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Mathematics

 

 

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For the 6th year in a row, jobs requiring strong quantitative skills have dominated the CareerCast.com job rankings:

Top Jobs of 2014: Mathematician (1), Statistician (3), Actuary (4)

Top Jobs of 2013: Actuary (1), Mathematician (18), Statistician (20)
Top Jobs of 2012: Actuary (2), Mathematician (10), Statistician (18)
Top Jobs of 2011: Mathematician (2), Actuary (3), Statistician (4)
Top Jobs of 2010: Actuary (1), Mathematician (6), Statistician (8)
Top Jobs of 2009: Mathematician (1), Actuary (2), Statistician (3)

"Math is experiencing something of a renaissance period, and analytics are the driving force." - CareerCast.com

"I keep saying that the sexy job in the next 10 years will be statisticians." - Hal Varian, Chief Economist at Google

Starting Salaries

The 2013 Salary Survey (pdf) conducted by the National Association of Colleges & Employers found graduates with bachelors degrees in mathematics had an average starting salary of $50,200. Those who go on to earn graduate degrees find even more financial success. In 2012, the median salary for a mathematician was $101,360 and the median salary for a statistician was $75,560. Employment for both mathematicians and statisticians is expected to grow by more than 20% over the next 10 years.

A degree in Mathematics can lead to many rewarding careers:
• Actuarial Science
• Biostatistics/Biomathematics
• Business Intelligence
• Mathematician/Mathematical Scientist
• Mathematical Technician
• Operations Research
• Statistician/Data Analyst
• Teaching
• For more information about potential careers, see the career resources of the MAA, AMS, and ASA.

Graduate and Professional School Preparation
The problem solving skills and perseverance gained through studying mathematics also prepares students for graduate and professional schools. In fact, students majoring in mathematics outperform other students on required graduate school standardized tests.

A study conducted by the National Institute of Education, comparing the scores of 550,000 college students who took the LSAT and GMAT, found that students majoring in mathematics scored substantially higher than the average on graduate and law school admission tests.

The AMS Undergraduate Math Majors page has more information about mathematics-related graduate programs, summer programs, and internships.