When you’re at school there are some lessons you love, and some that you detest. A lot of people can’t wait for PE so they can get out of the classroom and have a run-around, while others may look forward to the days when they can experiment with blowing things up in Chemistry class. Math, however, is one of those lessons that goes either way – you either really enjoy complex equations, or you hate them and you’d rather be doing ANYTHING else.
There are a variety of careers that require all types of math from theoretical math to applied math to simple arithmetic. The finance industry generally requires “applied math” rather than more complex theoretical math or even Calculus. The major exceptions would be Actuaries, Economists, and Statisticians which might require higher levels of math.
Actuaries
Actuaries analyze the financial costs of risk and uncertainty. They use mathematics, statistics, and financial theory to assess the risk that an event will occur and to help businesses (generally insurance companies) develop policies that minimize the cost of that risk. The employment of actuaries in the insurance industry is expected to grow by [Read more…] about A Head for Figures: Working in the Financial Industry