Applied mathematics involves the application of mathematics to problems which arise in various areas, e.g., science, engineering or other diverse areas, and/or the development of new or improved methods to meet the challenges of new problems. A Master’s Degree in Applied Mathematics allows students to solve problems from the practical world by using advanced mathematical tools and principles, as well as mathematical modeling. The skills you gain with a Master’s Degree in Applied Mathematics (M.Sc) are highly transferable and provide opportunities for a career in public institutions as well as private institutions, such as the aerospace, petroleum and financial industries. These jobs typically involve research and development, software development and consulting.