As a theoretical mathematician, one studies and tests new mathematical ideas or theories. They develop new principles and recognize previously unknown relationships between the existing principles of mathematics that advance mathematical knowledge. Theoretical mathematicians are often employed as university faculty, where they teach and conduct research.
Applied mathematicians use math theories and techniques to formulate and solve problems that apply to science, computers, economics, engineering, and other fields. When solving difficult problems within industrial research and development, applied mathematicians may develop or even enhance mathematical methods.
Actuaries are very essential to the insurance industry. Actuaries assemble and analyze data to estimate the probability and likely cost of the occurrence of an event such as death, sickness, injury, disability, or loss of property. Actuaries help design insurance policies, pension plans, and other financial strategies contributing their broad knowledge of statistics, finance, and business.
Statisticians apply their mathematical and statistical knowledge to designing surveys and experiments. They collect, process, and analyze data; and then interpret the results by advising on the strengths and weaknesses. Statisticians may use their knowledge in a variety of subject areas that include biology, economics, engineering, medicine, public health, psychology, marketing, education, and sports.
Math is the foundation for so many careers. You're learning critical thinking and problem-solving skills that will help you in any field. Take a look at different career opportunities in Mathematics.
As a theoretical mathematician, you'll study and test new mathematical theories. You'll develop new principles and discover relationships between current principles that advance the field. Typically, theoretical mathematicians work at a university, where they teach and do research.
Researcher | Post-Secondary Teacher |
K-12 Teacher |
You'll use math theories and techniques to solve problems that apply to science, computers, engineering and many other fields. As an applied mathematician, you'll solve problems in industrial research and development and also enhance current mathematical methods.
Programming | Software Development |
Information Systems | Systems Analyst |
Network Administrator | Technical Training |
As an actuary, you'll be essential in the insurance industry assembling and analyzing data to estimate the likely cost in the event of death, sickness, injury, disability or property loss. You'll help design insurance policies, pension plans and other financial strategies.
You'll also be prepared for other roles in the insurance and security fields.
Actuary | Underwriting |
Claims Adjusting | Risk Management |
Insurance Sales | Financial Sales |
Financial Analyst | Credit Analyst |
As a statistician, you'll use math to design surveys and experiments. You'll collect, process, analyze data and interpret the results. You can be a statistician in several industries including biology, economics, engineering, medicine, public health, psychology, marketing, education and sports.
Statistician | Operations & Research Analyst |
Data Analyst |
In the banking industry, you can use your degree in mathematics to assess financial risks, recommend loans, manage a branch and more.
Management | Credit Lending |
Trusts | Loans |