A Comprehensive Guide on MSc Mathematics in India

December 20, 2023
msc mathematics

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It is vital to choose a bright career. Mathematics is flexible. It changes according to conditions and requirements. Thus, higher changeability makes this domain sustainable.

MSc in Mathematics has become a popular degree program in the industry. It is in demand because of its engineering, computer, and science applications.

In this article, we will walk you through the components of MSc Mathematics. We must also discuss why it is gaining ground nowadays in India.

MSc Mathematics – A Lucrative Career Path

MSc Mathematics is one of the most sought-after careers in the world. It is a 2-year master’s degree course. It encompasses a vast range of topics. It includes applications of advanced mathematics as well. It also has diversified topics. It contains Geometry, Calculus, Algebra, Number Theory, Dynamical Systems, and Differential Equations.

MSc in Mathematics allows one to collect complex data. It also allows us to analyze them using advanced mathematical tools and methods.

The MSc Mathematics is Master of Science in Mathematics. You get specialized in advanced mathematics and become proficient at forefront research usage. This course has greater career scope in India. You can find career opportunities across various domains. It ranges from the public to the private sector.

Why Should You Pursue MSc Mathematics?

Choosing a career of your choice is crucial. It leverages your potential and lets you excel. Talking about building a career in mathematics, you must choose this career;

  • You have good foundational education in STEM. Also, you want to work in Science, Engineering, or Computer Science.
  • You like to learn a range of mathematical skills. It includes operating functions with abstract concepts and deriving conclusions from complex data. It also includes analyzing and interpreting those data using mathematical software.
  • You want to learn to work using critical thinking and analytical skills.
  • You want to learn technical skills and explain mathematical arguments and conclusions.

Key Features of MSc Mathematics:

MSc Mathematics has these components: derivations and theorems under advanced mathematics. It has good job prospects, especially in India and abroad. A top-notch company may hire you after an MSc in Mathematics.

It is vital to know the key details of MSc Mathematics. Here it is;

  • Name of Degree Course: Master of Science in Mathematics
  • Level of Degree Course: Postgraduate level
  • Top Colleges: Banaras Hindu University, Calcutta University, Delhi University, Panjab University
  • Duration of Degree Course: 2 years
  • Fee for Degree Course: INR 12,000 – INR 20 Lakh
  • Average Salary of Degree Course: INR 2 Lakh – INR 12 Lakh per annum
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MSc Mathematics Entrance Exams 2023

Want to pursue a course in MSc Mathematics? Well, you must know about its entrance examinations. Then only you will be able to get into one of the finest colleges in India. These exams test your ability to understand mathematical applications. It includes algebra, number theory,

probability, number index, and many more.

If you wish to study this course in India, you should take these exams. Moreover, you must pass it with flying colors. Following are the exams for you to consider for MSc Mathematics.

1. IIT JAM

  • This exam provides admission to the IITs and NITs. They accept applications for degree courses such as MSc, PhD., and M.Tech.
  • It is a national-level online exam.
  • It gets conducted under the Ministry of Human Resources Development, Government of India.

2. DUET

  • The NTA conducts DUET(Delhi University Entrance Exam).
  • It is a national-level entrance exam for various UG, PG, Ph.D., and Phil programs.
  • It gets conducted under the administration of Delhi University.

3. NEST

  • NEST is the National Entrance Screening Test.
  • It takes place by the National Institute of Science Education and Research. It is in Bhubaneswar. It’s conducted by the Department of Atomic Energy Centre for Excellence. It is at Mumbai University.
  • It gets conducted for students aspiring to pursue a five-year integrated M.Sc program.

4. CUET PG

  • Central University Entrance Test Post Graduate (CUET) is an online computer-based test.
  • It is a form of MCQ test conducted under the National Testing Agency (NTA)
  • It is a university-level exam. It gets conducted for university-level admissions. Students pursuing Undergraduate, postgraduate, and research programs should take this exam.

Eligibility Criteria of MSc Mathematics

Do you want to pursue MSc in Mathematics? You must check the eligibility criteria.

