Mathematics is needed in almost all fields and industries, be it science and technology, research, manufacturing, business, healthcare or anything else. People with a mathematics background tend to have highly developed logical skills, along with good problem-solving skills and critical thinking. If you are math-lover, and are considering to pursue a career related to math, there are two broad career paths – academia and industry. In academia, the focus is mainly upon research, while in the industry there are versatile options to choose from based on your interests. Read on to know more about 7 career paths for the math-lover in you.
Data scientists – One of the in-demand careers, data scientists are ones who deal with processing large amounts of data. They use various machine learning and statistical tools to understand and analyze the data generated. Through their services, they help businesses predict trending in the market, find solutions to problems through analyzing the data available. A sound knowledge of coding skills in programming languages like Python, R, Java, C, or SQL is an important skill for all aspiring data scientists.
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Statistician – A job career with five times rise in demand forecasted in the forthcoming years, statisticians are employed in many industries. statisticians apply statistical methods and models to understand trends in real-world problems. Their job includes gathering, analyzing, and interpreting data to help in taking decisions in business, product development and feedback, healthcare, and manufacturing. Statisticians may also be required to design surveys, opinion polls, or experiments to collect and generate data that can be further processed for analysis.
Economist – Economists gather and analyze data, investigate trends, and evaluate economic concerns to learn more about the production and distribution of commodities, resources, and services. They research and study upon a wide range of topics, right from economic development, employment, business cycles as well as health, education, and the environment.
Computer Programmer – Computer programmers work to create and test code for software applications and program. They are also involved in updating and expanding programs that are already existing, checking programs for any errors and fixing faulty code lines. If you want to become a computer programmer, you should be well-versed in as many computer languages like Java, C++ and others, as much as possible, along with a strong background in mathematics.
Auditor – The job of auditors is to analyze and produce financial documents while checking for their accuracy, and then report back the same to key stakeholders regarding their findings. Internal auditors check for mismanagement of an organization’s funds and identify ways to improve processes for eliminating waste and fraud. While internal auditors look for misuse of an organization’s money and suggest methods to enhance waste and fraud-prevention systems, external auditors are employed to do the same task, although by an external (outside) organization. Another type of auditors are the information technology auditors. Their work is focused on reviewing computer system controls for their businesses.
Medical Scientist – Medical scientists combine the knowledge of both life sciences and mathematics to design and conduct experiments, usually in the form of clinical trials. They may also be involved in developing experiments for investigating the efficacy of drugs, and proving various hypotheses. Their overall goal is to improve human health and welfare through research on human disease and conditions.
Actuary – Actuaries apply various mathematical, financial, and statistical methods to analyze, assess, and predict risks in all kinds of industries and professions. To put it in another way, actuaries utilize rigorous mathematic tools to assess risk and uncertain situations. Traditionally actuaries are known to be associated with fields like, insurance, pensions, banking and finance.
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But with the advent of artificial intelligence and data science, new opportunities are being created in other areas like technology, healthcare and environmental changes. In short, actuaries assist businesses and clients in developing strategies to reduce the cost of risk. Skills like knowledge in advanced statistics and modeling software, mathematics, and business are needed to become an actuary.
Whether you’re are technophile who loves to work with computers and programming, love handling and finding trends in statistical data, are a fan of finances and business, or like life sciences as much as biology, you could always find a career for yourself with mathematics.
