Mathematicians

General Information

Description

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.

Business Breakdown

People in this career work in these sectors.

  1. Private, for profit61.53%
  2. Private, not for profit13.56%
  3. Federal government12.95%
  4. State and local government9.77%
  5. Self-employed2.19%

Workplace at a Glance

What you can expect to experience while on the job

  • Responsibility
  • Exposure to job hazards
  • Physical activity
  • Decision making
  • Repetitiveness
  • Level of competition
  • Time pressure

Industry areas

  • Federal Executive Branch (OES Designation)
  • Scientific Research and Development Services
  • Colleges, Universities, and Professional Schools

Job Outlook

Overall employment of mathematicians and statisticians is projected to grow 33 percent from 2016 to 2026, much faster than the average for all occupations. Employment growth will vary by occupation. Employment of statisticians is projected to grow 33 percent from 2016 to 2026, much faster than the average for all occupations. Growth is expected to result from more widespread use of statistical analysis to make informed business, healthcare, and policy decisions. In addition, the large increase in available data from the Internet will open up new areas for analysis.  Employment of mathematicians is projected to grow 29 percent from 2016 to 2026, much faster than the average for all occupations. However, because it is a small occupation, the fast growth will result in only about 900 new jobs over the 10-year period. The amount of digitally stored data will increase over the next decade as more people and companies conduct business online and use social media, smartphones, and other mobile devices. As a result, businesses will increasingly need mathematicians to analyze the large amount of information and data collected. Analyses will help companies improve their business processes, design and develop new products, and even advertise products to potential customers. In addition, mathematicians and statisticians will be needed in the scientific research and development services and pharmaceutical and medicine manufacturing industries. The aging of the U.S. population is expected to prompt pharmaceutical companies to develop new treatments and medical technologies. Biostatisticians will be needed to conduct the research and clinical trials necessary for companies to obtain approval for their products from the Food and Drug Administration.

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Salary

Average Salary

Salary

$127,340

State-by-state Salary

Gray states indicate no data available

$123,450
$65,340
No Information for this section

Education

Most Common Education Levels

People in this career achieve this level of education.

  • Master's degree 37%
  • Doctoral degree 33%
  • Bachelor's degree 20%
  • First professional degree 8%
  • High school 0%
  • Some college 0%
  • Associate's degree 0%
  • Post baccalaureate 0%
  • Less than high school 0%
  • Post-doctoral training 0%
  • Post-master's certificate 0%
  • Post-secondary certificate 0%

Knowledge

  • Mathematics
  • Computers and Electronics
  • English Language
  • Engineering and Technology
  • Physics

Skills at a Glance

Skills helpful in this career

  • Verbal skills
  • Critical thinking & problem solving
  • Equipment operation & maintenance
  • Math & science skills
  • Technology design & control
  • Leadership
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