In-Demand Math Degree Careers For Graduates

If you are one of the people who love (and are good at) math, there’s a chance that you considered a career in a related field. In fact, math careers can be applied in any domain from accounting to public health. More than that, they are usually highly-paid, and such comes not from knowing numbers. Math degree jobs are valued for the professional’s critical thinking and problem-solving; while being interesting and useful to you, such careers are often important for a variety of companies and organizations. In case you’re interested in receiving a math degree and advancing in a related career, we have gathered every bit of information you might need, so be sure to keep on reading.

Majors To Get A Math Degree

Whether you have always liked math or are just starting to get into it, there is a chance that you have already considered getting a related degree. However, there is a chance you might feel overwhelmed by what science and higher education have to offer, so let us help you out. Below, we have gathered some of the majors to get a math degree. By choosing one of them, you will be able to combine your passion for mathematics with a wide array of interesting subjects.

  1. Geometry and Geometric Analysis
  2. Applied Mathematics
  3. Mathematics and Statistics
  4. Economics
  5. Banking and Financial Services
  6. Accounting
  7. Algebra and Number Theory
  8. Data Science
  9. Topology and Foundation
  10. Geodesy

 

Scholarships For Math Majors

The price of studying in college and receiving a degree usually depends on a variety of factors, but higher education in mathematics is among the most expensive ones. Because of this, many students interested in receiving a related degree apply for scholarships and financial aid programs. Although there is a chance that the school of your choice will provide student loans and school-specific scholarships, we have compiled a list of some of the best math scholarships and everything you need to know about them.

  • ASME Scholarships
    ASME Scholarships are available for both graduate and undergraduate students interested in pursuing a degree in mechanical engineering. In order to qualify for the scholarship, you have to be a member of ASME currently enrolled in a higher education institution with an established GPA and at least 25% of total credits in the courses from the Mechanical Engineering Department. Priority is given to active members of the ASME community and students with high financial needs.
  • AIAA Scholarships and Graduate Awards
    The AIAA Foundation offers a variety of scholarships available for both undergraduate and postgraduate students in science and engineering. Depending on your major and level of studies, you may be eligible for rewards and scholarship programs of up to $10,000. Keep in mind that in order to apply, you must submit your entry online and be a student member of the AIAA Society.
  • Herbert Levy Memorial Scholarship
    Herbert Levy Memorial Scholarship is awarded annually by the Society of Physics Students to those interested in pursuing a degree in Physics. In order to be eligible for the $2,000 award, you must be an undergraduate student in one of the outline majors and must prove the financial need. Be sure to check out further information regarding the deadlines and the application process on the SPS website.
  • Steinman Scholarship
    The NSPE Education Foundation Scholarship of $5,000 is awarded to two students annually. In order to be eligible for the award, you must be a United States citizen currently entering or continuing your junior year in a four-year accredited engineering program. The application process will require you to submit faculty staff recommendations, GPA, an ethics essay, and a resume highlighting your internships and engineering-related professional and academic involvement.
  • Dream Award
    Dream Award is provided to students in a critical financial need who have completed at least one year of their undergraduate program. Besides taking into account GPA of at least 3.0, the scholarship focuses on strong-willed students who are willing to overcome obstacles in their academic and professional life. Be sure to check the Dream Award website to check out the requirements and upcoming deadlines.
  • ANS Scholarships
    American Nuclear Society offers a variety of scholarships and awards for undergraduate and postgraduate students in multiple categories. A $1,000 award is available for incoming freshmen in all fields of nuclear science, and more specific scholarships are offered.
  • AFB Scholarships
    American Foundation for the Blind offers a wide variety of scholarships and financial aid programs available for legally blind undergraduate and postgraduate students, including those pursuing a degree in math. All of the AFB scholarships can be combined with the awards presented by the American Council of the Blind to maximize the benefits.
  • DOE Computational Science Graduate Fellowship
    If you are an undergraduate senior, a first-year graduate student, or currently undergoing the recruitment process for a Ph.D. program, you are eligible for the DOE Computational Science Fellowship. Be sure to check out the requirements of the program.
  • Masergy STEM Scholarship
    If you are interested in STEM and expressing your creativity, the Masergy Scholarship is right for you. Record a short video telling about yourself and showcasing a STEM-related innovation you have come up with and get a chance to receive a $5,000 scholarship for your studies.
  • AWIS Kirsten R. Lorentzen Award
    The Association of Women in Science provides the Kirsten R. Lorentzen Award to female college sophomore and junior students currently enrolled in studying physics or geoscience. Excellent academic performance must be complemented by extra-curricular activities.
  • Women Techmakers Scholars Program
    Women Techmakers Scholars Program is the continuation of Google’s pursuit of encouraging women to participate in STEM. Dr. Anita Borg’s legacy is honored with a variety of scholarships and awards available for women eager to become leaders in the sphere of technology.
  • SWE Scholarships
    SWE Scholarships are awarded to women pursuing a degree in STEM, and depending on your class and specialization, there are different applications and deadlines. What makes the SWE program stand out among the others is the fact that some of the awarded scholarships are renewable.
  • BHW Scholarship
    The BHW Scholarship is aimed at providing financial assistance to women pursuing a Bachelor’s or Master’s degree in STEM. Be sure to check out the program website for further information on requirements and eligibility.
  • Science Systems and Applications, Inc. (SSAI) Underrepresented Student Scholarship
    The SSAI Underrepresented Student Scholarship is aimed at providing equal opportunities for receiving a technical degree for the US citizens who are considered in the minority in the sphere of science and engineering. Such includes but is not limited to women people of color.
  • Gates Millennium Scholars Program
    By focusing on promoting academic excellence and reducing the financial struggles among the students of color, the Gates Millennium Scholars Program increases the diversity of the American representation in higher education. 1,000 scholars are chosen each year, and the scholarship amount depends on a number of factors.

