What Mathematicians and Statisticians Do
Mathematicians and Statisticians analyze data to help solve problems in industries such as engineering, business, and healthcare. To do this, they first collect the data by designing surveys and experiments. Once they have collected their data, they analyze it by looking for relationships and trends. They then present their findings using reports, graphs, etc.
In terms of work environment, the majority of mathematicians are employed by the federal government. Some are also employed by universities and consulting companies. On the other hand, the largest employers of statisticians include: research facilities, the federal government, and healthcare facilities. Both mathematicians and statisticians tend to work in offices.
How to Become a Mathematician and Statistician
The first step to becoming a mathematician or statistician is receiving a bachelor's degree in mathematics or a related field. Although it is possible to have a job in these fields with only a bachelor's degree, many people go on to receive a master's degree or doctorate. According to U.S. News, Princeton University offers the best graduate mathematics program. When pursuing a degree in mathematics, it is important to not only take math classes, but it is also beneficial to take courses in fields such as computer science and engineering.
A few important skills that mathematicians and statisticians should strive to possess include: analytical skills, math skills, communication skills, and problem-solving skills.
Pay and Job Outlook for Mathematicians and Statisticians
As stated by the U.S. Bureau of Labor Statistics, the median annual wage for mathematicians is $105,030. The median annual wage for statisticians is $91,160. This wage heavily varies depending on the industry that the mathematician or statistician is working in.
In terms of job outlook, the number of jobs available for mathematicians and statisticians is expected to grow 30% between 2018-2028. This growth is much faster than average. One reason for this expected growth is because of the increase of online data. Businesses will need more employees to analyze all of this data. Another area that mathematicians and statisticians will be needed in is the pharmaceutical industry. The U.S. population is getting older, so mathematicians and statisticians will be needed to conduct surveys and experiments with new products.
Sources
Information from:
Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Mathematicians and Statisticians,
on the Internet at https://www.bls.gov/ooh/math/mathematicians-and-statisticians.htm (visited July 27, 2020).
The Best Mathematics Programs in America, Ranked. (n.d.). Retrieved August 13, 2020, from https://www.usnews.com/best-graduate-schools/top-science-schools/mathematics-rankings
Picture from:
High Paying Career: Mathematician or Statistician. (2019, April 18). Retrieved August 13, 2020, from https://highpaymajors.com/mathematician-statistician/