Mathematics majors can apply for a master's degree in economics, because economics at the master's and doctoral stages relies more on statistical models and software to complete the processing of samples and data related to economics, especially econometrics, which is more based on statistics and probability theory. Generally speaking, there are some hot topics in economics, including: industrial economics, environmental economics, macroeconomics, microeconomics, regional economic development and so on.
2. Applied Mathematics:
There are many projects in this major, and most of the master's programs are to pave the way for future doctoral studies. Therefore, students who consider this direction should consider whether they plan to study for a doctorate in mathematics in the future. In fact, there are some small research directions in applied mathematics, such as calculus and computer mathematics, and taking advanced calculus as the research goal is a hot direction. Applicants must have excellent mathematical ability, and at the same time, it will be more helpful to apply if they can take the GRE mathematics special exam.
3. The direction of biostatistics:
Biostatistics is a method to study and develop statistics and apply it to public health and health fields, and finally improve and solve public health-related problems. For example, the relationship between breastfeeding infected with HIV and infant mortality; Whether hormone replacement therapy can cause heart disease; All these need to be analyzed and processed by biostatisticians to reach a conclusion. The biostatistics major is generally set under the school of public health. In addition to excellent math scores, applicants should take 1-2 courses related to biology or public health to increase their professional background.
4. Actuarial:
In fact, actuarial talents can be said to be the most advanced and tight mathematical talent group in the financial industry at present. Actuarial science is the application of mathematical knowledge with statistics and probability theory as the core in the frontier field of finance, especially in the field of insurance and risk control. Actuarial science is also one of the most demanding majors for applicants. There are more than 30 top schools in the United States offering actuarial majors, and Columbia University is the most famous. At the same time, people engaged in actuarial work are also the most tired. Because they touch the core business of investment banks, it is normal to work 18-20 hours a day.
5. Statistics and operations:
In recent years, statistics and logistics are increasingly combined, emphasizing the in-depth research and application of statistical methods, especially in project management and planning and engineering construction. So some schools will put this major in the Institute of Industrial Engineering. Although it is not as difficult as actuarial science and applied mathematics, it is one of the most promising majors in terms of practicality and employment prospects, so many applicants have a special liking for this major.
5. Financial Mathematics:
Financial mathematics is actually similar to actuarial science, and it is a combination of mathematics, finance and even economic fields. The difference is that actuarial science emphasizes the study of probability theory and statistics related courses; Financial mathematics makes full use of the auxiliary role of mathematical knowledge such as calculus in the financial field. At the same time, actuarial science pays more attention to "calculation", that is, mathematics; Financial mathematics is a combination of mathematics and financial courses. As far as schools are concerned, there are few schools offering financial mathematics, and most of them are top schools in the United States. The number of applicants has increased year by year, which leads to fierce competition in this major.
6. Finance:
Although finance does not pay attention to the importance of mathematics like financial mathematics, it is also based on basic mathematics. In addition, the characteristics of quantitative analysis in American financial field also determine the important role of mathematics in financial specialty. Finance majors usually have many small directions, such as investment management, corporate finance, securities trading, marketing and so on. This major is very beneficial for applicants majoring in mathematics to apply. Finance is a good choice for students who don't want to pay too much attention to mathematics at the master's stage and want to be more practical.
7. Financial engineering:
This major is actually a pure engineering major. On the one hand, applicants are required to have a mathematical background, and at the same time, it is best to have a computer background. So if you are an undergraduate in mathematics and have studied some courses related to computer programming, financial engineering is also one of the choices.