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University of Chicago Master’s in Applied Mathematics

119 Master's Degrees Awarded
$108,331 Average Salary

Applied Mathematics is a major offered under the mathematics and statistics program of study at University of Chicago. We’ve pulled together some essential information you should know about the master’s degree program in applied math, including how many students graduate each year, the ethnic diversity of these students, whether or not the degree is offered online, and more.

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How Much Does a Master’s in Applied Math from UChicago Cost?

$61,548 Average Tuition and Fees

UChicago Graduate Tuition and Fees

During the 2019-2020 academic year, part-time graduate students at UChicago paid an average of $0 per credit hour. No discount was available for in-state students. The following table shows the average full-time tuition and fees for graduate student.

In State Out of State
Tuition $60,300 $60,300
Fees $1,248 $1,248

How Much Can You Make With a Master’s in Applied Math From UChicago?

$108,331 Average Salary
High Earnings Boost

applied math who receive their master’s degree from UChicago make an average of $108,331 a year during the early days of their career. That is 48% higher than the national average of $73,340.

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Does UChicago Offer an Online Master’s in Applied Math?

UChicago does not offer an online option for its applied math master’s degree program at this time. To see if the school offers distance learning options in other areas, visit the UChicago Online Learning page.

UChicago Master’s Student Diversity for Applied Math

119 Master's Degrees Awarded
50.4% Women
6.7% Racial-Ethnic Minorities*
In the 2019-2020 academic year, 119 students received their master’s degree in applied math. The gender and racial-ethnic breakdown of those individuals is shown below.

Male-to-Female Ratio

About 50.4% of the students who received their Master’s in applied math in 2019-2020 were women. This is higher than the nationwide number of 40.0%.

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Racial-Ethnic Diversity

Around 6.7% of applied math master’s degree recipients at UChicago in 2019-2020 were awarded to racial-ethnic minorities*. This is lower than the nationwide number of 11%.

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Race/Ethnicity Number of Students
Asian 5
Black or African American 0
Hispanic or Latino 2
Native American or Alaska Native 0
Native Hawaiian or Pacific Islander 0
White 13
International Students 95
Other Races/Ethnicities 4

Master’s in Applied Math Focus Areas at UChicago

Applied Mathematics students may decide to major in one of the following focus areas.

Focus Area Annual Graduates
Computational & Applied Mathematics 33
Financial Mathematics 86

You may also be interested in one of these majors related to applied mathematics.

Related Major Annual Graduates
Mathematics 25
Statistics 181

View All Applied Mathematics Related Majors >

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

More about our data sources and methodologies.

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