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2022 Best Value Applied Math Schools for a Master’s For Those Making $30-$48k

112 Ranked Colleges
5,438 Degrees Awarded
$43,000 Avg Grad Tuition & Fees*
Best Value Applied Math Schools for a Master's For Those Making $30-$48k

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Applied Math Schools for a Master’s For Those Making $30-$48k” ranking is part of that endeavor.

Applied Mathematics is the 83rd most popular major in the country with 10,462 degrees awarded in 2019-2020. In 2017-2018, applied mathematics graduates who were awarded their degree in 2015-2017, earned an average of $55,528 and had an average of $22,646 in loans still to pay off.

At the master’s degree level specifically, there were 5,438 applied mathematics graduates with average earnings and debt of $56,398 and $43,194 respectively.

This year’s “Best Value Applied Math Schools for a Master’s For Those Making $30-$48k” ranking looked at 112 colleges that offer degrees in a bachelor’s in applied mathematics. Not only do the schools that top this list have excellent applied mathematics programs, but they also cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the applied mathematics program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

More Ways to Rank Applied Mathematics Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Applied Math Schools for a Master’s For Those Making $30-$48k” list, to help you choose the best school for you.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Applied Math Schools for a Master’s For Those Making $30-$48k

The colleges and universities below are the best for master’s degree applied math students whose families make $30-$48k.

Top 25 Best Value Master’s Degree Colleges for Applied Mathematics (Income $30-$48k)

#1

Massachusetts Institute of Technology

Cambridge, Massachusetts
#2 in overall quality

Out of the 112 schools in the Best Value Applied Math Schools for a Master’s For Those Making $30-$48k that were part of this year’s ranking, Massachusetts Institute of Technology landed the #1 spot on the list. Located in Cambridge, Massachusetts, this fairly large private not-for-profit school awarded 112 diplomas to qualified masters’s applied math students in 2019-2020.

MIT also made our “Best Applied Mathematics Master’s Degree Schools” list, coming in at #2. Although you might pay more or less depending on your area of study, average graduate tuition and fees at MIT are $56,719.

Read more about Applied Mathematics at MIT

#2

Stanford University

Stanford, California
#3 in overall quality

You’ll join some of the best and brightest minds around if you attend Stanford University. The school came in at #2 for the Best Value Applied Math Schools for a Master’s For Those Making $30-$48k. Stanford University is a fairly large private not-for-profit school situated in Stanford, California. It awarded 47 masters’s applied math degrees in 2019-2020.

Stanford also took the #3 spot in our “Best Applied Mathematics Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Stanford University are $55,011.

Read more about Applied Mathematics at Stanford University

#3

Harvard University

Cambridge, Massachusetts
#6 in overall quality

Out of the 112 schools in the Best Value Applied Math Schools for a Master’s For Those Making $30-$48k that were part of this year’s ranking, Harvard University landed the #3 spot on the list. Located in Cambridge, Massachusetts, this large private not-for-profit school awarded 25 diplomas to qualified masters’s applied math students in 2019-2020.

Harvard did well in our major quality rankings, too. It placed #6 on our “Best Applied Mathematics Master’s Degree Schools” list. Average graduate tuition and fees at Harvard are $50,654, but you may pay more or less depending on your major.

Read full report on Applied Mathematics at Harvard University

#4

Rice University

Houston, Texas
#11 in overall quality

You’ll join some of the best and brightest minds around if you attend Rice University. The school came in at #4 for the Best Value Applied Math Schools for a Master’s For Those Making $30-$48k. Houston, Texas is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s applied math degrees to 7 students in 2019-2020.

Rice also took the #11 spot in our “Best Applied Mathematics Master’s Degree Schools” ranking. Average graduate tuition and fees at Rice University are $47,913, but you may pay more or less depending on your major.

Full Rice Applied Mathematics Report

#5

University of Pennsylvania

Philadelphia, Pennsylvania
#10 in overall quality

Out of the 112 schools in the Best Value Applied Math Schools for a Master’s For Those Making $30-$48k that were part of this year’s ranking, University of Pennsylvania landed the #5 spot on the list. University of Pennsylvania is a private not-for-profit institution located in Philadelphia, Pennsylvania. The school has a large population, and it awarded 12 masters’s degrees in 2019-2020.

UPenn did well in our major quality rankings, too. It placed #10 on our “Best Applied Mathematics Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UPenn are $41,760.

Full UPenn Applied Mathematics Report

#6

University of Chicago

Chicago, Illinois

With a ranking of #6, University of Chicago did quite well on the 2022 Best Value Applied Math Schools for a Master’s For Those Making $30-$48k list. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s applied math degrees to 119 students in 2019-2020.

In addition to being on our master’s degree applied math students whose families make $30-$48k list, UChicago has also earned the #5 rank in our “Best Applied Mathematics Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Chicago are $61,548, but you may pay more or less depending on your major.

