Scope
The scope of both applied math and statistics is open-ended in application. There are all types of fields that rely on both professions.
However, one distinction is that statistics generally relies on data that’s recordable, while not all applied math veers into the yet-observed. Applied math can be used to model or simulate scenarios and designs that currently remain concepts.
Required Coursework
To pursue a major in applied math, students will enroll in courses such as:
- MATH 151 – Calculus I
- MATH 255 – Linear Algebra and Differential Equations
- MATH 280 – The Nature of Proof in Mathematics
- MATH 390 – Research Methods
- MATH 470 – Topology
While there are some differences in the coursework required for statistics and applied math degrees, those aspiring to work in either field will want to pursue educational opportunities that prepare them for their careers. Look for institutions with programs that include courses to help you learn more about foundational mathematical concepts, such as the applied mathematics program at North Central College.
Career Paths
When there’s significant overlap between coursework, you’ll likely find the career paths converge in tandem. That said, there are some noticeable differences between applied mathematics and statistics.
For starters, many students who traverse the applied mathematics route do so in order to further delve into the scientific realm. Applied math is an effective entry point into a graduate program focused on physics, engineering, or chemistry.
Alternatively, statistics majors find a home in any data-rich field. This could be computer science, finance, or even sports analysis.
Common areas of overlap between applied math and statistics include: data science, actuarial science, financial trading firms, and more.
Plan Your Career Paths and Your Future
Both a statistics major and an applied mathematics major can give you flexibility when embarking on a numbers-oriented career path.
Many of the skills you develop while working toward a statistics or applied mathematics degree are in high demand on the job market—skills like analytical thinking, pattern recognition, and strategic problem solving. Both majors can go on to pursue careers in advanced mathematics, but that’s not all. Science, business, economics, finance, insurance, and more are available to those who pursue either form of mathematics.
Curious to see where your studies could take you in your career and your life? Look for institutions that offer opportunities for you to explore and develop your understanding of mathematical concepts and skills, like North Central College.
Jacob Imm is the assistant director of communications in the North Central College Office of Marketing and Communications. He has 12 years of collegiate communications experience and has worked with hundreds of college students. He has a bachelor’s degree from the University of Notre Dame and a master’s degree from Northern Illinois University.
Sources:
Kaliyadan, Feroze & Kulkarni, Vinay. (2019). “Types of Variables, Descriptive Statistics, and Sample Size.” Indian Dermatology Online Journal, vol. 10, no. 1, pp. 82-86. National Library of Medicine. Retrieved November 15, 2022, from https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6362742/
National Center for Education Statistics. (n.d). “Applied Mathematics.” The Classification of Instructional Programs. National Center for Education Statistics. Retrieved November 15, 2022, from https://nces.ed.gov/ipeds/cipcode/cipdetail.aspx?y=55&cipid=88410