Study Programs

Overview of Study in Mathematics and Statistics

Human beings all over the world spend a significant amount of time creating data. There is a massive amount of data at the moment. It’s worth noting that data is ever-increasing. There is always new kind of data emerging from all fields. So, it’s important to find a way of analyzing, calculate, and make a qualitative/quantitative analysis. It’s for this reason that people study mathematics and statistics. This is one of the best university courses to study.

What is Mathematics and Statistics?

This is a course that involves learning mathematical and computation techniques. A degree holder in this area should have the necessary skills for developing and implementing these methods. Students usually learn the principles and procedures that are involved in processing information. Besides that, they are equipped with the necessary knowledge to make informed decisions based on numerical data.

What does it Mean to Study Mathematics and Statistics?

Do you want to study in Mathematics and Statistics? This is a combination study that involves both math and statistics. Some of the topics you will study include algebra, calculus, differential equations, computing, and probability theory.

Studying mathematics and statistics is a post-secondary education that is offered at varying levels of intensity and difficulty. If you want to study an undergraduate program, then you need to have a GED or a high school diploma. In addition to that, you need to have a strong background in math. For masters. A student should possess a bachelor’s degree.

Math is a STEM that has high demand. Statistics go hand-in-hand with this subject because it also involves aspects such as quantitative analysis. So, it is definitely one of the best university courses to study at the moment. Math is a language of science, therefore, it has a wide range of job opportunities. On the other hand, statistics is one of the fastest-growing fields at the moment. According to the research reports, it’s the top when it comes to the best business jobs as well as STEM jobs. Combining these two fields will greatly improve your job prospects.

What Are The Types Of Mathematics And Statistics Majors?

Math and statistics degree have multiple majors. The programs are usually available at associates, bachelors, masters, and doctoral levels. All these four levels have different requirements including the period of study.

Associate Degree in Mathematics and Statistics

This a degree that helps students to develop analytical skills. Besides that, it helps them to have a better understanding of applied mathematics. Students should be able to address common questions which are found in business as well. This curriculum may involve courses such as:

  • Discrete mathematics
  • Economics
  • Calculus
  • Linear algebra
  • Applied statistics
  • Probability and statistics

What Are The Types Of Mathematics And Statistics Majors

Master’s Degree in Mathematics and Statistics

At this level, students are normally taught how to use math and statistics to make collect data, make decisions, and process information. This field is relevant in a wide range of sectors such as business, sports, business and education among others. It takes 2-3 years full-time to complete this program. Some of the courses in this program include:

  • Statistictheory
  • Applied quality assurance
  • Advanced probability
  • Variance model analysis

Ph.D. is Mathematics and Statistics

This is an academic and research program that’s focused on the formulation of scientific methods and applications. This program is specifically designed to help students in formulate and regulate various research problems. Besides that, they should offer solutions using probability and math equations.

Some of the majors that you can find in this career path are mathematics, applied mathematics, and statistics.

  • Mathematics major: they deal with complex theorems and statistics. Some of the career options for this major include being an economist, actuaries, professors, and business persons.
  • Applied Mathematics Major: this major deals with the way math can be applied in real-life situationsIt involves problem-solving, creation of mathematical models, and solving equations of physical and theoretical nature.
  • Statistics: this is the science of learning from data. Statistics is a complex field of study and you have to use mathematical calculations to reach logical conclusions.

The Future of Mathematics and Statistics

The U.S Bureaus of Labor Statistics indicate that the job growth of math graduates depends on the grade level. Middle school math teachers should expect job growth of around 6% between 2014 and 2024. This is the same as for high school teachers.

The bureau also indicates that statistics will have a projected 34% growth rate in the same period. However, this number can even go higher because of the increase in data. The use of math is changing in the way we use in our daily lives. So, this means that future generations are going to learn different types of math programs. Math and statistics graduates have found careers with employers as diverse as:

  • IBM
  • Army
  • GM
  • Bureau of Labor Statistics
  • Ford
  • National Security Agency
  • Social Security Administration
  • US Forest Service

The Bottom Line

Data is ever increasing. In the current world of technology, there is massive data output every day. A career path in math and statistics is math-centered and is, therefore, essential currently. It involves solving mathematical problems and coming with logical conclusions. Overall, this is a versatile field that allows you to work in different industries. However, you need to be prepared to deal with numbers and solving problems.

Sources

  • https://www.mtu.edu/math/study/
  • https://www.mathscareers.org.uk/article/maths-stats-graduates/
  • https://www.bls.gov/ooh/math/mathematicians-and-statisticians.htm
  • https://www.princetonreview.com/college-majors/category/27/mathematics-statistics
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