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

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Sakshi Gupta

Content Curator | Updated on - Sep 28, 2021

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.

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.

Course Level Postgraduate
Duration 2 Years
Minimum Qualification Required Graduation (B. Sc./ B.E./ B. Tech.) from a recognized university.
Admission Procedure Counseling after qualification of a relevant entrance examination.
Examination Type Semester System
Total Course Fee INR 1 to 3 Lacs
Average Starting Salary INR 3 to 10 Lacs (tentative)
Job Positions Offered Accountant, Professor, Research Scientist, Business Analyst, Charted Accountant, and such.
Entrance Examinations GGSIPU entrance test, National Institute of Technology (NIT) Common Entrance Test, RTU entrance exam, University of Delhi (DU) entrance exam, etc.

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.Din 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.

NAME OF INSTITUTE CITY AVERAGE ANNUAL FEES
Loyola College Chennai INR 5,953 (course)
ST. Xavier’s College Mumbai INR 13,708 (course)
Christ University Bangalore INR 77,500 (course)
Madras Christian College (MCC) Chennai INR 14,572 (course)
The Oxford College of Science (TOCS) Bangalore INR 40,000 (course)
Stella Maris College Chennai INR 24, 343 (course)
Ramjas College New Delhi Not Mentioned
Fergusson College Pune INR 4,698 (course)
Hans Raj College (HRC) New Delhi INR 12,327 (course)
Presidency College Chennai INR 927 (course)
Miranda House College New Delhi INR 14,170 (course)
Mount Carmel College (MCC) Bangalore INR 42,400 (course)
ST. Xavier’s College (SXC) Kolkata INR 73,100 (course)
SRI Venkateswara College New Delhi INR 10,976 (course)
Gargi College New Delhi INR 7,591 (course)
St. Joseph’s College Devagiri Calicut INR 4,500 (course)
St. Francis College for Women Hyderabad INR 4,250 (course)
Hindu College New Delhi INR 12,327 (course)
Ramnarain Ruia College (RRC) Mumbai INR 13,960 (course)
Osmania University College for Women (OCW) Hyderabad INR 35,560 (course)

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.

Semester I

Semester II

Applied Mathematics Measure & Integration
Real Analysis 1 Topology
Linear Algebra Rings and Modules 1
Discrete Mathematics Structures Ordinary Differential Equations
C Programming Functional Analysis
Elements of Prob. & Stat. -
Linear Programming -
Real Analysis 2 -
Complex Analysis -

Semester III

Semester IV

Partial Differential Equations Dynamical Systems
Numerical Analysis Advanced Courses on Differential Equations
Mathematical Methods Fluid Mechanics
Non-Linear Programming Classical Mechanics

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.

Master of Science (M. Sc.) in Applied Mathematics
JOB PROFILE JOB DESCRIPTION SALARY (Tentative)
Research Scientist Responsible for designing, undertaking, and analyzing information from controlled laboratory-based investigations, experiments and trials, and for working with team members to identify project goals, research methods, variables, and other test parameters, and also to choose how to collect data and offer recommendations. INR 3 to 7 Lacs
Economist They research and analyze economic issues, conduct surveys, collect data, and analyze data using mathematical models and statistical techniques. INR 3.5 to 7 Lacs
Accountant They prepare asset, liability, and capital account entries by compiling and analyzing account information, document financial transactions by entering account information, and recommend financial actions by analyzing accounting options. INR 4 to 8 Lacs
Charted Accountant They offer financial advice, audit accounts, and provide trustworthy information about financial records. The role might involve financial reporting, taxation, auditing, forensic accounting, corporate finance, business recovery and insolvency, or accounting systems and processes. INR 3 to 7.5 Lacs
Professor They teach at undergraduate and graduate levels in areas allocated and reviewed from time to time by the Head of Department, and supervise or assist with the supervision of undergraduate or taught graduate (Masters) students. INR 3 to 6 Lacs
Business Analyst They develop technical solutions to business problems, towards advancing a company's sales efforts, beginning with defining, analyzing, documenting, eliciting and organizing requirements. INR 2.5 to 6 Lacs
Quantitative Risk Analyst They apply quantitative methods to help companies make business and financial decisions. Outside of the banking world, a Quantitative Analyst might work for an insurance company helping to develop pricing models and risk evaluation strategies. INR 3 to 7.5 Lacs

Master of Science [M.Sc] (Applied Mathematics) : 14 answered questions

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Ques. How good is Pondicherry University for MSc in Mathematics?

