¶ … decision to become a math major should not be taken lightly. Recent graduates are generally required to have a master's degree and the job market for mathematicians is competitive ("Mathematician: Summary" 2012). In 2010, there were only 3,100 positions for mathematicians in the U.S. And the need is expected to increase by only 16% between 2010 and 2020. Those who are able to secure a position as a mathematician generally work in federal agencies and in private science and engineering research companies. In 2010, the median salary for mathematicians was $47.78 per hour.
Given the competitive nature of the mathematician job market, math majors frequently augment their course of study with other course work or complete a double major ("Mathematicians: How to become a mathematician" 2012). For example, a math major who would like to secure a position in engineering research would benefit from engineering coursework or getting a second degree in engineering. Taking a multidisciplinary approach gives job...
College graduates with math skills can fill positions in computer programming, systems analysis, systems engineering, and statistics, but their coursework should reflect the goal of finding a position in these professions. For example, there were an estimated 25,100 positions for statisticians in 2010, who were earning a median salary of $35.02 per hour ("Statisticians: Summary" 2012). Mathematicians with a bachelor degree can also sometimes find work in government agencies or as a school math teacher, but to teach at the college level a master's or doctorate degree is generally required ("Mathematicians: How to become a mathematician" 2012).
Should a math major be interested in risk assessment (actuarial science) in business, then…
