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Best Doctorates in Mathematics: Top PhD Programs, Career Paths, and Salaries

Given that only a small proportion of the general population holds a PhD in Mathematics, there aren’t many people pursuing doctoral studies in the math field. It requires a high level of intelligence and mathematical ability which a typical person doesn’t possess. It also requires a decent work ethic and the ability to commit five to seven years to research and study.

However, PhD in Mathematics salaries are high. If you’re interested in pursuing a PhD in Mathematics, check out our article to find the best mathematics PhDs and what mathematics jobs you can get. First, let’s find out what a PhD in Mathematics is.

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What is a phd in mathematics.

A PhD in Mathematics is a doctoral degree obtained by a graduate student in mathematics. This kind of mathematics graduate program allows students to develop their research capabilities in mathematics and its potential applications.

PhD in Mathematics can be a Doctor of Philosophy, Doctor of Science, or Doctor of Applied Mathematics degree. Students need to submit their PhD thesis in order to complete the math degree program they are pursuing. Math doctorate programs can take between three and six years to complete, depending on how much time is dedicated to the thesis and its required research.

How to Get Into a Mathematics PhD Program: Admission Requirements

The requirements to get into a mathematics PhD program typically include application fees, school transcripts, a professional resume, three letters of recommendation, and a statement of academic purpose. The admission process for most mathematical PhD programs is similar.

Some schools also require that students have mastered the material roughly equivalent to the undergraduate mathematics major, such as several semesters of calculus and experience with differential equations. Other doctoral math programs require applicants to submit essays or a minimum GPA score as entrance requirements.

PhD in Mathematics Admission Requirements

  • Professional CV or resume
  • Statement of academic purpose
  • Application fee
  • At least three recommendation letters
  • Undergraduate and graduate school transcripts

Mathematics PhD Acceptance Rates: How Hard Is It to Get Into a PhD Program in Mathematics?

It is extremely hard to get into a PhD program in Mathematics. For example, the Harvard PhD acceptance rate is 4.59 percent and the University of Wisconsin has a zero percent PhD acceptance rate over a five-year median. Doctoral studies in mathematics are rigorous and have a low acceptance rate, making it difficult to get into and obtain a Doctorate in Mathematics.

How to Get Into the Best Universities

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Best PhDs in Mathematics: In Brief

School Program Online Option
Columbia University Mathematics PhD No
Harvard University Mathematics PhD No
Massachusetts Institute of Technology Doctor of Philosophy or Doctor of Science Mathematics Degree No
Princeton University Applied and Computational Math PhD No
Rochester Institute of Technology Mathematical Modeling PhD No
Stanford University Mathematics PhD Program No
University of California, Berkeley PhD Program in Applied Mathematics No
University of Michigan – Ann Arbor Applied & Interdisciplinary Mathematics PhD No
University Of Wisconsin Mathematics, PhD No
Yale University PhD in Applied Mathematics No

Best Universities for Mathematics PhDs: Where to Get a PhD in Mathematics

The best universities for mathematics PhDs are Harvard University, Massachusetts Institute of Technology, Princeton University, Stanford University, University of California, Berkeley, and Yale University.

Other universities also have excellent PhD in Mathematics programs that we haven’t mentioned in our list, like Johns Hopkins University, Colorado State University, University of California, Los Angeles, and University of Chicago.

Columbia University is a private Ivy League research university founded in 1754 as King's College. It is among the top five national universities and is known as the oldest institution of higher education in New York. At Columbia University, students can find doctoral studies in biological sciences, astronomy, chemistry, economics, music, psychology, and religion.

Mathematics PhD

The PhD mathematics program is designed for full-time students interested in research and teaching at the university level. It is an intense course also meant for students that seek careers in quantitative research and development in business or government. It covers subjects like analysis and probability, Riemann surfaces, cumulative algebra, and modern geometry.

Mathematics PhD Overview

  • Program Length: 4 years
  • Acceptance Rate: 6%
  • Tuition and Fees: $25,248/semester
  • PhD Funding Opportunities: Department of Defense Funding, NIH Fellowship Parent Funding 

Mathematics PhD Admission Requirements

  • A completed online application form at the Online Application System
  • $120 application fee
  • Statement of purpose
  • A video essay (to be completed in the Online Application System)
  • A current resume or CV
  • Official transcripts from each university you attended
  • Two letters of reference

Harvard University was established in 1636 by the Puritan clergyman John Harvard. It is known as the oldest institution of higher learning in the US and as one of the most prestigious universities in the world. It offers many PhD programs in subjects such as anthropology, statistics, virology, physics, neuroscience, mathematics, immunology, and history of science.

This doctoral program is intended for students who aspire to be research mathematicians and have demonstrated a strong interest in this field. The math graduate courses cover topics like commutative algebra, advanced real analysis, differential geometry evolution dynamics, Riemann surfaces, and Hodge theory.

  • Program Length: 4-5 years
  • Acceptance Rate: 7%
  • Tuition and Fees: $50,928/first two years of study; $13,240/second two years of study
  • PhD Funding Opportunities: Hertz Foundation, National Defense Science and Engineering Graduate Fellowship Program, National Physical Science Consortium for Minorities and Women, National Science Foundation
  • Application
  • $105 application fee 
  • Transcripts
  • Letters of recommendation
  • Demonstration of English proficiency (for non-native speakers)

Massachusetts Institute of Technology (MIT) is a land-grant research university in Cambridge. Founded in 1861, MIT is best known for its programs in physical science and engineering. It offers a wide array of doctoral studies in aeronautics and astronautics, physics, political science, economics, chemical engineering, biology, brain, and cognitive sciences.

Doctor of Philosophy or Doctor of Science Mathematics Degree

In addition to choosing between a Doctor of Philosophy and a Doctor of Science program, students can choose to apply to the Pure or Applied Mathematics programs. Geometry, number theory, algebra, logic, statistics, topology, astrophysics, combinatorics, analysis, probability, numerical analysis, and theoretical physics, are covered in the Pure and Applied Mathematics curricula.

Doctor of Philosophy or Doctor of Science Mathematics Degree Overview

  • Acceptance Rate: N/A
  • Tuition and Fees: $27,755/term
  • PhD Funding Opportunities: Postdoctoral and Senior Research Awards, Faculty Early Career Development Program, Mathematical Sciences Postdoctoral Research Fellowships (MSPRF)

Doctor of Philosophy or Doctor of Science Mathematics Degree Admission Requirements

  • Fill out the online application
  • Transcripts including grades in math/science/engineering courses
  • At least three names and email addresses of recommendation letter writers
  • Educational and work history
  • Statement of objectives
  • Outside financial support and potential outside support
  • Credit/debit card payment of the $75 application fee
  • Self-reported grades
  • Arrange for submission of official transcripts and letters of recommendation

Princeton University is a private Ivy League research university that was founded in 1746. It is known as the fourth-oldest institution of higher education in the US. Princeton University has many PhD programs in subjects like philosophy, mechanical and aerospace engineering, electrical and computer engineering, and neuroscience.

Applied and Computational Math PhD

In this program, students gain a thorough understanding of areas of mathematics critical to scientific and engineering applications, such as numerical analysis and other computational approaches. In the first year, students choose three topics from six applied mathematics categories. At the end of the first year, students need to take a preliminary exam. 

Before the third year, students need to pass the general examination which culminates in a seminar on a research topic. The final requirement for this program is the doctoral dissertation which can be a mathematical contribution to one field of science or engineering.

Applied and Computational Math PhD Overview

  • Tuition and Fees : $58,790/year 
  • PhD Funding Opportunities: University, departmental, and program fellowships, research and teaching assistantships, external financial support

Applied and Computational Math PhD Admission Requirements

  • $75 application fee
  • Recommendation letters
  • Fall semester grades (for students currently enrolled in master’s degree programs)
  • English language tests (for international students)

Established in 1829, Rochester Institute of Technology is known for its excellent technology, engineering, and computing programs. It offers PhDs in Astrophysical Sciences and Technology, Biomedical and Chemical Engineering, Color Science, Imaging Science Sustainability, and many more disciplines.

Mathematical Modeling PhD

Students in this program plan their own trajectory based on required coursework, research, and their selected concentration. They can select from concentrations in the areas of applied inverse problems, biomedical, and discrete mathematics, among others. Some of the program’s courses cover subjects like numerical analysis and computing for mathematical modeling. 

