Jobs for Graduates with a BS in Mathematics

Find out about the types of jobs you can have with a mathematics bachelor's degree. Read on and learn about different career options, salary information and training requirements. Schools offering Mathematics degrees can also be found in these popular choices.

Careers for Mathematics Bachelor's Degree: Salary and Job Facts

Having a degree in mathematics can prepare you for a wide range of careers in different fields. Having learned the right skills for analytics and problem solving, many industries have employed math graduates in various positions. In this article, you will learn about career paths for math graduates, the requirements, and salary information.

Mathematicians & StatisticiansActuariesOperations Research Analysts
Training RequiredNoneLong-term on-the-job trainingNone
License/CertificationNoneCertification requiredNone
Job growth (2018-2028) 30% (much faster than average)*20% (much faster than average)*26% (much faster than average)*
Average Salary (2019)$71,163 (mathematician); $72,189 (statistician)**$88,685** $76,440**

Sources: *U.S. Bureau of Labor Statistics, **Payscale

What Careers Can I Find as a Graduate in Math?

Graduates with a bachelor's degree in mathematics can find work either as a mathematician, statistician, actuary or operations research analyst. Mathematicians and statisticians use mathematical and statistical techniques in analyzing data and solving practical problems in business, science, engineering, and other related fields. Actuaries analyze risks and financial costs for various businesses and design insurance policies, pension plans, and investments that would maximize profit and reduce risks. Operations research analysts identify problems, collect information and create solutions through developing methods and statistical analysis.

What are the Educational Requirements?

Mathematicians and statisticians may find entry-level jobs with an undergraduate degree. Actuaries and operations research analysts can also get started in their careers with a bachelor's degree. One must be very knowledgeable in math courses such as calculus, algorithms, actuarial science, statistical theory, and analytics. Having completed courses in engineering, physics, economics, and computer science is also essentially important for these jobs.

What Training and Certifications Do I Need?

There is no general certification for typical mathematics graduates except for those who want to become actuaries, where certifications for associate and fellow from either the Casualty Actuarial Society (CAS) or the Society of Actuaries (SOA) are required. Math students who want to become actuaries must pass at least one or two of the initial actuary exams for professional certification before the students graduate. Actuaries usually get certified while working as it takes 4-7 years for an actuary to get an associate certification and another 2-3 years for fellow certification. Entry-level actuaries start off as trainees to be mentored by experienced actuaries and perform basic tasks before moving on to much more complex work.

Where Can I Work and How Much is the Salary?

Math graduates find jobs in private companies, insurance firms, financial institutions, and local and national governments. The National Security Agency (NSA), for example, hires a lot of mathematicians for different positions. According to Payscale in 2019, mathematicians were paid $71,163 per year, and statisticians earned $72,189. Actuaries earned more, with an annual salary of $88,685, while operations research analysts were paid $76,440, that same year.

What are Other Related Alternative Careers?

Aside from the careers mentioned above, math students with bachelor's degrees can also work in information technology as computer analysts and programmers, or in the fields of science as meteorologists. Some graduates like to proceed with earning a graduate degree, such as law or business school to become lawyers or entrepreneurs. Other math graduates might take education courses to teach math in middle school or high school.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

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