Master of Applied Mathematics

The Master of Applied Mathematics program at Illinois Institute of Technology is a non-thesis professional master’s degree program that provides graduates with mathematics training for technology-based jobs in business, industry, or government. Graduates develop state-of-the-art skills in modeling, analysis, and computation needed to solve real-world problems. The program requires students to learn writing and communication skills along with teamwork and project management skills. The program can typically be completed in 15 months, with three regular term semesters and one summer semester.

Curriculum

Applied Mathematics and Computational Science Core (9)
MATH 475Probability3
or MATH 563 Mathematical Statistics
MATH 522Mathematical Modeling3
MATH 577Computational Mathematics I3
Business and Professional Core (6)
SCI 511Project Management3
SCI 522Public Engagement for Scientists3
Capstone Professional Experience (9)
MATH 523Case Studies and Project Design in Applied Mathematics6
or MATH 592 Internship in Applied Mathematics
MATH 594Professional Master's Project3
Elective Courses (6)
Select a minimum of two courses from the following:6
Advanced Computation
Partial Differential Equations3
Monte Carlo Methods in Finance3
Computational Mathematics II3
Finite Element Method3
Numerical Methods for Partial Differential Equations3
Topics in Computer Science3-12
Computational Finance3
Stochastic Modeling and Analysis
Introduction to Stochastic Processes3
Introduction to Mathematical Finance3
Stochastic Processes3
Mathematical Finance I3
Mathematical Finance II3
Statistical and Data Analytics
Mathematical Statistics3
Applied Statistics3
Monte Carlo Methods in Finance3
Advanced Design of Experiments3
Discrete Mathematics and Optimization
Optimization I3
Discrete Applied Mathematics I3
Discrete Applied Mathematics II3
Total Credit Hours30

Degree Requirements

All Graduate College requirements must be satisfied. Specific departmental requirements follow.

Credit Requirements

The student must complete 30 credit hours and maintain a 3.0/4.0 GPA. There are 24 credit hours of required, core courses. Six credit hours of electives, selected in consultation with, and approval of, the program director are required. The program may include a maximum of 9 credit hours at the 400-level.

Capstone Professional Experience

The capstone consists of a 6 credit hour course in case studies and project management or an internship in applied mathematics.

Master's Project

The project, which is 3 credit hours of MATH 594, is conducted under the supervision of a faculty member or an industrial partner.

Course Substitutions and Prerequisites

Course substitutions and needed prerequisite courses may be permitted, subject to the approval of the program director.