Job opportunities after MSc in maths in 2025
By Sriram
Updated on Apr 17, 2025 | 11 min read | 918.6k views
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By Sriram
Updated on Apr 17, 2025 | 11 min read | 918.6k views
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Studying mathematics is one of the most fundamental components of education. Mathematics, as a domain and area of study, provides skills for life. We incorporate basic calculations, budgeting, and time management, as well as our ability to think critically. All of these are some basic implications of the importance of mathematics, yet they are quite crucial to daily requirements.
Did you know? You can make up to ₹20 LPA in some roles, like that of a data scientist, with an MSc in Mathematics! Mathematics plays a crucial role across industries, making it a highly versatile and rewarding field of study. With an MSc in Mathematics, you can explore diverse job opportunities in finance, research, insurance, teaching, and data analysis.
In this blog, we will explore the top MSc Maths job opportunities, factors affecting salary potential, along the scope and future trends in this field. Read along for a deep dive into your job options after MSc Maths!
Explore upGrad’s Data Science and AI courses to turn your MSc in Mathematics into a high-paying career!
The question of salary after an MSc Mathematics course in India is one that is highly dependent on variables such as proficiency in industrial skills, years of experience, current demands of the job market, location of the specific job, as well as your concerned job profile.
Boost your career prospects after an MSc in Mathematics by mastering key tools like Excel. Explore these 60 Advanced Excel Formulas to enhance your skills and increase your earning potential.
Following are tables representing the Salaries of Various Jobs in MSc Mathematics in accordance with designations and sectors:
Following are some of the top job opportunities after an MSc in mathematics along with their approximate annual salary in India:
Job Designation | Approximate Salary Range (per annum) |
Mathematics Professor | 2 lakhs to 15 lakhs |
Data Scientist | 4 lakhs to 30 lakhs |
Statistician | 2 lakhs to 17.5 lakhs |
Subject Matter Expert | 2 lakhs to 8.2 lakhs |
Product Analyst | 5 lakhs to 32.6 lakhs |
Research Consultant | 1.9 lakhs to 15 lakhs |
Source: AmbitionBox
Sector | Average Salary ( annual) |
Education | 8.2 lakhs |
Research Institutions | 9.8 lakhs |
Healthcare and Pharmaceuticals | 6.4 lakhs |
IT | 14.6 lakhs |
Manufacturing | 6.7 lakhs |
E-Commerce | 6.9 lakhs |
Source: AmbitionBox, Payscale
The scope of Jobs after MSc in Maths in India extends well beyond its stereotypical status of landing only a certain set of jobs. With an MSc in Mathematics, you can land jobs in the public sector, government organizations, research institutes, manufacturing, software development, tech startups as well as banking and finance.
Mathematics is important in various fields such as technology, science, and finance, and in every other dimension of life. It is a prerequisite for various fields, computer science, engineering, and physics in which, amongst other things, smartphones and satellites can be manufactured.
Let’s take a brief look at the scope of mathematics:
So, if you are curious about a career after MSc Mathematics, you have a plethora of options to choose from and align yourself with suitable profiles.
Also Read: Importance of Mathematics in Data Science
The future of mathematics boasts of witnessing significant advancements. With the rise of newer domains like big data, analytics, and the evolution of AI, the need for skilled mathematicians and mathematics professionals is set to steadily increase.
The future predictions indicate a transformation in many industries and sectors, with mathematical models still playing a fundamental role in these newer innovations. As a result, the scope of mathematics is set to expand even further, giving rise to newer opportunities. Let’s take a look at some future trends in mathematics:
1. Artificial intelligence and machine learning
Did you know that Math is a crucial component of constructing AI and ML models? Yes, AI models inculcate mathematical functions like linear algebra and calculus. With time, we shall witness an increasing intersectionality of mathematics and artificial intelligence.
You may check upGrad’s online programs in AI and ML as well as their Gen AI advanced certificate program to upskill yourself with the latest course curriculum.
2. Rise in Interdisciplinarity
The knowledge of mathematics is often deemed interdisciplinary, as its functions are utilized in various fields such as medicine, businesses, and related domains of probability, physics, and economics. This will be reinforced more evidently in the near future as intersectionality and applications of mathematics in other fields are witnessed.
3. Skill development in mathematical and logical reasoning
As time advances, we are faced with challenges faced by an old and static educational system that has needed reform for a long time. With the National Education Policy (NEP) 2020, the focus is made on integrating mathematical reasoning into the students’ education programs, such that an overall development of critical thinking and problem-solving abilities through early integration and development of early interest in mathematics studies.
