MSc Applied Mathematics

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Mar 13, 2023 19:31PM IST

About M.Sc Applied Mathematics

M.Sc Mathematics course is 2 years post-graduate which is a branch of mathematics that involves the study of mathematical models for its usage in engineering, science, research, technology and industry. The MSc Mathematics course is an advanced course covering the main areas of mathematical techniques, modelling and computing skills essential to become a modern applied mathematician. 

Students learn the two main core topics in M.Sc Applied Mathematics course namely numerical analysis and industrial modelling techniques. In the Numerical Analysis part they study algorithms for the problems of continuous mathematics. It develops the essential skills of students like analysing, designing and implementing mathematical algorithms for scientific computing. It covers all essential topics from fundamental theory to software development. 

Industrial Mathematics is having increasing importance because of its implementation within a variety of industrial sectors. Industrial Mathematics helps students learn tactics to handle industrial modelling problems in various sectors.

M.Sc Applied Mathematics Highlights

Major highlights of M.Sc Applied Mathematics are given below: 

Level

Postgraduate

Degree

Master of Science

Minimum qualification

Bachelors degree with mathematics

Course duration

2 years

Average Fees

INR 6000/- to INR 80,000/- per year

Staring Salary range

INR 400000 to INR 700000

M.Sc Applied Mathematics Course Benefits

  • M.Sc Applied Mathematics teaches the students about numerical and then how the mathematical methods are applied in the real world
  • As a course, M.Sc in Applied Mathematics contains an in-depth syllabus. It is designed in such a way that the learning can be used in every industry
  • Professionals with good mathematical know-how are desirable in every sector. These people possess the ability to manage financial matters very well. Courses like M.Sc Applied Mathematics turn the students into such professionals
  • By pursuing the M.Sc in Mathematics course, students develop logical and analytical skills along with an arithmetical perspective
  • Opportunities for M.Sc Applied Mathematics pass outs are abundant. As the course carries a universal appeal, students can explore job opportunities on the international platform as well
  • Anyone interested in starting a banking career, he/she can easily do that as the learnings and insights acquired through the course will be beneficial for such organizations.
  • After pursuing the degrees like M.Sc Applied Mathematics, one can get employed as a teacher in any educational institution

Who Can Enroll in M.Sc Applied Mathematics?

  • Students who have an interest in experimental studies and possess observational and analytical skills can apply for the M.Sc Applied Mathematics course
  • Those who want to learn about different mathematical equations and how their implementation can fetch betterment for the existing industries are suitable for the course
  • Students who can understand the precise concepts, logical arguments, and intricate reasoning can apply for this course
  • People who want to make a career in the teaching field and the subjects of applied mathematics can pursue this course
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M.Sc Applied Mathematics Eligibility Criteria

Following are the minimum eligibility criteria for admission in M.Sc Applied Mathematics:

The candidates must hold a bachelors degree in relevant discipline from a recognised university or institute.

The candidate must have studied mathematics in the qualifying examination

Minimum percentage acceptable may vary institute-wise. However, most institutes accept the admission of candidates who have scored at least 55% marks in the qualifying examination

M.Sc Applied Mathematics Skills Required

Certain skills are required from the applicants of M.Sc Applied Mathematics as these skills ensure that they have the potential for understanding the curriculum.  Following are the skills that the M.Sc Applied Mathematics aspirants should have:

Analytical Skills

Interpersonal Skills

Competence

Observation Skills

Logical Thinking

M.Sc Applied Mathematics Admission Process

There are many colleges and institutes in India that offer the M.Sc Applied Mathematics course. Most of the reputed institutes in India accept admission through entrance examination followed by an interview. The entrance examination can be a national-level test institute-level test.

Candidates must confirm the admission process for a specific course and apply for admission by filling up the application form acceptable at the institute.

M.Sc Applied Mathematics Admission that is done based on the entrance exams scores are conducted in the following manner:

  • Candidates visit the official website of their desired university
  • They register for the entrance exams and fill up an application form
  • Then they upload the required documents, photograph, and signature and submit the form along with the specified fees
  • The successful candidates are then allowed for the entrance exam and given admit cards
  • The candidates then appear on the exam and after some days the exam authority releases the result
  • The qualified candidates are then offered admission and after completing the admission rounds they get enrolled in the M.Sc Applied Mathematicscourse

M.Sc Applied Mathematics Entrance Exams

To get admission in the M.Sc in Applied Mathematics programme, candidates need to appear in the following entrance tests:

Telangana Common Post Graduate Entrance Test

Calcutta University Entrance Exams

Presidency University Master’s Degree Entrance Test

Jammu University Entrance Test

To get good scores in the M.Sc Applied Mathematics entrance tests, candidates can follow the below-mentioned preparation tips:

  • Check the entrance exam syllabus and study them very well
  • Go through the previous years’ question papers and understand the question pattern
  • Ensure to practice basic laws
  • Give mock tests to gain confidence in giving all the answers within the stipulated time

M.Sc Applied Mathematics Top Colleges

Mentioned below are some of the Top Colleges offering M.Sc in Applied Mathematics:

Name of the Colleges

Location

Amity University

Kolkata

Dinabandhu Andrews Institute of Technology and Management

Kolkata

NSHM College of Management and Technology

Kolkata

Calcutta University

Kolkata

Madras Christian College

Chennai

South Asian University

Delhi

Annamalai University

Chennai

M.S Ramaiah University of Applied Sciences

Bangalore

Reva University

Bangalore

PSG College of Technology

Tamil Nadu

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M.Sc Applied Mathematics Syllabus

M.Sc Applied Mathematics and it is offered in semester format. The course can be studied in 4 semesters. The syllabus of M.Sc Applied Mathematics is systematic and defined according to the need of the industry. Candidates can check the syllabus of M.Sc Applied Mathematics course here:

Semester 1:

Applied Mathematics

Real Analysis 1          

Linear Algebra           

C Programming          

Discrete Mathematics Structures       

Linear Programming  

Elements of Prob. & Stat.      

