The 10 Best Master’s in Applied Mathematics and Applied Statistics Online for 2019

By BCR Staff
August 2018

The field of applied mathematics represents the intersection of theories in mathematical science and the real-world application of mathematical principles and an online master's in applied mathematics is more than just a convenient way to earn a degree. Professionals with an applied mathematics background are employed in diverse fields such as computer science, genetics, quantitative finance, materials science, city planning, genetics, and materials science, for instance. In this ranking, we explore the top 10 online master in applied mathematics and applied statistics programs. For more general information regarding online learning visit our ranking of top online colleges.

Rating and Ranking Methodology
Tuition Points:

  • Under $25,000—1 point
  • Under $20,000—2 points
  • Under $15,000—3 points
  • Under $10,000—4 points

U.S. News & World Report's Ranking of Top Mathematics Programs

  • Top 10—5 points
  • Top 25—4 points
  • Top 50—3 points
  • Top 75—2 points
  • Top 100—1 point

Customization Options
• Format Customizations (e.g. Hybrid/Online, Full-time/Part-Time, Accelerated, Degree Completion, etc.)—1 Point Per Customization Option
• Content Customizations (e.g. Minors, Concentrations, Specializations, etc.)—1 Point Per Customization Option (5-point cap)

Wow Factor
• 1 point awarded for each unique feature or program that "wowed" us

Ranking the Best Online Master Degree in Applied Mathematics and Statistics Programs

To compile this ranking of the top online master in applied mathematics and statistics programs, our editors first conducted an exhaustive search to identify the 16 such programs currently available. We then probed these programs for information regarding affordability, versatility, and collegiate reputation. In applying the rating and ranking methodology above, we consulted College Navigator, U.S. News & World Report, and each program's website. The results are produced below in our ranking of the top 10 online master degree in applied mathematics and statistics programs. Note that in cases of a tie, the more affordable program received the higher ranking.

#10 –University of Delaware

Master of Applied Statistics Online

Website
Points: 3
The University of Delaware offers a unique online master in applied statistics from its College of Agriculture and Natural Resources. This 30-credit hour offering consists of 15-week courses such as Design and Analysis of Experiments, Applied Multivariate Methods, Regression Analysis, Statistical Quality Control, and Biostatistics, for example. Students work towards their degree on a part-time basis, and they may opt to complete an optional research project. Graduates of this master degree in applied statistics online program pursue careers as supply chain managers, biostatisticians, network administrators, quality engineers, and data modelers, for instance.
In-State Tuition: $31,860

#9 –Columbia University in the City of New York

MS in Applied Mathematics Online

Website
Points: 5
Columbia University in the City of New York offers a fully online master in applied mathematics program through the Fu Foundation School of Engineering and Applied Science. The 30-credit hour program features core courses such as Analytic Methods for Partial Differential Equations, Introduction to Nonlinear Dynamic Systems, Functions of a Complex Variable, and Applied Functional Analysis. Students will also take electives like Stochastic Models, Mechanical Behavior of Structural Materials, and Computational Learning Theory.
In-State Tuition: $44,864

#8 –Pennsylvania State University- World Campus

Online Master of Science in Applied Statistics

Website
Points: 5
Penn State World CampusThe online master in applied statistics degree program from Penn State University-World Campus can be completed within two to five years, depending upon the student's desired pace. The 30-credit hour curriculum for the program covers topics such as data analysis, predictive analytics, and biostatistics techniques, for example. The curriculum is balanced, including 15 credits of required courses and 15 credits of electives. Students will take courses like Regression Methods, Applied Parametric Statistics, Design of Experiments, and Statistical Analysis System Programming. Graduates of this online master degree in applied statistics program go on to work as project managers, economists, insurance researchers, statistical consultants, and market researchers, for example.
In-State Tuition: $20,470

