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Mathematics · Applied Mathematics Rank #32 of 44

Applied Mathematicsat Northwestern University

Graduates earn $94,684/yr in their first year — about 51.0% above the national Applied Mathematics average. Base-case 10-year earnings $884K; scenarios range from $719K to $928K depending on AI disruption.

Evanston, IL Private nonprofit Bachelor's Degree
DegreeOutlook Score
54 AVERAGE
55
Optimistic
49
Pessimistic
Earnings
$94,684
1-year post-graduation
ROI
2.6x
Earnings : tuition
10-yr Base
$884K
Cumulative base-case earnings
AI Risk
Very High
60% task exposure
Program Analysis

What this degree looks like at Northwestern University

Your Northwestern Applied Math degree signals a deep analytical capability, highly valued by major employers in Chicago's finance, consulting, and tech sectors, as well as national research institutions. This elite program's rigorous curriculum prepares you for complex problem-solving, translating directly into roles requiring sophisticated quantitative modeling and strategic insight, like actuarial science or data analytics management. The strong alumni network and robust career services further amplify these opportunities, connecting you with top-tier firms actively seeking your specific skillset.

While routine computational tasks in this field face automation, your advanced understanding of mathematical principles and ability to develop novel solutions is far more resilient. Focus on interdisciplinary projects that blend your math expertise with coding, communication, or domain-specific knowledge to future-proof your career, ensuring you're designing the AI systems, not just feeding them.

AI Outlook Integration

Three scenarios, ten years out

Each scenario is a different assumption about how AI reshapes the career paths this major feeds into. Earnings projections stack the full 10-year cumulative trajectory; scores use the same 0–100 metric as the hero, recomputed under that scenario's assumptions.

Pessimistic
Mass Automation
$719K
10-year cumulative earnings
Scenario Score49/100
Earnings Multiple2.7x
Base Case
Moderate Integration
$884K
10-year cumulative earnings
Scenario Score54/100
Earnings Multiple3.3x
Optimistic
AI Augmentation
$928K
10-year cumulative earnings
Scenario Score55/100
Earnings Multiple3.5x
Earnings Trajectory

10 year projection

Year-by-year earnings under each scenario. Base case reflects BLS growth patterns applied to Northwestern University's starting earnings; optimistic and pessimistic adjust for AI's effect on each career path this major feeds into.

Career Paths

Where Applied Mathematics graduates typically work

Common career destinations for this program's graduates, weighted by the school's specific occupation mix. Salary is BLS national median; AI risk is per-role task-exposure research.

1
Natural sciences managers
+3.7% 10-yr growth · 8,500 openings/yr
$161,180/yr
High
2
Actuaries
+21.8% 10-yr growth · 2,400 openings/yr
$125,770/yr
High
3
Mathematicians
-0.7% 10-yr growth · 100 openings/yr
$121,680/yr
Very High
4
Economists
+1.2% 10-yr growth · 900 openings/yr
$115,440/yr
High
5
Data scientists
+33.5% 10-yr growth · 23,400 openings/yr
$112,590/yr
High
6
Financial risk specialists
+6.5% 10-yr growth · 4,800 openings/yr
$106,000/yr
High
Source: BLS Occupational Employment & Wage Statistics, May 2024. AI exposure from OpenAI GPTs-are-GPTs and Felten AIOE research.
Compare & Explore

Peer schools offering Applied Mathematics

How Northwestern University stacks up against other schools offering this major.

Highest earnings
Harvard University
MA · Private nonprofit
70
DW Score
$114K
1-yr earn
6.5x
ROI
Brown University
RI · Private nonprofit
68
DW Score
$99K
1-yr earn
4.0x
ROI
Stevens Institute of Technology
NJ · Private nonprofit
55
DW Score
$98K
1-yr earn
3.0x
ROI
Columbia University in the City of New York
NY · Private nonprofit
54
DW Score
$92K
1-yr earn
2.3x
ROI
Ohio State University-Main Campus
OH · Public
64
DW Score
$83K
1-yr earn
15.0x
ROI
Also at Northwestern University

Other top programs at Northwestern University

Other highest-scoring programs offered at Northwestern University, ranked by DegreeOutlook Score.

FAQ

Frequently asked about Applied Mathematics at Northwestern University

How does Northwestern University's Applied Mathematics program score?

A score of 54/100 reflects decent absolute metrics, but Northwestern University trails the majority of Applied Mathematics programs on relative rankings. Context matters more than the raw number.

How vulnerable is Applied Mathematics to AI automation?

AI won't 'replace' Applied Mathematics careers outright, but it is likely to reduce the number of job openings. We model 61% task exposure, which compresses field employment probability in our scenarios.

How affordable is Applied Mathematics at Northwestern University after financial aid?

Sticker price is $263,988, but the average net cost is $108,572 — a 59% discount. For students who qualify for aid, this program is considerably more affordable than it appears.