Careers with a Math Degree
Behind every successful corporation and government entity are innovative mathematicians. Math graduates go on to exciting careers in almost every industry — powering advancements in data security, modeling performance in professional athletics, making and breaking codes and encryptions, and stimulating advancements in biotechnology.
Jobs with a Master’s or PhD in Math
PhD and master’s in Math jobs include positions in academia, with professorships focused on both research and teaching. There are also many opportunities for graduates to succeed in industry. What you can do with a math degree besides teach includes innovative opportunities to contribute to breakthroughs in many fields.
The following are just a few examples of master’s and math PhD jobs in industry, with mathematics degree salaries provided by PayScale and the U.S. Bureau of Labor and Statistics. PhD and master’s degree in mathematics salaries generally start higher than those of bachelor’s in mathematics jobs.
Biostatisticians design and conduct statistical analyses on topics related to epidemiology, genetics, ecology and many subfields of biology. They are part of a growing field that requires the ability to work with large amounts of data and are frequently employed at biotechnology firms and pharmaceutical companies. Average salary is approximately $75K.
Image Processing Engineer
Image processing engineers test and improve an organization’s image processing capabilities. This involves tasks such as testing and designing algorithms, developing novel software and creating visual interpretations of data. Average salary is approximately $85K.
Mathematicians and statisticians use their expertise and specialized knowledge to advance the field, conducting research in both applied and pure mathematics. The U.S. Bureau of Labor Statistics estimates that this job will grow 33% by 2026. Median salary is approximately $85K.
Operations Research Analyst
Operations research analysts help organizations become more efficient by conducting cost and operations analyses. This requires creative and innovative approaches to complex problems, as well as the technical competencies to gather and interpret information about large-scale operations. Median salary is approximately $81K.
Quantitative analysts maximize business profits by creating strategies for trading stock and managing financial portfolios. This involves taking a scientific approach to financial markets and using analysis to identify risk. Average salary is approximately $83K.
COMPANIES THAT HIRE MATH MAJORS
Companies that hire math majors include:
- Goldman Sachs
- Lockheed Martin
- The Federal Bureau of Investigation
- McKinsey & Company
- National Security Agency
These are just a few of the many companies that hire math graduates, which also include many of the top financial, consulting, technology and manufacturing companies. Recent graduates of our Mathematics programs have gone on to math careers at companies like Comcast, JP Morgan Chase, Exelon Corporation and Susquehanna International Group. The jobs you can get with a mathematics degree go far beyond research and teaching within the discipline.
LEARN MORE ABOUT DREXEL'S MATHEMATICS PROGRAMS
Interested in learning more about becoming a mathematics student at Drexel? Explore degree options within the mathematics department to learn more, visit our campus to explore life at Drexel firsthand or apply for a degree in mathematics.