4. Reinforcement of Inclusion in its Approach
Since mathematics is a global and ever-present component in our lives, it must be made to be all-inclusive and promote equity. With an increasing focus on diversity and inclusion in all forms of organizations and institutions, mathematics studies can offer an inclusive approach to education. This can be achieved by proper allocation of resources, inclusive teaching methods as well as systemic policies.
The historical significance of mathematical education in India is a widely known fact. Home to pioneering scholars of mathematics like Aryabhatta, Brahmagupta, Gargi, Katyayani, and Ramanujan, India has witnessed huge development in higher education in mathematics in India and continues to advance in further enhancing mathematics education.
When talking about the top-ranking colleges for MSc Mathematics in India, components like interdisciplinary curriculum, alumni success rate, strong connections in the industry, as well as research facilities are taken into consideration. These components lay the foundation to foster a greater learning environment.
Further, we shall look into some of the top-ranked colleges for MSc Mathematics in India:
1. Hindu College
2. Miranda House
3. IIMS ( Institute of Mathematical Sciences )
4. BITS Pilani
5. Madras Christian College
6. St. Stephen’s College
The demand for MSc Mathematics graduates in India can be seen across a vast range of industries and sectors owing to their mathematical acumen and quantitative analysis skills. This has given a growth in options for jobs after MSc in math.
Below is a list of industries wherein we can deep dive into the scope for job opportunities after MSc in maths:
1. Banking and Finance
With an MSc in mathematics, you can find work employment in the Banking and Finance industry with roles such as an analyst in risk, credit, and finance departments. You can even explore profiles of portfolio management and investment banking if you amass the equivalent experience and upskill yourself.
Take a look at these online fintech courses by upGrad and set yourself apart with advanced skills.
2. Public Sector
The government sector hires mathematics majors in the fields of research, administration, defense services, accountancy, treasury management, and even economics. However, you need to align yourself with the specific requirements of these job opportunities after MSc in maths and compensate for any missing experience or skill set by pursuing relevant courses and internships.
3. Statistics
Data scientists and statisticians have both formed some of the most hotshot careers in India. With data science courses being integrated into academic curricula, these fields see a surge of professionals. This sector is highly rewarding once you obtain the right skills and experience.
Check out these free data sciences courses from upGrad to get a kickstart in transforming your career.
4. Consultancy
The Consulting sector hires MSc Mathematics majors who are adept at analysis, risk analysis, and management, all of which require skills with large number sets and analytical acumen.
5. Academia and Research
Mathematics professors and school teachers are one of the most popular professions undertaken by mathematics majors. After the right training in education studies, school teachers and professors can apply for job opportunities after MSc in maths in various educational institutions.
Similarly, mathematics researchers are hired by research and development firms, universities as well as scientific institutes.
6. IT
Did you think mathematics will not make you eligible for a career in IT? The answer is: Yes, a mathematics MSc opens doors to the IT industry. Fintech companies also recruit mathematics majors for roles in statistics and data analysis.
7. Accounting
Being interrelated domains, mathematics majors are often hired for roles in the accounting sector. These roles may be in treasury management, financial planning, as well as executive positions. It is preferable to upgrade learning in this domain by equipping yourself with relevant courses and skills.
If you are interested in the accounting profession, here’s a course on Financial Modelling and Analysis in association with PwC India to level up your game.
8. Healthcare
Being one of the fastest-growing industries, the healthcare sector seeks MSc Mathematics graduates for roles in market research, data analysis, budget management, medicinal research, and even risk analysis. These areas require skilled professionals in mathematical abilities.
In this text, we explored the varied fields and domains where mathematics majors can work. We looked into how mathematics as a field has its implications well rooted in a multitude of job opportunities after MSc in maths and potential for a high amounting salary in India.
However, we must reiterate the importance of seeking out additional opportunities to facilitate professional growth. People aspiring to establish a successful career in mathematics should enrich themselves with extra knowledge and skills. Doing so can greatly determine your hiring chances, and polish your profile.
Once you explore what area you are interested in, you can begin by completing online certification courses in addition to your academic degree. Such measures of e-learning facilitate the provision of learning from anywhere and are even recognized by top-notch institutes.
To further find out what courses you’d like to undertake, you can explore our online courses and talk to our expert counsellors for a wide range of options and find the right fit for yourself.
Reference Links:
https://www.glassdoor.co.in/Salaries/data-scientist-salary-SRCH_KO0,14.htm
https://www.ambitionbox.com/
https://www.payscale.com/
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