Explore Your Options

Analysis: Math and Statistics

The fields of mathematics and statistics focus on the collection of information and application of math techniques to solve problems in science, health research, economics, business, engineering, and market research. Statistics aims to organize, interpret, and summarize numerical data in order to provide usable information. The field of mathematics develops models of phenomena, conducts research, and disseminates research.

Learn About the Field

Career exploration is all about research. Use the following information to learn if a career in analysis, math, and statistics is for you.

Latest News in the Field

Keep informed about what’s happening in this field by reading what the professionals read. Visit the following sites regularly!

Economist Forum 
Wall Street Journal Economics
Wall Street Journal The Numbers Guy

Meet People

Now that you've done a little research about the analysis, math, and statistics field, it's time to start meeting with industry professionals. It's an easy way to learn more about what your future career path might look like. It's also a great way to network with people who may know about internship or full-time job opportunities.

Networking Resources

IUB Alumni LinkedIn – You can connect with over 186,000 IUB alumni from various programs after you create a LinkedIn profile. Search for alumni based on location, company, industry, and what they studied. To learn more about how to set-up your profile and use this tool, visit these resources.

IU Alumni Directory—Request an account and use it to search for IU Alumni who have graduated from our analysis, math, and statistics programs. You can see where they’re working now and email them directly from the site. Contact a dozen people to start with and see where you end up. You may need to contact more in order to get some helpful responses.

Informational Interviewing Guide—Once you know who you’re interested in talking with, use this guide to request and conduct an informational interview.

Social Media Networking

Use social media to network with professionals and their organizations. LinkedIn, a professional networking site, is a great way to connect. Here are a few organizations that have a strong social presence.

  • Advanced Business Analytics, Data Mining and Predictive Modeling: LinkedIn
  • Math, Math Education, Math Culture: LinkedIn
  • The Math Connection: LinkedIn
Join a Professional Association

National professional associations are valuable sources for a variety of career information. You can learn about certification requirements, job leads, internships, educational opportunities, and more. Many associations offer discounted membership rates for students.

Get Experience
Build Your Skills

Having career-relevant work experience on your resume will give you a big head start when it comes time to land your post-grad dream job. Now that you’ve researched your career options, take advantage of the opportunities below to build the skills you need to be competitive. Remember: employers also like to see plenty of leadership experience listed.

Join Student Organizations

There are more than 700 student organizations at IU—which means there are more than 700 ways you can get some really impressive leadership experience. Below are some groups specific to analysis, math, and statistics. Check out BeINvolved to learn about even more student organizations through IU Student Life and Learning.

Get a Part Time Job

Use myJobs to learn about part- and full-time job opportunities. Here are career-relevant jobs that students have participated in.

*Jobs with asterisks are within walking distance from campus.

Volunteer Opportunities

Put your talents to good use and build experience along the way! Off-campus volunteer opportunities exist around every corner. Below are some volunteer opportunities within about an hour’s drive of Bloomington.

Find a job or internship

You've done your research, created a network, and beefed up your resume. Now it's time to hit the job market. The list below shows some organizations that often recruit IU graduates from analysis, math, and statistics majors. This list also shows some organizations where recent analysis, math, and statistics graduates have gone to work. Remember that an education in these majors can prepare you for a number of careers.

Job Search Sites

These sites post jobs that relate directly to analysis, statistics, and math. Remember to use these sites in addition to your network of people to maximize your chance of finding good opportunities. Many of the professional associations listed in the Meet People tab will post industry-specific jobs. Look for a page titled “careers,“ “jobs,“ “employment,“ or “opportunities.“

Keywords for Job Searches

As you use the web to search for more opportunities, get creative with the search terms you use. Try the list below to maximize your results.

  • Math
  • Statistics/Statistical
  • Analysis/Analytical
  • Strategic Planning
  • Data Patterns and Relationships
  • Operations Research
  • Quantitative Analysis
  • Consulting
  • Quantitative/Financial Engineering
  • Risk Management
  • Equity Research/Sales/Trading
  • Derivatives/Futures/FX & Structured Transactions
  • Corporate/Structured Finance
  • Portfolio Management
Organization & Company Research Resources

When you’re preparing for a job interview, it pays to do your research. Use the resources here to learn about an organization’s history, business, and culture. Once you have a good understanding of what the company’s about, formulate a list of questions to ask during your interview. This will show your interviewer that you’re genuinely interested in the job and give you a deeper understanding of what to expect if you’re hired.

Common Interview Questions

Interviews can vary from one industry to another. Remember, interviewers are trying to assess your experience and your fit for a specific position, so depending on the position, your questions will vary greatly. This is a small sample of questions designed to help you understand the kind of field-specific questions you might be asked. 

  • How would you deal with a client who told you he or she wanted a project finished in two months instead of the three-month estimate you already agreed upon?
  • What was the most difficult math or statistics course that you took and what did you learn?
  • Give me an example of a time when you used your fact-finding skills/analytical skills to gain information needed to solve a problem. How did you analyze the information and come to a decision?
  • What specific experience do you feel has best prepared you for a career in mathematics?
  • What qualities do you have that make you an effective researcher?
Insider Tips
  • When developing a resume:
    • Don’t include coursework, an objective statement, memberships, or interests
    • Include your GPA
    • Show exam progress/certifications
    • Painstakingly proofread your resume for typos, misspellings, and grammatical errors
  • Learn the tools of the trade, including SAS, SPSS, R, and SQL.
  • Look at professional curriculums and speak with experienced professionals in your field or the organization you’re interested in. Knowing which statistics to look at and which ones to ignore is one of the most important secrets that only seasoned analytics professionals will be able to share.
  • Follow analytics blogs, threads, and companies to keep abreast of the latest happenings in analytics.
  • Be thoughtful about the nature of work you seek out. Typically, startups are more likely to hire people based on attitude/aptitude rather than experience and make a good target for internships. Experience in predictive modeling or data mining using SAS could be the difference between a career in reporting and ad hoc requests versus predictive modeling.