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MAT2
Program Requirements Quarter Hours
Core 28
Electives 20
Degree Requirements 48 hours

Learning Outcomes

Students will be able to:

  • Demonstrate knowledge of the mathematical basis and foundations of probability and statistics necessary to develop and implement appropriate mathematical models.
  • Solve a computational problem by using appropriate numerical and statistical procedures with a focus on accuracy, error control, and efficiency.
  • Implement a variety of mathematical and statistical structures to model and analyze complex problems.
  • Identify, formulate, abstract, and solve mathematical problems using tools from a variety of mathematical areas including calculus, linear algebra, algebra, analysis, probability, and statistics.
  • Use computational and statistical software platforms to develop and execute various mathematical procedures and numerical algorithms.
  • Communicate mathematical ideas professionally, in verbal and visual form, by using appropriate terminology and notation.

 Degree Requirements

Required Core Courses - 7 courses / 28 credit hours

Course Title Quarter Hours
MAT 451PROBABILITY AND STATISTICS I4
MAT 452PROBABILITY AND STATISTICS II4
MAT 470ADVANCED LINEAR ALGEBRA4
MAT 484MATHEMATICAL MODELING4
MAT 485NUMERICAL ANALYSIS I4
MAT 486NUMERICAL ANALYSIS II4
MAT 487OPERATIONS RESEARCH: LINEAR PROGRAMMING4
Total Hours28

Electives - 5 courses / 20 credit hours

It is recommended that students concentrate on one or two focus areas to achieve depth, but they are not required to do so. Students are encouraged to discuss course selection with the program director or a faculty advisor.

FOCUS AREAS

1) Computational Mathematics

Course Title Quarter Hours
MAT 437COMPLEX ANALYSIS4
MAT 450ADVANCED STATISTICAL COMPUTING4
MAT 459SIMULATION MODELS AND MONTE CARLO METHOD4
MAT 481FOURIER ANALYSIS AND SPECIAL FUNCTIONS4
MAT 482PARTIAL DIFFERENTIAL EQUATIONS4
MAT 494GRAPH THEORY4

2) Optimization and Operations Research

Course Title Quarter Hours
MAT 450ADVANCED STATISTICAL COMPUTING4
MAT 453PROBABILITY AND STATISTICS III4
MAT 455STOCHASTIC PROCESSES4
MAT 459SIMULATION MODELS AND MONTE CARLO METHOD4
MAT 468MATHEMATICS FOR FINANCE4
MAT 488OPERATIONS RESEARCH: OPTIMIZATION THEORY4
MAT 494GRAPH THEORY4

3) Financial Mathematics

Course Title Quarter Hours
MAT 453PROBABILITY AND STATISTICS III4
MAT 455STOCHASTIC PROCESSES4
MAT 456APPLIED REGRESSION ANALYSIS4
MAT 459SIMULATION MODELS AND MONTE CARLO METHOD4
MAT 468MATHEMATICS FOR FINANCE4
MAT 469STOCHASTIC CALCULUS4
MAT 488OPERATIONS RESEARCH: OPTIMIZATION THEORY4
MAT 512APPLIED TIME SERIES AND FORECASTING4
MAT 515FINANCIAL MODELING4

4) Applied Mathematical Analysis

Course Title Quarter Hours
MAT 435MEASURE THEORY
MAT 436FUNCTIONAL ANALYSIS4
MAT 437COMPLEX ANALYSIS4
MAT 455STOCHASTIC PROCESSES4
MAT 469STOCHASTIC CALCULUS4
MAT 481FOURIER ANALYSIS AND SPECIAL FUNCTIONS4
MAT 482PARTIAL DIFFERENTIAL EQUATIONS4
MAT 488OPERATIONS RESEARCH: OPTIMIZATION THEORY4

5) Actuarial Science

Course Title Quarter Hours
MAT 453PROBABILITY AND STATISTICS III4
MAT 461ACTUARIAL SCIENCE I: THEORY OF INTEREST4
MAT 462ACTUARIAL SCIENCE II: BASIC CONTINGENCIES4
MAT 463ACTUARIAL SCIENCE III: ADVANCED CONTINGENCIES4
MAT 464LOSS MODELS I4
MAT 465LOSS MODELS II4
MAT 468MATHEMATICS FOR FINANCE4

Student Handbook

​Academic Probation

A student will be placed on academic probation at the time when his/her cumulative GPA falls below 2.70.

Academic Dismissal

A graduate student may be academically dismissed under one or more of the following violations of satisfactory progress: his/her cumulative GPA remains below 2.70 after one year of coursework while being on academic probation, or lack of progress toward degree completion.

Conditional Admission

Students whose undergraduate degrees were in majors other than mathematics or related fields may be conditionally admitted provided they complete the following minimum prerequisites as conditions: two years of calculus [the equivalent of MAT 150-MAT 152], multivariable calculus and linear algebra [the equivalent of MAT 260-MAT 262], and a course in statistics. Additionally, a course in computer programming is required.

Readmission

The same readmission standards outlined in the Graduate Student Handbook and approval of the program director are observed for students in these programs.

Transfer Credit

No more than two graduate courses (8 quarter credit hours or its semester equivalent) may be transferred from another DePaul program or institution provided that they are equivalent to courses offered in DePaul’s graduate program, and they did not count toward another degree either at DePaul or another institution. Written approval must come from graduate program director and associate dean for graduate studies.

Undergraduate Courses

No undergraduate courses shall count toward the graduate degree.

Graduation Requirements

Requirements include, but are not limited to, twelve graduate courses (48 credit hours) at a minimum cumulative GPA of 2.70.

Graduation with Distinction

A minimum cumulative GPA of 3.83 for coursework applied toward the applied mathematics degree is required for graduation with distinction.

Time Limitation

The degree is expected to be completed in a maximum of six years.​​​​​