If you are deciding between majoring in electrical engineering or statistics, you might want to know more about what each major has to offer. This post will show you the key facts about each major and help you to decide which would be a better degree for you.
At a glance:
| | Electrical Engineering | Statistics |
| Reported average pay | $92,227 | $70,050 |
| Job opportunities | Good | Moderate |
| Types of jobs you can qualify for | Systems engineer Radio frequency engineer Electrical engineer Controls engineer Software engineer | Data analyst Data scientist Software engineer Financial analyst Actuarial analyst |
| Difficulty of the major | Hard | Hard |
| Key things to note | A very employable bachelor’s degree. High average pay. High job satisfaction. Average predicted job growth for the next decade. | Very employable if you combine it with a minor in CS. Also employable if you combine it with programming and data analysis skills. Well above average job growth. |
Source for electrical engineering major salary and jobs
There are important things to consider when choosing between the two degrees since they can take you down very different paths. Also, there are some things to consider if you do choose either of them such as which classes you should take.
Details about the electrical engineering major
Below are details about the electrical engineering major.
Pay
According to Payscale, the average pay of someone with a bachelor’s degree in electrical engineering is $92,227. This is much higher than the reported pay for most other majors. It is also significantly higher than the average reported pay of a statistics major which is $70,050. This could be because electrical engineering qualifies you for more high-paying jobs at the bachelor’s level. Whereas, the higher paying jobs in statistics often require a master’s degree.
Jobs
According to the BLS, it is reported that the demand for electrical engineers will grow by 5% between 2019 and 2029. This is slightly higher than the average growth across all jobs. They mention that increasing demand for things such as solar arrays, semiconductors and communications technologies will drive demand for electrical engineers. However, they also mention that certain industries are on the decline such as utilities and manufacturing.
Electrical engineering is a major that will qualify you for a lot of jobs that pay well with just a bachelor’s degree. Jobs you can get with a degree in electrical engineering can include:
- Systems engineer
- Radio frequency engineer
- Electrical engineer
- Controls engineer
- Software engineer
Difficulty
Electrical engineering includes a lot of mathematics. The concepts in the electrical engineering classes themselves can also be very difficult. With that being the case, you can expect electrical engineering to be a very difficult major. You can also expect it to be equivalently difficult to a statistics major which is also a very difficult major.
Classes
Below are some classes that you can expect to take in electrical engineering:
- Calculus 1, 2, and 3
- Linear algebra
- Differential equations
- Mechanics
- Electricity and magnetism
- Thermodynamics
- Circuit analysis
- Control systems
- Signals and systems
- Introduction to electrical engineering
- Introduction to programming
You can look here to see an example degree sequence in electrical engineering.
Things to consider
Some jobs can require a master’s degree and a master’s degree can also help with career progression. It would help to consider what specific type of electrical engineering job you would be most interested in so that you can see whether or not it will also be necessary for you to obtain a master’s degree.
Electrical engineering is a major that will require a lot of work. This will likely mean that you will have to sacrifice a lot of free time. It might be the case that you could major in another high-paying major, such as computer science, that does not require as much effort, which will allow you to focus on other things such as internships and social activities without sacrificing your job opportunities.
Details about a statistics major
Below are some key details about the statistics major.
Current pay
The Bureau of Labor Statistics predicts that the demand for statisticians will rise by 33% by 2029. This is mainly due to the surge in data that companies have been receiving in recent years that they need people with mathematical and statistical skills to make sense of.
According to Payscale, the average pay for someone with a bachelor’s in statistics is $70,050.
Something to consider is that many of the more statistical and well-paid jobs, such as a data scientist or machine learning engineer, will often require a master’s degree.
Types of jobs the degree will qualify you for
Since statistics is used in many different fields, a statistics degree will open you up to many different job opportunities.
However, many of the jobs that stats majors tend to seek such as a quantitative researcher or machine learning engineer often require a master’s degree (but not always). They can also require more specialized knowledge that you might not get in a statistics degree. This is why it would help to make sure to choose your classes according to the job you are most interested in.
