What Career Fits My Passion for Math and Learning?

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SUMMARY

The discussion centers on career options for individuals with a background in Mathematics and Statistics, particularly those seeking low-stress environments. Actuarial science is highlighted as a lucrative field accessible with an undergraduate understanding of calculus and statistics, with potential employment in both government and private sectors. Participants emphasize the importance of passing actuarial exams and suggest that statistics-related roles can also be viable, although a master's degree may enhance job prospects. Resources such as the American Mathematical Society and beanactuary.org are recommended for further exploration.

PREREQUISITES
  • Understanding of calculus and statistics
  • Familiarity with actuarial science principles
  • Knowledge of job market dynamics in mathematics-related fields
  • Awareness of government job application processes
NEXT STEPS
  • Research the actuarial exam process and study materials
  • Explore career opportunities in statistics and data analysis
  • Investigate government job openings for mathematics graduates
  • Learn about the roles and responsibilities of actuaries in different sectors
USEFUL FOR

Mathematics and statistics students, aspiring actuaries, and individuals seeking low-stress career paths in quantitative fields.

alexmahone
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I'm currently pursuing my undergraduate degree in Mathematics and Statistics.

About me:

I'm really passionate about mathematics. I also like physics and chemistry, though to a much lesser extent. I'm also very passionate about learning new things, regardless of the subject. For example, I recently bought an introductory economics book and loved it.

I'm not too keen about teaching. I also don't like any job that would be high-stress, like ones with lots of deadlines. I also don't like doing anything physical.

Could you suggest a suitable career for me?
 
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Alexmahone said:
I also don't like any job that would be high-stress, like ones with lots of deadlines.

find a government job
 
pickslides said:
find a government job

Are there ones offered to people with only an undergraduate math degree?
 
Alexmahone said:
Are there ones offered to people with only an undergraduate math degree?

I managed to snare one, but I'm sure it depends on where you are in the world.
 
pickslides said:
I managed to snare one, but I'm sure it depends on where you are in the world.

I live in Canada.
 
I think actuarial science is a great field that is highly paid and is attainable with an undergraduate level understanding of calculus and statistics. It takes some time though to pass the exams. I'm taking my first one in July. Other than that, I've heard that statistics in general can land good jobs although it is better to have or be pursuing a masters degree in stats for this.

This is from the American Mathematical Society but I'm sure that the information should be similar to jobs in Canada.

http://www.ams.org/profession/career-info/career-index
 
Jameson said:
I think actuarial science is a great field that is highly paid and is attainable with an undergraduate level understanding of calculus.

Are actuaries employed by the government or by private firms?
 
Alexmahone said:
Are actuaries employed by the government or by private firms?

Both :) Check out this site for general info. There are different fields in actuarial science, both in the private and public sectors although I believe more jobs are not in government work than those which are.

www.beanactuary.org
 
In general actuaries are employed by insurance companies.
 
  • #10
Alexmahone said:
I also don't like any job that would be high-stress, like ones with lots of deadlines.

"I love deadlines. I like the whooshing sound they make as they fly by." - Douglas Adams

CB
 
  • #11
Jameson said:
I think actuarial science is a great field that is highly paid and is attainable with an undergraduate level understanding of calculus and statistics. It takes some time though to pass the exams. I'm taking my first one in July. Other than that, I've heard that statistics in general can land good jobs although it is better to have or be pursuing a masters degree in stats for this.

This is from the American Mathematical Society but I'm sure that the information should be similar to jobs in Canada.

http://www.ams.org/profession/career-info/career-index

I believe the level of stress for actuaries depend on their specific field. I have a friend who is an actuary in a bank, and he thinks it is a cushy job. However, I have met actuaries who work for consultancies who have to really work for their paycheck!

To echo pickslides answer, I know in Britain the civil service do not mind what your degree is in. You do have to sit a "challenging" exam though.
 
  • #12
Swlabr said:
I believe the level of stress for actuaries depend on their specific field. I have a friend who is an actuary in a bank, and he thinks it is a cushy job. However, I have met actuaries who work for consultancies who have to really work for their paycheck!

I'm tempted to say that if you have to work really hard for your paycheck then you are doing it wrong. Now that your employers think you are working really hard for what they pay you is another matter entirely.

To echo pickslides answer, I know in Britain the civil service do not mind what your degree is in. You do have to sit a "challenging" exam though.

I have been a UK civil servant (though a scientific one, not part of the administrative civil service), and I would not like to be employed as an administrative civil servant I don't like BS (dealing with, talking, ...) enough for that.

There was one time I phoned someone at the Department of the Environment, but they refused to talk to me, I was told that this was probably because he did no know my grade, and suspected I was too many levels below him (I wasn't as it happens but that seemed to be irrelevant).

I believe I was also categorised by the DoE head of our project as not being a team player because I usually calculated the error charateristics of the numbers we produced.

(irrelevant to this post but I will repeat this anecdote anyway: I was working with the Northern Irland Office at Adelaide House and had to visit to install analysis software. The following week it had its windows blown out by a (car?) bomb. On another occaision the project leader from Northern Irland was detained by the police on the London Underground for having an Irish accent)

CB
 
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