M.Sc Mathematics Jobs, Scope, Salary in India
M.Sc Mathematics jobs in India are in high demand and have a good job scope in today's developing world. Student have huge opportunities of getting placed in the M.Sc Mathematics placements if it exists in his/her institution. Some of the jobs for students with M.Sc Mathematics include interpreters, analysts etc.
MSc Mathematics Course aids to deliver a wide and in-depth study of advanced Mathematics theory to the students. There are various employment prospects available in several fields which include Data Analyst, Business Analyst, Financial Analyst, Operation Manager, Credit Analyst, Teacher, Researcher, etc. MSc Mathematics syllabus and subjects are designed in a well-structured manner to assist students by delivering them comprehensive knowledge and understanding about the field which enables them to succeed in their careers.
Table of contents
- MSc Mathematics Jobs in India
- Areas of Recruitment for MSc Mathematics Graduates
- Salary Offered To MSc Mathematics Graduates In India
- MSc Mathematics Placements
- Career Scope of MSc Mathematics
- Factors To Consider Before Choosing A Job
- Top MSc Mathematics Recruiters
MSc Mathematics Jobs in India
Mostly it is considered a cakewalk for the graduates to get placed as an M.Sc Mathematics graduate in any firm in India. One of the reasons is, that after the M.Sc Mathematics course, the aspirants can be considered professionals because of the course structure, thus making them capable of getting a good job scope and skills in India.
In fact, at times, most graduates, educate themselves more which makes them more capable of working. Another reason for ease in getting the job is because of the campus interviews. The following jobs are available after completing MSc Mathematics.
Entry-Level MSc Mathematics Jobs for freshers
The scope for MSc Mathematics freshers is wide. Candidates begin working as "freshers" in entry-level positions after graduating. Students will be able to create their own goals with the aid of these professions. The typical average salary for MSc in Mathematics fresher in India is INR 3–4 LPA. Some MSc Mathematics fresher jobs are listed below:
|
MSc Mathematics course Jobs Profile |
Description |
|
Junior Associate Professor |
|
|
Online Tutor |
accountable for assisting students in understanding new concepts, completing assignments, and learning |
|
Junior Research Scientist |
|
|
Mathematician |
Perform research on the foundations of mathematics or on the applications of mathematical methods to business, science, and other disciplines. |
|
Market Researcher |
develops future marketing strategies by gathering and analysing data on customers, sales patterns, products, and services. |
|
Economist |
conduct analysis, gather, and forecast data to assist their organisation. |
Government Jobs For MSc Mathematics Aspirants
Several MSc Mathematics career prospects are available after completing the two-year postgraduate programme. There are several different industries to find employment for the govt jobs for MSc Mathematics. Students must pass an aptitude exam, typically followed by an individual interview or a counselling session, to qualify for MSc Mathematics government jobs.
The following list of popular government positions following a degree in MSc Mathematics
|
Job Profiles |
Description |
|
Assistant Professor |
A post at the entry level that involves teaching, researching, and helping senior professors |
|
Specialist Officer |
monitor the technical aspects of banking operations |
|
Assistant Manager |
Evaluate employee schedules and ensure new joiners are familiar with their responsibilities |
|
IFS Officer |
responsible for representing the nation on a global stage and managing India's external affairs |
|
Accountant |
assists companies in making important financial decisions by gathering, monitoring, and managing financial data. |
|
Assistant Supervisor |
hiring new employees, conducting training sessions, and keeping track of job performance measures |
|
Mathematics Teacher |
give lessons that train students to advance their theoretical and practical mathematics proficiency. |
Private Jobs for MSc Mathematics Graduates
For graduates of the MSc in Mathematics, the private sector offers a variety of prospects. The demand for MSc Mathematics has increased recently as the corporate sector has increasingly relied on financial and economic management. Students can choose from various MSc Mathematics employment either through the placement cell or on their own after the study. Some of the private jobs after MSc Mathematics are listed below:
|
Job Profiles |
Description |
|
Full Stack Developer |
|
|
Quantitative Risk Analyst |
executes a variety of tasks in support of a company's overall stress testing and risk analysis process. |
|
Data Analyst |
use statistical approaches to interpret data and analyse outcomes |
|
Quantitative Developer |
Software developers and engineers who support investment banks and other financial institutions with technical tools, systems, and solutions |
|
Analytic Science Consultant |
