Starting Salaries for Mathematics Majors
Mathematic degrees are offered at almost every college and university in America. Graduates with a degree in mathematics are prepared to enter into a career field with starting salaries ranging from $40,000 to upwards of $100,000 a year.
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Degree Requirements
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It can take two years of full-time study to earn an associates' degree in mathematics. A bachelor's degree in mathematics requires four years of full-time study. A master's degree in mathematics usually requires one to three years of full-time study. A doctorate degree in mathematics usually requires four to six years to complete.
Career Fields
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Graduates from a mathematics program can explore numerous career fields. Among these are positions in education, financial markets and insurance.
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Lower Paid
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The starting salary of any mathematics-based job varies depending on the nature of the position, the location and demand.
At the lower end of mathematic-based positions are jobs in education. On average, mathematics teachers in secondary schools earn a starting salary of $43,000 a year. Math professors average a starting salary of $53,000 a year.
Average
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Positions in financial markets bring up the earning average of mathematics majors. These positions could include jobs like a statistician or an economist. Statisticians average a starting salary of $69,000, and economists average a starting salary of $63,000 a year.
Higher Salaries
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Earning the top dollars are positions in mathematic applications, such as mathematicians and actuaries. Actuaries average a starting salary of $90,000 a year. Applied mathematicians average a starting salary of $78,000 a year. Pure mathematicians average a starting salary of $102,000 a year.
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References
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Comments
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I like that the average starting salary with a 4 year degree for pure mathematicians is 102,000 dollars.. :)
