Chicago,
IL,
United States
Type
Private
Degrees offered
Bachelor's Degree
MSc in Applied Mathematics - Quantitative Risk Management in Chicago United States | Illinois Institute of Technology
Illinois Institute of Technology
|
Chicago United States
Visit institution website
for more information
Qualification
Masters Degree
Languages
English
Delivery Mode
On-Campus
Tuition (2025)
USD
32,040
Attendance
Full-time
Full-time Duration
24 months
The M.S. program in applied mathematics at Illinois Tech offers flexible pathways tailored to your academic and professional goals. For those aiming for doctoral studies in applied mathematical sciences, it builds essential skills for Ph.D.-level coursework and research. If you're targeting industry roles, the program equips you with sophisticated mathematical methods and models valued by employers.
Students can choose among three completion options: crafting a master's thesis, successfully completing two qualifying exams, or executing an industry-focused project.
The program features five specialization tracks: industrial mathematics, stochastic computation, discrete computation and optimization, computational statistics for data science, and quantitative risk management.
Destination of Study
Subjects of Study
Language Requirements
English
IELTS 6.5
Qualification Requirements
Admission typically requires a bachelor's degree in mathematics, applied mathematics, or related quantitative fields. Candidates whose degree is in another field and whose background in mathematics is strong are also eligible for admission and are encouraged to apply. All undergraduate prerequisites courses must be fulfilled, in addition to fulfilling all other degree requirements.
A cumulative undergraduate GPA of 3.0/4.0 is usually required.
At least two letters of recommendation are required.
A TOEFL score of 80 is required if an applicant is from a non-English-speaking country.
IELTS Academic: 6.5 or above (6.0 minimum in all bands)
A cumulative undergraduate GPA of 3.0/4.0 is usually required.
At least two letters of recommendation are required.
A TOEFL score of 80 is required if an applicant is from a non-English-speaking country.
IELTS Academic: 6.5 or above (6.0 minimum in all bands)
Tuition
USD
32,040