Colleges and universities.: Salary, career path, job outlook, education and more

Colleges and universities. Mathematicians and statisticians working in a postsecondary education institution may study theoretical or abstract concepts in mathematics or statistics. They identify, research, and resolve unexplained issues in mathematics and are concerned primarily with exploring new mathematical or statistical theories to increase knowledge and understanding about the field.

However, the mathematician occupation is a relatively small one, and many people with a degree in mathematics or who develop mathematical theories and models may not be formally known as mathematicians. Instead, they work in related fields and professions. In the computer systems design and related services industries, for example, they may be known as computer programmers or systems analysts. In finance, they may be known as quantitative analysts. Other industries may refer to them as data scientists or data analysts.

Computer and information research scientists, physicists and astronomers, economists, actuaries, operations research analysts, engineers, and many other occupations also use mathematics extensively.

Many people with a Ph.D. in mathematics, particularly theoretical mathematics, work as postsecondary teachers in education institutions. They usually have a mix of teaching and research responsibilities. Some may conduct individual research or collaborate with other professors or mathematicians. Collaborators may work together at the same institution or from different locations.