Top 15 Math Careers

  1. Data Scientist
    With the average base pay of $113,000, data science is undoubtedly one of the most interesting and rewarding career paths in math.
  2. Geodesist
    Being a geodesist at a governmental organization is undoubtedly a well-paid job with an average median salary of over $90,000.
  3. Algorithms Engineer
    Algorithms Engineers develop algorithm-based solutions and effective systems, and the average salary for such a job is $120,000.
  4. Operations Research Analyst
    Although generally considered an entry-level job, Operations Research Analysts examine data for companies to make the best decisions, and the salary can be up to $94,000.
  5. Cryptographer
    With the average salary of $145,000, cryptographers develop ciphers and algorithms to encrypt sensitive data in multiple spheres.
  6. Economist
    With the average salary of $104,000, economists can do practically any job varying from accounting to financial planning.
  7. Actuary
    Being an actuary requires the application of mathematics to analyze the financial consequences of a risk, and it is one of the best-paid math jobs with an average salary of $150,000.
  8. Financial Planner
    As an entry-level position, a financial planner is usually well-compensated, with a median salary of $80,000.
  9. Mathematician
    By applying the concepts of mathematics in analyzing business models, mathematicians’ median salary in the United States is $70,000.
  10. Physicist
    With the average salary of over $90,000, physicists investigate a variety of theories in science.
  11. Astronomer
    Although the field of Astronomy in the United States is relatively small, the average salary of an Astronomer is $113,000.
  12. Marine Architect
    Designing and repairing a variety of marine structures is compensated at the average rate of $76,000.
  13. Aerospace Engineer
    Aerospace Engineers design and test missiles, satellites, and spacecraft with an average compensation of $83,000.
  14. Chemist
    Although the salary and competition depend on the state and specializations, the majority of specialists in the sphere of chemistry make, on average, $90,000 per year.
  15. Mathematical Science Teacher (Postsecondary)
    Being a math teacher in a postsecondary institution is compensated at the rate of $82,000 on average, and the specialists in the sphere are always in demand.

Resources For Math Students And Employees

Regardless of whether you’re still working toward receiving your degree in mathematics or have already joined the workforce in the sphere, there are many resources for you to explore. Around the world, societies and communities of mathematicians are available to provide both students and employees with valuable information. More than that, some of such professional organizations provide certifications necessary for pursuing a career in a related field. So, what are some of the most valuable resources for math students and employees?

Final Remarks

Math careers have always been respected in the workforce, and the tendency is not about to change. A math degree and related skills are valued and needed in a variety of industries, so you can find a career in any sphere of your preferences. From data science to financial analysis, your education can earn you an amazing career in almost any field. Hopefully, this article could inspire you to research your options for studying and working. Knowing, liking, and being good at math doesn’t necessarily mean that you have to earn a Ph.D. and be a college professor, so find the career opportunity you enjoy and work toward your dreams.

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