Editor LauraWith the rise in demand for data-driven decision making, it’s no surprise that accounting and maths literacy careers are in high demand.
Accounting And Maths Literacy Careers
Accountants and mathematicians are integral parts of any business, as they help organisations make sense of financial data so they can see where they stand financially. If you’re interested in a career in accounting or maths, here are some jobs that might be right for you:
1. Accountant
Accountants are professionals who specialize in the financial aspects of a business. They maintain and interpret financial data, create reports and forecasts, and advise clients on how best to proceed with investments or business decisions.
They must be able to work independently as well as part of a team; they must also have excellent communication skills, since an accountant’s findings can be used by non-financial staff members to make important decisions about their work environment or product development process.
2. Actuary
An actuary is a statistician and mathematician who uses their skills to assess risk, uncertainty, and models of financial systems. Actuaries work in the insurance industry and other sectors where they can apply their knowledge to help their employer make better decisions.
They use data to build models of future events, such as deaths or accidents and then predict what the costs could be if certain policies are put in place. For example, an actuary might analyse how many people there are in the UK with heart disease that requires surgery and how many years they have left before they need surgery again.
By looking at this data, actuaries can estimate how much it would cost for companies to insure these people against another heart attack occurring within a certain period of time after recovering from surgery – if any policy was put in place at all!
3. Economist
An economist is a person who studies how people, businesses and governments make choices in the economy.
Economists work in central banks, government departments, universities and research organisations. They can also find employment in financial services companies.
There are many different types of economist – macroeconomists look at the overall performance of an economy; microeconomists focus on individual sectors or industries (for example energy economists).
4. Finance Manager
As a finance manager, you would be responsible for the financial planning and control of an organisation. You would also be tasked with compiling financial statements and reports.
You may also be responsible for managing budgets, preparing budgets and forecasting the future of an organisation.
5. Statistician
Statisticians are needed in many sectors of the economy, including business, finance and marketing. They use their mathematical expertise to help companies predict future trends and improve decision-making processes.
To be a statistician you will need to possess good numeracy skills as well as proficiency in computer programming languages such as Python or R. You should also have some knowledge of statistical software packages such as SPSS or SAS.
6. Maths and accounting are in demand
As you will have seen from the above, there are many different career options available to you if you choose to study maths and accounting. The demand for these skills is growing, and there are excellent job prospects in both sectors.
The skills learnt in these subjects are transferable and can be used in other areas of work, so it’s a good idea to gain as much experience as possible when studying them. These jobs also tend to pay well compared to some other professions that don’t require such highly-skilled workers.
Closing
It’s clear that there are many rewarding careers available in the field of accounting and maths. So, if you have a passion for numbers and like working with people, why not consider exploring one of these career paths?