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Businesses The Almighty Buck

High Paying Jobs in Math and Science? 383

Posted by Cliff
from the they-gotta-be-somewhere dept.
An anonymous reader asks: "Where are the high paying jobs for those who are good in math and science? I've heard about math and science shortages for almost two decades now, and I was wondering what high salary/high demand jobs have resulted from these shortages. Most science majors I know actually make less than teachers (in Texas teachers make $38-40K to start for nine months of work). In terms of money, what career would you pursue coming out of college right now with a math or science degree?"
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High Paying Jobs in Math and Science?

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  • by Anonymous Coward on Wednesday May 23, 2007 @11:32AM (#19239197)
    Best paid job for those good with science and math is hedge fund manager. Top earners make $2,000,000,000 or more annually. As a bonus, you don't have to pay regular income tax on your pay. Good luck in your new career!

    http://en.wikipedia.org/wiki/D._E._Shaw_&_Co [wikipedia.org].
  • by Organic Brain Damage (863655) on Wednesday May 23, 2007 @02:57PM (#19243495)
    ...has a master's degree in Science!

    Investment banking is not about math. It's about Andover, Exeter, Princeton, Harvard, Yale, yachting, golfing, playing squash and knowing which years were good in Graves vs. Medoc. It's a salesman's game. Same with law. If you want to be one of the rich lawyers, you must be a salesman. The lawyers who are not salesmen do not make partner and see the 7-figure annual distribution checks.

    If you enjoy math for the sake of doing math, you're going to want to look into physics, cosmology, astronomy etc...and you're going to be looking at PhD to get employment. There's only so many jobs in these fields and there are more PhD's than jobs, so why hire anyone without a PhD? Don't go there unless you really love math and you're more talented than 90% of the math majors.

    If you want to work in science, you've got chemistry which is revived as nano-this and nano-that, biology which is really genetics or molecular biology for big pharma, and you've got computer science, robotics, and the various engineering disciplines. If you want to get somewhere with a BS, you'll probably do better in engineering and CS.

    If you like talking to people, solving puzzles, or cutting meat, go to medical school.

    If you want to really make money, start a business. No college required. Just a good idea, ability to sell, ability to execute, courage and persistence. The good idea is the easiest part.

    My brother majored in mathematics at a top school. He minored in philosophy. He had a 3.75 GPA. After getting his BA, he could have gone the teacher route, the professor route or into defense contracting. Instead, he chose to work in housekeeping at the lodge on the north rim of the Grand Canyon. 15 years later, he manages a $15 million unit of a billion dollar business with a couple of hundred employees reporting to him. The most direct route isn't always the most rewarding.

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