# Mathematics

## Types of Degrees Mathematics Majors Are Getting

The following table lists how many mathematics graduations there were in 2018-2019 for each degree level.

Education Level | Number of Grads |
---|---|

Master’s Degree | 2,705 |

Doctor’s Degree | 1,225 |

Graduate Certificate | 55 |

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## What Mathematics Majors Need to Know

People with careers related to math were asked what knowledge areas, skills, and abilities were important for their jobs. They weighted these areas on a scale of 1 to 5 with 5 being the highest.

### Knowledge Areas for Math Majors

Math majors often go into careers in which the following knowledge areas are important:

**Mathematics**- Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.**English Language**- Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.**Education and Training**- Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.**Computers and Electronics**- Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.**Customer and Personal Service**- Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.

### Skills for Math Majors

math majors are found most commonly in careers in which the following skills are important:

**Mathematics**- Using mathematics to solve problems.**Reading Comprehension**- Understanding written sentences and paragraphs in work related documents.**Critical Thinking**- Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.**Speaking**- Talking to others to convey information effectively.**Active Listening**- Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

### Abilities for Math Majors

As you progress with your math degree, there are several abilities you should pick up that will help you in whatever related career you choose. These abilities include:

**Deductive Reasoning**- The ability to apply general rules to specific problems to produce answers that make sense.**Written Comprehension**- The ability to read and understand information and ideas presented in writing.**Mathematical Reasoning**- The ability to choose the right mathematical methods or formulas to solve a problem.**Oral Comprehension**- The ability to listen to and understand information and ideas presented through spoken words and sentences.**Oral Expression**- The ability to communicate information and ideas in speaking so others will understand.

## What Can You Do With a Mathematics Major?

Below is a list of occupations associated with math:

Job Title | Job Growth Rate | Median Salary |
---|---|---|

Mathematical Science Occupations | 9.1% | NA |

Mathematical Science Professors | 9.4% | $73,230 |

Mathematicians | 29.0% | $101,900 |

Natural Sciences Managers | 9.9% | $123,860 |

Secondary School Teachers, Except Special and Career/Technical Education | 7.5% | $60,320 |

Statisticians | 33.9% | $87,780 |

## Who Is Getting a Master’s Degree in Mathematics?

### Racial-Ethnic Diversity

At the countrywide level, the racial-ethnic distribution of math majors is as follows:

Race/Ethnicity | Number of Grads |
---|---|

Asian | 172 |

Black or African American | 85 |

Hispanic or Latino | 188 |

White | 1,293 |

International Students | 798 |

Other Races/Ethnicities | 169 |

### Geographic Diversity

Students from other countries are interested in Math, too. About 29.5% of those with this major are international students. The most popular countries for students from outside the country are:

- China
- South Korea
- India
- Saudi Arabia
- Vietnam

## How Much Do Mathematics Majors Make?

### Master’s Degree Starting Salary

According to 2017-2018 data from the U.S. Department of Education, students who graduated with a master’s degree in math have a median salary of $48,600 during the early years of their career. During this timeframe, most salaries fell between $44,200 (25th percentile) and $49,700 (75th percentile).

We don’t know for sure if all of these people took jobs related to math so take that into consideration.

### Salaries According to BLS

Math majors often go into careers where salaries can range from $87,140 to $104,870 (25th to 75th percentile). This range includes all degree levels, so you may expect those with a more advanced degree to make more while those with less advanced degrees will typically make less.

To put that into context, according to BLS data from the first quarter of 2020, the typical high school graduate makes between $30,000 and $57,900 a year (25th through 75th percentile). The average person with a bachelor’s degree (any field) makes between $45,600 and $99,000. Advanced degree holders make the most with salaries between $55,600 and $125,400.

## Amount of Education Required for Careers Related to Mathematics

Some careers associated with math require an advanced degree while some may not even require a bachelor’s. Whatever the case may be, pursuing more education usually means that more career options will be available to you.

Find out what the typical degree level is for math careers below.

Education Level | Percentage of Workers |
---|---|

Bachelor’s Degree | 28.7% |

Post-Baccalaureate Certificate - awarded for completion of an organized program of study; designed for people who have completed a Baccalaureate degree but do not meet the requirements of academic degrees carrying the title of Master. | 5.3% |

Master’s Degree | 35.9% |

Post-Master’s Certificate - awarded for completion of an organized program of study; designed for people who have completed a Master’s degree but do not meet the requirements of academic degrees at the doctoral level. | 1.1% |

First Professional Degree - awarded for completion of a program that: requires at least 2 years of college work before entrance into the program, includes a total of at least 6 academic years of work to complete, and provides all remaining academic requirements to begin practice in a profession. | 1.3% |

Doctoral Degree | 23.9% |

Post-Doctoral Training | 4.1% |

## Online Mathematics Programs

In the 2018-2019 academic year, 1,511 schools offered some type of mathematics program. The following table lists the number of programs by degree level, along with how many schools offered online courses in the field.

Degree Level | Colleges Offering Programs | Colleges Offering Online Classes |
---|---|---|

Certificate (Less Than 1 Year) | 11 | 2 |

Certificate (1-2 years) | 9 | 0 |

Certificate (2-4 Years) | 1 | 0 |

Associate’s Degree | 285 | 17 |

Bachelor’s Degree | 30 | 8 |

Post-Baccalaureate | 11 | 2 |

Master’s Degree | 339 | 24 |

Post-Master’s | 8 | 0 |

Doctor’s Degree (Research) | 163 | 0 |

Doctor’s Degree (Professional Practice) | 0 | 0 |

Doctor’s Degree (Other) | 0 | 0 |

## Is a Degree in Mathematics Worth It?

The median salary for a math grad is $92,600 per year. This is based on the weighted average of the most common careers associated with the major.

This is 132% more than the average salary for an individual holding a high school degree. This adds up to a gain of about $1,054,000 after 20 years!

## Majors Related to Mathematics

You may also be interested in one of the following majors related to math.

Major | Number of Grads |
---|---|

Applied Mathematics | 9,625 |

Statistics | 8,953 |

Other Statistics | 486 |

### References

- College Factual
- College Scorecard
- National Center for Education Statistics
- O*NET Online
- U.S. Bureau of Labor Statistics
- Usual Weekly Earnings of Wage and Salary Workers First Quarter 2020

More about our data sources and methodologies.