Online Master's Degrees > Online Master's Degrees in Math and Statistics

ONLINE MASTER'S DEGREE INMATH AND STATISTICS

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BEST SCHOOLS FOR ONLINE MATH AND STATISTICS PROGRAMS

Below you'll find a ranking of the best schools for online master's in math programs, including a detailed description of the school and program. We based the rankings for the top online math and science master's degrees on tuition, flexibility, prominence and similar degrees — you can read more in our methodology below.

These top online master's in math programs provide cutting-edge teaching strategies and experienced faculty, among other features.

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Rank	School	Tuition	% Grad Students in Online Courses	% Grad Degrees Conferred	Related Degrees
2.	Naval Postgraduate School	Tuition$0	% Grad Students in Online Courses45.04%	% Grad Degrees Conferred0.4%	Related Degrees1
5.	Colorado State University-Fort Collins	Tuition$9,628	% Grad Students in Online Courses37.51%	% Grad Degrees Conferred1.69%	Related Degrees2
6.	Central Methodist University-College of Graduate and Extended Studies	Tuition$5,688	% Grad Students in Online Courses45.22%	% Grad Degrees Conferred2.7%	Related Degrees1
7.	The University of Texas Rio Grande Valley	Tuition$5,439	% Grad Students in Online Courses29.57%	% Grad Degrees Conferred1.72%	Related Degrees1
10.	University of Central Florida	Tuition$6,916	% Grad Students in Online Courses39.4%	% Grad Degrees Conferred1.53%	Related Degrees1
17.	Slippery Rock University of Pennsylvania	Tuition$11,592	% Grad Students in Online Courses73.62%	% Grad Degrees Conferred4.63%	Related Degrees1
26.	Harvard University	Tuition$43,296	% Grad Students in Online Courses13.58%	% Grad Degrees Conferred1.49%	Related Degrees1
1.	Texas A & M University-College Station	Tuition$5,784	% Grad Students in Online Courses14.39%	% Grad Degrees Conferred2.65%	Related Degrees2
4.	Emporia State University	Tuition$5,922	% Grad Students in Online Courses83.71%	% Grad Degrees Conferred2.29%	Related Degrees1
9.	Harrisburg University of Science and Technology	Tuition$7,200	% Grad Students in Online Courses99.65%	% Grad Degrees Conferred4.9%	Related Degrees1
12.	Ball State University	Tuition$8,386	% Grad Students in Online Courses73.27%	% Grad Degrees Conferred1.03%	Related Degrees1
13.	North Carolina State University at Raleigh	Tuition$8,088	% Grad Students in Online Courses31.2%	% Grad Degrees Conferred2.94%	Related Degrees1
14.	National University	Tuition$11,232	% Grad Students in Online Courses82.06%	% Grad Degrees Conferred0.13%	Related Degrees1
18.	Western Kentucky University	Tuition$11,400	% Grad Students in Online Courses59.45%	% Grad Degrees Conferred1.21%	Related Degrees1
21.	The University of Tennessee-Knoxville	Tuition$11,044	% Grad Students in Online Courses17.32%	% Grad Degrees Conferred1.76%	Related Degrees1
23.	Oregon State University	Tuition$12,150	% Grad Students in Online Courses25.32%	% Grad Degrees Conferred3.49%	Related Degrees1
24.	Rochester Institute of Technology	Tuition$41,804	% Grad Students in Online Courses23.82%	% Grad Degrees Conferred3.75%	Related Degrees1
3.	Nicholls State University	Tuition$5,686	% Grad Students in Online Courses56.54%	% Grad Degrees Conferred3.78%	Related Degrees1
8.	The University of West Florida	Tuition$7,088	% Grad Students in Online Courses81.93%	% Grad Degrees Conferred5.39%	Related Degrees1
11.	Indiana State University	Tuition$7,128	% Grad Students in Online Courses53.7%	% Grad Degrees Conferred0.33%	Related Degrees1
15.	Iowa State University	Tuition$8,474	% Grad Students in Online Courses25.87%	% Grad Degrees Conferred2.56%	Related Degrees1
16.	University of Houston	Tuition$7,956	% Grad Students in Online Courses10.43%	% Grad Degrees Conferred2.04%	Related Degrees1
19.	Stanford University	Tuition$47,331	% Grad Students in Online Courses7.56%	% Grad Degrees Conferred5.76%	Related Degrees2
20.	Aurora University	Tuition$10,800	% Grad Students in Online Courses16.19%	% Grad Degrees Conferred1.62%	Related Degrees1
22.	University of South Carolina-Columbia	Tuition$12,398	% Grad Students in Online Courses29.65%	% Grad Degrees Conferred1.17%	Related Degrees1
25.	University of Washington-Seattle Campus	Tuition$15,207	% Grad Students in Online Courses7.82%	% Grad Degrees Conferred3.18%	Related Degrees1
27.	Columbia University in the City of New York	Tuition$43,552	% Grad Students in Online Courses6.35%	% Grad Degrees Conferred6.12%	Related Degrees1

MASTER'S IN MATH AND STATISTICS PROGRAM DETAILS

Common math concepts covered in a master's program include statistics, calculus, and linear algebra. These disciplines are used to develop models and analyze large amounts of data. In a master's in math program, students not only gain math skills, but also problem-solving and communication skills: Students often work in teams to create solutions to real-world problems faced by businesses and organizations. Furthermore, students in these programs are able to fine-tune their analytical skills, as they assess the various applications of computer programming languages and software packages.