Mathematical Modeling PhD Overview

  • Acceptance Rate: 74%
  • Tuition: $54,176/year 
  • PhD Funding Opportunities: Federal loans, Outside Scholarships, Yellow Ribbon Program, employment through co-ops, internships, or assistantships

Mathematical Modeling PhD Admission Requirements

  • Online graduate application
  • Copies of official transcripts of all previously completed undergraduate and graduate courses
  • Bachelor’s degree from an accredited university or college
  • Current resume/CV
  • Two letters of recommendation
  • Personal statement of educational objectives
  • TOEFL, IELTS, or PTE score (international students)
  • $65 application fee

Stanford University is well-known for its enterprising student population and high return on investment. Founded in 1885 by California senator Leland Stanford, Stanford University is consistently ranking in the top 10 national universities. Stanford offers many PhD programs in its Graduate School of Engineering, including programs in engineering, medicine, and education.

Mathematics PhD Program

Students in this PhD program take courses in algebraic topology, differential topology, differential geometry, algebraic geometry, theory of probability, real analysis, modern algebra, and mathematical methods of imaging. In the first year, the coursework prepares the students for the qualifying examinations which test them on their skills in algebra and real-world analysis. 

Students must have a dissertation advisor and seek candidacy in their second year. Students will take their Area Examination during their third year, which must be completed by the conclusion of the Winter Quarter. In the fourth and fifth years, students are expected to finish their dissertation research.

Mathematics PhD Program Overview

  • Acceptance Rate: 5.7%
  • Tuition and Fees: $56,487
  • PhD Funding Opportunities: Federal programs, university fellowships, research assistantships, teaching assistantships

Mathematics PhD Program Admission Requirements

  • Bachelor’s degree from a regionally accredited US college or university 
  • Unofficial transcripts/academic records
  • Names and contact information of those who can provide between three and six letters of recommendation
  • Online application
  • $125 application fee or fee waiver

University of California, Berkeley was founded in 1868. UC Berkeley is known for strict academic criteria for its undergraduate programs. The school has more than 130 academic departments and 80 multidisciplinary research areas. UC Berkeley is among the top universities in the world.

PhD Program in Applied Mathematics

The applied mathematics program requires doctoral students with previous graduate study in mathematics must demonstrate exceptional mathematical research skills. Students in this course can learn about linear algebra and differential equations, multivariable calculus, and discrete mathematics. There are also major electives like mathematical biology and statistics.

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PhD Program in Applied Mathematics Overview

  • Program Length: 5-6 years
  • Acceptance Rate: 18%
  • Tuition and Fees: $10,248.75/semester (resident); $17,799.75/semester (non-resident)
  • PhD Funding Opportunities : Berkeley Fellowships, Chancellor’s Fellowships, Cota-Robles Fellowships, Mentored Research Awards, UC Dissertation-Year Fellowships, Conference Travel Grants, Parent and Caregiver Grants

PhD Program in Applied Mathematics Admission Requirements

  • A bachelor’s degree or equivalent from an accredited institution
  • A minimum GPA of 3.0
  • Enough experience in your undergraduate program to complete the program
  • At least three letters of recommendation
  • $120 application fee (California residents); $140 application fee (all other applicants)

The University of Michigan - Ann Arbor is among the top 30 national universities. It was founded in 1817 in Ann Arbor. Some of the most popular majors from this university are business administration, experimental psychology, and economics. It also has good PhD level programs in education, electrical and computer engineering, and computer and information science.

Applied & Interdisciplinary Mathematics PhD

This PhD degree's purpose is to create graduates who are well-prepared to pursue successful careers in the mathematical sciences, whether in government or academia. Students in the applied and interdisciplinary mathematics course can learn about risk management and modeling of financial losses, mathematical theory of probability, and modern mathematics.

Applied & Interdisciplinary Mathematics PhD Overview

  • Program Length: 5-6 years 
  • Acceptance Rate: 26%
  • Tuition and Fees: $25,230.38 (in state); $50,646.38 (out of state)
  • PhD Funding Opportunities: Graduate Student Instructorship (GSI): Mathematics Graduate Student Instructor Teacher Training Program, and Graduate Student Research Assistantship (GSRA)

Applied & Interdisciplinary Mathematics PhD Admission Requirements

  • Three letters of recommendation
  • Personal Statement (500-word limit)
  • TOEFL or IELTS Exam (non-native English speakers)
  • Three semesters of calculus
  • One or two semesters of differential equation courses
  • One semester course in modern algebra, linear algebra, geometry or topology
  • Advanced calculus of one and several variables 
  • $75 application fee (US citizens); $90 application fee (international applicants)

Nelson Dewey, the first governor of Wisconsin, founded the University of Wisconsin in 1848. It has one of the best engineering and business majors. It also has several good graduate degrees from its Department of Mathematics like Doctor of Philosophy, Master of Arts – Foundations of Advanced Studies, and Master of Arts – Foundations for Research.

Mathematics, PhD

The University of Wisconsin’s Doctor of Philosophy program offers a foundation in fundamental and advanced graduate mathematics. Students in this PhD program can learn about linear algebra, abstract algebra, differential equations, knot theory, and real analysis.

Mathematics, PhD Overview

  • Program Length: 5 years
  • Acceptance Rate: 16%
  • Tuition and Fees: $12,176/year (in state); $25,504/year (out of state)
  • PhD Funding Opportunities: Graduate assistantships, fellowships, traineeships, student loans, student jobs, research and travel grants

Mathematics, PhD Admission Requirements

  • Application to the UW–Madison Graduate School
  • Master’s degree in mathematics or a related field
  • Official transcripts
  • Supplementary information form
  • Three academic letters of recommendation and one additional letter
  • Proof of English proficiency (for non-native speakers)
  • One-page statement of purpose

Yale University was founded in 1701 in New Haven, Connecticut. It is among the top 10 national universities and is known for its Ivy League reputation . Yale has many PhD programs like anthropology, applied physics, architecture, biomedical engineering, chemical, and environmental engineering. 

PhD in Applied Mathematics

The applied mathematics program entails the study and application of mathematics to issues prompted by a diverse set of application fields. Students study and apply mathematics concepts to questions driven by a variety of applicable fields.

It covers topics such as discrete algorithms, linear and nonlinear partial differential equations, statistical theory and applications, information theory, econometrics, and classical and modern applied harmonic analysis. This program also covers topics like financial statistics, financial mathematics, econometrics probability theory, and information theory. 

PhD in Applied Mathematics Overview

  • Acceptance Rate: 6.2%
  • Tuition and Fees: $45,700/year
  • PhD Funding Opportunities: Financial aid, university fellowships, dissertation fellowships, teaching fellowships

PhD in Applied Mathematics Admission Requirements

  • A list of all the prior colleges or universities you’ve attended 
  • Unofficial transcripts from each school
  • TOEFL scores (non-native English-speaking applicants)

Can You Get a PhD in Mathematics Online?

Yes, you can get a PhD in Mathematics online. However, there aren’t many online PhD math programs out there because of two reasons. The first reason is that there isn’t a big demand for PhDs in Mathematics, so online universities are not inclined to find ways to make those programs more accessible.

The second reason is that in traditional doctoral studies graduate students in mathematics are used as research and teaching assistants. Usually, math doctoral studies take place within a community in which PhD students are apprentices learning alongside instructors and one another.

Best Online PhD Programs in Mathematics

School Program Length
Atlantic International University Doctorate in Mathematics Custom pace
Edith Cowan University Mathematics PhD 4 years

How Long Does It Take to Get a PhD in Mathematics?

It takes about five years to get a PhD in Mathematics. Depending on the academic institution and the specifications of the program, it can take between three and six years. Some students prefer to have a master’s degree before entering a doctoral program in mathematics, but most programs do not require students to have more than a bachelor’s degree .

Some doctoral mathematics academic programs offer two degrees called dual degree programs. You can begin pursuing a Master’s Degree in Mathematics and begin earning credits for a PhD at the same time.

Is a PhD in Mathematics Hard?

Yes, a PhD in Mathematics is hard. Doctoral studies that require advanced knowledge of mathematics would be extremely difficult for most people. Whether you choose to pursue a PhD in Applied Mathematics or Pure Mathematics, you will encounter complex theoretical concepts.

