Median pay for Mathematicians in the United States is around $70K per year. Career length and the particular city each impact pay for this group, with the former having the largest influence. Job satisfaction is reported as high by the vast majority of workers. Male Mathematicians far outnumber their female contemporaries among those who completed the questionnaire. While one in five report receiving no health benefits, a fair number do receive medical coverage, and a majority have dental, as well. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
Job Description for Mathematician
The career of a mathematician centers on performing advanced mathematical equations (often with computers and using complex software) to theorize and understand mathematical principles and, in turn, solve real-world problems. A common misconception about mathematicians is that they work only with integers; however, they also work with more abstract structures such as rings in the algebraic number theory. Applying theories to shapes and geometry is just one example of a particular skill that makes one far more effective in this field.Read More...
The industries that employ mathematicians include the federal government, medical technologies, and private science and engineering research companies. When a mathematician uses mathematics in combination with another specialty, such as flight engineering or medicine, it is called "applied mathematics." The typical work environment is either a research lab, often within a university or the private sector, or a regular office setting. In more specialized fields such as applied mathematics, they may work within an area dedicated to the second function of their specialty. For example, a mathematician working in applied mathematics for a private engineering company that develops spacecraft may work within factory settings on hands-on activities.
People working in the field of mathematics are typically required to have a minimum of 2 to 4 years’ experience and a Bachelor's degree in Statistics or a related field. There is no typical schedule, since the relevant fields in mathematics vary so greatly, but a regular Monday-through-Friday work week is not uncommon.
The typical day for a mathematician involves an early-morning start to the office, where they will work on their current project performing calculations and measurements relevant to its completion. They may perform many trial-and-errors as experiments are performed to attain and/or perfect the results of their theory. A full-time work schedule is undeniable for this position.
- Conduct mathematical research to expand the knowledge base of traditional areas of math, such as algebra, geometry, and logic.
- Act as the lead advisor or expert in the application of mathematical analysis to resolve scientific or engineering issues.
- Design and development computational methods for solving problems in science, engineering, or other industries.
- Perform computations and numerical analyses of data.
- Apply mathematical theories to practical problems in a variety of settings and fields.
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Popular Skills for Mathematician
Survey results suggest that Mathematicians use a fairly large toolkit of professional skills. Most notably, facility with Python, R, and Matlab are correlated to pay that is significantly above average, leading to increases of 28 percent, 22 percent, and 18 percent, respectively. Skills that seem to negatively impact pay include Microsoft Excel and Microsoft Office. Most people who know Matlab also know R.
Pay by Experience Level for Mathematician
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Mathematicians generally obtain higher compensation for more plentiful past experience. Workers in their first five years can expect to earn $63K, but people who have been around for five to 10 years earn a noticeably bigger sum of $81K. Mathematicians with one to two decades of relevant experience report an average salary of approximately $87K. Mathematicians who have spent more than 20 years on the job report earning a significantly higher median of $107K.
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Key Stats for Mathematician
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