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Consortium for Mathematics and its Applications

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December 22, 2022
Written on . Posted in Math Modeling.

15 Careers That Rely on Mathematical Modeling

Have you considered a career in mathematical modeling, but are unsure where to start? This list of math modeling careers will give you some options to consider.

Mathematical modeling is the process of describing a real-world scenario in the form of equations in order to analyze and explain complex systems and make predictions. There are a number of careers that use math and math modeling to solve a problem and provide insight.

While not a complete list, here is a list of 15 careers that use mathematical modeling in some capacity.

1. Actuary

An actuary focuses on the measurement and management of risk and uncertainty. Mathematical models can be used to create models that outline potential decisions and anticipate their impact.

2. Architect

An architect is a highly professional in the art and science of building design, responsible for planning and designing buildings. Architectural design may include developing math models for topology and shape in order to create an optimal design.

3. Budget Analyst

Budget analysts prepare budget reports and monitor spending for companies and public and private organizations. Since they often use complex equations and statistical formulas in their analysis, math models are often used to further optimize recommendations.

4. CAD Designer

CAD designers use software to help generate designs for complex projects. Along with algebra and trigonometry, CAD designers use math modeling to create and improve their designs.

5. Computer Programmer

A computer programmer writes and tests codes and scripts to create and modify software and applications. Math modeling can be used in computer programming to create simulations, analyze data, and find solutions to problems.

6. Data Scientist

A data scientist focuses on data, researching, writing algorithms and writing code to answer the questions about the data sets. Math models can be used to model data to get better insights and inform decisions.

7. Economist

Economists study the production and distribution of resources, goods, and services by collecting and analyzing data, researching trends, and evaluating economic issues. They use mathematical models of the economy to explore relationships between prices, production, employment, and more to analyze implications.

8. Engineer

An engineer is involved in inventing, designing and maintaining a variety of machines, structures and data systems. They use mathematical models, such as sets of equations, to analyze the behavior of physical systems.

9. Insurance Underwriter

Insurance underwriters evaluate insurance applications and decide whether to approve them. They use predictive math modeling to come up with risk probability tables based on the industry.

10. Inventory Strategist 

An inventory strategist maintains and improves the inventory systems of a business by analyzing statistics to determine which products are selling and which are not. Math modeling can be used to provide deep analysis into this data.

11. Research Scientist 

A research scientist conducts experiments and investigations in a range of areas, including geoscience, medical research, meteorology and pharmacology. They often use math modeling to explore real-world implications of their experiments.

12. Statistical Analyst 

Statistical analysts collect, analyze, and present data to aid in decision making. Math modeling can be a key part of the analysis stage, understanding data, and predicting outcomes.

13. Statistician

A statistician designs surveys, experiments, or opinion polls to collect data. They develop mathematical models to analyze and interpret the data and create visualizations to help decision making in business.

14. Surveyor

Surveyors take every precise measurements to determine property boundaries for engineering, maps, and construction projects. They create mathematical models based on measurements that other professionals use during the project.

15. Teacher

Math and STEM teachers are responsible for teaching students analytical and statistical knowledge. Mathematical modeling can be used to help students learn mathematics while visualizing a solution to a real-world problem, often making it easier to understand.

For more about careers that use math modeling, sign up for a COMAP membership and download these resources:

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The Consortium for Mathematics and Its Applications is an award-winning non-profit organization whose mission is to improve mathematics education for students of all ages. Since 1980, COMAP has worked with teachers, students, and business people to create learning environments where mathematics is used to investigate and model real issues in our world.