Actuarial ScienceĪctuarial science concentrations can lead to careers in statistics, insurance, and higher education. Read on to learn more about possible math concentrations, which often lead to specific career paths. To align a degree with your career goals, you should consider selecting a program that offers concentration options. Research programs carefully to ensure you select the best one for you. Many math career paths require specific skills. Most math degrees include significant coursework in analysis. Analytical thinking is foundational to solving mathematical problems and defining solutions for an employer. The analytical thinker breaks down a problem into small, solvable chunks and builds toward the global answer using its individual parts. AnalysisĪnalysis is a methodical, step-by-step approach to problem-solving.
This skill draws from both pure math and mathematical logic. Time management analysts can save corporations massive amounts of money in lost productivity, logistics, and processes. Time management is important for students, employees, and families alike. Corporations and government agencies need problem-solvers who approach situations with precise, logical, and data-based thinking. This skill uses logic to apply mathematical knowledge to everyday problems. Math educators often consider problem-solving the primary focus of math teaching. Quantitative reasoning combines pure math with critical thinking, and many employers seek applicants with this skill. Quantitative reasoning involves drawing on basic mathematical skills to apply quantitative information to a problem to produce a relevant conclusion. Both of these processes require critical thinking skills, which are often woven into math curricula. Mathematicians must often show the steps they took to arrive at the solution to a problem or demonstrate the logic behind a procedure. Students examine pure math theory and apply math concepts to real-world scenarios. Math programs include skills-based learning. Mathematicians rely on reasoning, logic, and analysis. Mathematicians build careers on their ability to look at complex data sets and problems, make sense of them, and order them logically toward potential solutions. Source: PayScale Skills Gained With a Math Degree Median Annual Salary for Math Careers Job Title The following table provides salary potential for several common math careers. If you have the passion and skills to qualify for careers in math, you may enjoy a rewarding and lucrative future.
Many fields now rely on data, which in part explains the high demand for skilled mathematicians, analysts, and statisticians.Īccording to the BLS, math professionals earn a median annual salary of $90,410. The Bureau of Labor Statistics (BLS) projects a 27% job growth rate for math occupations between 20, a rate extraordinarily higher than the average for all occupations, 4%. The following sections cover careers with a math degree, median salaries, degree types, and continuing education options. This field also offers several lucrative career opportunities if you invest the time it takes to earn a college degree. Successful professionals in this field have strong problem-solving, mathematical, and communication skills. Math careers typically involve using math, statistics, and financial theories to assess risk or solve complex problems. University of Illinois at Urbana-Champaign.University of California at Santa Barbara.University of Virginia at Charlottesville.University of California at Los Angeles.University of South Carolina at Columbia.University of North Carolina at Chapel Hill.The Public Ivies, Little Ivies, and Other Ivy League Equivalents.
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