Math Grad School Choices: MSc Math or Stats?

AI Thread Summary
The discussion centers on choosing between a Master's in Mathematics or Statistics after obtaining a BSc in Mathematics. The individual is interested in a career that offers a reasonable salary, ideally over $70k/year, and has experience in modeling biological systems. There is a perception that an MSc in Statistics may provide better employment opportunities compared to an MSc in Applied Mathematics, particularly for those not pursuing a PhD. The individual enjoys statistics, especially stochastic processes, but has a preference for modeling. Insights and experiences from others in the field are sought to help make an informed decision.
jpf
Messages
2
Reaction score
0
Hi, all. This is my first post. Although my question isn't directly physics related, I hope I will be able to get some feedback, as I haven't had much luck finding career advice forums for math & stats.

I recently obtained a BSc with a major in Mathematics. This is not an honours or specialization degree; instead, I simply took a number of math and stats courses that interested me (ODEs, PDEs, calculus, analysis, modelling, probability, stats, linear algebra, etc.). Other coursework includes 2nd year physics, chem, neuroscience, and genetics.

I am trying to decide what to focus on in grad school. I am old enough that I feel a PhD is more or less unrealistic, but I am willing to devote 2-3 years for an MSc. I have done some undergrad research in modelling related to biological systems and enjoy it. Employment opportunities are a significant concern for me, but I'm not out to make the most money possible, just a reasonably good salary (hopefully 70k+/year after some experience).

I'm attempting to wrap my head around the opportunities and job market for someone with a math background, and I've gotten the impression that a MSc in stats would be more employable than an MSc in applied math (say biomathematics), especially if stopping at the MSc level. I like stats, particularly stochastic processes rather than, say, running t-tests, but I think I prefer modelling. That being said, I'd happily pursue stats if it meant a significantly better chance of a career.

I have a few years experience writing software (mostly business web apps).

I would love to hear some opinions or anecdotes, especially from those who have experience in either or both areas.

Thanks.
 
Physics news on Phys.org
If my first post was too long, here are my main questions:

Which master's degree is more likely to enable me to find degree-related work, applied math or statistics?

I've been told a master's is sufficient to start a career in stats. Is the same true of applied math, or is a PhD generally required?
 
I don't know if anyone on here works for any of the well known defense companies of your country, whichever country you are from?? Also, if you choose to work in one, do you think the engineering education provide from your school would adequately prepare you for the job. What do I mean by that? Well if you work at say Lockheed Martin and you work in the latest iteration of a missile or if you work at Pratt & Whitney, they assign you to work in the team helping out with building the jet...
Hello, I graduated from undergrad a few years ago with a Major in Physics and minor in Electrical Engineering. I tried to get experience working on and testing circuits through my professor who studied Neutrinos, however covid caused the opportunity to go away and I graduated with no experience or internships. I have attempted to break into the engineering industry with no success. Right now I am considering going for a Masters in Electrical Engineering and I need advice on if this would be...
So lately, my interest in the realm of optics/optoelectronics/photonics engineering has grown and I have started to seriously consider pursuing a career in the field. I have done a bit of career research and also have done some learning on the side to gather more knowledge on these topics. However, I have some questions on what a career in these fields would look like, and I wanted to find out more about this area to know what I would be getting myself into if I did make the choice to pursue...
Back
Top