How Much Does It Cost to Get a PhD in Mathematics?

On average, it costs $12,171 per year to get a PhD in Mathematics . This data is based on the National Center for Educational Statistics’s (NCES) report for the average costs of postgraduate studies at public institutions from 2018 to 2019. According to this data, it would cost a total of $48,684 for four years of studies. The cost to get a PhD in Mathematics has likely risen since 2019.

How to Pay for a PhD in Mathematics: PhD Funding Options

The PhD funding options that students can use to pay for a PhD in Mathematics include research fellowships, teaching assistantships, and tuition waivers. In the previous section, we mentioned the cost of doctoral degrees , but this number is with a deduction in the tuition.

These funding options enable students to lower the cost of tuition. For example, domestic students receive lower tuitions. Without funding options or deductions, a PhD can cost from $20,000 to $30,000 per year.

Best Online Master’s Degrees

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What Is the Difference Between a Mathematics Master’s Degree and PhD?

The difference between a Master’s Degree in Mathematics and a PhD is the career opportunities they provide graduates. People who pursue a PhD in Mathematics usually seek jobs in research and academia, while people who pursue master’s degrees are more interested in advancing their professional careers.

A PhD in Math is more research-intensive and focused on historical and current perspectives within the mathematics field. Master’s degrees are a bit broader. Master’s degrees can take up to three years to complete, while PhD can take up to six years. Math PhD students also teach and engage in departmental activities, while master’s students do not.

Master’s vs PhD in Mathematics Job Outlook

It is usually required for postsecondary teachers to have PhDs. According to the Bureau of Labor Statistics (BLS), these professionals have a job outlook of 12 percent , four percent higher than the average for all occupations.

Mathematics and statisticians are usually required to hold a master’s degree and they have a job outlook of 33 percent , nearly three times the average for all occupations. According to these numbers, the job outlook for Master’s Degrees in Mathematics is higher than for PhDs in Mathematics. However, these are just two examples of careers available to master’s and PhD holders.

Difference in Salary for Mathematics Master’s vs PhD

According to PayScale, mathematicians with a master’s degree earn $85,000 per year, and mathematicians with a PhD degree earn $110,000 a year. This is a difference of $25,000 per year for mathematics master’s vs PhD holders.

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Why You Should Get a PhD in Mathematics

You should get a PhD in Mathematics because it expands your academic career opportunities and salary options. With a PhD in Math, you can work for private businesses or government agencies. Many PhD grads work in engineering, medicine, and software development, where they apply the advanced mathematical knowledge they acquired from their doctoral programs.

Reasons for Getting a PhD in Mathematics

  • Specialized skills. A PhD in Mathematics equips you with highly valuable and marketable skills. Aside from subject-specific abilities, you can obtain several transferable skills that will be beneficial in practically any industry, such as exceptional numeracy, logical ability, holistic deduction, and reasoning skills.
  • Higher salary. A PhD is a terminal graduate degree, meaning it is the highest level of academic certification you can achieve in this field. So with a PhD you will gain the highest skills and knowledge in mathematics. High-level skills and knowledge often translate to a high salary.
  • Career opportunities. One of the best advantages math PhDs have is the option of following a variety of employment pathways. To some extent, all sciences are built on basic mathematical principles, so there are many career opportunities with a PhD in Mathematics. With this kind of degree, you can work in finance, academia, or IT.
  • Research opportunities. Doctoral Degrees in Mathematics cover theoretical mathematics which is one of the best areas for research and research methodology. During your doctoral studies in math, you will study and research with some of the smartest people in the world.

Getting a PhD in Mathematics: Mathematics PhD Coursework

a female PhD Student solving a mathematical test

Getting a PhD in Mathematics is not an easy task. Students need to learn different math courses, some of which require advanced knowledge of mathematics. There is some standard mathematics PhD coursework, like classes in mathematical analysis or mathematical logic. Find out more details on common mathematics PhD courses below.

Mathematical Analysis

These kinds of courses explain the principles of mathematical analysis, including differentiability, continuity, sequence and series convergence, the Riemann integral, function sequences, and series. Students can also learn real applications of real-world analysis, including the estimation of indeterminate integrals, Laurent series, WKB theory, Cauchy theorem, and residual theorem.

Differential Topology

Courses in differential topology are a part of the theory of differential forms and De Rham’s theory. Somer differential topology courses teach about multilinear algebra, Stokes’ theorem, and an introduction to cohomology. But, in most cases, these courses teach about winding numbers, vector fields, index, smooth maps, transversality, and differential manifolds.

Discrete Mathematics

Courses in discrete mathematics usually cover finite geometry, finite groups, finite topology, finite fields, fundamental algebraic topology, combinatorics, and graph theory. Students can learn about the symmetry group of the regular icosahedron because it is a reoccurring subject throughout the course.

Theory of Probability

Theory of probability courses introduce students to discrete and continuous random variables, independent random variables, conditional probability, distribution functions, Poisson distributions, Bayes theorem, and joint distribution. Students in this course will learn how to use math principles in the analysis of random phenomena.

Algebraic Geometry

In most cases, algebraic geometry courses teach students about complex algebraic varieties, cohomology, affine, and projective algebraic geometry. They also cover the fundamental concepts of complex analytic varieties, Bezout’s theorem, algebraic curves, and surfaces, the language of schemes, and properties of morphisms.

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How to Get a PhD in Mathematics: Doctoral Program Requirements

Some of the most common doctoral program requirements to get a PhD in Mathematics are coursework, qualifying exams, research, classroom teaching, and thesis defense. Some doctoral program requirements may vary, but there are a few common steps for most math programs. Keep reading to find out more.

PhD students must finish eight or nine-term courses at the graduate level, in most cases maintaining at least a C average grade. The time for completion of a PhD math coursework is four to five years.

The residency requirement can vary from university to university. For most math PhD candidates, the usual residency requirement is around three years. The whole point of residency is to continue the education and training of students in a specialized field of mathematics.

A committee of three faculty members administers the Qualifying Examination, which is an oral test. Each student selects three qualifying test subjects and discusses them with appropriate examiners. Subjects must be in separate, reasonably broad mathematical fields. 

Typically, the primary topic is decided in cooperation with the potential thesis advisor. After completing the qualifying test, students must choose a thesis advisor, who is usually the primary topic examiner.

In academic positions, teaching is important, especially in mathematical doctoral studies. Many people in math PhD programs aspire to academic positions, so teaching is one of the best ways to learn about the mathematics academic profession. It is an excellent way to learn public presentation skills by completing at least one semester of classroom teaching.

Writing and defending a thesis for a PhD in Mathematics is the culmination of this graduate program. Usually, a thesis is anticipated to contain original research of a high enough quality to be published in a high-level research journal. The defense is usually held in the classroom of the Institute and is presented to the Thesis Examination Committee.

Potential Careers With a Mathematics Degree

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PhD in Mathematics Salary and Job Outlook

People with a PhD in Mathematics earn above the average annual salaries and have careers with above the average job growth. For example, actuaries have a 24 percent job growth till 2030. According to the Bureau of Labor Statistics, the average job growth rate for all occupations is 7.7 percent .

Earning a mathematics PhD is difficult but you will graduate with a wide range of job opportunities. People with a PhD in Math earn between $82,360 to $108,660 per year. Overall, people with PhDs in Mathematics have a good salary and job outlook.

What Can You Do With a PhD in Mathematics?

With a PhD in Mathematics, you can work in education or IT and for private, corporate, or government corporations. You can work as a postdoctoral research associate, a math professor in postsecondary or higher education, a director of analytics, a research scientist, a principal software engineer, or an asset manager.

Best Jobs with a PhD in Mathematics

  • Data Scientist
  • Mathematicians and Statistician
  • Operations Research Analyst

What Is the Average Salary for a PhD in Mathematics?

The average salary for a PhD in Mathematics is $110,000 , according to PayScale. The salary range for doctorate-level degree mathematics jobs ranges from $48,690 to $167,040 per year. Lower-earning operations research analysts make an average of $48,690 , while top-earning data scientists earn $167,040 annually, according to the Bureau of Labor Statistics.

Highest-Paying Mathematics Jobs for PhD Grads

Mathematics PhD Jobs Average Salary
Data Scientist
Actuary
Economist
Mathematician or Statistician
Operations Research Analyst

Best Mathematics Jobs with a Doctorate

There are many jobs you can find with a math PhD. The skills you will gain are applicable to almost any field. Find out more about the best PhD in Mathematics jobs below.

