MSc Mathematics Jobs, Scope, Salary in India 2023

M.Sc Mathematics jobs in India are in high demand and have a good job scope in today's developing world. Student have huge opportunities of getting placed in the M.Sc Mathematics placements if it exists in his/her institution. Some of the jobs for students with M.Sc Mathematics include interpreters, analysts etc.

MSc Mathematics Course aids to deliver a wide and in-depth study of advanced Mathematics theory to the students. There are various employment prospects available in several fields which include Data Analyst, Business Analyst, Financial Analyst, Operation Manager, Credit Analyst, Teacher, Researcher, etc. MSc Mathematics syllabus and subjects are designed in a well-structured manner to assist students by delivering them comprehensive knowledge and understanding about the field which enables them to succeed in their careers.

Table of contents

MSc Mathematics Jobs in India
Areas of Recruitment for MSc Mathematics Graduates
Salary Offered To MSc Mathematics Graduates In India
MSc Mathematics Placements
Career Scope of MSc Mathematics
- Career Options after MSc Mathematics
- Courses after MSc Mathematics
Factors To Consider Before Choosing A Job
Top MSc Mathematics Recruiters

MSc Mathematics Jobs in India

Mostly it is considered a cakewalk for the graduates to get placed as an M.Sc Mathematics graduate in any firm in India. One of the reasons is, that after the M.Sc Mathematics course, the aspirants can be considered professionals because of the course structure, thus making them capable of getting a good job scope and skills in India.

In fact, at times, most graduates, educate themselves more which makes them more capable of working. Another reason for ease in getting the job is because of the campus interviews. The following jobs are available after completing MSc Mathematics.

Entry-Level MSc Mathematics Jobs for freshers

The scope for MSc Mathematics freshers is wide. Candidates begin working as "freshers" in entry-level positions after graduating. Students will be able to create their own goals with the aid of these professions. The typical average salary for MSc in Mathematics fresher in India is INR 3–4 LPA. Some MSc Mathematics fresher jobs are listed below:

MSc Mathematics course Jobs Profile	Description
Junior Associate Professor	Hiring, and guiding fresh TAs and other young employees. conducting research and writing articles for scholarly journals.
Online Tutor	accountable for assisting students in understanding new concepts, completing assignments, and learning
Junior Research Scientist	develop and carry out experiments that become the focus of reports and articles. writing reviews, summaries, reports, and research papers.
Mathematician	Perform research on the foundations of mathematics or on the applications of mathematical methods to business, science, and other disciplines.
Market Researcher	develops future marketing strategies by gathering and analysing data on customers, sales patterns, products, and services.
Economist	conduct analysis, gather, and forecast data to assist their organisation.

Government Jobs For MSc Mathematics Aspirants

Several MSc Mathematics career prospects are available after completing the two-year postgraduate programme. There are several different industries to find employment for the govt jobs for MSc Mathematics. Students must pass an aptitude exam, typically followed by an individual interview or a counselling session, to qualify for MSc Mathematics government jobs.

The following list of popular government positions following a degree in MSc Mathematics

Job Profiles	Description
Assistant Professor	A post at the entry level that involves teaching, researching, and helping senior professors
Specialist Officer	monitor the technical aspects of banking operations
Assistant Manager	Evaluate employee schedules and ensure new joiners are familiar with their responsibilities
IFS Officer	responsible for representing the nation on a global stage and managing India's external affairs
Accountant	assists companies in making important financial decisions by gathering, monitoring, and managing financial data.
Assistant Supervisor	hiring new employees, conducting training sessions, and keeping track of job performance measures
Mathematics Teacher	give lessons that train students to advance their theoretical and practical mathematics proficiency.

Private Jobs for MSc Mathematics Graduates

For graduates of the MSc in Mathematics, the private sector offers a variety of prospects. The demand for MSc Mathematics has increased recently as the corporate sector has increasingly relied on financial and economic management. Students can choose from various MSc Mathematics employment either through the placement cell or on their own after the study. Some of the private jobs after MSc Mathematics are listed below:

