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Learn more about Master of Mathematical FinanceThe Department of Applied Mathematics at IIT offers B.S., M.S. and Ph.D. degrees. For students at all levels, we offer personal attention, small class size, an active seminar and colloquium series, and easy access to all the benefits of living in a world-class city.

Our department puts mathematics to work solving problems in science, engineering, and society. Applied mathematicians investigate a wide variety of topics, such as how to construct methods for multi-criteria decision making (requiring discrete mathematics and statistics), predicting how financial markets will behave (requiring probability/statistics, analysis, and optimization), and understanding how liquids flow around solids (requiring computational methods and analysis). Our programs focus on four areas of modern applied mathematics: