Math Careers With Good Salaries

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Careers related to mathematics include a variety of disciplines that apply scientific and mathematical principles to provide solutions for a variety of issues related to improving business’s future growth and the economy. Among CNNMoney’s Best Jobs in America 2010, six of the top 10 careers use the principles of mathematics. Several math careers offer good salaries and job growth through 2018, according to the Bureau of Labor Statistics.

Mathematicians

Mathematicians use the fundamentals of mathematics to do research and find solutions for a variety of business, scientific, engineering and economic issues. Many of these professionals work for government agencies, universities and scientific research organizations. Although a bachelor’s degree is acceptable for entry-level positions, many mathematicians obtain a doctorate degree. Annual median wages were $93,920 in May 2009 for mathematicians, according to the BLS.

Actuaries

Actuaries research and analyze statistical data to assist organizations in forecasting risks and liabilities. Many of these professionals work for insurance carriers to estimate payments of future benefits to customers and ensure the organization continues to be profitable. Most actuaries have at least a bachelor’s degree and obtain a license from the Society of Actuaries or the Casualty Actuarial Society. The BLS reported the annual median wages for actuaries was $97,450 in May 2009.

Statisticians

Statisticians use scientific and mathematical principles to collect, analyze and organize statistical data. Statistical information is used in a variety of industries such as pharmaceutical, engineering, economics and education. Although a bachelor’s degree is the minimal educational requirement for statisticians, many obtain at least a master's degree to improve employment opportunities. Annual median wages for statisticians was $75,220 in May 2009, according to the BLS.

Computer Sciences and Engineering

Many careers related to computer sciences and engineering apply mathematical principles to create products, structures and computer applications. There are hundreds of careers to choose from in computer sciences and engineering disciplines. Among these, five careers were among the CNNMoney's Best Jobs in America 2010, with software architect ranking no. 1. Environmental, civil and biomedical engineers were among the top 10 in engineering disciplines. Database administrator was among the top 10 in the computer science discipline. Software architects earned a median salary of $119,000 per year and environmental engineers earned a median salary of $81,000 per year.

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