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.
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 |
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
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
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:
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:
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 |
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 |
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:
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.
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.
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 |