1 In 2020, top employers of statisticians included research and development in the physical, engineering and life sciences federal government healthcare and social assistance insurance carriers and related colleges, universities, and professional schools. 1 By comparison, the average growth rate for all occupations in that same time frame is projected to be only 8%. According to the BLS, job growth for statisticians is set to soar 35% through 2030, well above the national average. For example, biostatisticians work in environments like pharmaceutical companies, public health agencies and hospitals to conduct studies that may identify an epidemic outbreak, test the success of a new drug or uncover the source of an illness.Ĭareer prospects in the field appear very promising. They are qualified to work in many fields. A statistician is responsible for designing surveys, analyzing data and presenting their findings to stakeholders through reports, tables, charts and graphs. 1 Among the largest employers of operations research analysts at that time were finance and insurance companies, professional, science and technical services, manufacturing and the federal government. Additionally, the median pay for this profession was reportedly $82,360 in 2021. The BLS predicts that new jobs will be added much faster than the national average - 25% through 2030. In all that you do, you’ll be an essential player in helping a business reach its full potential.Īs a valued asset to any team, it’s no wonder demand for operations research analysts is expected to grow. For example, you may manage a supply chain, advise managers and other institutional leaders or decision-makers or develop production schedules. In this role, you’ll use advanced mathematical and analytical methods to help solve problems in just about all aspects of an organization. A small percentage of actuaries (2%) were self-employed. 1 At the time, the top employers for actuaries were finance and insurance companies, professional, scientific and technical services, management of companies and enterprises and government. ![]() 1 The median annual wage for actuaries was $105,900 in 2021. Bureau of Labor Statistics, job prospects for actuaries are set to soar 24% through 2030, far faster than the national average. This profession is in particularly high demand in the insurance industry – with some specializing in health insurance, life insurance and property and casualty insurance – but may also extend to the public sector.Īccording to the U.S. As an actuary, you’ll use mathematics, statistics and financial theory to assess financial risk. Upon completion of the online math degree, you can be prepared for career opportunities in a broad range of fields, though some may require additional credentials: You'll get a solid grounding in applied math, sharpening your analytical and statistical skills along with your ability to construct and defend clear, rigorous and logical mathematical proofs. This concentration includes 4 courses in applied mathematics, in addition to the 10 mathematics courses in the degree program. 1 With the applied mathematics concentration, you'll be well suited for future work in a number of areas, from biology, epidemiology, organic chemistry and other natural sciences to data analytics, business management science, marketing and even urban planning. ![]() ![]() Bureau of Labor Statistics, mathematicians and statisticians could expect job prospects to grow 33% through 2030– much faster than the national average for all occupations. Plus, you'll explore the vital role that mathematics plays in scientific research and industry by completing your own research project.Īccording to the U.S. ![]() You’ll also get to specialize in one of three growing areas of interest, including statistical analysis, operations research and dynamical modeling. You’ll learn commonly used statistical methods and techniques, delving into mathematical modeling and working with cutting-edge software tools that let you visualize the models you’re constructing and analyzing. With this applied mathematics degree online from Southern New Hampshire University, you'll discover a side of mathematics that functions more like an interdisciplinary science – one with broad-reaching applications in the modern world. Tuition & Financial Aid Tuition & Financial AidĪdd a competitive edge to your natural aptitude for math by enhancing your Bachelor of Arts in Mathematics with a concentration in Applied Mathematics.Īpplied math puts mathematical concepts to work to solve today's most complex real-world problems.
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