How much does a Mathematician make in a year?
How many jobs are there for Mathematicians?
How do you become a Mathematician?
In this video, we examine the average Mathematician salary in 2019 and Mathematician jobs growth. We gathered data from the Bureau of Labor Statistics (BLS). We look at the historical salaries and job growth of Mathematicians.
These income and job statistics are from the Occupational Employment Statistics (OES) program. These salaries do not include bonuses or benefits. In our opinion, these are the most accurate salary numbers (better than indeed, glassdoor, and payscale).
Mathematicians analyze data and apply mathematical and statistical techniques to help solve real-world problems in business, engineering, healthcare, or other fields.
Mathematicians typically do the following:
• Develop new mathematical rules, theories, and concepts in areas such as algebra and geometry
• Decide what data are needed to answer specific questions or problems
• Apply mathematical theories and techniques to solve practical problems in business, engineering, the sciences, and other fields
• Design surveys, experiments, or opinion polls to collect data
• Develop mathematical or statistical models to analyze data
• Interpret data and report conclusions drawn from their analyses
• Use data analysis to support and improve business decisions
Mathematicians apply theories and techniques, such as mathematical modeling, to solve practical problems. Typically, they work with individuals in other occupations to solve these problems. For example, they may work with chemists, materials scientists, and chemical engineers to analyze the effectiveness of new drugs. Others may work with industrial designers to study the aerodynamic characteristics of new automobiles.
After the data are collected, mathematicians and statisticians use specialized statistical software to analyze data. In their analyses, mathematicians and statisticians identify trends and relationships within the data. They also conduct tests to determine the data’s validity and to account for high survey nonresponse rates or sampling error. Some may help create new software to analyze data more accurately and efficiently.
Mathematicians present the findings from their analyses and discuss the data’s limitations in order to prevent inaccurate conclusions from being drawn. They may present written reports, tables, charts, and graphs to other team members and to clients.
They work in the following:
Government. Mathematicians working in government develop and analyze surveys that collect a variety of data, including unemployment rates, wages, and other estimates pertaining to jobs and workers. Others help to figure out the average level of pesticides in drinking water, the number of endangered species living in a particular area, or the number of people who have a certain disease.
Research and development. Mathematicians and statisticians design experiments for product testing and development. For instance, they may help design experiments to see how car engines perform when exposed to extreme weather conditions. Some may analyze consumer data to help develop marketing strategies and prices for consumer goods.
Colleges and universities. Mathematicians working in a postsecondary education institution may study theoretical or abstract concepts in mathematics or statistics. They identify, research, and resolve unexplained issues in mathematics and are concerned primarily with exploring new mathematical or statistical theories to increase knowledge and understanding about the field.
However, the mathematician occupation is a relatively small one, and many people with a degree in mathematics or who develop mathematical theories and models may not be formally known as mathematicians. Many people with a Ph.D. in mathematics, particularly theoretical mathematics, work as postsecondary teachers in education institutions. They usually have a mix of teaching and research responsibilities. Some may conduct individual research or collaborate with other professors or mathematicians. Collaborators may work together at the same institution or from different locations.
In this video, Stephen Hack talks about Mathematician statistics nationally and across the United States. “How much does a Mathematician make?” and “How many jobs are there for Mathematicians” are important questions for people trying to choose between different fields. Mathematicians are well paid professionals that play a vital role in our society.
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Video source Youtube