Master of Science in Applied Mathematics Top Colleges, Syllabus, Scope and Salary

M.Sc. in Applied Mathematics is a research-oriented academic discipline, designed for graduates with B.Sc./ B.E./ B.Tech degree from a recognized university. It is a 2-year postgraduate course, sub divided across 4 semesters.

Essentially, the course is designed to explore the application of Mathematics across other disciplines like science and such streams. Interested eligible students can pursue the course in India on an average course fee ranging between INR 1 and 3 Lacs, varying across institutes. Admission to the course in the country is offered to candidates on the basis of the latter’s performance in a relevant entrance examination.

Master of Science in Tamil Nadu

Master of Science in West Bengal

Master of Science in Uttar Pradesh

Master of Science in Karnataka

Successful postgraduates of the course are lucratively employed in both private and government sector organizations involving the application of Mathematics, such as banking, among others.

Such postgraduates in India are offered an average annual salary ranging between INR 20K and 50k initially, increasing gradually with experience and skillset.

Professionally, they are hired in capacities as Research Scientist, Economist, Demographer, data Warehousing Consultant, Accountant Manager & C.A., Quantitative Specialist (Bank), Business Analyst, Staff Systems Analyst, Associate Professor, and such.

M.Sc. in Applied Mathematics: Course Highlights

 Some of the basic highlights of the course are tabulated below.

M.Sc. in Applied Mathematics: What is it about?

Typically, Applied Mathematics is a combination of mathematical science and specialized knowledge that has application in real life situations such as data analysis, statistics, and economics, business and banking, and also astronomy.

The program is designed to educate eligible candidates about mathematical methods like the abstract science of number, quantity, and space, also as abstract concepts that are used in the field of science, engineering, business and industry.

Successful postgraduates of the course interested in pursuing higher studies in the discipline may go for M.Phil. or Ph.D. in the subject, or pursue further research.

One of the principle objectives of the course is to build in enrolled students an advanced understanding of numerical-analytical skills and purposeful competency in Applied Mathematics. The program involves deeper and elaborate applications of mathematical techniques which are applied to general principles outside the scope of theoretical mathematics.

M.Sc. in Applied mathematics: Who should opt?

Ideal students of the course would:

• have strong analytical skills
• be proficient in formulating theories and applying them to solving problems
• be competent in mathematical applications such as calculus, algebra, equations and their geometrical representations, graph plots, etc.
• possess attention to detail
• have the ability to manipulate intricate ideas, and have problem-solving skills.

Top Institutes offering M.Sc. in Applied Mathematics

Some of the top institutes offering the course in the country are listed here with the corresponding locations and fees charged by each.

Eligibility for M.Sc. in Applied Mathematics

Candidates wishing to pursue the course are needed to fulfill the minimum eligibility criteria listed below in order to apply for the course:

• Graduation (B.Sc. (Bachelor of Science)/ B.Tech. (Bachelor of Technology)/ B. E. (Bachelor of Engineering), with Mathematics as one of the main subjects, completed from a recognized university.
• A minimum aggregate score of 55% or equivalent CGPA at the level of graduation (relaxation of 5% to SC/ST candidates).
• Often, a minimum of 1 year of work experience, as many institutes prefer students with professional experience.

M.Sc. in Applied Mathematics: Admission Procedure

Interested eligible candidates are offered admission to the course in India mostly on the basis of a relevant institutional entrance test, where questions related to Mathematics, Physics, General Aptitude are asked, to assess the candidate’s suitability for the course.

Subsequently, two additional rounds of Group Discussion and Personal Interview are held as part of the counseling procedure, wherein candidate’s general aptitude for the course is examined. A merit list is then released by the respective institute, allotting available seats to qualifying candidate.

Also, students whose final year graduation examinations’ results are pending are welcome to apply too, although admission to such students is made provisionally, until after the pending results are declared and all the eligibility criteria are met.

M.Sc. in Applied mathematics: Syllabus and Course Description

A semester-wise breakup of the course’s syllabus is tabulated here.

M.Sc. in Applied Mathematics: Career Prospects 

Applied Mathematics is a comprehensive branch of Mathematics as it finds application in all technical fields and research areas. Its successful completion offers lucrative career options in the educational sector, banking and finance industry, commerce industry, statistical and accountancy-related areas, etc.

Successful postgraduates of the course may later go for pursuing higher degrees in the discipline, such as M. Phil. (Master of Philosophy), Ph. D. (Doctorate of Philosophy), or further research, or even pursue careers in teaching, such as professorship or lectureship.

Listed below are some of the popular professional avenues open to such postgraduates of the course, along with the basic job duties and salary offered for each post.

Aspirants seeking admission to 2-year Full-time M.Sc Program should meet the following criteria as specified by the institute.

Academic Requirement:

Candidate must have a bachelors degree (B.Sc.) in a relevant stream obtained through their Graduation or an equivalent qualification.