Genuine Financial

Which is better for future financial security: engineering or statistics?

I've been studying engineering, and I do love it, but I'm told that there is much greater financial security in a career in statistics. I like statistics too, probably not as much as I like engineering. I've also heard that statistics is not as tiring at the end of the work day, compared to engineering. I am talking about electrical engineering specifically. Is statistics really a peach of a job and high paying as people claim?

Public Comments

1. Financial security is not just dependent upon how much pay you bring home. It depends also on investing, planning, being able to budget wisely, and control unnecessary spending. I've heard that statistics pays well, but I think that depends on where you are located. With electrical engineering, there are many jobs available and many options. It still pays well, and will for a long time to come. The bottom line is that security has a lot to do with working at what makes you happy. I know people who have taken higher paying jobs, but were not happy in the job, and ended up spending more money on their home, cars, vacations and such to make up for the unhappiness. You have many talents, obviously. Go with what makes you happy, and look into planning some investments and savings. Maybe someday you will decide to start your own business.
2. Statistics can pay well, but I think you can do more with engineering.