STEM College Major

Mathematics

Salary data, career paths, top colleges, and every specialization, all sourced from College Scorecard, IPEDS, and the U.S. Bureau of Labor Statistics.

About Mathematics

Wondering whether Mathematics is worth studying? What matters is what graduates actually earn, where they end up working, and which colleges produce the most of them. Most graduates end up in this field, so it is worth knowing what Natural Sciences Managers earn and how the role is projected to grow.

Statistics, calculus, and data analysis, math graduates are in high demand in finance, tech, insurance, and every field that runs on numbers. Four years after finishing the degree, graduates in this field earn a national median of $69,562, per College Scorecard. You can study it at 1,555 colleges and universities across the country, so location is rarely the limiting factor. About 49,970 students complete a degree in this area every year.


Median Earnings · 1yr
$51,236
Median Earnings · 4yr
$69,562
Colleges Offering
1,555
Graduates / Year
49,970
Specializations
5
Avg Net Price / yr
$17,958

Is a Mathematics Degree Right for You?

$69,562 Median earnings · 4yr
+8.2% 10yr job growth
5 Specializations

Is the Investment Worth It?

Breaks even in ~1.8 yrs vs $30K/yr baseline wage
Annual earnings
$69,562/yr
Total 4yr cost
$71,832

Strong ROI. At median 4-year earnings of $69,562 against an estimated $71,832 four-year net cost, most graduates break even against baseline wages in under two years.

ROI varies significantly by specialization and institution. A top program in a high-demand specialization can return many multiples of its cost. A lower-tier program in a saturated field may take a decade to break even. Use the Specializations and Best Colleges sections above to compare your specific options before deciding.

How Much Do Mathematics Majors Earn?

Pay for Mathematics graduates climbs fast in the first few years out. The median start is $51,236 one year after graduation, rising to $69,562 by year four, so the early salary is not the ceiling. Source: College Scorecard, across all 1,555 US institutions offering programs in this field.

$51,236
1 Year After Graduation

Median at the institutional level. Entry-level salaries; reflects career start, not peak earnings.

$69,562
4-Year National Median

Enrollment-weighted national median across all institutions. Most graduates have 2-3 years of career experience at this point.

$73,882
4-Year Institutional Median

Median of per-school medians. Each reporting college counts equally, regardless of size. Closer to what a typical school's graduates earn.


Earnings Range Across Specializations

Not all Mathematics specializations pay the same. The most lucrative programs pay $92,425/yr nationally, while the lowest-earning specializations average $69,562/yr. See the Specializations section below for a program-by-program breakdown.

$69,562 Lowest
$69,562 Median
$92,425 Highest

What Can You Do With a Mathematics Degree?

Career Paths for Mathematics Graduates

Studying Mathematics does not lock you into one job title. It opens 8 occupations tracked by the Bureau of Labor Statistics, from entry-level roles to senior ones, and Natural Sciences Managers pays the most among them at a median $167,220 a year. Each row below adds national wages, employment levels, and the 10-year growth outlook so you can weigh the rest.

Another common path leads to what Actuaries typically earn and how the field is trending.

Natural Sciences Managers Bachelor's degree
$167,220 ↗ +8.2% growth
Actuaries Bachelor's degree
$130,000 ↗ +9.2% growth
Economist Master's degree
$124,720 ↗ +4.7% growth
Data Scientist Bachelor's degree
$120,230 ↗ +34.6% growth
Financial Risk Specialists Bachelor's degree
$117,330 ↗ +7.4% growth
Statisticians Master's degree
$105,650 ↗ +11.0% growth
Financial Analyst Bachelor's degree
$102,740 ↗ +7.2% growth
Management Analyst Bachelor's degree
$101,860 ↗ +10.1% growth

Mathematics Specializations

Mathematics spans 5 specializations, and the choice among them will not swing your paycheck much: four-year earnings run from $69,562 to $92,425 across the whole group. Each row links to a full program profile with institution counts and annual completion data. Source: College Scorecard.

The highest-paying specialization is the cost and outcomes for a Statistics program, which is worth a closer look before settling on the broader field.

Specialization Colleges Grads/yr Earnings · 4yr
Statistics 281 9,944 $92,425
Applied Mathematics 417 11,635 $91,532
Mathematics 1,491 27,179 $69,562
Applied Statistics 31 541 —

Best Colleges for Mathematics

These are the 20 colleges that graduate the most students in Mathematics, ranked by how many completed the degree in the most recent reporting year, not by selectivity or prestige. Acceptance rate, net price, earnings, and graduation rate for each one come from College Scorecard and IPEDS.

By that measure, the list starts with the cost and admissions data for New York University.

