Teaching math can be fun, fulfilling, and rewarding, but what do you do once you decide to leave the classroom?
For some teachers, returning to the classroom isn’t an option. You may want to pursue a more creative or personal career path or move on from teaching altogether.
Whether you want to keep teaching or are hoping for an entirely different career path, it’s essential first to figure out what job will fulfill your needs and interests and match your skill set.
Whatever your reasons are, a teacher can do plenty of other jobs, especially if you are a former math teacher.
To help you with your search, here are the best-paying careers available to you after teaching math.
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12 Best-Paying Jobs for Former Math Teachers
Below outlined are the 12 best-paying jobs for former math teachers.
Cryptographer
A career in cryptology is very lucrative but requires expertise and experience.
A cryptographer attempts to defeat code breaking by creating codes that cannot be broken by anyone else.
Cryptographers are always in high demand because of their rare skill set.
The salary of cryptographers ranges from $70,000 to $120,000 per year.
Financial Analysis and Consulting
Financial analysis and consulting are excellent lines of work if you have strong math skills and enjoy analyzing data.
The salary range varies greatly depending on your industry but generally hovers between $50,000 to $150,000 per year.
Actuary
This profession deals with measuring and predicting risk in insurance and financial services.
A master’s degree is required, and entry-level salaries are higher than average.
The salary of an actuary varies widely based on location, experience, and industry.
According to PayScale, entry-level salaries range from $51,000 to $80,000 per year.
Risk Analyst
Although you might have to relocate and adjust to different workplace cultures, risk analysts generally have high salaries starting at around $80,000 per year. They can eventually earn more than $120,000.
Financial Services Consultant
Teachers are great with numbers and have extensive knowledge of tax codes, making them perfect candidates to work in financial services.
In fact, according to PayScale, some teachers earn over $100K within their first three years as an analyst.
Sales Manager
If you’re passionate about sales and have strong interpersonal skills, becoming a sales manager could be your next logical move.
You’ll plan and coordinate activities to meet sales targets. The salary range for sales managers is between $56,000 and $161,000.
Compensation and Benefits Manager
The Bureau of Labor Statistics reports that compensation and benefits managers earned an average annual salary of $117,817.
That’s significantly higher than most occupations and positions held by people with only a high school diploma or GED.
Physicist
An education in physics doesn’t have to translate into an illustrious career in research or teaching.
If you have experience working as a physicist, you might be surprised at how many alternative career opportunities are available.
The salary range of physicists with bachelor’s degrees is $43,000 to $72,000.
Those with master’s degrees earn anywhere from $48,000 to $88,000.
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Bookkeeper
A bookkeeper takes care of financial records by compiling, sorting, and reporting them.
Bookkeepers generally need at least two years of experience to handle daily recordkeeping tasks with minimal supervision.
The salary of a bookkeeper depends on their level of education and experience.
Personal Financial Advisor
If you’re on good terms with people in your community, you can become an investment advisor. The benefits of becoming a PFA are both monetary and social.
The salary range of personal financial advisors varies wildly, depending on your experience and expertise. It’s possible to earn anywhere from $40,000 to $150,000 per year as a PFA.
Meteorologist
According to Bureau of Labor Statistics data, Meteorologists and Weather Reporters are some of the highest-paid professionals in their field.
These professionals will receive an average of $74,240 per year in salary.
Statistician
With their understanding of equations, statistics, and data science, a former mathematics teacher may be able to succeed in becoming a statistician.
A statistician works with mathematical data and is responsible for analyzing information and turning it into useful knowledge.
The salary of a statistician depends on their level of experience and education. Most of them earn between $73500 and $119500 annually.
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Conclusion
Other than continuing their education, becoming self-employed, or tutoring privately, former math teachers have many options when deciding what to do with their careers.
It’s important to note that all these professions require at least some experience or training beyond simply having a degree.
Because of that, it’s wise to consider potential careers in which your skills are applicable and easy to acquire through on-the-job training.
