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Can I get a job with an applied mathematics degree?
I want to major in applied mathematics so I can get into an applied mathematics graduate program, but I'm afraid that if the PhD doesn't work out, I won't have an undergraduate degree to fall back on, such as an engineering degree.
But if I get an undergraduate degree in something like chemical engineering to virtually guarantee me a job at any time (in case the PhD fails), I'm afraid I'll have a very difficult time trying to get into an applied mathematics graduate program with such an unrelated undergraduate degree.
So can an undergraduate degree as an applied mathematics major get any type of job security like engineering can?

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Originally Posted by porejay
I want to major in applied mathematics so I can get into an applied mathematics graduate program, but I'm afraid that if the PhD doesn't work out, I won't have an undergraduate degree to fall back on, such as an engineering degree.
But if I get an undergraduate degree in something like chemical engineering to virtually guarantee me a job at any time (in case the PhD fails), I'm afraid I'll have a very difficult time trying to get into an applied mathematics graduate program with such an unrelated undergraduate degree.
So can an undergraduate degree as an applied mathematics major get any type of job security like engineering can?
Ya I think subway is hiring...
JK Niggi, I would not risk it. Get an engineering degree maybe even minor in math if it makes you feel better. Or if you think you can handle it then do a double major. Math & Engineering. Well, there you go.

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Originally Posted by porejay
I want to major in applied mathematics so I can get into an applied mathematics graduate program, but I'm afraid that if the PhD doesn't work out, I won't have an undergraduate degree to fall back on, such as an engineering degree.
But if I get an undergraduate degree in something like chemical engineering to virtually guarantee me a job at any time (in case the PhD fails), I'm afraid I'll have a very difficult time trying to get into an applied mathematics graduate program with such an unrelated undergraduate degree.
So can an undergraduate degree as an applied mathematics major get any type of job security like engineering can?
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If you like statistics and probabiilty at all, study the **** out of this stuff. Also, while in school, do actuarial exams. Then, get out of school with your applied math degree and be an actuary. Estimated salary in 10 years: $250,000/year.

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I know mathematicians working in software, finance and IT audit. Depends on how good you are I guess.
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In b4 everyone on the misc says it'll be easy, it's not
I'm an applied math guy too so listen
If you wouldn't mind business, take a few finance classes or get a minor. You will destroy those classes and have an easy banking job
Or take some computer science classes
Or actuarial
Or more stats and try to go govt...
What I'm saying is get a relevant minor and you are as good as gold, not so much with just math
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Originally Posted by NapBizzy
Yes, I went to school late.

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Applied Math + Actuarial exams = xxx,xxx$

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Originally Posted by Lucretius
If you like statistics and probabiilty at all, study the **** out of this stuff. Also, while in school, do actuarial exams. Then, get out of school with your applied math degree and be an actuary. Estimated salary in 10 years: $250,000/year.
Originally Posted by KevinAlvarez123
In b4 everyone on the misc says it'll be easy, it's not
I'm an applied math guy too so listen
If you wouldn't mind business, take a few finance classes or get a minor. You will destroy those classes and have an easy banking job
Or take some computer science classes
Or actuarial
Or more stats and try to go govt...
What I'm saying is get a relevant minor and you are as good as gold, not so much with just math
Should I just change my major to Statistics and not go to grad school?

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Have you considered other PhDs? A degree in applied mathematics would be great preparation for a variety of grad programs (within subdisciplines of chemistry or physics).
http://www.ncbi.nlm.nih.gov/pubmed/
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someone already said it but math degree = actuary.
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Originally Posted by porejay
Should I just change my major to Statistics and not go to grad school?
I wouldn't do it solely for the money. I ****in' hate stats and probability, but majored in mathematics anyway. Now I am going to Korea to teach English. If you want just a B.S. degree, you will have to study stats/probability to get work. Else, go for more schooling.

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Originally Posted by TheWaffleIron
Have you considered other PhDs? A degree in applied mathematics would be great preparation for a variety of grad programs (within subdisciplines of chemistry or physics).
I actually wanted to be a quant since I'm pretty decent in maths, and go into investment banking to engage in algorithmic trading/risk management, etc. and start my own hudge fund with AUM in the billions. Well, that's my vision anyway and it's alright if I fail. I just don't want to be working at McDonald's with a Mathematics PhD if I do fail.

