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

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Sakshi Gupta

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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) Fee Structure in India


3.25 K (Minimum Fee)PUBLIC COLLEGES2.68 L  (Maximum Fee)
51.80 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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