What's the value of a maths degree?

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Discussion Overview

The discussion revolves around the value of a mathematics degree, particularly in relation to career prospects and its perceived utility in various fields. Participants explore the implications of studying mathematics, potential career paths, and the broader applications of mathematical knowledge.

Discussion Character

  • Debate/contested
  • Exploratory
  • Technical explanation
  • Conceptual clarification

Main Points Raised

  • One participant mentions concerns about the financial viability of a mathematics degree and the perception of employers regarding its applications.
  • Another suggests several lucrative career paths for math graduates, including actuarial science, finance, cryptography, and industrial applied mathematics.
  • Teaching is proposed as a viable option for math graduates.
  • It is noted that math graduates tend to score highly on the LSAT, with some participants discussing the potential connection between mathematical training and deductive reasoning skills required for law.
  • Some participants express skepticism about the intrinsic value of mathematics, suggesting it is primarily useful when applied to other fields.
  • There is a viewpoint that studying mathematics for its own sake is justified, despite arguments about its practical applications.
  • A participant questions whether a physics degree could offer similar business opportunities, highlighting the overlap in mathematical content.

Areas of Agreement / Disagreement

Participants express a range of views on the value and applicability of a mathematics degree, with no clear consensus on its financial viability or intrinsic worth. Multiple competing perspectives on career paths and the utility of mathematics are present.

Contextual Notes

Some claims about career paths and the value of mathematics depend on individual experiences and may not represent broader trends. The discussion includes varying assumptions about the relationship between mathematics and other fields.

NewScientist
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I was talking to my nephew today and asked him what degree he wanted to do - he replied maths and trinity college cambridge - which is no surprise as he is very gifted at maths. However, he then added 'but I don't think I should because a) there is no money in math and B) a lot of employers are intimdated my maths from Oxbridge and cannot see its applications.'

I couldn't think of a satisfactory response to the issues he raised about maths.

Any ideas?

NS
 
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Math has a number of possibilities here a pathes that friends of mine went:
1) he could study to become an actuary a very lucrative career if he also wants to be involved in business(insurance/pensions)
2)Finance and a interest in quantative analysis for wall street type firms
3)pure math phD and research in either math or computers
4)Cryptography and went to work for the gov't
5)Industrial applied mathematics

There is so many things one can do with a math degree but for business related areas he might want to minor in accounting,finance or economics and it never hurts to have that knowledge and background.
 
He can always teach :biggrin:
(be a teacher)...
 
Also Math Bachelors score highest on LSAT's - Law School Admission Tests.
 
cronxeh said:
Also Math Bachelors score highest on LSAT's - Law School Admission Tests.
I was always hearing rumors around campus that engineering and science students do much better on the LSAT than those from other majors. At the time, I didn't know if it was true, but I keep hearing things along the same lines.
 
Cod said:
I was always hearing rumors around campus that engineering and science students do much better on the LSAT than those from other majors. At the time, I didn't know if it was true, but I keep hearing things along the same lines.


I have no idea what's on the LSAT, but the connection seems intuitively plausable to me. We become familiar with axioms/theorems/postulates and then proceed to make deductions from them. The law works in a similar way. I'd bet the LSAT puts a demand on your deductive reasoning, something that mathematicians are especially fine tuned for.

But then again, I'd bet enineering/math/science majors would do better on just about every standerdized test. I had a calculus teacher who always said that if there is only one thing math majors should be able to do, it's follow directions. :-p
 
Newscientist,

You might want to take a look at this link put up by the Mathematical Association of America (MAA). It's a bunch of profiles on the career paths math majors have taken.

I don't know how typical such stories are, but it's worth a look, at least.
 
jmcgraw said:
I had a calculus teacher who always said that if there is only one thing math majors should be able to do, it's follow directions. :-p


I like this one, lol.
 
Math as defenition
"A language that has rules but no Goals".
its of no use until applied to other fields, but really interesting
 
  • #10
Being no use in itself is not an excuse to not study it for its own sake.
 
  • #11
Could you go into business and such as with a physics degree? Most of the same math, right?

Math by itself is useless, but as a tool, it probably has more applications than any other field.

PL
 

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