ATAR Notes: Forum

Uni Stuff => Faculties => Science => Topic started by: nubs on January 11, 2012, 09:22:46 pm

Title: Doctor/Master of Science (Mathematics)
Post by: nubs on January 11, 2012, 09:22:46 pm
Just a few questions!

What type of jobs are available to people who have done a Masters or a Doctorate in Pure Mathematics?
What can you expect as an annual salary?
Does UoM offer the Doctor of Science course? Which universities do?

If anyone could answer any of these questions it would be great :)

If I've said something incredibly ignorant I apologise

thanks
Title: Re: Doctor/Master of Science (Mathematics)
Post by: pi on January 11, 2012, 09:27:29 pm
A spesh teacher in my school (Dr G) had a PhD in pure maths, so I suppose teaching/lecturing is always an options :)
Title: Re: Doctor/Master of Science (Mathematics)
Post by: nubs on January 11, 2012, 09:32:07 pm
Yeah I was thinking about lecturing - I was just concerned about the job availability and salary. I've heard a professor doesn't earn much more than a high school teacher
Confirm/deny anyone?

But yeah salary isn't too much of an issue, but I'd prefer something that pays quite well
Title: Re: Doctor/Master of Science (Mathematics)
Post by: Aurelian on January 11, 2012, 09:36:38 pm
Does UoM offer the Doctor of Science course? Which universities do?

Generally speaking, at least in Commonwealth countries, the Doctor of Science (DSc) is an honorary degree, not an actual one. That is, it is a title bestowed on someone by a university who has been deemed, over their lifetime, to have made a significant contribution to the field of science.

That said, a number of universities around the world do offer it, but it's usually no different to a PhD in science.
Title: Re: Doctor/Master of Science (Mathematics)
Post by: nubs on January 11, 2012, 09:39:41 pm
Oh, I thought that a doctorate and a PhD was pretty much the same thing
Title: Re: Doctor/Master of Science (Mathematics)
Post by: dc302 on January 11, 2012, 09:47:29 pm
Oh, I thought that a doctorate and a PhD was pretty much the same thing


PhD IS a doctorate.
Title: Re: Doctor/Master of Science (Mathematics)
Post by: nubs on January 11, 2012, 09:49:09 pm
Yeah I just realised^ lol
Title: Re: Doctor/Master of Science (Mathematics)
Post by: Gloamglozer on January 11, 2012, 09:51:41 pm
Lots and lots of jobs with a PhD in Maths - not just the streotypical teaching!  Government, ASIO, financial institutions, hedge funds, etc.

Ask TT about it.  He's got an uncle who did applied maths, I think it was, and now he's making $$$.

And just an FYI, the President of Singapore, Tony Tan Keng Yam is a mathematician.

Also, there are a lot of hidden jobs.  That's why the public are so naive about mathematicians, ie. thinking that they are all just in teaching.  For example, who would have thought?
Title: Re: Doctor/Master of Science (Mathematics)
Post by: Greatness on January 11, 2012, 10:00:59 pm
I've heard that a professor can earn 100k~+ but you would probs need some experience.
Title: Re: Doctor/Master of Science (Mathematics)
Post by: pi on January 11, 2012, 10:03:03 pm
I've heard that a professor can earn 100k~+ but you would probs need some experience.

Of course! Professors can easily get 150k+ :)
Title: Re: Doctor/Master of Science (Mathematics)
Post by: nubs on January 11, 2012, 10:03:59 pm
Lots and lots of jobs with a PhD in Maths - not just the streotypical teaching!  Government, ASIO, financial institutions, hedge funds, etc.

Ask TT about it.  He's got an uncle who did applied maths, I think it was, and now he's making $$$.

And just an FYI, the President of Singapore, Tony Tan Keng Yam is a mathematician.

Also, there are a lot of hidden jobs.  That's why the public are so naive about mathematicians, ie. thinking that they are all just in teaching.  For example, who would have thought?

Yeah I remember speaking to TT briefly about it, but I was just curious about the jobs that require pure maths instead of applied maths, or something that isn't related to finance, economics or the corporate world in general - if that makes any sense

and the Tutte Institute is interesting me, especially the part where it talks about 'top secret' stuff
cbf Canadian citizenship though
Title: Re: Doctor/Master of Science (Mathematics)
Post by: dc302 on January 11, 2012, 10:08:51 pm
I've heard that a professor can earn 100k~+ but you would probs need some experience.

Of course! Professors can easily get 150k+ :)

You need more than a little experience to even become a professor...
Title: Re: Doctor/Master of Science (Mathematics)
Post by: nubs on January 11, 2012, 10:15:03 pm
How much experience would you need? You would need a doctorate, wouldn't you?
Title: Re: Doctor/Master of Science (Mathematics)
Post by: pi on January 11, 2012, 10:16:31 pm
How much experience would you need? You would need a doctorate, wouldn't you?

My dad was a professor, and he had at least 20 yrs experience (economics). He started his PhD but kinda cbs after a while, lol. So you don't need a PhD to become one :)
Title: Re: Doctor/Master of Science (Mathematics)
Post by: TrueTears on January 11, 2012, 10:21:59 pm
Just a few questions!

What type of jobs are available to people who have done a Masters or a Doctorate in Pure Mathematics?
What can you expect as an annual salary?
Does UoM offer the Doctor of Science course? Which universities do?

If anyone could answer any of these questions it would be great :)

If I've said something incredibly ignorant I apologise

thanks
hey man, there's lots of jobs available to you after you complete pure mathematics, i'm mostly informed on the corporate side of things. You need a combination of pure and applied maths in areas like finance/actuarial studies. You might be wondering why would pure maths be used, i would even say pure maths would help you more in financial analysis/valuation, investments (all kinds; banks, funds etc etc), risk management (a/s) than applied maths, although pure maths isn't used directly but the problem solving skills and the abilities you develop doing pure maths would help you greatly. Applied maths, on the other hand, is also quite useful, however if you have the mind of a pure mathematician, using applied maths in the corporate world isn't too hard.

Annual salary in high paying jobs like CFO/CEO of major banks/investment companies/managed funds etc earn millions per year
Title: Re: Doctor/Master of Science (Mathematics)
Post by: dc302 on January 11, 2012, 11:13:36 pm
How much experience would you need? You would need a doctorate, wouldn't you?

Many years? It's not just about experience, it's about what you actually contribute. You can't just get a PhD, lecture at a uni and contribute hardly anything for ages and expect many promotions compared to someone who is actively writing a lot and being recognised.
Title: Re: Doctor/Master of Science (Mathematics)
Post by: Russ on January 12, 2012, 10:06:27 am
Just a warning, academia has very poor job security and remuneration compared to the amount of effort it takes.