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Daily Digest Archive for Augsut 1, 2002

Q: (Initially posted on 7/30) FROM MENTEE SANA A. IN CT
I was wondering if jobs relating to a science career
pay more than jobs related to a math based career? Is
this true? What jobs have the highest demand? Will the
same type of jobs have a great demand about 10 or 20
years from now?





 






August 1, 2002
A: FROM MENTOR KRISTIN TAGHON. To read bio. click here.
Math and Science careers are so closely related, Sana. I can't really speak to
what pays more or what jobs have the highest demand. I can only speak from my
experience. My degree in Computer Science was Math-based. When I was in
college, I could take the business side or the Math side. I chose the Math side
because I thought that taking the business degree would limit me to just
programming in business applications, as opposed to technological programming
(like robotics and other devices such as cell phones). As it is, I luckily made
the right decision at the time! When I graduated, the job market was not
great. But, I did find a job writing code for Insurance Claims systems,
business-oriented. As the job market opened up, I moved into a more
technological field of telecommunications applications, which was booming in the
90s. But, times DO change. In 1999, business-oriented programmers were in high
demand to ward off problems dealing with Y2K (I had coded in COBOL, a business
language when first out of school and I received many calls for jobs with a
promise of very good pay). Now, I'm in telecommunications and, if you haven't
heard, the market is really bad!! We are all hoping it bounces back soon!
Three years ago, telecommunications was the place to be! Even the CEOs are in a
state of shock and cannot predict what the future holds. You have to listen to
analysts and CEOs to TRY to predict what will be in high demand in the near
future and in 10 or 20 years, but you can never be sure of what will happen.
Also, the higher degree you have will help you find a job in a bad job market.
Mini Varughese said that physicists are not in high demand, so Physics wouldn't
be a good degree right now. BUT, I know that my company and many others will
hire a physics major to do other jobs in engineering because they know that
Physics Major candidates are VERY intelligent and have very good analytical
thought processes. A boss I had once was a physics major. He hired 2 people
because, among their many impressive credentials, they were physics majors! I
guess my point is, research what you enjoy doing, find out what is in high
demand and what they predict will be in high demand. BUT, if, when you
graduate, "they" were wrong and you can't find a job in what you went to school
for, you WILL find a job in something else, possibly more interesting than
anything you could have imagined previously! Changing technology keeps opening
more doors. The prospects in your future are exciting and abundant! Good luck!

July 31, 2002
A: FROM MENTOR MINI VARUGHESE. To read bio. click here.


Math based careers pay more. Actuaries are one example. They are in high
demand but must pass a lot of tests to maintain their accreditation.
http://www.beanactuary.org/.
I know for a fact from talking to a friend of mine that has a Ph.D. in math,
that his postdoctoral salary was 30K above mine. I have a Ph.D. in
biochemistry. There are some science fields that do pay well compared to
mathematics however, such as a Ph.D. in computational
biology/bioinformatics. http://www.iscb.org/. Physics Ph.D is not a good
idea however as jobs for physicists have been scarce.


END