Another viable career path, especially with the often overwhelming expense of university education, is apprenticeships. But these are not as well understood by people who went through the university route themselves.
The Guardian has helpfully compiled a summary of the best paid apprenticeships in 2017, and summarised the key requirements. Not surprisingly, being a capable mathematician is a distinct advantage!
To find out more, read the full article:
Just in case we weren’t already convinced, another survey has come out providing evidence that doing well in maths at GCSE level is an indicator of future success in terms of career and earnings. This is from the Institute for Fiscal Studies, and has much to say about the financial impact of different education paths. For my purpose today, however, the relevant quote is the paragraph from The Guardian article:
“Seven years after graduation, men with A*s in GCSE maths were earning £48,000 on average, while those with As were on £39,000 – but graduates who failed to gain a C were earning less than £26,000. For women, those with A*s averaged more than £40,000, with £33,000 for As.”
Leaving aside the gender gap issues (we need to do more to encourage our young girls to access STEM subjects and then help them to get rewarded fairly for their achievements), it is clear that success in maths pays off further down the road.
If you would like to read the original article from The Guardian, you can find it here:
Yet again, it is important to note the emphasis on mathematical, and scientific skills for the top ten best paid jobs in the UK.
If you want to give yourself, or your children, the best chance for financial success, sound maths skills are essential.
A blog post from the Harvard Business Review reflects on just why maths jobs are so much fun……
The top 5 best jobs as outlined in this Wall Street Journal article, are all maths related.
See original article here
Looking through this list, it becomes apparent very quickly that the highest paid members of society have to be numerate.
1. Head of a major organisation
There is a great deal of statistical analysis required here for producing and understanding reports. Basic numeracy skills are needed to consider budgets, priorities, staff costs, rates, etc. A degree in Economics would be a common stepping stone to this job, which contains a great deal of maths work.
2. Medical Practictioner
Very strong maths qualifications are required to gain a place on the courses that lead to these jobs e.g. a degree in Medicine. There is also a great deal of mathematical work on these courses.
3. Senior National Government Official
Similar to the head of an organisation, there is a great deal of business management knowledge required here – Economics degrees are common.
4. Airline Pilot
To gain entry into pilot Training Programmes, candidates need to pass an exam which demonstrates strong maths skills.
5. Dental Practitioner
Similar to a degree in Medicine, a degree in Dentistry requires strong maths skills.
At the other end of the scale, the worst paid jobs were also detailed:
A recent study connects numeracy skills to economic success. This won’t surprise many people, but it is important to spread this message, if only to counter the “cool” vibe that sometimes exists around being weak at maths.