Rahul Joshi

What are the career prospects after M.Sc. Mathematics and the top institutions to pursue the course?

by Rahul Joshi
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RE: What are the career prospects after M.Sc. Mathematics and the top institutions to pursue the course?

Avadhut Desai
Avadhut Desai
Verified Career Expert
Career Counselor / President at Foresight Foundation
  • Kolhapur

Mathematics, we all know is all about numbers and the calculations. Whoever finds interests in numbers opts for the career in Mathematics field. Right from the ancient time like Bhaskara till recently up to the Ramanujan, we had a great tradition of mathematical research. India has, this date, so many centers of excellence in Mathematics to train the talented young minds and get them in mainstream ultimately to get India ahead at academic and research level. The trained mathematicians help in many ways, doing research work and managing statistics of the population for the government to implement the schemes successfully. Apart from the government sector, the private sector also employs and they needed mathematicians for handling data and sustain business models strategically to remain in the neck-to-neck competition in the today’s faster world.

When we exactly come to look into the career prospects for the Mathematicians, we come across the vast spectra of jobs in government as well as private sector alike. Unlike the period before economic reforms that is before 1990-91, the world today has been revolutionized by the market concept. The economic activities are on the high pitch as never before, the literacy has been on increasing note and the living style of people has been changed within. These entire revolutionary changes in society boosted market activities. By virtue of all this, the financial activities and data management become an inalienable part of public and private enterprises. This makes the mathematicians and statisticians come in the limelight to handle the numerical operations at these various enterprises.


Private Sector Jobs after M.Sc Mathematics

A post-graduate from M.Sc. Mathematics can look for a range of jobs in insurance companies, private banks, and the software companies, etc. There are various financial institutions including banks which require the post graduate in Mathematics to handle their vast financial operations. Apart from the financial institution, these mathematics professionals are required in engineering firms, research institutions, etc. In the market-oriented economic order of the present world, there is a huge competition. The economical and technological development gives rise to the need of more manpower than earlier. That’s why there is no dearth of jobs. The following are some of the job profiles where a postgraduate mathematics candidate would find the appropriate jobs. 

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


Government Sector Jobs after M.Sc. Mathematics

As the governments are becoming more responsible towards citizens, we see the government activities in public sector are being increased day by day. The governments have become more citizen-centric and it gave vent to the number of socio-developmental schemes. This public approach of the government has generated a number of job opportunities. For example, the governments conduct population census for every decade which is a vast exercise of its kind which in turn has employed lakhs of professionals to handle the data. The government runs a number of developmental programme and here we require the statisticians, mathematicians, research professionals, managers. Thus, the mathematicians are in high demand even in the government sector. The following are some of the job profiles for mathematicians in the government sector.

  • Quantitative Risk Analyst
  • Equity Quantitative Analyst
  • Director Statistical Programming
  • Interest Rate Trading Strategist
  • Director Statistical Programming
  • Quantitative Developer
  • Treasury Management Specialist
  • Statistician
  • Researcher and Accountant
  • Demographer


Teaching: The Most Obvious Profession

Apart from the above-mentioned number of job opportunities in public and private sector, the teaching has been the most sought after profession and it is equally famous in the Mathematics career aspirants. After completing M.Sc. in Mathematics, the NET (National Eligibility Test) conducted at national level and the SET (State Eligibility Test) at the state level are the common eligibility tests to become qualified for a teaching job in colleges and universities. These above mentioned two tests provide you the avenue to become a Mathematics professor/lecturer. Before knowing the other career paths in mathematics field, students definitely know this particular profession about which they know in detail right from their college days. The teaching profession provides you a stable career path with the scope of expansion in your career horizons.


Top Colleges to pursue M.Sc. in Mathematics

The following are the top institutions all over India where you can pursue your Master of Science in Mathematics. The students securing their degrees from the below-listed colleges/universities are in high demand. Going on the websites of these colleges you may come to know the admission procedure and the related things.

  1. St Stephen's College, New Delhi
  2. Loyola College, Chennai
  3. Xavier's College, Mumbai
  4. Christ University, Bangalore
  5. Madras Christian College – (MCC), Chennai
  6. The Oxford College Of Science – (TOCS), Bangalore
  7. Stella Maris College, Chennai
  8. Ramjas College, New Delhi
  9. Fergusson College, Pune
  10. Hans Raj College – (HRC), New Delhi
  11. Presidency College, Chennai
  12. Miranda House College, New Delhi
  13. Mount Carmel College – (MCC), Bangalore
  14. Xavier's College – (SXC), Kolkata
  15. Sri Venkateswara College, New Delhi
  16. Gargi College, New Delhi
  17. St Joseph's College Devagiri, Calicut
  18. St Francis College For Women, Hyderabad
  19. Ramnarain Ruia College, Mumbai
  20. Indian Institute Of Technology – (IIT), Kanpur 

From the very discussion above, you, by now, might have come to know the vast career prospects for the candidates with post graduation in mathematics. Right from the most famous teaching profession to the sophisticated aerospace technologies and the vast countrywide programme of the governments like the decadal census activities, the mathematicians are always needed to handle the vast numerical operations. It's your turn now to reap the benefits from these available opportunities. You can pursue your master in mathematics from the above listed top Indian colleges to make your CV strong only to bag the finest job opportunities out there. After M.Sc., you can go for doctoral and research courses.

For further queries and related information, you can approach the Professional Experts at CareerGuide. Hope this will help you!

RE: What are the career prospects after M.Sc. Mathematics and the top institutions to pursue the course?

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