Best Online Master's in Mathematics Programs of 2023

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Updated June 5, 2023

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An online master's in mathematics can lead to careers in tech, academia, finance, and politics. The best programs are affordable and flexible.

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A master's degree can mean more job opportunities and a higher salary. And thanks to online master's programs, you can balance grad school with work more easily.

If you're interested in analytical and mathematical careers, an online master's in mathematics can help you reach your goals. With an online math master's degree, you can become a mathematician, statistician, or actuary. You can also become a math teacher.

Here, we highlight the best online math master's programs based on factors like academic quality, cost, and student outcomes.

Featured Online Math Programs

Top Online Master's Programs in Mathematics of 2023

#1 Best Online Master’s in Mathematics Programs of 2023

Ball State University

  • Muncie, IN
  • 4 years
  • Online + Campus

Ball State University offers two online master’s in mathematics education degree programs: a Masters in Mathematics Education (K-12) and a Masters in Post-Secondary Mathematics Education. The K-12 program offers further customization options through 3 concentrations: elementary and middle school teachers, secondary school teachers, and elementary and middle school specialists. Sample course titles include Teaching Mathematics through Problem Solving, Research Methods in Mathematics Education, and Technology for Math Teachers. Course delivery is asynchronous, meaning students of the master’s in mathematics can complete the online program at their own pace.

Average Undergrad Tuition
In-state
$9,482
Out-of-state
$26,470
Average Graduate Tuition
In-state
$9,328
Out-of-state
$25,542
Retention Rate
80%
Admission Rate
87%
Students Enrolled
21,597
Institution Type
Public
Percent Online Enrollment
90% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

#2 Best Online Master’s in Mathematics Programs of 2023

Texas A&M University

  • College Station, TX
  • 4 years
  • Online + Campus

Texas A&M University offers an online master’s in mathematics degree program featuring specializations in Mathematics Teaching and Computational Mathematics. This 36-semester hour program is a non-certification offering that can be completed within two to three years. The curriculum is prescribed and features courses such as History of Mathematics, Numerical Analysis, Iterative Techniques, and Linear Algebra. Master’s in mathematics online students receive the same diploma as on-campus students.

Average Undergrad Tuition
In-state
$8,395
Out-of-state
$36,849
Average Graduate Tuition
In-state
$6,775
Out-of-state
$19,048
Retention Rate
94%
Admission Rate
63%
Students Enrolled
70,418
Institution Type
Public
Percent Online Enrollment
33% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

#3 Best Online Master’s in Mathematics Programs of 2023

The University of Texas Rio Grande Valley

  • Edinburg, TX
  • 4 years
  • Online + Campus

The University of Texas Rio Grande Valley offers a versatile online masters in mathematics program featuring four distinct tracks: Mathematics, Industrial and Applied Mathematics, Mathematics Teaching, and Statistics. Depending on their chosen concentration, enrolled students will take courses like Ordinary Differential Equations, Mathematics Teaching and Learning, Algebraic Geometry, Integrating Technology into Mathematics, and Numerical Methods for Partial Differential Equations. As a capstone, online masters in mathematics degree students will complete a thesis, project, or comprehensive exam.

Average Undergrad Tuition
In-state
$7,233
Out-of-state
$17,049
Average Graduate Tuition
In-state
$6,458
Out-of-state
$13,820
Retention Rate
81%
Admission Rate
82%
Students Enrolled
32,441
Institution Type
Public
Percent Online Enrollment
97% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

#4 Best Online Master’s in Mathematics Programs of 2023

Kansas State University

  • Manhattan, KS
  • 4 years
  • Online + Campus

Kansas State University’s College of Education offers a 31-credit hour online master’s in mathematics education. The curriculum for the program is comprehensive and covers topics such as teaching and learning, educational technology, diversity, curriculum, and research and scholarship. Specific course titles include Advanced Methods for Teaching Mathematics K-12, Theoretical Methods of Mathematics Teaching and Learning, Assessment in Mathematics Education, and History of Mathematics Education. Scholarships are available for qualified master’s in mathematics online students.

Average Undergrad Tuition
In-state
$9,375
Out-of-state
$25,251
Average Graduate Tuition
In-state
$10,212
Out-of-state
$23,050
Retention Rate
87%
Admission Rate
94%
Students Enrolled
20,854
Institution Type
Public
Percent Online Enrollment
66% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

#5 Best Online Master’s in Mathematics Programs of 2023

Chadron State College

  • Chadron, NE
  • 4 years
  • Online + Campus

Chadron State College offers a masters in mathematics program online that features two tracks: a thesis track and a scholarly project track. Despite which track they choose, students will take educational core courses such as Statistical Methods and Data Analysis, Curriculum Development, Research Design and Data Analysis, and Sampling Techniques. The remaining 15-18 credit hours of the curriculum will consist of elective classes that students choose with guidance from an advisor. Classes are offered in an accelerated 8-week format, allowing students to complete more coursework in less time.

