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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... Read more 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.Read less
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... Read more 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.Read less
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 fees
Domestic
0 USD
International
0 USD
Scholarships
Selecting the right scholarship can be a daunting process. With countless options available, students often find themselves overwhelmed and confused. The decision can be especially stressful for those facing financial constraints or pursuing specific academic or career goals.
To help students navigate this challenging process, we recommend the following articles:
Master of Science in Stochastic Systems and Optimization
MathematicsMain Subject Area
Program overview
Main Subject
Mathematics
Study Level
Masters
Read more 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. Read less
Program overview
Main Subject
Mathematics
Study Level
Masters
Read more 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. Read less
Admission Requirements
Tuition fees
Domestic
International
Scholarships
Selecting the right scholarship can be a daunting process. With countless options available, students often find themselves overwhelmed and confused. The decision can be especially stressful for those facing financial constraints or pursuing specific academic or career goals.
To help students navigate this challenging process, we recommend the following articles:
How to get a full scholarship
Looking for a fully-funded scholarship to see you into university? Find out how to boost your chances of getting one.
Scholarships to study abroad
Find scholarships to study abroad with our lists of international scholarships – categorized by country, by subject, and by type of student.
Scholarship Applications: Frequently Asked Questions
Get answers to all your questions about scholarship applications, including tips on how to find scholarships and chances of success.
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