If you have a passion for finding the mathematical magic around you, you should consider diving deep into the specialized career options for math students. But before that, ask yourself a question. Are you genuinely interested in the math subject and want to explore shapes, diagrams, trigonometry, algebra, and not to mention, the king calculus? If yes, this blog is for you.
Maths is essential when it comes to economy, investment, analysis, and even day-to-day business and educational fields. There are so many opportunities students don’t know and are stuck in the same old suggestions.
They can help offline and online math coaching institutes, solve analysis challenges, manage supply chain processes, help them create insurance policies, suggest people for the right investments, etc.
In this blog, we will discuss the most promising career choices for math graduates.
Why Choose a Career in Mathematics?
Mathematics is one of the most promising subjects with multiple career options for Maths students. The most well-known career for a mathematics graduate is teaching. However, with the right specialization in other subjects, they can work in multiple disciplines such as social services, education, public sector undertaking, business, etc. These subjects are as follows.
– Economics
– Statistics
– Computer Science
– Applied Mathematics
– Engineering
– Mathematical Sciences
Engineers with good mathematical skills have high demand in Chemical Engineering and Electronic Engineering.
| Job Role | Average Annual Salary |
| Mathematics Educator | ₹3.5-6 LPA |
| Market Research Specialist | ₹4-8 LPA |
| Financial Advisor | ₹5-10 LPA |
| Insurance Specialist | ₹3-7 LPA |
| Mathematician: | ₹9-13 LPA |
| Data Scientist | ₹4-8 LPA |
| Statistician | ₹5-10 LPA |
| Operations Analyst | ₹5-10 LPA |
| Economist | ₹6-12 LPA |
| Actuarial Expert | ₹10-20 LPA |
| Financial Analyst | ₹5-10 LPA |
| Accountant | ₹2.5-5 LPA |
| Investment Expert | ₹8-15 LPA |
| Budget Consultant | ₹6-12 LPA |
Top 14 Career Options for Maths Students:
1. Mathematics Educator
Average Annual Salary: ₹3.5-6 LPA
A mathematics teacher is someone with expertise in the subject and has a deep passion for teaching the new generation. Based on qualification and expertise, a teacher can work in schools, coaching, colleges, and universities.
Notably, schools may demand a B.ED. Degree and experience for being a teacher. However, conditions are different for all school curriculums. Apart from teaching the subject principles, a mathematics teacher has the following tasks to do each day.
– Understanding and learning the new concepts and ideas of mathematics.
– Preparing lessons, assigning homework, and training students for exams.
– Create online courses for academics.
– Guide aspirants for competitive exams.
– Guide students as a math consultant.
Notably, becoming a subject teacher is one of the most dominating career options for math students.
2. Market Research Specialist:
Average Annual Salary: ₹4-8 LPA
A market research specialist collects consumer and competitor data for businesses. Companies use this data to craft strategies, set goals, and improve their customer engagement program. With experience, you can become a team leader of researchers and analysts.
Here are some tasks that market researchers do.
– Design surveys to track market trends.
– Build in-detailed reports for companies.
– Suggest ways to make progressive decisions.
3. Financial Advisor:
Average Annual Salary: ₹5-10 LPA
A financial advisor is a person who suggests people and organizations for improving their financial assets. They help people set their financial goals and save them from potential risks. Most importantly, financial advisors are excellent at curating retirement plans. Here are some of the tasks a financial advisor does.
– Help people make better financial decisions.
– Helping with investment plans.
– Assisting companies in stock market and real estate investment.
– Help new business ventures to make smart financial decisions.
4. Insurance Specialist:
Average Annual Salary: ₹3-7 LPA
Insurance specialists design insurance financial policies. They evaluate the risks and profits for the company and guide them to curate a safe insurance policy. They use their expertise in statistics and probability to calculate the risks and benefits for the company and applicants.
Here are some of the primary tasks of insurance specialists.
– Help people choose the best insurance plans.
– Decides the eligibility of people for insurance.
– Determine the risks and suggest the best solutions to companies.
5. Mathematician:
Average Annual Salary: ₹9-13 LPA
Mathematicians are experts in the subject and their job is to create theories and algorithms. They help solve complex calculations for businesses and help in solving everyday challenges for people.
