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Any statisticians or Math majors on TL? - Page 2

Blogs > Scorpion77
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babylon
Profile Blog Joined April 2011
8765 Posts
March 28 2013 06:20 GMT
#21
On March 28 2013 14:52 Muirhead wrote:
Show nested quote +
On March 28 2013 13:12 BirdKiller wrote:
On March 28 2013 12:51 babylon wrote:
^ Landing a tenure-track job as a professor is tough in any field nowadays, STEM or otherwise. Of course, it's particularly bleak for humanities majors (e.g. if you're not in a top 10 program, you're probably screwed + there's less you can do with a humanities PhD compared to a STEM PhD in terms of work outside of academia). It's less rough on STEM majors in that you still have hope if you're not attending a Top 10 program, but I really wouldn't get my hopes up.


This. The road to getting a tenure-track professor position is extremely competitive and limited to begin with for any majors. It's a bit easier in mathematics as fewer people pursue it compared to students in humanities/social science although it's counterbalanced by most university's math department being relatively small.

I would say only pursue a Ph.D in mathematics if and only if you absolutely are passionate and love mathematics itself such that you're willing to live cheap/dirt poor, stay up and stay in for long nights and weekends, and go through several premature mid-life crises.


I don't like this advice. It is putting too much pressure on people to insinuate that they must always be passionate about mathematics. A person's desire to do mathematics can wax and wane over time and they can still be successful. As long as you have enough talent and motivation during the times you feel like doing mathematics, I feel it is important not to feel guilty during the times you are not doing mathematics.

In my opinion, it's all about understanding the costs vs. the benefits. If, in the face of knowing about the bleak job market, you are still willing to sacrifice the time and (potential) money earned, and you are not going into debt(!!!), then it's your decision! Just be aware of the horrendous chances.

I certainly can't mouth off at you anyways. Would be hypocritical. My subfield has just a handful of job postings a year. (Literally. There are currently four job ads up, and this is a really good year.)
BrTarolg
Profile Blog Joined June 2009
United Kingdom3574 Posts
March 28 2013 09:36 GMT
#22
I did maths

I'm working in an industry that supposedly is for mathematicians and smart physicists and the like

At no point have i needed any of that. All i needed was some common sense and maybe some psychology *shrug*


Maths was cool to study, i wouldn't have done anything else tbh

If you're actually looking for a job, then you better start studying heavy numerical analysis and numerical modelling followed by a lot of python.
Someone with a PHD in numerical modelling with a maths background, good python skills, a CFA and yeah, i could get you a job as a quant somewhere if you are smart enough to do all those things and still want to work your ass off lol

3Form
Profile Joined December 2009
United Kingdom389 Posts
March 28 2013 10:46 GMT
#23
On March 27 2013 23:36 BoonSolo wrote:
Heres my 2cents,

I live in the UK for what its worth although I cant imagine it makes worlds of difference.

I always loved maths in school, my A-Levels (16-18) I did maths, further maths, physics and biology and got AAAB respectively. I went to a good university (around 10th in the country I believe). Despite being good at maths and enjoying the work I had done so far, the hardest topic we learnt was probably fairly advanced Calculus, although no multi-variable stuff.

When I got to university my first year went swimmingly although 90% of the topics covered were not anything like I had studied in school. Group theory, Number theory, Linear Algebra and proofs in general were completely new to me and probably due t my own laziness I had no idea this is what would be taught.

I would make sure you look into the topics that the course will offer and make sure that it will interest you. I wish someone had given me this advice because by the time I was 50% through my course I had lost all passion for it and really just scraped through on being good at the basics. If I could do it over I would take economics, finance or something numerical that was easier and more practical.

I currently work for a relatively small investment management firm dealing mostly with fund structuring and fund management. I’ve passed the IMC (Investment Management Certificate, UK exam only) and I am studying for the CFA (Chartered Financial Analyst) which is basically an MBA in finance. I enjoy this study much more as I can see uses for the maths that I am learning instead of everything, and I mean EVERYTHING being totally theoretical in my degree.

In terms of employability, I couldn’t apply for high profile banking jobs straight out of uni because I didn’t get a 2:1 (60% on course), however even the best jobs advertised: required 2:1 in any numerical field. I believe if I had studied economics or finance I would have gotten a better grade due to increased interest and the course being easier.

So sure if you believe you have the passion and the drive to enjoy it and get a strong grade you are probably in a good position for employability as a mathematics degree is very highly regarded (even for me with my relatively low grade) however in my opinion I believe a 1st in economics and a 1st in Maths are not that dissimilar in terms of employability, I think all that matters is getting the interview, your degree isnt going to matter so much once your in there, its just the way to get in.


Seems you had a similar experience to me. I waltzed through school and A levels, but university maths was a different kettle of fish. I was used to the "solve this do this" stuff at school, but at university it became a lot more abstract and really there wasn't a whole lot of "do this solve this", let alone using a calculator. I swear when I say maths to people they say "Oh you could become an accountant", to which I reply that really there isn't any Maths in accounting - the only exams I'd say a calculator was vital were the statistics modules.

However, I lost my pa during the course which probably didn't help, and after taking a couple of years longer than I should have (I resat second year and took a year break) I did manage to complete with a 2:2. Final year I did some modules that were really interesting. Graph Theory and Combinatorics actually taught me what Maths is really about, the abstractness of it and the lateral thinking that is needed to solve problems. After these modules I was actually doing proofs myself, rather than just trying to memorise them for exams like in first year. I also did a Cosmology module that was very interesting.

So with hindsight I wouldn't do Maths at age 19 like I did, I'd wait until now (I'm 25) so as to be a bit maturer and appreciative of it. I'd still do it, because it's fascinating, I'm a little gutted I couldn't make the most of it. Of course that's easy to say, likely that the whole experience was a maturing one. But OP you seem to be acting mature about this. Just honestly ONLY do Maths if you are sure you'll enjoy it, that's the only advice I can really give.
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