Mathematics as one of the leading subjects in world education has slowly been evolving into a discipline that has recently caught a lot of attention for its extensive curriculum and its legitimacy in the world's economic scenario.
Therefore, MSc Applied Mathematics has become one of the primary courses pursued by many in order to get more benefits in industries of economical and scientific approach.
MSc Applied Mathematics is a postgraduate degree of two-year duration. This particular degree is noted for its crucial and extensive curriculum that explores mathematics and its laws on a much deeper level. Candidates who wish to pursue this course are required to have a bachelor's degree with mathematics as a major.The fees for this particular course ranges around rs 1-3 lakhs and after successfully completing the course, the candidates can explore job opportunities in industries such as economics (analysts, consultants and advisors) or in scientific industries such as research associates accounting and banking industry with annual salary ranging from 2-8 lakhs per annum.
The average fee for this course is around INR 1-3 lakhs depending upon the choice of college and facilities preferred by the candidate.
MSc Applied Mathematics Course Highlights
| Course level | Post-graduation |
| Full form | MSc Applied Mathematics |
| Duration | Two years |
| Examination type | Offline and semester wise |
| Eligibility | Graduation with math with 50 percentile / one year work experience in this field |
| Admission process | Via entrance test (OUCET, DU, TANCET) |
| Course fee | INR 1-3 lakhs |
| Average Salary | INR 3-9 lakhs |
| Job positions | Assistant professor, research associates, economic analyst consultants and advisors, chartered accountants etc |
MSc Applied Mathematics: What is it About?
MSc Applied Mathematics is a course of advanced studies in the stream of mathematics.
It includes studying deeply the main areas of mathematical techniques, their analysis and implementation as well as derivation of values to determine various equations.
- This course is divided in two parts: numerical analysis and industrial modeling techniques.
- Former one (numeric analysis) is a course that determines the various algorithms of various problems of mathematics, this part of the subject helps a student in applying these algorithms into the recent industries for their better computation and helping them grow in their course.
- The latter or industrial modeling techniques focus mainly on the industrial plane as it teaches students how to apply their knowledge in bettering the industrial output by applying mathematics and statistics to draw conclusions.
- This stream is gaining more pace and is widely known which in turn is getting more and more people joining in to gain more experience and expertise in this work line.
- This program essentially prepares a student to design, develop, and understand various mathematics equations and algorithms for their application in the physical world. How these equations through their sophisticated approach can better existing industries and resources.
Why Study MSc Applied Mathematics?
As each day passes by, the world is witnessing a sharp revolution in its economic and scientific policies, with increase in demands of all sorts; the need to revolutionize new industries and better the existing ones has become important. Therefore to embrace globalization and constant changes that occur in the industrial world. Knowledge of Applied Mathematics is required to study these problems in a scientific manner.
- Applied mathematics is a course specially designed to apply the universal laws of mathematics in the conventional world to derive a conclusion and to avert any crisis.
- Applied mathematics studies mathematical techniques and analysis, and its main focus is to apply that theoretical and numerical knowledge into the world and its issues. To tackle them with the help of science and better our resources for the long run
- MSc in Applied Mathematics is a holistic course that imparts knowledge firstly by making students understand the process of a numerical and their abilities and secondly how these mathematical techniques can be applied in the practical world to seek reformation and revival of new and existing industries.
- This particular course due to its extensive and in-depth curriculum is applicable in all industrial areas. Graduates of this degree can get hired to design and apply their mathematical know how into current industrial scenario for its betterment
- Sectors that are related to engineering and manufacturing are always in need of personnel that are keen and help in designing various theories in applications of their machinery work. Hence Applied Mathematics graduates can also get hired by such employers
- Candidates who are interested in working in banking sectors and National treasuries of India can also venture into such professions with ease and provide their insight on matters related to such organizations
- Post-graduation degree holders can also work as teachers and assistants in various colleges and institutions and earn handsome money and packages
- Candidates interested in working as CA and CS in accounting firms are also welcome as they have regular need for professionals with a good mathematical background to handle matters of financial fervor.
- This degree is also beneficial on a personal level, candidates can get an analytical bent of mind with their logical and statistical strength on point.
- Applied mathematics is universally accepted and offers appealing job opportunities internationally as well.
What is the MSc Applied Mathematics Admission Process?
The admission in this course is done through entrance exams. Candidates are required to have a graduate degree with mathematics as a major which is asked by several colleges in order to get admission in their master’s program.
What is the MSc Applied Mathematics Minimum Eligibility Criteria?
