Mathematics Career Scope: Jobs, Placements, Salary 2023, Top Recruiters
Akansha BishtContent Writer
Mathematics offers a wide range of career opportunities in India. While many math-related careers require advanced degrees, there are also options for those with bachelor's degrees. The Mathematics career involves various job opportunities for graduates such as Statistician, Actuary, Data Analyst, Quantitative Analyst, Financial Analyst, etc.
The Mathematics salary offered at entry-level positions ranges between INR 2.5 - 5 LPA, for mid-level profiles INR 5 - 10 LPA and for senior-level profiles INR 12 - 25 LPA. After pursuing a Mathematics course, candidates can either start their Mathematics career or continue for further education such as MSc Mathematics, MCA, MBA, MSc Statistics, etc.
The popular colleges that offer Mathematics courses are Banaras Hindu University, Jamia Millia Islamia, Delhi University, Jadavpur University, etc. The key employment industries where Mathematics graduates can start their careers include financial services, Information Technology, Data Science and Analytics, Market Research, etc. The top recruiters that offer employment to Mathematics graduates include Chennai Mathematical Institute, Institute of Mathematical Sciences, Tata Institute of Fundamental Research, Indian Statistical Institute, etc.
Also Read:
State universities Vs deemed universities: Which is better?
- Top Mathematics Careers
- Specialisation-Wise Mathematics Salary in India
- Top Mathematics Recruiters
- Top Mathematics Colleges: Jobs and Salary
- How to Get a Job After Pursuing Mathematics?
- Top Indian Cities to Get Lucrative Jobs After Mathematics Degree
- Mathematics Jobs in the Government and Private Sector
- 7.1 Mathematics Jobs in the Government Sector
- 7.2 Mathematics Jobs in the Private Sector
- Mathematics Salary Abroad
- Mathematics careers FAQs
Top Mathematics Careers
Mathematics offers a wide range of career opportunities in India. While many Math-related careers require advanced degrees, there are also options for those with bachelor's degrees.
Here are some Mathematics careers in India:
| Job Profiles |
Description |
Average Salary (in INR) |
|---|---|---|
| Research Scientist |
Mathematicians often work as research scientists in various fields, including pure mathematics, applied mathematics, and computer science. |
9.8 LPA |
| Actuary |
Actuaries use mathematics, statistics, and financial theory to assess and manage financial risks. |
6.3 LPA |
| Data analysts and statisticians use mathematical and statistical techniques to interpret and analyze data. |
5.4 LPA |
|
| Mathematician |
Conduct research in mathematical theories, develop new principles, and apply mathematical techniques to solve real-world problems in academia, research institutions, or industries like aerospace and engineering. |
4 LPA |
| Operations Research Analyst |
Operations research analysts apply mathematical and analytical methods to solve complex decision-making problems in logistics, supply chain management, and optimization. |
6.5 LPA |
| Quantitative Analyst |
Quants work in finance, using mathematical models to analyze and predict financial market trends. |
17.2 LPA |
| Cryptographer |
Cryptographers use mathematical techniques to secure data and communication. |
23 LPA |
| Economist |
Use mathematical models and statistical techniques to analyze economic data, forecast trends, and provide insights into economic policies, often working in government, consulting, or research institutions. | 13 LPA |
| Financial Analyst |
Analyze financial data, trends, and investment opportunities using mathematical and statistical techniques to guide investment decisions for individuals or organizations. | 5.7 LPA |
Note: The salary data has been sourced from Ambitionbox.com.
Also Read:
Top 100 Colleges in India 2023: Ranking, Fees, Placements, Cutoffs
Specialisation-Wise Mathematics Salary in India
Mathematics salary for professionals in India can vary widely based on factors such as education, experience, specialization, location, and the specific employer.
However, here's an approximate breakdown of Mathematics salary ranges in India based on different specializations:
| Specialisations |
Entry-Level CTC |
Mid-Level CTC |
Senior-Level CTC |
|---|---|---|---|
| Pure Mathematics |
INR 2.5 - 5 LPA |
INR 5 - 10 LPA |
INR 10- 20 LPA |
| Applied Mathematics |
INR 3.5 - 6 LPA |
INR 5 - 10 LPA |
INR 5 - 10 LPA |
| INR 5 - 10 LPA |
INR 6 - 12 LPA |
INR 15 - 30 LPA |
|
| Actuarial Science |
INR 5 - 10 LPA |
INR 5 - 10 LPA |
INR 5 - 10 LPA |
| Numerical Analysis |
INR 3.5 - 6 LPA |
INR 5 - 10 LPA |
INR 5 - 10 LPA |
Also Read:
Top 100 Universities in India 2023: NIRF Ranks Parameters with Weightage
Top Mathematics Recruiters
Mathematics graduates possess a strong analytical and problem-solving skillset that is highly valued in a variety of industries.
