Mathematics What Next? Mathematics at UCC Mathematics is rooted in the systematic development of methods to solve practical problems involving strict logical deduction with conclusions that follow with certainty and confidence from clear starting points. What can Mathematics Graduates offer employers? Generalisation and abstraction are A graduate of mathematics should have developed the ability to: important features of this science · Demonstrate knowledge of key mathematical concepts and topics. whose methods have a wide range of application. Mathematics · Abstract the essentials of problems and formulate them mathematically, and in symbolic form, so as to facilitate their analysis and solution. is fundamental to almost all · Present mathematical arguments and conclusions from them with accuracy and clarity. situations requiring an analytical, model-building approach, such as · Formulate complex problems of optimisation and interpret the solutions in original contexts of the problems. those encountered as surveying, · Work with patience and persistence, pursuing problem solutions to their conclusion. mechanical construction, engineering, commerce or finance. · Transfer knowledge to assess novel problems logically and approach them analytically. · Apply concepts and principles in loosely-defined contexts, showing effective judgement in selecting and applying appropriate tools and techniques. · Display adaptability through a readiness to address new problems from new areas. · Demonstrate highly developed numeracy and IT skills. Mathematics What Next? First destinations of Mathematics Graduates Each year, UCC Career Services produce a First Destination Report (FDR) based on an annual survey of graduates six months after graduation. The following information presents the five year trend for graduates of Mathematics within the BSc Mathematical Sciences (Single Honours), and the three year trend for graduates of the BA Mathematics (Major). Course 2009 2010 2011 BSc Mathmatical Sciences, Single Hons In Employment 12.5% 60% 33% In Further Study or Training 75% 40% 33% BA Mathmatics (Major) In Employment 24% 11% 33% In Further Study or Training 69% 79% 57% Other respondents were either seeking employment or unavailable for work or study. Who Employs Mathematics Graduates? Graduates who progressed directly to employment have taken up a wide variety of roles. The following table provides a sample of roles listed on FDR reports by graduates of Mathematics. Role Employer BSc Mathematics Financial Software Censor Fund Accountant Computer Game Programmer Software Engineer Customer Service Agent Murat Advanced Technology Dublin Bank of New York Mellon Stainless Games Digisoft Abtran BA Mathematics Trainee Accountant Administrator Teacher Adviser Money Advice Substitute Teacher De Loughrey and O’Gorman TSB Broker Services Basildon Budgeting Service (MABS) - Money Advice Dept. of Education What Postgraduate Courses do Mathematics Graduates Choose? Of those who progressed directly to postgraduate study, some chose courses that relate directly to the study of mathematics. Others chose courses that ‘convert’ their degree to a new area that will make good use of their existing knowledge and skills. The following list provides a sample of the postgraduate courses that are listed by mathematics graduates on FDRs returned to the UCC Career Services. BA graduates of mathematics have pursued: BSc graduates of mathematics have pursued: PGDip Maths Teaching PGDip Education HDip Statistics MSc Financial Economics MBS Management and Marketing MBS E-Business MSc Finance MA Journalism HDip Accounting and Corporate Finance MSc Mathematical Modelling and Scientific Computing PGDip Applied Mathematics, Abroad MSc Cognitive Science, UCD MEng (Civil), UCC PhD Bioinformatics, UCD PhD Modelling Biological Complexity, Abroad MSc Race Car Aerodynamics, Abroad BSc Mathematical Sciences Single Honours MSc Mathematical Modelling and Scientific Computing Zurich, IT Consultant BA (Joint Honours) Mathematics Economics MSc Financial Economics KBC Bank, Portfolio Analyst Mathematics What Next? Graduate career paths 3-5 years after graduation Long term prospects for Mathematics Graduates Graduates of mathematics fare well in the graduate job market. They tend to have a wide range of career options as they can access roles requiring a high level of numeracy, which are not accessible to all graduates. Many maths graduates are not aware of the various employment opportunities available to them. Computing is one area that many mathematics graduates may choose to enter due to the suitability of their degree, the growth