Maths Degree Jobs & Careers: Where Path Can You Take After You Graduate?

There are certain careers and job roles in both the public and private sectors where studying for and obtaining a Maths degree are definitely a bonus. Employers and companies will certainly expect prospective employees to have studied for a Maths degree when it comes to offering employment in certain positions. Let's take a look how gaining a degree in Maths or Maths and an associated subject will help open the door to certain career paths, while offering the opportunity to earn substantial financial rewards.

Mathematics

Students who choose to study for a Maths degree will find that this degree is useful when applying for a number of jobs or when wishing to pursue certain career paths. Prospective employees with good quantitative skills are valued by employers in many areas especially in Information Technology roles, Accountancy and Consultancy positions too. Maths graduates have so much to offer employers with skills such as logical thinking, computing, analysis, statistics and problem solving rating high in employers' requirements for many jobs. Further careers open to Maths graduates include

British Aerospace

Working for British Aerospace sounds very exciting, while those who wish to pursue a career working for this establishment will find there are a number of roles open to them. Within BAE Systems UK roles such as working in combat systems designing and developing technology used in submarines and the Royal Navy's fleet are both challenging and exhilarating. Positions are available all over the UK from as far north as Glasgow and south as Portsmouth and Surrey.

Design engineer is another role within Aerospace where team members will work together to complete projects concerning war ships or carry out complex technical surveys by evaluating technical options and producing reports to help problem solve. An Aerospace Engineer will work on the design, development and maintenance of civil and military aircraft, missiles, satellites and weapon systems. Career progression is practically guaranteed as workers gain experience and prove their worth to the company. More options and information regarding careers with BAE can be found at the website.

Education

Teaching the maths students of tomorrow is a very rewarding job that many maths graduates decide to pursue when they leave university. What better reward for all the hard work done than to pass on your knowledge to the next generation. Good maths teachers are always in great demand therefore choosing to train as a teacher will offer prospective candidates a job for life. Maths is a very important subject with children needing to gain their GCSE qualification in the subject in order to further their careers and options in life.

Teaching maths offers candidates a very competitive salary, great opportunities for career advancement onto becoming heads of year or even head teachers, while the role of teacher is also very rewarding and appreciated in general. Further information regarding getting into teaching any subject including maths is available from the Department of Education website.

Pharmaceuticals

Most people who go into this area of work do so as they like to feel that they are in some way helping to improve the lives of others. The pharmaceutical industry is vast in nature with many roles that are well suited to maths graduates. Research and development is a large part of the work done here with pharmaceutical companies regularly discovering medicines that will cure patients of their ills. Pharmaceutical companies pride themselves on creating a superb work/leisure balance for their employees along with great financial rewards too.

Many companies offer great all round packages as this industry is really competitive when it comes to hiring its staff. Many who work on the research and development side of things are scientists, while the manufacturing side of the industry relies heavily on scientists and engineers too. Further roles within the pharmaceutical industry include clinical research, statistics, sales and marketing, finance and training and development. Many companies are global meaning the opportunity to travel while working is certainly a consideration.

Investment Analyst

Investment Analysts research information and investment ideas for fund managers. This assists fund managers in their role which is to advise investors as to which investments best suit their needs. Analysts will work for investment management companies or stock brokers and investment banks that use their research to manage portfolios of investors. They will also research economic trends and evaluate investment potential.

Investment Analysts may also research investments worldwide for clients with the main type of investor analysts will research for including life assurance companies, pension funds, charities, banks, large corporations and real estate or hedge fund investors. Maths graduates who wish to work with numbers will find this role perfect as analysts study financial statements, company accounts, sector data, economic data and monitor political events. Investment analysts are paid well, while there are many positions available throughout the UK.

Mathematics and Computer Science

Maths and Computer Science leads onto roles in computing such as software or hardware analysts, research roles, finance, banking and accountancy. Major Blue Chip company roles are offered to graduates along with financial institution jobs and roles in the NHS. Graduates could find themselves working for BAE Systems as an analyst in Australia, Saudi Arabia, the US or Sweden. Management roles have also been gained by those who have studied Maths and Computer Science.

