numbers and their properties. It involves concepts such as limits, continuity, differentiation, and integration. Statistics, on the other hand, is a branch of mathematics that deals with the collection, analysis, interpretation, and presentation of data.

Which field has better job prospects: real analysis or statistics?

Both real analysis and statistics have good job prospects in various industries such as finance, data analysis, and research. However, the demand for statisticians has been increasing in recent years due to the growth of data-driven industries. Real analysis skills are also highly sought after in fields such as physics, engineering, and computer science.

Are there any specific industries that prefer candidates with real analysis or statistics background?

Industries that involve large amounts of data, such as healthcare, finance, and technology, often prefer candidates with a strong background in statistics. Real analysis skills are highly valued in fields that require advanced mathematical and analytical abilities, such as physics, economics, and engineering.

What job roles are available for those with a background in real analysis or statistics?

Real analysis and statistics skills are applicable in a wide range of job roles, including data analyst, market researcher, financial analyst, statistician, actuary, and research scientist. These roles can be found in various industries such as government agencies, consulting firms, research institutions, and private companies.

Do real analysis and statistics skills complement each other in the job market?

Yes, real analysis and statistics skills complement each other in the job market. A strong understanding of real analysis can enhance a statistician's ability to handle complex data sets and solve difficult problems. Similarly, a solid understanding of statistics can help a mathematician or physicist apply their knowledge to real-world data analysis and modeling.

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