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Illinois Institute of Technology Master of Science in Applied Mathematics - STEM Designated
Illinois Institute of Technology

Master of Science in Applied Mathematics - STEM Designated

Chicago, USA

32 Hours

English

Full time

Request application deadline *

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USD 1,646 / per credit

On-Campus

* priority deadline I deadline for Professional Master's and Master of Science May 15th

Introduction

The M.S. program in applied mathematics at Illinois Tech serves a dual purpose based on your background and career aims. Should you want to pursue a doctoral degree in applied mathematical sciences, it provides a strong foundation that prepares you for the challenges of Ph.D. coursework and research. Should you want to pursue a career in industry, you will be trained in advanced mathematical techniques and models appealing to future employers.

The three options of study include writing a master's thesis, passing two qualifying exams, or conducting an industry-based project.

Five specializations are offered in the program: industrial mathematics, stochastic computation, discrete computation and optimization, computational statistics for data science, and quantitative risk management.

Note: The Coursework track may be completed online; the Industry Project and Thesis tracks require in-person classes.

Program Overview

Illinois Tech's M.S. in applied mathematics program provides a strong foundation that prepares you for the challenges of Ph.D. coursework and research. Or train in advanced mathematical techniques and models, appealing to future employers and providing the opportunity to pursue a career in a variety of industries.

Program Specializations

Program specializations are designed to meet modern job market needs. Choosing a specialization is optional and not a degree requirement.

  • Computational Statistics for Data Science
  • Discrete Computation and Optimization
  • Industrial Mathematics
  • Quantitative Risk Management
  • Stochastic Computation

Why Illinois Tech is one of the best value universities in the country

As an Illinois Tech student, you’ll automatically be considered for our university’s generous institutional scholarships. On average, this adds up to a savings of $107,472 on tuition and housing for every student during your four years at Illinois Tech ($134,340 for five years, based on fall 2021 figures).

We’re committed to dramatically reducing the cost of your degree, so you can focus on learning at one of the most dynamic and innovation-driven universities in the country.

Want some more great reasons?

  • On top of our institutional scholarship, on average, Illinois Tech awards our students an additional $34,412 each in need-based tuition aid over four years ($43,015 for five years). (among FAFSA filers, fall 2021)
  • We’re the #44 Best Value School in the nation (U.S. News & World Report)
  • 98% of our students receive some form of financial aid
  • The mean starting salary of our undergraduates is $63,938

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