Software Analysts

Those who have studied for a Maths and Computer Science degree will be pleased to learn that there are many software analyst positions available worldwide. The role of software analyst involves keeping all software development projects on schedule, while also maintaining a high level of quality and efficiency. Software Analysts will be proficient in computer programming interface development along with developing solutions required by the company they work for.

Career prospects in this field are very good with software analysts being very much in demand therefore paid well as a result. Software analysts can find work in all kinds of industries including financial institutions, management firms and computer systems design companies. Those who reach the highest echelons of the software analysis industry can earn huge amounts of money. Many large worldwide companies offer software roles in development where developers can travel the globe while working for a company.

The Software Analyst needs to recognise the application requirements of the company they work for in addition to maintaining the companies on going software. The job may involve long hours that do not always fit in the nine to five slot but the remuneration is very good. Software Analysts are required to analyse complex data, problem solve, possess project management skills and work well in a team.

Accountancy

Those who love working with numbers will enjoy working as an accountant. Accountants may be employed by companies to keep their financial books in order or maybe graduates would like to set up their own accountancy business? Many prefer to start out working within a company to gain experience and this is probably the best way forward. Working in accountancy is like doing a jigsaw really in that the accountant takes all journal entries and documentation bringing them together to give an overall picture as to how the finances of the business are progressing along with the general state of the business.

All kinds of businesses require an accountant from finance, fashion and sport through to small businesses and companies both here in the UK and abroad. Accountants will produce financial reports, analyse estimates and close the books, while deadlines sometimes need to be met so packing in at 4pm to go home isn't always an option for the accountant. That said accountants can make a great deal of money as a good creative accountant is an invaluable resource to a thriving business.

NHS Roles

Bioinformatics (genomics)

A role in this department is just one example of the type of position a graduate in Mathematics and Computer Sciences can apply for. Genomics connects computing with biology and medicine through research and development. When it comes to Genomics there is literally tons of data produced meaning a wide range of bioinformatics systems are required in order to deal with it. Those who wish to work in this area require knowledge in genomics, genetics, computing and sciences.

This type of role involves team work as a healthcare science worker in this field will work with clinical scientists, doctors, specialist nurses, genetic counsellors, IT teams and software and database providers. Ability to work effectively in a team requires good communication skills, while other requirements include comfort using technology, systems and processes as well as a high degree of accuracy. Those with an appropriate degree may then apply to enter the NHS Scientist Training Programme which is a fixed term training salaried post. There are many roles within this area of the NHS where graduates can apply their Maths and Computer Science knowledge.

Mathematics and Statistics

The use of statistics is fundamental to many careers with those who gain a Maths and Statistics degree placed in an ideal situation to find an appropriate role to suit. Analysing data is entrenched in all types of industry and organisations with the need for qualified analysts ever growing. Modern statistical methods are used to analyse data with employees needing to use advanced mathematical ideas along with computer skills meaning experience and knowledge in these areas is paramount and sought after. Those with a Maths and Statistics degree will certainly possess the skills to do well in this area.

Actuarial Professional

A typical role that will suit those with a Maths and Statistics degree would be as an Actuarial Professional. An actuary is a business professional who analyses the financial effects of risk using Mathematics, Statistics and Financial Theory to do so. Take a look at typical actuary roles offered to graduates looking to start out in this industry.

A Professional Actuary is proficient in the art of risk assessing and managing risk for the company they are contracted to. Companies want to be protected against loss with a view to growing both financially and in terms of working towards the future of their business. Actuaries take away the worry for businesses by assessing the risk for them and offering sound advice as to how to move forward.

Actuaries enjoy superb working conditions, are very highly paid and find their work both rewarding and exciting. Many large companies will not make any decisions without first consulting an actuary as an actuary can be the difference between success and abject failure. Actuaries' expertise includes evaluating the likelihood of events using numbers, creating ways to avoid catastrophic events while decreasing the effect of unwanted events should they happen.

Operational Researcher

Careers in operational research are also an option to consider for those with a Maths and Statistics degree. Operational Research is sometimes known as Management Science and was developed during World War II in order to apply mathematical and scientific techniques when planning military operations. These techniques are used today in all kinds of industries, government services and commerce.

