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Careers and Salary Advice for Maths Graduates Starting Their Career

By Jon, published on 31/03/2018 We Love Prof - AU > Academia > Maths > What Maths Graduate Jobs Are There?

George Cantor once stated:

“The essence of mathematics lies in its freedom.”

And if you look closely, you will realize that this is true not just on the theoretical level but also on the practical level. Mathematics has invaded each and every part of human life. Maths and science governs the most basic as well as one the most complicated laws of this universe.

Technology is booming and exciting new innovations are made in it everyday thanks to maths. Ground breaking studies are being carried out to improve human life, health, transportation, agriculture, economics, education etc. all because of the power of numbers and math education.

Potential Maths Graduate Jobs Maths is everywhere (Photo via Visual Hunt)

If you love mingling with numbers you will easily find high-paying jobs in this data-driven economy. The skills you develop as a mathematics undergraduate, will make you eligible for several professional institutes.

Even if mathematics is not directly needed for the core functions of an organization of a company, they will still require number crunching abilities of mathematicians to survive in 21st century.

Mathematics form the basis of many degrees which means that an undergrad degree in mathematics will enable you to pursue a career in anything from computer science to accounting, from teaching to astronomy and so on.

Mathematician Skills

Knowledge developed as a maths student, teaches a person to work and apply thier skills within some limited constrains put forth by mathematical theorem and laws. A degree in Maths tutors students and imparts in them a “numerical literacy”. The students can get more familiarity and understanding when they learn to speak the language of mathematics and use it as much as possible.

The core aim of a maths degree is to empower the students and help them develop a strong analytical and logical thinking ability. Logical progression governs all kinds of mathematical solutions whether they are related to simple algebra or complicated calculations in the application of calculus.

Maths graduates looking for getting a job and a chance to apply their skills in a mathematical setting must possess a great working knowledge of all the mathematical systems along with the most intuitive logical and analytical solutions to eliminate problems.

Math graduates break free from the scope of studies limited to just solving equations and doing questions and they level-up to a point where their maths expand beyond text books and problems.

They are equipped with expertise of applying their logical thinking to come up with feasible and optimized solutions for problems that are found in practical life.

One of the key skills recruiters search for, in a graduate student of mathematics, is modeling .Modeling enables mathematicians to come up with solution of problems which are multi-faced and very complex.

Potential math graduates learn to make use of proofs in order to disapprove or prove scientific or mathematical arguments and phenomena.

They master the art of deconstructing logic, line by line reconstructing it into an amalgam of other mathematical models, reasoning, formulas, theories, proofs, theorems and figures and modify it to come up with a tangible solution for a prevailing problem.

Learn Maths with a Maths tutor to get great Graduate Jobs Maths require good amount of thinking (Photo via Visual hunt)

The skills of coming up with coherent, logical, analytic mathematical arguments is the one which most maths graduates will find themselves employing in the years after their undergraduate studies.

What Maths Jobs Are Available to Graduates?

Now let’s have a look at the top ten jobs suitable for people who love maths and are going to pursue a career in it!

10 Best Job options for maths graduates

  • Economist

Average basic Salary =£ 35,297

Economists are responsible for studying and analyzing the effects of resources of a county or an organization. The resources could be anything from land, labor, raw materials etc. Their job is to find out the relation of these resources and their effects on cost and how they affect an industry and government. Financial mathematics is what they deploy in their job.

  • Stockbroker

Average basic Salary = £30,000 to £90,000

Stock brokers are the people behind the buying and selling of stocks in stock exchange. The purchase and selling of stocks, mutual bonds, and other securities for all kinds of clients is facilitated by stock brokers.

  • Maths Professors

Average basic Salary = £65,350

Maths tutors as professors usually serve in a university and are responsible for teaching students. They might also be responsible for conducting some research projects inside universities. One can either be a maths lecturer or a mathematics teacher depending upon his level of maths education.

Discover more jobs you could get as a Professional mathematician.

  • Insurance underwriter

Average basic Salary = £26,537

They are responsible for assessing and analyzing the potential risks that may affect insuring potential policy holders.

