M.Sc Applied Mathematics: Course Details, Eligibility, Admission, Fees

Duration: 2 Years
Avg Fees: ₹1 LPA
Surobhi Chatterjee
Surobhi Chatterjee

Updated on - Jan 4, 2023

M.Sc Applied Mathematics is a two year graduate program that deals with the detailed knowledge of mathematics, and economics. The aim of the M.Sc Applied Mathematics course is to make the student a professional in the field of services management such as Assistant Professor, Research Associates, Economic Analyst Consultants and Advisors, Chartered Accountants, Risk Assessor, etc.

About M.Sc Applied Mathematics Education

An M.Sc Applied Mathematics is a two years postgraduate program that deals with 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 better computation and helping them grow in their course.

M.Sc Applied Mathematics course guides the students to process later or industrial modelling techniques focused 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 course falls under the umbrella of M.Sc.

Eligibility Criteria for M.Sc Applied Mathematics

M.Sc Applied Mathematics eligibility includes that the students should have passed their undergraduate with a minimum aggregate of 50% marks. The universities take admission in this M.Sc Applied Mathematics course on a merit basis and some conduct entrance exams as well. For pursuing the program, the students should know the M.Sc Applied Mathematics course details properly. There is no age limit for taking admission in the M.Sc Applied Mathematics course. 

Who Should Pursue a M.Sc Applied Mathematics Course?

The M.Sc Applied Mathematics course duration is a two-year-long postgraduate program that has course syllabi that gives a deep understanding of proper service management with all of the fundamentals and principles. This allows the students to design, develop, and understand various mathematics equations and algorithms for their application in the real world. How these equations through their sophisticated approach can better-existing industries and resources.

Those students who want to enhance their knowledge a bit more in the sector of theoretical and numerical knowledge of the world and its issues and to tackle them with the help of science and better our resources for the long run and who believe in serving society by communicating and giving advice like how to control and handle the responsibilities can pursue this course.

When To Do M.Sc Applied Mathematics Course?

Typically, it makes sense for M.Sc Applied Mathematics aspirants to apply for their respective courses immediately after completing graduation with minimum marks of 50%. Students can also apply for this course after obtaining some work experience as that would help them learn about concepts in a more practical manner.

How To Get Admission for M.Sc Applied Mathematics?

M.Sc Applied Mathematics admission is quite simple and easy. The students having their bachelor's degree with 50% marks can apply straight away. The universities take entrance exams and also take direct admission based on merit. The students are guided to check the college website to get detailed information. 

How to Apply?

There are two ways to apply for admission in the M.Sc Applied Mathematics course. Either online by visiting the college website and following the steps given there or offline by visiting the university's office. There are certain colleges that take interviews for checking the knowledge and communication skills of the candidates.

Selection Process

The selection process for the courses under M.Sc Applied Mathematics in India is usually the same irrespective of the specialization. Generally, once the application for the course is received, colleges decide on the final selection of the candidate's M.Sc Applied Mathematics based on the marks obtained by them in the entrance exams. Additionally, the merit obtained by the candidates in their undergraduate degrees also plays an important role.

Types of M.Sc Applied Mathematics Courses

Aspirants can pursue the M.Sc Applied Mathematics course in the full-time, part-time, and also distance modes. Below are the types of M.Sc Applied Mathematics courses in detail:

Full-Time M.Sc Applied Mathematics 

The M.Sc Applied Mathematics course duration is for 2 years, where the students have to attend the regular lectures, submit assignments, and write the examination on the college campus. The full-time M.Sc Applied Mathematics course is quite good for the students who want to get a lot of exposure, and knowledge through face-to-face interaction.

Part-Time M.Sc Applied Mathematics

The part-time M.Sc Applied Mathematics course is designed for students who cannot attend regular classes. Part-time postgraduate course either held on the weekend, online or at night. The M.Sc Applied Mathematics part-time course is designed for students who are engaged in their employment and research as well. The duration of the M.Sc Applied Mathematics part-time course is 3 years.

Distance M.Sc Applied Mathematics

The distance-time M.Sc Applied Mathematics course is provided by many colleges and universities. This course is basically for the students who are working professionals or job people. The M.Sc Applied Mathematics course is considered as anywhere anytime. The duration of the M.Sc Applied Mathematics distance course is 3 years.

Entrance exams are a common test process for colleges to check whether the student has the ability to pursue the course or not. When it comes to M.Sc Applied Mathematics courses, there are few entrance exams that are conducted from time to time as per the academic session.

