2017 Mathematicians
Median Pay: US$111,110
Entry Level: Master's degree
Mathematicians conduct research to develop and understand mathematical principles. They also analyze data and apply mathematical techniques to help solve real-world problems.

Mathematicians typically do the following:

  • Develop new mathematical rules, theories, and concepts in areas such as algebra and geometry
  • Use mathematical formulas and models to prove or disprove theories
  • Apply mathematical theories and techniques to solve practical problems in business, engineering, the sciences, and other fields
  • 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
  • Read professional journals, talk with other mathematicians, and attend professional conferences to maintain their knowledge of current trends

Some mathematicians apply theories and techniques, such as mathematical modeling, to solve practical problems. These mathematicians, sometimes known as applied mathematicians, typically 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. Other applied mathematicians may work with industrial designers to study the aerodynamic characteristics of new automobiles.

Other mathematicians may study theoretical or abstract concepts in mathematics. Sometimes called theoretical mathematicians, they identify, research, and resolve unexplained issues in mathematics. They are concerned primarily with exploring new areas and relationships of mathematical theories to increase knowledge and understanding about the field.

Despite the differences between applied and theoretical mathematics, these areas frequently overlap. Many mathematicians, particularly those in government or private industry, will use both applied and theoretical knowledge in their job duties.

However, most people with a degree in mathematics or who develop mathematical theories and models are not formally known as mathematicians. Instead, they work in related fields and professions. In the computer systems design and related services industries, for example, they may be known as computer programmers or systems analysts. In finance, they may be known as quantitative analysts or statisticians. Other industries may refer to them as data scientists.

Computer and information research scientists, physicists and astronomers, economists, actuaries, operations research analysts, engineers, and many other occupations also use mathematics extensively.

Some people with a mathematics background become middle school or high school math teachers.

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.

Analyst Intern

Type: Internship
Analyst (INTERN)Are you looking to kick-start your career in marketing analytics consulting and econometrics? Ready to join a global team of story-telling mathematicians who are passionate about driving value? We are looking for you.At Gain Theory, we strive to create an open and progressive...
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New York, NY

Global Markets Summer Analyst, Quantitative Trading and Research- 2020

Type: Internship
WHAT IS THE OPPORTUNITY?RBC Capital Markets is a premier investment bank that provides a focused set of products and services to corporations, institutional investors and governments around the world. With more than 7,100 professionals, we operate out of 70 offices in 15 countries across North...
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New York, NY

Software Engineer

Type: Full Time, Full Time Alumnus
CaltechJob Category: Fulltime TemporaryExempt Overtime Eligible: ExemptBenefits Eligible: Benefit BasedCaltech is a world-renowned science and engineering institute that marshals some of the world's brightest minds and most innovative tools to address fundamental scientific questions. We...
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