Solving every industry’s numerical and theoretical problems requires more than just a calculator and some equations. Do you know how to leverage numbers to problem solve? Are you ready to pursue STEM graduate studies with a bachelor’s degree? Need a steady job while you do it? If yes, then online master’s degree mathematics programs are for you. In addition to earning a degree, studying mathematics makes you more adept at solving the most complex problems imaginable. Imagine having abilities you can employ in virtually any field or professional responsibilities. For example, statistics!
Furthermore, a mathematics degree can provide students with intriguing and rewarding career prospects. According to BLS, mathematician careers are seeing a 33% increase over the next ten years. In other words, you won’t be hurting for work! Employers specifically search for logical and analytical thinking skills learned while mastering mathematics.
Via this article, you will fully understand what to look for while enrolling in an online master’s degree mathematics program. Furthermore, we’ll line up the most reputable institutions offering this type of degree. Read on to learn more!
Article Navigation: Why Get a Degree in Mathematics? | Mathematics Fields | Online Master’s Degree Mathematics Overview | How To Choose an Online Master’s Degree Mathematics | Top Online Master’s Degree Mathematics Programs | Career and Salary Outlook for Mathematics Jobs | Professional Mathematics Organizations | Frequently Asked Questions: Online Master’s Degree Mathematics | Explore Mathematics Degrees Online Today!
Why Get a Degree in Mathematics?
Compared to other STEM degrees, a degree in mathematics will set you up for a career in solutions and logical, critical thinking. At the same time, it provides career stability with the prospect of a high salary. Mathematics is essential because some of the best jobs demand basic or expert mathematical comprehension.
Mathematics Fields
Statistics and Probability
Statisticians make predictions about likely-to-occur events using mathematical principles. To this end, they compile, examine, and interpret data. Executing a forecast also requires formulas and a set of instructions.
Calculus
Calculus studies infinite series, functions, limits, derivatives, and integrals. At the same time, it falls under one of the most significant branches of applied mathematics. In short, it forms the foundation of all complex mathematical computations and engineering applications.
Mathematical Analysis
Mathematical analysis is one of the more complex areas of pure mathematics. It deals with theories and what limits them, such as:
- Integration
- Differentiation
- Pre-calculus
- Infinite series
- Analytics functions
Trigonometry
One may consider trig an application of the geometry branch. However, the field has advanced to the point where it requires its nomenclature. Trigonometry is a branch of math that studies triangles, in contrast with geometry, which examines all angles and shapes.
Algebra
The intriguing subfield of mathematics, algebra, deals with the problem of solving intricate non-generic (or generic) algebraic formulas. To this end, algebra professionals transform these formulas to produce answers. Moreover, professionals must follow complex formulas and procedural rules to alter the equations and solve the issues.
Online Master’s Degree Mathematics Overview
Specializations for Mathematics
Applied Statistics
The applied statistics specialization builds problem-solving and critical thinking skills through empirical research and data analysis. In addition to preparing students for career objectives, it prepares them for quantitative disciplines and statistics.
Subsequently, graduates with applied statistics degrees can employ statistical analysis to collect data. They also evaluate and preserve data, identify problems and opportunities, and draw conclusions.
Computational Mathematics
In a computational mathematics program, students will study the convergence of computer science, optimization, statistics, and mathematics. This information applies to tackling the problems of medicine, technology, business, and finance. In other words, you’ll discover how to better comprehend the universe around us and forecast the future.
Operations Research
In an operations research program, computational and mathematical methods are heavily weighted. For example, students gain foundational abilities in optimization, probability, and statistics in this area.
Industrial and Applied Mathematics
Through this type of program, you will become a specialist in approaching and resolving technological and industrial challenges. Specifically, you’ll learn this from a mathematical standpoint.
How To Choose an Online Master’s Degree Mathematics
While pursuing a mathematics degree program online, ensure that you meet the following criteria:
Degree Level Needed for Chosen Career
Academic institutions generally demand a bachelor’s degree in mathematics or a related field. Also, they may require a comparable certification to enter a master’s in mathematics program.
