College of Science and Health > Academics > Mathematical Sciences > Graduate Programs > Applied Mathematics (MS)

Applied Mathematics (MS)


Applied Mathematics (MS)

Use mathematics to solve real-world problems

The tools and methods of Applied Mathematics are in demand wherever quantitative analysis is used for strategic decision-making. The MS in Applied Mathematics gives you the expertise you need to use those tools and methods in business, industry or government. It also provides a solid foundation for those interested in pursuing a PhD.

The MS in Applied Mathematics program has four areas of concentration:

  • Actuarial science
  • Applied and computational mathematics
  • Mathematical finance
  • Statistics

Courses are held weekday evenings on the Lincoln Park Campus. The program can be completed in two years by taking two courses per quarter.

For international students: this is a STEM-designated program, which can qualify you to extend your post-graduation stay in the United States.

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A city full of opportunities

Applied mathematics skills are in high demand in the city of Chicago, home to numerous Fortune 500 companies, technology firms, insurance agencies and government offices.

Application Deadlines

Applications are accepted on a rolling basis.

Admission Requirements

Submit an online application, personal statement and official transcripts.

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Required Courses

You’ll complete at least 12 classes in applied mathematics and pass two sets of comprehensive examinations.

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The reported median salary of 2017 graduates was $65,000 upon graduation.

Original research with real-world implications

You’ll study with active researchers like Assistant Professor Karl Liechty. Professor Liechty’s work on orthogonal polynomials and special functions is related to the six-vertex, or “square ice,” model in physics. For his work, Professor Liechty was recognized with the 2015 Gábor Szegő prize from the Society for Industrial and Applied Mathematicians (SIAM).

Alumni Network

Alumni of the MS in Applied Mathematics work in a range of industries, including insurance, finance and health care, meaning you’re connected to an array of career options, and over 17,500 graduates of the College of Science and Health.


Merit-based tuition waivers and graduate assistantships are available. Learn more about the financial aid and scholarship opportunities available to you.

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Contact Information

For more information about applying, contact The Office of Graduate Admission at (773) 325-7315 or

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We’ll send you our viewbook with information about the degree, admission requirements and upcoming info sessions. Let’s get started.

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