Career Options for Maths Lovers: Courses, Eligibility & Scope

Mathematics opens doors to bright and promising careers.
Today, a person with exceptional mathematical skills is highly desired in the market.
A career in Mathematics is not only challenging but also exciting.

Mathematics is one of the popular fundamental sciences. It is also called as the study of properties and relationships of quantities and sets, measurement. Simply, Mathematics is something that deals with the study of numbers and calculations. It has become a part of each and every individual's everyday life.

Mathematics is always regarded as one of the key subjects among the students' fraternity. Opting for Mathematics as a career option is a positive move, as it opens up wide employment opportunities in various fields such as teaching, mathematical modelling, actuarial science, cryptography and statistics. Mathematics is one among the few subjects where the higher you go in studies, the more logic and reasoning is required. Aspirants who wish to start a career in Mathematics must possess skills like: -

Precise thinking
Logical reasoning
Exceptional skills at solving mathematical problems

Mathematics is a significant tool in many fields that includes social sciences, medicine, engineering and natural science. Usually, Mathematicians make use of computational techniques, mathematical theory, latest computer technology and algorithms for solving business, physics, engineering, scientific and economic problems.

Mathematics is basically divided into theoretical mathematics and applied mathematics. Pure mathematics or theoretical mathematics deals with basic concepts and structures that underlie mathematics. Applied mathematics is considered as a branch of mathematics that deals with the application of mathematical methods in engineering, science, industry and business.

Mathematics offers you a wide range of careers and advanced skills in it are necessary for various science careers. Mostly, computer science and engineering jobs need mathematical skills besides technical knowledge. Today, a person with exceptional mathematical skills is highly desired in the market.

Courses in Mathematics: -

Name of the Course	Eligibility	Duration of the Course
Bachelor of Science (B.Sc) in Mathematics	Class 12/ Intermediate with Mathematics as a key subject	3 Years
B.Sc (Hons.) Mathematics	Class 12/ Intermediate with Mathematics as a key subject	3 Years
B.Sc in Actuarial Science	Class 12/ Intermediate with Mathematics, Accountancy and Economics as subjects	3 years
Master of Science (M.Sc) Mathematics	B.Sc Mathematics (Hons.)/ B.Sc with Mathematics as one of the subjects	2 Years
B.A. Mathematics	Class 12/ Intermediate with Mathematics or Economics as subjects	3 Years
M.Phil	Master’s (M.Sc) in Mathematics	2 Years (can be extended up to four years)
Ph.D.	Master’s (M.Sc) in Mathematics/ M.Phil. Qualification in UGC NET mandatory for JRF.	5 Years

Career Prospects in Mathematics: -

Name of the Role	Qualification Required	Description	Pay Scale
Actuary	UG degree in Mathematics	Usually, actuaries analyse statistical data like birth rates, mortality rates, retirement rates, injuries etc., Usually, they need to deal with risks. Actuaries must formulate new policies for firms and people to minimise the risk.	Rs. 3 Lakh to Rs. 25 Lakh Per Annum
Cost Estimator	Bachelor’s degree in Mathematics	The role of cost estimator is to assess how much a planned or future project will cost the firm and figure out recommendations on future endeavours predicting their profitability.	Rs. 2.7 Lakh to Rs. 6 Lakh Per Annum
Mathematician	Ph.D. in Mathematics	A mathematician must play a significant role in developing the new concepts in Mathematics and solve bigger problems in engineering, economic and scientific domains.	Rs. 3.6 Lakh to Rs. 8 Lakh Per Annum
Statistician	Master’s in Mathematics/ Statistics/ Ph.D in Mathematics/ Statistics	Statisticians play a crucial role in using Mathematics and Statistical theories to collect, decode and interpret numerical inputs and provide usable information	Rs. 2 Lakh to Rs. 10 Lakh Per Annum
Mathematics Professor	Master’s in Mathematics (for jobs in colleges)/ Ph.D. in Mathematics (universities)	The role of a professor to explain the mathematical concepts based on the prescribed syllabus in a creative way.	Rs. 1.8 Lakh to Rs. 8 Lakh Per Annum

Top Mathematics Colleges in India: -

Chennai Mathematical Institute
Harish-Chandra Research Institute, Allahabad
Indian Institute of Science, Bangalore
Indian Statistical Institute, West Bengal
Tata Institute of Fundamental Research, Mumbai
Institute of Mathematical Science, Chennai

Therefore, if you love mathematics and solving sums, you will have a bright career in it. A career in Mathematics is not only challenging but also exciting.

All the Best!

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