Listed below are some of the popular exams:

A Quick Glance at the M.Sc Applied Mathematics Entrance Exams

For getting more information about the M.Sc Applied Mathematics course details, the students are advised to visit the college website.

Below listed are some of the general guidelines of the M.Sc Applied Mathematics entrance examinations: 

  • MCQ-based papers And English, Logical Reasoning, Analytical Thinking, and subject-specific questions are there in the exam pattern.
  • The syllabus, mode of examination, and question pattern depend on the university/conducting body.

Top M.Sc Applied Mathematics Colleges in India

In India, there is a huge demand for hospitality staff who can give the community proper knowledge about hotels and resorts. 

That’s why there are varieties of universities that take admission of students who are interested in the course of M.Sc Applied Mathematics to give their best features, faculty, and proper education. Below is the list of the 8 best M.Sc Applied Mathematics Colleges in the country:

Sl.No

Name of the College

1

Presidency College, Chennai

2

Miranda House, Delhi

3

Christ University, Bangalore

4

Madras Christian College, Chennai

5

Amity University, Gurgaon

6

Chandigarh University, Mohali

7

NIMS University, Jaipur

8

Gurugram University, Gurgaon

Top M.Sc Applied Mathematics Colleges in New Delhi

India’s capital city is home to some of the best institutions for M.Sc Applied Mathematics in India. Check the table below for the top M.Sc Applied Mathematics colleges in New Delhi:

Sl.No

Institution

1

IGNOU

2

Amity University

3

Gurugram University

Top M.Sc Applied Mathematics Colleges in Pune

Pune also has some of the best institutions for M.Sc Applied Mathematics in India. Check the table below for the top M.Sc Applied Mathematics colleges in Pune:

Sl.No

Institution

1

NIA

2

TCSC

3

Institute of Actuarial and Quantitative Studies

4

Shri Balaji Institute

Top M.Sc Applied Mathematics Colleges in Chennai

Tamil Nadu’s capital city is home to some of the premier institutions for M.Sc Applied Mathematics in India. Check the table below for the best M.Sc Applied Mathematics colleges in Chennai:

Sl.No

Institution

1

University of Madras

2

B.S. Abdur Rahman Crescent Institute of Science and Technology

3

BHC

Top M.Sc Applied Mathematics Colleges in Mumbai

Mumbai is renowned around the country for colleges offering top M.Sc Applied Mathematics programs. Check the table below for the best M.Sc Applied Mathematics colleges in Mumbai:

Sl.No

Institution

1

Institute of Actuarial and Quantitative Studies

2

S. S. & L. S. Patkar College of Arts & Science

3

V.P. Varde College of Commerce and Economics

4

University of Mumbai

Top M.Sc Applied Mathematics Colleges in Hyderabad

The Telangana state capital has some premier institutions in the country for M.Sc Applied Mathematics Courses in India. Check the table below for the top M.Sc Applied Mathematics colleges in Hyderabad:

Sl.No

Institution

1

IIRM

2

Smears Education Solutions

3

S.MONK School Of Actuaries

4

Vaishnav Education Group

5

Risk Professionals Academy

Top M.Sc Applied Mathematics Government Colleges

There are several top Government Colleges offering quality M.Sc Applied Mathematics Programs across the country. Check the table below for the top M.Sc Applied Mathematics government colleges in India:

Sl.No

Institution

1

Government College, Kerala

2

IGNOU, Delhi

3

MG University, Kerala

4

YCMOU, Maharashtra

Top M.Sc Applied Mathematics Private Colleges

India has seen significant growth in the number of quality M.Sc Applied Mathematics private colleges that offer some of the best programs in the country. Check the table below for the top M.Sc Applied Mathematics private colleges in India:

Sl.No

Institution

1

Christ University, Bangalore

2

Amity University, Noida

3

University of Madras, Chennai

4

Kerala University, Kerala

Study M.Sc Applied Mathematics Abroad

The M.Sc Applied Mathematics course abroad is for 2 years, depending on the type of course, college, and country. The benefits of studying an M.Sc Applied Mathematics course abroad are access to some of the best resources, facilities, and faculties, apart from worldwide exposure in terms of subject matter and other cultures. 