offer strategies to increase productivity and address business problems |
|
Database Manager |
responsible for creating and managing the systems that an organisation uses to store and manage its data. |
|
Customer Coordinator |
oversees the team of customer service representatives and ensures the company's policies and procedure is being followed properly |
|
Credit Analyst |
|
|
Statistician |
collects, analyzes, and interprets numerical data and statistical models to assist in planning and decision-making processes for companies. |
|
External Auditor |
examines a company's financial records and presents conclusions |
|
Interest Rate Trending Strategist |
|
Skills Required for MSc Mathematics Jobs
It is important to have both soft and hard skills in order to succeed in any context after receiving an MSc Mathematics. Graduates have access to a wide range of jobs and higher education options. A couple of the skills are listed below:
- Quantitative Skills
- Interpersonal Skills
- Analytical Skills
- Problem-Solving
- communication skills
- Teamwork
- Research skills
- Time Management
Areas of Recruitment for MSc Mathematics Graduates
M.Sc Mathematics graduates have a good job scope in India and have the option to work both in the public and private sector, depending on their interests, their skills and the type of occupation that they want to choose. Both have their own plus points and job benefits. Some of the professions that can be taken by an M.Sc Mathematics graduate are:
- Aerospace companies
- Pharmaceutical companies
- Market research firms
- Research and Development Firms
- Economic Research Firms
- Engineering Firms
- Social Research Institutes
Salary Offered to MSc Mathematics Graduates in India
A graduate's salary for an M.Sc in Mathematics in India varies based on a number of factors, such as experience, the area of specialisation, and other factors. M.Sc Mathematics graduates often make between INR 3 to 10 LPA. (Source: Payscale)
Other factors that affect income include the job title and the industry one chooses to work in. Since they broaden their experience, internships and work placements can help graduates make more money.
MSc Mathematics Salary in India
The table below shows the salary breakdown of MSc Mathematics jobs salary in India:
|
MSc Mathematics Salary in India |
Amount |
|
Highest Salary |
10 LPA |
|
Lowest Salary |
3 LPA |
|
Average Salary |
8 LPA |
MSc Mathematics Salary based on Job Designations
M.Sc Mathematics is a course that helps in the specialization in the field of Mathematics. The salary varies for each sector- government and private and the type of job or even the skills possessed by the aspirant. The M.Sc Mathematics graduate Salary in India is:
|
Job Role |
Average Salary |
|
Mathematics Professor |
9LPA |
|
Mathematics Specialist |
3 LPA |
|
Quantitative Risk Analyst |
6 LPA |
|
Data Analyst |
6 LPA |
|
Senior Business Analyst |
9 LPA |
|
Operation Manager |
6 LPA |
|
Interest Rate Trending Strategist |
6LPA |
MSc Mathematics Salary Based on Sectors
Both the public and private sectors are hiring for MSc Mathematics positions. The Salary of an MSc Mathematics job is influenced by various factors, such as the sector's career growth, governmental regulations, programmes, taxes, and more. The following tables display the typical sector-wise MSc Mathematics salary in India:
Private Sector
There are various private companies offering M.Sc Mathematics career opportunities for aspirants after completing their M.Sc degrees. There are various job designations are offered by the private sector. Some job profiles provided by top recruiters are given below with average salaries.
|
Top private Organization |
Job Profiles |
Salary (INR) |
|
DJM Jobs |
Mathematics Teacher |
9 LPA |
|
Baroda Institute of Technology |
Full Stack Developer |
3 LPA |
|
TATA ELXSI LTD |
Artificial Intelligence |
5 LPA |
|
Deloitte |
Researcher & Accountant |
INR 7 LPA |
|
Ernst & Young |
Statistician |
INR 5.4 LPA |
|
Axis Bank |
Loan Officer |
INR 3 LPA |
Government Sector
The scope of MSc Mathematics in the government sector is rising significantly. The RBI, Indian Economic Services, BHEL, the Department of Economic Affairs, the Railway Ministry, and the Defense Sector are some of the major government agencies that provide MSc Mathematics job opportunities. Following an MSc in Mathematics, the average salary is INR 3 - 6 LPA (Source: Payscale). Following an MSc in Mathematics, some of the occupations from top companies and associated incomes are listed below:
|
Top Government Organization |
Job Profiles |
Salary (INR) |
|
Kolkata Metro Rail |
Assistant Manager |
6.3 LPA |
|
Karnataka University, Dharwad |
Assistant Supervisor |
2.4 LPA |
|
Public Sector Bank |
Specialist Officer |
INR 3.6 LPA |
|
Indian Forest Services |
IFS Officer |
INR 3 LPA |
|
Staff Selection Commission |
Accountant |
INR 4 LPA |
MSc Mathematics Placement
MSc Mathematics placement is offered at almost all colleges during or after the completion of the last semester. The hiring organizations also coordinate recruitment drives that are held either on or off campus in collaboration with several institutions.
