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What are some of the jobs available for someone with an industrial statistics and mathematical finance degree?

Question:

What are some of the jobs available for someone with an industrial statistics and mathematical finance degree?

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Answer:

Industrial statistics assesses productivity and industrial performance, while mathematical finance uses mathematical methods to solve financial problems. Some of the possible career options may include the following, according to the U.S. Bureau of Labor Statistics (BLS)

  1. Cost estimator: You will collect and analyze data in order to estimate the time, money, materials, and labor required to manufacture a product, construct a building, or provide a service.
  2. Management analyst: You will recommend ways to improve an organization's efficiency.
  3. Logistician: You will analyze and coordinate an organization's supply chain, including to manage the entire life cycle of a product.
  4. Industrial production manager: You will oversee the daily operations of manufacturing and related plants.
  5. Financial analyst: You will provide guidance to businesses and individuals making investment decisions. You may specialize as a ratings analyst to evaluate the ability of companies or governments to pay their debts, with the possibility to advance to become a fund manager who will work exclusively with hedge funds or mutual funds.

For more information about industrial statistics and mathematical finance degree career options, check out this article: Finance & Statistics Double Major

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