Jobs To Get With A Master’s Degree In Mathematics

A master’s degree in mathematics is a graduate program that focuses on the scientific, theoretical, and mathematical analysis of numbers. This degree provides a diverse range of job opportunities for emerging professionals. When selecting a graduate school, it is critical to assess the employment options associated with the degree to determine whether it is a good fit for you. This article lists 19 careers for professionals with a master’s degree in mathematics.

The benefits of a master’s degree in mathematics

A master’s degree in mathematics is advantageous because numerous companies rely on these graduates’ analytical and critical problem-solving abilities. Employers place a high value on this degree, thus workers with a master’s degree in math may find work in a variety of industries.

Expected coursework for a master’s in mathematics program

A master’s degree in math requires coursework in both pure and applied mathematics. Pure mathematics is a numerical science that involves applying and solving mathematical principles. Applied mathematics involves applying mathematical concepts to other fields of study, such as physics, engineering, or economics. Some courses you might anticipate to take in a master’s program in mathematics include:

• Algebra
• Calculus
• Arithmetic
• Industrial economics
• Advanced engineering
• Computer science

Jobs for master’s degree in mathematics holders

1. Cryptographer

• National average salary: $45,029 per year

Cryptographers secure secret information and encrypt confidential data, which enables them to safeguard a company’s private records. They encrypt this data using sophisticated algorithms and data encryption software. Cryptographers may work in a variety of industries since they are adept at protecting sensitive financial information. Cryptographers can also utilize their analytical talents to resolve data breaches and identify security issues.

2. Math teacher

• National average salary: $47,860 per year

A math teacher instructs students on mathematical principles, both pure and practical. Math professors can teach in primary schools, high schools, and colleges. They teach mathematical concepts and track their students’ development.

3. Math tutor

• National average salary: $50,480 per year

A math tutor teaches mathematics to pupils individually or in small groups. They frequently develop individualized curricula to meet the specific learning demands of their students. Math tutors can work for themselves or through a tutoring agency. Math tutors generally work with their students one-on-one, which allows them to identify the hurdles that their pupils must overcome in order to excel.

4. Accountant

• National average salary: $54,140 per year

An accountant arranges and oversees a company’s financials. They calculate payroll, prepare taxes, and oversee an organization’s fiscal policies in order to streamline financial processes. Many businesses require accountants, making this position versatile and important.

5. GIS analyst

• National average salary: $63,933 per year

An accountant arranges and oversees a company’s financials. They calculate payroll, prepare taxes, and oversee an organization’s fiscal policies in order to streamline financial processes. Many businesses require accountants, making this position versatile and important.

6. Statistical analyst

• National average salary: $71,890 per year

A statistical analyst is a data professional who collects, analyzes, and presents data to help a corporation make informed decisions. They use their quantitative talents to streamline data gathering methods, allowing them to better comprehend current data trends and prepare reports for their employers to review.

7. Data analyst

• National average salary: $73,095 per year

A data analyst collects, processes, and analyzes massive amounts of information. They may use complicated data and statistical principles to assist businesses in understanding their business processes and determining how to enhance their operations.

8. Operations research analyst

• National average salary: $77,804 per year

An operations research analyst employs strong mathematical skills to help firms solve problems and make decisions. Because of their analytical skills, they work in a range of industries and serve as resource management and budgeting experts. Their aptitude to research makes them an invaluable source of knowledge and information.

9. Underwriter

• National average salary: $78,470 per year

When determining which coverage to provide to an individual, an underwriter collects and analyzes statistical data to estimate their risk. Underwriters work primarily in the commercial and financial sectors, reviewing policy applications, preparing risk assessment reports, and overseeing the full insurance application process. Underwriters compare policies and set rates depending on their companies’ underwriting guidelines.

10. Mathematician

• National average salary: $96,628 per year

A mathematician helps businesses by using complex mathematical approaches to solve practical challenges. They acquire, evaluate, and apply data to create novel methods and principles. Mathematicians employ mathematical theories, concepts, complicated models, computer code, and computational approaches to help them solve problems. Because of their varied skill set, individuals can work in a variety of fields such as business, engineering, and science.

11. Statistician

• National average salary: $98,572 per year

Statisticians use advanced statistical approaches and models to generate solutions. They can utilize their analytical skills in a variety of fields, including research, academia, and business. They are professionals in identifying patterns in data and presenting that information to stakeholders and business operations specialists.

12. Aerospace engineer

• National average salary: $103,724 per year

Aerospace engineers design, build, and operate airplanes. From drones to rockets, these pros employ math and science to design the most aerodynamic vehicles. They can create and test flying earth vehicles like helicopters and combat aircraft, as well as design and upgrade spacecraft like planetary probes and satellites.

13. Software developer

• National average salary: $106,878 per year

A software developer is responsible for designing, developing, and implementing computer programs and applications. They define technical specifications and manage the software and applications they develop. Because of the diversity of technology, a software developer’s job responsibilities vary depending on their employer.

14. Software engineer

• National average salary: $110,791 per year

Software engineers create and maintain software programs. They also manipulate software and direct it to execute various duties such as performing calculations or storing sensitive data. Software engineers work with a variety of computer programming languages, developing new technology and improving existing software systems.

15. Economist

• National average salary: $112,189 per year

An economist analyzes various economic sectors using both quantitative and qualitative data. They offer collected data to an organization so that they can determine their financial situation in relation to society’s economic status. They also play an important role in helping firms comprehend their financial situation.

16. Actuary

• National average salary: $115,212 per year

An actuary, sometimes known as an insurance actuary, is a person who uses sophisticated equations to identify insurance risks. They analyze many elements throughout their risk assessment processes and then utilize computer software to calculate figures and create visual analysis tools such as graphs and reports to explain their results.

17. Quantitative analyst

• National average salary: $120,320 per year

A quantitative analyst uses complex mathematical and statistical models to assist firms in better understanding their financial market condition. They use this data for risk management, budgeting, pricing, and financial investments. They undertake statistical analyses on a regular basis, utilizing data collection methods and coding technologies.

18. Data scientist

• National average salary: $121,340 per year

A data scientist analyzes enormous amounts of complex data to generate significant insights for their company’s operations and develop business solutions. They can extract information from data by utilizing tools, methods, and algorithms. They can also use their analytical abilities to identify and solve problems efficiently.

19. Algorithm engineer

• National average salary: $127,479 per year

An algorithm engineer is a specialist who mixes mathematics and technology. Algorithm engineers create instructions that teach computers what to do and how to operate. They develop algorithms for a number of functions, including biometrics and computer automation.