  • Your score has at least a CGPA of 45–50% for graduation. You have passed BSc/BTech/B.E degrees from any valid accredited University.
  • There are no age barriers for you to apply for the course.
  • Your core courses in your bachelor’s degree should be mathematics and English.
  • You must have scored at least 60% marks (may vary from university to university)
  • You should pass the entrance exam to qualify for the interview round. After that, the final results get announced for admissions.

New Trends in MSc Mathematics in India

In recent years, the application of mathematics has increased to a great extent. The total number of students pursuing mathematics has increased over the years. There are many popular programs, such as Financial Mathematics.

Now, the students are getting application-oriented. They are moving towards the growth of analytical skills. With the advent of more technological tactics, mathematics is becoming popular among students.

Coursework of MSc Mathematics in India,

The coursework for MSc Mathematics ensures theoretical and practical knowledge. You will get assignments and projects to students. Thus, students can use them in real-life problems.

The course gets designed by including mandatory subjects and elective subjects. It allows students to gain multidisciplinary knowledge during the degree. The following topics of the MSc Mathematics get offered in the colleges in India;

SemesterSyllabus
      Semester 1Probability   Linear Algebra   Real Analysis   Differential Equation  
      Semester 2General Topology   Measure Theory   Multivariable Calculus   Complex Analysis
      Semester 3Functional Analysis   Number Theory   Geometry   Dynamical Systems   Electives I, II, and III  
        Semester 4Environmental Science   Algebraic Geometry   Analytical Number Theory   Measure And Integration   Electives IV, V, and VI  

Career Prospects of MSc Mathematics in India

MSc Mathematics graduate has a deep knowledge of mathematics. He has a good understanding of pure and applied mathematics subjects. You can have a higher chance of getting into the research field. You can also have a fair chance of getting hired into the financial sector.

You can also choose your profession in academia. You can aspire to become a professor in government and private colleges. Other such profiles can be:

  • Secondary grade school teachers
  • Technical subject matter experts, academic coordinators,
  • Middle grades school teachers,
  • Science Experts

Top Recruiting Companies for MSc Mathematics Graduates

Mathematics is a part of diverse fields. Thus, mathematics graduates can tap into top-notch companies in different sectors. The top recruiters that hire MSc Mathematics graduates are as follows;

  • Ford
  • JCB
  • American Express           
  • Capital One
  • Barclays Bank    
  • Marks & Spencer’s
  • Tesco   
  • Lloyd’s
  • Prudential          
  • Honeywell

Core Industries for MSc Mathematics Graduates

Mathematics graduates have no doubt a favorable outlook in India. Thus, if you are the one, you can select any industry of your interest to work in. You can find a job in any of the following core industries;

  • Aerospace companies, Pharmaceutical companies
  • Market research firms
  • Research and Development Firms
  • Economic Research Firms            
  • Engineering Firms

Also Read: Jobs You Can Bag after a MSc Degree

Top Job Profiles for MSc Mathematics Graduates with their Salaries in India

As a graduate in MSc mathematics, you can apply for the following job professions;

A Mathematics Professor

  • A mathematics professor is an expert specializing in mathematics as a subject.
  • A mathematics professor can earn an average of 4-4.5 lakhs per annum[1]  in India.

Source: (https://in.talent.com/salary?job=mathematics)

A Mathematics Specialist

  • A mathematics specialist is an expert in mathematics.
  • He handles reviewing the teaching methods, coursework, and its potential.
  • A mathematics specialist can earn up to 3 lakhs per annum in India.

Source: (https://leverageedu.com/blog/msc-mathematics/)

Quantitative Risk Analyst

  • A quantitative risk analyst is a professional in mathematics.
  • He uses statistical and mathematical techniques to solve financial and risk management problems.
  • A quantitative risk analyst can earn up to 8.2lakhs lakhs per annum in India.

(Source: https://www.ambitionbox.com/profile/quantitative-risk-analyst-salary )

Statisticians and Mathematicians

  • Statisticians and mathematicians are experts in mathematics as well.
  • They use data and formulae to address several business, academia, and government issues.
  • Statisticians and Mathematicians can earn up to 2 lakhs per annum in India.

