What Types of Jobs Can I Get With a Mathematics Degree?

Jobs in MathematicsWhen planning a course of study in college, it’s important to understand the types of jobs you can get with a mathematics degree. According to the Bureau of Labor Statistics, students majoring in mathematics can expect to enjoy a 22 percent increase in job openings through 2018, which is much faster than the national average growth for all occupations.

Mathematicians

Mathematician is one of many types of jobs you can get with a mathematics degree. These professionals utilize advanced math principles to analyze data and solve real-world problems. Most mathematicians work in an office setting alongside of a team of related professionals such as engineers or computer programmers. The duties of a mathematician include expanding knowledge in math; using formulas to prove or disprove theories; developing statistical models for analyzing information; supporting business decisions; analyzing effectiveness; and resolving unexplained mathematical issues.

High School or Post-Secondary Teacher

Many math majors choose to become teachers at the high school or college level. The job duties of a math teacher include creating lesson plans, lecturing and tutoring students, devising homework and tests, grading tests and papers, and creating real-world applications of concepts. Some math teachers specialize in a specific area of mathematics such as calculus or geometry. To become a math teacher, additional coursework in educational administration may be needed.

Finance and Research Analysts

Finance and research analysts are among the highest paid types of jobs you can get with a mathematics degree at the bachelor’s level. Financial analysts provide advice regarding personal and business finance. They may offer information about investing, profitability, sales, bankruptcy and taxation. According to the Occupational Outlook Handbook, job openings as research analysts are expected to expand by 27 percent through 2022, which is much faster than the national average. Research analysts use mathematical techniques to help businesses achieve more effective and efficient solutions, solve problems and make better decisions. They define business problems, gather data, organize information, determine the best method of analyzing the data and use statistical analysis to find the best solution. They communicate the solution to coworkers, superiors and investors. They must be able to use sophisticated computer software and programs and have the ability to effectively present and communicate their findings.

Actuaries

Actuaries use mathematical concepts to analyze risk and uncertainty. They use theories to assess the likelihood of a risky event and then help clients develop policies to minimize the cost of that risk’s repercussions. Many actuaries work for insurance companies and other types of businesses. They are also employed by the government. They work in an office setting and must also pass a series of tests in order to gain professional certification. The duties of an actuary include designing insurance policies; creating presentations and charts; compiling data; and performing statistical analysis. The job market for actuaries is expected to increase by 26 percent by 2022.

Related Resource: Finance Degree Jobs

Mathematics students will be able to select from many different types of high-paying job opportunities with considerable increases in job openings over the next decade. With so types of jobs you can get with a mathematics degree, those holding a mathematics degree will be in high demand in both the private and public sectors of employment.