Computational Mathematics Degree from Rochester Institute of Technology Return on Investment

See what the return on investment is for jobs that someone with a Computational 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 computational mathematics from rochester institute of technology

Mathematicians

Projection Rating: C-

Median Annual Wage: $116,440

Percentage of Paycheck to Repay: 25.60%-19.05%

Employment Change: 0.1%

Entry-Level Education: Master'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

Don't see the job you're looking for? Click here.

The Computational Mathematics Degree from the Rochester Institute of Technology (RIT) offers a robust foundation in mathematical theory, computer science, and practical applications, providing students with a unique skill set that is in high demand across various industries. When considering the return on investment (ROI) of this degree, several key factors come into play.

First and foremost, the job market for computational mathematics graduates is flourishing. As businesses increasingly rely on data analysis, algorithm development, and complex problem-solving, the need for skilled professionals in this field continues to grow. Graduates of RIT's Computational Mathematics program are well-prepared to enter high-paying roles in sectors such as finance, engineering, technology, and academia.

According to recent statistics, RIT graduates report an average starting salary that significantly exceeds the national average for all bachelor’s degrees. This impressive earning potential translates into a favorable ROI, as graduates can expect to recoup their educational investment in a relatively short period. Additionally, RIT’s strong industry connections and career services provide students with valuable internship opportunities, further enhancing their employability and potential salary prospects upon graduation.

Moreover, the Computational Mathematics curriculum at RIT emphasizes experiential learning, equipping students with practical skills that are directly applicable to real-world scenarios. This hands-on approach not only enhances comprehension but also makes graduates more attractive to employers, thereby increasing their earning potential and long-term career growth.

In conclusion, pursuing a Computational Mathematics Degree from RIT is a strategic investment in your future. With a solid salary outlook, strong job placement rates, and a curriculum designed to meet the demands of today’s job market, graduates can confidently expect a high return on their investment. Choose RIT for a degree that combines rigorous academics with practical experience, setting you on a path to a rewarding career in computational mathematics.

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.

Get your personalized projection here!