M.S. in Accounting
The Master of Science (M.S.) in Accounting program at the University of Massachusetts L...
Professional Science Master’s in Industrial Mathematics (PSM)
Lowell, Massachusetts
INTAKE: Fall, Spring
Program Overview
The Professional Science Master’s in Industrial Mathematics (PSM) program at the University of Massachusetts Lowell (UMass Lowell) is a specialized graduate program designed to equip students with advanced mathematical skills and practical problem-solving abilities to excel in various industries. The program combines rigorous academic coursework with real-world experiences, preparing graduates for successful careers as mathematical professionals in the corporate world.
Curriculum: :
1. Interdisciplinary Curriculum: The PSM program offers an interdisciplinary curriculum that integrates advanced mathematical concepts with practical applications in different industries. Students develop expertise in areas such as statistical analysis, data science, optimization, modeling, and computational mathematics.
2. Hands-on Experience: The program emphasizes hands-on learning experiences through industry projects, internships, and collaborations with businesses. Students have the opportunity to apply their mathematical knowledge to real-world challenges, gaining valuable practical experience.
3. Industrial Partnerships: UMass Lowell has strong connections with various industries, leading to partnerships with companies and organizations. These collaborations provide students with exposure to industry practices and potential networking opportunities for future career prospects.
4. Faculty Expertise: The program is led by experienced faculty members who are experts in their respective fields of mathematics. Their guidance and mentorship ensure that students receive a high-quality education and stay updated with the latest trends and advancements in the industry.
5. Cutting-Edge Facilities: UMass Lowell provides state-of-the-art facilities, including computer labs equipped with advanced mathematical software, allowing students to engage in cutting-edge research and analysis.
6. Capstone Projects: As part of the program, students work on capstone projects, applying their mathematical skills to solve real-world problems. These projects demonstrate their abilities to address complex issues faced by industries.
7. Flexibility: The PSM program offers flexibility, allowing students to customize their studies based on their specific interests and career goals. Students can choose elective courses from various domains, including finance, engineering, healthcare, and technology.
8. Professional Development: UMass Lowell offers various professional development opportunities, including workshops, seminars, and networking events, to enhance students' soft skills, communication, and leadership abilities.
9. Job Placement Assistance: UMass Lowell provides job placement assistance and career counseling to help students explore job opportunities and transition smoothly into their careers after completing the program.
The Professional Science Master’s in Industrial Mathematics (PSM) program at UMass Lowell prepares graduates to become highly skilled mathematical professionals capable of making a significant impact in industries that rely on advanced quantitative analysis, problem-solving, and data-driven decision-making. With a focus on practical experience, interdisciplinary learning, and industry partnerships, the program equips students with the knowledge and skills needed to succeed in a wide range of professional roles involving mathematics in the corporate world.
Location
Lowell, Massachusetts
Score
IELTS: 6.5
Tuition Fee
USD 30551
Entry Requirements for Postgraduate Programs
Application Fees: US$ 50
1. Academic Requirements:
- International students applying for postgraduate programs at UMass Lowell are required to have a minimum undergraduate GPA of 3.0 on a 4.0 scale or its equivalent. This typically translates to a percentage of 70% and above in their previous academic studies.
2. English Language Proficiency:
- For non-native English speakers, UMass Lowell requires proof of English language proficiency through standardized tests like IELTS or TOEFL. The minimum required scores are as follows:
- IELTS: An overall score of 6.5 with no individual band score below 6.
- TOEFL iBT: An overall score of 79.
- DET: An overall score of 105.
UMass Lowell recognizes the importance of attracting and supporting talented international students, and as such, offers various scholarships and financial aid opportunities to help offset the cost of education. These scholarships are awarded based on academic merit, leadership qualities, and other criteria to deserving international students pursuing undergraduate and postgraduate programs at the university.
1. Chancellor's Scholarship: The Chancellor's Scholarship is a prestigious merit-based scholarship offered to exceptional international students with outstanding academic records and leadership potential. Recipients of this scholarship receive substantial financial support to cover a significant portion of their tuition expenses.