● Top Answer By Aaditya Hari Nair on 28 Sept 21

Ans. I have a few friends from the Mathematics department of Pondicherry University. Here is what they had to say about the department.  The Mathematics block is known as the Ramanujan School of Mathematical Sciences.  The school aims to impart quality academics to students in different sections of Mathematics and Statistics, through different post-graduate study programs in Mathematics and Statistics.  These two departments of the school have an extremely qualified faculty, alongside a well-established infrastructure with the inclusion of decent laboratories. The institute also has excellent computing facilities.  The research activity that’s being carried out as of now is in various emerging disciplines. Students, in addition, also secure placements in several MNCs.  This is everything that you should be aware of about Pondicherry University. Hope this helps answer your question.Read more
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Ques. Should I go for M.Math program at ISI Kolkata?

● Top Answer By Aaditya Hari Nair on 16 Sept 21

Ans. M.Math is quite thorough in different ways, it is best not to end up opting for it without vital information. As a brief interpretation, you really do not require programming skills to further opt for the M.Math course.  A very intensive knowledge of linear algebra, real analysis, and basic abstract algebra is required prior to joining the M.Math course. Despite that, the course is very challenging.  The academic background does not necessarily affect the course you are about to take up. There are students who arrive from an engineering background.  It is best to go through the coursework of Mathematics and decide whether or not you are inclined towards it or not.  M.Math students usually secure placements at a variety of companies, but achieving that howsoever is extremely difficult. Thus, choose only if you are confident. Read more
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Ques. Should I take NIT Surat for mechanical engineering or BITS Goa for an MSc in maths?

● Top Answer By Aaditya Hari Nair on 24 Aug 21

Ans. There are different viewpoints for the same question. It primarily depends upon what is best for you, and whether or not the course you are willing to take interests you.  One of my friends encountered a similar problem likewise, and addressing the same, here are some points you might want to consider before diving into any conclusion, A dual degree in Mathematics, Physics, and Chemistry is claimed as a part of Science, while others are considered in the case of Engineering. You will learn the theories of science instead of the application of technology. In Mathematics, you are supposed to learn the series of higher-order and their respective application. While, in Mechanical Engineering, you will learn more deeply about Engines, Boilers, Automobiles, Refrigerator Systems, and much more. A single degree, like Mechanical Engineering, CSE, EE, Civil Engineering, or Chemical Engineering, can be more advantageous than dual degrees.  If you opt for a dual degree in Mathematics, you have a higher probability of becoming a mathematician or a professor. But, in case you pursue Mechanical Engineering from NIT Surat, then you bear higher chances of securing a placement offer at top-tier MNCs. Your choice should always remain ahead of most others. The one piece of advice is that in NIT Surat, you supposedly cannot change your degree from M.Sc to B.Tech following the 1st year and vice versa.  You should research the same for BITS Goa and find whether or not the rule is similarly applicable in the institute. This is the basic difference you can find between both institutes. Read more
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Ques. Which is better ICE at Nit Trichy or bits Goa msc mathematics?

● Top Answer By Aaditya Hari Nair on 24 Aug 21

Ans. I have friends pursuing courses you mentioned above at either institute. Based on the discussion I have with them, here is what should be best for you, The institutes can be considered quite equivalent to one another, but BITS Goa has an upper hand.  M.Sc at BITS Goa can be specialized following the first year, during which you will be allocated a B.E course depending upon your CGPA.  With a 6 CGPA, you can get Mechanical Engineering, which is quite an easy job. In contrast, it is better than ICE. However, if your scores are high enough then you might get a seat in CSE.  By the end of 5 years, you will be receiving a B.E and an M.Sc degree, which is nonetheless a smarter choice.  However, the fees at BITS Goa are quite a lot. Read more
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Ques. Which is better, BITS Hyderabad for an MSc. in maths or Vasavi College of Engineering for a CSE?

