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What career opportunities do you have if you study Mathematics?

marzo 31, 2021

Data Scientist, financial auditor and programmer are some of the jobs you can work in if you graduate from the Mathematics career, which has an occupancy rate of 91.8%

Did you know that on May 11th the Day of Mathematics was celebrated? If you are considering studying a Degree in Mathematics, you should know that employment opportunities for graduates of this career are growing more and more. And it is that this area of ​​knowledge is present in technological, economic-financial advances, the energy industry and in daily life in general, so becoming an expert in this science opens a wide panorama of employment possibilities, often unknown .

The Royal Spanish Mathematical Society indicates that the transversality of Mathematics, coupled with the boom that technology, artificial intelligence and data analysis are experiencing in all areas of the economy, means that graduates in this area have greater job opportunities in economic sectors that previously did not take them into account. For example, marketing companies and those related to logistics and transportation now require experts in data analysis and Big data, like mathematicians, to make strategic decisions.

“Mathematics is fundamental in modern digital services, communications and the Internet, but also in more traditional sectors such as banking, insurance, electricity and gas, among others, in which its use is experiencing rapid development […] The economic activities with the greatest impact of Mathematics are computing, financial activities, telecommunications services and the branch of electricity and gas “, indicates the study Socio-economic impact of mathematical research and technology in Spain (2019), prepared by Consultants of Public Administrations and the Strategic Network in Mathematics.

Another fact to highlight from the aforementioned study is that Mathematics are directly responsible for more than one million jobs in Spain (6% of the total) and that the professions closely related to these, such as mathematicians, will be the ones that will grow the most in the coming years.

“Mathematics are present in various productive activities, affecting all sectors, since it intervenes in the different phases of the production process: design, modeling, simulation and prototyping of products, up to the optimization of production and organization processes and data analysis [..] Therefore, they have a high presence in technology and the economy, “the study adds.

The diverse career opportunities of mathematics graduates are also reflected in the unemployment rate for these professionals, which in 2015 was only 8.2%, according to data extracted from the Labor Force Survey (EPA) of the National Institute of Statistics regarding the influence of training on the labor market. The occupancy rate, then, is 91.8%.

Other reports also note that 93.85% of the graduates of a Degree in Mathematics get their first job in less than six months within any of the following professional areas:

  • Non-University Teaching (25%)
  • Banking, Finance and Insurance Companies (16%)
  • Public Administration (15%)
  • University Teaching or Research (13%)
  • Industry (8%)
  • Consulting (7%)
  • IT and telecommunications companies (7%)

Thus, the demand for mathematicians has grown, but also the Degree in Mathematics in its various combinations has generated greater interest among students. Proof of this is that the double degree in Physics and Mathematics at the Complutense University of Madrid has become the degree with the highest cut-off mark of the 2017-2018 academic year, with 13,773.

What can you work on as a mathematician or mathematician?

Studying a Bachelor in Mathematics offers attractive and wide-ranging job prospects: both in the educational, financial, IT, telecommunications and energy sectors, and even in marketing.

Some of the occupations that you could exercise if you graduate from a Degree in Mathematics are:

Own elaboration based on the Professional Exits Guide (2019), prepared by the Employment Guidance and Information Center of the University of Murcia.

Between the new professions that have appeared with the digital transformation and that require graduates in Mathematics are also the Data Scientist or Data Scientist, which is responsible for translating data to turn it into useful information for companies; just like him Traffic Marketing Product Manager, which combines knowledge of marketing, mathematics and engineering to be able to take advantage of tools such as Adwords, Facebook or Twitter and thus generate web traffic, according to the consultancy Randstad in its report Digitization: does it create or destroy jobs? Annual report on labor flexibility and employment (2017).

“It must be taken into account that the diversity of professional opportunities can help to make decisions, for example, about the flexibility that double degrees allow or about the complementary and continuous training beyond undergraduate studies “, says Olga Gil Medrano, president of the Royal Spanish Mathematical Society, in the presentation of the study Career opportunities for Mathematics studies. Analysis of Labor Insertion and Job Offers (2007).

That is why we recommend that, In addition to studying a Degree in Mathematics, consider completing your training with a master’s or postgraduate degree to help you specialize in the area that you are interested in developing with your mathematical profile.

Discover other professions that you can practice if you study a Degree in Mathematics.

Did you know…?

The positions with the highest salaries are for business managers; physics, mathematics and engineering professionals, and life sciences and health professionals. That is, jobs related to science, technology, engineering and mathematics (STEM), according to the Randstad study, Digitization: does it create or destroy jobs? Annual report on labor flexibility and employment (2017)

Information sources

  1. Consultants of Public Administrations and the Strategic Network in Mathematics (2019) Socioeconomic impact of mathematical research and technology in Spain.
  2. Soria de Diego, F. Javier et. to the. (2007). Career opportunities for Mathematics studies. Analysis of Labor Insertion and Job Offers. Royal Spanish Mathematical Society.
  3. National Agency for Quality Assessment and Accreditation (ANECA) (2004) White book. Degree in Mathematics.
  4. Randstad Research (2017) Digitization: does it create or destroy jobs? Annual report on labor flexibility and employment