Program Format
In particular, the course structure is just as significant as its subject matter. Depending on your unique scheduling needs, consider the program format specifically. There are a few program formats, such as online, hybrid, blended, and on-campus. Some subsets of online learning formats include:
- Asynchronous – pre-recorded lectures, set deadlines, and self-paced coursework.
- Synchronous – collaborative learning structure, easy instructor access, and real-time learning.
Location
On-campus learners may consider their school’s location heavily because of in-state and out-of-state costs. However, online students might not worry much about the institution’s location since it doesn’t require your physical presence on campus. Cost may still be affected by a student’s location, however. It is also essential to consider location if your online program includes in-person labs or requirements.
Accreditation
It’s critical to only search for accredited online applied mathematics degrees. As online learning becomes more widespread, most applicants might presume that educational bodies recognize all online colleges. But that’s not the reality. Choosing an online school with accreditation approved on a regional or national level is recommended.
Accreditation is crucial because it certifies that a school complies with local or state educational standards. In other words, you’ll get an industry-aligned curriculum. Likewise, accreditation sets you up for success.
Top Online Master’s Degree Mathematics Programs
This section outlines the best math graduate programs available for undergraduate students. Read on to learn more!
1. Shawnee State University
Accreditation: Higher Learning Commission
Degree Offered: Master of Science in Mathematics
Duration: 27 months
Shawnee State University offers an Online Master of Science in Mathematics. The curriculum benefits practitioners who want to teach mathematics at the college level. Also, this academic program is suitable for high school instructors who want to advance their credentials to tutor college-level mathematics. The institution ranks among the top schools for mathematics programs in the United States.
Secondary teachers with a master’s degree in related areas may complete 18 credits to earn this degree. To illustrate, the major coursework areas in this course include:
- Abstract Algebra 1, Abstract Algebra 2
- Regression I, Regression II
- Mathematical Analysis I, Mathematical Analysis II
Candidates are required to choose electives such as:
- Topology
- Abstract Algebra 2
- Regression II
- Mathematical Analysis II
- Number Theory
- Probability I
- Complex Variables
- Foundations of Geometry
2. University of Delaware
Accreditation: Middle States Commission on Higher Education
Degree Offered: Master of Science in Applied Statistics
The University of Delaware provides students with an online Master’s in Applied Statistics. In this case, the program helps students become data scientists who can meet the growing demand for knowledge in data analytics. Also, graduates have a theoretical grounding in statistics, training in model construction, and experience with data in decision-making and analysis.
Students will gain vital knowledge, skills, and practical experiences, such as a theoretical foundation in mathematical statistics and probability.
Applied applications areas include the following:
- Experiment design
- Regression
- Multivariate methods
- Models of counts and Logistic regression
3. North Carolina State University at Raleigh
Accreditation: Southern Association of Colleges and Schools Commission on Colleges
Degree Offered: Master of Statistics
Duration: 1 to 6 years
NC State University offers an online Master of Statistics degree to eligible applicants. At least 30 semester hours are required. To illustrate this program, students must take seven compulsory courses in total. Most students only enroll in one course each semester, although some take three subjects full-time. The degree ranks among the best math graduate programs for undergraduate students.
The coursework areas in the program include:
- Fundamentals of Statistical Inference I and II
- Fundamentals of Regression and Linear Models
- Applied Statistical Methods I and II
Also, in this program, candidates will take one programming course from the options available below:
- Statistical Programming
- Big Data (Python)
- Data Science for Statisticians
4. University of Kentucky
Accreditation: Southern Association of Colleges and Schools Commission on Colleges
Degree Offered: Master of Applied Statistics
The University of Kentucky offers a Master of Applied Statistics degree to learners worldwide. The adaptable online program, created for working professionals, prepares students for statistician careers in various fields. Subsequently, graduates are able to:
- Offer statistical advice on issues that call for using multivariate and computational methodologies to solve them.