Here are key employment industries for Mathematics graduates:
| Key Employment Industries |
|
|---|---|
| Financial Services |
Information Technology |
| Government and Public Sector |
Operations Research |
| Aerospace and Defense |
Telecommunications |
Mathematics graduates are versatile and can find opportunities in many other industries as well, depending on their specific interests and areas of expertise. The strong analytical and problem-solving skills acquired through a Mathematics degree make graduates highly adaptable and valuable in today's data-driven world. Candidates can check top recruiting companies under each industry in the table below.
| Financial Services |
|
|---|---|
| State Bank of India |
ICICI Bank |
| HDFC Bank |
Axis Bank |
| Information Technology |
|
| Tata Consultancy Services |
Infosys |
| Wipro |
HCL Technologies |
| Government and Public Sector |
|
| Indian Statistical Services |
Indian Administrative Services |
| Reserve Bank of India |
Indian Economic Services |
| Operations Research |
|
| Indian Railways |
IndiGo |
| Flipkart |
McKinsey & Company |
| Aerospace and Defense |
|
| Hindustan Aeronautics Limited |
Bharat Electronics Limited |
| Defence Research and Development Organisation |
Indian Space Research Organisation |
| Telecommunications |
|
| Bharti Airtel |
Reliance Jio |
| Vodafone Idea |
BSNL |
Top Mathematics Colleges: Jobs and Salary
India is home to several prestigious colleges and universities known for their Mathematics courses. These institutions often have strong placements, with students securing positions in academia, research, and various industries.
Here are some of the top Mathematics colleges in India known for their placement opportunities:
| College Name |
Average Package (in INR) |
|---|---|
| 1.44 - 51.36 LPA |
|
| 38.2 LPA |
|
| 30 LPA |
|
| 26.6 LPA |
|
| 12 - 22.54 LPA |
|
| 8 - 21 LPA |
|
| 17 - 20 LPA |
|
| 19.8 LPA |
|
| 16.86 - 19.2 LPA |
Also Read:
Career Opportunities after Pursuing PhD
How to Get a Job After Pursuing Mathematics?
Getting a job after pursuing Mathematics in India involves several steps, including education, skill development, and job search strategies.
Here's a comprehensive guide to help you secure a job in India with a Mathematics background:
- Step 1. Choose Your Educational Path
Decide on your education level: Determine whether you want to pursue a bachelor's degree, master's degree, or a PhD in Mathematics or a related field.
- Step 2. Develop Strong Academic Skills
Maintain a strong academic record by performing well in mathematics and related subjects.
- Step 3. Build Relevant Skills
Develop proficiency in programming languages and statistical and data analysis tools.
- Step 4. Network
Connect with professors, mentors, and alumni who can provide guidance, recommendations, and job leads.
- Step 5. Customize Your Resume
Tailor your resume to highlight your mathematical skills, coursework, research, and practical experience.
Top Indian Cities to Get Lucrative Jobs After Mathematics Degree
After earning the degree, candidates can find lucrative Mathematics job opportunities in various cities, primarily in sectors like IT, Finance, research, and academia. The choice of city often depends on candidates’ career goals, interests, and the specific field of mathematics they want to pursue.
Here are some Indian cities known for offering lucrative Mathematics job opportunities:
| Top Cities |
Average Salary (in INR) |
|---|---|
| 2.1 LPA |
|
| 16.8 LPA |
|
| 3.6 LPA |
|
| 8.5 LPA |
|
| 9.3 LPA |
|
| 16 LPA |
Also Read:
MBA vs MSc: Differences, Eligibility, Admission, Jobs, Salary 2023
Mathematics Jobs in the Government and Private Sector
Mathematics graduates in India can find job opportunities in both the government and private sectors. The choice between these sectors often depends on personal preferences, career goals, and the specific field of Mathematics you want to work in.
Given below are some common job roles for Mathematics graduates in both sectors.
