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Phd In Mathematics Jobs in Illinois (NOW HIRING)

Sonsoft Inc

Data Scientist (No H1B)

Chicago, IL · On-site

... PhD in Mathematics, statistics, Physics, Computer Sciences or Engineering, or related field Experience with open source packages for modeling (e.g., Torch, Tensorflow, scikit-learn, xgboost ...

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Phd In Mathematics information

What is a PhD in Mathematics?

A PhD in Mathematics is the highest academic degree in the field of mathematics, typically awarded after several years of original research and advanced coursework. The program involves the completion of a dissertation that contributes new knowledge to mathematical theory or application. Graduates are prepared for careers in academia, research, industry, and government, where they can apply their expertise to solve complex problems or teach at a university level.

Is a PhD in mathematics worth it?

A PhD in mathematics prepares individuals for careers in academia, research, data analysis, and quantitative roles, often requiring strong problem-solving and analytical skills. While it can lead to high-level positions, it typically involves several years of study and may have limited direct industry applications compared to other degrees, making its value dependent on career goals.

What is the salary of a PhD in mathematics?

The salary of a PhD in mathematics varies depending on the industry, experience, and location. Typically, mathematicians with a PhD working in academia, research, or industry can expect salaries ranging from $70,000 to over $120,000 annually. Higher salaries are common in private sector roles such as data science, finance, or technology companies that require advanced quantitative skills.

What types of collaborative opportunities are available for someone with a PhD in Mathematics within academic or industry settings?

Individuals with a PhD in Mathematics often collaborate with professionals from various disciplines, such as computer science, engineering, economics, or biology, depending on their area of expertise. In academia, this may involve joint research projects, interdisciplinary teaching, or grant applications with faculty from other departments. In industry, mathematicians frequently work on teams with data scientists, engineers, or analysts to solve complex problems, optimize processes, or develop new technologies. These collaborations not only broaden the impact of mathematical research but also provide valuable professional networking and learning opportunities.

Are math PhDs in demand?

Math PhDs are in demand in fields such as academia, data science, finance, and technology, where advanced analytical and problem-solving skills are valued. They often find opportunities in research, consulting, and roles requiring quantitative expertise, with employment prospects improving as data-driven decision-making grows across industries.

What is the difference between Phd In Mathematics vs Data Scientist?

AspectPhd In MathematicsData Scientist
Required CredentialsDoctorate in Mathematics or related fieldBachelor's or Master's in Math, Statistics, CS, or related field; PhD preferred
Work EnvironmentAcademic, research institutions, or R&D departmentsCorporate, tech companies, finance, healthcare
Industry UsageResearch, academia, governmentBusiness analytics, machine learning, data analysis
Common Search IntentAcademic careers, research rolesData analysis, machine learning roles

While a Phd in Mathematics focuses on advanced research and theoretical work, a Data Scientist applies mathematical and statistical skills to analyze data and solve business problems. Both roles require strong quantitative skills, but Data Scientists often work in industry settings with a focus on practical data applications.

What are the key skills and qualifications needed to thrive as a PhD in Mathematics, and why are they important?

To thrive as a PhD in Mathematics, you need advanced mathematical reasoning, problem-solving abilities, and a deep understanding of mathematical theory, usually supported by a strong academic background and research experience. Familiarity with mathematical software (such as MATLAB, Mathematica, or Python for computational work) and experience with academic publishing are commonly required. Strong analytical thinking, perseverance, and effective communication skills help you excel in research, teaching, and collaboration. These skills are crucial for pushing the boundaries of mathematical knowledge and successfully sharing insights with both academic and broader audiences.
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What job categories do people searching Phd In Mathematics jobs in Illinois look for? The top searched job categories for Phd In Mathematics jobs in Illinois are:
What cities in Illinois are hiring for Phd In Mathematics jobs? Cities in Illinois with the most Phd In Mathematics job openings:
Phd In Mathematics jobs near you
Infographic showing various Phd In Mathematics job openings in Illinois as of August 2026, with employment types broken down into 73% Full Time, 24% Part Time, and 3% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution.

Senior Quantitative Researcher, Buy-Side, PhD Preferred

Next Step Systems

Chicago, IL • On-site

Full-time

Medical, Retirement, PTO

Re-posted 4 days ago

Job description

Senior Quantitative Researcher, Buy-Side, PhD Preferred, Chicago, IL
We are seeking a Senior Quantitative Researcher with Buy-Side and PhD Preferred, for a great opportunity in Chicago.
Responsibilities:
- Work collaboratively with the technology and business teams to develop an understanding of complex financial markets, products, and strategies.
- Analyze financial market data to identify patterns and potential opportunities.
- Develop forecasts and building predictive and profitable trading models.
- Explore and work with industry leading software and research tools.
- Work alongside industry experts in the fields of technology and quantitative finance.
- Lead/mentor junior team members.
- Work on challenging and dynamic problems in a team atmosphere.
- Take ownership of and leading projects from start to finish.
Qualifications:
- 5-15 years of relevant experience.
- Futures Asset Class and High Frequency experience preferred.
- Must have direct experience with a Buy-Side firm.
- Knowledge of programming concepts (C++ preferred but not required).
- Experience actively building predictive models and analyzing the market.
- Desire to grow into leadership role preferred.
- Problem solvers who are driven, self-motivated, and "outside of the box" thinkers.
- Motivated, dependable, and responsible team players.
- Excellent written and spoken communication skills.
- Bachelor's, Master's, or PhD in a related field (Mathematics, Statistics, Physics, Computer Science).
- Must be willing to take ownership.
*Looking for candidates from top tier universities with a strong GPA. PhD in mathematics, statistics, physics or engineering is preferred. Will consider candidates who have a Master's degree along with work experience. Top universities include Massachusetts Institute of Technology/MIT, Carnegie Mellon University, Princeton University, Harvard University, University of California-Berkeley, Stanford University, University of Chicago, California Institute of Technology, University of California, Los Angeles, Columbia University, New York University, University of Michigan, Ann Arbor, Yale University, Cornell University, Brown University, etc.
Benefits include medical insurance, retirement plan, PTO, etc. Salary: 80K+ DOE. Keywords: Chicago IL Jobs, Senior Quantitative Researcher PhD Preferred, Buy-Side, C++, Java, Python, R, Quant, Machine Learning, Financial, Trading, Software Engineer, Software Developer, Programming, Programmer Analyst, Chicago Recruiters, Information Technology Jobs, IT Jobs, Chicago Recruiting
Company Will Sponsor Visas! Company Will Relocate Candidates!
Looking to hire for similar positions in Chicago, IL or in other cities? Our IT recruiting agencies and staffing companies can help.
We help companies that are looking to hire Senior Quantitative Researchers for jobs in Chicago, Illinois and in other cities too. Please contact our IT recruiting agencies and IT staffing companies today! Phone 630-428-0600 ext 11 or email us at jobs@nextstepsystems.com. Click here to submit your resume for this job and others.
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