- Create tests and surveys to address issues facing the sector.
- Utilize statistical computing tools like SAS and R to manage massive data sets.
5. University of West Florida
Accreditation: Southern Association of Colleges and Schools Commission on Colleges
Degree Offered: Master of Science in Mathematical Sciences
Duration: 2 years
University of West Florida provides an MS in Mathematical Sciences via its distance learning platform. The curriculum suits professionals seeking government jobs, Ph.D. studies, career promotion, or teaching.
Expert academic instructors share their knowledge and give students chances to participate in primary research. In addition, candidates will have the freedom to choose how they want to structure their courses. Also, you can select from various applied mathematics, pure mathematics, and statistics courses.
Subsequently, graduates can:
- Link mathematics to data science, finance, or scientific computing.
- Grasp the underlying theories of mathematical operations.
- Utilize cutting-edge computer technology and statistical techniques to analyze data.
6. University of Washington
Accreditation: Northwest Commission on Colleges and Universities (NWCCU)
Degree Offered: MS in Applied Mathematics
Duration: 2 to 3 years
University of Washington provides an online MS in Applied Mathematics to seasoned professionals and undergraduate students. Its integrative approach provides a solid foundation in the mathematical techniques generally used to analyze the biological, engineering, and physical sciences. Develop your skills in communication, quantitative analysis, and computation through this great program.
Coursework areas comprise:
- Mathematical methods: asymptotics, optimization, dynamics, and applied analysis
- Mathematical finance
- Scientific computing and numerical analysis
- Climate modeling: global warming, atmospheric dynamics
- Mathematical biology: neuroscience, ecology, and biochemistry
7. Johns Hopkins University (JHU)
Accreditation: Middle States Commission on Higher Education (MSCHE)
Degree Offered: Master of Science in Financial Mathematics
Duration: 1 to 2 years
Johns Hopkins University’s Master of Science in Financial Mathematics is available to online students. The curriculum enhances administrative and quantitative competencies with engineering-driven concepts that define the financial system. Industry experts actively use the technologies and approaches they teach in this course.
In short, the financial mathematics program offers students the opportunity to:
- Study with elite specialists with real-world experience in companies such as Goldman Sachs, leading hedge funds, etc.
- Lead with assurance by combining technological, managerial, and financial skills.
- Study strategies in areas such as risk management, quantitative portfolio theory, and financial derivatives that are relevant to actual implementation.
Also, John Hopkins offers three concentration options in financial mathematics. They include graduate certificates such as:
- Financial Risk Management
- Portfolio Management
- Securitization
Note: JHU offers MS in computational mathematics to candidates interested in that field.
8. Texas A&M University
Accreditation: Southern Association of Colleges and Schools Commission on Colleges
Degree Offered: Master of Science in Mathematics
Duration: 15 to 24 months
Texas A&M University provides prospective candidates with an online Master’s in Mathematics. Students receive extensive training for various professional paths, including those in the financial sector, government labs, industry, and academia. Subsequently, graduates can pursue lucrative jobs as professional mathematicians.
The program’s underlying goal is to promote creative and independent work while maintaining the highest levels of academic excellence. Specialization cuts across all aspects of modern, applied, and pure mathematics. In addition, the master’s degree tracks comprise:
- Computational Math
- Industrial Math
- Math Biology
- Traditional track
- Teaching track
9. University of Texas Rio Grande Valley
Accreditation: Southern Association of Colleges and Schools Commission on Colleges (SACSCOC)
Degree Offered: Master of Science in Mathematics
Duration: 15 to 24 months
The University of Texas also offers an online Master’s in Mathematics to eligible applicants worldwide. Students take on postgraduate education to teach at different levels. In addition, they can advance toward a Ph.D. or take up a higher-paid job in the industry. Moreover, based on college reviews across various educational platforms, the institution ranks among the top schools for mathematics.