Read more about Applied Mathematics at UChicago

#6

Brown University

Providence, Rhode Island
#7 in overall quality

Brown University came in at #6 in this year’s edition of the Best Value Applied Math Schools for a Master’s For Those Making $30-$48k ranking. Brown is a medium-sized private not-for-profit school situated in Providence, Rhode Island. It awarded 8 masters’s applied math degrees in 2019-2020.

Brown also made our “Best Applied Mathematics Master’s Degree Schools” list, coming in at #7. Average graduate tuition and fees at Brown are $60,363, but some majors have different tuition rates.

Read full report on Applied Mathematics at Brown University

#8

Johns Hopkins University

Baltimore, Maryland

With a ranking of #8, Johns Hopkins University did quite well on the 2022 Best Value Applied Math Schools for a Master’s For Those Making $30-$48k list. Johns Hopkins University is a large private not-for-profit school situated in Baltimore, Maryland. It awarded 97 masters’s applied math degrees in 2019-2020.

In addition to being on our master’s degree applied math students whose families make $30-$48k list, Johns Hopkins has also earned the #1 rank in our “Best Applied Mathematics Master’s Degree Schools” ranking. Average graduate tuition and fees at Johns Hopkins are $59,425, but some majors have different tuition rates.

Full Johns Hopkins Applied Mathematics Report

#9

Washington University in St Louis

Saint Louis, Missouri
#8 in overall quality

With a ranking of #9, Washington University in St Louis did quite well on the 2022 Best Value Applied Math Schools for a Master’s For Those Making $30-$48k list. Located in Saint Louis, Missouri, this fairly large private not-for-profit school awarded 61 degrees to qualified masters’s applied math students in 2019-2020.

As a testament to the quality of education offered at WUSTL, the school also landed the #8 spot in our “Best Applied Mathematics Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at WUSTL are $56,562.

Read full report on Applied Mathematics at Washington University in St Louis

#10

Northwestern University

Evanston, Illinois
#14 in overall quality

Northwestern University landed the #10 spot on the 2022 Best Value Applied Math Schools for a Master’s For Those Making $30-$48k ranking. Evanston, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s applied math degrees to 14 students in 2019-2020.

Northwestern also made our “Best Applied Mathematics Master’s Degree Schools” list, coming in at #14. Average graduate tuition and fees at Northwestern University are $56,567, but you may pay more or less depending on your major.

Read more about Applied Mathematics at Northwestern University

#11

Cornell University

Ithaca, New York
#15 in overall quality

With a ranking of #11, Cornell University did quite well on the 2022 Best Value Applied Math Schools for a Master’s For Those Making $30-$48k list. This large school is located in Ithaca, New York, and it awarded 10 masters’s applied math degrees in 2019-2020.

Cornell did well in our major quality rankings, too. It placed #15 on our “Best Applied Mathematics Master’s Degree Schools” list. Average graduate tuition and fees at Cornell are $30,042, but some majors have different tuition rates.

Read more about Applied Mathematics at Cornell

#12

Vanderbilt University

Nashville, Tennessee

Vanderbilt University ranked #12 on this year’s Best Value Applied Math Schools for a Master’s For Those Making $30-$48k list. Vanderbilt is a fairly large school located in Nashville, Tennessee that handed out 130 masters’s applied math degrees in 2019-2020.

In addition to being on our master’s degree applied math students whose families make $30-$48k list, Vanderbilt has also earned the #13 rank in our “Best Applied Mathematics Master’s Degree Schools” ranking. Average graduate tuition and fees at Vanderbilt University are $50,624, but you may pay more or less depending on your major.

Full Vanderbilt University Applied Mathematics Report

#16 in overall quality

With a ranking of #13, Columbia University in the City of New York did quite well on the 2022 Best Value Applied Math Schools for a Master’s For Those Making $30-$48k list. Columbia is a large school located in New York, New York that handed out 23 masters’s applied math degrees in 2019-2020.

In addition to being on our master’s degree applied math students whose families make $30-$48k list, Columbia has also earned the #16 rank in our “Best Applied Mathematics Master’s Degree Schools” ranking. Average graduate tuition and fees at Columbia are $51,194, but some majors have different tuition rates.

Read more about Applied Mathematics at Columbia

#14

Boston College

Chestnut Hill, Massachusetts
#23 in overall quality

Boston College ranked #14 on this year’s Best Value Applied Math Schools for a Master’s For Those Making $30-$48k list. This fairly large school is located in Chestnut Hill, Massachusetts, and it awarded 70 masters’s applied math degrees in 2019-2020.

Boston College did well in our major quality rankings, too. It placed #23 on our “Best Applied Mathematics Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Boston College are $31,930.

Read full report on Applied Mathematics at Boston College

#15

Northeastern University

Boston, Massachusetts

With a ranking of #15, Northeastern University did quite well on the 2022 Best Value Applied Math Schools for a Master’s For Those Making $30-$48k list. Located in Boston, Massachusetts, this large private not-for-profit school awarded 19 degrees to qualified masters’s applied math students in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northeastern are $25,558.