In addition, an M.Sc in Applied Mathematics is one of the best courses to study abroad because of its diversity. Below are some of the top M.Sc Applied Mathematics colleges abroad along with fees structure:

Top M.Sc Applied Mathematics Colleges Abroad

The table below contains a list of some of the best colleges abroad for M.Sc Applied Mathematics:

Institution

Fees

University of Montana, USA

USD 45,000

University of Rochester, USA

USD 33,472

University of Texas, USA

USD 41,552

Dallas Baptist University, USA

USD 20,744

Concordia University, Canada

USD 19,000

University of Wisconsin, USA

USD 49,072

University of Colorado, USA

USD 25,128

University of Maine, USA

USD 39,552

Arkansas Tech University, USA

USD 58,000

Top M.Sc Applied Mathematics Colleges in the USA

The USA is home to some of the best universities and colleges offering top-notch M.Sc Applied Mathematics programs in the world. The table below contains the list of top M.Sc Applied Mathematics colleges in the USA:

Sl.No

Institution

1

Stanford University

2

Harvard University

3

Yale University

4

Princeton University

5

Columbia University

Top M.Sc Applied Mathematics Colleges in the UK

The UK has institutions that date M.Sc Applied Mathematics to the 13th century. This makes the UK one of the best destinations for pursuing a M.Sc Applied Mathematics. The table below shows the top colleges in the UK for M.Sc Applied Mathematics:

Sl.No

Institution

1

University of Leeds

2

University of Surrey

3

Newcastle University

4

University of Nottingham 

5

University of Roehampton

Top M.Sc Applied Mathematics Colleges in Canada

Known as the ‘Great White North, Canada is one of the most sought-after destinations for M.Sc Applied Mathematics programs in the world:

Sl.No

Institution

1

Saskatchewan Polytechnic

2

George Brown College

3

Langara College

4

Cape Breton University

5

University of Alberta

Top M.Sc Applied Mathematics Colleges in Australia

Known as the ‘Land Down Under’, Australia has emerged as one of the top destinations for higher studies for many students. The list of top M.Sc Applied Mathematics colleges in Australia is as follows:

Sl.No

Institution

1

Deakin University

2

University of Sydney

3

Australian Catholic University

4

Monash University

5

Bond University

Fee Structure for M.Sc Applied Mathematics 

The M.Sc Applied Mathematics Course fee is not fixed and depends on many factors. Some of the factors which affect the M.Sc Applied Mathematics fees include location, faculty, demand, infrastructure, and the facilities available to the students. The average M.Sc Applied Mathematics course fee in India is around INR 1 - 3 LPA.

Sl.No.

Name of the College

Total Fee Structure (INR)

1.

Presidency College, Chennai

923 PA

2.

Miranda House, Delhi

16,170 PA

3.

Christ University, Bangalore

77,500 PA

4.

Madras Christian College, Chennai

14,572 PA

5

Amity University, Gurgaon

0.24 LPA

Syllabus and Subjects for M.Sc Applied Mathematics

The M.Sc Applied Mathematics Syllabus is quite different from other courses because it involves health and nutritional concepts. Given below some of the subjects included in the course syllabi of the M.Sc Applied Mathematics:

  • 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

Read More: M.Sc Applied Mathematics Syllabus and Subjects

Why Choose M.Sc Applied Mathematics Course?

For pursuing the M.Sc Applied Mathematics qualification, they should research the M.Sc Applied Mathematics course details to ensure that they know the course they are enrolled in. Some of the common queries that students encounter are, "What is M.Sc Applied Mathematics " and "Why M.Sc Applied Mathematics?". Let's go further about these two fundamental questions;

What is M.Sc Applied Mathematics All About?

M.Sc Applied Mathematics course duration is a 2-years-long undergraduate program that has a course syllabi that gives a deep understanding of Mathematics, and Statistics. M.Sc Applied Mathematics course allows the students to gain knowledge about how to have a managing idea and how to handle the responsibilities of a course specially designed to apply the universal laws of mathematics in the conventional world to derive a conclusion and to avert any crisis.

Those Students who want to enhance their knowledge a bit more in the sector of management principles and who believe in serving society by giving the best services in 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.

What Does a M.Sc Applied Mathematics Graduate Do?

Students can choose their specializations according to their interest in job options available in that specific field. Graduates with a M.Sc Applied Mathematics degree attain skills in many of the subjects. 

Many sectors are waiting for the M.Sc Applied Mathematics graduates to occupy. Various roles can be undertaken by them which makes their career very diverse and dynamic.

