5 Careers with a Master’s in Mathematics Education
- Actuary
- Financial Analyst
- Computer and Information Research Scientist
- Economist
- Mathematician
Obtaining a Master’s in Mathematics Education can be the first step towards a very exciting and rewarding career. When we think of a mathematics degree, becoming a math teacher is what often comes to mind first. While helping to shape the minds of students and sharing and instilling a love of math can be extremely rewarding, various other careers are possible with a Master’s in Mathematics Education. Here are five unique careers possible with a Master’s in Mathematics Education.
Actuary
Every one of us at some point has wondered what the chances were of a certain thing happening. Actuaries are the professionals who help to answer these questions. When a business needs to crunch numbers to determine the possibility of an event like an accident, death or some other disaster happening, they call upon an actuary. They compile and analyze statistics, create strategies to decrease the chance of risk, write reports explaining their research and advise their clients on what they found. Actuaries may work in various industries, but insurance companies utilize their services the most. Their work helps insurance companies determine the least amount of risk, which helps the company determine who to insure and what to charge. The U.S. Bureau of Labor Statistics (BLS) predict job growth of 22 percent between 2016 and 2026.
Financial Analyst
If an individual or company makes a poor investment decision, it can be very costly, which is why many use the services of a financial analyst. Financial analysts monitor the stock market, analyze market trends and obtain knowledge of different investments and their performance potential. They also study financial statements; write reports for clients, and advise clients about their financial portfolios. They use this knowledge to help others make sound financial choices. Financial analysts work with individuals, families and large corporations. Employment growth of 11 percent is predicted for financial analysts.
Computer and Information Research Scientist
If there is a challenge in the business world, computer and information research scientists are often called upon to solve the challenge. They not only use their knowledge of computer technology to solve problems but also develop new technology and find innovative methods to improve existing technology. They work on difficult computing problems in business, medicine, science, engineering and other fields. Computer and information research scientists explore computing issues, develop theories to address those issues, conduct experiments and present their solutions to management. They also invent new computing tools to improve the way the world works with computers. Computer and information research scientists are expected to see a 19 percent growth in jobs.
Economist
The work that economists do can be seen every day in a dozen different ways, from healthcare and education to the environment and business. Economists are experts in both the distribution and production of goods and services. Every day we hear about the fluctuating economy, which is the main focus of an economist. They study issues in the economy and develop proposals on how to fix the problems and stabilize the economy. Economists research the economy, use statistical and mathematical formulas to analyze financial data and provide information to organizations. Job growth of 6 percent is expected between 2016-2026.
Mathematician
A mathematician may not be the most unique math career, but it’s a popular and exciting career. Mathematicians analyze facts and figures to help solve business problems. They develop statistical models to help them analyze data; interpret mathematical information and write reports explaining their calculations and how they came to their answers and solutions. A perfect example of what a mathematician can do goes way back to the Rubik cube and how it was solved the very first time. Mathematicians may find work in a variety of industries. They can expect job growth of 33 percent by 2026.
Related Resource: 25 Most Affordable Online Master’s of Mathematics/Statistics Education Degrees
The BLS indicates that employment of mathematics jobs is expected to grow 28 percent during the decade of 2016-2026, resulting in the creation of more than 50,000 new jobs. Individuals with a Master’s in Mathematics Education will be in great positions for many of these unique and fulfilling jobs.