Applied Mathematics Major Guide: Overview and RoEDU™ Opportunities 2025

The Applied Mathematics major builds core foundations in this discipline and prepares students with practical, career-relevant skills. Use RoEDU™ to find programs that match your goals.

Within Mathematics, students often explore key subfields and specializations that provide targeted expertise.

Graduates translate classroom knowledge into real-world impact across sectors through hands-on projects and internships.

As part of Mathematics, this major connects to diverse, high-demand fields and interdisciplinary pathways.

Salary Outlook

Entry-level salary
$80,781

Typical starting pay soon after graduation.

Mid-career salary (10y)
$127,720

Estimated after a decade of experience.

Experienced salary (20y)
$171,646

Seasoned professionals at ~20 years.

Weighted median over last 5 years
CAGR 6.6%

CAGR (compound annual growth rate) summarizes average yearly change across the observed period.

Estimated lifetime earnings

40 years, present value
$3,231,240

Employment-weighted across mapped SOCs; entry ≈ 85% of median; historical CAGR shown for last 5y; projections capped at 3% CAGR; lifetime is 40-year present value at 3% discount.

Career Opportunities & Salaries

Data from Bureau of Labor Statistics (2024) • Median wages, employment, and growth projections

OccupationMedian WageTotal JobsGrowth RateEducation
Natural Sciences Managers
SOC: 11-9121
Occupation: Natural Sciences Managers
$161,180
100,870
N/A
N/A
Financial and Investment Analysts
SOC: 13-2051
Occupation: Financial and Investment Analysts
$101,350
340,580
N/A
N/A
Financial Risk Specialists
SOC: 13-2054
Occupation: Financial Risk Specialists
$106,000
56,320
N/A
N/A
Financial Specialists, All Other
SOC: 13-2099
Occupation: Financial Specialists, All Other
$80,190
127,450
N/A
N/A
Actuaries
SOC: 15-2011
Occupation: Actuaries
$125,770
28,340
N/A
N/A
Mathematicians
SOC: 15-2021
Occupation: Mathematicians
$121,680
2,220
N/A
N/A

Historical Career Trends (2020-2024)

Historical data from Bureau of Labor Statistics (2020-2024) • Salary trends and employment growth over 5 years

Financial and Investment Analysts

10.7%
5-Year Growth
YearMedian WageEmployment
2024$101,350340,580
2023$99,010325,220
2022$95,080291,370
2021$91,580291,880

Financial Risk Specialists

6.0%
5-Year Growth
YearMedian WageEmployment
2024$106,00056,320
2023$106,09055,290
2022$102,12055,800
2021$100,00054,320

Financial Specialists, All Other

9.5%
5-Year Growth
YearMedian WageEmployment
2024$80,190127,450
2023$78,310122,730
2022$73,810127,020
2021$73,240123,200

Mathematical Science Occupations, All Other

14.5%
5-Year Growth
YearMedian WageEmployment
2024$71,4904,660
2023$70,6204,320
2022$71,7003,840
2021$62,4603,970

Mathematical Science Teachers, Postsecondary

7.7%
5-Year Growth
YearMedian WageEmployment
2024$79,35048,820
2023$81,02048,230
2022$77,42046,560
2021$77,58044,140
2020$73,65049,550

Colleges offering Applied Mathematics

Illinois Institute of Technology

RoEdu™

999

Net Price

$26k

Earnings

$76k

University of Illinois Urbana-Champaign

RoEdu™

999

Net Price

$15k

Earnings

$69k

University of California-San Diego

RoEdu™

999

Net Price

$14k

Earnings

$70k

Embry-Riddle Aeronautical University-Daytona Beach

RoEdu™

999

Net Price

$42k

Earnings

$80k

Florida Institute of Technology

RoEdu™

999

Net Price

$37k

Earnings

$71k