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Applied Math Jobs in Chicago, IL (NOW HIRING)

Teaching Assistant

Wheaton, IL · On-site

$13.75 - $17.50/hr

Applied Mathematics/Applied Math (with a score of 4) * Reading for information/Workplace Documents (with a score of 4) Duties and Responsibilities May Include: * Monitor and assist students in their ...

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Applied Math information

See Chicago, IL salary details

$23.2K

$60.6K

$97.3K

How much do applied math jobs pay per year?

As of Aug 19, 2026, the average yearly pay for applied math in Chicago, IL is $60,611.00, according to ZipRecruiter salary data. Most workers in this role earn between $46,400.00 and $72,100.00 per year, depending on experience, location, and employer.

What is an applied mathematician?

Applied mathematicians are professionals who use mathematical theories, techniques, and computational methods to solve practical problems in fields such as engineering, science, business, and industry. They often develop models to analyze real-world phenomena, optimize processes, and predict outcomes. Applied mathematicians may work in diverse areas like data analysis, operations research, finance, and computer science, collaborating with experts from other disciplines to address complex challenges.

What are the key skills and qualifications needed to thrive as an applied mathematician, and why are they important?

To thrive as an Applied Mathematician, you need strong mathematical modeling, analytical, and problem-solving skills, usually supported by a degree in mathematics, applied mathematics, or a related field. Familiarity with programming languages (such as Python, MATLAB, or R), statistical software, and computational tools is typically required. Excellent communication, teamwork, and critical thinking abilities help translate complex mathematical concepts for diverse audiences and collaborative projects. These skills are vital for developing solutions to real-world problems across industries, ensuring accuracy, innovation, and practical impact.

What are some typical projects or problems an applied mathematician may work on within a multidisciplinary team?

Applied mathematicians often collaborate with experts from fields such as engineering, computer science, and finance to tackle real-world challenges. For example, they might develop algorithms for optimizing logistics and supply chains, create mathematical models to predict disease spread in healthcare, or analyze large data sets to inform business strategies. This collaboration typically involves regular meetings, data sharing, and iterative problem solving, making strong communication skills and adaptability essential for success in the role.

What is the difference between Applied Math vs Data Analyst?

AspectApplied MathData Analyst
Required CredentialsBachelor's or higher in Mathematics, Applied Math, or related fieldsBachelor's or higher in Statistics, Data Science, or related fields
Work EnvironmentResearch labs, academia, finance, engineeringBusiness, finance, healthcare, marketing
Industry UsageModeling, simulations, algorithm developmentData interpretation, reporting, visualization
Common Search/ComparisonApplied Math vs Data Analyst

Applied Math and Data Analysts often share skills in statistical analysis and problem-solving. However, Applied Math focuses more on developing mathematical models and algorithms, while Data Analysts primarily interpret and visualize data to inform business decisions. Both roles are vital across industries, but their daily tasks and focus areas differ significantly.

Is applied math a useful degree?

Applied math is a useful degree for careers in data analysis, finance, engineering, and research, as it develops skills in problem-solving, modeling, and quantitative analysis. Graduates often find employment in industries that rely on mathematical and computational tools, and the degree can lead to roles requiring programming and statistical knowledge.

Is applied math in demand?

Applied math professionals are in high demand across industries such as finance, data analysis, engineering, and technology due to their skills in modeling, problem-solving, and quantitative analysis. Employers seek candidates with strong analytical abilities and proficiency in tools like MATLAB, Python, or R, making applied math a valuable and often well-compensated field.

What careers use applied math?

Applied math is used in careers such as data analyst, financial analyst, operations researcher, actuary, engineer, and computer scientist. These roles involve using mathematical models, statistical techniques, and computational tools to solve real-world problems across industries like finance, technology, healthcare, and engineering.

What to do with a degree in applied math?

A degree in applied math prepares individuals for roles such as data analyst, operations researcher, financial analyst, or software developer. It involves skills in problem-solving, statistical analysis, and programming, often utilizing tools like MATLAB, Python, or R. Graduates can work in industries including finance, technology, engineering, and consulting.

What are popular job titles related to Applied Math jobs in Chicago, IL?

For Applied Math jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Applied Math jobs in Chicago, IL look for?

The top searched job categories for Applied Math jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Applied Math jobs?

Cities near Chicago, IL with the most Applied Math job openings:

Infographic showing various Applied Math job openings in Chicago, IL as of August 2026, with employment types broken down into 79% Full Time, and 21% Part Time. Highlights an 93% In-person, and 7% Remote job distribution, with an average salary of $60,611 per year, or $29.1 per hour.

William H. Kruskal Instructor of Statistics, Computational and Applied Mathematics

The University of Chicago

Chicago, IL • On-site

Full-time

Medical, Retirement, PTO

Re-posted 11 days ago


University Of Chicago rating

8.1

Company rating: 8.1 out of 10

Based on 47 frontline employees who took The Breakroom Quiz

162nd of 619 rated colleges and universities


Job description

Description
The University of Chicago Department of Statistics invites applications for the position of William H. Kruskal Instructor. We seek recent or expected Ph.D. graduates doing advanced research with a connection to applied mathematics, computational mathematics, or machine learning. Kruskal Instructor responsibilities include engagement in independent research and teaching up to three quarter-long courses per year. The appointment is for a term of up to three years.
The University of Chicago has the highest standards for scholarship and academic quality, is dedicated to fundamental research, and has an inherently inter-disciplinary structure that is very supportive of newly emerging research opportunities.
Qualifications
Required: Completion of all requirements for the Ph.D. in mathematics, statistics, computer science, or a related field by the time of hire.
Preferred: Research interests related to those of faculty in the Committee on Computational and Applied Mathematics https://cam.uchicago.edu/people/#faculty.
Application Instructions
Applications must be submitted online through the University of Chicago's Academic Jobs website: apply.interfolio.com/171613 . Review of applications will begin on November 1, 2025 and will continue until all positions are filled.
The following materials are required:
  • cover letter;
  • curriculum vitae including a list of publications;
  • statement describing past and current research accomplishments and outlining future research plans;
  • teaching statement;
  • three confidential letters of reference, at least one of which addresses teaching ability.

This position is benefits-eligible. The University of Chicago offers a wide range of benefits programs and resources for eligible employees, including health, retirement, and paid time off. Information about the benefit offerings can be found in the Benefits Guidebook.
Equal Employment Opportunity Statement
The University of Chicago is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender, gender identity or expression, national or ethnic origin, shared ancestry, age, status as an individual with a disability, military or veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.
Job seekers in need of a reasonable accommodation to complete the application process should call 773-834-3988 or email equalopportunity@uchicago.edu with their request.

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