Mathematicians engage in a variety of activities related to the study, development and application of mathematical principles. Research and investigation, theoretical development, data analysis and modelling and teaching and education are some of the top duties of a mathematician. The average salary of a mathematician in India is INR 9.30 LPA with the highest salary being INR 10 LPA.
To become a mathematician, candidates have to enrol in different mathematician courses after class 12. BSc, BA, MSc and MA in mathematics are some of the top courses pursued by candidates aspiring to become mathematicians. St. Stephen’s College, Hindu College, Parul University and LSR are some of the top colleges for mathematics education.
Table of Contents
- Salary of a Mathematician in India
- Salary of a Mathematician: Experience Wise
- Salary of a Mathematician: Designation Wise
- Salary of a Mathematician: Skill Wise
- Salary of a Mathematician: Qualification Wise
- Salary of a Mathematician: Company Wise
- Salary of a Mathematician: City Wise
- Salary of a Mathematician: Country Wise
- Salary of a Mathematician: FAQs
Salary of a Mathematician in India
The average salary of a mathematician in India is INR 9.30 LPA. The starting salary for a mathematician in India is 7 LPA while the highest salary is INR 10 LPA. The estimated monthly salary in India for mathematicians is between INR 45,326 to INR 58,344.
Mathematicians with experience of about 5 to 9 years can earn up to INR 10 LPA in India. Cryptographers and economists are top designations with average annual salaries of INR 21 LPA and INR 13 LPA respectively.
Salary of a Mathematician: Experience Wise
Experience is one of the determining factors for deciding a mathematician's salary. Experienced mathematicians are compensated more compared to new ones because of the knowledge they possess. The following table highlights the mathematicians salaries based on years of experience.
Experience Years | Average Annual Salary (INR) |
---|---|
0 - 1 year | 8 L |
1 - 4 years | 9 L |
5 - 9 years | 10 L |
Salary of a Mathematician: Designation Wise
There are several designations similar to the mathematician that describe professionals who specialise in various aspects of mathematics or a related field. Mathematician salaries for some of the top designations are mentioned in the table below.
Designations | Average Annual Salary (INR) |
---|---|
Statistician | 4 L |
Operations Research Analyst | 6 L |
Cryptographer | 21 L |
Numerical Analyst | 4.5 L |
Mathematics Faculty | 6 L |
Math Expert | 2.6 L |
Economist | 13 L |
Actuary | 9.72 L |
Salary of a Mathematician: Skill Wise
Mathematicians are skilled professionals with a varied set of skills and expertise to excel in their roles. Mathematician salaries according to different skills are mentioned in the following table.
Skill Set | Average Annual Salary (INR) |
---|---|
Mathematics | 9.30 L |
Data analysis | 4.1 L |
Statistics | 4 L |
Lecturing | 2.6 L |
TGT | 3 L |
PRT | 2.8 L |
Salary of a Mathematician: Qualification Wise
Salary of a Mathematician varies based on the qualification. Most mathematicians possess a high level of education and training. Professionals with full-time degrees earn more than those with short-term courses.
The following table highlights the salaries of mathematicians at different qualification levels.
Degree Pursued | Average Annual Salary (INR) |
---|---|
Diploma | 2 L |
Bachelors | 3 - 5 L |
Masters | 6 - 9 L |
Salary of a Mathematician: Company Wise
Mathematicians are hired by various companies and institutes for their services. The table below highlights the salary of some of the top recruiters of mathematicians in India.
Name of the Companies | Average Annual Salary (INR) |
---|---|
Scientific Games | 9 - 11 L |
Aristocrat Technologies | 6 - 10 L |
First Student | 45,000 |
ISRO | 86,000 - 93,000 |
Pragmatic Play | 15 L |
Bonanza Interactive | 5 - 6 L |
YSecIT | 1 L |
LearnIngo | 6 - 7 L |
Salary of a Mathematician: City Wise
Mathematician is a highly competitive profession offering individuals to work in different cities. Mathematician salaries from some of the top Indian cities are mentioned in the table below.
Name of the Cities | Average Annual Salary (INR) |
---|---|
Hyderabad | 12 L |
Chennai | 12 L |
New Delhi | 2.16 L |
Salary of a Mathematician: Country Wise
Candidates can also apply for mathematics jobs in other countries after completing their education. Some of the top countries with good pay for mathematics are mentioned in the table below.
Name of the Countries | Average Annual Salary (INR) |
---|---|
USA | 89.39 L |
UK | 36.54 L |
Japan | 63.59 L |
Australia | 65.60 L |
Salary of a Mathematician: FAQs
Ques. What is the average salary of a mathematician in India?
Ans. The average salary of a mathematician in India is INR 9.30 LPA with the highest salary being INR 10 L
Ques. What sectors offer employment opportunities to mathematicians in India?
Ans. Academia, research institutions, government organisations, financial institutions, consulting firms, technology companies and the pharma industry are some of the top sectors offering employment to mathematicians in India.
Ques. How does the salary of mathematicians compare to other professions in India?
Ans. The salary of mathematicians is relatively competitive compared to other professions in India. Mathematicians enjoy stable career prospects with potential for growth.
Ques. Are there any additional benefits or perks associated with mathematician positions?
Ans. Mathematicians in India may receive additional benefits like health insurance, retirement plans, paid leaves, access to research grants and more in India.
Ques. What are the educational requirements to become a mathematician in India?
Ans. Typically a bachelor’s degree in mathematics or a related field is required for entry-level positions, while advanced degrees may be necessary for higher roles and research positions.
Ques. Are there opportunities for career progression for mathematicians in India?
Ans. Mathematicians can advance by gaining experience, pursuing higher education, publishing research papers, obtaining certifications and demonstrating expertise in specific areas of mathematics.
Ques. How does work experience affect a mathematician's salary?
Ans. Mathematicians with increased experience can gain expertise, develop a strong professional network and demonstrate their skills and value. As a result, they may qualify for higher-level positions with corresponding salary increments.
Ques. What skills are required to become a successful mathematician?
Ans. Strong mathematical foundation, problem-solving skills, critical thinking, analytical skills and abstract and logical reasoning are some of the top skills that every mathematician should have.
Ques. How much a statistician is earning in India?
Ans. A statistician can earn up to INR 4 LPA in India.
Ques. Name some good colleges offering courses in mathematics.
Ans. St. Stephen’s College, Hindu College, Parul University and LSR are some of the top colleges for mathematics education in India.
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