MSc Course Salary in India

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Feb 20, 2024 23:11PM IST

MSc Salary Overview

MSc salary in India on an average is INR 3,60,000 per year, or INR 144 per hour. MSc Salary for a graduate can range from INR 3 - INR 15 LPA. However, the starting salary for entry-level positions is INR 262,500. Also, the salary for a Master of Science (MSc) degree holder can vary depending on various factors such as the industry, job role, level of experience, location, and company size. Additionally, the specific field of study within the MSc program can also influence salary potential. 

In general, having an MSc degree can provide individuals with advanced knowledge and skills, which may make them eligible for higher-paying positions compared to those with a bachelor's degree. Also, a reputed organisation/firm is certain to pay a handsome amount of salary to MSc graduates. After completing an MSc course, candidates may select MSc jobs such as Project Assistant, Lab Manager, Pharmaceutical Associate, Regulatory Affairs Specialist, etc. Top recruiters of MSc degree holders include Ranbaxy, GAIL, Bhabha Atomic Research Centre, and BARC.

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What is the Average Salary of an MSc Graduate?

The average annual salary of an MSc graduate ranges from  INR 3 - INR 15 LPA. However, the starting salary for entry-level positions is INR 262,500.

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Salary After MSc - City/Region Wise

In India, the conventional path of pursuing a career in science and its related fields is still common. Despite the fact that there has been a gradual change in course content with the addition of numerous new subjects, students continue to choose to pursue an MSc because of the variety of job opportunities it offers in a range of industries.

For MSc graduates, there are thousands of openings each year in cities all over India, including New Delhi, Bangalore, Pune, Hyderabad, etc.

Below are a few of the top MSc jobs along with their salaries that are open nationwide:

City/RegionJobsAverage Annual Salary
Mumbai

Research Scientist

Data Analyst

Trainee

Nutritionist

INR 4.8 - INR 5.2 LPA
Pune

Food Safety Officer

Technical Consultant

Lab Technician

INR 4 - INR 4.5 LPA
Bangalore

Web Developer

Software Engineer

Software Developer

Security Consultant

INR 5.5 - INR 5.85 LPA
Hyderabad

Product Manager

Research Assistant

Industrial Engineer

Quality Control Executive

INR 6.9 L - INR 7.12 LPA

Note: The figures mentioned above are subject to change.

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Salary of an MSc Graduate- Specialisation Wise

The following table shows the average annual salary of an MSc graduate by specialisation:

MSc SpecialisationsAverage Annual Salary
MSc AgricultureINR 4 LPA
MSc MathematicsINR 8.35 LPA
MSc PhysicsINR 8 LPA
MSc ChemistryINR 4.5 LPA
MSc PsychologyINR 5 LPA
MSc ZoologyINR 4.4 LPA
MSc StatisticsINR 6.6 LPA
MSc ITINR 3 LPA
MSc Computer ScienceINR 3.6 LPA
MSc Nursing INR 3.1 LPA - INR 3.22 LPA
MSc Clinical Research INR 5 LPA
MSc EconomicsINR 5 LPA
MSc MicrobiologyINR 4.4 LPA

Note: The figures mentioned above are subject to change.

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Job Opportunities after MSc in India

Career opportunities following an MSc have a major impact on the student's field of study. Accordingly, here are a few MSc job profiles for students interested in a variety of fields:

MSc IT (Information Technology)
MSc JobsDescription
IT AnalystResponsible for analyzing and evaluating an organization's IT systems and processes, identifying areas for improvement, and recommending solutions to enhance efficiency, productivity, and security. 
Network Planning ManagerResponsible for designing and developing strategic plans for an organization's network infrastructure.
Application ProgrammerEnhance software and apps to rectify errors and improve performance.
Testing EngineerEnsures the quality and reliability of software, hardware, or other products through rigorous testing processes. Responsible for designing test plans, executing tests, identifying defects, and collaborating with development teams to resolve issues.
MSc Physics
MSc JobsDescription
Data AnalystThis role involves analyzing large data sets, using techniques such as statistical analysis, machine learning, and numerical modeling.
AstrophysicistInvolves the study of physical properties and behavior of celestial bodies, such as stars, galaxies, planets, and black holes using a combination of observational data, theoretical models, and advanced mathematical techniques.
Medical PhysicistThis role involves using physics to design and improve medical equipment, and to provide radiation therapy to cancer patients.
Research AnalystThis role involves conducting research in areas such as theoretical physics, experimental physics, or applied physics, and developing new technologies and products.
MSc Chemistry
MSc JobsDescription
Chemical EngineerAnalyzing chemical reactions, designing equipment and facilities, and ensuring the efficient and safe operation of chemical processes.
Quality Control AnalystThis role involves testing and analyzing chemical products to ensure that they meet industry standards and regulations.
Laboratory TechnicianIncludes conducting experiments, performing tests, and supporting scientific research and development in various industries.
Research ScientistThis role involves conducting research in areas such as analytical chemistry, organic chemistry, or physical chemistry, and developing new technologies and products.
MSc Biotechnology
MSc JobsDescription
Medical ScientistThis role involves conducting research in the medical field and developing new treatments and therapies.
BiotechnicianAssisting in research, development, and production of biological products and processes. Your role would involve conducting laboratory experiments, operating specialized equipment, and supporting scientists and researchers in various biotechnology applications. 
Quality Control AnalystThis role involves testing and analyzing biotech products to ensure that they meet industry standards and regulations.
Regulatory Affairs SpecialistThis role involves ensuring that biotech products comply with government regulations and guidelines.
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Jobs After MSc - Government and Private