Data scientists are specialists who know how to extract and interpret data. They know how to use models and algorithms to analyze massive data repositories. They use various strategies to determine the optimal methods for developing a data model for a business. Data scientist is one of the most in-demand and highest-paid jobs in 2022. 

  • Salary with a Mathematics PhD: $108,660
  • Job Outlook: 22% job growth from 2020 to 2030
  • Number of Jobs: 105,980
  • Highest-Paying States: Washington, California, Delaware, New York, New Jersey

Actuaries are more concerned with the financial implications of risk and uncertainty. Actuaries are financial analysts who analyze past and present financial data and forecast future risks. They assess risk using financial theory, statistics, and math and develop plans that reduce the cost of risk.

  • Salary with a Mathematics PhD: $105,900
  • Job Outlook: 24% job growth from 2020 to 2030
  • Number of Jobs: 27,700
  • Highest-Paying States: Georgia, New Hampshire, New York, Connecticut, Vermont

Some of the main responsibilities economists have are to predict the customer demand for the firm's products and the firm's product sales. They deal extensively with microeconomic issues while researching trends, collecting, evaluating, and analyzing data. Economists also investigate how to efficiently allocate resources like raw materials, labor, land, or machines.

  • Salary with a Mathematics PhD: $105,630
  • Job Outlook: 13% job growth from 2020 to 2030
  • Number of Jobs: 18,600
  • Highest-Paying States: New York, District of Columbia California, New Hampshire, Illinois

In most cases mathematicians and statisticians work in academia and government. Usually, both of the positions require the use of analyzing data or applying statistical and mathematical techniques that help solve problems. 

Statisticians are increasingly involved in statistics and research methodology. Mathematicians are more involved in researching mathematical models or abstractly measuring values and creating results. Mathematics and statistics are the best duos that understand the principles of probability.

  • Salary with a Mathematics PhD: $96,280
  • Job Outlook: 33% job growth from 2020 to 2030
  • Number of Jobs: 44,800
  • Highest-Paying States: District of Columbia, New York, New Jersey, Virginia, Maryland

Operations research analysts utilize mathematics and logic to assist businesses in making informed decisions and solving complex problems. They are high-level problem solvers that use sophisticated approaches such as mathematical modeling and statistical analysis to help companies operate more economically.

  • Salary with a Mathematics PhD: $82,360
  • Job Outlook: 25% job growth from 2020 to 2030
  • Number of Jobs: 104,100
  • Highest-Paying States: Virginia, Alabama, Maryland, Hawaii, New York

Is a PhD in Mathematics Worth It?

Yes, a PhD in Mathematics is worth it if you are interested in solving math problems and analytical thinking. You also have to be willing to commit to the long educational journey and research required to achieve this level of degree.

Exploring the mathematical fields is challenging and demanding but with time it provides excellent career opportunities. Math positions are respected and well-paid with positive job outlooks. Other than its academic difficulty, there aren’t many downsides when it comes to doctoral math degrees because you can go on to work in many fields.

Additional Reading About Mathematics

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PhD in Mathematics FAQ

Yes, a math PhD is useful because it will help you acquire some transferable skills that will be useful in virtually any industry. It is also useful for those interested in mathematics research or academia. If you wonder what you can do with a math degree , a PhD will equip you with many valuable skills.

Yes, a PhD in Mathematics is difficult to learn. It is difficult to be admitted to a doctoral program in mathematics, and it is also difficult and too abstract for most people to grasp advanced mathematical principles taught in PhD studies. Doctoral math studies are objectively difficult, even for those who are naturally strong at math and have excelled at it their whole life.

Mathematicians need several skills like active learning, complex problem-solving, critical thinking, and analytical skills. A good mathematician also needs information ordering and inductive and deductive reasoning abilities.

Mathematicians mainly explore mathematical principles or models and create their own mathematical theories and concepts. Most of the work they do is in the theoretical realm, that is why they mainly want to work in IT, social science, engineering, or financial fields.

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Colorado School of Mines Graduate School Insights

Should you get a graduate degree in mathematics?

Should you get a master’s or doctoral degree.

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A master’s in mathematics alone will qualify you to work in fields such actuarial science, computer science, and data science, all of which report high earnings and high job satisfaction . Master’s degrees also offer a lot of potential for degree specialization .

A doctoral degree qualifies you for all of the above, as well as working in academia, whether that’s teaching, research or a combination of the two.

Another thing to consider is how much time you’re willing to invest in getting your applied mathematics and statistics graduate degree . For reference, the doctoral program at Mines requires 72 credit hours (one class usually counts for three credit hours). If you’re taking on a recommended course load of 15 credit hours (five classes) each semester, then it’ll take a little over three years for you to get your doctorate. And this doesn’t take into account the time you’ll spend conducting research and writing your thesis.

The master’s program, on the other hand, requires 30 credit hours, or two years for a full-time student. Mines also offers a non-thesis option, which favors coursework over original research.

Many people working toward their master’s do so online and part time. A 2016 survey found that 31% of students enrolled in a master’s program were taking courses online .

Cost is another consideration for many seeking their master’s in mathematics. At Mines, the annual cost of attendance for 2021-2022 is $41,013 for Colorado residents, $62,325 for students from outside the state and $40,003 for online students.

What you’ll need to start a graduate program in mathematics

An undergraduate degree – You don’t specifically need an undergraduate degree in pure math to move on to a graduate program. People who get advanced degrees in math come from a variety of educational backgrounds, with one constant: a bachelor’s.

An above-average GPA – Mines’ program requires a GPA of 3.0 or better on a 4.0 scale.

Math research experience – If you have unique, mathematical research experience, it’ll help set you apart from other candidates . In fact, many programs outright require you to have some kind of research under your belt. The more the better, as there’s a strong chance your program will require you to publish before you can get your diploma. This is not as vital for non-thesis master’s programs.

A GRE score of 151 or higher – Graduate Record Examinations are tests you take prior to getting into grad school that determine your placement. Mines requires a 151 for its applied mathematics and statistics program , but each school is different. The absolute lowest we’ve seen is 145. Generally speaking, the higher the GRE score (especially for math programs) the better off you’ll be in grad school.

Time to devote to the program – Graduate programs require significant time commitments. That said, it is possible to get a graduate degree and work at the same time.

Letter(s) of recommendation – For many graduate programs you’ll need a solid letter of recommendation (or three) from faculty who know you well.

A statement of purpose – Almost every graduate program will require you to communicate to them why exactly you’re seeking a graduate degree in math, and why you’ve landed on their university.

Why a graduate degree in mathematics is worth the cost

People with master’s degrees in mathematics hold a variety of positions – and nearly all of them pay exceptionally well. This is also true for those who hold PhDs in mathematics. Mines’ master’s graduates report an average starting salary of $88,500. A master’s in mathematics alone puts you in the top 75% of earners.

Job prospects for math graduate students are good. Like, seriously good. Demand for graduates with advanced degrees in mathematics has shot up. By 2027, mathematics and statistics jobs are expected to increase by 33% by 2027 , according to the Bureau of Labor Statistics, and these are among the highest-paying jobs in STEM fields.

Graduate degree holders are equipped to work in any number of fields, but often find work in industries such as:

  • Actuarial Sciences
  • Health care
  • Cryptography

STEM graduates in general have enjoyed strong job prospects for years. STEM jobs are expected to grow 13% by 2027 , and with a graduate degree, your employability is even higher, as is your job satisfaction, making your degree even more robust. The U.S. Bureau of Labor Statistics projects employment of mathematicians and statisticians to grow 33 percent from 2019 to 2029, much faster than the average for all occupations —about 5,100 openings on average per year, the result of increased use of statistical analysis to make business, health care and policy decisions. Much of this grown will be among statisticians in research development, consulting and computer systems design.

Job Satisfaction

Those with advanced degrees in applied mathematics and statistics report some of the highest job satisfaction in the market. In fact, according to the Jobs Rated Almanac report for 2019 , jobs requiring more than a bachelor’s in mathematics have the highest satisfaction overall. Data scientist (which requires a master’s in math or higher) ranked number one, with statistician (also requires a master’s or higher) coming in second place. Mathematician ranked eighth, with actuary coming in 10th, both of which require a graduate degree.