1
New York University New York, NY · Nonprofit
Acceptance 9.2%
Net price/yr $37,050
Earnings 10yr $82,509
Grad rate 76%
2
University of California-Los Angeles Los Angeles, CA · Public
Acceptance 9%
Net price/yr $12,548
Earnings 10yr $82,511
Grad rate 82%
3
Acceptance 42.4%
Net price/yr $14,355
Earnings 10yr $81,054
Grad rate 82%
4
Acceptance 4%
Net price/yr $21,590
Earnings 10yr $102,491
Grad rate 79%
5
University of California-Santa Barbara Santa Barbara, CA · Public
Acceptance 33%
Net price/yr $16,109
Earnings 10yr $74,915
Grad rate 65%
6
Acceptance 11%
Net price/yr $13,481
Earnings 10yr $92,446
Grad rate 74%
7
Acceptance 26.7%
Net price/yr $12,470
Earnings 10yr $84,943
Grad rate 86%
8
Acceptance 39.2%
Net price/yr $14,091
Earnings 10yr $78,466
Grad rate 73%
9
Stony Brook University Stony Brook, NY · Public
Acceptance 49%
Net price/yr $18,784
Earnings 10yr $74,502
Grad rate 73%
10
Johns Hopkins University Baltimore, MD · Nonprofit
Acceptance 6.4%
Net price/yr $18,809
Earnings 10yr $87,555
Grad rate 87%
11
University of Chicago Chicago, IL · Nonprofit
Acceptance 4.5%
Net price/yr $14,860
Earnings 10yr $91,885
Grad rate 91%
12
University of Michigan-Ann Arbor Ann Arbor, MI · Public
Acceptance 15.6%
Net price/yr $13,138
Earnings 10yr $83,648
Grad rate 90%
13
University of Wisconsin-Madison Madison, WI · Public
Acceptance 45.2%
Net price/yr $17,354
Earnings 10yr $73,792
Grad rate 75%
14
Acceptance 41.8%
Net price/yr $14,741
Earnings 10yr $80,838
Grad rate 81%
15
Washington University in St Louis St. Louis, MO · Nonprofit
Acceptance 12.1%
Net price/yr $21,786
Earnings 10yr $86,182
Grad rate 91%
16
Acceptance 60.6%
Net price/yr $17,339
Earnings 10yr $60,409
Grad rate 66%
17
Carnegie Mellon University Pittsburgh, PA · Nonprofit
Acceptance 11.7%
Net price/yr $31,944
Earnings 10yr $114,862
Grad rate 84%
18
Acceptance 28.6%
Net price/yr $14,251
Earnings 10yr $80,735
Grad rate 75%
19
Acceptance 26.6%
Net price/yr $19,857
Earnings 10yr $75,121
Grad rate 81%
20
Purdue University-Main Campus West Lafayette, IN · Public
Acceptance 49.9%
Net price/yr $14,600
Earnings 10yr $72,424
Grad rate 77%

Ranked by number of Mathematics graduates per IPEDS completion data. Acceptance rate, net price, earnings, and graduation rate from College Scorecard. Read our methodology →

How Mathematics Compares to Similar Majors

Plan Your Path

Decide with data, not guesswork. These tools turn the numbers on this page into a personal plan. Estimate the real cost of a Mathematics degree, compare colleges side-by-side, weigh the long-term payoff, and find programs that match your profile.

Mathematics Degree: Pros & Cons

Mathematics is a mixed case: real strengths, offset by real trade-offs, and neither side is large enough to settle the decision on its own. All 4 points below are sourced from College Scorecard earnings, Bureau of Labor Statistics projections, and IPEDS graduate counts, with no editorial opinion added.

PROS
  • Above-average earnings Four-year median of $69,562 puts graduates ahead of many humanities and social science fields.
  • Growing field Top career paths show up to +34.6% projected 10-year growth per BLS, including Data Scientist.
  • Wide availability Offered at 1,555 colleges nationwide, including community colleges and online programs.
  • High-earning specializations available Top specializations report median earnings of $92,425, creating strong upside for students who choose a high-demand track.

Mathematics Degree: Frequently Asked Questions

How much do Mathematics graduates earn?
$69,562 a year four years after finishing the degree. That is the national median, so half of graduates earn more and half earn less, and specialization, institution, and region move the number a lot. Use the specializations table on this page to see which tracks pay above and below it. Source: College Scorecard.
What is the starting salary for a Mathematics degree?
About $51,236 in the first year out, at the institutional level. That is an early number, not a ceiling, and it moves with employer, location, and which specialization within Mathematics you picked. Source: College Scorecard.
What jobs can you get with a Mathematics degree?
More than one path, so the degree does not lock you into a single title. Natural Sciences Managers pays the most among related roles, at a median $167,220 a year nationally, but it is one option among several. See the Career Paths section on this page for the full list with employment levels and 10-year growth projections. Source: BLS.
How many colleges offer Mathematics?
1,555 colleges and universities in the United States, so location is rarely the limiting factor. Options run from community colleges offering associate degrees to research universities with doctoral programs, so the harder choice is which type of school fits, not whether one is nearby. The Best Colleges section on this page ranks the top institutions by graduation volume. Source: IPEDS.
Is a Mathematics degree worth it?
For most students, yes, though the margin depends on which specialization and school you pick. Median 4-year earnings run $69,562 against an average net price of roughly $17,958 a year across institutions that offer this major, and high-earning specializations widen that gap considerably. Compare your specific program before assuming the average applies to you.
How long does it take to earn a Mathematics degree?
Four years for a bachelor's degree in Mathematics at the normal full-time pace, or two years for an associate version at a community college. Part-time or online study stretches that timeline out, and transfer credits can shorten it.
What skills do employers look for in Mathematics graduates?
Employers hiring Mathematics graduates consistently prioritize analytical thinking, technical proficiency, data interpretation, and problem-solving. Strong foundational skills in math, science, or programming are expected, and employers often prioritize candidates with internship or research experience.
Is graduate school worth it for Mathematics graduates?
In STEM fields, a master's degree can accelerate advancement into research, leadership, or senior engineering roles and often adds $15,000–$40,000 to long-term earning potential, depending on specialization. The right answer depends on your career goals, program cost, and whether your target role explicitly requires or rewards an advanced credential.
What is the 10-year job outlook for Mathematics graduates?
Outlook is strong: related occupations project an average of +11.6% growth over the next decade. Data Scientist leads the group at +34.6%. Demand still swings by specialization, employer sector, and region, so treat this as a starting point rather than a guarantee. Source: BLS.

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