Mathematics Jobs in the Government Sector
Mathematics graduates in India can find a wide range of job opportunities in the government sector. Here are some common Mathematics job roles in the government sector in India:
| Job Profiles |
Description |
Average Salary (in INR) |
|---|---|---|
| Statistician |
Statisticians in the ISS are responsible for collecting, analyzing, and interpreting data to inform government policies and programs. |
4.4 LPA |
| Economist |
Economists work in various government departments, such as the Ministry of Finance, now NITI Aayog, and Central Electricity Authority. |
11.5 LPA |
| Research Scientist |
Research scientists at DRDO engage in mathematical modelling, data analysis, and research related to defence technology, missile systems, and aerospace projects. |
20.6 LPA |
| Data Analyst |
Data analysts at RBI use mathematical and statistical techniques to analyze economic and financial data. |
7.2 LPA |
| Scientist/Engineer |
Mathematicians and scientists at ISRO work on space research, satellite technology, and mission planning. |
6.4 LPA |
Also Read:
Top 10 Universities in India 2023: Check NIRF Ranking
Mathematics Jobs in the Private Sector
Mathematics graduates in India can explore a wide range of job profiles in the private sector, where their analytical and problem-solving skills are highly valued.
Here are some common Mathematics job profiles in the private sector in India:
| Job Profiles |
Description |
Average Salary (in INR) |
|---|---|---|
| Data Analyst |
Data analysts are responsible for collecting, processing, and analyzing data to extract meaningful insights. |
6.5 LPA |
| Data Scientist |
Data scientists use mathematical and statistical techniques to develop predictive models, machine-learning algorithms, and data-driven solutions. |
12.2 LPA |
| Quantitative Analyst |
Quants use mathematical models to develop trading strategies, risk management techniques, and financial instruments in the finance industry, particularly in investment banks and hedge funds. |
17.2 LPA |
| Actuary |
Actuaries use mathematical and statistical models to assess risk and uncertainty. |
6.3 LPA |
| Software Developer |
Mathematicians with programming skills are often employed as software developers in IT companies. |
21.7 LPA |
Also Read:
Top 10 Universities in India 2023: Check NIRF Ranking
Mathematics Salary Abroad
The Mathematics salary for individuals can vary significantly depending on factors such as the level of education, experience, location, industry, and specific job roles.
Here is a general overview of potential Mathematics salaries abroad, with the understanding that there can be substantial variations:
| Country |
Salary Offered |
|---|---|
|
|
|
|
|
|
|
|
|
Note: The above salary data has been obtained from external sites
Read More:
Job Opportunities & Salary Offered After Completing BSc Degree
Top 10 BSc, MSc Colleges in India
Top Colleges of DU for BSc: Total Seats, Expected and Previous Cutoff
Top Colleges of Delhi University for Science Courses 2023
Mathematics careers FAQs
Q. Is a Mathematician a good career?
A. A career as a Mathematician in India can be rewarding, but it also comes with certain considerations.
Here are some factors to consider when evaluating whether a career as a mathematician is a good choice in India:
- Interest and Passion: To excel in a Mathematics career, candidates should have a genuine interest and passion for the subject.
- Research Opportunities: India has several prestigious institutions and universities with strong mathematics departments.
- Job Market: The job market for mathematicians in India can be competitive, especially in academia and research.
- Industry Opportunities: Mathematics graduates can find opportunities in various industries, including IT, finance, data science, and research and development.
- Compensation: Mathematics salary in India can vary widely, depending on the industry, level of experience, and geographic location.
Q. What is the highest-paying job in Mathematics?
A. The highest-paying job in Mathematics in India can vary depending on several factors, including candidates’ level of education, experience, specialization, and the industry they work in.
Here are some Mathematics job roles in India that are known for offering high salaries:
| Job Profiles |
Average Salary (in INR) |
|---|---|
| Data Scientist/Machine Learning Engineer |
12.2 LPA |
| Actuary |
6.3 LPA |
| Quantitative Analyst |
17.2 LPA |
| Financial Analyst |
5.8 LPA |
| Research Scientist in government sector |
20.6 LPA |
Q. Which course is best after 12 Maths?
A. After completing Class 12 in Mathematics subject in India, candidates have several course options to choose from, depending on their interests and career goals.
Here are some of the best courses candidates can pursue:
| Course |
Duration |
Average Fees (in INR) |
|---|---|---|
| 3 years |
INR 11,000 - INR 5 Lakh |
|
| 4 years |
INR 5 - 9 Lakh |
|
| 2 years |
INR 6,000 - INR 1,10,000 |
|
| 3 years |
INR 70,000 - 2 Lakh |
|
| 3 years |
INR 3 Lakh - INR 7 Lakh |
|
| BSc Statistics |
3 years |
Upto INR 57,780 |
| 3 years |
INR 50,000 - INR 6 Lakh and above |
|
| BSc Economics |
3 years |
Upto ₹5.25 Lakh |
| BSc Physics |
3 years |
Upto INR 61,380 |
| BBA in Finance |
3 years |
INR 70,000 - 5 Lakh |
Q. Which govt job is best after BSc Maths?
A. After completing a BSc Mathematics in India, there are several government job opportunities available in various sectors. However, the best government job for candidates depends on their interests, career goals, and the specific field they want to work in.
