2022 Best Value Applied Math Schools for a Master’s in Illinois

When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Applied Math Schools for a Master’s in Illinois” ranking - to help you make that decision.

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.

Across Illinois, there were 462 applied mathematics graduates with average earnings and debt of $60,700 and $44,684 respectively. At the master’s degree level specifically, there were 382 applied mathematics graduates with average earnings and debt of $57,267 and $46,814 respectively.

This year’s “Best Value Applied Math Schools for a Master’s in Illinois” ranking analyzed 5 colleges that offered a degree in applied mathematics. This ranking identifies schools with high-quality applied mathematics programs that also have a lower cost than 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

The applied math school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Applied Math Schools for a Master’s in Illinois”.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Applied Math Schools for a Master’s in Illinois

The following schools top our list of the Best Best Value Applied Math Schools for a Master’s in Illinois.

Top 5 Best Value Master’s Degree Colleges for Applied Mathematics in Illinois

#1

University of Illinois at Urbana-Champaign

Champaign, Illinois

#3 in overall quality

$30,083 Avg Grad Tuition & Fees

Out of the 5 schools in the Best Value Applied Math Schools for a Master’s in Illinois that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #1 spot on the list. 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.

As a testament to the quality of education offered at UIUC, the school also landed the #3 spot in our “Best Applied Mathematics Master’s Degree Schools in Illinois” ranking. 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 University of Illinois at Urbana-Champaign

#2

DePaul University

Chicago, Illinois

#4 in overall quality

$19,760 Avg Grad Tuition & Fees

$78,971 Average Early-Career Earnings

You’ll be in good company if you decide to attend DePaul University. It ranked #2 on our 2022 Best Value Applied Math Schools for a Master’s in Illinois list. DePaul University is a private not-for-profit institution located in Chicago, Illinois. The school has a large population, and it awarded 77 masters’s degrees in 2019-2020.

DePaul also took the #4 spot in our “Best Applied Mathematics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at DePaul are $19,760, but some majors have different tuition rates.

Full DePaul University Applied Mathematics Report

#3

University of Illinois at Chicago

Chicago, Illinois

#5 in overall quality

$27,036 Avg Grad Tuition & Fees

Out of the 5 schools in the Best Value Applied Math Schools for a Master’s in Illinois that were part of this year’s ranking, University of Illinois at Chicago landed the #3 spot on the list. Located in Chicago, Illinois, this large public school handed out 13 degrees to qualified masters’s applied math students in 2019-2020.

UIC also made our “Best Applied Mathematics Master’s Degree Schools in Illinois” list, coming in at #5. Average graduate tuition and fees at University of Illinois at Chicago are $27,036, but you may pay more or less depending on your major.

Read full report on Applied Mathematics at University of Illinois at Chicago

#4

Northwestern University

Evanston, Illinois

#2 in overall quality

$56,567 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Northwestern University. It ranked #4 on our 2022 Best Value Applied Math Schools for a Master’s in Illinois list. Northwestern University is a large school located in Evanston, Illinois that handed out 14 masters’s applied math degrees in 2019-2020.

In addition to being on our illinois master’s degree applied math students list, Northwestern has also earned the #2 rank in our “Best Applied Mathematics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Northwestern University are $56,567, but you may pay more or less depending on your major.

Read full report on Applied Mathematics at Northwestern University

#5

University of Chicago

Chicago, Illinois

#1 in overall quality

$61,548 Avg Grad Tuition & Fees

$108,331 Average Early-Career Earnings

Out of the 5 schools in the Best Value Applied Math Schools for a Master’s in Illinois that were part of this year’s ranking, University of Chicago landed the #5 spot on the 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 illinois master’s degree applied math students list, UChicago has also earned the #1 rank in our “Best Applied Mathematics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at University of Chicago are $61,548, but some majors have different tuition rates.

Full UChicago Applied Mathematics Report

• Best Value Master’s Degree Colleges for Applied Mathematics in the Great Lakes Region
• Best Value Master’s Degree Colleges for Applied Mathematics

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.

Credits

• Credit for the banner image above goes to Steven G. Johnson.

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