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2021 Mathematics & Statistics Degree Guide

Do you like math? Are you talented with numbers and formulas? Studying Mathematics & Statistics will teach you how to apply mathematical formulas and theory in order to analyze data and solve problems in the real world.

By choosing a major in the Mathematics & Statistics field, you will learn how to work with technology to solve complex mathematical issues. Formulas, theories, abstract concepts, and of course numbers will be part of your daily routine. You will work independently as well as with a team. This is a very rigorous field of study; you will dive much deeper into the world of mathematics and will learn how mathematics can be applied to everyday life.

The field of mathematics offers opportunities to specialize, so it can appeal to students with different strengths, offering many options for a future career. General Math is a good option for students who want a broad education leaving them many options upon graduating. Majoring in Applied Mathematics will show you how mathematical theory can be applied to various practical fields like architecture, computer programming or finance. Another option is to major in Statistics, where you will explore data and the theories that surround it. Explore additional majors to help you decide what direction you would like to take.

A Recent Jump in Mathematics & Statistics Degrees

#20 Most Popular Major
49.7k Degrees Awarded
5.2% Increase in Graduates

In 2018-2019, mathematics and statistics was the 20th most popular major nationwide with 49,748 degrees awarded. This represents a 5.2% increase in mathematics and statistics degrees awarded over the prior year's total of 47,138.

The United States has 1,438 different schools where you can get a degree in mathematics and statistics. This year's Best Colleges for Mathematics & Statistics ranking compares 191 of them to identify the best overall programs in the country. Continue reading to check out one of our many unbiased rankings of mathematics and statistics programs later in this article.

Mathematics & Statistics Degree Requirements

This is an intense academic program that will require a love of math and an ability to grasp abstract concepts. Students should have good time management skills in order to juggle classes, lab work and meet deadlines. Students will use critical thinking and logic to analyze data and solve problems. Clear and concise writing with attention to detail and accuracy is necessary for success.

Don't be afraid to ask for help when you need it. Your professors and advisors are there to guide you, and there is a lot you can learn from your peers. Be open to listening to other perspectives and unique approaches. Teamwork and being able to collaborate are essential skills for any career you go into.

Getting Accepted Into a Mathematics & Statistics Program

mathematics and statistics degree applicants generally need have finished high school or their GED. Many schools may also have GPA and SAT/ACT score minimums that must be met. Once you obtain your degree, additional mathematics and statistics certifications required to pursue a career in this field.

Types of Mathematics & Statistics Degrees

There are many different mathematics and statistics degree levels. You can spend many years getting as high as a research / scholarship based doctorate's in mathematics and statistics to something that takes less time like a associate's. Mathematics & Statistics programs can take anywhere between one to four or more years for a full-time student to complete.

Degree Credit Requirements Typical Program Length
Associate Degree 60-70 credits 2 years
Bachelor’s Degree 120 credits 4 years
Master’s Degree 50-70 credits 1-3 years
Doctorate Program required coursework including thesis or dissertation At least 4 years

A bachelor's degree is the most common level of education achieved by those in careers related to mathematics and statistics, with approximately 38.8% of workers getting one. See the the most common levels of education for mathematics and statistics workers below.

Level of Education Percentage of Workers
Bachelor’s Degree 38.4%
Master’s Degree 28.0%
Doctoral Degree 17.4%
Post-Doctoral Training 5.8%
Post-Baccalaureate Certificate 5.8%

About 53.5% of workers in careers related to mathematics and statistics obtain at least master's degree. View the chart below to get an idea of what degree level most of those in mathematics and statistics careers have.

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This of course varies depending on which mathematics and statistics career you choose.

Mathematics & Statistics Careers

Above Average Number of Jobs
$47.7k Average Starting Salary
9% Growth Job Outlook 2016-26

Many employers are in need of workers with strong mathematical skills. Graduates often find work in business, financial or government intuitions doing research, analysis, advising or marketing. Grads can also find work in insurance companies or tax agencies as auditors or actuaries. Other fields you could find work in are computer programming and software development. Some students are also interested in becoming a high school math teacher or a math professor. Some of these career options may require additional training.

Your superior analytical and critical thinking skills will also help you get into a graduate program. Those with a background in mathematics often obtain Master's degrees in math, statistics, business, law and medicine. This is often necessary for careers as a mathematician or statistician.

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Solid Growth Projected for Mathematics & Statistics Careers

Want a job when you graduate with your mathematics and statistics degree? Mathematics & Statistics careers are expected to grow 9.2% between 2016 and 2026.

The following options are some of the most in-demand careers related to mathematics and statistics.

Occupation Name Projected Jobs Expected Growth
High School Teachers 1,095,500 7.5%
Financial Analysts 328,200 10.8%
Financial Specialists 149,000 9.6%
Mathematical Science Professors 66,600 9.4%
Natural Sciences Managers 62,300 9.9%

How Much Money Do Mathematics & Statistics Grads Make?

Recently graduated mathematics and statistics students earned an average of $47,652 in 2017-2018. Earnings can range from as low as $23,700 to as high as $126,100. As you might expect, salaries for mathematics and statistics graduates vary depending on the level of education that was acquired.

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Highest Paid Mathematics & Statistics Careers

Salaries for mathematics and statistics graduates can vary widely by the occupation you choose as well. The following table shows the top 5 highest paying careers mathematics and statistics grads often go into.

Occupation Name Median Average Salary
Natural Sciences Managers $139,680
Actuaries $116,250
Economists $116,020
Mathematicians $104,870
Financial Analysts $100,990

Getting Your Mathematics & Statistics Degree

With over 4,054 different mathematics and statistics degree programs to choose from, finding the best fit for you can be a challenge. Fortunately you have come to the right place. We have analyzed all of these schools to come up with hundreds of unbiased mathematics and statistics school rankings to help you with this.

Study Areas in Mathematics & Statistics

Mathematics & Statistics Majors to Study

Major Annual Graduates
Mathematics 30,684
Applied Mathematics 9,625
Statistics 8,953
Other Statistics 486

View All Mathematics & Statistics Related Majors >

Majors Similar to Mathematics & Statistics

Related Major Annual Graduates
Computer & Information Sciences 220,337
Engineering 200,684
Biological & Biomedical Sciences 162,961
Engineering Technologies 92,549
Physical Sciences 53,556

View All Mathematics & Statistics Related Majors >

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