# The HIGHEST Paying MATH Degrees!

Shane Hummus2020-12-09

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52K views|3 years ago

ðŸ’« Short Summary

The video discusses high paying math degrees, including mathematics, statistics, physics, computer science, economics, and engineering fields like petroleum engineering and actuarial science. It highlights starting and mid-career salaries, job growth, and potential career paths in each field. Viewers are encouraged to engage with the content creator by leaving comments, hitting the notification bell, and exploring other videos.

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Highest paying math degrees

01:00Math degree can lead to a salary of $59,000 in the first five years post-graduation and $103,000 mid-career.

Operations research analyst job highlighted with a salary of $84,000 and 105,000 available jobs.

Caution on the practical application of a pure mathematics degree due to its theoretical nature.

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Overview of a Statistics Degree

03:24Graduates can expect to earn $63,000 in the first five years and $114,000 in mid-career.

Career paths include statistician or data analyst, with some positions requiring a master's degree.

The field is rapidly growing with an estimated 15,000 new jobs in the next 10 years.

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High paying career opportunities in physics and applied mathematics.

04:38Physicists earn around $122,000 a year while applied mathematicians start at $64,000.

Job growth expected in technology and finance industries for graduates in these fields.

Companies value problem-solving skills from these degrees and often hire based on intellectual capability.

Various career paths available for physics and applied mathematics majors, with some roles requiring a graduate level degree.

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High-paying Jobs in Computer Science and Mathematics

06:40Over 4.3 million jobs are available in mathematical or computer-related careers, with an average annual wage of $91,000.

Computer science offers a starting salary of $70,000 and mid-career pay of $116,000, with 1.4 million jobs available and growing at 22%.

Combining computer science with other skills like finance or accounting is advantageous.

A degree combining economics and mathematics provides technical skills and knowledge of the economy, offering starting pay of $65,000 and mid-career pay of $121,000.

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Lucrative career paths in economics and quantitative economics offer opportunities for roles like economist, financial manager, and software developer.

10:31Combining economics with math in quantitative economics emphasizes statistics and can lead to mid-career pay of $123,000.

Aerospace studies is a unique degree for aspiring rocket scientists, with starting pay of $50,000 and mid-career pay of $130,000.

Caution is advised when pursuing aerospace studies as it may lead to pigeonholing.

Diversifying with math and programming skills is recommended for success in economics, quantitative economics, and aerospace studies.

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High-paying engineering fields include petroleum engineering, actuarial science, and aerospace engineering.

12:35Petroleum engineering involves extracting crude oil and processing it for use in gas tanks, requiring strong mathematical skills.

Actuarial science assesses risk using mathematical and statistical methods, particularly in finance.

Aerospace engineering is a career path similar to rocket science, with a growing job market and an average salary of $116,000 per year.

Considerations for majoring in actuarial science are emphasized, emphasizing the need for certainty in pursuing a career as an actuary.

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Petroleum engineering offers lucrative career opportunities, with an average starting salary of $92,000 and mid-career pay reaching $182,000.

13:24Job growth in the industry is expected to be at 3% over the next decade, leading to approximately 1,100 new openings.

Despite concerns about the industry's future and volatility, there are opportunities due to upcoming retirements of baby boomers.

The speaker believes that natural gases will remain essential for the foreseeable future.

An upcoming project ranks common college degrees for accuracy in the field.

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