MSc Applied Mathematics Jobs, Syllabus, Top Colleges, Ranking, Salary, Distance Education in India 2023

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Ahana Bhaduri

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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.

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.

Master of Science [M.Sc] (Applied Mathematics) : 28 answered questions

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Ques. Which one will be a better choice for an MSc in maths, IISc, ISI Kolkata, or IIT KGP?

● Top Answer By Arnav Roy on 17 Jul 23

Ans. While all three institutes are prestigious institutes, my sister chose ISI Kolkata for a number of reasons. Here are a few reasons ISI Kolkata is the best institute when it comes to Maths and it is ranked #1401+ in QS World University Rankings 2024. Its flagship course is B.Stat.  In this modern era, Statistics is highly demanded and ISI opens opportunities in the same.  The placement scenario of ISI Kolkata is at par with the top IITS. The average package recorded is INR 25.50 LPA while the highest stood at INR 89 LPA.   The institute offers a full scholarship and currently, a number of ISI pass-outs are undergoing PhD programs in top foreign universities. ISI has no tuition fees except hostel fees. In fact, students get an annual scholarship of Rs. 36,000/-. The small batch size improved the student-teacher ratio as a result all students got individual attention. The accommodation facilities are great and students are allotted single occupancy rooms.  ISI Kolkata is a great option as it offers opportunities in both, jobs and higher education.Read more
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Ques. Should I take MSc Maths at BITS Pilani?

● Top Answer By Shruti Dasgupta on 03 Jul 23

Ans. Let me clear the general misconception that the level of MSc Maths at BITS Pilani is similar to the 10+2 level. Class 12th Maths is highly analytical while MSc Maths is full of definitions, theories, and proofs. The pedagogy adopted is poor and the majority of students study this subject despite a lack of interest. For someone who has no interest in Analytical stuff, courses such as ERA, Topology, and Functional Analysis can be very challenging. Some courses which will intrigue you will be of no use because BITS follows the relative grading system where you are graded according to how well you perform as compared to others. Overall, if you like complex theories and expressions then go for it, but if you too have no interest in complex theories it’s better to not take it.  While many claims that Maths+CS is the best combo, let me tell you that you can take 3–4 Maths courses that help in CS as electives in your CS degree. MSc in Maths is a suitable option only if you are willing to pursue a career in Mathematical research, else the best dual degree option is MSc in Economics. The curriculum is light and knowledgeable. Read more
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Ques. What's the reputation of the South Asian University in Delhi for an MSc in applied mathematics?

● Top Answer By Suhani Kashyap on 23 Jun 21

Ans. South Asian University is a central funded government university. According to my friend studying there, It is not only an exceptional university in India but only one among the records of international universities in the world. This international university was established by a member of the SAARC. It was a dream project of Dr. Man Mohan Singh which he had proposed in the 13th SAARC summit held in Dhaka. It was later in the 14th summit that the establishment of this university was decided to be held in India. It provides courses of Applied Math, Biotechnology, Computer Science, Development Economics, International relations, Sociology, and Legal Studies. Its permanent campus is under construction in Maidan Garhi, Delhi while being operated from Akbar Bhawan, Chanakyapuri. SAARC consists of 8 countries which are India, Afghanistan, Bangladesh, Bhutan, Maldives, Nepal, Pakistan, and Sri Lanka. Therefore, the degree given by the university is recognized by the UGC of all 8 countries. The tag of SAARC attached would benefit your career in foreign countries as well. SAU has its own limitations as it is a new university. SAU is yet to be known among the scholarly and creating its name. Due to its less popularity, the entrance competition is not very tough. However, students prefer IITs, DU, and JNU for their post-graduate studies ignoring the high-level facilities provided at SAU.Read more
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Ques. Should I opt for an M. Sc. Math course in BITS Pilani?

● Top Answer By Trina Saha on 22 Jul 21

Ans. You are perhaps going for one of the most difficult streams of M.Sc, which is, of course, Maths. Few of my friends are studying there and as they have mentioned, by the time you reach your third year, one of the subjects in Maths would have a good number of theorems. The next thing you would have is coordinate geometry as a part of your Maths 1. This would come in handy while solving double/triple integrations. However, this is still the base of things. It gets complicated ahead- although, not sure if that would be in the third year essentially. Perhaps for better clarity, you should try and reach out to someone who is actually doing his/her M.Sc from BITS Pilani Now, when it comes to application and coding Mathematics, the wisest combination to opt for is M.Sc Maths along with CS. By the time you become a pro at coding, these math concepts wherein you studied geometry might come in handy for the applications that you would use. Try and sustain a CGPA of 8+, if you are genuinely serious about carrying along with CS as a second subject option. My friends mentioned that students who are carrying along two degrees at the same time have CS as their ultimate aim. There were a few friends of mine who with a double degree, either ended up slogging into semesters, achieved CS with hardly any effort, and eventually, some of them had to choose chemical/civil out of sheer compulsion.Read more
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Ques. How is the integrated MSc at BIT Mesra?

