Will a Masters in Mathematics Enhance Job Opportunities After a BSc in Physics?

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Discussion Overview

The discussion revolves around the potential benefits of pursuing a master's degree in Mathematics after obtaining a BSc in Physics, particularly in relation to employment opportunities in finance and banking. Participants explore various educational paths and their implications for career prospects.

Discussion Character

  • Exploratory
  • Debate/contested
  • Technical explanation

Main Points Raised

  • One participant questions whether a master's in Mathematics would enhance employment prospects compared to pursuing a PhD.
  • Another participant suggests that for investment banking, both Mathematics and Physics backgrounds are valuable, with a preference for Physics graduates in the USA.
  • A participant expresses interest in finance and considers a master's in Financial Mathematics, indicating a desire to apply mathematical problem-solving in a financial context.
  • One reply recommends pursuing a Financial Mathematics program and suggests applying for internships or analyst positions in banks, highlighting the competitive salary potential in the field.
  • A participant shares personal experiences regarding job offers in the USA for chemical engineering, noting high starting salaries.
  • Another participant recommends applying to the MSc Risk & Stochastics program at LSE as a suitable option.
  • One participant points out the higher costs associated with financial mathematics MSc programs compared to general applied mathematics programs, listing several reputable institutions for various MSc options.

Areas of Agreement / Disagreement

Participants express differing views on the value of a master's in Mathematics versus a PhD, as well as the specific benefits of various master's programs in relation to career goals in finance. There is no consensus on the best educational path or its impact on job opportunities.

Contextual Notes

Participants mention varying costs of different master's programs and the competitive nature of job markets in finance, but do not resolve the implications of these factors on decision-making.

Who May Find This Useful

Individuals considering further education in Mathematics or related fields, particularly those interested in finance or banking careers, may find this discussion relevant.

jamesa00789
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So next year I am graduating with a BSc Physics. Just wondering if having a masters in Mathematics will actually help employment prospects? Or would a phD be more worth while?

Thanks
 
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Employment where? If you are looking for Investment Banking opportunities, both mathematics or physics will help you, especially if you are from USA, banks there prefer physics students to math students.

I'd rather say pursue what you are interested in and you will get a job that best fits you, eventually!
 
Thank you for your reply! I am definitely looking to go into finance or banking. I want to be the one that applies maths and problem solving to figure out how to make the cash. I'm in the UK by the way.

So how about a masters in Financial Mathematics? To be honest, I feel like I am not entirely ready to go into the working world and I am interested in a subject that involves a lot of Maths.
 
If you are so keen on making money then I would definitely recommend you to consider Financial Mathematics program.

Given your physics background, an even better choice will be to apply for an internship or analyst position at some banks in UK and pursuing Financial Engineering at USA, the starting salary for experienced guys is currently around $ 150K, it is very competitive, but if your grades in your under graduate program are fair enough, with 1-3 years of working experience in banking industry nothing can stop you (caution: they will cost you a fortune, but it will take less than a year to pay them off).
 
Yeah thanks for that mate. I have an open day at a university I am thinking of applying to next week, I will visit the Business school. My friend in the USA has been offered a job working for an oil company, starting on $111,00/yr without bonus'. He does chemical engineering. I didn't realize chemical engineers were paid so much.

I have just come back from a summer job working in the USA and I really wouldn't mind working there for a couple of years.

Thanks
 
I would recommend you to apply to MSc Risk & Stochastics at LSE.
 
The financial maths MSc cost MUCH more than a normal MSc in applied maths. If you were thinking about an MSc in maths then there are few of general/specific MSc's that I would recommend.
The fluids MSc from Manchester is very well regarded, ther applied maths MSc from Imperial is good, the UCL MSc also has some good options (including financial) as well as Oxford and then there is part III at cambridge.

Mat
 

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