Statistics: Student Testimonials

Talah Qamar

Specialist: Statistics - Quantitative Finance Stream

What factors contributed to you choosing your program(s)?
 
In the beginning , I was unsure what program I wanted to study, so I received counselling from an Academic Advisor to discuss my options. I came to know about the Statistics Program which interested me greatly. Further to this, I researched what it could offer me in terms of future careers and this encouraged me as well. Also, it this area aligns well with my strengths which are math and finance.
 
Can you describe your program(s)? What is it actually like?
 

The Statistics program requires one to have a good understanding of math as students must take many core courses in math for this program. He/she will experience how to use stats in real world programs such as statistical programming / data mining programming languages such as: (R, Matlab & SAS). You will take a lot of finance courses, as required by this program, which teaches the individual about interest rate, stocks, call/put options. Overall, this program teaches an individual the basics in math and programming for Stats and focuses in finance and statistical courses. This program is very heavy math and theory based and finance courses require a reasonable understanding of economics. I would not recommend this program to anyone who doesn’t enjoy math/finance courses.

What tips/advice can you provide to students just starting or considering this program(s)?

Tips/Advice: As this is a specialist program one should figure out when to take all the courses as soon as possible due to the fact every course has a prerequisite. So, if someone doesn't plan it out he/she can fall behind a year. Focus on first and second year math courses, as they build the foundation as one continues on to C & D level courses. Instructors expect students to know all the basics as the instructor is aware of the fact that it has been covered already.

What will you do with your degree after graduation? (Future plans?)

In regard to my future plans, I plan on either working in the government or banking sector as a junior financial analyst. Also, after taking multiple finances course I plan on exploring into stock market as a hobby.

What has your academic journey during your time been like as you progress toward graduation?

First Year, I was figuring out how to adjust to university life and what program I wanted to pursue as I continued to excel. During the second year, I started to focus on my A & B level math/finance courses where I developed a basic understanding what my program would teach me and how it could help me in my future endeavors. By third year, I started to focus into deep understanding of my stats/finance program. It was also then that I started looking into the possibility of doing masters and where I would like to work. As, this is my final year I have started to focus more on how I want to use my degree to its full potential and how it can help me pursue my goals in life.

 

Jiahe Lu

Majors: Statistics & Health Studies
 

What factors contributed to you choosing your program(s)?
 
Habits.
 
Can you describe your program(s)? What is it actually like?
 
Health Studies is combination social studies and biology humanity together. Statistics is always like using math, computer science and some data analysis to deal the varietal data and number.
 
What tips/advice can you provide to students just starting or considering this program(s)?
 
Thinking of your job you would like to do in the future. Also the things you are interested and the subject you are good at also could be an important factor.
 
What will you do with your degree after graduation? (Future plans?)
 
Data researcher in a hospital.
 
What has your academic journey during your time been like as you progress toward graduation?
 
First year getting started. Second year having a rough view of the program. Third year starting earn some professional knowledge about the program.

 

Shubhani Jindal

Majors: Economics for Management and Statistics

What factors contributed to you choosing your program(s)?

Personal interest and future job prospects were factors in my program choice.

Can you describe your program(s)? What is it actually like?

The statistics program is quite rigorous. You definitely need to keep up with the material week to week as this is the only way to get through the courses. The professors also make sure of this by keeping weekly assignments/quizzes as part of the grade evaluation. Expect to have a very busy weekly schedule in terms of hand-ins and deadlines. But also keep in mind that this format of assessment also means that by the time finals are here, you're ready for them and not trying to cram 3 months’ worth of material in one night.

What tips/advice can you provide to students just starting or considering this program(s)?

1. Time management is extremely important. Sometimes you might have something due every single day of the week or even more than one thing due on the same day (when I talk about things being due, I'm talking about quizzes/assignments/etc.). So it becomes really important that you make sure you're prioritizing your work with respect to when its due.
2. Being organized is key to winning at anything but it’s especially important here because there are so many dates and so many tutorials that you need to keep up with, it's very easy to get things mixed up.
3. Help is always available and you'll never know unless you ask. Don't be shy to ask your professors/TAs or any other resources for help. At the end of the day it’s your education.

What will you do with your degree after graduation? (Future plans?)
Statistics is a very fast growing field today. It is required in every industry and this means opportunities are endless. I want to go into risk assurance/consulting as these fields incorporate things I've learnt from both, my economics and statistics majors.

What has your academic journey during your time been like as you progress toward graduation?

I'm currently in my 4th year. I started out as a Pre-Management student. In pre-management, I took a lot of economics courses. This made me realize my love for economics. So I decided to pick a second major instead of getting into management. I picked Sociology, which was something I found interesting at first but after a couple of semesters I realized I didn't really have the inclination towards it. Then I started looking into Statistics and the more I looked into it the more I wondered why I hadn't considered it before. I've been in the Statistics major for a year now and I couldn't love it more (despite the hectic schedule). At the end of the day your major is completely dependent on wherever your interests lie. So don't pick something just because it will increase your opportunities. Make sure that the opportunities that your major opens up for you are actually opportunities that you like and that inspire your drive for success.