● Top Answer By Arun Biswas on 12 Apr 23

Ans. If you are interested in pursuing a career in research, the integrated MSc program offered by BIT Mesra is a great option to consider. Here are some key points to keep in mind: The program offers a comprehensive curriculum that covers a wide range of topics in mathematics, computing, physics, chemistry, and food technology. This provides students with a strong foundation in the fundamentals of science and prepares them for advanced study and research. One of the unique features of the program is that it offers an exit option after the third year , allowing students to leave with a BSc degree if they choose to do so. This is not available at many other colleges and can be helpful for those who may want to pursue other options after completing their undergraduate studies. If you choose to continue with the program and complete the full five-year integrated MSc, you will have the opportunity to specialize in mathematics and computing , which is equivalent to a computer science degree. This specialization can be particularly useful if you are interested in pursuing a career in software development or data science. While placements should not be the primary focus of a science degree, the mathematics and computing specialization at BIT Mesra has a good placement record . Students who work hard and excel in their studies can expect to have job opportunities available to them after graduation. The Integrated MSc program at BIT Mesra is a rigorous and demanding course of study. It requires a strong commitment to hard work and dedication to succeed. However, for those who are passionate about science and research, it can be a highly rewarding and fulfilling experience.Read more
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Ques. Should I go for M.Math program at ISI Kolkata?

● Top Answer By Ritwik Patnayak 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. Am I eligible to go for a Ph.D. after I do an MSc in Math through distance learning from Annamalai University? Is the Annamalai distance education UGC recognized?

● Top Answer By Singdha Bnerjee on 27 Jun 23

Ans. You can most certainly pursue your Ph.D. after completing your MSc through distance learning mode from Annamalai University. Annamalai University distance education is UGC recognized.You can contact University DDE for further details. Annamalai University is a reputed public university in Tamil Nadu. Its regular and distance education programs both are recognized by the UGC and DEC. The university offers a well-established distance education program. A wide range of courses are offered through distance learning mode.Read more
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Ques. How are the placements for Msc maths students in NIT WARANGAL?

● Top Answer By Raktim Tarafdar on 18 Aug 23

Ans. The job opportunities of an MSc Maths student at NIT Warangal depend solely on his own inclinations and goals. For instance, if you want to go for an IT job, you might receive some offers. However, because of the intense competition between MSc and MTech students, it will be hard to get a great package.  Here are the statistics that might give you a slight idea of the placement scenario of MSc Maths at NIT Warangal Particulars Mathematics & Scientific Computing Applied Mathematics Placements Percentage 95.6% 50% Highest Package INR 16 LPA INR 12 LPA Lowest Package INR 5 LPA INR 4.2 LPA Median Package INR 12 LPA INR 10.5 LPA Average Package INR 10.2 LPA INR 10.65 LPA If you want to enter Academica, you can ask one of your professors to write a letter of recommendation. So, the availability of job opportunities at NIT Warangal directly depends on you alone. 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 Jeet Shah on 24 Mar 23

Ans.  If you're trying to decide between pursuing a Master of Science in Mathematics at BITS Hyderabad and a Computer Science Engineering degree at Vasavi College of Engineering, here's some information that may help you make an informed decision. If finances are not a major concern, it may be a good idea to choose BITS Hyderabad's MSc Mathematics program over Vasavi's CSE program. The reason for this is that in the second year of the MSc Mathematics program, you will be allocated a BE degree. If you have a good CGPA in your first year of the MSc program, you may be allocated a good B.E. degree, such as in Computer Science Engineering (CSE) or any circuit branch. This is significant because a B.E. degree from BITS Hyderabad is highly regarded and could provide a good return on investment in terms of career opportunities and earning potential. Additionally, BITS Hyderabad has a reputation for providing quality education and exposure to industry-relevant skills and knowledge. It's important to note that while a good CGPA can increase your chances of getting a desirable B.E. degree at BITS Hyderabad, there is no guarantee. Additionally, pursuing an MSc in Mathematics and a subsequent B.E. degree may require more effort and time commitment than pursuing only a CSE degree at Vasavi College of Engineering. Ultimately, the decision between BITS Hyderabad's MSc Mathematics program and Vasavi's CSE program depends on your personal preferences, career goals, and financial situation. It's recommended that you research and compare the programs, their admission requirements, course curriculum, faculty, and placement records before making a decision.Read more
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Ques. Should I do MSc in Mathematics from IIT Guwahati, or should I take a drop? Will life be good after doing MSc from IIT Guwahati?

● Top Answer By Nived Tripathi on 03 May 23

Ans. IIT Guwahati is the best choice for those interested in either mathematics or a corporate job. IIT Guwahati gives you a chance to major in mathematics and computing. The combined curriculum makes the MSc students of IIT Guwahati more employable than students of other IITs. For those who are true Math lovers, IIT Guwahati is the perfect choice for them. The teachers help you pursue mathematics seriously and guide you toward higher studies. They deliver the true essence of the concepts and not every student just mug up the concepts.  It’s best to figure out what you want quickly and make the right decision without any further delay.Read more
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Master of Science [M.Sc] (Applied Mathematics) Colleges IN INDIA

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51.26 K first year fees
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Amity University
Noida, Uttar Pradesh
1.07 L first year fees
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Amity University
Mumbai, Maharashtra
94 K first year fees
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13.86 K first year fees
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54.75 K first year fees
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3 K first year fees
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Amity University
Gurgaon, Haryana
1.14 L first year fees
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