Math Degree Jobs - Alternative Careers for Math Majors

Math Degree Jobs - Alternative Careers for Math MajorsMath Degree Jobs - Alternative Careers for Math MajorsDo you love working with numbers? Are you passionate about logarithms, matrices, and exponential equations? If so, getting a math degree may be on your mind, but perhaps you are worried about finding a job that will utilize your college education. Here are 10 careers that are perfect for people who have earned a bachelors degree in mathematics. Mathematician Becoming a mathematician is the most obvious choice for someone who has studied math, but certainly not the only one. Most mathematician jobs require a graduate degree, for example, a masters or doctorate, but if you want to work for the federal government, only a bachelors degree is required. Jobs in this occupation involve creating mathematical models to solve practical problems in fields such as business, engineering, and science. MedianAnnual Salary(2017)$103,010 Number of People Employed (2016) 3,100 Projected Job Gr owth (2016-2026)30 percent (much faster than the average for all occupations) Projected Job Openings(2016-2026)900 Actuary Actuaries use statistical analysis to figure out the probability of the occurrence of certain events to minimize the risks associated with them. The tools of the trade are database and modeling software. Actuaries primarily work in the insurance industry where they design policies and set premiums. Others work in the financial services industry. There are several choices regarding the degree needed to work as an actuary. A bachelors degree in math is one of your options. MedianAnnual Salary(2017)$101,560 Number of People Employed (2016) 23,600 Projected Job Growth (2016-2026)22 percent (much faster than the average for all occupations) Projected Job Openings(2016-2026)5,300 Market Research Analyst Market research analysts create surveys that help companies decide what products consumers will buy and ways to promote them. They train interviewers to conduct th ese surveys, and after all the data is collected, they use statistical methods to analyze it. Finally, market research analysts share their findings with their employers by preparing written reports in which they also graphically illustrate the results of the surveys. You need a bachelors degree, which could be in math, to work in this occupation. MedianAnnual Salary(2017)$63,230 Number of People Employed (2016) 595,400 Projected Job Growth (2016-2026)23 percent (much faster than the average for all occupations) Projected Job Openings(2016-2026)138,300 Survey Researcher Survey researchers, like market research analysts, design surveys. Their goal is to gather information about the public, including factual data, opinions, and beliefs. They usually work for political candidates, government agencies, and corporations. They use statistical techniques and software to analyze the data they collect. You need a bachelors degree to work in this occupation, but there is a bit of flexibilit y when it comes to choosing a major. Many employers will hire job candidates who have earned a degree in math. MedianAnnual Salary(2017)$54,270 Number of People Employed (2016) 14,600 Projected Job Growth (2016-2026)2 percent (slower than the average for all occupations) Projected Job Openings(2016-2026)400 Middle or High School Teacher It is a teachers job to help their students learn concepts in a variety of subjects. Middle and high school teachers specialize in a single subject such as mathematics, English and language arts, social studies, a world language, or visual or performing arts. In addition to earning a degree in education, you will also need an additional degree in the subject area in which you want to specialize. MedianAnnual Salary(2017)$57,720 (Middle School) $59,170 (High School) Number of People Employed (2016) 630,300 (Middle School) Over One Million (High School) Projected Job Growth (2016-2026)8 percent (Both Middle and High School - about as fast a the avera ge for all occupations) Projected Job Openings(2016-2026)47,300 (Middle School) 76,800 (High School) Cost Estimator Cost estimators calculate the costs of completing construction or manufacturing projects. They take into account expenses that include labor, raw materials, and equipment. This occupation does not have specific educational requirements but earning a bachelors degree can make you a more competitive job candidate. Since cost estimators need strong mathematical skills, earning a degree in this subject should serve you well. MedianAnnual Salary(2017)$63,110 Number of People Employed (2016) 217,900 Projected Job Growth (2016-2026)11 percent (faster than the average for all occupations) Projected Job Openings(2016-2026)22,900 Financial Advisor Financial advisors help people plan for their long and short-term financial goals. These may include saving for retirement and childrens college tuition. They also advise their clients on investments, taxes, and insurance. A minimu m of a bachelors degree is required to work in this field. Math is an appropriate choice since financial advisors need strong skills in this area. MedianAnnual Salary(2017)$90,640 Number of People Employed (2016) 271,900 Projected Job Growth (2016-2026) 15 percent (much faster than the average for all occupations) Projected Job Openings(2016-2026)40,400 Real Estate Appraiser Real estate appraisers estimate the value of residential and commercial property before the owner sells or develops it or gets a mortgage. An appraisal is also needed when calculating property taxes. Because real estate appraisers work with numbers, it is beneficial, though not required, to major in math if you want to become one. Real estate appraisers have bachelors degrees in other areas of study as well. MedianAnnual Salary(2017)$54,010 Number of People Employed (2016) 80,800 Projected Job Growth (2016-2026)14 percent (faster than the average for all occupations) Projected Job Openings(2016-2026)11,700 S tatistician Statisticians collect data that allow entities, including governments, colleges, and corporations, to answer questions about the public. Using mathematical techniques, they decide what methods to employ and how to overcome any problems they may encounter. They design surveys, experiments, and polls and then analyze the collected data. A masters degree, which can be in math, statistics, or survey methodology, is required for most jobs. You can enter a graduate program after earning a bachelors degree in any major that provides a solid background in math. MedianAnnual Salary(2017)$84,060 Number of People Employed (2016) 37,200 Projected Job Growth (2016-2026)34 percent (much faster than the average for all occupations) Projected Job Openings(2016-2026)12,600 Operations Research Analyst Operations research analysts help companies and organizations solve problems and make decisions using their expertise in mathematics. After identifying problems, they gather data and analy ze it. Then based on this information, they develop solutions and choose the one they think will have the best results. MedianAnnual Salary(2017)$81,390 Number of People Employed (2016) 114,000 Projected Job Growth (2016-2026)27 percent (much faster than the average for all occupations) Projected Job Openings(2016-2026)31,300 Sources Bureau of Labor Statistics, U.S. Department of Labor,Occupational Outlook Handbook Employment and Training Administration, U.S. Department of Labor,O*NETOnline(visited December 13, 2018).