Applied Mathematics Major Details

Applied Mathematics is a major in the STEM field. It offers a very high median lifetime income of $3.92 million. A high share of 53% of students go on to obtain a masters, doctorate, or professional degree after their bachelors. See data details here.

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Applied Mathematics Majors’ Salary Over the Career

This figure shows median earnings by age for those who majored in Applied Mathematics but have a bachelor’s degree only: “This Major (BA only)”, and those who majored in Applied Mathematics but obtained a masters degree or higher: “This Major (Grad Degree)”. For reference, “All Majors (BA only)” contains the median income for all college graduates who have a bachelor’s degree only, and “All Majors (Grad Degree)” contains the median income for all college graduates who have a Master’s degree or higher.

DynamicIncome

This table highlights key outcomes for Applied Mathematics majors, compared to averages for all college graduates.

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Top 10 Early-Career Occupations (Bachelor’s only)

These are the top occupations for Applied Mathematics majors aged 25-35 who have a BA only (no graduate degree) and the median income they received in the occupation. The share indicates the percentage of Applied Mathematics majors aged 25-35 with a BA only who worked in that occupation.


Top 10 Mid-Career Occupations (Bachelor’s only)

These are the top occupations for Applied Mathematics majors aged 45-55 who have a BA only (no graduate degree) and the median income they received in the occupation. The share indicates the percentage of Applied Mathematics majors aged 45-55 with a BA only who worked in that occupation.


Top 10 Mid-Career Occupations (Master’s Degree or higher)

These are the top occupations for Applied Mathematics majors aged 45-55 who have completed graduate work (Masters, PhD, Professional Degree) and the median income they received in the occupation. The share indicates the percentage of Applied Mathematics majors aged 45-55 with graduate degrees who worked in that occupation.


Top 10 Early-Career Industries

These are the top industries for Applied Mathematics majors aged 25-35 and the median income they received in the industry. The share indicates the percentage of Applied Mathematics majors aged 25-35 who worked in that industry.

Share Industry Income
16 Computer and data processing services 125,000
8 Insurance 103,000
7 Colleges and universities 64,300
6 Elementary and secondary schools 63,300
5 Security, commodity brokerage, and investment companies 170,000
4 Banking 98,700
4 Management and public relations services 111,000
2 Credit agencies, n.e.c. 148,000
2 Radio and television broadcasting and cable 164,000
2 Research, development, and testing services 103,000

Top 10 Mid-Career Industries

These are the top industries for Applied Mathematics majors aged 45-55 and the median income they received in the industry. The share indicates the percentage of Applied Mathematics majors aged 45-55 who worked in that industry.

Share Industry Income
13 Computer and data processing services 162,000
8 Colleges and universities 116,000
6 N/A (not applicable) 0
6 Insurance 155,000
5 Elementary and secondary schools 80,400
4 Management and public relations services 136,000
4 Banking 155,000
4 Security, commodity brokerage, and investment companies 212,000
3 Research, development, and testing services 160,000
2 Engineering, architectural, and surveying services 138,000

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