Education, they say, is the key to success. It equips you with the knowledge and skills necessary to jumpstart a successful career in your preferred field. However, having a rewarding career takes much more than just having the requisite qualifications. There are a number of traits and abilities that come in handy depending on the career path you choose. If you have a mathematical brain, there is a good chance that you will enjoy crunching numbers, sifting through data and solving puzzles. Such skills are very important when it comes to handling financial matters. As such, there are several finance careers that you can choose to pursue once you complete your studies.
An actuary’s job involves analyzing past statistical data with the aim of establishing the probability of certain events occurring in the future. The professional will also figure out the costs associated with the occurrence of the said events. If you have a mathematical mind, you will not only be in a better position to grasp certain concepts and topics while pursuing your degree but will also be able to use probability to help firms minimize financial risks. This will help in estimating the financial effects of specific actions as well as creating policies.
Economists play an important role in the running of both individual businesses and countries. Part of the job description of an economist involves identifying problems and coming up with solutions relating to the production and distribution of goods and services. Mathematical abilities are important when it comes to monitoring and analyzing the present economic conditions and predicting future trends. A mathematical mind will also be invaluable when striking a balance among factors of production such as capital, land, labor and raw materials.
If you love math, you can consider a career in accountancy. Accountants work in different organizations, ranging from banks, non-profits, educational institutions to governments. In order to be a successful accountant, you should not only earn the relevant academic qualifications but also gain experience by seeking internship opportunities in companies such as LCNB National Bank. The main responsibilities of an accountant are to maintain accounting records and prepare financial statements. An accountant may also study and evaluate financial records prepared by other people within the organization. Based on this information, the expert will be required to advise the organization on the best course of action to be followed to help achieve the set objectives.
Most math-centric jobs that relate to finance pay pretty well. However, if you are to climb the career ladder, you should consider pursuing further studies or gaining more experience in the job. This will go a long way in making you more competitive in the job market.
Emma is a freelance writer currently living in Boston, MA. She writes most often on education and business. To see more from Emma, say hi on Twitter @EmmaSturgis2