Mathematicians: Salary, Job Description, How To Become One, and Quiz

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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.



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Salary

Average salary
$104870 per year

Average hourly wage
$50 per hour


Mathematicians with little to no experience tend to make between $57150 and $73490 while the more experienced ones can earn over $126070 per year.

Top 5 paying statesHourlyAnnual
DC$64$133,870
WA$59$123,380
CO$59$122,840
VA$58$121,240
NJ$56$117,060

One of the easiest ways to increase your salary as a Mathematician is to move to a higher paying state like DC. Right now, the highest paying states for Mathematicians are DC, WA, CO, VA and NJ.

However, a higher pay at DC doesn’t guarantee that you will make more because the living expenses at DC might be twice as high than where you are currently at now.

Three 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.


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 a 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
Read more about how to become a Mathematician and the degree, training and education you need.

Pros and Cons

Here are some of the pros and cons of being a Mathematician.

PROS
Suitable for people who likes to solve problems mentally
Suitable for people who values achievements and are results-oriented
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)

What is the job like

Job satisfaction
70%

Is this job meaningful
46%


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.




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