  • Accountant

Average basic Salary = £26,000 to £50,000

Accountants assist business managers, industry managers and managers in government by preparing and analyzing financial reports.

  • Astronomer

Average basic Salary = £13,000 to £60,000

They conduct studies using the principles of mathematics and physics in order to understand this universe better.

  • Actuary

Average basic salary = £32,825

Actuaries study, analyze and model large amounts of data and interpret statistics that help them to figure out the probabilities of occurrences of certain events such as accidents, storms, sickness, deaths, loss of property etc.

  • Financial Planner

Average basic Salary = from £22,000 to £30,000

Financial Planners help in money management and other monetary tasks such as insurance, assets, investments etc.

  • Statistician

Average basic Salary = £31,693

The numerical data that is gathered through experiments and surveys is tabulated, analyzed and interpreted by statisticians.

  • Meteorologist

Average basic Salary = £20,000

They study and interpret the motion and physical characteristics of elements as well as natural events on earth along with other earth related processes.

The list does not end here. There are several more opportunities that are not as famous and mainstream as the ones mentioned above but they are also equally rewarding in terms of work environment and salary. Let’s discuss those below:

Computer system analyst

Computer system analysts are responsible for optimizing the needs of users and customers of an organization by improving their computer systems. They do a lot of requirement gathering from the people who are directly involved with the use of the computer systems work and they determine how and why the IT system in an organization makes the businesses run more feasibly and effectively.

Most students need only an undergraduate degree having courses related to information sciences in order to qualify for a job as computer system analyst

Database administrator

Large public and private organizations use large amount of data which is organized, protected and stored in computer databases. Data administrators are responsible for maintaining, controlling and improving the computer systems which store the databases. They constantly interact with the users of the databases to make modifications and improvements and they also create new databases whenever there is need for one

Mathematician

Mathematicians are solely responsible for carrying out extensive research in Mathematics in order to understand mathematical principles and how they can be used in real world applications. They can work as researchers in either a university or under a government or private sector.

The minimum requirement to be eligible for a mathematics researcher is at least a master’s degree.

Operation research analyst

As an operation research analyst, you will be using your advanced mathematical and analytical skills to support an organization in its investigation issues and help it to solve various problems.

You can get in with just a bachelor’s degree but a higher degree is preferable by recruiters

Logistician

The analysis and coordination of a company’s supply chain is under logistician. They keep a track of the process of supplying a product from supplier to the consumer. The entire life cycle of product, from its acquirement, distribution, allocation to delivery is managed by logistician. A bachelor in mathematics will enable you for this post.

Book keeper

Book keepers use spreadsheets along with book keeping software and managements systems to record financial transactions, check financial records, and update statements.

Additional Important Skills for a Career in Maths

Your value as a mathematician will double if you possess working knowledge of some computer skills and programming languages such as html, CSS, java, C++ etc. Mathematics is used in a lot of other fields especially those related to Computer science and software engineering.

Mathematical courses like probability and statistics, Linear Algebra, Discrete Mathematics, Partial Differential Equations, Mathematical Physics, Algorithm Analysis and Calculus make up the core subjects of Computer related degrees as well as science and engineering.

Even if you don’t actually want to pursue a career in computer science, just the attainment of these skills will make your resume highly valuable to recruiters and will open your door to many opportunities.

Get Maths help and get great jobs Maths Skills are in demand everywhere (Photo via Visualhunt.com)

In case you love mathematics but want to pursue a career as an engineer, lawyer or a doctor, you will have an edge over those students who don’t even like the idea of maths. You will be able to use your mathematical skills to ace in these fields because almost every field today, involves Mathematics.

Whether you opt for a purely mathematical career or any other career which simply makes use of mathematical concepts you can still expect a higher level of job satisfaction.

Mathematicians usually leave engineers, doctors, lawyers etc. behind in terms of how rewarding this career can be. Looking in the long term, this field is expected to grow even more instead of fading away, which means that the skills you acquire today, will benefit you for decades!

Thinking about going to business school? Most schools offering these degrees require entrance test exams such as GRE or GMAT.

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