Study Mathematics abroad
A mathematics degree equips us with logic and the ability to manipulate data which are essential skills for a wide range of sectors. A mathematics degree is in equal measure challenging and rewarding; it is not only versatile but also very marketable.
33%: expected employment growth for mathematicians
$110,860: average annual salary of mathematicians
5,200 job openings projected every year
Average annual income of top mathematicians
Some course modules that students can expect to study in a mathematics degree are statistics, number theory, advanced calculus, complex applied probability, abstract algebra and differential equations.
Is Mathematics right for me?
Mathematics study options and costs
A bachelor’s degree is 3-4 years in duration and can cost anywhere between $26,000-43,000 per year on average in the US.
A master’s in mathematics broadens your horizon in the job market. Most universities offer a master’s in either theoretical or applied mathematics. This programme is 2 years in duration and can cost on average AUD33,696 in Australia.
A PhD in mathematics is highly prized and can help your odds in securing well-paid jobs. Furthermore, PhD graduates can apply to become a professor of mathematics at the university level.
Career pathways for Mathematics graduates
Actuaries forecast the probability of an occurrence to assess the risk associated with a particular venture. The calculation of the economic cost of events such as death, natural disaster or a car accident help insurance companies make smarter financial decisions. Actuaries compile and analyse statistical data and propose strategies that minimise risk. Actuaries must also write reports to explain their research and findings to relevant stakeholders.
Data analysts find employment in sectors such as finance, pharmaceuticals, manufacturing and education. Data analysts set up and maintain automated data processes and track performance indicators. They audit and interpret data. Data analysts mine huge data sets and offer actionable advice based on the inferences they draw from the data. They must also prepare reports to explain the data to internal and external audiences.
As a statistician, you will collect appropriate data and use it to tackle business challenges. You might use polls, surveys and experiments to collect data and then analyse it to spot patterns. You’ll then advise the management on how to improve business performance using insights from this data. Additionally, you will also have to write reports explaining your findings.
At Monash University
Melbourne , Australia