Today's societal needs and problems are heavily dependent on mathematical and statistical tools. With a master's in applied mathematics from Florida Tech, graduates use their mathematical expertise with other disciplines (science, engineering, economics, medicine, and finance) to solve multifaceted challenges such as weather and climate conditions, the complexities of network analysis, changes in biodiversity, crime statistics, traffic jams and more.
Graduate students seeking a master's in applied mathematics are continual problem solvers who train themselves to continually ask "how?"
How can automotive systems become more efficient?
How might disease spread in populated areas in the event of bioterrorism?
How can we model the spread of fire depending on weather, ground cover and types of trees?
It is this kind of scientific exploration, combined with customized interdisciplinary training that gives students such a variety of career opportunities.
Graduate students work closely with the faculty and undergraduate students to gain experience in research, teaching and undergraduate training. A majority of the faculty has expertise in applied and computational mathematics and statistics. Co-supervisors from related departments such as engineering or science, collaborate with students when completing an interdisciplinary project.
Beyond the necessary core courses required, students seeking a master's in applied mathematics have the flexibility of forming a custom-made curriculum based on their research interests and future career goals. They graduate with the ability to understand and articulate solutions in a variety of fields, giving them an advantage when communicating with research and science funding agencies and employers. After receiving a master's in applied mathematics, many graduates also choose a doctoral program at Florida Tech.
Because graduates with a master's in applied mathematics typically are employed in scientific, engineering, business or government environments, hands-on practical experience is an important aspect of the program at Florida Tech. Research projects at Florida Tech vary from real life challenges, which you might find in a job, to theoretical problems that contribute to the field. Students take part in research projects with faculty and fellow graduate students in many different disciplines of mathematics, as well as areas of science, engineering, medicine and business through interdisciplinary teams. Graduate students have an opportunity for internship positions and teaching assistantships.
Florida Tech's Mathematical Sciences Department offers master's in applied mathematics candidates' state-of-the-art computer labs furnished with Mathematica, MATLAB, R, Sage, SPSS and Microsoft Office. In addition, the department is the home to the university's parallel computing lab, and a new computational mathematics and statistics research lab that includes a state-of-the-art 55" touchscreen Mondopad.
There are many reasons to choose Florida Tech for an applied mathematics master's degree. Florida Tech has one of only 30 applied mathematics programs in the United States. The university also offers students the tools and resources they expect to find at a large university in a smaller, more intimate college environment. Careers in applied mathematics are some of the highest-paying, most available jobs for graduates.
One of the first benefits of an applied mathematics master's degree at Florida Tech is its flexibility – allowing graduate students to design a curriculum that fits their research interests and career goals. As a national research university, Florida Tech is committed to providing students with a variety of research experiences in as many areas of their field as possible, opening up careers in a wide range of industries.
Florida Tech boasts a small faculty-to-student ratio with a close-knit academic community – a rarity for an applied mathematics master's degree program. Professors in the math department have doctoral degrees in applied and computational mathematics and statistics. They teach all courses (not graduate students), supervise research projects and conduct their own meaningful research studies on topics currently important to the field.
Graduate students participate in research on many applied mathematics topics with faculty and fellow graduate students. Research is conducted in areas of science, engineering, medicine and business through interdisciplinary teams, as well as in the areas of concentration needed for the student's applied mathematics master's degree program. Graduate students take part in summer internships to gain industry and research experience at companies such as Harris Corp., Intersil, Oak Ridge National Research Lab, NASA/Kennedy Space Center and Microsoft.
The facilities and resources available for students are important for students in an applied mathematics master's degree program and Florida Tech doesn't disappoint. Besides access to the engineering and science labs, there are four mathematics labs that feature advanced software such as Wolfram Mathematica, MATLAB, the R Project, Sage, and IBM SPSS. The new computational mathematics and statistics research lab includes a 55-inch touchscreen Mondopad.
Another of the benefits to choosing Florida Tech for an applied mathematics master's degree is its location within the Florida High Tech Corridor – home to more than 5,000 high-tech companies and the fifth largest high-tech workforce in the nation.
Graduates with an applied mathematics master's degree who wish to continue their research and elevate their subject matter expertise can enter the doctoral program at Florida Tech. Specializations include nonlinear analysis, stochastic analysis, optimization, numerical analysis scientific computing and statistics. Doctoral graduates can continue into academia as professors teaching the next generation of students or bring their expertise into the workforce as consultants.
Internships and research opportunities are part of the applied mathematics programs available to Florida Tech graduate students.