Here are some of the fields they contribute:
– Business
– Technology
– Astronomy
– Ecology
– Defence
– Healthcare
– Finance, etc.
6. Data Scientist:
Average Annual Salary: ₹4-8 LPA
Data science is one of the most trendy career options for math students. Data scientists are people with the ability to identify and organize data for companies. Generally, data are available in an unstructured manner that is difficult to understand and use. A data scientist interprets the data and converts them into easy-to-understand models for organizations. This helps organizations curate policies.
Here are some of the best fields for data scientists:
– Healthcare
– Insurance
– Finance
– Politics
7. Statistician:
Average Annual Salary: ₹5-10 LPA
Most organizations need statisticians to collect and compare data. These are people who understand the data from A2Z and can use them to suggest options for companies. They can work in Census boards, healthcare, government, media, agriculture, etc. They ain job is to gather and interpret data and present them in an easy-to-understand format.
8. Operations Analyst:
Average Annual Salary: ₹5-10 LPA
Operation research analysts are people who make the business processes smooth. They use their expertise to find loopholes in business strategies and operations, helping businesses improve them. The major subjects are logistics and resource allocation.
Here are a few tasks that they perform.
– Optimise supply chain management and manufacturing units.
– Soothes the railway and airport transportation process.
– Improve e-commerce logistics and operations.
9. Economist:
Average Annual Salary: ₹6-12 LPA
Economist is one of the most prestigious career options for maths students. Economists study the economy and collect financial data for governments or organizations. These people help them make better decisions and policies for people within the organization and outside of it. These people also help the government and businesses to make long-term financial decisions.
10. Actuarial Expert:
Average Annual Salary: ₹10-20 LPA
Actuaries are people who forecast risks and compute event probabilities. These events can be death, sickness, accidents, retirement, natural disasters, etc. Here are some of their most important tasks.
– Analysing statistical data.
– Develop strategies for minimizing risks.
– Create reports and suggest companies for better decisions.
11. Financial Analyst:
Average Annual Salary: ₹5-10 LPA
A financial analyst is a person who analyzes a company’s financial data and prepares reports. Their main job is to forecast wealth performance and help companies to predict future outcomes.
Here are some of their everyday tasks.
– Identify areas for financial improvements.
– Build models for stable revenue and productivity.
– Help in creating investment plans.
12. Accountant:
Average Annual Salary: ₹2.5-5 LPA
Accountants are specialists who track the financial health of companies. Their main task is to keep accurate financial records while following the law with a just mindset. They prepare accounts, handle taxes, and help companies in everyday operations.
Here are a few tasks that accounts do.
– Offer financial suggestions to company decision-makers.
– Audit accounts and make reports.
– Manage tax and save wealth.
– Keep the financial processes healthy.
13. Investment Expert:
Average Annual Salary: ₹8-15 LPA
Investment experts track a company’s investment decisions and help them make better decisions. They focus on company stocks, bonds, and other investments and review how they are performing. Their job includes reviewing accounts and financial statements and suggesting companies for potential future outcomes.
14. Budget Consultant:
Average Annual Salary: ₹6-12 LPA
Budget consultants are people who review the budget proposals of organizations and give their suggestions to improve them. They also help companies to allot funds and create budget management.
Here are some of the most in-demand tasks.
– Help companies allocate funds and create budgets.
– Approve or disprove funding requests.
– Monitor how departments are spending the allocated budget.
– Sit with management and create cost-beneficial policies.
Conclusion:
There are multiple promising career options for maths students. However, most people don’t know them yet. In this blog, we have discussed 14 such promising job options that can give you a satisfactory income as well as provide you the opportunity to dive deep into the mathematical realms.
We have mentioned Mathematicians as a promising career choice. This is for people who want to discover math formulas, theories, and concepts to help businesses, people, and institutes that offer offline and online math coaching.
Do you like mathematics but face difficulty in solving complex concepts? Are you looking for a map through the Alpha, Beta, and Gamma maze? Learn from the experts! Learn concrete. Join Mathematics Home Tutor Offline and Online Math Coaching today.
