Business mathematicians can work in various industries and professional fields, such as insurance companies, banks, management consultancies or also in research and teaching. Typical occupations for business mathematicians include:
Business mathematicians have a variety of tasks, depending on the professional field and industry. Some typical tasks can be: Developing mathematical models to analyse financial markets, risks or insurance premiums, creating forecasts and scenarios for the development of companies or economic sectors. But also the analysis of data and statistical evaluations, as well as advising clients or companies on financial or insurance issues.
Due to their specialisation, business mathematicians have good career opportunities, especially in the finance and insurance industries. There is also a need for mathematically skilled experts in other industries. Job opportunities can vary depending on the industry and professional field, but in general the prospects are good.
Are there any fields of work for business mathematicians?
Business mathematicians can work in many different fields, such as: