We used the latest data and insights to identify the Highest Paying Math Jobs so that you can learn and earn more.
When looking at jobs, the salary is only part of the story. You have to consider the differences between companies and what they offer to their employees.Â
Here are the highest-paying jobs for math majors according to data from the US Bureau of Labor Statistics and other major sources.
Read on.
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Table of Contents
#10. Insurance Underwriter
How much do they get paid?
- Source: Glassdoor
- Low Range: $32,000 per year
- High Range: $139,000 per year
- Median Pay: $66,500 per year
What do they do?
Insurance underwriters review insurance applications and determine whether or not someone is eligible for coverage. These insurance policy specialists are responsible for determining whether or not a particular risk is worth insuring.Â
What degrees and skills are usually required?
This position requires at least a bachelor’s degree in finance and experience working in the field. You should also have excellent communication skills and be able to work under pressure.Â
Who’s hiring for these jobs?
Insurance underwriters work in various industries, from life insurance to property insurance. They may work at a financial institution, like a bank or credit union.Â
What’s the best way to get this job?
You may apply for an entry-level position in an insurance company or financial institution with your degree. Then work your way up to high-paying jobs.
Should you become an insurance underwriter?
#9. Actuarial Analyst
How much do they get paid?
- Source: Comparably
- Low Range: $52,000 per year
- High Range: $75,000 per year
- Median Pay: $67,000 per year
What do they do?
An actuarial analyst is a professional who works with insurance companies to help them determine the best ways to distribute risk and calculate premiums. They use a wide range of knowledge, including mathematics, statistics, and economics.
What degrees and skills are usually required?
To become an actuarial analyst, you’ll need to have at least a bachelor’s degree in mathematics, statistics, or actuarial science. Some employers prefer advanced degrees for top roles.
This field also requires the ability to solve problems. You should also possess strong analytical skills.
Who’s hiring for these jobs?
These analysts work for insurance companies, consulting firms, banks, and other financial institutions.
What’s the best way to get this job?
You can become an actuarial analyst by enrolling in a degree in mathematics, statistics, or actuarial science. The second step involves gaining experience working in an actuarial role before applying for one.
What’s it like to be an actuarial analyst?
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#8. Mathematics Teacher
How much do they get paid?
- Source: Glassdoor
- Low Range: $32,000 per year
- High Range: $154,000 per year
- Median Pay: $69,897 per year
What do they do?
A mathematics teacher is a specialist who helps students understand and develop their knowledge of mathematics. They may also be responsible for:
- Developing curriculum.
- Grading and assessing student work.
What degrees and skills are usually required?
These teaching professionals must have a bachelor’s degree in mathematics or another relevant field. They also have strong decision-making skills and the ability to work with people of all ages.
Who’s hiring for these jobs?
Mathematics teachers work at all levels of education—K-12 schools, community colleges, and universities.
What’s the best way to get this job?
You can become a math teacher by obtaining a bachelor’s degree. You should consider getting certified through the National Council of Teachers of Mathematics (NCTM). From here, start applying for teaching jobs.Â
What’s it like to be a mathematics teacher?
#7. Certified Public Accountant
How much do they get paid?
- Source: Payscale
- Low Range: $50,000 per year
- High Range: $115,000 per year
- Median Pay: $70,340 per year
What do they do?
A certified public accountant is a professional who specializes in accounting and tax services. They prepare financial statements for companies.Â
What degrees and skills are usually required?
Certified public accountants have a bachelor’s degree in accounting or a related field. They must pass the CPA exam to become licensed.Â
Who’s hiring for these jobs?
They work in public accounting firms, private businesses, and government agencies. A public accountant may work for a non-profit organization.
What’s the best way to get this job?
After passing your CPA exam, you should look into different companies or businesses that offer this type of position. These companies often post their open positions on their websites or on job boards like LinkedIn or Indeed. You should also consider reaching out directly to these companies through phone calls or emails.
How do you become a certified public accountant?
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#6. StatisticianÂ
How much do they get paid?
- Source: Payscale
- Low Range: $55,000 per year
- High Range: $118,000 per year
- Median Pay: $78,261 per year
What do they do?
Statistics is the science of collecting, analyzing, and interpreting data. Statisticians are responsible for making sense of all kinds of numbers. They analyze data from surveys, experiments, and other sources to figure out what it means and how to use it to improve the quality of life.
What degrees and skills are usually required?
A bachelor’s degree in statistics is the most common educational requirement for this job. Many statisticians also have advanced degrees or certifications in biostatistics or actuarial science.Â
Who’s hiring for these jobs?
Statisticians work in a variety of settings, including:
- Government agencies.
- Hospitals.
- Universities.
- Retail companies.
- Manufacturing industries.
What’s the best way to get this job?
You can become a statistician by getting a degree in statistics or mathematics, then working as an intern at a company that does statistical analysis (or another similar field).
Should you become a statistician?
