Applied Mathematics Degree from Illinois Institute of Technology Return on Investment
See what the return on investment is for jobs that someone with a Applied Mathematics degree from Illinois Institute of Technology is likely to work in.
Top job projections for graduates in applied mathematics from illinois institute of technology
Operations research analysts
Projection Rating: C-
Median Annual Wage: $83,640
Percentage of Paycheck to Repay: 25.91%-19.28%
Employment Change: 28.3%
Entry-Level Education: Bachelor's degree
Data scientists
Projection Rating: C+
Median Annual Wage: $108,020
Percentage of Paycheck to Repay: 20.06%-14.93%
Employment Change: 73.1%
Entry-Level Education: Bachelor's degree
The decision to pursue an Applied Mathematics Degree from the Illinois Institute of Technology is not just an academic choice; it’s an investment in your future. With a curriculum that blends theoretical knowledge with practical applications, graduates are uniquely positioned to excel in a variety of fields, including finance, engineering, data science, and technology.
When evaluating the return on investment (ROI) of this degree, several factors come into play. First, the Illinois Institute of Technology has a strong reputation, consistently ranking among the top institutions for engineering and technology in the United States. This prestige translates into valuable networking opportunities and connections within the industry.
Graduates of the Applied Mathematics program often enjoy high starting salaries. According to recent statistics, the average starting salary for graduates in this field is significantly above the national average. With the demand for skilled mathematicians and data analysts on the rise, job opportunities are abundant, and many alumni secure positions with leading companies shortly after graduation.
Moreover, the curriculum is designed to equip students with in-demand skills that are applicable in various sectors. Courses in statistical analysis, computational mathematics, and applied modeling ensure graduates are well-prepared to tackle real-world challenges. This practical experience often leads to quicker career advancement and higher earning potential over time.
Additionally, the Illinois Institute of Technology offers various resources, including career services and internship placements, to further enhance the ROI for students. By participating in internships, students can gain valuable work experience, making them more competitive in the job market upon graduation.
In summary, an Applied Mathematics Degree from the Illinois Institute of Technology not only provides a robust educational foundation but also offers a promising return on investment. With strong earning potential, high demand for graduates, and extensive support from the institution, this degree is a smart choice for those looking to make a significant impact in their chosen field.
Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.