Satisfaction is rated on a number of factors, including employability, environment, emotional factors, physical factors, salary and more. Math majors find quick work in office environments, usually with high pay and high career mobility (meaning there’s plenty of advancement opportunities).

Mines Grad Programs

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Is admission standard for math PhD significantly higher than that for physics PhD?

I'm a student at a small LAC, and I'm considering to apply to both math and physics PhD programs. In my school, which is top 15 but do not have large (20 students in each dep.) or well-known departments for either of these fields, students did significantly better on physics PhD admission than on math PhD admission. For math, many students go instead to master's, and only one or two students can make top 40~70 PhD program per year. For physics, some students went to Caltech, Columbia, UCSB, and other high ranked programs in the last year, which was just as usual. A similar phenomena seem to happen not only in my school. Mathgre.com and Physicsgre.com list applicant profiles and admission results for each PhD program, and they show a similar tendency. For example, students accepted to top pure math PhD programs are exclusively those who got nearly 4.0 GPA, took many grad-level courses, had a significant amount of research experience and come from an undergrad institution with a renowned PhD program. On the other hand, students accepted to top physics PhD programs have more diversity in GPA, their undergrad institution, number of grad-level courses taken and amount of research experience.

What causes this difference? Or is my view wrong? If this difference actually exists, I think the following factors are among the causes:

  • Physics PhDs are funded more, and therefore more students can be afforded.
  • Physics PhDs have both theoretical and applied subdivisions, while many applied math programs exist as master's programs.
  • Math PhDs demand its applicants to take a significant number of grad-level courses, while physics ones don't.

Also, how about the situation when it comes to pure math vs. hep-th in the U.S.?

  • mathematics

Community's user avatar

  • 7 Is your first sentence saying that your university 1) is a small liberal arts college, 2) is one of the top 15 universities in the country, and 3) does not have a strong mathematics or physics department? I don't think all three of these can be true simultaneously. –  Tom Church Commented Sep 23, 2015 at 2:46
  • 3 I mean it's one of the top 15 LACs in the country, so it's not an university, and the ranking excludes universities. Although it has strong departments in other natural science topics, our math and physics deps are not the ones. 2) and 3) can be simultaneously true only when 1) is also satisfied. –  Math.StackExchange Commented Sep 23, 2015 at 2:51
  • 15 I'm a physicist. I'm just speculating, but it seems likely to me that a physics grad student is seen as valuable cheap labor in an experimental research group, whereas a grad student is a burden in both math and theoretical physics. In an area like high-energy particle physics, a grad student is a cog in the wheel. No originality or independence of thought is required. If you're willing to pull cables and debug software, you're an asset. –  user1482 Commented Sep 23, 2015 at 23:35
  • Thanks for your comment. In the U.S. is the admission for experimental hep PhD usually separated from the admission for hep-th? I'm not familiar with the process in the U.S., but many PhD programs in the U.S. seem to have the same admission process for both experimental hep and hep-th. If they are not usually separated, do students officially select their "concentration" after entering to the program? –  Math.StackExchange Commented Sep 24, 2015 at 0:31
  • 2 @AranKomatsuzaki: Usually you apply to the department as a whole, but you state a likely area of research or whether you're leaning toward theory or experiment. If you say you want to do string theory, your application may be considered more skeptically than if you say you want to be an experimentalist. In the US, there is normally a lot of coursework at the beginning of a PhD program. That coursework is an opportunity for students to get a feel for whether they would be likely to succeed as theorists. –  user1482 Commented Sep 24, 2015 at 15:04

This is an attempt to gather some data supporting or refuting your hypothesis (or rather a slightly different one). Ideally, we would like a direct comparison of admission rates at top places, but I could only find limited data on admissions rates, so let me start elsewhere. At any rate, some of this data may be of interest.

The annual number of bachelor's degrees in physics is about 8000. From the AMS's annual survey , this number for math is about 28,000. This suggests there may be a lot more PhD program applicants for math. However, I don't have data separating out which math degrees are on a math ed track (or similarly for physics, though I guess the numbers are much greater for math ed), and these people are unlikely to pursue PhDs.

What about actual numbers of PhD students? I didn't see 1st year PhD numbers in physics for recent years but this slightly dated data puts it around 3000 new grad students in physics/astronomy (with about 93% aiming for PhDs), whereas the AMS annual survey has around 3600, and around 5000 if you include masters programs. (Stats and biostats is separate with around 2000, I guess including masters.) These statistics also say the number of physics versus math phd's awarded in recent years are pretty similar (about 1500-1600 for physics compared to 1400 for math). So there may be many more "potential" PhD applicants in math, but both math and physics students seem to compete for roughly the same number of slots in grad programs. (I don't know about how many of the PhD enrollments were domestic BS/BA holders, but we might guess the numbers are comparable as about 54% of enrollments were US citizens.)

So the above data tenuously supports your hypothesis. Can we check this with some actual admission rates?

For physics schools, this website has grad school admission rates. For top schools, the admissions rate seems to be around 10-15% (though Penn State seems to be an anomaly). Unfortunately, I don't know such a nice tool for math schools, but a few math departments mention their admission rates. Northwestern is around 17% (about the same as for their physics program, 16.4%). Notre Dame's is around 20% (a little lower than their 26% for physics).

These were all I could easily find and I'm afraid it's not enough to make any real conclusions, but I might speculate that top math phd programs are only somewhat more competitive than top physics ones if at all. (And in terms of undergrad research experience, I would guess that's more common in physics than in math.)

Edit: One qualitative issue for why you're seeing what you're seeing could be that top schools in math get lots of applications and if an admissions committee isn't familiar with a department, it doesn't know how to evaluate a transcript or the letters of recommendation from there, so it will tend to play it safe and accept students from places it's more familiar with. This is one reason why it's very helpful for students at small, relatively unknown schools to do programs like REUs (or a master's first) where a letter writer from there can compare you with a wide range of students. That said, I know many people who have gone straight from small, relatively unknown schools directly to top math PhD programs.

Kimball's user avatar

  • I really appreciate your effort to gather all these data. I'm surprised to see some of the facts you mentioned and from your link. 1) # of physics bachelor's is only 8k/y. This sounds like physics is one of a few least popular majors among the departments which exist in almost every colleges in the U.S. Maybe media is exaggerating difficulty of physics, and youngsters were discouraged. 2) Acceptance rate of physics programs are much higher than expected (I thought ~5% for top ones). While top math PhD programs enrollment are roughly 20/r, physics –  Math.StackExchange Commented Sep 24, 2015 at 4:08
  • PhD seems to have more capacity. 3) Some of lower ranked programs have pretty low acceptance rate. Penn state, while it's ranked high, is probably not for me. 4) This may be a well-known fact, but about a half PhD students in math and physics can't get PhD. The following list of universities attended by math PhD students at Harvard and UC Berkeley gave me an idea of how prestige of undergrad institution matters in admission for math PhD (because better education nurtured better students). reddit.com/r/math/comments/296e60/… –  Math.StackExchange Commented Sep 24, 2015 at 4:12
  • 6 That only 8,000 bachelor's degrees are awarded to physics students at American universities annually made my eyes pop out. I would have guessed a much larger figure. So a big +1 for presenting hard data. –  Pete L. Clark Commented Sep 24, 2015 at 5:01
  • 3 Another point to consider is that people that end up in physics departments come from a variety of backgrounds. I'm a physicist myself but we have plenty of chemists, materials scientists, IT guys and the odd mathematician in my department. I would guess it's mostly only mathematicians trying to make it to maths PhD programs. –  Miguel Commented Sep 24, 2015 at 6:24
  • 2 @AranKomatsuzaki Regarding your point 4), I'm guessing that most of the PhD students at top schools can get PhDs. At Caltech in math, almost everyone who started finished, and those who didn't were usually the ones who decided it wasn't for them during their 1st year, so I don't think that's as bleak as it seems. Also, see edit about undergrad institution. –  Kimball Commented Sep 24, 2015 at 12:29

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is math phd worth it

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This subreddit is for discussion of mathematics. All posts and comments should be directly related to mathematics, including topics related to the practice, profession and community of mathematics.

