statistics to assess risk in insurance, finance and other industries. Financial Engineering is multidisciplinary in that it draws from applied mathematics (financial mathematics), computer science, statistics, and economic theory.[vii]

### Mathematics Ph.D. Programs

PhD in Mathematics Programs may focus on either pure mathematics or applied mathematics or may have components of both. Pure mathematics focuses on arithmetic, algebra, geometry and analysis.[viii] Applied mathematics is a branch of mathematics and deals with mathematical methods that are utilized in science, engineering, business, computer science, and industry. Applied mathematics refers in these cases to professional specialty.[ix]

### Statistics & Data Analytics Ph.D. Programs

PhD in Statistics & Data Analytics programs may focus on mathematical variances of collecting, analyzing, interpreting, presenting and organizing data; mathematical statistics is the application of mathematics to statistics (e.g. probability)[x].

## PhD in Mathematics and Statistics Program Options: Online or On Campus

Deciding on a doctorate program involves different aspects; the program itself and the learning delivery that aligns with your lifestyle. One is not necessarily better than the other; choosing between an online or on-campus program is likely part personal, and part availability of options.

Certainly, if you prefer in-person learning or live really close to your graduate school, an onsite program may be preferred. You can initiate a search on GradSchools.com to find graduate programs by city, state or country. On the other hand, if you are a busy working professional or live geographically too far from graduate school, you may decide an online math or statistics Ph.D. is the best option.

Some of the sponsored listings you can explore may include: Ph.D. in Pharmacology, Doctor of Computer Science – Big Data Analytics (Executive Format), Ph.D. in Statistics, Ph.D. in Mathematics. When you find a program that interests you, use the easy navigation to request more info or visit the school’s website.

*FACT: Job titles for mathematicians include Computational Scientist, Director of Quantitative Research, Lead Simulation Modeling Engineer, and Research Scientist (O'Net)***[xi]**

## Accreditation

There are two types of accreditation: program and institution. Program accrediting agencies vary depending on subject; ABET is the accrediting agency for programs in applied science, computing, engineering, and engineering technology and are recognized as an accreditor by the Council for Higher Education Accreditation.[xii] The CHEA has a database listing accredited programs and institutions.[xiii]

## Take the Next Step

Whether you are seeking a new career such as teaching math at the university level, or interested in potentially taking on a more advanced or senior position in your current job setting, a PhD in Mathematics and Statistics program may be what takes you to that next step. The Bureau of Labor Statistics projects an extremely positive employment outlook for mathematical science and statistician occupations from 2014 to 2024[xiv], so now might be a really favorable time to consider a doctoral degree.

sources:[i] bls.gov/ooh/math/statisticians.htm |[ii] en.wikipedia.org/wiki/Mathematics |[iii] bls.gov/ooh/math/statisticians.htm |[iv] onetonline.org/link/summary/15-2041.00 |[v] onetonline.org/link/summary/15-2021.00 |[vi] en.wikipedia.org/wiki/Actuarial_science |[vii] en.wikipedia.org/wiki/Financial_engineering |[viii] en.wikipedia.org/wiki/Mathematics |[ix] en.wikipedia.org/wiki/Applied_mathematics[x] en.wikipedia.org/wiki/Statistics |[xi] onetonline.org/link/summary/15-2021.0[xii] abet.org/accreditation/ |[xiii] chea.org/public_info/index.asp |[xiv] bls.gov/ooh/math/statisticians.htm