The Department of Applied Mathematics at Illinois Institute of Technology invites applications for a tenure track faculty member at the rank of assistant professor beginning in August 2014. The focus of this search is in the area of stochastics/mathematical finance.
More details about our department can be found at
Several faculty members conduct research in stochastic analysis and statistics with application in mathematical finance, data science and other disciplines in science and engineering. We offer a very successful Master of Mathematical Finance in partnership with the Stuart School of Business, and we recently launched a Master of Data Science in partnership with the Department of Computer Science. The new position is expected to bolster our ongoing research and teaching in one or more of these areas.
The successful candidate must have a PhD degree in mathematics, statistics, or a closely related discipline. Candidates must also have demonstrated the potential for outstanding, externally fundable research and be dedicated to excellent teaching.
With a very diverse student body of 7,800, IIT is a private, research university with programs in engineering, science, psychology, architecture, business, design and law. IIT is located in a city-park like campus in the heart of the vibrant city of Chicago.
To apply, please submit the following through

  • a cover letter expressing your interest in the position(s) and highlighting how you can contribute to our departmental mission,
  • your curriculum vitae, and
  • succinct teaching and research statements. At least four confidential reference letters (one addressing teaching effectiveness) should also be submitted through MathJobs.

Questions regarding this position may be addressed to Fred J. Hickernell, Chair, Department of Applied Mathematics,, (312) 567-8983.
Applications will be reviewed starting early December, 2013, and on a continuing basis until the position is filled. We especially encourage applications from women and under-represented groups. IIT is an Affirmative Action/Equal Opportunity employer.
For more details see