● Top Answer By Aaditya Hari Nair on 20 Aug 21

Ans. I have friends from both Vasavi College of Engineering and BITS Hyderabad, so I think I can give you some information regarding placements at these institutes.  Doing CSE from Vasavi will be a good option. You will have good placement opportunities if you have a considerable GPA and good coding and communication skills. There are approx 120 students in each branch every year and there are about 70 good packages offered that range from 7 to 22 LPA. Only three branches, i.e. CSE, ECE, and IT get these elite packages. More than 80% of the students from these branches get placed. If you are in the top 20% of the class among these branches then there is a good chance of getting decent offers. According to 2021 placements, the highest and lowest CTC offered to the students was 21 LPA and 3.5 LPA.  Having an M.Sc degree in Maths from BITS may not create many options at the campus placements in comparison to Vasavi. But you will get a Brand tag. You will also have an amazing campus life in comparison with Vasavi. There are not many restrictions at BITS. One of the important things to consider for BITS is the hefty fee structure.  It’s the choice that is yours. If you want a good campus life and a BITS tag, holistic diverse experience and are okay with the fee structure then you can choose BITS. And if you are okay with normal campus life, strict regulations and low fee courses, and good academics then Vasavi would be a good option.Read more
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Master of Science [M.Sc] (Applied Mathematics) Fee Structure in India


3.25 K (Minimum Fee)PUBLIC COLLEGES2.68 L  (Maximum Fee)
52.32 K (Average Fee)
25.28 K (Minimum Fee)Private COLLEGES1.80 L (Maximum Fee)
1.07 L (Average Fee)

Master of Science [M.Sc] (Applied Mathematics) Fee Structure By state


Andhra Pradesh

8 KPUBLIC COLLEGES1 L
40.70 K
1.12 LPrivate COLLEGES1.20 L
1.17 L

West Bengal

3.25 KPUBLIC COLLEGES85.50 K
46.14 K
50 KPrivate COLLEGES1.80 L
1.27 L

Uttar Pradesh

19.35 KPUBLIC COLLEGES1.24 L
55.71 K
57.29 KPrivate COLLEGES1.60 L
1.04 L

Telangana

4.52 KPUBLIC COLLEGES35.72 K
16.53 K
25.28 KPrivate COLLEGES40 K
31.43 K

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4 Reviews found out of 177290


MG
7.5 /10

Course Curriculum Overview :

It's good. Quite a balance of both. The more emphasis is on applied Mathematics ofcourse but there are courses in pure mathematics too. Exam structure is Quiz 1, Quiz 2 followed by a end semester exam. The waitage of marks depends upon teacher. But it's of 25-25-50 generally. We have a technical project consists of 25% of the overall waitage of my M.Sc Program which is research oriented and industry based which will eventually help me to gain a insights into higher mathematics research explosure. There was no industry visit. But the core courses were less useful in getting jobs, I have to do elective courses from CS department to get overall knowledge. We have flexibility to choose from electives. Electives range from civil to computer science department courses.

Admission :

It was based on JAM Joint Admission Test for admission in Master's Program in IITs and IISERs. I got admission here in 2018. The whole process was online. I paid fees online and on the day of reporting I have to physically verify my documents and proof of admission fees payment. I choose IIT Mandi because it's an IIT ofcourse and moreover I wanted to persue my master's from a quite place like Mandi which is in Himachal Pradesh away from city hustle. I want to do advance study in mathematics, being an IIT it will give me more exposure then a regular University.

Campus Life :

Girls are less compared to boys, we can party in campus with prior permission. The LGBT community is not there in campus. There are hanful of debates, and other cultural activities which makes life easier in Himalayas. Students are from mainly Rajasthan, UP and South Indian. Few are from Himachal Pradesh too. The overall quality of students in master's program is not as per I have expected. Mostly students are Hindu. Almost 95 percent.

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S
6.2 /10

Course Curriculum Overview :

Course syllabus is excellent.In our university, lecturers encourage students to participate in many activities like debates,seminars,quiz,essay writing,elecution,postal presentation,paper presentation,singing,dancing and sooo on.And our lecturers are very active and student friendly.Excellent faculty like mallipriya mam,varakumar sir,ashok sir and Geetha laxmi mam.Mallipriya mam is experienced and skilled.

Placement Experience :

Our university is newly established and it's a well developed in a less time,but for the upcoming students they offered placements and extra courses to make students happy.studying in this university is feeling proud and happy.But in upcoming years university provide so many placements and internships for students to reach their heights.

Remarks :

Good infrastructure having library facility and computer labs and good environment to study and good play ground,faculty interaction with students is good and hostel facility and encourage students by conducting various programs and camps like NSS.It is the best and we'll known University in our village

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Master of Science [M.Sc] (Applied Mathematics) Colleges IN INDIA

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23.5 K first year fees
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9.09 K first year fees
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University of Calcutta
Kolkata, West Bengal
UGC
2.31 K first year fees
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10.71 K first year fees
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20 K first year fees
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Amity University
Noida, Uttar Pradesh
NCTE
80 K first year fees
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