Liberal Arts & Sciences
Mathematics & Stats

The study of mathematics and statistics can lead students to rewarding and interesting careers. Those with an affinity for math or numbers may go on to work in the fields of education, finance or management, engineering, insurance or research.

The majority of entry-level positions in mathematics or statistics require at least a Bachelor's degree. To become an engineer or to work in education or management, two to three more years of schooling for a Master's degree is expected. For mathematicians, who often deal in research, a Ph.D. is the minimum requirement. Students wishing to go into the financial sector, such as becoming an actuary or an accountant, will benefit from taking additional courses or adding a minor in business, finance, marketing, accounting, etc.

Mathematicians have one of the most interesting careers, and essentially use mathematics, formulas and computers to solve problems in industries such as economics, engineering and business. Actuaries, who often work in the insurance field, use math and statistics to assess risks, and help their company reduce those risks. Statisticians use numbers and data daily, by evaluating and interpreting such data, and will use their skills to create and design surveys or experiments.

Mathematics majors will study many mathematical aspects, such as algebra, calculus, operations research and mathematical statistics. Other courses may include topics such as numerical analysis, history of mathematics and biostatistics. A statistics curriculum will include mathematics, as well as statistic-specific courses such as statistical theory, probability models, actuarial models, and computer data.

For students looking at a career as an actuary, the U.S. Bureau of Labor Statistics estimates a faster than average job growth of 21 percent until 2018. Mathematicians can expect a 22 percent growth, while statisticians can expect a growth of 13 percent. The career fields for mathematics and statistics are very lucrative; the average annual income for actuaries, mathematicians and statisticians is $84,810, $95,150 and $72,610 respectively. For more information on the job outlook for a specific area of study or industry in the U.S., the Occupational Outlook Handbook, 2010-11 Edition is available at http://www.bls.gov/oco/.


Schools That Offer This Program:
Strayer University
Trumbull Business College
Grantham University
Grantham University
Grantham University
Florida Career College
Florida Career College
The University of Southern California
New England Institute of Technology
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Brown Mackie College
South University
The Art Institutes
Advanced Training
Advanced Training
Bryant & Stratton College
Bryant & Stratton College
Landsdale School of Business
Southern New Hampshire University
Southern New Hampshire University
Southern New Hampshire University
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