Examples of Careers in Mathematics
- Actuarial science applies mathematics
to finance and insurance. An application
is to determine the proper insurance premium for a given policy that is
fair for the insured and insurer.
- Computer science is the study of
computation as it relates to computer systems.
As math majors are trained in deductive, logical reasoning, they are
highly esteemed in this field.
- Operations research uses
mathematical methods to optimize performance of a system, or minimize
cost. Applications include designing
traffic lights to maximize traffic flow, or scheduling airline flights to
- Biomathematics uses mathematics
to study biology. Applications include
modeling epidemics and population genetics.
- Cryptography uses mathematics
to hide information. Applications
include the security of ATM cards and computer passwords.
- Finance uses mathematics
to explain and predict the behavior of financial markets.