Math majors develop strong problem solving and analytical thinking skills. They spend their academic career honing the skills needed to develop logical arguments and dismantle illogical reasoning.
Math majors are also comfortable working with numbers and performing calculations. Their skills equip them to pursue career opportunities in mathematics, education, social sciences, finance, and business.
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Personal Financial Advisor
Personal financial advisors help clients achieve their financial goals. These financial experts provide information about taxes, savings plans, and retirement funds.
Their job also involves overseeing their clients’ investments. They may advise their clients about which investments to consider or make investments for their clients. They explore all options, including the best alternative investments, to help clients diversify their portfolio and generate revenue. These asset classes can include real estate, fine art, hedge funds, and digital currency. Duties involve staying informed about great investment opportunities, such as the alternative investments offered by Yieldstreet.
Personal financial advisors earned a median annual income of $65,222 in 2020.
Math Tutor
Many students struggle with math in school, including subjects like calculus. Math majors who enjoy working with children and have good communication skills are ideal math tutors. Math tutoring services and online math tutors, such as those offered by Hello Thinkster, are designed to help students in elementary, middle, and high school master mathematical processes and theories. Hello Thinkster also offers tutoring options for those who’re preparing to take standardized tests. Tutors play a vital role in education and help students succeed.
Salary.com reported tutors earned a median annual salary of $39,660 as of 2020.
Market Research Analyst
Market research analysts gather and evaluate data. They receive data from multiple sources, including consumer reviews and asset allocation surveys. They use this information to develop sales projections for products. They help determine how much companies should charge for goods and services.
Market research analysts also help direct commodity development. They use data to identify the products consumers want. The US. Bureau of Labor Statistics (BLS) determined market research analysts can expect to see job opportunities increase by 18% from 2019 to 2029.
The average annual income for market research analysts was $59,619 in 2020, according to Salary.com.
Accountants
Accountants may work for businesses or individual clients. You’ll want to be familiar with personal finance, tax liens, W-2 envelopes, exchange commission rules, and common IRS regulations. If you can master this, you’ll be a real asset to your clients and can help them receive higher returns.
Accountants also review expenses and identify ways to save money. For example, when they need to order tax forms, W2 envelopes, stamps, and other accounting supplies, they turn to reputable suppliers, such as Mines Press. Mines Press strives to ensure customer satisfaction at the lowest price and provide quality products and prompt service. Accountants favor vendors who meet their needs and help them maintain or lower costs.
In 2020, Salary.com reported accountants took home median salaries of $55,161.
Mathematician and Statisticians
Mathematicians and statisticians can work in several fields, including engineering, healthcare, and business. They use their mathematical skills to solve problems. Their job involves collecting data and applying mathematical formulas to reach accurate conclusions based on the data gathered. Sometimes, the best way to work as a mathematician is to start an online business.
Salary.com reported the average annual income for mathematicians was $82,588 in 2020 and that statisticians took home $78,311.
Operations Research Analysts
Operations research analysts use problem-solving skills to determine how to resolve operational issues. They identify ways to improve workplace efficiency and resolve operational issues. Their duties involve breaking down processes and evaluating the impact specific changes would have on these processes.
A great option is to work in finance and manufacturing. They may also work for the government.
The BLS projects job opportunities for operational research analysts will increase by 25% from 2019 to 2029. According to Salary.com, these mathematical experts earned annual salaries of $61,149 in 2020.
About Carson Derrow