Job Profiles	Description
Full Stack Developer	works with a website's or application's front and back ends. In charge of software application development and implementation
Quantitative Risk Analyst	executes a variety of tasks in support of a company's overall stress testing and risk analysis process.
Data Analyst	use statistical approaches to interpret data and analyse outcomes
Quantitative Developer	Software developers and engineers who support investment banks and other financial institutions with technical tools, systems, and solutions
Analytic Science Consultant	offer strategies to increase productivity and address business problems
Database Manager	responsible for creating and managing the systems that an organisation uses to store and manage its data.
Customer Coordinator	oversees the team of customer service representatives and ensures the company's policies and procedure is being followed properly
Credit Analyst	Examine and evaluate the financial records and credit histories of current and prospective clients. collects and examines financial information from loan applicants to assess risk
Statistician	collects, analyzes, and interprets numerical data and statistical models to assist in planning and decision-making processes for companies.
External Auditor	examines a company's financial records and presents conclusions
Interest Rate Trending Strategist	Contributes to reports that track risks, identify issues, and give an accurate and clear analysis executes stock trades for institutional and retail clients

Skills Required for MSc Mathematics Jobs

It is important to have both soft and hard skills in order to succeed in any context after receiving an MSc Mathematics. Graduates have access to a wide range of jobs and higher education options. A couple of the skills are listed below:

Quantitative Skills
Interpersonal Skills
Analytical Skills
Problem-Solving
communication skills
Teamwork
Research skills
Time Management

Areas of Recruitment for MSc Mathematics Graduates

M.Sc Mathematics graduates have a good job scope in India and have the option to work both in the public and private sector, depending on their interests, their skills and the type of occupation that they want to choose. Both have their own plus points and job benefits. Some of the professions that can be taken by an M.Sc Mathematics graduate are:

Aerospace companies
Pharmaceutical companies
Market research firms
Research and Development Firms
Economic Research Firms
Engineering Firms
Social Research Institutes

Salary Offered to MSc Mathematics Graduates in India

A graduate's salary for an M.Sc in Mathematics in India varies based on a number of factors, such as experience, the area of specialisation, and other factors. M.Sc Mathematics graduates often make between INR 3 to 10 LPA. (Source: Payscale)

Other factors that affect income include the job title and the industry one chooses to work in. Since they broaden their experience, internships and work placements can help graduates make more money.

MSc Mathematics Salary in India

The table below shows the salary breakdown of MSc Mathematics jobs salary in India:

MSc Mathematics Salary in India	Amount
Highest Salary	10 LPA
Lowest Salary	3 LPA
Average Salary	8 LPA

MSc Mathematics Salary based on Job Designations

M.Sc Mathematics is a course that helps in the specialization in the field of Mathematics. The salary varies for each sector- government and private and the type of job or even the skills possessed by the aspirant. The M.Sc Mathematics graduate Salary in India is:

Job Role	Average Salary
Mathematics Professor	9LPA
Mathematics Specialist	3 LPA
Quantitative Risk Analyst	6 LPA
Data Analyst	6 LPA
Senior Business Analyst	9 LPA
Operation Manager	6 LPA
Interest Rate Trending Strategist	6LPA

MSc Mathematics Salary Based on Sectors

Both the public and private sectors are hiring for MSc Mathematics positions. The Salary of an MSc Mathematics job is influenced by various factors, such as the sector's career growth, governmental regulations, programmes, taxes, and more. The following tables display the typical sector-wise MSc Mathematics salary in India:

Private Sector

There are various private companies offering M.Sc Mathematics career opportunities for aspirants after completing their M.Sc degrees. There are various job designations are offered by the private sector. Some job profiles provided by top recruiters are given below with average salaries.

Top private Organization	Job Profiles	Salary (INR)
DJM Jobs	Mathematics Teacher	9 LPA
Baroda Institute of Technology	Full Stack Developer	3 LPA
TATA ELXSI LTD	Artificial Intelligence	5 LPA
Deloitte	Researcher & Accountant	INR 7 LPA
Ernst & Young	Statistician	INR 5.4 LPA
Axis Bank	Loan Officer	INR 3 LPA

Government Sector

The scope of MSc Mathematics in the government sector is rising significantly. The RBI, Indian Economic Services, BHEL, the Department of Economic Affairs, the Railway Ministry, and the Defense Sector are some of the major government agencies that provide MSc Mathematics job opportunities. Following an MSc in Mathematics, the average salary is INR 3 - 6 LPA (Source: Payscale). Following an MSc in Mathematics, some of the occupations from top companies and associated incomes are listed below:

Top Government Organization	Job Profiles	Salary (INR)
Kolkata Metro Rail	Assistant Manager	6.3 LPA
Karnataka University, Dharwad	Assistant Supervisor	2.4 LPA
Public Sector Bank	Specialist Officer	INR 3.6 LPA
Indian Forest Services	IFS Officer	INR 3 LPA
Staff Selection Commission	Accountant	INR 4 LPA

MSc Mathematics Placement

MSc Mathematics placement is offered at almost all colleges during or after the completion of the last semester. The hiring organizations also coordinate recruitment drives that are held either on or off campus in collaboration with several institutions.

