M.Sc. in Applied Mathematics 

at Parul University, Vadodara

The salary for individuals with an MSc in Mathematics in India can vary significantly based on several factors.

• Entry-Level: INR 3-6 LPA
• Mid-Level: INR 4-8 LPA
• Senior-Level: INR 5-10 LPA

After completing an MSc in Mathematics, you have various career and academic options to consider based on your interests, goals, and preferences. Here are several paths you might explore:

• PhD in Mathematics: If you are passionate about research and wish to contribute to advancing mathematical knowledge, pursuing a PhD in Mathematics is a natural choice. 
• Postdoctoral Research: After completing a PhD, you might consider engaging in postdoctoral research to gain further expertise in a specific area of mathematics before pursuing a faculty position.
• Teaching and Academia: With an MSc in Mathematics, you can explore opportunities in teaching at the high school or college level. 
• Actuarial Careers: Actuaries use mathematical and statistical techniques to assess financial risks, especially in the insurance and pension sectors. 
• Data Science and Analytics: The increasing demand for data professionals has opened doors for mathematicians in the field of data science and analytics. 
• Research and Development (R&D): Joining research and development teams in various industries or research institutions allows you to apply mathematical concepts to solve real-world problems.

MSc Mathematics offers different career opportunities to the students. After you have completed the course, you may opt for higher studies. You can also look for jobs in various sectors. Here are some of the most popular fields where MSc Mathematics students are offered jobs:

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

Many students choose to pursue jobs in Mathematics courses and apply for higher education overseas in order to gain an increased understanding of Mathematics. Because it is shared, most mathematicians pursue a PhD in Mathematics. Because Mathematics courses are interdisciplinary fields, students specialize in areas such as Data Analytics,  Finance, Computer Science, Economics, and Statistics.

If students do not want to pursue this path, they can get a master's degree in Business Administration,  Accounting, or Quality Management. Mathematics is also the most in-demand in the fields of teaching and research. Because of its general nature, it can adapt to any situation. Mathematicians are in high demand in the corporate and public sectors as a result of technological innovation.