- Candidates are required to have a graduate degree with mathematics as a subject in their course
- Candidates are required to have cleared their previous examinations with approximately 50 percentage as qualifying marks
- Candidates who have one year experience in this field are also given preference for admission in this course.
| Master of Science in Tamil Nadu | Master of Science in West Bengal | Master of Science in Uttar Pradesh | Master of Science in Karnataka |
MSc Applied Mathematics Entrance Exams
| Entrance Exams | Exam Dates |
|---|---|
| CUET PG | Check Here |
| BITSAT | Check Here |
| NEST | Check Here |
| IIT JAM | Check Here |
| DUET | Check Here |
| TISS NET | Check Here |
How to Prepare for the MSc Applied Mathematics Entrance Tests?
- Candidates are requested to go through the previous syllabus and practice basic laws and numerical of their subject
- Candidates are advised to regularly make notes and study via tutorials and videos
- Candidates are also requested to Study logical reasoning and aptitude tests via mock test service online.
- Candidates are advised to practice as much as they can to further sharpen their skills.
How To get Admission in Top MSc Applied Mathematics Colleges?
In order to get admission in this course. Candidates are advised to follow these instructions.
- Candidates are requested to check their respective college's website regularly for latest updates
- Once the notification is live for the entrance tests ( OUCET, DU CET ) etc., register yourself via registration portal and pay the respective fee to book your slot
- Candidates then are requested to reach their test center on time and give the test
- Candidates are also advised to check their college's website for any additional eligibility criteria to be met with
- Candidates are then advised to check their results (when announced) and then start filling the forms for the college of their choice to seek admission
- Submit the form and upload your scores including the score of your entrance test
- If admitted, you will receive a notification of it via mail or admission letter.
What is the MSc Applied Mathematics Syllabus?
| Semester One | Semester two |
|---|---|
| Classical Mechanics and Introductory, Quantum Theory Abstract Algebra Linear Algebra Real Analysis Complex Analysis Theory of Ordinary Differential Equations Partial Differential Generalized Functions & Integral Transforms | Continuum Mechanics Rigid Dynamics Continuum Mechanics II Topology, Functional Analysis & Operator Optimization Techniques Calculus of Variations Theory of Relativity Classical Electromagnetism. |
| Semester three | Semester four |
|---|---|
| Discrete Mathematics, Graph Theory Nonlinear Dynamics Numerical Analysis Advanced Paper 1 CBCS (A OR B) | Numerical Practical Stochastic Process Stochastic Differential Equations Advanced Paper 2 Advanced Integral Equations & Wavelet Transforms Project |
Top MSc Applied Mathematics Colleges in India
| Name of the college | Admission process | Annual Tuition fee |
|---|---|---|
| Presidency College Chennai | Graduation with entrance test | INR 923 |
| Miranda house Delhi | Graduation with entrance test | INR 16170 |
| Sri Venkateswara College Delhi | Graduation with entrance test | INR 13,191 |
| Osmania University College for women, Hyderabad | Graduation with OUCET | INR 35560 |
| Christ University Bangalore | Graduation with entrance test | INR 77500 |
| Madras Christian College Chennai | Graduation with entrance test | INR 14572 |
| The Oxford College of Science Bangalore | Graduation with entrance test | INR 50000 |
| Fergusson College Pune | Graduation with entrance test | INR 50780 |
| Amity University Gurgaon | Graduation with same discipline | INR 0.24 lakhs |
| Annamalai University Chennai | Graduation with TANCET | INR 8385 |
| Andhra University College of science and technology, Visakhapatnam | Graduation with AUCET | Not mentioned |
| Indian institute of technology Mandi | Graduation with IIT JAM | INR 26700 |
Course comparison
MSc in mathematics vs. MSc in Applied Mathematics: Which is Better?
| MSc in mathematics | MSc in Applied Mathematics |
|---|---|
| In this course, an individual learns the basics of pure math, that is theories related to Algebra (Abstract, Commutative, Galois Theory, Representation Theory), Analysis (Real, complex, functional, measure theory, Metric Spaces, The emphasis is laid on learning the theoretical side of mathematics | This discipline offers the application of mathematical laws and techniques, numerical into the physical world of industries and wherever its need might be. An individual learns ODE, PDE, Applied Integral Equations, Fluid Mechanics and Dynamics, Laplace Transformations and related topics to earn more momentum and command in corporate world as well |
| Career scope is limited to researching and teaching | Career options include corporate jobs, consultant jobs, banking and teaching, research etc. |
- The first and most importantly, a candidate can easily venture into teaching and can be employed as a teacher in prestigious colleges and institutions
- They can also contribute their analysis and insight by working as research associates with various mathematical organizations and institutes and develop theorems and equations for the betterment of the world.
