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Potential Careers With an Online Mathematics Degree

Advanced mathematics aren't just for engineers and physicists. In fact, the same principles you learn in a statistics and calculus courses can be applied to virtually any field. If you have a true passion for sports, statistics education could show you how to predict games based on players' past performances at a higher level. If you love music, a greater education in trigonometry could show you exactly how sound designers and architects use acoustics to build sound stages and record hit singles.

From obvious math-intensive fields like finance and accounting to artistic industries like graphic design and animation, math plays a pivotal role. Learning the ins and outs about this highly versatile study may give you an opportunity to advance your career in one of a vast number of careers. Moreover, it may give you a better idea about how the world around you works.

A glimpse into the realm of mathematics & statistics

Nearly everything man-made around you has relied on a great deal of math to invent, produce and distribute. Even designing a soda can requires calculus skills that take some students months to learn. Producing materials is just the tip of the iceberg in regards to what mathematicians can do. Researchers and analysts rely a tremendous amount on statisticians in a flurry of industries. Take an insurance firm, for example. Insurance agencies constantly run numbers about the average risk associated with everything from driving an automobile to living an unhealthy lifestyle. Using these numbers - which constantly fluctuate due to new medicines, changing safety protocols and more - they formulate premiums for clients that are mathematically designed to earn a profit while remaining relatively affordable. All of this analysis requires the careful due diligence of math professionals.

On a general level, mathematicians work in the private and public sector often with teams of scientists, engineers and others to solve problems and make for a more efficient society.

Possible salaries for a career in mathematics & statistics

Your salary as a mathematics & statistics professional is largely decided by your specific job title, your level of education, your experience in the industry and your skill. Consider the following careers, with statistics compiled by the U.S. Bureau of Labor Statistics in 2012.

  • Mathematicians: 2012 Median annual salary of $101,360 (23 percent projected growth through 2022)[i]
  • Actuaries: 2012 Median annual salary of $93,680 (26 percent projected growth through 2022)[ii]
  • Statisticians: 2012 Median annual salary of $75,560 (27 percent projected growth through 2022)[iii]

Additional skills required for a career in mathematics & statistics

Data analysis is enormously important in mathematics & statistics and often requires expert knowledge with various forms of software and devices. While crunching numbers and learning formulas is often an exercise completed on paper while studying, offices often use particular programs to complete their work, and becoming familiar with these services may be critical to pursue a career in this field.


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