M.Sc

I answer this question contrary to what I've read in other answers. I gave MSE entrance exam in May 2016.
CUCET conducts an offline objective entrance test. It has two parts: Part A comprises of English and has 25 questions. Part B has 25 questions each from maths, statistics, economics (both theoretical and current affairs).
After the exam, an answer key is uploaded on the website and grievances of students regarding the answers are met. After this procedure, student's total marks and their category rank are uploaded and a cutoff score for different social/physical categories is announced.
All the selected students are then called to MSE, Chennai on a single day for counselling. Depending upon the number of seats in each course viz. General, financial etc (for students belonging to different categories); students are asked for their preferred course in the order of their ranks.
On the counselling day, hence, provisional admission is given to students in different courses along with the submission of other necessary documents.
There's also provision of upgradation i.e. within a specified time period if any student leaves MSE then candidate with the lower rank gets an option to migrate from his original course to the one where the seat is then vacant.

There are vast opportunities for the aspirants who have passed. Sc. Mathematics. They can pursue their higher studies in different areas. They can also look for jobs in different fields in private and public sector.
Scope for higher studies after B.Sc mathematics
There various options available for B.Sc mathematics graduate to pursue their higher studies. Details of best higher studies options for B.Sc mathematics graduates are given below:
M.Sc/Ph.D.: One of the best higher studies options available for the B.Sc mathematics graduate is to do Master's degree in mathematics followed by PhD or M.Phil. Thus they can find a promising career in research or teaching field.
MCA - This is the best higher study option for the B.Sc mathematics graduates who wish to pursue their career in IT sector. Research agencies like defense research and development organisation prefer MCA graduates with mathematics background in their remote sensing centers.
MBA: This is also one of the best higher study options for the B.Sc mathematics graduates who wish to pursue their career in management field. If they do the specialisation in finance in MBA, then they can reach up to higher positions like chief finance officer in corporate sector.