Does mathematics make perfect sense to you? Are you good with calculations and equations? If so, an advanced math degree could be the logical choice to prepare you for a number of different careers, ranging from computer science to teaching.
Analyzing master's degrees in mathematics
Obviously, candidates for master's degrees in mathematics need a solid foundation in the field. Core requirements cover the history of mathematics, mathematical analysis, probability, statistics, mathematical technology, computer programming and linear algebra. Top concentrations include these:
- Applied mathematics: Specialized topics such as algorithms, science applications, actuarial science or computational science
- General mathematics: For example, abstract algebra, complex variables and real analysis
- Teaching mathematics: Courses like non Euclidean geometry, abstract algebra or numbers theory
For the teaching focus, you would also explore trends and issues in mathematics education.
Mathematics career options, outlook and salaries
In 2010, the Bureau of Labor Statistics counted only 3,100 mathematicians in the U.S. However, you could apply your analytical and problem solving skills in numerous industries such as insurance, real estate, software, consulting and finance -- for example, in brokerage firms and investment banks.
Common math careers include actuaries, statisticians and teachers. Other potential roles are computer programmers, engineers, economists and cryptographers. The BLS reported these median annual salaries in 2010 for related careers, shown with the projected increase in employment, 2010-2020:
- Actuaries: $87,650; 27 percent
- Financial analysts: $74,350; 23 percent
- Market research analysts: $60,570; 41 percent
- Mathematicians: $99,380; 16 percent
- Statisticians: $72,830; 14 percent
The BLS projects average job growth between 2010 and 2020 for mathematicians and statisticians but considerably faster growth for actuaries and market research analysts.
The importance of education
While some of these careers require only a bachelor's degree, the BLS reports that many employers prefer candidates with master's degrees. Some careers, like statistics, require a master's degree. The master's degree would qualify you for community college teaching jobs or -- with the necessary licensing -- public schools. If you're seeking a high level role in industry or government or an academic research or teaching position, you can pursue a Ph.D. in mathematics.
Graduate degrees in math could be your gateway to a broad range of careers. Online programs offer the opportunity to study anywhere and at a time that's convenient. You can learn while you earn and confer with your mathematically inclined colleagues around the world.
Does mathematics make perfect sense to you? Are you good with calculations and equations? If so, an advanced math degree could be the logical choice to prepare you for a number of different careers, ranging from computer science to teaching.
Analyzing master's degrees in mathematics
Obviously, candidates for master's degrees in mathematics need a solid foundation in the field. Core requirements cover the history of mathematics, mathematical analysis, probability, statistics, mathematical technology, computer programming and linear algebra. Top concentrations include these:
- Applied mathematics: Specialized topics such as algorithms, science applications, actuarial science or computational science
- General mathematics: For example, abstract algebra, complex variables and real analysis
- Teaching mathematics: Courses like non Euclidean geometry, abstract algebra or numbers theory
For the teaching focus, you would also explore trends and issues in mathematics …
