Master of Science in Stochastic Systems and Optimization Postgraduate Program By Stevens Institute of Technology |Top Universities
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Master of Science in Stochastic Systems and Optimization

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Program overview

Main Subject

Mathematics

Study Level

Masters

Stochastics is the study of complex, randomized systems that tend to resist prediction. A broad spectrum of industries require skilled professionals that can bring clarity to the accumulating information overload, enabling everyone from doctors to financiers to make better predictions about an unknown future. Finance is often a focal point of stochastics, and there's no better place to study it than at Stevens — a stone's throw from the financial capital of the world. Stochastic Systems and Optimization Master's students are provided with the theoretical foundation and computational laboratory resources to tackle pure and applied problems in mathematics, in preparation for professional career opportunities as well as further study towards a Ph.D. in Mathematics. Students explore how phenomena, probability, and chance affect complex systems in a variety of disciplines. This program includes courses in statistics, stochastic processes, stochastic optimization, and stochastic optimal control theory. Master's students explore applications to financial systems, network design and routing, telecommunication systems, medicine, actuarial mathematics, and a number of other areas. Students are encouraged to apply the techniques they learn to problems derived from their professional work and interests.

Program overview

Main Subject

Mathematics

Study Level

Masters

Stochastics is the study of complex, randomized systems that tend to resist prediction. A broad spectrum of industries require skilled professionals that can bring clarity to the accumulating information overload, enabling everyone from doctors to financiers to make better predictions about an unknown future. Finance is often a focal point of stochastics, and there's no better place to study it than at Stevens — a stone's throw from the financial capital of the world. Stochastic Systems and Optimization Master's students are provided with the theoretical foundation and computational laboratory resources to tackle pure and applied problems in mathematics, in preparation for professional career opportunities as well as further study towards a Ph.D. in Mathematics. Students explore how phenomena, probability, and chance affect complex systems in a variety of disciplines. This program includes courses in statistics, stochastic processes, stochastic optimization, and stochastic optimal control theory. Master's students explore applications to financial systems, network design and routing, telecommunication systems, medicine, actuarial mathematics, and a number of other areas. Students are encouraged to apply the techniques they learn to problems derived from their professional work and interests.

Admission Requirements

7+
Other English Language Requirements accepted: TOEFL with a minimum score of 550(paper-based)and a computer-based TOEFL score of 210. 

Jan-2000

Tuition Fee

Domestic Students

0 USD
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International Students

0 USD
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Scholarships

One of the important factors when considering a master's degree is the cost of study. Luckily, there are many options available to help students fund their master's programme. Download your copy of the Scholarship Guide to find out which scholarships from around the world could be available to you, and how to apply for them.

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