College of Science and Health | DePaul University > Academics > Mathematical Sciences > Graduate > Applied Mathematics (MS) > Concentration Requirements

Applied Mathematics Concentrations

The Master's program in Applied Mathematics offers degrees in four areas of concentration: Actuarial Science, Applied and Computational Mathematics, Mathematical Finance, and Statistics.

Actuarial Science Concentration

The Actuarial Science concentration​ caters to career changers as well as students who would like to further their actuarial training. It condenses a comprehensive actuarial curriculum into just two years, with an emphasis on the theory and problem-solving skills that are key to passing actuarial exams, and the computational methods that are sought after in the job market. Most of our graduates get internships and full-time jobs as actuarial analysts in insurance companies and consulting firms.

View the requirements for the Actuarial Science Concentration.

Applied and Computational Mathematics Concentration

The Applied and Computational Mathematics concentration is intended for students seeking a career as quantitative analysts, computational scientists, or applied mathematicians, or for those planning to continue the study of applied mathematics at the doctoral level. Students pursuing this concentration are exposed to a variety of mathematical methods, models, and computational tools that find use in science, engineering, business, computer science, and industry.

View the requirements for the Applied and Computational Mathematics Concentration.

Mathematical Finance Concentration

The Mathematical Finance concentration is a track for mathematically-inclined students who would like to pursue a quantitative or risk management career in Finance. The coursework focuses on the theoretical foundations of Finance as well as the concrete application of financial modeling, using sophisticated tools and techniques such as stochastic differential equations, copulas and extreme value theory. Students completing this concentration will be well-equipped to work as junior traders or financial analysts.

View the requirements for the Mathematical Finance Concentration.

Statistics Concentration

The Statistics concentration​ is designed to provide students with the necessary quantitative background for employment in business, industry, or government. It also provides a solid foundation for students interested in pursuing a PhD in statistics.

View the requirements for the Statistics concentration.​​​