# What are the BEST Math Degrees?

Shane Hummus2020-06-10

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99K views|4 years ago

ðŸ’« Short Summary

The video explores various math-related degrees, highlighting their earning potential and job prospects. It discusses economics, accounting, mathematics, physics, actuarial science, engineering, and computer science degrees, emphasizing the importance of combining math skills with other fields for practical applications. The video encourages viewers to consider networking, internships, and skill-building while pursuing these degrees. Overall, math-related degrees offer a wide range of career paths with high demand in the job market, making them valuable investments for the future.

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ðŸ“Š Transcript

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Overview of Math-Related Degrees

00:40Economics is highlighted as a math-intensive degree with promising salary prospects and recommends networking, internships, and skill-building.

Double majoring in business or technology is suggested along with majoring or minoring in computer science, mathematics, or statistics.

Career paths in finance, such as financial manager, are discussed for those with math-related degrees.

Accounting is mentioned as an important degree for financial careers, although not directly math-related.

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Accounting and mathematics are stable careers with competitive average salaries.

02:44Accounting has an average salary of $51,000 in the first four to five years after graduation and can be combined with computer programming for added value.

Mathematics graduates can expect an average salary of $57,500 in the first five years, with mid-career pay reaching around $102,000.

Both careers offer plenty of job opportunities, with math skills being highly valued by companies.

Concerns about potential outsourcing and automation exist in the accounting field.

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Benefits of combining a pure mathematics degree with a complementary field like business or finance.

04:55Mathematics graduates often do not become mathematicians but instead work in technology, finance, or business.

A finance degree can lead to a career as a financial analyst, with good earning potential and job prospects.

Finance pairs well with math-related degrees like statistics or mathematics, providing various career paths beyond financial analysis.

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Physics degree is highly respected in the industry and graduates can earn around $60,700 in their first five years and $113,000 mid-career.

08:01Many physics graduates may not work as physicists without a doctorate, but the degree is valued by hiring managers for its difficulty.

Supplementing physics skills with practical knowledge like computer programming or business can be beneficial for real-world applications.

Physics is a niche field with clear career paths for dedicated individuals.

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Highlights of Actuarial Science Degree:

10:26Actuarial science is closely related to mathematics and statistics, offering high earning potential and job security.

Graduates can work as actuaries for big companies after passing challenging tests.

The degree provides a median salary of $63,700 in the first five years and $127,300 after ten years.

Actuarial science is a good hybrid between business and mathematics, attracting individuals with a passion for numbers and analytical thinking.

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Engineering is a lucrative career path with high earning potential and numerous job opportunities.

12:41Despite some oversaturation, engineering degrees remain valuable due to their real-world applicability.

Graduates are in demand for their intelligence and work ethic, although the field is challenging and requires dedication.

Electrical Engineering is highlighted as a particularly rewarding specialization, offering a high average salary.

Overall, engineering is a tough but rewarding choice for those willing to put in the effort.

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Benefits of a Computer Science Degree

15:04Computer science degree provides valuable skill set and numerous career opportunities, such as software developer with an average salary of $105,000/year.

Field has over 1.3 million jobs available and is growing at a rate of 21%.

Other career paths include computer network architect, offering an average salary of $112,000/year with 159,000 jobs available.

Importance of pursuing a computer science degree due to its versatility and high demand in the job market is emphasized in the video.

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Encouragement to share perspectives on math-related topics.

15:55Viewers with math-related degrees are specifically invited to contribute.

Audience is thanked for watching.

Farewell message is given.

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