Mathematics is a very old science that is been practiced for thousands of years, and math jobs can be split into two major categories which include theoretical and applied mathematics. These professionals will solve a variety of engineering and business problems, frequently using algorithms and computer technologies in order to reach solutions.
Theoretical mathematicians are responsible for examining various laws of physics and engineering using the principles of math, and they will use abstract knowledge in order to further scientific advancements. These professionals are usually hired by universities and they will usually have the dual role of teaching and research.
Applied mathematicians will take mathematical theory work and use computational methods in order to solve everyday problems in the social sciences, such as developing new drugs or designing a smaller silicon chip. These experts will usually take a complex problem and boil it down to its simplest elements, using computers in order to analyze the variables, in order to solve a problem.
Most mathematicians work in fairly cushy jobs and have a 40 hour workweek, usually a mixture of teaching and research. Most individuals will be required to have a doctorate degree in order to obtain employment, although those working for the Federal government may be able to gain employment with only a master’s degree in mathematics.
Other qualifications that these persons should have include an ability to analyze complex problems and to apply mathematical principles to complex scenarios. Mathematician jobs are expected to grow at the average pace of population growth in America, and the job itself is fairly immune to economic downturn.
In 2006, these individuals had about 3000 jobs in America, with most working for state and Federal governments, with the Department of Defense being the most frequent Federal employer. Most private employers are in scientific research companies and technical consulting. Other mathematicians may work for software design companies and insurance agencies, in addition to pharmaceutical manufacturers and aerospace corporations.
In 2006, the middle 50th percentile of these individuals made between $63,000 in $106,250. In 2007, theoretical mathematicians working for the Federal government had an average salary of $93,539.
