Maths Grads going for gold in the job market

By Morwenna Evans Wednesday, May 21, 2014

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Despite reports that the graduate employment is going from strength to strength, many of those fresh out of university still struggle to find permanent, stable employment in a field that appeals to them. In this precarious environment where employers are often overwhelmed with applicants, degree choice is more important than ever. It is no secret that in the hierarchy of disciplines mathematical and scientific courses are widely favoured over humanities -a recent study by forbes reveals that humanities come last in the league of highest starting salaries. Why is this?

A degree in maths leaves you with a wide set of specialised skills that are highly valued in many jobs: arithmetic, advanced IT skills, logical thinking, the capacity to handle data from analysis and interpretation to spotting patterns and drawing conclusions. These are skills which lead to a range of high-flying professions in finance, trade, accountancy, information technology but also give great scope for the pursuit of further study and a career in academia.

According to the government prospects website, six months after graduating 9 per cent of mathematics are employed as finance analysts and advisors; the list of the 10 most popular professions include chartered and certified accountants, actuaries, programmers, software developers and secondary school teachers. More importantly, only 9.3 per cent are unemployed.

Not only can maths graduates easily find jobs, they are even in high demand in some fields! In teaching there is a huge shortage of mathematics and last year 30 per cent of Maths PGCE teaching training course places remained unfilled. A similar deficit has been noted in the financial sector: recruitment agency Robert Half International reported that in the aftermath of the recent economic crisis, most city finance managers saw maths as an essential commodity for a fruitful career in the City. Having struggled to find UK graduates with skills in this field, they now recruit increasingly from Eastern Europe, China and India.

Despite this demand, the graduates aren’t there; with a rise in students choosing modern degrees over classic academic courses like maths, it seems those who pursue this discipline are in a better place than ever before.

So if you're wondering what to study at university make sure you give mathematics real consideration as you could end up getting gold in the job market.

Categories: Maths-Careers