If you plan on getting your master's degree in applied mathematics, you won't be alone since the degree program is ranked #35 in the country in terms of popularity. So, you have a fair amount of options to choose from when looking for a school.
In 2025, College Factual analyzed 70 schools in order to identify the top ones for its Best Applied Mathematics Master's Degree Schools ranking. When you put them all together, these colleges and universities awarded 6,541 master's degrees in applied mathematics during the <nil> academic year.
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Choosing a Great Applied Mathematics School for Your Master's Degree
Your choice of applied mathematics for getting your master's degree school matters. This section explores some of the factors we include in our ranking and how much they vary depending on the school you select. Below we explain some of the most important factors to consider before making your choice:
Overall Quality Is a Must
The overall quality of a master's degree school is important to ensure a good education, not just how well they do in a particular major. To take this into account we include a school's overall Best Colleges for a Master's Degree ranking which itself looks at a host of various factors like degree completion, educational resources, student body caliber and post-graduation earnings for the school as a whole.
Average Early-Career Salaries
Average early-career salary of those graduating with their master's degree is one indicator we use in our analysis to find the schools that offer the highest-quality education. After all, your master's degree won't mean much if it doesn't help you find a job that will help you earn a living.
Other Factors We Consider
The metrics below are just some of the other metrics that we use to determine our rankings.
Major Focus - How many resources a school devotes to applied mathematics students as compared to other majors.
Major Demand - The number of applied mathematics students who choose to seek a master's degree at the school.
Educational Resources - How many resources are allocated to students. These resources may include educational expenditures per student, number of students per instructor, and graduation rate among other things.
Student Debt - How much debt applied mathematics students go into to obtain their master's degree and how well they are able to pay back that debt.
Accreditation - Whether a school is regionally accredited and/or accredited by a recognized applied mathematics related body.
Our complete ranking methodology documents in more detail how we consider these factors to identify the best schools for applied mathematics students working on their master's degree.
Since picking the right college can be one of the most important decisions of your life, we've developed the Best Applied Mathematics Master's Degree Schools ranking, along with many other major-related rankings, to help you make that decision.
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Best Schools for Master’s Students to Study Applied Mathematics in the United States
Below you'll see a list of the best colleges and universities for pursuing a master's degree in applied mathematics. Only those schools that rank in the top 20% of all the schools we analyze get awarded with a place on this list.
Any student pursuing a degree in a master's degree in applied mathematics has to check out Johns Hopkins University. Located in the city of Baltimore, Johns Hopkins is a private not-for-profit university with a fairly large student population.
Those applied mathematics students who get their master's degree from Johns Hopkins University earn $39,729 more than the standard applied math student.
Located in the city of Nashville, Vanderbilt is a private not-for-profit university with a fairly large student population.
Those applied mathematics students who get their master's degree from Vanderbilt University receive $52,942 more than the standard applied math graduate.
The bars on the spread charts above show the distribution of the schools on this list +/- one standard deviation from the mean.
The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of the rest of our data about colleges.
Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
Your choice of applied mathematics for getting your master's degree school matters. This section explores some of the factors we include in our ranking and how much they vary depending on the school you select. Below we explain some of the most important factors to consider before making your choice:
