The online masters in applied mathematics degree program focuses on applying and using mathematics in fields such as science and engineering. The program provides skills, knowledge, and experience to address bigger challenges in business, government, and non-profit organizations through courses in graph theory, statistics, numerical analysis, optimization, complexity, etc. Online applied mathematics masters can lead to greater career opportunities, better earnings, and job promotions. According to the U.S. Bureau of Labor Statistics, mathematicians and statisticians earn a median annual wage of $96,280 and can expect jobs to grow by 33% between 2020 and 2030. This guide provides in-depth information on what this degree entails, including aspects like accreditation, curriculum, funding, career options, etc.
The best online masters in applied mathematics degree programs are offered throughout the country. The best masters programs are accredited and have well-trained and experienced faculty, excellent laboratories, student services, and a very good reputation in the industry. The OMC team has analyzed hundreds of affordable, flexible applied mathematics programs that check all the right boxes. Here is the list of the best masters in applied mathematics programs online:
<a href="https://www.onlinemasterscolleges.com/online-masters-in-applied-mathematics/">Applied Mathematics</a>
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College Name & Address | Tuition | Graduation Rate |
---|---|---|
#1 Texas A & M University JKW Administration Building, Suite 200, College Station, Texas 77843 | $6,885 | 83% |
#2 North Carolina State University 2101 Hillsborough Street, Raleigh, North Carolina 27695 | $9,095 | 84% |
#3 Columbia University in the City of New York West 116 St and Broadway, New York, New York 10027 | $50,496 | 96% |
#4 University of Washington 1400 NE Campus Parkway, Seattle, Washington 98195 | $16,605 | 82% |
#5 Johns Hopkins University 3400 N Charles St, Baltimore, Maryland 21218 | $58,720 | 94% |
#6 Colorado State University 102 Administration Building, Fort Collins, Colorado 80523 | $10,834 | 70% |
#7 The Pennsylvania State University 201 Old Main, University Park, Pennsylvania 16802 | $23,189 | 73% |
#8 Oklahoma State University 107 Whitehurst, Stillwater, Oklahoma 74078 | $5,611 | 64% |
Source – Integrated Post Secondary Education Data System & University Data
*Tuition rates are for in-state and per year. Program specific rates may apply.
**NA – data not available
Masters in applied mathematics online programs help students use mathematics to problems that arise in various areas like science and engineering and implement new ideas and new methods to meet new challenges. The program also teaches students how mathematics is applied in laboratories to understand mathematical models of biological processes in the spread of diseases, in weather departments to understand how climate change and aeronautical industries to design better airplanes, and much more. The goal of applied mathematics research is to intelligently apply existing mathematics tools and knowledge to solve scientific problems. With the advent of new computer technology, applied mathematics has transcended its traditional style and is even more critical to this new generation.
The online applied mathematics degree is a typically 2-year program, culminating with a capstone project and, sometimes, a thesis. Several universities also offer traditional and hybrid programs that combine on-campus and online classes.
Being a scientific degree, the online master’s in applied mathematics programs are usually a Master of science or MS degree, with a Master of Arts or MA being extremely rare.
In the Master of Science or MS applied mathematics, students receive thorough training in mathematical sciences and scientific computing, exposure to mathematics-related subjects in science and engineering, and the application of mathematics to problems in various areas. The degree focuses on how to implement new ideas and methods to meet challenges, preparing students for a career in a contemporary industry or business.
Specializations are an excellent choice for those who want to focus on a specific area within the field of applied mathematics. They also lead to niche jobs and better career prospects. Some areas of concentration for an online masters in applied mathematics are:
A few other examples of specializations in applied mathematics are:
Masters in Applied mathematics online degrees are designed to prepare students in the mathematical sciences for a career in modern industry or business. Students receive in-depth training in applied mathematics and scientific computing, exposure to mathematically related subjects in the natural sciences and engineering, and experience in group projects. Program graduates will succeed in securing the best position in a variety of companies.
The curriculum of online master’s in applied mathematics may vary by university and program but will primarily contain some of the following applied mathematics courses:
Some of the skills individuals with an online masters in applied mathematics would have gained upon graduating include:
Apart from these skills, graduates will be able to:
Doing an online accredited masters in applied mathematics is very important. Accreditation is a term that includes both initial and ongoing accreditation of schools, higher education institutions, or programs aimed at meeting the standard requirements of nationally recognized and accredited accreditation bodies. Accreditation is accessed by agencies that oversee the academic and administrative quality of schools, educational institutions, and programs. Accrediting agencies may be national, regional, or specialized, but it is common for most universities to seek regional accreditation from agencies like:
Read all about accreditation and its importance in our Accreditation Guide.
The length of an online master’s program in applied mathematics varies by university and also depends on course selection and program structure. A masters in applied mathematics online taken full-time will typically be 2 years long, requiring students to complete about 36. Some universities allow students to study at their own pace, which may or may not contribute to early graduation. Part-time students would require over 2 years to finish their degrees.