Here are some government job options that are well-suited for BSc Mathematics graduates.
| Job Profiles |
Description |
Average Salary (in INR) |
|---|---|---|
| Statistician |
Statisticians collect, analyze, and interpret data to inform government policies and programs. |
4.4 LPA |
| Data Analyst |
Data analysts work with large datasets to extract insights and make data-driven decisions. |
7.2 LPA |
| Economist |
Economists analyze economic data, conduct research, and provide recommendations for economic policies and financial planning. |
13 LPA |
| Banking and Finance |
Mathematics graduates can pursue careers in public sector banks through competitive exams like the Probationary Officer (PO) exam. |
6 LPA |
| Civil Services |
While not exclusive to mathematics graduates, the IAS and other civil service exams provide opportunities to work in various administrative roles within the government. |
12 LPA |
Q. What is the monthly income of a Mathematician?
A. The salary of a mathematician in India can vary based on factors such as education, experience, employer, and location.
Here's an approximate breakdown of the salary of mathematicians in India by level of experience:
- Entry-Level: INR 3.5 - INR 6 LPA
- Mid-Level: INR 6 - 10 LPA
- Senior-Level: INR 10 - 20 LPA
Q. What is the salary of MSc Mathematics?
A. The MSc Mathematics salary of individuals in India can vary based on factors such as the specific job, employer, location, and experience.
Here's an approximate breakdown of the MSc Mathematics salary in India by level of experience:
- Entry-Level: INR 3 - INR 5 LPA
- Mid-Level: INR 5 - 8 LPA
- Senior-Level: INR 8 - 15 LPA
Q. Which is better - Mathematics or Physics?
A. Mathematics focuses on developing formal systems, theorems, proofs, and axioms. It's about exploring the properties of abstract objects and logical reasoning.
On the other hand, Physics is primarily concerned with the study of physical laws, experimental observations, and predicting the behaviour of objects in the real world. It involves both theoretical and experimental aspects.
Candidates can check the table below to see the comparison between the two courses.
| Parameters |
Mathematics |
Physics |
|---|---|---|
| Course Level |
UG, PG, PhD and Diploma |
UG, PG, Diploma & Certificate |
| Course Duration |
2-3 years |
3-4 years |
| Course Fees |
INR 3,000 - INR 6 Lakh |
INR 5000 - INR 5 lakh |
| Admission Process |
||
| Job Profiles |
Loan Officer, Economist, Treasury Management Specialist, Demographer, Statistician, Accountant, etc. |
School teachers, Radiologists, Statisticians, Treasury Specialists, Quality Control Managers |
| Average Annual Salary |
INR 2.5 LPA - INR 10 LPA |
INR 4.5 LPA - INR 15 LPA |
| Top Recruiters |
Chennai Mathematical Institute, The Institute of Mathematical Sciences, Kendriya Vidyalayas, etc. |
Reliance Industries Limited, HCL Technologies, Accenture, IBM, Infosys, Verizon, etc. |
Q. Which is better - Mathematics or Statistics?
A. If candidates are drawn to abstract concepts, logical reasoning, and theoretical problem-solving, Mathematics may be a better fit. If candidates enjoy working with real-world data, making sense of information, and helping organizations make data-driven decisions, Statistics may be the better choice.
Candidates can check the table below to see the comparison between the two courses.
