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program detail
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USD 33318

Annual Tuition Fee

!
*Subject to change and other fees
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USD 100 Waived

Application Fee

Duration icon

15 months

Duration

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6.5

IELTS

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80

TOEFL

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70%

Min GPA

Program Overview

Discover the applications of mathematical modeling, statistics, and computation used in business, government, and industry. Learn robust mathematical methods, theories, and techniques needed to address real-world problems.

In our Case Studies and Project Design class, learn to approach problems using mathematical, computational, and statistical methods. Subjects range from finance to operations to actuarial science. Follow-up with our distinguished Professional Master’ capstone project, which provides opportunities to expand on these case studies, prepare a final report, and demonstrate the skills you’ve learned through an oral presentation. By complementing your math-based knowledge with communication, teamwork, and project management skills, Illinois Tech’s master’s degree significantly increases your value on the job market and to your future employer.

Overall, the Master of Applied Mathematics provides the knowledge and experience you need to embark on a successful quantitative career. Additionally, you can attain professional competency in actuary science should you opt to take the Society of Actuaries’ Exam P.

Program Overview

Our Master of Applied Mathematics program provides skills, knowledge, and experience to address quantitative challenges in business, government, and the nonprofit world. The program typically can be completed in 15 months by taking three regular term semesters and one summer semester.

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Additional Information

Program Level Master's Degree

College/University Processing Time 28 Days

Program Format Full-Time

Optional Practical Training (OPT) work permit

Program Intake

Open

Jan 2026, Aug 2026

Closed

Aug 2025

General Admission Requirement

    Academic Requirement

    • Minimum Level of Education Required: To be accepted into this program, applicants must have a bachelor's degree in mathematics, science, engineering, business, or an equivalent degree.

    6.5 IELTS Score
    80 TOEFL Score Minimum Overall Score
    115 Duolingo Minimum Overall Score
    304 Gre Minimum Overall Score
    70% CGPA Minimum Overall Score

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    Tuition Fee

    The values given below are estimated figures, excluding extra charges like material fee, student activity fees, athletic fees, health care, etc., for courses. To know more, please visit the page.

    Average Tuition Fee Per Year

    33318

    Tuition Fee
    (USD)

    USD 100 Waived

    Application Fee
    (USD)

    12000 Per year

    Average Cost of Living
    (USD)

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    The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

    for more information about funding options.

    Scholarships

    Type of Scholarship Scholarship Information Amount/ Range
    International Undergraduate Student Scholarships International Undergraduate Student Scholarships Criteria:
    Open to international first-year and transfer students.
    No separate application required; considered automatically upon admission.
    Based on academic success, community involvement, and other achievements.
    Note: International students must submit a Financial Affidavit of Support to demonstrate their ability to finance their education.

    LINK: https://www.iit.edu/admissions-aid/tuition-and-aid/scholarships
    International Undergraduate Student Scholarships Amount: $40,000–$100,000 over four years.

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