Unlock Career Paths with a Maths Degree

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Discussion Overview

The discussion explores potential career paths for individuals with a mathematics degree (BSc in Pure or Applied Maths), focusing on industry roles beyond academia, such as teaching or research. Participants share insights on various job opportunities and the qualifications or skills that may be necessary for these positions.

Discussion Character

  • Exploratory
  • Technical explanation
  • Debate/contested
  • Career-related

Main Points Raised

  • Some participants suggest roles such as accountant, actuary, management consultant, and positions in industries like telecommunications and aerospace.
  • Others argue that specialized knowledge, such as strong statistics and computer science skills, may be required for certain positions, particularly in government statistics or industrial roles.
  • A participant mentions that evidence of strong mathematical modeling skills, especially in computer modeling, is crucial for industry roles, based on conversations with professionals in aerospace.
  • Genomics is highlighted as a field that seeks mathematicians, but it requires specialized knowledge to be competitive.
  • There is a discussion about the financial services industry employing Ph.D. mathematicians with expertise in stochastic differential equations, referencing the Black-Scholes model.
  • Some participants express that the number of mathematicians in industry is smaller than expected compared to academia, with one noting that this fact was historically downplayed by the American Mathematical Society.
  • Another participant emphasizes that a good mathematics degree can provide significant opportunities in the UK job market, countering the notion that a Ph.D. is necessary for many roles.
  • One participant shares their experience of receiving job offers in the City of London before completing their degree, suggesting that the market may be saturated but still offers opportunities.
  • A participant from Australia mentions specific job opportunities in geostatistics and resource evaluation, particularly in regions with active petroleum industries.

Areas of Agreement / Disagreement

Participants express a range of views on the necessity of advanced degrees for industry roles, the importance of specific skills, and the overall job market for mathematics graduates. There is no clear consensus on the best path or the requirements for success in various fields.

Contextual Notes

Some claims about job market saturation and the necessity of certain qualifications may depend on regional differences, particularly between the UK and Australia. The discussion reflects varying perspectives on the relevance of advanced degrees and specialized knowledge in securing industry positions.

Who May Find This Useful

Individuals considering a mathematics degree, current students exploring career options, and professionals in STEM fields looking for insights into industry roles for mathematicians.

theperthvan
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What sort of jobs could someone get if they got a degree in maths i.e BSc(Pure/Applied Maths)?
Apart from being a maths teacher, professor, researcher etc..., but more industry work?
Cheers,
 
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Accountant, actuary, management consultant, model things for BP, say, or any other industrial company, work for the met office, the office of national statistics, work for IBM or similar, the telecommunications industy employs mathematicians. The list is really quite long.
 
Qualify Matt G's advice somewhat?

matt grime said:
Accountant, actuary

There are special schools/exams for that kind of thing.
matt grime said:
model things for BP, say, or any other industrial company...work for IBM or similar, the telecommunications industy employs mathematicians

That is, Ph.D. mathematicians with a strong background in PDEs, information theory, etc., or programmers of proven ability who also know about those things.

matt grime said:
the office of national statistics

But they will probably want strong statistics and computer science background.

This might have come out wrong: I am trying to say that what degree(s) you have probably don't matter so much, but you would need to show evidence of strong ability in mathematical modeling, especially computer models.

This is based on my conversations with people who work at Boeing and elsewhere in aerospace in the U.S.; it was a bit of a shock to me to find that what people who actually work in industry say is important is quite different from what my math professors said was important!

I'd another important possibility: genomics. You can look for a printed talk by Eric Lander which attempts to recruit bright math majors into this field. But notice that again there is already a lot of specialized knowledge and expertise you'd probably need to demonstrate to be a competitite candidate.

Yet another possibility: the financial services industry employs some Ph.D. mathematicians who know about such things as stochastic differential equations; see http://en.wikipedia.org/wiki/Black-Scholes to get some impression.

It is important to understand that the number of mathematicians employed in industry is not as large as some would expect, compared to the number employed in academia. In my day, the AMS suppressed this fact, which did some of us a disservice.
 
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the american mathematical society was right down the street from where i used to live, i always wondered what went on in that building.
 
Chris Hillman said:
There are special schools/exams for that (accountancy/actuary etc) kind of thing.

not in the UK... a good maths degree gets a very good foot in the door. Anderson, as used to be, for example, like to recruit direct from the maths graduates at Oxbridge. I had some very nice offers to go work in the City before I'd even completed the second year of my degree (in maths).
But they (office of national statistics) will probably want strong statistics and computer science background

what kind of degree in mathematics doesn't involve a firm grounding in statistics? Not one in the UK...

I also think you're overstating the need for a PhD. Certainly by UK standards. (and I'm not going to pander to the US market here: you don't say you're from the US then you're going to get advice from the UK.) The markets for people with maths degrees, outside of the obvious professional specialities, seem as saturated as any other similar market. Not that you'd want to do the jobs that might come your way. Heck, you could even do a law conversion course, at the expense of some company.
 
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I'm from Australia. All advice is good.
 
The ABS runs a good grad program in Canberra.

I'm guessing you're in Perth, so there's the possibility of getting into geostatistics and going to work out Kalgoorlie or the Pilbara in resource evaluation as well. Petroleum companies up on the north-west shelf and SA/Tas are also always looking for people who have excellent computer modelling skills.

I only mention the mathematical geology because that's more or less what I do :) And with the current boom, there's certainly jobs!
 

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