Real Analysis 2          

Complex Analysis      

-

Semester 2:

Measure & Integration

Topology

Rings and Modules 1

Ordinary Differential Equations

Functional Analysis

-

Semester 3:

Functional Analysis

Numerical Analysis    

Mathematical Methods          

Non-Linear Programming      

Semester 4:

Dynamical Systems

Advanced Courses on Differential Equations

Fluid Mechanics

Classical Mechanics

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M.Sc Applied Mathematics Career Options and Job Prospects

An advance course like M.Sc Applied Mathematics opens ups several opportunities for students. Students who complete the course can go for higher education like a PhD in Mathematics or research work. They can also work in different sectors as per their area of interest. Here are some of the job options available for M.Sc  Applied Mathematics graduates:

  • Research Scientist      
  • Economist      
  • Accountant    
  • Professor        
  • Business Analyst        
  • Quantitative Risk Analyst     

M.Sc Applied Mathematics Future Scopes

Successful students of M.Sc Applied Mathematics can explore outstanding career options for them. There are two ways to choose from- Higher studies and Applied Mathematics Jobs. Those who are keen to learn more can go for PhD courses and work as research associates in the future. Having a doctoral degree in Applied Mathematics is undoubtedly effective for their career in the long run. Apart from that, different M.Sc Applied Mathematics jobs are there in various industries. Candidates can easily get hired in these industries if scored well.

Some of the most common industries where qualified M.Sc Applied Mathematics professionals are hired are the investment sector, banking sector, the accounting industry, consultancy, IT and Finance firms, etc. Besides, Master of Science Applied Mathematics candidates can be recruited in the Government sector as well. Whatever the jobs they take in, they must have the risk-taking ability, practical knowledge of computers, expertise in handling matters, detailing, etc.

M.Sc Applied Mathematics Jobs

Information Technology, Data warehouse, accounting, financing, Government Tax Department, and treasuries are some of the major employment areas where the M.Sc Applied Mathematics degree holders can work. These professionals are recruited for various posts. Described below are the most common M.Sc Applied Mathematics careers that the candidates can choose for:

Research Scientist- The jobs of the Research Scientist include directing experiments, monitoring them, recording and analyzing information, preparing reports based on the collected data, writing research papers, etc. Apart from that, they are assigned to a different fields of work as well.

Economist- The key responsibility of an Economist is to examine the multifaceted statistics and data and study their solutions and then based on these studies they give financial business advice to different organizations. An Economist always follows economic trends and statistical data to forecast the economic growth of a nation.

Accountant- An Accountant monitors each transaction and records, prepares reports, and maintains balance sheets for the transactions.

Professor- A professor imparts knowledge on the relevant disciplines. M.Sc Applied Mathematics degree holders are qualified for this post.

Business Analyst- Business analysts work for the improvement of business areas. With their service, they reduce the gap between the business and IT. Increasing the efficiency of the business and empowering the business processes with new ideas are the key job responsibilities of these professionals.

Quantitative Risk Analyst- Professionals working in this post predict the potential risks for the businesses, make different tools to manage those risks, and suggest some ideas for cost reduction.

Equity Analyst- An Equity Analyst guides the investors and brokers about investment opportunities. They assess data and make predictions that help investors to take the correct investment decisions.

M.Sc Applied Mathematics Salary

Listed below are the annual average salaries offered to some common M.Sc Applied Mathematics Jobs:

Job Profiles

Approx Annual Average Salary

Research Scientist

INR 7 Lakhs

Economist

INR 7 Lakhs

Accountant

INR 2.6 Lakhs

Professor

INR 12 Lakhs

Business Analyst

INR 8 Lakhs

Quantitative Risk Analyst

INR 18 Lakhs

Equity Analyst

INR 5.8 Lakhs

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FAQs about M.Sc Applied Mathematics

What are the top colleges offering M.Sc Applied Mathematics courses ?

Following are some of the top colleges offering Science courses : A.G. Teachers College (Ahmedabad) , St. Joseph's College (Calicut) , St. Francis College for Women (Hyderabad) , Gargi College (New Delhi) , Ramnarain Ruia College (Mumbai). You can explore these colleges on our website to check if they offer M.Sc Applied Mathematics or not.

I want admission in M.Sc Applied Mathematics. Do I have to clear any exams for that ?

Presidency University Master's Degree Entrance Test , Calcutta University Entrance Exam , Jammu University Entrance Test , Delhi University Arts , Telangana Common Post Graduate Entrance Test are some of the exams that you can appear for to get admission in M.Sc Applied Mathematics courses.

What is the average fee for the course M.Sc Applied Mathematics ?

The average fee for M.Sc Applied Mathematics is INR 20000 per year.

What are the popular specializations related to M.Sc Applied Mathematics ?

Some of the popular specializations for M.Sc. (Master of Science) are : Military Studies , Laboratory Immunology , Molecular Biology , Medical Surgical Nursing , Oncology.

What is the duration of the course M.Sc Applied Mathematics ?

M.Sc Applied Mathematics is a 2 Years year course.
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