Applied Mathematics Degree from Rochester Institute of Technology Return on Investment

See what the return on investment is for jobs that someone with a Applied Mathematics degree from Rochester Institute of Technology is likely to work in.

F D C B A
Approximate Total Payment $238,491
Approximate Total Interest $67,501
Monthly Payment $1656.18
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in applied mathematics from rochester institute of technology

Operations research analysts

Projection Rating: C

Median Annual Wage: $83,640

Percentage of Paycheck to Repay: 23.76%-17.68%

Employment Change: 28.3%

Entry-Level Education: Bachelor's degree

Data scientists

Projection Rating: B-

Median Annual Wage: $108,020

Percentage of Paycheck to Repay: 18.40%-13.69%

Employment Change: 73.1%

Entry-Level Education: Bachelor's degree

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Investing in your education is a critical decision, and choosing an Applied Mathematics degree from the Rochester Institute of Technology (RIT) can lead to significant returns. RIT’s Applied Mathematics program is designed to equip students with the analytical and problem-solving skills needed in today’s data-driven world, making graduates highly sought after in various industries.

One of the most compelling aspects of pursuing an Applied Mathematics degree at RIT is the strong return on investment (ROI) it offers. According to recent statistics, graduates from RIT enjoy competitive starting salaries, with many entering the workforce in high-demand roles. The rigorous curriculum emphasizes practical experience, ensuring that students are not only knowledgeable but also capable of applying their skills in real-world scenarios.

RIT’s extensive network of industry connections enhances the career prospects for Applied Mathematics graduates. The university has partnerships with leading companies, providing students with internship opportunities that can lead to job offers upon graduation. This hands-on experience is invaluable in today’s competitive job market, further increasing the ROI of your degree.

Additionally, RIT’s commitment to innovation and technology means that students are learning the latest methods and tools used in the field of Applied Mathematics. This forward-thinking approach prepares graduates to excel in roles such as data analyst, actuary, financial analyst, and more. The skills gained through this program translate directly into high earning potential and career advancement.

In summary, an Applied Mathematics degree from the Rochester Institute of Technology not only enriches your knowledge but also provides a strong return on investment. With excellent career prospects, competitive salaries, and the backing of a reputable institution, RIT sets you on the path to success in the evolving job market.

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.

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