The 5 Best Master's in Applied Mathematics and Applied Statistics Online
Updated October 12, 2022 · 2 Min Read
Master's in Applied Mathematics and Applied Statistics Online
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 5 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 5 online master degree in applied mathematics and statistics programs. Note that in cases of a tie, the more affordable program received the higher ranking.
Featured Online Schools
Online Master of Science in Applied and Computational Mathematics
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
Online Master of Applied Statistics
Points: 8
Colorado 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
Online Master of Science in Statistics: Applied Emphasis
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
Online MS in Applied Mathematics
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
Master of Science in Applied Statistics Online
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
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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