Explore Online Mathematics Degrees

Basics of AN ONLINE MATHEMATICS DEGREE

Nearly everything man-made around you has relied on a great deal of math to invent, produce and distribute. Even designing a soda can requires calculus skills that take some students months to learn. Producing materials is just the tip of the iceberg in regards to what mathematicians can do. Researchers and analysts rely a tremendous amount on statisticians in a flurry of industries. Take an insurance firm, for example. Insurance agencies constantly run numbers about the average risk associated with everything from driving an automobile to living an unhealthy lifestyle. Using these numbers - which constantly fluctuate due to new medicines, changing safety protocols and more - they formulate premiums for clients that are mathematically designed to earn a profit while remaining relatively affordable. All of this analysis requires the careful due diligence of math professionals.

On a general level, mathematicians work in the private and public sector often with teams of scientists, engineers and others to solve problems and make for a more efficient society.

From obvious math-intensive fields like finance and accounting to artistic industries like graphic design and animation, math plays a pivotal role. Learning the ins and outs about this highly versatile study may give you an an opportunity to jumpstart your career in one of a vast number of careers. Moreover, it may give you a better idea about how the world around you works.

Is an Online Mathematics Degree PROGRAM FOR YOU?

Advanced mathematics aren't just for engineers and physicists. In fact, the same principles you learn in a statistics and calculus courses can be applied to virtually any field. If you have a true passion for sports, statistics education could show you how to predict games based on players' past performances at a higher level. If you love music, a greater education in trigonometry could show you exactly how sound designers and architects use acoustics to build sound stages and record hit singles

POSSIBLE SALARIES FOR A CAREER IN MATHEMATICS & STATISTICS

Your salary as a mathematics & statistics professional is largely decided by your specific job title, your level of education, your experience in the industry and your skill. Consider the following careers, with statistics compiled by the U.S. Bureau of Labor Statistics in 2016.

Mathematicians and Statisticians (i)

Mathematicians and statisticians analyze data and apply mathematical and statistical techniques to help solve real-world problems in business, engineering, healthcare, or other fields.

  • Median Salary: $84,760 per year
  • Job growth through 2026: 33% (Much faster than average)
  • Typical Entry-level education: Master's Degree

Survey Researchers (ii)

Survey researchers design and conduct surveys and analyze data. Surveys are used to collect factual data, such as employment and salary information, or to ask questions in order to understand people’s opinions, preferences, beliefs, or desires.

  • Median Salary: $54,270 per year
  • Job growth through 2026: 2% (Slower than average)
  • Typical Entry-level education: Master's Degree

Actuaries (iii)

Actuaries analyze the financial costs of risk and uncertainty. They use mathematics, statistics, and financial theory to assess the risk of potential events, and they help businesses and clients develop policies that minimize the cost of that risk.

  • Median Salary: $101,560 per year
  • Job growth through 2026: 22% (Much faster than average)
  • Typical Entry-level education: Bachelor's Degree

(i) bls.gov/ooh/math/mathematicians-and-statisticians.htm | (ii) bls.gov/ooh/life-physical-and-social-science/survey-researchers.htm | (iii) bls.gov/ooh/math/actuaries.htm