Using analytical and creative skills an operational researcher will enable companies to develop better systems and operational procedures. The researcher will examine the company's operations and by using mathematical and computer software they will find more productive ways of working. The company then are armed with information that will lead to better policy making and decisions in the future. As a project progresses the researcher must keep the client informed of any progress and results to persuade them to use the changes they advise therefore good communication skills are also paramount.

Mathematics and Philosophy

Maths and Philosophy complement each other and make searching for a role exciting as this degree opens up any number of opportunities to those who have been successful in gaining the degree. Diverse roles include software developer through to teacher. Further roles include

Public Service Roles

Maths and Philosophy brings together two of life's most applicable intellectual skills. Used together in certain roles the one compliments the other enabling the employee to tackle numerical problems, while philosophy enables us to analyse issues and articulate understanding. Civil and Diplomatic Services welcome such graduates with those who choose to enter the field of diplomacy finding themselves travelling the world, while remuneration is good.

The first two years working in the diplomatic service employees work from the FCO Whitehall with year one learning about policy, security, defence and human rights issues. Year two employees either work on providing assistance to those who have been forced into arranged marriages abroad, take on a corporate role in an office or learn a foreign language. Once the two years are complete employees are posted abroad to an embassy or consulate.

Risk Analyst

A Risk Analyst or Risk Manager evaluates therefore reduces the financial risk for the company or organisation they work for. Their role is to protect the company from foreseeable financial hazards, while also anticipating the unseen. Risk analysts are required to analyse data quickly and will find positions in banks, financial institutions, sales and trading companies. They work with statistics and mathematical formulas in order to present companies with an accurate projection of their financial outlook. Risk analysts are very well paid with plenty of scope for promotion, while sometimes travel is an integral part of the risk analyst's role.

There are four different roles that a risk analyst can take on

  • Operational risk analysts study companies in order to watch out for employee fraud
  • Credit risk analysts weigh up the probability of a client not paying for their company's services or products
  • Regulatory risk analysts monitor changes in the law that may affect a company
  • Market risk analysts watch for outside influences that could have a negative effect on their company

The combination of Maths and Philosophy sets up the individual to not only be accomplished in numeracy and all it involves but also develops a student's ability to analyse an argument using a logical approach to problem solving. These skills can be used to accomplish career progression in both the above jobs and are invaluable in the working environment.

Mathematics and Physics

A Mathematics and Physics degree opens the door to a range of jobs and careers with many professions considering students for roles when they have studied for this particular degree. Those who have studied for this degree are recognised to have a practical approach to problem solving, possess superb communication skills and are able to reason with clarity. There are many roles that require these attributes including such roles as in scientific research, the media, finance, government departments and industry that look for Maths and Physics degree graduates.

Research Scientist

Those who work in the scientific research field may spend a great deal of their working day in the laboratory, while this isn't true for all research scientists.  Research scientists are employed in all fields of science  with notable names from the past including Sir Isaac Newton and Marie Curie. Research scientists plan and expedite experiments sometimes many times over in order to find the result they are looking for.

Research scientists gather, examine and compare data with previous findings to see if any improvement can be made or to see if connections can be spotted. This sometimes involves testing on animals for the good of mankind. Looking at reams of computer data is also sometimes involved. The research scientist must possess a huge amount of patience as the work can be repetitive but if the end result is a discovery that will change things for the good then the role is also extremely rewarding.

When it comes to pay employees in this field can earn good money with private companies tending to pay more than institutions such as universities and labs. An experienced researcher can expect to earn upwards of £60,000 per annum, while no matter what the pay those entering this field need to know if the role is suited to them.

Radiotherapy Physicist

Gaining a degree in mathematics and physics opens the door of opportunity to become a Radiotherapy Physicist. This is a diverse and rewarding career where clinicians will diagnose and treat Cancer patients while working as part of a team. In Radiotherapy the physicists will plan individual patient's radiation treatment, while also playing their part in the diagnosis procedure.

Physicists also provide a radiation protection and safety service consulting on and being involved in the design of radiation facilities along with safe handling and storage of radioactive materials. Monitoring and ensuring the safety and working of all equipment is also part of the job as well as the procurement of scanners and x ray equipment.

