Prospects of an applied mathematician

[thrill3rnit3]

What fields can an applied mathematician work in (other than in academia)? Assume that he gets a Ph. D..

Do private sector companies hire applied mathematicians? To do what kind of things?

 

[madkid]

you may want to take a look at this website http://www.siam.org/careers/thinking/work.php

 

[charng]

As an applied mathematician, the prospects for your career are vast and diverse. You have the skills and knowledge to apply mathematical concepts and techniques to real-world problems, making you a valuable asset in various industries.

Apart from academia, applied mathematicians can work in fields such as finance, insurance, healthcare, technology, engineering, and government agencies. In these industries, you can use your expertise to develop and analyze algorithms, build predictive models, optimize processes, and solve complex problems.

Private sector companies do hire applied mathematicians for a wide range of roles. Some examples include data scientists, operations research analysts, risk analysts, quantitative analysts, and software developers. These roles require strong mathematical skills, critical thinking, and problem-solving abilities, which are all core competencies of an applied mathematician.

In the finance and insurance industries, applied mathematicians can work on developing models for risk assessment, portfolio optimization, and pricing of financial instruments. In healthcare, you can use your mathematical skills to analyze medical data and develop predictive models for disease diagnosis and treatment planning.

Technology companies also hire applied mathematicians to work on developing algorithms for machine learning, artificial intelligence, and data analysis. In the engineering sector, you can apply mathematical concepts to design and optimize systems and processes.

Government agencies also require the expertise of applied mathematicians in various areas such as national security, transportation, and environmental policy. You can work on developing models and simulations to aid in decision-making and policy development.

Overall, with a Ph.D. in applied mathematics, you have a wide range of opportunities in both academia and the private sector. Your skills and knowledge are highly sought after, making you a valuable asset in any industry.