Applied mathematics is created in response to problems in science, engineering, and society. As an applied mathematician, you will be able to solve problems across career fields, using a variety of mathematical strategies. For example, constructing methods for multicriteria decision making requires discrete mathematics and statistics. Predicting how the financial markets will behave requires probability/statistics, analysis, and optimization. Analyzing how liquid flows around solids requires expertise in computational methods and analysis. With an applied mathematics background, you are prepared for careers in the insurance, electronics and computer manufacturing, logistics, pharmaceuticals, and more.
Illinois Tech's active learning approach is adept at preparing applied mathematics majors to use their skills to the fullest potential. The active learning approach requires teams of students from across disciplines to work together and solve problems, exposing students to a vast field of study.
As a result, our graduates work for a variety of businesses in a variety of roles. They have gone to work with financial and insurance companies as analysts, computer companies as programmers and hardware developers, and in many different fields as researchers. Others have entered academia, going to excellent graduate schools in pure, applied, and financial mathematics, as well as physics, design, accounting, and M.B.A. programs.
For more information about what you can do with a degree in applied mathematics, consider reading the following:
- "Thinking of a Career in Applied Mathematics?" and more from SIAM on Careers & Jobs
- An interesting article in CNN Financial News on the increasing popularity of applied mathematics careers.
- Information about the mathematics profession from the Bureau of Labor Statistics.
- The American Mathematical Society has a site with career information for (non-academic) mathematicians. (Also Internships and Co-ops and this.)
- The Mathematical Association of America has career information for members, lists examples of how mathematics is used in the workplace, and published the book 101 Careers in Mathematics (and their review).
- This Wall Street Journal article states the best careers use math extensively, based on a range of factors, from quality of worklife to salary to career prospects.
- Mathematicians, statisticians, and actuaries have some of the best jobs in the country according to CareerCast, a job-seeker assistance website.
- You can do anything with a math degree: for example, work in Data Analytics in Healthcare.
- Careers in Operations Research and Analytics
(For current Illinois Tech students looking into jobs, internships, or graduate school: Careers for AM Majors at IIT.)
Applied Mathematics allows maximum flexibility. Majoring in Applied Mathematics gives you ample opportunity to assemble a portfolio of courses that will satisfy both intellectual needs and career preparation. A wide variety of courses are offered with strengths in contemporary topics in applied mathematics, loosely organized under the four subject headings: applied analysis, computational mathematics, discrete applied mathematics, and stochastics (including statistics, mathematical finance, and stochastic analysis). If desired, you can focus on one of the "Specializations" described below.
A minor is required, which gives you an area of focus where mathematics may be applied. It consists of five or more related courses in an area outside of Applied Mathematics. With a minor in computer science, business, or one of the engineering areas, for example, you will be well prepared to enter the job market in business or government.
Continuation to graduate school also is an option after graduation, or you can enroll into a co-terminal degree and graduate with a B.S. and an M.S. at the same time.
Applied Mathematics Undergraduate Handbook (updated Fall 2015)
Applied Mathematics Specializations (updated 2013); for 2015 update, see AM Undergraduate Handbook, Section VI
Other minors: see the Undergraduate Bulletin
Co-Terminal degrees at Illinois Tech