of the ICT sector in Ireland and the proliferation of EU-funded postgraduate conversion courses such as the MSc Mathematical Modelling and Scientific Computing in UCC. Finance: Employers in areas such as banking and insurance are attracted to maths graduates because of their numeracy. Teacher Training: There is a shortage of qualified maths teachers in Ireland and considerable financial incentives in existence to encourage graduates of mathematics to train as teachers in the UK. The following sectors employ graduates with mathematical skills: Accountancy Aerospace & Defence Automotive Business support services Chemical Construction Consultancies Engineering Environment Financial Services Food & Drink Government Healthcare Insurance IT & Computing Manufacturing Metals & Minerals Pharmaceuticals Science Telecoms Transport/Travel Utilities Teaching Statistics Did you know? There are also “quant” roles in the finance industry typically reserved for graduates of a PhD in mathematics, physics or computing. These involve the application of mathematical and computing methods of analysis to financial problems. “Quants” develop algorithms to predict what the financial markets will do but also work in statistical arbitrage, and electronic market making. They work for hedge funds and banks, and work as hedge fund managers, derivatives traders and risk managers. Where can I find out more? Irish Mathematical Society www.maths.tcd.ie/pub/ims/index.php Chartered Accountants Ireland www.charteredaccountants.ie/ Chartered Institute of Management Accountancy (CIMA), Ireland www.cimaglobal.com/Our-locations/Ireland/ Association of Chartered Certified Accountants (ACCA), Ireland http://ireland.accaglobal.com/ Irish Taxation Institute http://www.taxireland.ie Insurance Institute of Ireland http://www.iii.ie/ Association of Compliance Officers, Ireland http://www.acoi.ie/ Maths Careers www.mathscareers.org.uk/ European Mathematical Society (Jobs) www.euro-math-soc.eu/jobs.html American Mathematical Society – Careers Information www.ams.org/careers/ MathJobs.com - Worldwide List www.math-jobs.com/ Finance Jobs, Ireland www.financejobs.ie/ Accountancy Jobs, Ireland www.accountantjobs.ie/ eFinancial Careers UK (Student Centres) http://news.efinancialcareers.com/uk-en/students/ Enterprise Ireland – Jobs in Indigenous IT http://bestconnected.enterprise-ireland.com/itshappeninghere/ Silicon Republic (IT career news and jobs) www.siliconrepublic.com/jobs/ 8 ways to put your degree to work Employers want graduates with a healthy balance between study, work and extracurricular interests. A three-dimensional CV is evidence of maturity, life skills and active citizenship, indicating that you will be a sociable, committed and reliable colleague. You can boost your job prospects greatly by taking the following steps throughout your degree years: · · · · · Get involved in the Students’ Union or a club/society that interests you. Gain relevant paid/voluntary work experience during holidays. Sign up for training courses that will strengthen your skillset, e.g. languages, ECDL. Set up a LinkedIn profile and start building your network. Go to UCC Career Services for careers advice and assistance with regard to CVs and interview preparation, job search strategies, and postgraduate options. · Attend careers events organised on campus and advertised on www.ucc.ie/careers · Use careers events to initiate relationships with potential employers. · Check job vacancies regularly on www.ucc.ie/careers and www.gradireland.com Did you know? You can study mathematics in UCC as an Arts subject as part of the BA; or as a Science subject through the BSc in Mathematical Science (Single/Joint Honours). While this resource provides you with an overview of the career options available with your degree, each person carves their own career path based on their personal values and interests. Your college years are an ideal time to explore career options while gaining new experience and learning new skills. Why not speak to a careers adviser to help you get started? As a student of UCC, you are entitled to book a free personal consultation with a careers adviser at UCC Career Services. You can return as many times as needed because we understand that it makes sense to begin planning your career from first year onwards – don’t wait until final year! We look forward to meeting you, no matter what your year of study. For your convenience, we now have a web-based booking system. Book your appointment online via our website – www.ucc.ie/careers - in the Meet an Advisor section.
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