Working in this area can be difficult but very rewarding (and not just financially) as by using good communication skills when dealing with patients who are naturally distressed the clinician will reap emotional rewards too. There is good scope for career progression here, while those interested in a career in this field should visit the NHS careers website.

Meteorologist

Being a meteorologist doesn't simply involve standing in front of weather maps telling television viewers what kind of weather to expect that week which is the popular notion. There is a lot more to this job and those with a Maths and Physics degree are well suited to enter this field. A Meteorologist uses scientific principles to explain, observe and understand the earth's atmospheric phenomena.

There are many different types of Meteorologist meaning there are different roles to think about when going into this area of employment. Types of Meteorologist include

  • Broadcast meteorologists who interpret and broadcast the weather forecast for TV
  • Research meteorologists who work for government agencies, NASA or the military
  • Forensic meteorologists who investigate insurance claims by looking at past weather systems
  • Climate meteorologists who study long term weather patterns and data in order to predict future climate trends

Pay in this sector varies depending on which role you pursue and who you work for with management roles paying circa £60,000 per year. Careers are advertised on the Met Office website.

Mathematics and Economics

Maths and Economics graduates are much sought after for roles such as in Finance, Managerial Positions, IT, Risk Analysis, Accountancy and Auditing. Employers admire students who can apply themselves in more than one field, while Maths and Economics graduates display the ability to research, evaluate and communicate information along with practical and technical skills.

Studying a combined subject broadens the horizons of employees, while those who wish to go into teaching will be qualified perfectly to do the PGCE exam in either Maths or Economics. Areas of opportunity you may wish to consider include

Economist

Economists provide specialist advice based on the application of economic theory and logic. By studying data and statistics economists can reveal trends, carry out research and collect huge amounts of data. Once collected they analyse the data in order to produce forecasts of economic trends and establish the knock on effect of their results so they may recommend ways to improve efficiency.

Advising businesses and other organisations is the name of the game for the economist, while in order to do so they use state of the art software plus sophisticated methods in statistical analysis to sort this information to present to the customer.  Research areas include interest rates, energy, health, transport, taxation and employment. A typical work project could be one of the following

  • Analysing the economic impact of developments in transport infrastructure
  • Advising employers or trade unions on policy options and their economic implications
  • Investigate how exchange rates affect the productivity and competitive elements of trade within the UK and abroad

Many economists are employed by the government or schools, while many work in the private sector too. There is a lot of money to be made by economists especially in the private sector as companies rely very much on the economist's projections to ensure their company will remain viable.

Financial Analyst

A Financial Analyst is responsible for three things, determining the value of an investment as it stands, to create advice reports and research new potential investments. Jobs available include working in Banks, Building Societies, Investment Funds or working for Pension Funds. People who love to work with numbers will be well suited to this role and find it rewarding.

Finding and analysing the right investments is paramount for the Financial Analyst, while producing advice reports that provide background information on the investment is also important too. Analysts also look at comparable investments and any news relevant to the future performance of the investment both in the short term and long term.

Advice is also another area where the Financial Analyst must perform as they recommend whether their company must buy, sell, hold onto or pass a particular investment. Looking at what other analysts worldwide are doing is also important as is building a folder of business contacts. This role is not for the person who prefers a laid back approach as the hours and pressure can be taxing for the analyst but the financial remuneration can be excellent with pay varying in different parts of the country. The analyst needs to be on the ball and a good communicator too, while those who thrive on the cut and thrust of life will find this job exhilarating.

Quantity Surveyor

A Quantity Surveyor manages costs involved in building and civil engineering projects from the start to the finish of the job involved. The aim of the Quantity Surveyor is to keep costs down where possible and also get value for money but not at the expense of quality and standards, while there are naturally building regulations that the surveyor must stick to.

The Quantity Surveyor is one of the main players in a building project compiling costs and estimates for the job, while working on site or in an office. As the project moves forward the surveyor keeps tabs on what is spent watching out for variations that may veer from the budget. Quantity Surveyors are valued members of the construction team and can demand excellent pay packages as a result. Some of the responsibilities of a Quantity Surveyor include

  • Preparing contract documents
  • Cost analysis
  • Feasibility studies
  • Cost control and value management
  • Advising on procurement
  • Costings for tenders
  • Progress reports
  • Valuing completed work and arranging payment