Read more about Applied Mathematics at Northeastern

#16

University of Michigan - Ann Arbor

Ann Arbor, Michigan

University of Michigan - Ann Arbor landed the #16 spot on the 2022 Best Value Applied Math Schools for a Master’s For Those Making $30-$48k ranking. University of Michigan - Ann Arbor is a public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 10 masters’s degrees in 2019-2020.

Average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548, but you may pay more or less depending on your major.

Full U-M Applied Mathematics Report

University of Washington - Seattle Campus did quite well in the 2022 Best Value Applied Math Schools for a Master’s For Those Making $30-$48k ranking, coming in at #17. UW Seattle is located in Seattle, Washington and, has a large student population. In 2019-2020, this school awarded 106 masters’s applied math degrees to qualified students.

UW Seattle not only placed well in this ranking. It is also #24 on our “Best Applied Mathematics Master’s Degree Schools” list. Average graduate tuition and fees at UW Seattle are $30,294, but you may pay more or less depending on your major.

Read full report on Applied Mathematics at University of Washington - Seattle Campus

#18

University of Virginia - Main Campus

Charlottesville, Virginia

University of Virginia - Main Campus did quite well in the 2022 Best Value Applied Math Schools for a Master’s For Those Making $30-$48k ranking, coming in at #18. University of Virginia is located in Charlottesville, Virginia and, has a large student population. In 2019-2020, this school awarded 62 masters’s applied math degrees to qualified students.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Virginia are $32,394.

Full University of Virginia Applied Mathematics Report

#19

University of California - Berkeley

Berkeley, California
#18 in overall quality

University of California - Berkeley ranked #19 on this year’s Best Value Applied Math Schools for a Master’s For Those Making $30-$48k list. University of California - Berkeley is a large public school situated in Berkeley, California. It awarded 93 masters’s applied math degrees in 2019-2020.

As a testament to the quality of education offered at UC Berkeley, the school also landed the #18 spot in our “Best Applied Mathematics Master’s Degree Schools” ranking. Average graduate tuition and fees at UC Berkeley are $29,347, but some majors have different tuition rates.

Read full report on Applied Mathematics at University of California - Berkeley

Top 25% in overall quality

University of Illinois at Urbana-Champaign did quite well in the 2022 Best Value Applied Math Schools for a Master’s For Those Making $30-$48k ranking, coming in at #20. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out masters’s applied math degrees to 143 students in 2019-2020.

Average graduate tuition and fees at University of Illinois at Urbana-Champaign are $30,083, but some majors have different tuition rates.

Read full report on Applied Mathematics at UIUC

#20 in overall quality

Georgia Institute of Technology - Main Campus landed the #21 spot on the 2022 Best Value Applied Math Schools for a Master’s For Those Making $30-$48k ranking. Located in Atlanta, Georgia, this large public school awarded 61 degrees to qualified masters’s applied math students in 2019-2020.

Georgia Tech also took the #20 spot in our “Best Applied Mathematics Master’s Degree Schools” ranking. Average graduate tuition and fees at Georgia Tech are $31,334, but you may pay more or less depending on your major.

Read full report on Applied Mathematics at Georgia Tech

#22

Boston University

Boston, Massachusetts
#22 in overall quality

With a ranking of #22, Boston University did quite well on the 2022 Best Value Applied Math Schools for a Master’s For Those Making $30-$48k list. Boston, Massachusetts is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s applied math degrees to 112 students in 2019-2020.

As a testament to the quality of education offered at Boston U, the school also landed the #22 spot in our “Best Applied Mathematics Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Boston University are $57,666.

Read full report on Applied Mathematics at Boston U

#23

Baruch College

New York, New York

Baruch College ranked #23 on this year’s Best Value Applied Math Schools for a Master’s For Those Making $30-$48k list. Baruch College is a fairly large school located in New York, New York that handed out 33 masters’s applied math degrees in 2019-2020.

Average graduate tuition and fees at Baruch are $20,880, but some majors have different tuition rates.

Full Baruch College Applied Mathematics Report

University of California - Irvine did quite well in the 2022 Best Value Applied Math Schools for a Master’s For Those Making $30-$48k ranking, coming in at #24. This large school is located in Irvine, California, and it awarded 73 masters’s applied math degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at UC Irvine are $28,456.

Full UC Irvine Applied Mathematics Report

#25

University of Minnesota - Twin Cities

Minneapolis, Minnesota

University of Minnesota - Twin Cities ranked #25 on this year’s Best Value Applied Math Schools for a Master’s For Those Making $30-$48k list. UMN Twin Cities is a large school located in Minneapolis, Minnesota that handed out 39 masters’s applied math degrees in 2019-2020.

Average graduate tuition and fees at UMN Twin Cities are $28,845, but you may pay more or less depending on your major.

Full University of Minnesota - Twin Cities Applied Mathematics Report

Notes and References

References

  • The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
  • Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
  • Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

  • *Average salary, average net price, and average tuition and fees are for the top schools only.
  • Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

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