Are Maths Degrees Worth it?

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Maths is one of the most popular subjects. However, there’s a common misconception that a mathematics degree is of no use unless you plan to teach the subject. But the truth is that there are a wide variety of rewarding and interesting jobs for people with degrees in math that make majoring in this subject worth it.

The Worth of Maths Degree to Employers

Employers look for candidates with a solid background in maths because of the many quantitative and analytical skills they bring to the table.

Opportunities for some professions based on maths – financial analysts, statisticians, mathematicians, online maths tutors and data scientists – are expanding rapidly. Those that hold a degree in maths are highly valued by employers and businesses because of the following key reasons:

  • Developing Data Storage Technology: Mathematicians are highly valued when it comes to helping businesses adapt to new data storage solutions and technologies, such as cloud storage.
  • Data Analysis in Healthcare: While many industries leverage the power of data analytics, healthcare is the one that is highly impacted by it. The industry requires skilled mathematics, data scientists, and statisticians to manage the flood of information and leverage it to improve lives.
  • Helping Businesses Make Educated Decisions: In order to stay competitive in today’s highly saturated market, businesses need to be as efficient as possible and hence, they simply cannot rely on intuition or past decisions. Instead, they must look to statistics and data. By employing experts in maths, they can make educated decisions that ensure customer satisfaction, streamline processes, and boost profits.
  • IoT, Smart Homes, and Smartphones: Smart consumer and industry technology is on the rise and those skilled in maths will continues stewarding this mass adaptation.

Industries That Hire Maths Majors

Maths is a broad and rewarding field. It broaches the big questions with practical, studied skills. Industries that seek to add skills, expertise, and knowledge of maths program graduates to their workforce include:

  • Healthcare
  • Data science
  • Cosmology and Aeronautics
  • Education
  • Meteorology
  • Sports
  • Travel
  • Accounting
  • Academia and Research
  • Software Engineering
  • Technology
  • Market Research
  • Insurance
  • Engineering
  • Finance and Banking
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Common Careers for Maths Majors

A degree in maths opens up a wide range of career options for students. Common maths careers include the following:

  • Mathematicians: Mathematicians determine the type of data that can be utilized to solve a certain problem. Professionals in this field use their knowledge and skills to develop algorithmic models that are designed to collect, analyze, and sort those data points.
  • Financial Analyst: Financial analysts offer investment and savings advice to businesses and individuals.
  • Operations Research Analyst: Mathematics experts who choose this career path use the various mathematical methods to help businesses solve variety of problems, including how to efficiently distribute and ship products.

Conclusion – A Maths Degree is an Avenue to the Future

With the rapid growth of big data and the drive of businesses in virtually all industries to make educated decisions to stay competitive in today’s highly saturated market, employers are increasingly seeking those who can interpret and manage statistics and information.

By enrolling in a mathematics degree program, you can start your journey toward an impactful, rewarding career.

If you, or your parents would like to find out more, please just get in touch via email at info@exam.tips or call us on 0800 689 1272.