2022 Mathematics & Statistics Degree Guide
Do you like math? Are you talented with numbers and formulas? Studying Mathematics & Statistics will teach you how to apply mathematical formulas and theory in order to analyze data and solve problems in the real world.
By choosing a major in the Mathematics & Statistics field, you will learn how to work with technology to solve complex mathematical issues. Formulas, theories, abstract concepts, and of course numbers will be part of your daily routine. You will work independently as well as with a team. This is a very rigorous field of study; you will dive much deeper into the world of mathematics and will learn how mathematics can be applied to everyday life.
The field of mathematics offers opportunities to specialize, so it can appeal to students with different strengths, offering many options for a future career. General Math is a good option for students who want a broad education leaving them many options upon graduating. Majoring in Applied Mathematics will show you how mathematical theory can be applied to various practical fields like architecture, computer programming or finance. Another option is to major in Statistics, where you will explore data and the theories that surround it. Explore additional majors to help you decide what direction you would like to take.
Rapid Growth in Mathematics & Statistics Degrees Awarded
Mathematics & Statistics was the 20th most popular major in the 20192020 school year. Colleges in the United States reported awarding 51,056 degrees in this year alone. This represents a 3.9% increase in mathematics and statistics degrees awarded over the prior year's total of 49,071.
The United States has 1,563 different schools where you can get a degree in mathematics and statistics. Our 2022 Best Mathematics & Statistics Schools ranking analyzes 443 of these schools to determine the best overall colleges for mathematics and statistics students. Explore this or one of our many other custom mathematics and statistics rankings further below.
Mathematics & Statistics Degree Requirements
This is an intense academic program that will require a love of math and an ability to grasp abstract concepts. Students should have good time management skills in order to juggle classes, lab work and meet deadlines. Students will use critical thinking and logic to analyze data and solve problems. Clear and concise writing with attention to detail and accuracy is necessary for success.
Don't be afraid to ask for help when you need it. Your professors and advisors are there to guide you, and there is a lot you can learn from your peers. Be open to listening to other perspectives and unique approaches. Teamwork and being able to collaborate are essential skills for any career you go into.
Mathematics & Statistics Degree Program Entry Requirements
New students will need to have completed high school or a GED program and each school will have their own minimum GPA and SAT/ACT test requirements. Specific mathematics and statistics careers may require a certain level of degree attainment or additional certifications beyond that.
Mathematics & Statistics Degree Types
There are many different mathematics and statistics degree levels. You can get anything from a in mathematics and statistics to the highest mathematics and statistics degree, a . Depending on the mathematics and statistics degree you choose, obtaining your diploma can take anwhere from 1 to 4+ years.
Degree  Credit Requirements  Typical Program Length 

Associate Degree  6070 credits  2 years 
Bachelor’s Degree  120 credits  4 years 
Master’s Degree  5070 credits  13 years 
Doctorate  Program required coursework including thesis or dissertation  At least 4 years 
A bachelor's degree is the most common level of education achieved by those in careers related to mathematics and statistics, with approximately 38.8% of workers getting one. People currently working in careers related to mathematics and statistics tend obtained the following education levels.
Level of Education  Percentage of Workers 

Bachelor’s Degree  38.4% 
Master’s Degree  28.0% 
Doctoral Degree  17.4% 
PostDoctoral Training  5.8% 
PostBaccalaureate Certificate  5.8% 
About 53.5% of workers in careers related to mathematics and statistics obtain at least master's degrees. The chart below shows what degree level those who work in mathematics and statistics have obtained.
The education level required is different depending on the mathematics and statistics career you are seeking.
Career Opportunities for Mathematics & Statistics Majors
Many employers are in need of workers with strong mathematical skills. Graduates often find work in business, financial or government intuitions doing research, analysis, advising or marketing. Grads can also find work in insurance companies or tax agencies as auditors or actuaries. Other fields you could find work in are computer programming and software development. Some students are also interested in becoming a high school math teacher or a math professor. Some of these career options may require additional training.
Your superior analytical and critical thinking skills will also help you get into a graduate program. Those with a background in mathematics often obtain Master's degrees in math, statistics, business, law and medicine. This is often necessary for careers as a mathematician or statistician.
<Solid Growth Projected for Mathematics & Statistics Careers
Want a job when you graduate with your mathematics and statistics degree? Mathematics & Statistics careers are expected to grow 9.2% between 2016 and 2026.
The following options are some of the most indemand careers related to mathematics and statistics.
Occupation Name  Projected Jobs  Expected Growth 

High School Teachers  1,095,500  7.5% 
Financial Analysts  328,200  10.8% 
Financial Specialists  149,000  9.6% 
Mathematical Science Professors  66,600  9.4% 
Natural Sciences Managers  62,300  9.9% 
How Much Money Do People With a Mathematics & Statistics Degree Make?
Mathematics & Statistics graduates between 20152017 reported earning an average of $47,652 in the 20172018 timeframe. Earnings can range from as low as $23,700 to as high as $126,100. As you might expect, salaries for mathematics and statistics graduates vary depending on the level of education that was acquired.
High Paying Careers for Mathematics & Statistics Majors
Salaries for mathematics and statistics graduates can vary widely by the occupation you choose as well. The following table shows the top highest paying careers mathematics and statistics grads often go into.
Occupation Name  Median Average Salary 

Natural Sciences Managers  $139,680 
Actuaries  $116,250 
Economists  $116,020 
Mathematicians  $104,870 
Financial Analysts  $100,990 
Getting Your Mathematics & Statistics Degree
With over 3,966 different mathematics and statistics degree programs to choose from, finding the best fit for you can be a challenge. Fortunately you have come to the right place. We have analyzed all of these schools to come up with hundreds of unbiased mathematics and statistics school rankings to help you with this.
Mathematics & Statistics Related Majors
Mathematics & Statistics Majors to Study
Major  Annual Graduates 

Mathematics  30,668 
Applied Mathematics  10,350 
Statistics  9,304 
Other Statistics  560 
Applied Statistics  174 
View All Mathematics & Statistics Related Majors >
Most Popular Majors Related to Mathematics & Statistics
Related Major  Annual Graduates 

Engineering  196,458 
Computer & Information Sciences  188,260 
Biological & Biomedical Sciences  166,772 
Physical Sciences  52,200 
Engineering Technologies  50,499 
View All Mathematics & Statistics Related Majors >
References

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