5 High Paying Jobs For Math Majors (That Aren't Teaching)

As requested, here is my list of high paying/in demand careers for mathematics majors that have (almost) nothing to do with teaching. Happy earning fellow math majors! 1. Actuary Actuaries essentially put a price tag on uncertainty.Actuaries use lots of probability theory, financial mathematics, and. Mortality rates to come up with these numbers.Actuarial science is infamous for its exams. There are a number of exams to pass to earn your certifications, and I can tell you from experience they are hard. You have to be pretty good at math to pass these. Actuaries are consistently rated near the top in job satisfaction, benefits, and salary. When I went through school you typically needed a bachelors degree and it was very nice if you had an internship along with an exam or two passed. Employers are typically insurance or consultant firms (maybe the government) 2. Mathematican If you love solving math problems, but not interested in teaching, maybe you’d like to solve real world, or theoretic math problems, you could become a mathematician. If you’re more into applied mathematics, companies will hire skilled individuals to deal with numbers, build models, and solve issues using their knowledge of mathematics and some research heavy colleges may have openings concentrating on researching and working on new problems in math with limited or no teaching responsibilities. The education requirement might be a little higher depending on what you’re looking at. Typically a mathematician would need a masters degree or even a Phd( especially if you’re planning on doing research at a university.) A bachelor's degree in math is still a great start and might open a lot of doors. 3. Financial Analyst/Planner This is kind of like a distant cousin to the actuary but this is probably a pretty broad field with lots of different tracks you could take and has more of a business feel.Some of the things you could be doing include researching and analyzing a companies, expenses ,sales, prices, etc to determine the companies value and make investment decisions. To qualify you’ll need at least your bachelors degree and most like need to be proficient with Microsoft excel to get in the door. After that, depending on which way you go you might need more education (something like an MBA) or a professional certification like a CFA or CPA. 4. Statistician/Data analyst Almost certainly during your math studies you took a least a little bit of statistics. If you enjoyed the class and wanted to expand your knowledge you could become a statistician. A statistician, as you might guess, works with applied (or theoretical statistics) . Your title could be statistician or you might do something similar to data scientist Maybe that means you’re an employee, a private consultant, a researcher at a university, or especially in the government. Government is very concerned with the facts and figures about things so they’re a huge employer of statisticians What’s kind of cool is that pretty much everything on this list so far has a hint of statistics. Being a statistician may indeed open doors to other areas if that’s something you want to keep in the back of your mind. If you enjoy facts, figures, gathering and organizing data, and using math ability to draw conclusions, you might want to look into this field .To get started you’ll probably need a bachelors in math or statistics and be willing to learn whatever software program your employer uses. 5. Cryptographer I think the most interesting career on my list is cryptography , the art, (or I should really say the science) of making or breaking codes. This is certainly the most IT and computer science heavy career on this list but involves some pretty serious discrete mathematics. If you enjoy algorithms, number theory, and linear algebra, along with coding, this might be a good fit. That might sound like a lot but if you can do this well cryptographers are very well compensated, ►BECOME A CHANNEL MEMBER    / @brithemathguy   Disclaimer: This video is for entertainment purposes only and should not be considered academic. Though all information is provided in good faith, no warranty of any kind, expressed or implied, is made with regards to the accuracy, validity, reliability, consistency, adequacy, or completeness of this information.