Overview

Discover the applications of mathematical modeling, statistics, and computation used in business, government, and industry. Learn robust mathematical methods, theories, and techniques needed to address real-world problems.

In our Case Studies and Project Design class, learn to approach problems using mathematical, computational, and statistical methods. Subjects range from finance to operations to actuarial science. Follow-up with our distinguished Professional Master’ capstone project, which provides opportunities to expand on these case studies, prepare a final report, and demonstrate the skills you’ve learned through an oral presentation. By complementing your math-based knowledge with communication, teamwork, and project management skills, Illinois Tech’s master’s degree significantly increases your value on the job market and to your future employer.

Career Opportunities

According to the Bureau of Labor Statistics, “Overall employment of mathematicians and statisticians is projected to grow 30 percent from 2018 to 2028, much faster than the average for all occupations.” With a master’s degree in applied mathematics, you will leave the Applied Mathematics programme from Illinois Institute of Technology as a problem solver and quantitative professional ready to meet the demands of the workplace head-on. Are you ready?

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Programme Structure

Courses include:

Mathematical Statistics

Regression

Monte Carlo Methods

Mathematical Methods for Algorithmic Trading

Advanced Design of Experiments

Statistical Learning

Bayesian Computational Statistics

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Key information

Duration

Full-time
- 12 months

Start dates & application deadlines

Starting 2026-08-17 00:00:00
- Apply before 2026-06-15 00:00:00 , International
- Apply before 2026-08-16 00:00:00 , National
Starting 2027-01-11 00:00:00
- Apply before 2026-11-15 00:00:00 , International
- Apply before 2027-01-07 00:00:00 , National

Language

English

Duolingo English Test

115

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TOEFL^® IBT

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IELTS

6.5

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Credits

30 SCH

Delivered

On Campus

Campus Location

Chicago, United States

Disciplines

Applied Mathematics View 150 other Masters in Applied Mathematics in United States

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Academic requirements

GPA

English requirements

Duolingo English Test

115

Take A Free Practice Test!

TOEFL^® IBT

Schedule TOEFL®

IELTS

6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

Official Transcripts

Resume/CV

Submit a current resume that highlights your academic and professional experience

Personal Statement

Provide a well-written statement that outlines your academic and professional goals

Letters of Recommendation (May Be Required, Depending on Programme/Department)

Requirements vary, but in most cases one letter is required for master’s programmes and two are required for Ph.D. programmes

Letters should be from individuals who can assess your academic and/or career achievements and potential (e.g., professors, employers)

Letters must be submitted through the online Application Portal; you will input the recommender’s name and email address, and they will receive an electronic invitation. Note that recommenders will type their recommendation directly into the portal, not upload a document.

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Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

33318 USD / year

≈ 33318 USD / year
Out-of-State

33318 USD / year

≈ 33318 USD / year
Domestic

Applies to you

In-State

33318 USD / year

≈ 33318 USD / year

Living costs

Chicago

United States

1297 - 2491 USD / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Financing

Interested in financing your studies? Find a student loan that works for you.

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Fixed interest rates -- no inflation surprises
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Free visa & career support through our Path2Success program

Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

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Scholarships Information

Below you will find Master's scholarship opportunities for Applied Mathematics.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

On this page

About

Overview

Career Opportunities

Get more details

Programme Structure

Check out the full curriculum

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

Explore more key information

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Make sure you meet all requirements

Tuition Fees

International Applies to you

Domestic

Living costs

Chicago

Financing

Funding

Check for any work restrictions

Scholarships Information

Available Scholarships

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