M.Sc Scope

Mathematics is a universal subject. If you choose to pursue M.Sc Mathematics, there will be a lot many options that you will be able to chose from. You can work in different areas such as:
Mathematician - You can choose to pursue research (become a scientist) in your area of interest in Maths. And if you choose research, you can go into the teaching sector also. Check out institutes like TIFR Mumbai, IMSc Chennai, Harish Chandra Research Institute Allahabad. Chartered Accountancy - If you like auditing, taxes and accounting, you can think of preparing for CA too. Banking - Banking is another sector that you can get into with Mathematics. Actuarial Sciences - If you love data and maths, actuarial sciences would be a great field for it. Data Analysis/Operations Analysis/Project Development - If you want to work in the private sector, you can look at these profiles. Military Operations - Mathematics degree would also allow you to work in the military sector, scientists are always required to work with military and development (DRDO, ISRO, NAL, SETS, etc. ). You can also join the navy as a Commissioned Officer in their education or logistics branch. Market Researcher - There are a lot of companies that you can work with to identify market patterns and trends, and help in analyzing these trends.

Lot of job opportunities are arising for the graduates due to the growth of several public sector undertakings. Candidates who have completed M.Sc. Applied Chemistry can thus find jobs in these public sector undertakings. Hindustan Petroleum Corporation Limited (HPCL) is one among them. Governmental research organizations also recruit these graduates for various posts. Several exams are conducted for the graduates to recruit them for various vacancies available in different departments of State and Central government. M.Sc. Applied Chemistry graduates can also attend those exams to get such jobs in government sector. These graduates can also pursue their career in teaching as there are several educational institutions run by state and central government.

After a Masters in Quantitative Finance, you could pursue a career in the following areas:
A front office or desk quant interacts with traders directly, and gives trading books an edge through different methods such as time-series analysis, and discovery of predictors/indicators. The objective is to determine prices, manage risk, and identify profitable opportunities. Algorithmic trading or structuring desks in the sales and trading divisions of banks. As an algorithmic trader you would develop trading strategies that exploit the inefficiencies in the market to create wealth, while an algorithmic structure typically builds the computational tools to model these trades. In portfolio analytics and risk management you would design the mathematical tools to construct optimal portfolios and manage their risks. Risk management has grown in importance in recent years, as the credit crisis exposed holes in the mechanisms used to ensure that positions were correctly hedged. A quantitative developer. You would develop robust and scalable implementations for the quantitative models that are created by the research guys. A model validation quant independently implements pricing models in order to check that models are correct. If you want to get into developing new quantitative models, then you will need a Ph.D. to break in JBIMS M.Sc. Finance programme-Best M.Sc. Finance programme in India
SVKM'S NMIMS, Mumbai
Gokhale Institute of Politics and Economics, Pune.