Masters vs. Phd (Applied math/stats) for Work in Industry. Comparison of the two

So I'm an undergraduate in my third year, my bachelors is in pure math. My plan so far has been to take advantage of a 3+2 Statistics masters program my school offers; I'd start taking all grad statistics courses next year. The degree is a professional one, and my plan is to find a job in statistics / data science after I graduate. However, I've been thinking recently that this may not be the optimal route.

My goal is to work in industry doing something that I find reasonably engaging and intellectually stimulating. Would it be better to do (or at least start) a Phd in statistics/ applied math/ Machine Learning to reach this goal? Do you think doing a Phd would allow me to do more interesting work once I finally leave academia? Would a masters confine me to more simplistic and boring work?

These thoughts have largely been spurred on by the work of Nathan Kutz, who is an applied mathematician at the University of Washington. He has a youtube channel, and his lectures really get me super excited about machine learning / data science/ applied math. I love the way he presents the material, it really makes me want to learn more and engage with it. Because of this, I feel like I could definitely enjoy doing a Phd in Applied math/stats.

I also have a teacher right now who I like who just finished her Phd in applied math (she does work at the intersection of Topological data analysis and Machine Learning, all in Python). She seems to really like me, and we have great conversations in office hours, and she also has sort of has encouraged me to think about doing a Phd.

This is a lot, but I would appreciate any thoughts, especially about masters vs. Phd in terms of the types of jobs one can do afterwards.

Here's my schools masters program: https://www.binghamton.edu/math/graduate/statistics/index.html

Guide to Graduate Studies

The PhD Program The Ph.D. program of the Harvard Department of Mathematics is designed to help motivated students develop their understanding and enjoyment of mathematics. Enjoyment and understanding of the subject, as well as enthusiasm in teaching it, are greater when one is actively thinking about mathematics in one’s own way. For this reason, a Ph.D. dissertation involving some original research is a fundamental part of the program. The stages in this program may be described as follows:

  • Acquiring a broad basic knowledge of mathematics on which to build a future mathematical culture and more detailed knowledge of a field of specialization.
  • Choosing a field of specialization within mathematics and obtaining enough knowledge of this specialized field to arrive at the point of current thinking.
  • Making a first original contribution to mathematics within this chosen special area.

Students are expected to take the initiative in pacing themselves through the Ph.D. program. In theory, a future research mathematician should be able to go through all three stages with the help of only a good library. In practice, many of the more subtle aspects of mathematics, such as a sense of taste or relative importance and feeling for a particular subject, are primarily communicated by personal contact. In addition, it is not at all trivial to find one’s way through the ever-burgeoning literature of mathematics, and one can go through the stages outlined above with much less lost motion if one has some access to a group of older and more experienced mathematicians who can guide one’s reading, supplement it with seminars and courses, and evaluate one’s first attempts at research. The presence of other graduate students of comparable ability and level of enthusiasm is also very helpful.

University Requirements

The University requires a minimum of two years of academic residence (16 half-courses) for the Ph.D. degree. On the other hand, five years in residence is the maximum usually allowed by the department. Most students complete the Ph.D. in four or five years. Please review the program requirements timeline .

There is no prescribed set of course requirements, but students are required to register and enroll in four courses each term to maintain full-time status with the Harvard Kenneth C. Griffin Graduate School of Arts and Sciences.

Qualifying Exam

The department gives the qualifying examination at the beginning of the fall and spring terms. The qualifying examination covers algebra, algebraic geometry, algebraic topology, complex analysis, differential geometry, and real analysis. Students are required to take the exam at the beginning of the first term. More details about the qualifying exams can be found here .

Students are expected to pass the qualifying exam before the end of their second year. After passing the qualifying exam students are expected to find a Ph.D. dissertation advisor.

Minor Thesis

The minor thesis is complementary to the qualifying exam. In the course of mathematical research, students will inevitably encounter areas in which they have gaps in knowledge. The minor thesis is an exercise in confronting those gaps to learn what is necessary to understand a specific area of math. Students choose a topic outside their area of expertise and, working independently, learns it well and produces a written exposition of the subject.

The topic is selected in consultation with a faculty member, other than the student’s Ph.D. dissertation advisor, chosen by the student. The topic should not be in the area of the student’s Ph.D. dissertation. For example, students working in number theory might do a minor thesis in analysis or geometry. At the end of three weeks time (four if teaching), students submit to the faculty member a written account of the subject and are prepared to answer questions on the topic.

The minor thesis must be completed before the start of the third year in residence.

Language Exam

Mathematics is an international subject in which the principal languages are English, French, German, and Russian. Almost all important work is published in one of these four languages. Accordingly, students are required to demonstrate the ability to read mathematics in French, German, or Russian by passing a two-hour, written language examination. Students are asked to translate one page of mathematics into English with the help of a dictionary. Students may request to substitute the Italian language exam if it is relevant to their area of mathematics. The language requirement should be fulfilled by the end of the second year. For more information on the graduate program requirements, a timeline can be viewed at here .

Non-native English speakers who have received a Bachelor’s degree in mathematics from an institution where classes are taught in a language other than English may request to waive the language requirement.

Upon completion of the language exam and eight upper-level math courses, students can apply for a continuing Master’s Degree.

Teaching Requirement

Most research mathematicians are also university teachers. In preparation for this role, all students are required to participate in the department’s teaching apprenticeship program and to complete two semesters of classroom teaching experience, usually as a teaching fellow. During the teaching apprenticeship, students are paired with a member of the department’s teaching staff. Students attend some of the advisor’s classes and then prepare (with help) and present their own class, which will be videotaped. Apprentices will receive feedback both from the advisor and from members of the class.

Teaching fellows are responsible for teaching calculus to a class of about 25 undergraduates. They meet with their class three hours a week. They have a course assistant (an advanced undergraduate) to grade homework and to take a weekly problem session. Usually, there are several classes following the same syllabus and with common exams. A course head (a member of the department teaching staff) coordinates the various classes following the same syllabus and is available to advise teaching fellows. Other teaching options are available: graduate course assistantships for advanced math courses and tutorials for advanced undergraduate math concentrators.

Final Stages

How students proceed through the second and third stages of the program varies considerably among individuals. While preparing for the qualifying examination or immediately after, students should begin taking more advanced courses to help with choosing a field of specialization. Unless prepared to work independently, students should choose a field that falls within the interests of a member of the faculty who is willing to serve as dissertation advisor. Members of the faculty vary in the way that they go about dissertation supervision; some faculty members expect more initiative and independence than others and some variation in how busy they are with current advisees. Students should consider their own advising needs as well as the faculty member’s field when choosing an advisor. Students must take the initiative to ask a professor if she or he will act as a dissertation advisor. Students having difficulty deciding under whom to work, may want to spend a term reading under the direction of two or more faculty members simultaneously. The sooner students choose an advisor, the sooner they can begin research. Students should have a provisional advisor by the second year.

It is important to keep in mind that there is no technique for teaching students to have ideas. All that faculty can do is to provide an ambiance in which one’s nascent abilities and insights can blossom. Ph.D. dissertations vary enormously in quality, from hard exercises to highly original advances. Many good research mathematicians begin very slowly, and their dissertations and first few papers could be of minor interest. The ideal attitude is: (1) a love of the subject for its own sake, accompanied by inquisitiveness about things which aren’t known; and (2) a somewhat fatalistic attitude concerning “creative ability” and recognition that hard work is, in the end, much more important.

is math phd worth it

  • Doing a PhD in Mathematics
  • Doing a PhD

What Does a PhD in Maths Involve?

Maths is a vast subject, both in breadth and in depth. As such, there’s a significant number of different areas you can research as a math student. These areas usually fall into one of three categories: pure mathematics, applied mathematics or statistics. Some examples of topics you can research are:

  • Number theory
  • Numerical analysis
  • String theory
  • Random matrix theory
  • Graph theory
  • Quantum mechanics
  • Statistical forecasting
  • Matroid theory
  • Control theory

Besides this, because maths focuses on addressing interdisciplinary real-world problems, you may work and collaborate with other STEM researchers. For example, your research topic may relate to:

  • Biomechanics and transport processes
  • Evidence-based medicine
  • Fluid dynamics
  • Financial mathematics
  • Machine learning
  • Theoretical and Computational Optimisation

What you do day-to-day will largely depend on your specific research topic. However, you’ll likely:

  • Continually read literature – This will be to help develop your knowledge and identify current gaps in the overall body of knowledge surrounding your research topic.
  • Undertake research specific to your topic – This can include defining ideas, proving theorems and identifying relationships between models.
  • Collect and analyse data – This could comprise developing computational models, running simulations and interpreting forecasts etc.
  • Liaise with others – This could take many forms. For example, you may work shoulder-to-shoulder with individuals from different disciplines supporting your research, e.g. Computer scientists for machine learning-based projects. Alternatively, you may need frequent input from those who supplied the data for your research, e.g. Financial institutions or biological research colleagues.
  • Attend a wide range of lectures, seminars and events.

