Mathematics for Commerce

Have you always been fascinated by the incredible importance of mathematics and mathematical concepts and models in today’s business and financial world? Do you want to turn your love of mathematics and your passion for business or entrepreneurship into an exciting career? Studying Mathematics for Commerce within the Department of Mathematics and Statistics will give you the tools necessary to do just that. By following one of this degree’s two stream options (Actuarial or Operations Research), you can hone in on what interests you most and prepare yourself for a great variety of careers following graduation.

Career Options in Mathematics for Commerce

Below is a sample list of some future choices to explore following studies in Mathematics for Commerce. This list is not exhaustive but it provides a solid idea of what fellow graduates have gone on to do and what potential careers a Mathematics for Commerce degree can offer. Some options are more directly associated with specific areas of Mathematics for Commerce than others.

Actuary
Blogger
Banking Software Engineer
Broker
Business Advisor
Commodities Trader
Corporate Strategist
Entrepreneur
Financial Advisor
Financial Analyst
Financial Crimes Investigator
Financial Mediator
Financial Policy Advisor
Financial Risk Analyst
Government Agency Worker
Hedge Fund Manager
Insurance Product Developer
International Security Analyst

Investment Fund Manager
Investment Banker
Investment Product Developer
Lawyer
Legal Aide
Magazine Contributor
Market Researcher
Media Correspondent
Non-Profit Organization Director
Operations Manager
Payroll Manager
Pension Fund Manager
Professor
Project Manager
Researcher
Statistician
System Operations Researcher
Trade Policy Analyst

Some of these career choices may require additional education or preparation in the form of graduate studies, experiential education or professional formative courses and exams. For a more in-depth description of some of the careers mentioned above visit Career Cruising (login information can be found on the home page of the Career Centre's online system) or the National Occupational Classification website.

Skills Developed through a Mathematics for Commerce Degree

A background in Mathematics for Commerce ensures that you develop the skills and mindset to tackle many different professional challenges. Here are just a few of the skills a Mathematics for Commerce degree can help you develop:

Core Mathematics for Commerce Skills

A strong understanding of mathematics and statistics and a general ease in applying their concepts and techniques.
An ability to think outside of the box and link mathematical theory to everyday problems faced by businesses, organizations, corporations and government entities.
Exposure to core commercial principles as well as business theory and the application of mathematics to business modeling.
Understanding of various facets and elements of business in order to facilitate finding what intrigues and interests you most.

Communication, Data Gathering and Organizational Skills

Deduction of information from various sources and the ability to concentrate on relevant resources
The ability to organize, understand and analyze sources of information and to apply novel forms of technology or new information to different professional settings and tasks
The capacity to critically analyze problems, think creatively and make sound decisions while considering different sides of an argument
The ability to explain complex ideas clearly to others and to apply complex theoretical concepts to everyday practice and professional dilemmas
The skills to collect various types of information, assess them, analyze and incorporate potential linkages from different fields, put them into writing and efficiently convey your message and the goal of your work

Management and Teamwork

The ability to interpret and analyze information presented by peers and efficiently and constructively support or challenge their proposals, theories, ideas and reports in order to achieve a project’s intended and successful end result
The capacity to lead and interact with a variety of people with different approaches and personal and professional backgrounds
The ability to debate, persuade, mediate and present your thoughts and opinions to others, as well as the capacity to recognize and incorporate other potential solutions or applications to given problems
The capability to identify priorities and proper courses of action, to plan the execution of tasks and to determine and delegate responsibilities to group members to most effectively carry out projects

Professional Associations and Organizations

Knowing the industry and how to excel in it after receiving a degree are key elements of future success. University study sets up the building blocks you will need to develop and enhance your understanding and knowledge in your career. Being part of a professional organization or network and gaining further insight through training are excellent ways of increasing your knowledge of the field. The following is a selection of organizations related to the field of Mathematics for Commerce that you may want to visit as you research career options for Mathematics for Commerce graduates.