Students looking for a way to incorporate their love of numbers, problem-solving skills, and driven nature should consider a degree in Mathematics. With multiple career options such as working as an actuary, researcher, mathematician, database analyst, statistician, or many others, an online math degree opens lots of doors.
The U.S. Bureau of Labor Statistics estimates that demand for mathematicians will grow by 21% by the year 2022 and demand for actuaries will increase by 18%.
About Online Math Degrees
As with accounting degrees, mathematics degrees lend themselves extremely well to the digital format of online classes.
The online bachelor’s degree program at Indiana University East is a prime example of this. The program requires the same amount of study as the on-campus option but is done ENTIRELY online. The program can also be taken as a full or part-time student making it possible to work while you complete your degree.
Online Math Degrees Offered
Students interested in mathematics can pursue various levels of degrees offered online.
Associate of Arts or Science in Mathematics (A.A.M. or A.S.M)
An associate’s degree in mathematics is a great option for students looking to get their foot in the door in the field. It also knocks out general education requirements. Students take foundational courses in algebra, trigonometry, geometry, and other mathematics subject areas to build a solid background prior to continuing on to their bachelor’s degrees.
Bachelor of Science in Mathematics (B.S.M)
A Bachelor’s Degree in mathematics is a four-year degree and is required for most jobs in the field of mathematics. Students generally focus on either applied or theoretical mathematics and often choose an emphasis for their degree. Emphasis can include actuarial mathematics, statistical analysis, teacher certification, and many more.
Master of Science in Mathematics (M.S.M)
Earning a master’s degree in mathematics opens a lot of doors to possible employment opportunities. Students focus more heavily on research for both applied and theoretical mathematics in their chosen field or emphasis, complete research projects, and often are required to write a thesis based on their research during their time completing their degree.
A master’s degree in mathematics is often the degree required to obtain a position as a mathematician, or research analyst as the skills you learn while getting the degree are required to complete the work.
Doctorate of Mathematics (Ph.D.)
This is an academic degree that is mostly related to research and is the highest degree in the mathematics field. Ph.D. candidates graduate to become researchers and professors of mathematics.
Online Math Programs and Fields of Study
There are many fields in mathematics that students can choose to pursue. However, unlike many other subject areas, mathematics is a field in which many jobs require post-secondary degrees. Jobs are available at each degree level, but prior to obtaining your master’s degree, they are more regularly internships meant to give hands-on experience between degrees. Internships allow students to see real-world applications of the research they have previously done.
Helping businesses asses risk is the main aspect of being an actuary. Through mathematical and financial analysis, actuaries work with people, companies, and organizations to make decisions with regard to potential financial risks and events. Actuaries play an especially important role in terms of insurance decisions.
Students studying to become actuaries need to have at least a bachelor’s degree and should choose courses in finance and business to supplement their mathematics courses.
A bookkeeper is responsible for maintaining the accounts of businesses and organizations. They must be good with numbers, have strong problem-solving skills and be detail-oriented. Bookkeepers with two years of experience may apply to be certified which gives them a competitive advantage within the field. As with students who wish to become actuaries, students looking to pursue a career in bookkeeping should take classes in finance and accounting to supplement their math degree.
Mathematicians use theoretical and applied mathematics to do research and analysis. Government agencies or large organizations often employ them to assist in research and planning. Mathematicians often work in teams to complete projects with other mathematicians, engineers, and scientists. Most entry-level mathematician positions require a master’s degree at a minimum.
Statisticians work to collect and analyze data for application in practical, real-world situations. They work both within the private and public sectors and often work in business, engineering, health care, and other science-related fields. Statisticians can easily use a background in mathematics and research to excel in their field.
According to the U.S. Bureau of Labor and Statistics, demand for qualified statisticians will rise by 34% by 2022!
What to Look For in an Online Math Degree Program
When looking into any online program it is important to do in-depth research. This is especially important when considering online nursing programs due to the clinical experience required.
Accreditation is an incredibly important aspect of any degree program. The accreditation of a school can directly affect your credibility so it is important to do your research into the program’s accrediting body. Take a look at our guide to accreditation for a more in-depth overview.
College is expensive. There are no if’s and’s or but’s about it. But earning a degree online can help you to cut back on those costs significantly. This doesn’t mean that and online degree will be cheap, but it can be less costly than a traditional on-campus program. Many online programs also allow students to keep working while they are in school. Be sure to do your research into the exact costs of your program before enrolling in classes.
As we’ve said, a degree in mathematics is different from other degrees because often post-graduate work is necessary. The good news is that many masters and Ph.D. programs offer great options for Teachers Assistantships which can greatly cut back on the cost of these programs.
Skills / Experience
Internships or co-op’s are incredibly important in the field of mathematics. Most students go on to post-graduate work. Thus, internships give students a break from their studies and the ability to see their research in real-world situations. Hands-on experience also adds to a student’s ability to market themselves in the job market after they have finished their degrees.