Most graduate students take part in summer internships to gain industry and research experience at companies such as Harris Corp., Intersil, NASA/Kennedy Space Center and Microsoft. Internship opportunities are a vital part of the applied mathematics program as they provide opportunities for students to use the skills they've learned in the classroom to develop solutions for complicated real-life problems they'll encounter in their career.
The opportunities in the applied mathematics programs at Florida Tech include teaching assistantships, if qualified. This is a valuable experience for students looking to continue in the field as professors. It is also a chance for students in any career path to enhance communication and organization skills.
Research projects in applied mathematics vary from real-life problems to theoretical challenges that establish a foundation for future applied mathematics careers. The applied mathematics programs in research are diverse, with students working with faculty, fellow graduate students and interdisciplinary research teams. Some projects Florida Tech students are involved in include:
Mathematical biology: Models and computational methods to explore problems that involve complex fluids such as platelet aggregation
Nonlinear Analysis: ODEs and PDEs, Potential Theory, Optimal Control and Inverse Problems
Dynamical Systems and Chaos Theory
Image processing: Satellite imagery, bio-imaging and global warming research
Biostatistics: Stem cell research
Stochastic analysis: Strategic defense of networks, antagonistic stochastic games and stochastic finance
Computational Number Theory
Students in the applied mathematics programs at Florida Tech also work with research organizations such as:
Society for Industrial and Applied Mathematics (SIAM)
Mathematical Biology Institute
Oak Ridge National Lab
Institute for computational and Experimental Research in Mathematics
National Institute for Mathematical and Biological Synthesis
Graduate students can submit research findings to SIAM journals, mathematical biology journals and publications of the American Mathematical Society for publication consideration.
Florida Tech's student chapter of the Society for Industrial and Applied Mathematics is dedicated to bringing together mathematics, technology and science students to inspire cooperative efforts to fix many of the world's biggest problems.
Infinity Math Club is a student-run group that brings together students of all disciplines to learn more about mathematics and discover new ways of looking at the field. The club holds regular meetings to discuss different projects and theories in math.
Providing students the opportunity to pursue the intersection between science, engineering, technology and math are what careers in applied mathematics are all about. Florida Tech graduates accept teaching positions, choose to work in finance or business, or become part of a government research laboratory. Because the applied mathematics program at Florida Tech is interdisciplinary, graduates find a wealth of careers in applied mathematics available to them.
The Occupational Outlook Handbook, published by the U.S. Department of Labor Bureau of Labor Statistics (BLS), provides information about specific jobs including median annual pay, working conditions and job outlook. According to the bureau, careers in math are forecast to continue to grow 14 percent on average through 2020. Check the handbook for job descriptions, job outlook and information on similar occupations.
Graduates with a master's in applied mathematics work in a variety of industries including government labs and research agencies, medical device manufacturers, chemical companies, electronics firms, and aerospace companies. Florida Tech's customizable curriculum makes it easy for graduates to become experts in a specialized field, making them even more attractive to employers. Companies that have recruited Florida Tech students include Harris Corporation, Lockheed Martin, Boeing, DRS Optronics, Kennedy Space Center, NASA, and the Space Telescopic Science Institute.
Graduate students can look forward to applied mathematics careers such as:
Data Mining / Data Privacy
Finance and Economics
Computer Systems Analyst
Market Research Analyst
Entry-level applied mathematics salaries are reported by PayScale.com to be $50,800 with potential to grow to $102,000. PayScale.com is an online salary information company that helps people obtain accurate real-time information on job market compensation. Other careers in applied mathematics that also provide good salary potential are:
Actuarial mathematician: $56,100 – $112,000
Statistician: $49,300 – $99,500
Economist: $48,500 – 94,900
Check PayScale.com for the most recent information on this and other careers.
Some examples of the organizations, corporations and research institutes that hire mathematicians include:
Government labs and research agencies (Department of Homeland Security, National Security Administration, National Institutes of Health and others)
Electronics and computer manufacturers
Aerospace and transportation equipment manufacturers
Medical device companies
Academic institutions and research institutes
Financial service and investment management firms
Chemical or pharmaceutical manufacturers
In addition to the many careers in applied mathematics graduates find, they can also continue their education in a doctoral program at Florida Tech in one of several areas of specialization including nonlinear analysis, stochastic analysis, optimization, numerical analysis, scientific computing and statistics.
On average, graduates with a Ph.D. have higher salaries and employment rates than those with a master's or bachelor's degree, according to the U.S. Bureau of Labor Statistics. Doctoral graduates can continue into academia as professors teaching the next generation of students or bring their expertise into the workforce as consultants. For full-time doctoral graduate research assistants, full-pay tuition scholarships are available.