2. Dean's Scholarship: The Dean's Scholarship is awarded to high-achieving international students based on their academic achievements and contributions to their communities. This scholarship recognizes students who demonstrate exceptional potential in their chosen field of study.
3. International Student Merit Scholarship: The International Student Merit Scholarship is designed to support academically talented international students pursuing undergraduate or postgraduate programs at UMass Lowell. The scholarship amount varies and is based on the student's academic performance and overall profile.
4. Global Excellence Scholarship: The Global Excellence Scholarship is awarded to international students who have demonstrated academic excellence and have a strong commitment to contributing positively to the UMass Lowell community. This scholarship recognizes students who embody the values of global citizenship and leadership.
5. UMass Lowell Merit Scholarships: Apart from specific scholarships for international students, UMass Lowell also offers a range of merit scholarships that international students may be eligible for. These scholarships are awarded based on academic achievements, extracurricular involvement, and other criteria.
6. Donor-Funded Scholarships: UMass Lowell has various donor-funded scholarships that provide financial assistance to international students from specific countries or regions. These scholarships may be awarded based on the country of origin, academic achievements, or other specific criteria defined by the donors.
Application and Eligibility: International students are automatically considered for scholarships upon applying for admission to UMass Lowell. Scholarships are awarded based on the students' academic records, achievements, and potential contributions to the university community. It is essential for international students to review the specific scholarship criteria and deadlines to ensure they meet the eligibility requirements.
The Professional Science Master’s in Industrial Mathematics (PSM) program at the University of Massachusetts Lowell (UMass Lowell) opens up diverse and rewarding career opportunities for graduates. With a strong foundation in advanced mathematics and practical problem-solving skills, PSM graduates are in high demand across various industries.
1. Data Analyst: PSM graduates can pursue careers as data analysts, where they use their strong mathematical and statistical skills to analyze and interpret large datasets. They play a crucial role in helping businesses make data-driven decisions and uncover valuable insights.
2. Operations Research Analyst: Operations research analysts use mathematical modeling and optimization techniques to improve business processes and solve complex organizational problems. PSM graduates are well-equipped to excel in this role due to their strong analytical and problem-solving abilities.
3. Financial Analyst: The financial sector relies heavily on mathematical models and statistical analysis. PSM graduates can work as financial analysts, evaluating investment opportunities, assessing risks, and providing financial recommendations to organizations.
4. Risk Analyst: In industries such as insurance and finance, risk analysts assess potential risks and develop strategies to mitigate them. PSM graduates' mathematical expertise is invaluable in quantifying and managing various risks.
5. Supply Chain Analyst: Supply chain analysts use mathematical models to optimize supply chain operations, minimize costs, and improve efficiency. PSM graduates with knowledge of optimization and logistics are well-suited for this role.
6. Market Research Analyst: Market research analysts study consumer behavior, conduct surveys, and analyze market data to help businesses understand customer preferences and make informed marketing decisions. PSM graduates' strong analytical skills make them valuable assets in this field.
7. Business Intelligence Analyst: Business intelligence analysts collect and analyze data to provide insights into business performance and trends. PSM graduates' expertise in data analysis and interpretation is highly relevant in this role.
8. Research Scientist: PSM graduates can pursue research-oriented careers in academia, government agencies, or private research institutions. Their mathematical proficiency allows them to contribute to scientific advancements and solve complex research problems.
9. Consulting: PSM graduates may work as consultants, providing specialized mathematical expertise to businesses and organizations seeking to optimize their operations and improve decision-making processes.
10. Technology and Software Development: PSM graduates with programming skills can enter the technology industry, working on projects involving artificial intelligence, machine learning, and data analytics.
11. Higher Education: Some PSM graduates may choose to further their academic pursuits by pursuing doctoral studies in mathematics, statistics, or related fields.
The UMass Lowell PSM program's practical focus, interdisciplinary approach, and industry partnerships ensure that graduates are well-prepared to enter the job market with highly sought-after skills. The program opens up opportunities for international students to gain valuable work experience in the United States after graduation. The PSM program at UMass Lowell provides a strong foundation for students to thrive in a wide range of professional roles that require expertise in industrial mathematics and data analysis.
