What Can You Do With a Math Degree?

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For those with an analytical mind and a knack for working with numbers, a degree in Mathematics can open the door to lucrative careers across a number of industries.

Math Careers

From scientific research and education to working in the fast-paced corporate world, mathematics is a highly-diverse field that has a great potential for future growth.

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Due to the diversity of the career paths associated with mathematics, we have put together the following table to help you get a broader understanding of the various job options available. In the information below, you will also find the median annual salaries for 40 different math careers:

Careers Annual Median Salary
Director of Analytics $123,871
Investment Banker $121,674
Actuary $106,125
Actuarial Consultant $101,924
Senior Statistician $97,922
Economist $94,802
Senior Actuarial Analyst $94,222
Risk Manager $90,264
SAS Programmer $89,061
Research Analyst, Operations $88,197
Senior Business Analyst $86,196
Mathematician $85,829
Investment Consultant $85,809
Statistician $84,257
Research Scientist $83,311
Investment Analyst $79,755
Asset Manager $78,193
Investment Advisor $77,064
Actuarial Analyst $76,266
Operations Research Manager $75,196
Risk Analyst $74,963
Actuarial Assistant $71,625
Computer Systems Analyst $71,158
Professor, Postsecondary $69,576
Stock Broker $69,500
Assistant Professor, Postsecondary $69,433
Data Analyst $68,584
Business Analyst $66,604
Budget Analyst $64,880
Entry-Level Actuarial Analyst $63,649
Meteorologist $60,558
Cost Estimator $60,085
Research Associate $59,688
Real Estate Appraiser $59,410
Insurance Appraiser, Auto Damage $59,173
Branch Manager, Banking $58,943
Mathematics Teacher $50,665
Personal Banker $36,733
Biller, Medical Office $35,360
Head Teller $32,406

*Data sourced through Payscale.com

What Can You Do With a Mathematics Degree?

While you may not find a job application specifically for “mathematics”, the skills that you will learn in this degree program will prepare you for professional work in a wide range of industries. After graduation, you may find employment in business, research, education, meteorology, or the financial world.

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As you can see from the information above, the annual salary for math professionals can vary widely. While some entry-level positions offer median wages near the national average, some professional mathematics careers have annual salaries that can exceed six-figures!

When planning out your future career goals, it is important to keep in mind that experience and educational level can play a large role in the pay that you can expect to receive.

What Is a Mathematics Degree?

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Mathematics is a highly diverse field that covers a number of scientific studies. In order to find employment in a professional industry, it is typically expected that you will have earned at least a bachelor’s level degree in mathematics. For many high-level mathematics positions, a graduate degree may be required.

Throughout the course of your Mathematics degree program, you will have the opportunity to specialize within a degree concentration. These specializations may include:

  • Mathematics Education
  • Applied and Computational Mathematics
  • Statistics
  • Mathematical Biology
  • Operations Research
  • Economics

Over the last several years, many accredited universities have begun offering an extensive selection of online mathematics degrees. This could be a great option for you if you are in need of a flexible educational schedule in order to balance your career and family obligations.

Mathematics Career Outlook

Senior Business Analyst discussing the financial reports

Mathematics is an integral part of many different industries, and this will continue to be the case as advanced technologies and a changing marketplace affect the world of business and research. With the high demand for skilled math professionals, the career outlook for those in this field is overwhelmingly positive.

When researching math career ideas, it is helpful to check out reputable online resources such as the United States Bureau of Labor Statistics. For example, the BLS predicts that mathematicians will see a 27% occupational increase by 2029. Those interested in careers as actuaries or statisticians will see 18% and 33% growth respectively – much higher than the national average across all occupations!

A Mathematics degree program can provide you with a marketable skill set that is essential throughout the workforce. Across a variety of professional industries, math is at the core of business success and scientific research. Whether you want to work within finance or contribute to the field of science, a Mathematics degree is an excellent starting point to embark on a lucrative, challenging career path!

You can also view our Careers in Marketing and Careers in Nursing guides for more options.

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Elizabeth Abner
WRITTEN BY Elizabeth Abner

Elizabeth is pursuing a Doctor of Philosophy in Foreign Policy and earned her master's degree in business administration. For her undergraduate studies, she earned a Bachelor of Arts in Business Administration with a concentration in international business. Elizabeth's research is focused on universities offering online degree programs.