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Careers for Math Degree Holders Careers for Math Degree Holders

Careers for Math Degree Holders

The big misconception about math is that a mathematical degree only qualifies the holder for a teaching job or an actuary. On the contrary, Math prepares students for a wide variety of jobs. The career market has numerous opportunities across various fields for math graduates.

Some of the jobs that directly hire individuals with a math degree include:

Accountancy and Finance

Accountancy is a career spanning many industries and has a broad range of choices for math professionals. Accountancy jobs include working as an auditor, corporate advisor, forensic, tax, and management accountant among other roles. An undergraduate degree in mathematics is one of the requirements to become a chartered accountant also. You can start as a company trainee, and it will help you to gain experience and necessary professional certification for developing further in your role.

Actuarial Career

Your training in math qualifies you to work as an actuary. Your job will involve evaluating financial risks so as to advise and manage clients. Knowledge of economics and risk analysis skills are the centerpiece of ensuring that your customers make sound investments to achieve their commercial/business goals. At the entry level, you will most likely work within insurance and pensions which are relatively low-risk areas, but in future, you can venture to investment, healthcare or banking. Actuarial roles require you to be skillful in mastering numbers to explain complex data and analysis to the non-specialist customers.

Banking

Your math degree qualifies you to work in banking from retail to corporate investment. Banking is about economic assessment and investment for public or private clients. Specialties in baking include areas like lending, acquisitions, initial public offerings (IPO), privatization, bonds, and shares. Duties may include creating new business opportunities, market research and inventing consumer solutions. A math career in banking can be very lucrative although a professional qualification in finance is necessary for certain roles.


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Statistics

The career of a statistician involves collation, analyzing, interpreting and presenting statistics and quantitative data. Statistician's skills are essential in various industries from healthcare, finance, sport and even government. As a statistician, you employer might require you to manage, collect or arrange data from surveys, contextual analysis and experiments. Your duties might require you to use your findings to create reports and advise colleagues or clients on the possible strategies such as how to make excellent financial decisions on expanding business goals. To present statistics, you need to have solid communication, analytical skills, and IT skills.

Academia and Research

Although we just saw that math careers are not only in academics and research, these are very popular sectors among the mathematics graduates. It is an appealing route for the people who are looking for a challenge to drive the nest series of theories, applications, and discoveries of the field. It also comes with the prestige of following in the footsteps of greatest math minds in the history.

Academic and research careers in math are incredibly wide-ranging and depend on the areas you intend to be your specialty. Many of the jobs in these careers are within university departments. Long-term involvement in academics may include contributing articles to journals, specialist periodicals or participation in the production of entire publications during a sabbatical or part time.

Meteorology and Engineering also require people with a math degree in addition to other qualifications. In meteorology, math helps to collect complex data on weather conditions, analyzed and interpret it for consumers. In addition to Math, skills in IT are necessary.

For engineering, you might require a dedicated degree in a field of engineering, but math is also essential. The adeptness in solving mathematical problems helps to solve real-world physical problems. An engineering internship straight after university helps math experts to gain experience and improve the employability in engineering.


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