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Careers in Statistics

Where will a degree in Statistics take you? 

Find out what our Statistics graduates have gone on to do

Edith Karinthi-Durnez

Author

Edith Karinthi-Durnez

LSE Careers

Embarking on your statistics course here will have a lasting impact on your career, and LSE Careers can help you to make the transition from your studies into the world of work or further study.

We have a comprehensive careers programme for statistics students that will include preparing you for the entire recruitment process as well as a fun alumni networking event where you can meet alums from your department and learn about their careers.

We hope you make the most of your time here, both academically, and also by taking advantage of the services available to you. We look forward to meeting you at some of our workshops, careers fairs, or employer events.

Dedicated careers resources for Statistics students 

Department of Statistics students at LSE have access to a range of specialist services and events designed with their career directions in mind.

  • Specialist careers workshops, including sessions on CVs and cover letters, assessment centres, interview skills and advice specific to particular employment sectors. Purely for Statistics students. 
  • Comminucation workshop in conjunction with LSE LIFE for Undergraduates
  • 1-1 discussions with LSE Careers Consultant Edith Karinthi-Durnez
  • Exclusive Alumni mixer events for Statistics students
  • Annual networking alumni panel dedicated to Statistics students
  • Access to LSE Careerhub, with thousands of short-term and long-term opportunities including internships.

Graduate destinations - BSc

Although Statistics alumni choose a wide variety of careers options and occupational sectors, the main destinations after a BSc are:

  • Accounting and auditing
  • Insurance and brokerage
  • Investment banking

Graduate destinations - MSc

After an MSc, the main destinations are slightly broader:

  • Accounting and auditing
  • Consultancy
  • Information and digital technology
  • Insurance and brokerage
  • Investment banking
  • Retail and commercial banking

The role of the graduate

Here are the main roles of Alumni in each of these sectors:

Sector

Main roles

Accounting and auditing

Accounting associate
Actuarial analyst
Actuarial consultant
Audit assistant
Data insight services analyst
Risk assurance associate

Consultancy

Analytics and modelling analyst
Benefit actuarial consultant

Information and digital technology

Business operator
Data analyst
Data modelling analyst
Games maths modeller

Insurance and brokerage

Actuarial associate
Finance actuarial intern
Insurance underwriter
Technical pricing analyst

Investment banking

Banking analyst
Credit risk analyst
Equity derivatives analyst
Financial analyst

Retail and commercial banking

Analyst in risk management
Asset manager
Credit analyst
Credit trader
Customer manager

Careers with a Statistics degree panel - 19th October 2017!

Hear from Statistics graduates about their job roles, how they got to where they are today and any advice they might have for you in your job search.

Running for its sixth year, the Careers with a Statistics degree panel is an essential event for Statistics students wanting to use their degree in the work place. Panellists will discuss their own education, the recruitment processes they went through and will examine where they use statistics in their everyday work. Students attending this forum will get the chance to ask the panellists questions at the end. The final hour of the allotted time will be designated for networking with the panellists over drinks. Bring your questions along with you!

This event is for students from the Department of Statistics only.

Chair: Dr James Abdey, Course Tutor in Statistics, LSE 

The following panellists are confirmed:

Adam Bassett - Actuarial Associate in Tax and Reward Consulting, PwC

I studied MSc Statistics at LSE, graduating in 2016 with the Winton Prize for Academic Excellence. Having interned prior to my Masters’, I joined the Reward Consulting practice at PwC. PwC is a large accounting firm, offering many services. The team I am in consults on strategy and taxes around how employees are paid, our main clients are large companies and financial services firms. My role within the team is around data handling and analysis. This includes model building in Excel and VBA, data visualization with Tableau and analytics and blending in Alteryx. I am also studying to be an actuary alongside my work.

Sana Goel - Assistant Vice President, Model Validation Unit, Barclays

I joined Barclays Model Validation Team directly after my masters in Risk and Stochastics from LSE in 2015. We conduct wholesale model validations for Credit Wholesale products within Investment Banking and Corporate Banking used for Regulatory Capital calculation purposes, stress testing and managing day to day credit exposures. As a part of validation we test model data quality, design, performance, implementation and regulatory compliance. My masters course helped me develop skill to conduct validation tests which I use in my job daily.

Kate Ma - Actuarial consultant, Investment services department, Deloitte

I obtained a bachelor degree in Math and Statistics at Imperial College London and a master degree in Financial Statistics at LSE. After graduation, I joined Deloitte in 2015 as an actuarial consultant specialising in InvestmentServices where I get to advise clients on the investment of their pension schemes.

Antonio Pombeiro - Investment Banking Associate, Nomura

I studied MSc Statistics (Financial Statistics) at the LSE in 2012. The Financial Statistics programme enhanced my quantitative financial skills as well as my actuarial skills which proved to be very useful in my current job as an Associate in the Insurance Solutions Group at Nomura. My team is part of the Global Finance/Investment Banking Division of Nomura here in London. This is a joint venture between Global Markets and Investment Banking.

As part of the Insurance Solutions Group, I work on originating and structuring solutions for Insurance companies in order to improve their capital management under the new Solvency II regime.

 

Karsten Shaw - Director of Analytics at Populus Ltd and Guest Teacher at LSE Department of Statistics

After completing his Masters in Statistics in 1999, Karsten has worked across many Market Research companies as a Statistician and Marketing Scientist.  He has managed teams and has been involved in projects for many diverse clients including Vodafone, the NHS, the BBC, BT, HSBC, British Airways, GSK, Lego, Volkswagen and The Premier League.  He specialises in statistical analysis and regularly uses techniques learnt at university including clustering, regression and conjoint.  He is also a specialist in survey methodology in areas such as sample design and data weighting.  He describes Market Research as an exciting and dynamic industry, ideal for people interested in using data to understand human behaviour and decision-making and for people curious about society and social trends.

Charles Shen - Decision Analyst, Barclays

I am currently a part of Barclays' Propositions, Analytics and Customer Engagement team, working specifically on Information Business, which concentrates on utilising the vast data available at Barclays, to provide better services to our customers and also generating new revenue streams. This mainly involves using advanced analytics and machine learning techniques to draw insights from our data, whilst also engaging with external clients to turn these insights into propositions to solve their business problems. Before joining Barclays, I have also worked at dunnhumby and Visa Europe for roughly one and half year each, on targeted marketing campaigns and consultancy projects.

 

Li Zhao – Guest Teacher at LSE and Associate Lecturer at Queen Mary University

Li Zhao is a qualified Actuary. Li currently works as a Guest Teacher at the LSE and Associate Lecturer at QueenMary University of London. Li is also an Independent Examiner of Accredited Programme appointed by theInstitute and Faculty of Actuaries.Li graduated with a BSc in Actuarial Science degree from the LSE in 2010. Li completed a 1-year placement atAXA Life Bristol in 2008/2009 and was the Vice President of the LSE Actuarial Society in 2009/2010. Aftergraduation and prior to moving into education, Li spent 7 years working for Swiss Re London, taking on rolesincluding the Pricing Actuary of the Life & Health Risk Transformation team and Product Actuary of L&H Hub.