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In what careers can I utilize my love of math?

Hello! I favorite subject in school is math and I love working with numbers so I am interested to find out what careers you think might be a good fit for me. Do you work with numbers a lot in your job? If so, what do you do? What kind of math do you do and what programs do you use a lot? Thanks!! #finance #math #stem

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Dawn’s Answer

Engineering, Computer Science or Finance are good career choices if you like Math. As for programming, Java programming is very popular and used widely in a professional environment.
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Bob’s Answer

I encourage you to look into the actuarial profession, which combines financial modeling, math and statistics, and computer programming to solve complex business problems. I recently retired after 30+ years as an actuarial consultant, mostly specializing in the health insurance area, but earlier in my career I worked in the life insurance and the retirement actuarial fields. There are many different areas in which to specialize as an actuary.


To get an overview of the profession, a good place to get started is www.beanactuary.org, which is jointly sponsored by the Society of Actuaries and the Casualty Actuarial Society. Here you will find a lot of good information about what actuaries do, and about the actuarial exams which are necessary to obtain professional actuarial designations.


Let me know if you have any further questions.

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Terence’s Answer

Math is a basis of a ton of different areas and jobs as the other responses suggest. You'd be able to work in pretty much any industry, company and department within those companies. Building on your passion for mathematics, it would be great to further understand what specializations you'd want to apply a math foundation to.

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Simeon’s Answer

You could use your love of math in engineering, physics, architecture, accounting, and finance. All of these fields will give you advanced software to work with as part of your job, so the need to be a master of math isn't what it used to be. However, these fields should still give you the chance you desire to work with math. If you like math so much you'd prefer to mostly talking about math every day, you could also consider being a math teacher or professor.
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Michael’s Answer

I always recommend engineering. Engineering is math and math is more than numbers - it's understanding how individual concepts relate to each other in a cross-platform approach. You don't always need to look at math in a statistical method - you can use it as a tool to solve diverse problems (not necessarily mathematical/statistical in nature). I was a great 'math student' in high school. Now, as a Mechanical Engineer, I do not perform hand calculations, but rely on existing software to manipulate data into useful metrics. A wise catch-phrase we use at work is "data is useless without information'. STEM fields all strive to extract information from data (math).
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James Constantine’s Answer

Hello Sam,

Utilizing Math in Finance

If you have a passion for math and working with numbers, a career in finance could be a great fit for you. Finance professionals often use advanced mathematical concepts and techniques to analyze financial data, make informed decisions, and solve complex problems.

Financial Analyst

As a financial analyst, you would use math to evaluate financial data, create financial models, and provide recommendations to clients or management. This role often involves using statistical analysis, forecasting, and data visualization tools to help businesses make informed financial decisions. You might use software like Excel, Python, R, or Tableau to perform your analysis.

Financial Manager

Financial managers are responsible for the financial health of an organization. They create financial reports, direct investment activities, and develop strategies for the long-term financial goals of their organization. In this role, you would use math to analyze revenue, expenses, and profitability, as well as to create budgets and forecasts. Familiarity with financial modeling software like Excel is essential for this career.

Actuary

Actuaries use mathematical models to analyze risk and help businesses make informed decisions about risk management. They often work in the insurance industry and use advanced mathematical concepts like probability theory and statistics to predict future outcomes. Actuaries typically use specialized software like AXIS, R, or Python for their calculations.

Data Scientist

Data scientists use math to analyze large datasets and extract insights that can help businesses make informed decisions. They often use statistical analysis and machine learning techniques to build predictive models and optimize business processes. Data scientists typically use programming languages like Python or R for their analysis.

Authoritative Reference Titles:
Careers in Math: A Career Guide for Those Who Love Math by Deborah Rumsey
The Mathematics of Money: A Guide to Using Math in Finance by Charles D. Reiss
Math in Careers: How to Use Math in Your Future Career by Dave Shotton

GOD BLESS!
James Constantine Frangos.
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Justin’s Answer

Hi Sam. Its great to have a passion for math. It will help you a high number of careers that you can choose. If you have an interest in statistics, you may want to consider a career in data analytics. Within Fannie Mae, our company relies greatly on our analytic teams to provide information on a number of areas such as estimating financial impacts of new/updated products as well as measuring their success. Our analytic teams use Microsoft Excel while also leveraging analytic programs like SAS, TOAD, etc. on a daily basis within their roles.
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Nina’s Answer

Math is a great major for many career paths. You could go into science, technology, or finance to name a few. Math teaches skills needed for solving real-world problems.

Good luck!
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