So this is a question I posted on yahoo questions, and I figured a baseball community might be able to help a little more:
I will be graduating next spring with a BS in Industrial Engineering, a minor in business (my business classes focus on a management curriculum). I've taken classes such as financial and managerial accounting, principles of marketing, economics, etc.
However, I have a very strong interest in statistics. Classes include 2 basic statistics classes (introductory to some more advanced material) and a stochastic modeling class that took things a bit further.
At this point I've convinced myself I should pursue a career as an actuary. Whether that is self-studying or doing more schooling so I may pass the tests (about 7 of them) to be certified. With some research it seems like the hours, pay, and type of work seem to be something I would enjoy.
That being said, I love baseball. I've played it all my life, coached a team one summer, and I plan on continuing both of these (none of that slow pitch crap) throughout my life even if it's just a simple recreational adult league. I would really love to be able to combine my passion for stats and math with a baseball office. I've done research and find minor league clubs combine long hours (16 hour days) with fairly little pay (less than an actuary with an insurance company for sure) and it's made me kinda sad. I would be content making less and working more, but not to the point that it consumes my time with family/time away from work.
This would be my ideal job:
-Use databases of all/any statistics (everything from batting average, to advanced sabermetrics) combined with player salaries/contracts and team budget limitations to make innovations in the way the club and (potentially) the organization evaluate the worth of a player in such a way that you assign a "worth per dollar" (ie "utility/$").
-Analyze statistics in such a way that I could potentially create my own statistics measuring players worth to be more efficient in determining the type of contract a player deserves (similar to how those that invented WAR did)
-Analyzing history to better project players' futures (ie determining the contract length)
-Finding creative solutions to expanding club budgets (I wouldn't mind playing a role in the marketing department, hiring coaches/trainers/scouts)
-Anything else I can do with numbers and statistics to solve problems
Sounds like a mouthful, and it sounds like I'm an aspiring GM to put it simply. However I know you can't just step in the door as a GM either, nor am I sure I necessarily aspire for EVERY duty a GM must handle.
What kind of jobs exist for someone like me, aspiring to work with numbers in a baseball setting?
4 days ago - 4 hours left to answer.
An interesting career choice I found while doing research would be to represent athletes (negotiate for higher contracts) using statistics slanted to make them look good, or vice versa (make the athletes look bad) to negotiate better value for the club signing the player