#7 –California University of Pennsylvania

Online Professional Master of Science in Applied Mathematics

Website
Points: 5
The California University of Pennsylvania offers an accelerated online master in applied mathematics program that can be completed within 13 months of full-time study. The 30-credit hour curriculum for the program is comprised of core courses such as Advanced Multivariate Statistics, Applied Cryptography, Project Management, and Optimization and Operations Research. Students follow a cohort model, and there are three cohort starts per year. A graduate certificate in Data Science is also available. Master's degree in applied statistics online students must complete an internship to meet the requirements for this program.
In-State Tuition: $12,000

#6 –University of Kentucky

Online MS in Applied Statistics

Website
Points: 6
The University of Kentucky offers a flexible master's program in applied statistics online with both full-time and part-time options. Students can work towards their degree at their own pace, choosing between 1-year, 2-year, and 4-year tracks. The curriculum for the program is comprised of 11 courses: five required and six electives. Featured courses include Foundations of Probability and Inference, Advanced Statistical Modeling, Statistical Quality Control, and Computational Theory and Data Visualization. This online master degree in applied statistics is offered through the school's College of Arts and Sciences.
In-State Tuition: $11,363

#5 –Oklahoma State University

Master of Science in Applied Statistics Online

Website
Points: 6
Oklahoma State University's affordable online master in applied statistics is a 36-credit hour offering made available through OSU's Department of Statistics. Required courses for the degree include Statistics for Experimenters, Multivariate Methods, and Mathematical Statistics. Students will also have the opportunity to choose from electives like Categorical Data Analysis, Time Series Analysis, and Nonparametric Methods. An applied masters creative component is also required for this MS degree in applied mathematics online, though students do not have to complete a thesis or comprehensive exam.
In-State Tuition: $5,359

#4 –University of Washington

Online MS in Applied Mathematics

Website
Points: 7
The online master of science in applied mathematics program from the University of Washington is an interdisciplinary offering that follows a cohort model. The comprehensive, 36-credit hour curriculum features core courses such as Fundamentals in Optimization, Computational Methods for Data Analysis, Vector Calculus and Complex Variables, and Numerical Analysis of Boundary Value Problems. Course delivery is a blend of synchronous and asynchronous components, and proctored exams are required. This master in applied mathematics online degree can be earned completely online.
In-State Tuition: $15,207

#3 –Texas A&M University

Online Master of Science in Statistics: Applied Emphasis

Website
Points: 7
The online master in applied statistics program from Texas A&M University is an online MS in Statistics with an applied emphasis. This non-thesis offering includes core courses such as Spatial Statistics, Categorical Data Analysis, Multivariate Analysis, and Applied Analytics. Proctored exams are required, and course delivery is synchronous, meaning students will be required to log in at certain times to view live streams of classes. Most online master degree in applied statistics students complete this program within three to four years, and they receive the same diploma as on-campus students.
In-State Tuition: $5,941

#2 –Colorado State University

Online Master of Applied Statistics

Website
Points: 8
Colorado State University Top Online Bachelor's in FinanceColorado State University offers a highly flexible online master in applied mathematics, allowing students to complete their degree within 1, 2, 3, or 4 years depending on their pace. Course delivery is asynchronous as well, meaning students can log in whenever they choose to view course content or complete assignments. Course titles include Computing Skills for Statistical Analysis, Probability with Applications, Computational and Graphical Statistics, and Methods in Simulation and Computation. Graduates of this master degree in applied statistics online program find advanced employment opportunities in insurance, retail, finance, banking, healthcare, and more.
In-State Tuition: $9,000

#1 –Johns Hopkins University

Online Master of Science in Applied and Computational Mathematics

Website
Points: 11
Johns Hopkins University's Whiting School of Engineering offers a master in applied mathematics online program that can be completed either completely online or via a hybrid format. This highly versatile program features five distinct focus areas: Applied Analysis; Information Technology and Computation; Operations Research, Probability, and Statistics; and Simulation and Modeling. All students will take core courses such as Statistical Methods and Data Analysis, Probability and Stochastic Process, and Theory of Statistics. A post-master's certificate is also available in addition to this online master degree in applied mathematics.
In-State Tuition: $52,170

This concludes our ranking of the Top Online Master's in Applied Mathematics and Applied Statistics, thanks for checking it out!

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