- Candidates can easily venture into accounting and banking sectors and work on executive levels to navigate banking affairs
- Candidates are also required in Government treasuries and tax department as well as economic industry to work for the government and private undertakings as well.
- Candidates can also venture in the field IT and work as software programmers by combining skills of computing and programming
- Candidates can also work as data warehouse analysts and contribute to preserving and compiling data and apply mathematical knowledge to product results
| Name of the Job | Description of the job | Salary |
|---|---|---|
| Economist | The candidates or professionals of this field are required to collect data, analyze current economic trends and prepare reports and forecast on how we can further develop our economy and keep it steady | INR 3-8 lakhs |
| Research associates | Professionals of this field are required to research, prepare reports and data on various topics, analysis of information and compilation as well as studying and applying mathematics in to the real world and its conditions is what they are equipped to perform | INR 3-7 lakhs |
| Accountant | A professional who is required to prepare accounts and keep a track of transactions debited and credited as well as maintaining balance sheets of all the data transactions conducted each month. | INR 4-7 lakhs |
| Chartered Accountants | Individuals hired to maintain financial accounts of other organization as well as maintain each record with precision ,offer audit facilities and provide further insights on taxation and legal laws related to this are some added duties of a CA | INR 3-6 lakhs |
| Professors and lecturers | Individuals equipped with the knowledge of this discipline hired by educational institutions to impart knowledge to other students on a salary basis | INR 3-6 lakhs |
| Quantitative risk analyst | Individuals who are specially hired by business organization to predict their financial risk by proposing ideas that can minimize cost after taking risky leaps in business to ensure productive profits and loss in moderation | INR 3-10 lakhs |
| Equity analysis | Advisors on certain investment matters. Hired by individuals to offer insight on investment market and equity to ensure profits by meticulous calculation and mathematical knowledge | INR 3-9 lakhs |
MSc Applied Mathematics Future Scope
Candidates are made familiar with the laws of mathematics and its application in the physical world which enables them to perform sharply and efficiently in any business or work that they decide to pursue
- Candidates after finishing their degree can also go for higher studies, pursuing PHD programs can also prove beneficial to them in the long run
- Candidates can get easy access into the accounting industry which opens many avenues such as banking and finance firms, working under such firms can include attractive financial packages and regular pool of clients
- Candidates can also easily get appointed in various private and public colleges fluent in teaching mathematics to people. They can teach degree and Master level classes as well.
- Candidates can also seek active employment in government posts such as taxation, public policy and financial investment posts as well
- Candidates can also seek jobs in investment related market
- Candidates can also get employment in the sector of consultancy. Providing valuable advice on crucial financial and risk Taking abilities of business owners and organizations can also be an attractive job post.
- Candidates can always go into computer related courses such as programming by combining their skills of mathematics with computers to apply practical knowledge into existing industries.
MSc Applied Mathematics FAQs
Ques. What is MSc Applied mathematics?
Ans. As explained above. Applied mathematics is a discipline that teachers in-depth knowledge of mathematical laws and their applications into various industrial elements
Ques. What is the duration of this course?
Ans. This course is of two-year duration and is divided into four semesters
Ques. What is the scope of MSc Applied Mathematics?
Ans. As a graduate of this program Individuals can easily get jobs as teachers, researchers, bank analysts, investment specialists, etc.
Ques. What can we do after MSc in Applied Mathematics?
Ans. A person with this degree can also opt for higher studies as well as seek employment with banking, industrial, and research associates jobs and organizations
Ques. How should I prepare for the entrance for admission in this course?
Ans. As mentioned above, students are advised to practice regularly via mock tests and notes to perform well in their exams
Ques. Can MSc in Applied Mathematics provide job positions internationally?
Ans. Yes. It can. Due to the curriculum that is acceptable worldwide, one can broaden their horizons by seeking employment abroad
Ques. Which college is the best for this degree?
Ans. As mentioned already, all the colleges provided are best in their curriculum and offer exceptional course work and knowledge.
Ques. How to become good in Applied Mathematics?
Ans. For an individual to get admission in this course prerequisite in mathematics is a mandatory thing, individuals are advised to have a strong mathematical base in order to get admission in this program
Ques. What are the jobs for MSc in Applied Mathematics graduates in India?
Ans. There are plenty of options available for graduates of this program a candidate can easily get a job in banking sectors, industries related to economy and logistics as well as teaching and research.
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