Examples of jobs that you could qualify for with a master’s in stats could include:
- Machine learning engineer
- Data scientist
- Quantitative researcher
With that being said, even with just a bachelor’s degree there will be many different jobs that you will qualify for.
Examples of jobs that you could qualify for with a bachelor’s in stats could include:
- Financial analyst
- Insurance underwriter
- Data analyst
- Software engineer
- Market researcher
- Actuary (requires lots of stats classes)
However, statistics is a general degree that is not specific to a certain type of job in the way something things such as computer science is to software engineering and finance is to finance type jobs. This means that you should take courses from the field that you want to enter and do internships and projects in that field as well in order to be competitive when seeking a job.
For example, many stats majors go into software engineering after graduation. If you want to qualify for software engineering jobs then make sure to take a data structures class and an algorithms class and try to get some internships as a software engineer while in college.
Before choosing your electives I would strongly recommend that you consider what you want to do after college and make sure to take classes related to that.
With that being said, there are some people that have gotten data science and machine learning jobs with just a bachelor’s. It would greatly improve your chances if you were to make sure to complete machine learning and data science projects and to do internships in those fields as an undergrad. It would also help to take computer science classes in your electives, especially data structures and algorithms.
Types of classes you will study
As a statistics major you can expect to take the following classes:
- Differential calculus
- Integral calculus
- Multivariate calculus
- Linear algebra
- Discrete math
- Probability
- Statistics
- Mathematical statistics
- Data analysis
You can also expect to have the option to take other statistics classes and related classes as available.
How difficult it is as a major
The statistics major is generally considered as being a moderately difficult degree by STEM standards. Some of the more advanced classes can be proof-based which tends to be much harder than the more computational classes but you might not have to take those classes depending on your specific program.
Some things to consider about the major
A Statistics degree can open up many different possible avenues for yourself and can be a very good degree when combined with a more applied minor. This is because the statistics taught in a stats major is useful in a wide variety of fields but you will need to supplement it with some field-specific coursework so that you are able to show that you can apply the statistics to those fields. It would also help to do some self-directed study in order to learn useful skills that might not be taughtt in the classroom such as Python programming and data analysis using Python.
A very good combination would be to major in statistics and to minor in computer science. Doing this would open you up to job roles such as data science, machine learning engineer, data analysis and software engineering.
Majoring in computer science and minoring in statistics is also a very good combination. If you want to go down the data science route, it would also help to make sure to take some statistics and data analysis classes.
More details about the statistics major
I have written more about how to do well in a stats major here and I have written more about whether or not a stats degree is worth it here.
Reasons to choose a statistics degree
While a statistics degree won’t usually qualify you for as many high paying entry-level jobs as electrical engineering, it can still be very employable if you combine it with something such as computer science.
Also, the demand for statistics majors is increasing sharply due to the increasing amounts of data that companies are getting. It is likely that the career paths that statistics can lead you down, such as data science, will continue to be highly in demand for many years.
If you do choose to get a statistics degree, it would help a lot to consider what you would like to do after graduating and to make sure to take classes related to that. It would also help to try to complete projects and to do summer internships related to a job you are interested in to make your job search much easier after graduation. It would also help to make sure to get good at programming, especially in R and Python, since many statistics jobs require programming and data analysis knowledge.
Reasons to choose electrical engineering
When compared with a statistics bachelor’s degree by itself, you can expect an electrical engineering degree to qualify you for more jobs that are high-paying.
Furthermore, the jobs that an electrical engineering degree can qualify you for tend to be very interesting jobs that have high levels of satisfaction. Although, many of the statistics jobs can be very interesting in their own right.
Ultimately, they are both well-respected degrees with good job opportunities. It would help to consider what you find most interesting and what sorts of jobs you are most interested in when deciding on which degree would be best for you.