The general arc of a program depends on whether it is grounded in theory or practical application. If it is grounded in theory, students will most likely be asked to complete a thesis at the end of their program to demonstrate the theoretical skills they have learned. Students in these types of programs typically continue their education in a Ph.D. program, or go on to teach math at the secondary or post-secondary level.

If a program focuses more on the practical application of math concepts, students may complete internships at insurance companies, tech companies, transportation service providers, or any organization needing to solve problems by analyzing large amounts of data. This hands-on experience gives graduates the experience necessary to transition smoothly into entry-level positions in the industry of their choice.

Graduates with a master's in mathematics have several career paths they can pursue: Those who choose to work in private industry might become scientific programmers. Others may wish to continue working on the theoretical side of the math field and conduct important research that expands the depth and breadth of the subject of math or statistics. In either case, many employers value this degree because it indicates a high level of mathematical and computing knowledge. The Society for Industrial and Applied Mathematics lists the following industries that employ mathematicians:

Aerospace (Boeing, Lockheed Martin)
Biotech (pharmaceutical manufacturers, medical device companies, etc.)
Finance (investment management firms)
Tech (computer information and software firms)
Transportation (UPS, Delta Airlines)
Research (academic and research institutes)
Government (agencies and research labs)

Though there is not a general certification requirement to be a mathematician or statistician, some areas of the field do require certification. For example, to be a high school math teacher, students will need to be certified in their state to teach math.

The accreditation status for most graduate math programs is covered through the general accreditation offered to the university. However, a program's involvement in certain associations, such as the American Mathematical Association, are good indicators of the faculty's connectedness within the field.

TOP CAREERS IN MATH AND STATISTICS

1. Natural Sciences Managers

These are the professionals that manage the work of chemists, physicists and biologists on research and development projects. They manage a wide range of activities, from testing to quality control to production. Understanding the mathematical models used by scientists on these projects is crucial for success in this job, in addition to having precision when analyzing data. These skills are learned in a master's in math and statistics program, and are further developed on the job.

Average Salary

$145,450

Projected Job Openings

6,100

Job Growth Potential

5.9%

2. Actuaries

Actuaries use math, statistics and financial theory to analyze risks to businesses and use data to minimize the cost of those risks. The insurance industry employs the most actuaries. They compile statistical data, design and implement insurance policies, and explain their calculations with charts and reports. To become a certified professional, a formal educational background in mathematics and statistics is essential.

Average Salary

$120,970

Projected Job Openings

2,200

Job Growth Potential

20.1%

3. Economists

Economists collect and analyze data that evaluates the economic issues that impact the production of resources, goods, and services. A typical day for an economist involves researching economic issues, conducting surveys, and interpreting data. A master's degree in mathematics gives students necessary exposure to statistics and calculus that allow them to analyze complex economic issues.

Average Salary

$116,630

Projected Job Openings

1,800

Job Growth Potential

8.1%

ADDITIONAL MATH AND STATISTICS JOBS AND SALARIES

JOB TITLE	AVERAGE SALARY	PROJECTED JOB OPENINGS	JOB GROWTH POTENTIAL
Statisticians	$95,680	5,300	30.7%
Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other	$94,160	30,900	6.2%
Secondary School Teachers, Except Special and Career/Technical Education	$65,930	80,300	3.6%
Survey Researchers	$65,760	1,500	1.2%

Statisticians

AVERAGE SALARY$95,680

PROJECTED JOB OPENINGS5,300

JOB GROWTH POTENTIAL30.7%

Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other

AVERAGE SALARY$94,160

PROJECTED JOB OPENINGS30,900

JOB GROWTH POTENTIAL6.2%

Secondary School Teachers, Except Special and Career/Technical Education

AVERAGE SALARY$65,930

PROJECTED JOB OPENINGS80,300

JOB GROWTH POTENTIAL3.6%

Survey Researchers

AVERAGE SALARY$65,760

PROJECTED JOB OPENINGS1,500

JOB GROWTH POTENTIAL1.2%

MATH AND STATISTICS SALARIES BY STATE

Average Salary for Math And Statistics

Average Annual Job Openings

Hourly Mean Wage

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ONLINE MASTER'S DEGREE INMATH AND STATISTICS