Browse PhD Opportunities in Mathematics

Application of artificial intelligence to multiphysics problems in materials design, study of the human-vehicle interactions by a high-end dynamic driving simulator, physical layer algorithm design in 6g non-terrestrial communications, machine learning for autonomous robot exploration, detecting subtle but clinically significant cognitive change in an ageing population, how long does it take to get a phd in maths.

The average programme duration for a mathematics PhD in the UK is 3 to 4 years for a full-time studying. Although not all universities offer part-time maths PhD programmes, those that do have a typical programme duration of 5 to 7 years.

Again, although the exact arrangement will depend on the university, most maths doctorates will require you to first register for an MPhil . At the end of your first year, your supervisor will assess your progress to decide whether you should be registered for a PhD.

Additional Learning Modules

Best Universities for Maths PhD UK

Some Mathematics departments will require you to enrol on to taught modules as part of your programme. These are to help improve your knowledge and understanding of broader subjects within your field, for example, Fourier Analysis, Differential Geometry and Riemann Surfaces. Even if taught modules aren’t compulsory in several universities, your supervisor will still encourage you to attend them for your development.

Most UK universities will also have access to specialised mathematical training courses. The most common of these include Pure Mathematics courses hosted by Mathematics Access Grid Conferencing ( MAGIC ) and London Taught Course Centre ( LTCC ) and Statistics courses hosted by Academy for PhD Training in Statistics ( APTS ).

What Are the Typical Entry Requirements for A PhD in Maths?

In the UK, the typical entry requirements for a Maths PhD is an upper second-class (2:1) Master’s degree (or international equivalent) in Mathematics or Statistics [1] .

However, there is some variation on this. From writing, the lowest entry requirement is an upper second-class (2:1) Bachelor’s degree in any math-related subject. The highest entry requirement is a first-class (1st) honours Master’s degree in a Mathematics or Statistics degree only.

1st Class Honours Master’s degree. Degree must be in Mathematics or Statistics. 2:1 Master’s degree in Mathematics, Statistics or a closely related subject. 2:1 Bachelor’s degree in Mathematics, Statistics or a closely related subject.

It’s worth noting if you’re applying to a position which comes with funding provided directly by the Department, the entry requirements will usually be on the higher side because of their competitiveness.

In terms of English Language requirements, most mathematics departments require at least an overall IELTS (International English Language Testing System) score of 6.5, with no less than 6.0 in each individual subtest.

Tips to Consider when Making Your Application

When applying to any mathematics PhD, you’ll be expected to have a good understanding of both your subject field and the specific research topic you are applying to. To help show this, it’s advisable that you demonstrate recent engagement in your research topic. This could be by describing the significance of a research paper you recently read and outlining which parts interested you the most, and why. Additionally, you can discuss a recent mathematics event you attended and suggest ways in how what you learnt might apply to your research topic.

As with most STEM PhDs, most maths PhD professors prefer you to discuss your application with them directly before putting in a formal application. The benefits of this is two folds. First, you’ll get more information on what their department has to offer. Second, the supervisor can better discover your interest in the project and gauge whether you’d be a suitable candidate. Therefore, we encourage you to contact potential supervisors for positions you’re interested in before making any formal applications.

How Much Does a Maths PhD Typically Cost?

The typical tuition fee for a PhD in Maths in the UK is £4,407 per year for UK/EU students and £20,230 per year for international students. This, alongside the range in tuition fees you can expect, is summarised below:

UK/EU Full-Time £4,407 £4,327 – £8,589
UK/EU Part-Time £2,204 £2,164 – £4,295
International Full-Time £20,230 £15,950 – £24,531
International Part-Time £10,115 £7,975 – £12,266

Note: The above tuition fees are based on 12 UK Universities [1]  for 2020/21 Mathematic PhD positions. The typical fee has been taken as the median value.

In addition to the above, it’s not unheard of for research students to be charged a bench fee. In case you’re unfamiliar with a bench fee, it’s an annual fee additional to your tuition, which covers the cost of specialist equipment or resources associated with your research. This can include the upkeep of supercomputers you may use, training in specialist analysis software, or travelling to conferences. The exact fee will depend on your specific research topic; however, it should be minimal for most mathematic projects.

What Specific Funding Opportunities Are There for A PhD in Mathematics?

Alongside the usual funding opportunities available to all PhD Research students such as doctoral loans, departmental scholarships, there are a few other sources of funding available to math PhD students. Examples of these include:

You can find more information on these funding sources here: DiscoverPhDs funding guide .

What Specific Skills Do You Gain from Doing a PhD in Mathematics?

A doctorate in Mathematics not only demonstrates your commitment to continuous learning, but it also provides you with highly marketable skills. Besides subject-specific skills, you’ll also gain many transferable skills which will prove useful in almost all industries. A sample of these skills is listed below.

  • Logical ability to consider and analyse complex issues,
  • Commitment and persistence towards reaching research goals,
  • Outstanding verbal and written skills,
  • Strong attention to detail,
  • The ability to liaise with others from unique disciple backgrounds and work as part of a team
  • Holistic deduction and reasoning skills,
  • Forming and explaining mathematical and logical solutions to a wide range of real-world problems,
  • Exceptional numeracy skills.

What Jobs Can You Get with A Maths PhD?

Jobs for Maths PhDs - PhD in Mathematics Salary

One of the greatest benefits maths PostDocs will have is the ability to pursue a wide range of career paths. This is because all sciences are built on core principles which, to varying extents, are supported by the core principles of mathematics. As a result, it’s not uncommon to ask students what path they intend to follow after completing their degree and receive entirely different answers. Although not extensive by any means, the most common career paths Math PostDocs take are listed below:

  • Academia – Many individuals teach undergraduate students at the university they studied at or ones they gained ties to during their research. This path is usually the preferred among students who want to continue focusing on mathematical theories and concepts as part of their career.
  • Postdoctoral Researcher – Others continue researching with their University or with an independent organisation. This can be a popular path because of the opportunities it provides in collaborative working, supervising others, undertaking research and attending conferences etc.
  • Finance – Because of their deepened analytical skills, it’s no surprise that many PostDocs choose a career in finance. This involves working for some of the most significant players in the financial district in prime locations including London, Frankfurt and Hong Kong. Specific job titles can include Actuarial, Investment Analyst or Risk Modeller.
  • Computer Programming – Some students whose research involves computational mathematics launch their career as a computer programmer. Due to their background, they’ll typically work on specialised projects which require high levels of understanding on the problem at hand. For example, they may work with physicists and biomedical engineers to develop a software package that supports their more complex research.
  • Data Analyst – Those who enjoy number crunching and developing complex models often go into data analytics. This can involve various niches such as forecasting or optimisation, across various fields such as marketing and weather.

What Are Some of The Typical Employers Who Hire Maths PostDocs?

As mentioned above, there’s a high demand for skilled mathematicians and statisticians across a broad range of sectors. Some typical employers are:

  • Education – All UK and international universities
  • Governments – STFC and Department for Transport
  • Healthcare & Pharmaceuticals – NHS, GSK, Pfizer
  • Finance & Banking – e.g. Barclays Capital, PwC and J. P. Morgan
  • Computing – IBM, Microsoft and Facebook
  • Engineering – Boeing, Shell and Dyson

The above is only a small selection of employers. In reality, mathematic PostDocs can work in almost any industry, assuming the role is numerical-based or data-driven.

Math PhD Employer Logos

How Much Can You Earn with A PhD in Maths?

As a mathematics PhD PostDoc, your earning potential will mostly depend on your chosen career path. Due to the wide range of options, it’s impossible to provide an arbitrary value for the typical salary you can expect.