Enlightened
Good luck finding work in the upcoming years, shiz getting real

the Hsp70 of BB.com
Originally Posted by porejay
I actually wanted to be a quant since I'm pretty decent in maths, and go into investment banking to engage in algorithmic trading/risk management, etc. and start my own hudge fund with AUM in the billions. Well, that's my vision anyway and it's alright if I fail. I just don't want to be working at McDonald's with a Mathematics PhD if I do fail.
Good plan, go for it. I can't give you much advice on options in finance for mathematics/physics PhDs, but I highly doubt that any are flipping burgers to earn a living.
Have you spent time at Physics Forums? (http://www.physicsforums.com) There are plenty of PhDs in industry who post there, I'm sure they can give you good advice.
http://www.ncbi.nlm.nih.gov/pubmed/
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Combine with finance and programming. Make bank; 7figures easily.
Do not combine with finance and programming = 40k/yr working at a deadend govn't job.
(<~ degree in statistics/actuarial science ... traded ~300M worth of energy futures, created/managed hedge fund for AIG, currently do consulting stuff)
Originally Posted by jafomofo
someone already said it but math degree = actuary.
Completing international actuarial exams = actuary

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What are the requirements like for grad school in applied mathematics? Would you be able to study a mathintensive engineering discipline in undergrad then go right into a math program for grad school?
Either way, good luck with your nerdy quant. goals in 2015 or so.
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Originally Posted by amusclehead
Combine with finance and programming. Make bank; 7figures easily.
Do not combine with finance and programming = 40k/yr working at a deadend govn't job.
(<~ degree in statistics/actuarial science ... traded ~300M worth of energy futures, created/managed hedge fund for AIG, currently do consulting stuff)
Completing international actuarial exams = actuary
When it comes to actual schooling, there's no real need to focus on finance at all. People with advanced degrees in mathematics, especially from good schools, can learn the "financey" stuff pretty easily after they're hired.
EDIT: The successful quants I know all came into the industry without any real financial background.
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the majority of engineers I know dont work in engineering
i thought this was a troll thread. still unsure now

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The Department of Defense is the #1 employer of mathematicians in the USA. They do lots of wild things with cryptography and such.

spell of iron
even if you dont finish a phd inn math, more than likely you will get an masters along the way so if you decide the ph.d isnt for you, you still have a masters.
and there are plenty of jobs in applied math. the thing about math is that its almost universally applied so that you arent limited to just one field. believe it or not alot of people in applied math will end up doing engineering jobs because its easier to teach people who know math engineering than it is to teach engineers mathematics.

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spell of iron
Originally Posted by icfpny
What are the requirements like for grad school in applied mathematics? Would you be able to study a mathintensive engineering discipline in undergrad then go right into a math program for grad school?
Either way, good luck with your nerdy quant. goals in 2015 or so.
no. the math in engineering isnt rigorous. to do math at the graduate level, a previous exposure to rigorous mathematics is absolutely essential.
and by rigor i mean proof based math. classes like analysis and abstract algebra are must haves if you want to do graduate work in math. calculus 13/diff eq/linear algebra, which is what you see in engineering curriculum, are usually just computational and algorithmic and are essentially what freshman and sophomore level math majors take.

spell of iron
Originally Posted by porejay
Should I just change my major to Statistics and not go to grad school?
an MS in stats gives you much more options than just a BS in stats or math.
and something involving programming and stats = win

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If you're really that talented at math, you can learn the content/materials at home without paying for an education, then start trading on your own from home. If you're that good, you don't even need a significant startup capital to start making millions.
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well if you can solve the problem at mit that the professor hasent been able to solve for 2 years then maybe the NSA will hire you.

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Actuary here, got a job for 53k out of college which is actually on the low end for starting actuaries. It's not that uncommon to be making 100k+ within 5 years in this profession if you pass exams quickly enough.
Not the easiest job because you're basically going to be studying nonstop until you're 30. But if you're good at math you could pass a couple actuarial exams while you study applied math. If graduate school doesn't work out that you'll always a wellpaying actuarial job to fall back on.
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