Research associates: Professionals in this field are required to research, prepare reports and data on various topics, analysis of information and compilation as well as studying and apply mathematics into the real world and its conditions is what they are equipped to perform.

Reasons Why M.Sc Applied Mathematics Can Fetch You a Rewarding Career?

M.Sc Applied Mathematics course is a very reflective and exciting stream of education. Students can gauge the intrinsic worth of a M.Sc Applied Mathematics course because it offers more avenues of employment opportunities than any other stream. Thus, the M.Sc Applied Mathematics job scope is forever widening and appealing.

Diversity in Job roles: There is a diverse range of job roles available for the graduates of this course. Since the specializations available to the students are very flexible, it enables the students to pursue a wide range of roles in their careers.

Read More: M.Sc Applied Mathematics Jobs & Scope

M.Sc Applied Mathematics Course Comparison

M.Sc Applied Mathematics is a two-year-long postgraduate degree and is typically catered to students interested in and inclined toward the financial assessment and insurance sector. Below is a comparison of the M.Sc Applied Mathematics course with other courses:

M.Sc Applied Mathematics vs M.Sc Data Science

The table below showcases the differences between the M.Sc Applied Mathematics and M.Sc Data Science:

Course

Postgraduate

Postgraduate

Full-Form

M.Sc Applied Mathematics

Master of Science in Data Science

Stream

Mathematics

Science

Course Duration

2 years

3 years

Eligibility

B.Sc./ B.Com with a specialization in Mathematics

B.Sc. in Mathematics, Statistics or Computer Science

Entrance Exams

OUCET, DU, TANCET

MET, GSAT

Top Colleges

Christ University, Amity University, IGNOU

Christ University, Manipal University

Fees

INR 1- 3 LPA

INR 2 - 4 LPA

Read More: M.Sc Data Science

Preparation Tips for M.Sc Applied Mathematics Course

There are many tips that students must note when deciding to pursue an M.Sc Applied Mathematics degree. Some important preparation tips are listed below to ensure that the students crack the course and pass the exams without any hurdles. 

Improve Vocabulary: Improving vocabulary is very necessary as the M.Sc Applied Mathematics Course deals with many writing and reading activities. So having excellent communication and writing skills are a plus for the student studying the M.Sc Applied Mathematics Course.

Read and Practice More: Being up to date with the syllabus every day is very important. Practising and reading more will help the student be thorough with the syllabus and do well in the exams.

Have Intrinsic Knowledge and Interest in Subjects: Having intrinsic knowledge about the subject and having the same interest will keep the student motivated to learn more than what's in the syllabus.

Revise Methodically: Revising from time to time can be a key to scoring well in the final exam. Keep revising regularly and understand the subject properly. Revision is the key to scoring good marks.

Scope For Higher Education

Students can pursue many specializations under M.Sc Applied Mathematics. There are also many higher study options available for graduate students after a M.Sc Applied Mathematics degree, which can help them better understand the subject. 

Also, gaining more education can help students pursue a career in research if they are interested in it. Listed below are some of the popular higher education options available for students:

Salary of an M.Sc Applied Mathematics Graduate

The M.Sc Applied Mathematics graduate salary depends on the field that the student has chosen. The factors that hardly affect the salary in India are experience, company, and placement. 

The M.Sc Applied Mathematics graduates can raise their salary by doing internships, which would add to their experience. The average M.Sc Applied Mathematics job salary for graduates is around INR 3-9 LPA [Source: PayScale].

Read More: M.Sc Applied Mathematics Salary

Career Options After M.Sc Applied Mathematics Graduation

Many jobs are available for M.Sc Applied Mathematics graduates. As the world has become a digital world, there are plenty of career opportunities that are waiting for the M.Sc Applied Mathematics graduates. Some of the best jobs listed below which have the best packages.

  • Assistant Professor
  • Research Associates
  • Economic Analyst Consultants And Advisors
  • Chartered Accountants

Skills That Make You The Best M.Sc Applied MathematicsGraduate

There are many complex and soft skills that M.Sc Applied Mathematics Graduates need to possess to succeed in their careers. These are not necessarily skills that students can get in a classroom setting. Instead, these are skills that are learned through experience. 

Therefore, students should always put in the effort to go out of their comfort zone and gain as much experience as possible. Some of these skills include:

  • Quantitative Analysis Skills
  • Research Skills
  • Analytical Skills
  • The Ability to Work Under Pressure
  • Interpersonal Skills

M.Sc Applied Mathematics Fee Structure

Loading...