Average Undergrad Tuition
In-state
$5,208
Out-of-state
$5,236
Average Graduate Tuition
In-state
$4,185
Out-of-state
$8,370
Retention Rate
69%
Admission Rate
Not provided
Students Enrolled
2,330
Institution Type
Public
Percent Online Enrollment
77% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

Online Master's in Mathematics: Program Overview

Most online math master's programs require 30-36 credits of coursework and last around two years. Some programs may offer an accelerated one-year option.

Depending on the program, you may study applied math, number theory, probability, or math education. With an online program, you'll also get to take classes in a flexible format.

At the end of the program, you'll complete a master's thesis or project.

How to Choose an Online Master's in Mathematics Program

When comparing online math master's programs, consider factors like cost, program reputation, graduation requirements, and specialization options.

For example, if you're interested in statistics and applied mathematics, avoid choosing a program with a theoretical math focus.

When it comes to cost, look at the total cost of the degree. Make sure to factor in financial aid and the number of required credits. You can also ask programs about their graduation rates and graduate placements to determine the best fit for you.

Finally, be sure to apply to accredited institutions. Accredited universities meet high standards for academic quality. Independent accrediting agencies evaluate schools and award accreditation based on faculty qualifications, student learning outcomes, and academic mission.

You should choose an accredited university for your online math master's degree to make sure you receive a quality education.

Specializations for an Online MS in Mathematics

With an online master's degree in mathematics, you can typically choose a concentration, also known as a specialization or track.

Here are three common concentrations in online master's programs in mathematics:

  • Algebra: Algebra involves the study of equations. You'll study variables, constants, and expressions. Most STEM jobs require advanced algebraic knowledge. With a specialization in algebra, you could work as a market researcher or business analyst.
  • Trigonometry: Trigonometry refers to the relationship between angles and triangle sides. Statisticians, actuaries, and architects all use trigonometry to do their jobs.
  • Statistics: This specialization involves interpreting and presenting data. You'll learn how to draw conclusions from data using logic. You may work as a statistician or business analyst with a statistics specialization.

How Much Does a Master's in Mathematics Degree Cost?

Graduate tuition and fees cost an average of $19,749 in 2020-2021, according to the National Center for Education Statistics.

That said, how much you'll end up paying for your master's in mathematics degree will depend on multiple factors, including school type and your residency status.

In-state public universities usually offer the most affordable tuition rates. Some online programs may charge all online students the same tuition rates, regardless of residency.

Attending an online master's program in mathematics may save you money compared to attending an in-person program. You can often continue working and earning an income while pursuing your degree.

You also don't need to pay for campus housing, meal plans, or transportation to and from campus.

Still, make sure you budget for expenses like math textbooks and technology fees. Other expenses may include advanced calculators and computing software.

Career and Salary Outlook With a Master's in Mathematics

Earning a master's degree can lead to higher pay. According to Payscale, professionals with a bachelor's in math earn an average annual salary of $82,000, whereas professionals with a master's in mathematics earn $90,000 on average.

The Bureau of Labor Statistics (BLS) projects that math occupations will grow 29% between 2021 and 2031 — far faster than the average for all jobs. Professionals working in math roles earned a median annual salary of $98,680 in May 2021.

Here are some popular careers you can pursue with a master's in mathematics degree.

Master's in Mathematics Degree Jobs
Job Median Annual Salary (2021) Projected Growth Rate (2021-2031)
Mathematicians $108,100 0%
Actuaries $105,900 21%
Economists $105,630 6%
Data Scientists $100,910 36%
Statisticians $95,570 33%
Operations Research Analysts $82,360 23%
High School Math Teachers $61,820 5%
Source: BLS

Frequently Asked Questions About Master's in Mathematics Degrees

What are the highest paying jobs with a master's in mathematics degree?

The highest-paying jobs with an online master's in mathematics include mathematician, statistician, actuary, and economist. According to the BLS, mathematicians earned a median annual salary of $108,100 in May 2021.

Economists, actuaries, and data scientists similarly report median salaries in the six figures.

What can you do with a master's in mathematics degree?

With an online math master's degree, you can become a mathematician or statistician.

The analytical and theoretical skills from a graduate degree in math can also lead to roles in finance and insurance. For example, actuaries and economists often benefit from earning an MS in mathematics.

Many online math master's programs also offer a track for math teachers. Math is one of the highest-demand fields for educators. A master's in math education can prepare you to work as a high school math teacher.

What's the difference between an MA and an MS in mathematics?

A master's in math can take the form of either a master of arts (MA) or a master of science (MS). An MS typically focuses more heavily on math theory, whereas many MA programs emphasize math education.

Some universities may offer a master of education (M.Ed.) in math education.

When choosing between online master's in math programs, make sure to compare the curricula and degree requirements. You should also consider which degree best fits your professional goals and budget.

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