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
$90,649

Typical starting pay soon after graduation.

Mid-career salary (10y)
$112,614

Estimated after a decade of experience.

Experienced salary (20y)
$118,915

Seasoned professionals at ~20 years.

Weighted median over last 5 years
CAGR 0.5%

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

Estimated lifetime earnings

40 years, present value
$2,354,522

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
Financial and Investment Analysts
SOC: 13-2051
Occupation: Financial and Investment Analysts
$101,350
340,580
N/A
N/A
Mathematical Science Occupations, All Other
SOC: 15-2099
Occupation: Mathematical Science Occupations, All Other
$71,490
4,660
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
Mathematical Science Teachers, Postsecondary
SOC: 25-1022
Occupation: Mathematical Science Teachers, Postsecondary
$79,350
48,820
N/A
N/A
Biological Scientists, All Other
SOC: 19-1029
Occupation: Biological Scientists, All Other
$93,330
59,710
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

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

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 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

Biological Scientists, All Other

9.4%
5-Year Growth
YearMedian WageEmployment
2024$93,33059,710
2023$91,10061,220
2022$87,30055,300
2021$82,53047,050
2020$85,29041,680

Economists

6.5%
5-Year Growth
YearMedian WageEmployment
2024$115,44015,880
2023$115,73016,420
2022$113,94016,370
2021$105,63015,640
2020$108,35017,520

Statisticians

12.0%
5-Year Growth
YearMedian WageEmployment
2024$103,30029,800
2023$104,11029,950
2022$98,92030,780
2021$95,57031,370
2020$92,27038,860

Actuaries

13.3%
5-Year Growth
YearMedian WageEmployment
2024$125,77028,340
2023$120,00025,470
2022$113,99025,010
2021$105,90023,040
2020$111,03022,480

Mathematicians

9.8%
5-Year Growth
YearMedian WageEmployment
2024$121,6802,220
2023$116,4402,220
2022$112,1102,070
2021$108,1001,770
2020$110,8602,460

Colleges offering Applied Mathematics

University of Notre Dame

RoEdu™

999

Net Price

$30k

Earnings

$84k

Illinois Institute of Technology

RoEdu™

999

Net Price

$26k

Earnings

$76k

University of Illinois Urbana-Champaign

RoEdu™

999

Net Price

$15k

Earnings

$69k

Embry-Riddle Aeronautical University-Daytona Beach

RoEdu™

999

Net Price

$42k

Earnings

$80k

University of Chicago

RoEdu™

999

Net Price

$28k

Earnings

$91k