The following list includes a number of the major companies that provide placement opportunities after completing an MSc in mathematics:

College Name	Top Recruiter	Average Annual Salary
Miranda House	Accenture, DE Shaw, Dell, Daurcom, PwC, Unnati, TCS	INR 6-15 LPA
Hindu College	Google, Deloitte, HDFC, KPMG, Maruti, Jaypee, Ernst & Young	INR 7-16 LPA
Loyola College, Chennai	TresVista, Accenture, Deloitte, KPMG and Adobe	INR 7-14 LPA
Madras Christian College	Deloitte, E&Y, Royal Bank of Scotland, Accenture, IBM, Infosys, Wipro, TCS	INR 6-11 LPA
Hans Raj College	McKinsey & Co., Bain & Co., Boston Consulting Group, Accenture Strategy, ZS Associates United Airlines	INR 6 - 14 LPA

Career Scope of MSc Mathematics

The scope of the MSc Mathematics course is extensive as graduates of the course will have various career opportunities in both the public and private sectors. The job that is offered to graduates depends on their skills, knowledge, and specialization. There is a significant increase in the demand for M.Sc Mathematics graduates as there are many organizations that require the services of mathematicians. Hence, the MSc Mathematics scope in India is abundant

Career Options after MSc Mathematics

M.Sc Mathematics graduates can pursue a wide range of careers in a variety of fields immediately after course completion. Their extensive knowledge of Mathematics will help them to secure a career in the following areas:

Quantitative Developer: M.Sc Mathematics graduates can work as quantitative developers, who help in developing products based on data. This role requires a high level of mathematics and statistical skills.
Quantitative Risk Analyst: A risk analyst with good knowledge of mathematics can analyze risks associated with financial instruments and help in mitigating those risks. Risk analysts work for banks, insurance companies, stock markets, etc., and play an important role in the decision-making process of those organizations.
Director of Statistical Programming: A director of statistical programming works as a liaison between statisticians and other programmers. They help in providing statistical programming services to various businesses and organizations.
Administrative Assistant: An administrative assistant is basically a secretary, who does office work like typing letters, answering phones, and other routine office work. They also take care of the day-to-day needs of the business or organization.
Professor: A professor is an academic instructor who teaches students from the undergraduate to the postgraduate level. Universities, colleges, or educational institutions usually employ them.
Mathematics Specialist: A mathematics specialist is a person who has specialized knowledge in mathematics. They work as an analyst, programmer, database manager, etc. in the area of mathematical statistics.

Courses after MSc Mathematics

The M.Sc Mathematics course has numerous opportunities both in India and abroad. However, if a graduate wants to expand his knowledge in the field of Mathematics he can take up a PhD or an advanced degree in this area. Some of the courses that can be pursued after M.Sc Mathematics are given below:

M.Phil in Applied Mathematics
M.Phil in Mathematical Science
M.Phil in Mathematics
M.Phil in Maths and Statistics
PhD in Applied Mathematics
PhD in Mathematics
PhD in Maths and Statistics
PhD in Mathematics and Humanities and Social Sciences

Factors to be Considered Before Choosing A Job

The candidates' future will be impacted by the career route they choose. Thus, it is crucial to consider several factors, including "What is MSc Mathematics income?" What careers are available for math graduates? What is the typical MSc Mathematics salary in India? "What can I do with an MSc in Mathematics?" and "What is the scope of the MSc in Mathematics?" Before considering employment options, consider the following factors:

Future scope
Salary, Entitlements, Terms & Conditions
Job Market Outlook
Company Culture and History
Employee Benefits

Top MSc Mathematics Recruiters

The MSc Mathematics is one of the most sought-after degrees in India, with many major companies recruiting its graduates. The top recruiters in India with the highest average MSc Mathematics salaries are mentioned below:

Top Recruiters	Average Annual Salary
Ford	INR 10 - 20 LPA
JCB	INR 10 - 16 LPA
American Express	INR 10 - 14 LPA
Tesco	INR 10 - 15 LPA
Honeywell	INR 8.5 - 14 LPA
Marks & Spencer’s	INR 6 - 12 LPA