Master of Applied Mathematics in Chicago United States | Illinois Institute of Technology

The Master of Applied Mathematics program at Illinois Tech equips you for immediate employment or further academic pursuits. You'll develop expertise in mathematical modeling, advanced computing, and statistical analysis, preparing you for dynamic quantitative roles across finance, business, banking, and data-driven organizations. Beyond core mathematics, the program offers comprehensive actuarial science training, including support for taking the Society of Actuaries Exam P (with exam fees covered by Illinois Tech's College of Science). Professional development courses in project management, communication, and our capstone experience provide essential career skills. The Bureau of Labor Statistics projects 28% growth in math-related occupations from 2016-2026, creating approximately 50,200 new positions. Graduates emerge as skilled problem-solvers prepared to tackle workplace challenges. This career-focused program typically takes 15 months to complete across three regular semesters and one summer term. Explore how mathematical modeling, statistics, and computational techniques solve real-world challenges in business, government, and industry. Master sophisticated mathematical approaches to address practical problems.

Our Case Studies and Project Design course teaches problem-solving through mathematical, computational, and statistical techniques, covering diverse areas from finance to actuarial science. The program culminates with a Professional Master capstone project, allowing you to deepen your case study work, produce a comprehensive report, and showcase your skills through professional presentations. By combining mathematical rigor with communication, collaboration, and management training, Illinois Tech's program substantially enhances your professional marketability and value to employers.