What Are The Career Paths For Studying Mathematics/Mathematical Economics?

Not knowing the career paths for studying mathematics can be considered one reason that holds many students back from loving mathematics.
I can remember seeing mathematics as difficult and untouchable, no matter how hard I tried to understand the concept those days in Junior High School, but some of my mates could have fun when studying mathematics, I couldn’t understand why?
I reached a point when I entered Senior High School and studied General Arts with Geography, Economics, Government, and Mathematics as my Elective subjects. I was so scared and reluctant to attend ‘Add Maths’ classes, and I started failing Maths.
The Elective Maths teacher called me one-day, showed me the tricks and mode of studying the subject to make it a part of me. Since then, I fell in love with the subject to this day.
So Mathematics is challenging, gratifying, and entertaining. It is both logical and innovative. Studying and majoring in mathematics grant you a variety of opportunities.
The mathematics major prepares students for traditional pursuits such as graduate study, teaching and works as an actuary. Students who love math find out that they can combine a mathematics major with a pre-professional curriculum or a major in the sciences or engineering to provide a strong background for graduate study or employment in a field related to mathematics.
The undergraduate mathematics major offers a foundation for students interested in understanding how to approach problems with mathematical solutions.
Skills Developed When Studying Mathematics
Studying Mathematics helps you to develop the following skills:
- Critical thinking
- Problem-solving
- Analytical thinking
- Quantitative reasoning ability to manipulate precise and intricate ideas
- Construct logical arguments and expose illogical arguments
- Communication
- Time management
- Teamwork
- Independence
What Are The Career Opportunities?
The available career paths for studying mathematics are many and unique and cut across business, education, IT, insurance, and many fields in science.
Wondering what career path to take after majoring in Mathematics? Don’t panic, the career opportunities are unlimited for mathematics majors. You may pursue graduate education, career paths in business, science or technical fields or disciplines such as social services, education, and government. Some career paths Mathematics majors decide on include:
- Market Researcher
- Systems Analyst
- Banking
- Government
- Space/Aircraft Industry
- Accountant
- Computer Programmer
- Doctor
- Engineer
- Investment Manager
- Lawyer
- Government Research and Laboratories
- Theoretical Mathematician
- Mathematician
- Numerical Analyst
- Statistician
- Teacher
The Mathematical Economics Degree :
The mathematical economics major offers students a program that combines mathematics, statistics, and economics.
The mathematical economics major provides an opportunity for students with an interest in mathematics and business or economics to combine these interests. The Department of Mathematics offers both a Bachelor of Science and a Bachelor of Arts degree. One can take each degree with Option A: Mathematics or Option B: Mathematical Sciences. Most students choose the mathematics option. The mathematical sciences option combines the study of mathematics, statistics, and computer science and prepares students for careers involving the applications of mathematics. A mathematics minor is available for students who would like to continue their study of Mathematics while majoring in another field.
The mathematical economics program complements the engineering philosophy. It combines the quantitative methods of mathematics with applied science to solve actual problems. With the ever-increasing importance of the service sector in our economy, the mathematical economics degree will prove to be a valuable asset. The program will allow the student to study a fascinating collection of ideas and it will also provide the student with very marketable skills, such as.
- capability in mathematics and statistics
- aptitude in problem-solving skills
- ability to communicate with public speaking and written assignment capacity to
- collaborate with others.
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In today’s increasingly complicated international business world, a strong preparation in the fundamentals of both economics and mathematics is crucial to success. They design this degree program to prepare a student to go directly into the business world with skills that are in high demand or to graduate study in economics or finance. A degree in mathematical economics would prepare a student for the beginning of a career in operations research or actuarial science. Other occupations include, but not limited to:
- economist
- statistician
- teacher
- professor
- management accountant
- market research analyst
- financial analyst
- marketing/sales manager
- financial planner
- claims examiner
- investment manager
“Do not worry too much about your difficulties in mathematics, mine are still greater.” “Pure mathematics is, in its way, the poetry of logical ideas.” Not everything that counts can be counted. -Albert Einstein.
Image by mohamed Hassan from Pixabay