Source: (https://in.indeed.com/career/mathematician/salaries)

Data Analyst

  • Data Analysts analyze data to check insights about their company’s clients.
  • Data Analysts can earn up to 5-5.5 lakhs per annum in India.

Source: (https://in.indeed.com/career/data-analyst/salaries#🙂

Data Scientist

  • Data Scientist’s main role is transforming complex data into simplified versions.
  • It helps companies to decode important data to perform various business operations.
  • Data Scientists can earn up to 4 lakhs per annum in India.

Source: (https://www.payscale.com/research/IN/Degree=Master_of_Science_(MS)%2C_Statistics/Salary)

Note: Average salary mentioned above is subject to entry-level salary

Skills Required for MSc Mathematics in India

Having soft and hard skills is vital to succeeding as a mathematics graduate. The following skills are essential for you if you want to be one;

  • Quantitative Skills
  • Analytical Skills
  • Problem-Solving Skills
  • Good Communication Skills
  • Team Management Skills
  • Research Skills
  • Time Management Skills

Top Colleges of MSc Mathematics in India

Several colleges in India provide MSc Mathematics degree courses. Among various colleges in the list, these are India’s top MSc Mathematics colleges. These colleges are both government & private.

Top Government Colleges for MSc Mathematics

  • Banaras Hindu University            
  • Bharathiar University, Coimbatore
  • Calcutta University
  • Indian Institute of Science           
  • Jamia Millia Islamia        
  • University of Hyderabad              
  • Institute of Chemical Technology, Mumbai
  • Osmania University        
  • Panjab University            
  • Alagappa University       

Top Private Colleges for MSc Mathematics

  • Amity University, Noida
  • BITS Pilani
  • Chandigarh University (CU)        
  • KIIT – Kalinga Institute of Industrial Technology  
  • Manipal Academy of Higher Education   
  • SASTRA (Deemed to be University)         
  • SOA University – Siksha ‘O’ Anusandhan
  • VIT Vellore

Is MSc in Mathematics Worth Pursuing – Final Thoughts

An M.Sc in Mathematics degree course is a positive career in India. It provides positive career prospects for Math aspirants in India. Being a graduate in mathematics, you will have diverse options. You will get a lot of job profiles and handsome annual salary packages. You must select this lucrative career option.

Evaluate numerous career choices to choose the right career path for yourself. Dive in to our guide on Career Advice.

Frequently Asked Questions (FAQ’s)

Which job yields the highest salary after an MSc in Mathematics?

Suppose you pursue an MSc in mathematics in India. Thus, you can earn high salaries in many job profiles. It includes Treasury Management Specialists, Loan Officers, Professor, and Statistical. Programmers. It also has accountants, Data Interpreter, and Data Analysts. Equity Quantitative Analysts and Quantitative Developers can also be career choices. If you have a PhD. in mathematics, you can expect a handsome salary in the roles in India mentioned above.

Is a career in MSc mathematics a good option?

The MSc Mathematics Programme enables students to learn advanced mathematics theory. Some of the few disciplines with various work opportunities are;
 
1. Data analysts
2. Business analysts
3. Financial analysts
4. Operations managers
5.  Credit analysts,
6.  Teachers,
7.  Researchers.
 
You can also find jobs in accounting, finance, or computer programming domains.

Is MSc Mathematics a good career option?

Mathematics is already a tough nut to crack. Thus, earning an MSc degree in mathematics is difficult. It is because some advanced equations and theorems are complex to understand.

What are the courses in MSc Mathematics?

It is a two years course. It includes knowledge of theorems, algebra, and Geometry. It includes Calculus, Number Theory, Dynamical Systems, Differential Equations, and many more.

Is there a placement program for MSc Mathematics graduates?

Almost all colleges conduct placement programs on campus. It takes place either during or after the end of the semester. Moreover, the hiring organizations host events. These get conducted both on and off campus in collaboration with other institutes.

Which subject is best for MSc mathematics?

You get a deep knowledge of advanced mathematics in the MSc mathematics course. It includes varied preferences for subjects. E.g., geometry, calculus, algebra, number theory, dynamic systems, differential equations, etc.

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