During your schooling years, solving mathematical problems might have been a favourite activity for many of you. From BODMAS rules to lessons on integration and differentiation, mathematical lessons were interesting and challenging. Mathematics and statistics are integral parts of every sector operating in the world as there will always be some calculations or data associated with everything.
Moving away from the school years of simple mathematics, pursuing a BSc in Mathematics and Statistics can prepare you for a wide range of career opportunities. There are plenty of jobs in fields related to mathematics and other sectors which use the skills acquired from studying mathematics and statistics.
If you are wondering about the possibilities of a major in mathematics and statistics, here are a few of them listed for you.
Data Analyst
Data analysis involves the process of analyzing data to derive useful information from it. The insights derived from these analyses are used to plan business strategies in the market. Data analysts draw conclusions from the data and help organizations market their business following it. As the amount of data is increasing every day, there is a huge demand for data analysts in the job market.
- Statistician
Statisticians collect, analyse and interpret data to obtain meaningful information from it. As a statistician, you will be responsible for offering practical solutions based on your finding from data. The decision-making and strategies of every business organization are based on the interpretations and findings of statisticians. A statistician is required in every known field across the world making it one of the jobs with high employability.
- Research Scientist
As a research scientist, you will be responsible for creating mathematical models to identify trends and patterns to improve the performance of an organization in the market sector. You will also have to develop programs to solve complex mathematical functions. Identifying problems and suggesting solutions through data analysis are also the functions of a research scientist.
A research scientist can be employed either in the academic sector or in the corporate sector. The academic sector will require you to take up teaching responsibilities to help students understand certain areas of mathematics and statistics.
- Actuarial Analyst
In a not-so-common career position, an actuarial analyst uses statistical understanding to provide financial and strategic advice to organizations. Knowledge of probability theory and business comes into the picture when an analyst looks at possible outcomes in the market and suggests financial solutions to meet them. The job role is necessary for the banking, investment, healthcare, and insurance sectors.
- Professor
Have you thought about the possibility of becoming a teacher after your graduation? If not, then a career as a professor in mathematics and statistics is an option worth considering. As a teacher, you will have to explain mathematical lessons to your pupils in simple and understandable ways. The job offers satisfaction and comes with numerous perks and benefits.
Gone are the days when mathematics and statistics were dreaded subjects. The field is vast and open for you to establish a stable career.