#5. Robotics Engineer
How much do they get paid?
- Source: Payscale
- Low Range: $63,000 per year
- High Range: $127,000 per year
- Median Pay: $85,791 per year
What do they do?
Robotics engineers design, build and test robots. They use their knowledge of mathematics, mechanical engineering, and computer science to create machines to perform complex tasks. These engineers may also help design the software that controls these machines.
What degrees and skills are usually required?
Robotics engineers generally need an undergraduate degree in computer science, electrical engineering, or mechanical engineering. However, postgraduate studies are often recommended since these fields tend toward specialization within each discipline (e.g., artificial intelligence).
Who’s hiring for these jobs?
These engineers work at manufacturing plants or in laboratories where they can test new technologies safely without hurting people or damaging property. They may also work for research organizations or consulting firms specializing in developing new products for companies like Apple or Google.
What’s the best way to get this job?
The first step to getting this job is to earn a bachelor’s degree in engineering. You should also be proficient in math and science and be able to work well with teams of people.
What’s it like to be a robotics engineer?
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#4. Mechanical Engineer
How much do they get paid?
- Source: Glassdoor
- Low Range: $45,000 per year
- High Range: $179,000 per year
- Median Pay: $89,076 per year
What do they do?
Mechanical engineers design and develop mechanical systems. They use various tools, including computers, to create and implement plans for everything from machines to vehicles.Â
What degrees and skills are usually required?
You need an undergraduate or master’s degree in mechanical engineering to get into this field.
You might also want to get some training at a technical school or trade school if you want to get into this field. They’ll teach you all about the math and science behind mechanical engineering.
Who’s hiring for these jobs?
Mechanical engineers are employed in many industries, including automotive, bio-medical, aerospace, robotics, and defense.
What’s the best way to get this job?
One of the fastest ways to get this job involves earning a bachelor’s degree in mechanical engineering from an accredited school. After graduating, you will need at least two more years of post-graduate training before beginning your career as a mechanical engineer.
What’s it like to be a mechanical engineer?
#3. Investment Analyst
How much do they get paid?
- Source: Salary.com
- Low Range: $66,646 per year
- High Range: $128,390 per year
- Median Pay: $93,184 per year
What do they do?
An investment analyst analyzes financial investments or securities, usually for large companies or financial institutions. They also develop strategies for investing funds and make recommendations about whether or not specific investments will be profitable.
What degrees and skills are usually required?
The job requires an undergraduate degree in finance, economics, mathematics, or another relevant field. Some employers may prefer an advanced degree for these positions.
In addition, you should have the ability to think strategically, communicate your ideas effectively, and work well under pressure.
Who’s hiring for these jobs?
Investment analysts may work for a bank, an insurance company, or a brokerage firm.
What’s the best way to get this job?
With a solid educational background, you can get this job by networking with people in the industry. You can also look for opportunities on job sites like Indeed.com, which lists thousands of investment analyst positions around the country.
What’s it like to be an investment analyst?
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#2. Algorithm Engineer
How much do they get paid?
- Source: ZipRecruiter
- Low Range: $66,000 per year
- High Range: $165,000 per year
- Median Pay: $121,555 per year
What do they do?
Algorithm engineers are responsible for designing, implementing, and improving the algorithms that control how the software works. They use their extensive knowledge of computer science to analyze problems and develop solutions.Â
What degrees and skills are usually required?
Most employers require candidates to have a bachelor’s degree in computer science or a related field. Some companies may prefer a master’s degree because it gives candidates additional training in areas like artificial intelligence (AI).Â
Who’s hiring for these jobs?
These math majors may work in computer companies or financial services firms. These companies require more robust systems to improve their businesses.
What’s the best way to get this job?
First, get a degree in computer science or math. Then get some experience by working as an intern or junior developer at a company like Google or Facebook (or even NASA).
What’s it like to be an algorithm engineer?
#1. Marine Architect
How much do they get paid?
- Source: Glassdoor
- Low Range: $69,000 per year
- High Range: $241,000 per year
- Median Pay: $127,516 per year
What do they do?
Marine architects are responsible for designing and managing the construction of ships and other marine vessels. They work closely with other engineers and designers to develop plans for new vessels.
What degrees and skills are usually required?
Most marine architects hold a bachelor’s degree in naval architecture or related fields such as mechanical engineering or industrial design. However, some companies require applicants to hold a master’s degree instead (or even a doctoral degree).Â
Who’s hiring for these jobs?
These architects are employed by shipbuilding companies but may also work for manufacturing or engineering firms.
What’s the best way to get this job?
You can get this job by completing a bachelor’s degree program in marine architecture, followed by an internship at an established firm specializing in boat construction or design.
What’s it like to be a marine architect?
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Conclusion
A career in math can offer an array of challenges, rewards, and opportunities. One thing is for sure. There is no shortage of jobs available. This degree is key for you, whether your passion lies in teaching, mathematical modeling, computer programming, or engineering.
