B.Sc. (Hons.) in Mathematics is an undergraduate program from three to four years; duration varies from institution to institution. Basically, mathematics is a study of space, quantity, structure, and change. And, B.Sc. Honours degree in Mathematics offers you to study about trigonometry, geometry, mathematical conversions, calculus, etc. In addition, it takes you through the deep analysis of the theories of mathematics. In fact, it also provides you knowledge about some related practices like computer science or statistics.
After completing the graduation program, one has two options to choose from! Either go for higher studies or apply for job. There are various fields that offer you a job right after your graduation.
Career Opportunities after B.Sc. in Mathematics
It has become a common phenomenon that after completing graduation from B.Sc. Honours degree in Mathematics, the only career left to pursue is teaching! But that’s not true mates. If you are interested in getting Bachelors in Mathematics, but aren’t sure because of the misconceptions propagated by people about the career prospects, I would say don’t mind them. In fact, the program opens the doors to various fields that offer you great job opportunities.
Job Prospects after B.Sc. (Hons.) in Mathematics
Here, we have enlisted few prospects; check them out and you can choose your way according to your area of interest.
Quantitative Analyst
Majorly known as “quants” in the business sector, the job of a quantitative analyst is to monitor the risk and reduce it in order to increase the profit. They form a complex model of mathematics for the industries. And those industries then further use the models to manage the factors like risk, investment and pricing, etc. Also, there are few fields of specialization for the candidates to choose from, like- derivative pricing, algorithmic trading, statistical arbitrage, quantitative investment management, or electronic market making.
The responsibilities of the quantitative analyst might differ as per the employers and their field of expertise. In addition, they collaborate with the physicists and computer engineers to make optimal strategies.
Research Scientist
This is one of the most patience-keeping prospects of a mathematician. A Research scientist requires not only the extensive knowledge in the mathematics but also extreme communication and research skills with an ability to keep patience.
The job requires skills to prove abstract theorems. Also, their responsibility is to come out with mathematical models to predict or understand the real cause and apply mathematical factors to recognize the data trends. They have a wide range of fields in applied maths to research on, like:
- Dynamic Systems
- Analysis
- Numerical Analysis
- Algebra
- Fluid Mechanics
- Combinatorics
- Mathematical Biology
- Differential equation
Their research, sometimes, helps the firms in the development of their commercial product and also the intelligence about the latest and trends in business.
Actuaries
Actuaries are the people who combine their knowledge of numbers with the financial capabilities. The basic job of actuaries is to analyse the risk, so mostly, they work in the insurance industry. If anyone wants to apply for this job profile, he/she must have the skills to take scenarios through a fine technique of operating the complex modelling technology, to turn those scenarios into numbers. Further, these numbers indicate the risk involved in any policy or any situation.
Teaching
One of the most apt paths to choose as a profession is teaching. A person, who would like to share the mathematical knowledge and skills, can enter the door. In fact, due to the shortage of Mathematics teachers, the vacancies are always available at different academic institutions. So if you are passionate about educating the next generation with your mathematics skills and theories, hit on! You just need to have good communication skills with a pinch of patience. Also, you should be well-versed with the national curriculum of the subject.
Mathematician
It is one of the most widely accepted prospects after Bachelors in Mathematics. Mathematicians are basically supposed to expand the knowledge in the area of contemporary mathematics, like Geometry, Algebra, by coming analysing the factors and developing new rules, formulas, and theories.
Few more options to take note on, for more opportunities:
- Account Executive
- Software Analyst
- Corporate Banking Officer
- Program Office Analyst
- Logistics Coordinator
- Database Maintenance Officer
- Financial Analyst
- Market Research Analyst
Hence, students looking for graduation in the B.Sc. (Hons.) in Mathematics have a wide range of job opportunities available in the market world today. In fact, students holding B.Sc. Honours degree in Mathematics get really a well-paid job. So, whoever is thinking to enter this field, but getting confused regarding the career options, hold on to the prospects stated above and move towards a better and a well-paid future career.