Students with an MSc degree can find work in both the public and private sectors, with both providing a good salary after graduation. Here are some of the best after MSc job options:

MSc Government Jobs

The MSc government jobs in India offer graduates a lucrative prospect for their careers due to continuous research and infrastructural development.

Below is a list of MSc Government jobs for graduates:

Job ProfileDescriptionAverage Annual Salary
BiochemistInvolves conducting research, analyzing biological molecules, and exploring the biochemical pathways that drive various biological functions. INR 4 LPA
Software DeveloperThey develop and build computer applications that operate on desktop computers, mobile devices, and even automobiles.INR 7 LPA
Forensic ScientistThey examine samples found at crime scenes, such as hair, bodily fluids, paint, glass, and narcotics during inspections.INR 5.15 LPA
Research ScientistThey are responsible for designing, executing, and analyzing data from controlled laboratory-based examinations, experiments, and trials.INR 5.80 LPA

MSc Private Jobs

There are several job opportunities in the private sector as global companies have been investing in the science & technology industry. Below is the list of MSc jobs in the private sector:

Job ProfileDescriptionAverage Annual Salary
PharmacistWorking in various settings, such as community pharmacies, hospitals, clinics, or pharmaceutical companies to ensure safe use of medication.INR 3 LPA
Nuclear ChemistThey create numerical models and computer simulations of nuclear occurrences.INR 2.02 LPA
Data ScientistThey locate appropriate data sources for business requirements and create machine-learning algorithms.INR 8 LPA
Chemical EngineerAnalyzing chemical reactions, designing equipment and facilities, and ensuring the efficient and safe operation of chemical processes.INR 3.32 LPA
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Top Recruiters of MSc Graduates

Some of the top recruiting companies providing with a handsome salary after MSc are as follows:

Top RecruitersAverage Annual Salary
MicrosoftINR 5 - 10 LPA
GoogleINR 6 - 15 LPA
DellINR 4 - 10 LPA
Hinudstan UnileverINR 4 - 10 LPA
ISROINR 4 - 15 LPA
Deloitte, Axis Bank, AccentureINR 4 - 10 LPA
Amazon, TATA, FlipkartINR 4 - 10 LPA
InfosysINR 4 - 8.5 LPA

Note: The figures mentioned above are subject to change.

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FAQs about Master of Science Salary

What is the monthly salary of an MSc graduate?

The monthly salary of an MSc graduate ranges between INR 20,500-INR 30,000.
 

What are the top paying companies that hire MSc graduates?

Some of the top recruiting companies that hire MSc graduates are:

  • GAIL
  • Infosys
  • Ranbaxy
  • ISRO
  • Cipla
  • Deloitte
  • Accenture
  • Ernst & Young
  • Axis Bank
  • Amazon
  • Tata
  • Flipkart
  • Microsoft
  • Google
  • ITC

What is the starting salary of an MSc graduate?

 The starting salary for entry-level positions of an MSc graduate is INR 262,500.
 

How does the salary of an MSc graduate change with experience?

The salary of an MSc graduate can change significantly with experience. As individuals gain more experience and expertise in their field, they become more valuable to employers, which often leads to higher compensation.
 

What are the top paying cities for MSc graduates?

Every year there are thousands of vacancies released for M.Sc graduates across various different cities in India with the top paying cities being Mumbai, New Delhi, Bangalore, Pune and Hyderabad.
 

What are some of the important skills required to pursue MSc?

Some of the important skills required to pursue MSc can vary depending on the field of study, but here are some important skills that are often valuable for MSc programs:

  • Strong Analytical skills
  • Research skills
  • Critical Thinking
  • Data Literacy
  • Problem-Solving abilities
  • Technical skills
  • Adaptability and Continuous Learning
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