Do you enjoy solving puzzles? Do you love working with numbers? If yes, then pursuing a career in mathematics will be a rewarding and lucrative option.
Mathematicians can use their passion for math in many ways such as solving business problems or advising individuals on funding their retirement.
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Competent mathematicians are in huge demand in various industries and their expertise to perform intricate data analysis is regarded as an in-demand skill in modern business, industry and technology
Who is a Mathematician?
These professionals use their knowledge of advanced mathematics and technology for developing an understanding of mathematical principles, data analysis and solving of real-world problems. They are the experts in mathematics whose job is to develop new theories or make advancements in the present ones.
Mathematicians work with engineers, scientists and business people as a team for interpretation of numerical data, determining the projects’ results and requirements whether it is statistical or mathematical.
The main tasks of a Mathematician are:
- Gathering information by collecting statistical data.
- Interpretation of collected data.
- Creating a feasible solutions for enhancement.
Responsibilities
The following are the roles and responsibilities of a Mathematician.
- Application of geometrical or calculus concepts for designing objects in the field of robotics, architecture, business and computer graphics.
- Develop mathematical, statistical and computer models for data analysis.
- Develop the latest mathematical rules, theories and concepts in algebra and geometry.
- Designing of surveys, experiments and opinion polls for data collection.
- Supporting and improvement of business decisions using data analysis techniques.
- Proving or disproving theories using mathematical formulae and models.
- Development of computational processes or computer codes.
- Be abreast of the latest trends and developments by attending professional conferences, interacting with fellow mathematicians and reading professional journals.
Education and Eligibility
- Interested candidates have to complete their 10+2 in Mathematics Stream from a recognized board.
- Complete your bachelors in Mathematics for entry-level mathematician jobs from recognized university.
- Pursue your master and Doctorate (PhD) with specializations in applied or theoretical mathematics for career advancement in research and lucrative for jobs.
Required Skills
- Problem solving and decision making skills.
- Team work skills and also capacity to work independently.
- System Analysis and Analytics Skills.
- Communication skills.
- Time Management and Active Learning.
- Organizational skills.
- Math skills.
Tools and Technology
For ensuring accuracy and efficiency, mathematicians have to rely on the following instruments.
- Accounting Software.
- Analytical and Scientific Software.
- Compliance testing software.
- Data Scanners and Graphic Calculators.
- Project Management and Map Creation Soft wares’.
- Optical Disk Drives and Removable Media Drives.
Top colleges that offer Mathematics courses
- Barkatullah University, Bhopal.
- SRM University, Amravati.
- Tata Institute of Fundamental Research, Mumbai.
- Indian Institute of Science Education and Research, Pune.
- Xavier’s College, Mumbai.
- Tezpur University, Tezpur.
- DG Vaishnavi College, Chennai.
- S. Jain Subodh PG College, Jaipur.
- Indian Institute of Science Education and Research, Kharagpur.
Job Profiles for a Mathematician
The following are some of the job roles for a mathematician.
- Statisticians.
- Teacher or Professor.
- Actuary.
- Operation Research Analyst.
- Mathematician.
- Economists.
- Financial Analysts.
- Computer and Information Research Scientists.
Employment Sector
The following are some of the employment areas for a mathematician.
- Government/Private based schools and universities.
- Insurance companies.
- Petroleum and Nuclear Industries.
- Research-based and IT companies.
- Education and Engineering.
- Astronomy and Space Sciences.
- Finance, banking and accounting firms.
- Medicine and Health.
Top Recruiters of Mathematicians
- Indian Institute of Technology (IIT).
- Indian Space Research Organization (ISRO).
- Amazon.
- Indian Navy.
Salary and Career Outlook
In May 2019, the annual median pay for Mathematicians was $105,030. The median pay is defined as the pay in an occupation at which half of the employees earned more and the other half earned less.
In India, the starting salaries for different job roles are given on average. This salary is dependent on the professional’s experience and education.
- Teachers or Professors- INR 25k.
- Mathematicians and Statisticians- INR 30k.
- Operation Research Analyst- INR 50k.
- Actuaries- INR 60k.
The employment rate of Mathematicians is projected at a whopping 26% from 2018-2028.
Almost all the companies are conducting their businesses online; people are constantly on their mobiles using social media and other platforms due to which the quantity of digital data is rapidly increasing. So companies need skilled professionals who can analyze this huge data and information collected. This analysis helps the companies to enhance their business process, design new products and in marketing them too.
Mathematicians are required to help information security analysts for developing data security systems for the protection of confidentiality and users personal details.
– Samiya Firdous