The following list includes a number of the major companies that provide placement opportunities after completing an MSc in mathematics:
|
College Name |
Top Recruiter |
Average Annual Salary |
|
Accenture, DE Shaw, Dell, Daurcom, PwC, Unnati, TCS |
INR 6-15 LPA |
|
|
Google, Deloitte, HDFC, KPMG, Maruti, Jaypee, Ernst & Young |
INR 7-16 LPA |
|
|
TresVista, Accenture, Deloitte, KPMG and Adobe |
INR 7-14 LPA |
|
|
Deloitte, E&Y, Royal Bank of Scotland, Accenture, IBM, Infosys, Wipro, TCS |
INR 6-11 LPA |
|
|
McKinsey & Co., Bain & Co., Boston Consulting Group, Accenture Strategy, ZS Associates United Airlines |
INR 6 - 14 LPA |
Career Scope of MSc Mathematics
The scope of the MSc Mathematics course is extensive as graduates of the course will have various career opportunities in both the public and private sectors. The job that is offered to graduates depends on their skills, knowledge, and specialization. There is a significant increase in the demand for M.Sc Mathematics graduates as there are many organizations that require the services of mathematicians. Hence, the MSc Mathematics scope in India is abundant
Career Options after MSc Mathematics
M.Sc Mathematics graduates can pursue a wide range of careers in a variety of fields immediately after course completion. Their extensive knowledge of Mathematics will help them to secure a career in the following areas:
- Quantitative Developer: M.Sc Mathematics graduates can work as quantitative developers, who help in developing products based on data. This role requires a high level of mathematics and statistical skills.
- Quantitative Risk Analyst: A risk analyst with good knowledge of mathematics can analyze risks associated with financial instruments and help in mitigating those risks. Risk analysts work for banks, insurance companies, stock markets, etc., and play an important role in the decision-making process of those organizations.
- Director of Statistical Programming: A director of statistical programming works as a liaison between statisticians and other programmers. They help in providing statistical programming services to various businesses and organizations.
- Administrative Assistant: An administrative assistant is basically a secretary, who does office work like typing letters, answering phones, and other routine office work. They also take care of the day-to-day needs of the business or organization.
- Professor: A professor is an academic instructor who teaches students from the undergraduate to the postgraduate level. Universities, colleges, or educational institutions usually employ them.
- Mathematics Specialist: A mathematics specialist is a person who has specialized knowledge in mathematics. They work as an analyst, programmer, database manager, etc. in the area of mathematical statistics.
Courses after MSc Mathematics
The M.Sc Mathematics course has numerous opportunities both in India and abroad. However, if a graduate wants to expand his knowledge in the field of Mathematics he can take up a PhD or an advanced degree in this area. Some of the courses that can be pursued after M.Sc Mathematics are given below:
- M.Phil in Applied Mathematics
- M.Phil in Mathematical Science
- M.Phil in Mathematics
- M.Phil in Maths and Statistics
- PhD in Applied Mathematics
- PhD in Mathematics
- PhD in Maths and Statistics
- PhD in Mathematics and Humanities and Social Sciences
Factors to be Considered Before Choosing A Job
The candidates' future will be impacted by the career route they choose. Thus, it is crucial to consider several factors, including "What is MSc Mathematics income?" What careers are available for math graduates? What is the typical MSc Mathematics salary in India? "What can I do with an MSc in Mathematics?" and "What is the scope of the MSc in Mathematics?" Before considering employment options, consider the following factors:
- Future scope
- Salary, Entitlements, Terms & Conditions
- Job Market Outlook
- Company Culture and History
- Employee Benefits
Top MSc Mathematics Recruiters
The MSc Mathematics is one of the most sought-after degrees in India, with many major companies recruiting its graduates. The top recruiters in India with the highest average MSc Mathematics salaries are mentioned below:
|
Top Recruiters |
Average Annual Salary |
|
Ford |
INR 10 - 20 LPA |
|
JCB |
INR 10 - 16 LPA |
|
American Express |
INR 10 - 14 LPA |
|
Tesco |
INR 10 - 15 LPA |
|
Honeywell |
INR 8.5 - 14 LPA |
|
Marks & Spencer’s |
INR 6 - 12 LPA |
Top M.Sc Mathematics Colleges
Top Science Entrance Exams
Result Date: Mar 22, 2024