At the University of Texas, the MS in Mathematics comprises concentrations such as:
- Industrial and Applied Mathematics
- Mathematics Teaching
- Mathematics
- Statistics
Career and Salary Outlook for Mathematics Jobs
Master’s in Math Careers
Mathematicians and Statisticians
In most business organizations, mathematicians and statisticians perform the following tasks:
- Evaluate data, and create mathematical or statistical models.
- Analyze data and explain findings to both technical and layman audiences.
- Apply mathematical concepts and methods to real-world issues in the sciences, engineering, business, and other disciplines.
- Choose the data required to address a particular issue or query.
- Create tests, polls, or surveys to gather information.
According to the Bureau of Labor Statistics, the average annual salary for statisticians as of May 2021 was $95,570. The highest 10% made over $157,300, while the lowest 10% earned lower than $49,350. In addition, the total employment of statisticians and mathematicians is projected to increase by 33% over the next ten years.
Economists
Today’s economists employ quantitative and qualitative analysis to examine issues in health, education, business, etc. For this purpose, they leverage mathematical models, statistical methods, and software to analyze data to understand and predict market trends.
Based on BLS data, the average yearly salary for economists as of May 2021 was $105,630. In addition, the employment of economists will increase by 13% between the years 2020 to 2030.
Note: Mathematics master-level salaries vary based on your work and years of work experience.
Actuaries
Actuaries are business professionals who use their mathematics and statistics expertise to define, examine, and resolve complex problems. Specifically, those that arise in the pension and insurance industries. They also design and oversee initiatives to lessen the financial toll of unemployment, accidents, illness, etc.
According to BLS, the average annual salary for actuaries in May 2021 was $105,900. Actuary careers may increase by 24% from 2020 to 2030, significantly faster than all other occupations.
Note: For graduates keen on master’s in mathematics jobs, the actuaries role is worth considering.
Master’s in Mathematics Salary
In May 2021, the average salary for mathematicians was approximately $108,100. The lowest 10% made less than $61,760, while the top 10% made more than $169,500.
Frequently Asked Questions: Online Master’s Degree Mathematics
Is a master’s degree in mathematics worth it?
Graduates with a master’s in mathematics work in financial and corporate establishments. In other words, they earn a significant paycheck. Hence, a master’s degree in this field is financially worth it.
Can a master’s degree be done online?
Yes. In fact, many different colleges and universities offer master’s degree programs online.
What can I do with a master’s in pure mathematics?
With a master’s in pure mathematics, you can utilize your skills in job positions such as GIS analyst, math tutor, and accountant. Other career choices include:
- Cryptographer,
- Data analyst,
- Math teacher,
- Operations research analyst,
- and lastly, statistical analyst
What does Online MS Mathematics mean?
“Online MS mathematics” is a master’s in mathematics degree offered via an online learning platform. In other words, these degrees may be taken entirely online or in hybrid or blended formats. Key factors to consider are whether courses are asynchronous or synchronous and if there are any on-campus requirements.
Can you get a Ph.D. in math online?
Yes, it’s possible to earn an online Ph.D. in mathematics. However, it’s uncommon to discover online Ph.D. programs focused on applied mathematics, statistics, and mathematics.
What is the best online math degree?
Some of the best online math degrees include:
- Online applied mathematics degree
- Master of science in statistics
What are the requirements to enroll in a master’s in mathematics degree?
In most online colleges and universities, the critical master’s in mathematics requirements are:
- Bachelor of arts or science degree in mathematics or a related field. Specifically those from an accredited institution.
- Undergraduate GPA not less than 2.8/3.0
Explore Mathematics Degrees Online Today!
Finally, we urge you to enroll in an online master’s degree mathematics program! You will find rewarding, stable careers with a graduate degree in this field. In the meantime, you’ll be able to make the most of your passion for mathematics in a flexible learning environment. Consider a mathematics degree online, particularly if you are a working student or looking for career advancement.
In conclusion, to learn more about other degree programs related to this, check out our educational resources to gain more insights.