Mathematicians: Salary, Job Description, How To Be One and More

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Mathematicians jobs information
pros and cons of being a Mathematician

Mathematicians

Other names for this job might include Agent-Based Modeler, Algebraist, Cipher Expert, Computational Physicist, Computational Scientist, Consultant, Cryptanalyst, Cryptographer, Cryptographic Vulnerability Analyst, Director of Quantitative Research


  • $112560
    Salary
  • 70%
    Job satisfaction
  • Hard
    Becoming one
  • High
    Job growth
OwlGuru Rank

A



Mathematicians: Know It All In 1 Minute


In this career summary, you will find out what the job of A Mathematician is about and what it is like.

After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.



Job description

Mathematicians conduct research in fundamental mathematics or in application of mathematical techniques to science, management, and other fields. Solve problems in various fields using mathematical methods.

  • Develop computational methods for solving problems that occur in areas of science and engineering or that come from applications in business or industry.
  • Apply mathematical theories and techniques to the solution of practical problems in business, engineering, the sciences, or other fields.
  • Develop mathematical or statistical models of phenomena to be used for analysis or for computational simulation.
  • Assemble sets of assumptions and explore the consequences of each set.

Read more about what does A Mathematician really do at work and what is it like being and working as one.


Become one

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Salary

Average salary
$112560 per year

Hourly wage
$54.11 an hour


Mathematicians with little to no experience tend to make between $56200 and $81590 while the more experienced ones make over $139520 per year.

Top 5 paying statesHourlyAnnual
NJ$75.47$156970
MD$64.45$134050
DC$57.37$119320
NM$56.17$116830
CA$54.64$113650

1 of the easiest ways to increase your salary as A Mathematician is to move to a higher paying state like NJ. Right now, the highest paying states for Mathematicians are NJ, MD, DC, NM and CA.

However a higher pay at NJ doesn’t guarantee that you will make more because the living expenses at NJ might be 2x higher than where you are currently at now.

3 other factors that can increase your salary as A Mathematician is the degree you hold, the industry you work in and lastly the company you work for (bigger companies like the Fortune 500 companies tend to pay more).

Find out how much do successful Mathematicians make and if their salary is high when compared to all the other careers.


Requirements

Recommended degree level
Master’s Degree

We asked other Mathematicians what degree they had when they got the job and most of them said they had a Master’s degree followed by PhD.

Other than that we also asked them what did they major in and here are the most popular majors that came up.

Mathematics, General
Algebra and Number Theory
Analysis and Functional Analysis
Geometry/Geometric Analysis
Topology and Foundations

Another popular question from our readers is what makes A Mathematician successful or would they be good in this career.

Well, we found that most successful Mathematicians have these 5 skillsets.

Mathematics
Reading Comprehension
Critical Thinking
Complex Problem Solving
Active Learning

In addition to that, 1 common characteristic among successful Mathematicians is they are good at Analytical Thinking. Here are the top 5 common characteristics.

Analytical Thinking
Attention to Detail
Innovation
Integrity
Achievement/Effort
= Hot in-demand that most employers are looking for

Read more about what it really takes to become A Mathematician and the degree, training and education you need


Pros and Cons

Here are some reasons why you should and shouldn’t choose A Mathematician as your career.

PROS
Suitable for people who likes to solve problems mentally
Suitable for people who values achievements and are resultsoriented
This career is perfect for people who love to work indoors.
One of the highest paid careers in the world
CONS
Not suitable for people who likes to help and teach others
It is very hard to get into this career. Extensive skill, knowledge, and experience is required for this career.
Long working hours (More than 40 hours per week)


There will be pros and cons for all jobs. The point is how much do the pros outweigh the cons to you.

A pro to you might be a con to Bob. A pro to Bob might be a con to you. We suggest reading about this career framework that can help you to find out what type of careers are right for you.



What is the job like

Job satisfaction
70%

Is this job meaningful
46%


Working hours
More than 40 hours per week

Working schedule
Regular (Set schedule and routine)


On a normal working week Mathematicians work More than 40 hours per week.

70% of Mathematicians said they were satisfied with their job and 46% said they feel like their job is making other people’s lives better.



Is this right for me

Best personality for this career
The Thinkers and The Organizers


You can read more about these career personality types here.

People who are suitable for this job tends to like working with ideas, and require an extensive amount of thinking. They like searching for facts and figuring out problems mentally.

They also like following set procedures and routines. They like working with data and details more than with ideas.



How we can help

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Rank: B+
Salary: $82940

They formulate and apply mathematical modeling and other optimizing methods to develop and interpret information that assists management with decision making, policy formulation, or other managerial functions. May collect and analyze data and develop decision support software, service, or products. May develop and supply optimal time, cost, or logistics networks for program evaluation, review, or implementation.
Rank: A
Salary: $84010

They develop and apply biostatistical theory and methods to the study of life sciences.
Rank: B+
Salary: $107140

They observe, research, and interpret astronomical phenomena to increase basic knowledge or apply such information to practical problems.
Rank: A
Salary: $84010

They develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as bio-statistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.
Rank: A
Salary: $105290

They conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.






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Related to Mathematicians Career Information

Mathematicians job description, Mathematicians salary, Mathematicians information, what is the job of a Mathematician like, pros and cons about Mathematicians, colleges and universities for Mathematicians, is Mathematicians the right career for me, Hard careers to get into, careers in Computer IT and Mathematics

Additional resources

http://www.bls.gov/OOH/math/mathematicians.htm
http://www.ams.org/
http://www.siam.org/
http://www.usajobs.gov/

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Mathematicians
Written by: Stanley Tan
Mathematicians conduct research in fundamental mathematics or in application of mathematical techniques to science, management, and other fields. Solve problems in various fields using mathematical methods.
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