The Best Jobs For Math Majors

Introduction

For some people, periodic tables make more sense. They are born with the acumen for math. Formulas, fractions, and problem solving comes easy to them. They are very comfortable with a calculator and a compass. One of the advantages of studying mathematics is the variety of jobs it offers. The best math jobs are available in a variety of industries that include business, engineering and finance. You can opt to work in research or use your expertise in a hands on way.

As per a survey done by the Bureau of Labor Statistics about four years ago, mathematicians earned an average annual income of around ninety five thousand dollars. Math was also rated as the best career by JobsRated.com. The study has assessed about nearly two hundred professions based on work environment, income and employment outlook. The highest paid professionals in math jobs are actuaries and cost estimators.

Features

Actuaries deal with risk. They evaluate statistical data like mortality, sickness, injury, disability and retirement to figure out the probability of events happening and the cost associated with those events. The minimum education required is an undergraduate degree in math, finance or insurance. This is one of the highest paid professions in math jobs.

Cost estimators figure out how much the future projects or products will cost and they help in identifying those current projects that are making a profit. The minimum education required is a bachelor's degree in construction science or construction management.

Economists identify problems and solutions within the distribution and manufacture of goods and services like labor, land and raw materials. A doctorate in economics in preferred. Electrical engineers design new electronics. They work on high-tech projects for products like cars, cellphones, navigation systems and robotics. Minimum education required is an undergraduate degree in electrical engineering with concentration in math and life sciences.

Market researchers evaluate market conditions to determine the potential of sales for products or services. A doctorate in economics or math is preferred. Theoretical and applied mathmaticians are highly sought after careers in math jobs. Theoretical Mathematicians develop new principals of math and applied mathematicians use techniques and theories to solve economic, business, physics, engineering and scientific problems. A doctorate in mathematics is preferred.

 

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