However, if you pursue one of the below paths or enter their respective industry, you can roughly expect to earn [3] :

Academic Lecturer

  • Approximately £30,000 – £35,000 starting salary
  • Approximately £40,000 with a few years experience
  • Approximately £45,000 – £55,000 with 10 years experience
  • Approximately £60,000 and over with significant experience and a leadership role. Certain academic positions can earn over £80,000 depending on the management duties.

Actuary or Finance

  • Approximately £35,000 starting salary
  • Approximately £45,000 – £55,000 with a few years experience
  • Approximately £70,000 and over with 10 years experience
  • Approximately £180,000 and above with significant experience and a leadership role.

Aerospace or Mechanical Engineering

  • Approximately £28,000 starting salary
  • Approximately £35,000 – £40,000 with a few years experience
  • Approximately £60,000 and over with 10 years experience

Data Analyst

  • Approximately £45,000 – £50,000 with a few years experience
  • Approximately £90,000 and above with significant experience and a leadership role.

Again, we stress that the above are indicative values only. Actual salaries will depend on the specific organisation and position and responsibilities of the individual.

Facts and Statistics About Maths PhD Holders

The below chart provides useful insight into the destination of Math PostDocs after completing their PhD. The most popular career paths from other of highest to lowest is education, information and communication, finance and scientific research, manufacturing and government.

Percentage of Math PostDocs entering an industry upon graduating

Note: The above chart is based on ‘UK Higher Education Leavers’ data [2] between 2012/13 and 2016/17 and contains a data size of 200 PostDocs. The data was obtained from the Higher Education Statistics Agency ( HESA ).

Which Noteworthy People Hold a PhD in Maths?

Alan turing.

Alan_Turing

Alan Turing was a British Mathematician, WW2 code-breaker and arguably the father of computer science. Alongside his lengthy list of achievements, Turning achieved a PhD in Mathematics at Princeton University, New Jersey. His thesis titled ‘Systems of Logic Based on Ordinals’ focused on the concepts of ordinal logic and relative computing; you can read it online here . To this day, Turning pioneering works continues to play a fundamental role in shaping the development of artificial intelligence (AI).

Ruth Lawrence

is math phd worth it

Ruth Lawrence is a famous British–Israeli Mathematician well known within the academic community. Lawrence earned her PhD in Mathematics from Oxford University at the young age of 17! Her work focused on algebraic topology and knot theory; you can read her interesting collection of research papers here . Among her many contributions to Maths, her most notable include the representation of the braid groups, more formally known as Lawrence–Krammer representations.

Emmy Noether

is math phd worth it

Emmy Noether was a German mathematician who received her PhD from the University of Erlangen, Germany. Her research has significantly contributed to both abstract algebra and theoretical physics. Additionally, she proved a groundbreaking theorem important to Albert Einstein’s general theory of relativity. In doing so, her theorem, Noether’s theorem , is regarded as one of the most influential developments in physics.

Other Useful Resources

Institute of Mathematics and its Applications (IMA) – IMA is the UK’s professional body for mathematicians. It contains a wide range of useful information, from the benefits of further education in Maths to details on grants and upcoming events.

Maths Careers – Math Careers is a site associated with IMA that provides a wide range of advice to mathematicians of all ages. It has a section dedicated to undergraduates and graduates and contains a handful of information about progressing into research.

Resources for Graduate Students – Produced by Dr Mak Tomford, this webpage contains an extensive collection of detailed advice for Mathematic PhD students. Although the site uses US terminology in places, don’t let that put you off as this resource will prove incredibly helpful in both applying to and undertaking your PhD.

Student Interviews – Still wondering whether a PhD is for you? If so, our collection of PhD interviews would be a great place to get an insider perspective. We’ve interviewed a wide range of PhD students across the UK to find out what doing a PhD is like, how it’s helped them and what advice they have for other prospective students who may be thinking of applying to one. You can read our insightful collection of interviews here .

[1] Universities used to determine the typical (median) and range of entry requirements and tuition fees for 2020/21 Mathematics PhD positions.

  • http://www.lse.ac.uk/study-at-lse/Graduate/Degree-programmes-2020/MPhilPhD-Mathematics
  • https://www.ox.ac.uk/admissions/graduate/courses/dphil-mathematics?wssl=1
  • https://www.graduate.study.cam.ac.uk/courses/directory/mapmpdpms
  • https://www.ucl.ac.uk/prospective-students/graduate/research-degrees/mathematics-mphil-phd
  • http://www.bristol.ac.uk/study/postgraduate/2020/sci/phd-mathematics/
  • https://www.surrey.ac.uk/postgraduate/mathematics-phd
  • https://www.maths.ed.ac.uk/school-of-mathematics/studying-here/pgr/phd-application
  • https://www.lancaster.ac.uk/study/postgraduate/postgraduate-courses/mathematics-phd/
  • https://www.sussex.ac.uk/study/phd/degrees/mathematics-phd
  • https://www.manchester.ac.uk/study/postgraduate-research/programmes/list/05325/phd-pure-mathematics/
  • https://warwick.ac.uk/study/postgraduate/research/courses-2020/mathematicsphd/
  • https://www.exeter.ac.uk/pg-research/degrees/mathematics/

[2] Higher Education Leavers Statistics: UK, 2016/17 – Outcomes by subject studied – https://www.hesa.ac.uk/news/28-06-2018/sfr250-higher-education-leaver-statistics-subjects

[3] Typical salaries have been extracted from a combination of the below resources. It should be noted that although every effort has been made to keep the reported salaries as relevant to Math PostDocs as possible (i.e. filtering for positions which specify a PhD qualification as one of their requirements/preferences), small inaccuracies may exist due to data availability.

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COMMENTS

  1. Is a PhD in mathematics worth it? : r/math - Reddit

    Pure math is basically only useful for academic jobs. Now, let's look at the pros and cons of getting a PhD in applied math. Source, I'm getting a PhD in an applied math area. Pros: Wide range of career paths. Basically, a PhD givens you the training needed to develop new models and algorithms that can be used in various applications, vs simply ...

  2. Why pursue a PhD in pure Mathematics? - Academia Stack Exchange

    The major work one produces when doing a PhD in math is finding some new truths, proving some theorems, and refining some interesting new ideas. Suppose you do not think these will be satisfying for you or you are generally have different priorities than being "intrinsically satisfied" by your work.

  3. career path - Is a math degree really useless financially ...

    No, a math degree is not useless financially. It will not bring you riches by itself, but you can get your foot in the door in a lot of different areas with a math degree. Generally speaking, the value of a degree is to get your foot in the door.

  4. A PhD in math worth it or not?? : r/learnmath - Reddit

    If you want to be a math professor, then yes, a PhD is worth it. If you want to teach high school math, go into actuarial science, become a data scientist, etc. then it may not always be as beneficial/necessary.

  5. Best PhDs in Mathematics - Career Karma

    Is a PhD in Mathematics Worth It? Yes, a PhD in Mathematics is worth it if you are interested in solving math problems and analytical thinking. You also have to be willing to commit to the long educational journey and research required to achieve this level of degree.

  6. Should you get a graduate degree in mathematics?

    Should you get a graduate degree in mathematics? A master’s or PhD in mathematics is a significant undertaking, but the rewards can be worth it. Companies are increasingly relying on highly educated graduates to fill important skill gaps in sectors such as IT, insurance, finance and more.

  7. mathematics - Is admission standard for math PhD ...

    Math PhDs demand its applicants to take a significant number of grad-level courses, while physics ones don't. Also, how about the situation when it comes to pure math vs. hep-th in the U.S.? phd. mathematics. physics. Share. Improve this question. edited Dec 21, 2021 at 15:53. Community Bot. 1. asked Sep 22, 2015 at 23:09. Math.StackExchange.

  8. Masters vs. Phd (Applied math/stats) for Work in Industry ...

    The consensus seems to be that you should only do a PhD if you love math--that is, if the five or six years of being paid to do math would be worth it to you in and of itself, regardless of its implications for the job market afterward.

  9. Guide To Graduate Study | Harvard Mathematics Department

    Guide to Graduate Studies. The PhD Program. The Ph.D. program of the Harvard Department of Mathematics is designed to help motivated students develop their understanding and enjoyment of mathematics.

  10. PhD in Mathematics - Everything You Need To Know - DiscoverPhDs

    Everything you need to know about a PhD in Mathematics - from average tuition fees and programme durations to career prospects and specific application tips.