To apply for a masters in applied mathematics online, a student must have completed a bachelor’s degree with a minimum Grade Point Average (GPA) of 3.0 GPA and should preferably have a background in mathematics. Those with no mathematics background may be required to complete prerequisite courses in areas such as advanced linear algebra, analysis, differential equations, and statistics. Some common masters in applied mathematics requirements are:
Since admission requirements for a master’s in applied mathematics vary by program and college, students should check with the university for the exact requirements.
Most colleges have the GRE score as a mandatory criterion for application. Nevertheless, some universities waive this requirement if the applicant has a high Grade Point Average (GPA). Still, an exemption for the GRE is rare in most instances, but a few universities do offer online masters in applied mathematics with no GRE programs, such as the Columbian College of Arts and Science.
It is not uncommon for universities to offer masters in applied mathematics online programs from which one can graduate in less than 2 years. By opting for accelerated programs or credit transfers, lower graduation times can be achieved. Some universities offer accelerated online masters in applied mathematics online, which helps students complete the program before the typical schedule of 2 years. Here are a couple of examples of accelerated online applied mathematics master’s:
Unfortunately, there are no free masters in applied mathematics degree online programs. However, numerous individual free online courses are offered by several prominent universities worldwide. These free courses will help students acquire more or specific knowledge of the subject, which could be useful for assignments or exams. Here are some resources to find online masters in applied mathematics free courses:
free guided projects, and specialization and certificate courses. Topics include mathematical thinking, engineering mathematics, mathematics for machine learning, etc.
An online masters in applied mathematics program is a much-sought degree that costs several thousand dollars. The tuition fees for this program keep increasing with each passing year. Even though students who take up online programs do not have to pay for a hostel, transportation, and meals, they still have to pay the tuition fees, which are not cheap. Thus, financial assistance can significantly ease the burden of a self-funded college education. Some such sources of financial assistance include:
Universities offer scholarships to students who are good in academics, sports, arts, or any other skill. Religious groups, communities, individuals, and NGOs offer scholarships to deserving students. The good thing about scholarships is that they are free, and the student need not pay the awarded money back.
Grants are need-based and are allocated on a case-to-case basis to students who have a poor financial background. Unlike scholarships that predominantly pay for tuition, grant funds can be utilized for purposes other than tuition fees. Grants do not need to be repaid as well.
Graduate Assistantships offer students the opportunity to take up part-time teaching or a part-time job in the same institution where they are studying and, in return, receive a tuition waiver or monthly stipend.
Student loans are sums of money often borrowed from banks, financial institutions, or the federal government and need to be paid back through regular installments or as a lump sum. Student loans involve an interest payment which increases the overall cost of education and poses a risk of increased student debt.
Students can apply for the Free Application for Federal Student Aid (FAFSA) to check if they are eligible for federal financial aid for grad school.
Find out everything you need to know about the Cost of Master’s and Scholarship Scams, and read the Financial Aid Guide to find the best funding option.
Scholarships bear an advantage over other forms of funding as they do not need to be repaid. Scholarships are offered by universities, various for-profit and non-profit institutions, as well as other individuals and groups. Although no scholarships are explicitly awarded for applied mathematics, some colleges provide generic scholarships to grad students with the help of gifts from individuals and religious organizations. Here is an example:
Cal U and its Foundation offer scholarships to students through gifts from individuals or organizations. These scholarships are awarded to students who meet certain criteria, such as academic performance, hobbies, talents, and so on. The scholarship amount is decided based on students’ meeting certain criteria.
Deadline:TBA for 2023-2023.
A Masters in applied mathematics is a two-year program where students are trained in advanced theory and practical knowledge of numerical simulation, statistical analysis, data mining, and computational mechanics.
A student who has completed a bachelor’s degree with a minimum GPA of 3.0 GPA and has a background preferably in mathematics can consider this program. Those from backgrounds other than mathematics are usually required to take prerequisite courses in linear algebra, analysis, differential equations, statistics, etc. Individuals who have a flair for mathematics and enjoy the subject are the best fit for this program.
Professionals with a strong mathematical aptitude can pursue jobs in the field, which can be lucrative and gratifying. The U.S. Bureau of Labor Statistics reports that mathematicians and statisticians can expect jobs to grow by 33% between 2020 and 2030. Graduates of applied mathematics masters are capable of making financial decisions or solving business challenges efficiently, so they are in high demand in numerous sectors. Some of the career options for masters in applied mathematics graduates are:
Generally, an online master’s in applied mathematics is sufficient to start a career in the field of mathematics, but a certification enhances one’s potential in a specific skill or tool. Certifications are not mandatory, but some firms insist on employees completing one or more certifications for high-skilled roles. Certifications also reflect well on a graduate’s resume alongside their projects and help them stand out from their peers. Here are a few certifications related to applied mathematics graduates and students can consider:
Applied Mathematics is a vast study, and students who have completed their masters must update their knowledge regularly. With each industry having its specific requirements, it is always advisable for professionals to tap into resources to understand those requirements. Here are some resources that masters in applied mathematics graduates and professionals can tap into:
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