| Parameters |
Mathematics |
Statistics |
|---|---|---|
| Course Level |
UG, PG, PhD and Diploma |
UG and PG |
| Course Duration |
2-3 years |
2-3 Years |
| Course Fees |
INR 3,000 - INR 6 Lakh |
INR 3,000 - INR 23 Lakh |
| Admission Process |
||
| Job Profiles |
Loan Officer, Economist, Treasury Management Specialist, Demographer, Statistician, Accountant, etc. |
Data Scientist, Data Analyst, Information Analyst, Web Analytics Specialist, SAP Consultant, Statistician, etc. |
| Average Annual Salary |
INR 2.5 LPA - INR 10 LPA |
INR 3.33 LPA - INR 7.93 LPA |
| Top Recruiters |
Chennai Mathematical Institute, The Institute of Mathematical Sciences, Kendriya Vidyalayas, etc. |
HDFC, HSBC, Cognizant, Accenture, American Express, Reserve Bank of India, etc. |
Popular Exams
Feb '25 - Apr '25 | CUET 2025 Application Process TENTATIVE |
Apr '25 | CUET UG 2025 Application Form Correction TENTATIVE |
Dec '24 - Feb '25 | CUET PG 2025 Application Process Online Fee TENTATIVE |
Dec '24 - Feb '25 | CUET PG 2025 Application Process TENTATIVE |
14 Oct ' 24 | Rajasthan JET 2024 Final Counselling Campus repor... |
11 Oct ' 24 | Rajasthan JET 2024 Final Counselling Last date t... |
6 Jan ' 25 - 10 Jan ' 25 | ICAR AIEEA PG 2024 Counselling: Online Registrati... |
15 Jan ' 25 - 16 Jan ' 25 | ICAR AIEEA PG 2024 Counselling 1st Round: Seat Al... |
Popular Maths Course Colleges in India
#203 QS World University Rankings
Popular Private Maths Course Colleges in India
Mathematics Applications open. Apply Now
Mathematics Applications open. Apply Now
Mathematics Applications open. Apply Now
Most Popular Courses
Popular Courses
- M.Sc. in MathematicsBanaras Hindu University
- B.Sc. (Hons.) in MathematicsBanaras Hindu University
- B.Sc. (Hons.) in Applied MathematicsJamia Millia Islamia
- B.Sc. (Hons.) in MathematicsJamia Millia Islamia
- M.Sc. in MathematicsHansraj College, University of Delhi
- B.Sc. (Hons.) in MathematicsHansraj College, University of Delhi
- B.Sc. (Hons.) in MathematicsHindu College, University of Delhi
- M.Sc. in Operational ResearchHindu College, University of Delhi
- B.Sc. (Hons.) in MathematicsAmity University, Noida
- M.Sc. in Applied MathematicsAmity University, Noida
Popular Maths Course UG Courses
UG Courses
- B.Sc.
3768 Colleges
- B.A.
188 Colleges
- B.Sc(Hons.)
34 Colleges
- B.Ed
25 Colleges
- UG Diploma
10 Colleges
Popular Maths Course PG Courses
PG Courses
- M.Sc.
2302 Colleges
- M.A.
79 Colleges
- M.E./M.Tech
7 Colleges
- PG Diploma
4 Colleges
- Master of Surgery
2 Colleges
News & Updates
Student Forum
Anything you would want to ask experts?Answered 5 days ago
If you had a gap afternoon your intermediate (12th) of three or more years.
Then, you can't do graduation with the Shree Dev Suman University uttrakhand.
U
Beginner-Level 1
Answered 2 weeks ago
The key highlights of IIT Mandi placements for its MSc in Applied Mathematics Class of 2022, 2023 and 2024 are tabulated below:
Year | Number of students sitting for campus placement | Number of students placed | Median Salary (in INR LPA) |
|---|---|---|---|
2020-22 | 20 | 16 | 12 |
2021-23 | 36 | 29 | 8 |
2022-24 | 47 | 14 | 7.2 |
Contributor-Level 10
Answered 2 weeks ago
- Global perspectiveStudying mathematics in a different country can help you understand how it's used and taught around the world.
- Language skillsMany universities require students to demonstrate proficiency in the local language
A
Contributor-Level 10
Answered 2 weeks ago
Students pursuing an BSc in Mathematics have access to a variety of career options. You can choose to pursue further education after finishing the course. You can also look for jobs in various sectors. The following are some of the most common industries in which BSc Mathematics graduates can find e
A
Contributor-Level 10
Answered 2 weeks ago
The elective subjects highlight the important career skills that candidates require to excel in the course and career and can be chosen based on the candidate's area of interest, the scope for higher education, etc. Below is a list of electives offered in BSc Mathematics:
- Analytical Geometry
- Vector Ca
A
Contributor-Level 10
Answered 2 weeks ago
In DU, admissions are done on the basis of Best Four Subjects' Marks or BFS Marks. BFS is calculated by choosing best three marks of your subjects of 10+2 and including English/Hindi.
Now, admission in Maths (H) in DU depends upon your category and the college you wish to go for. The following are mi
A
Contributor-Level 10
Answered 2 weeks ago
The counseling process for a BSc in Mathematics can include the following steps:
- Exam: Candidates apply for counseling after receiving their entrance exam results. Exam bodies publish the final answer key, which is used to calculate the results.
- University cut-off lists: Participating universities pub
A
Contributor-Level 10
Answered 2 months ago
Selecting the right books for JEE Main preparation is one of the most important parts of clearing the exam. Plenty of books are available in the market, and each claims to be the best book for JEE Main preparation. It is advised that students consult their teachers and friends before purchasing any
S
Contributor-Level 10
Answered 2 months ago
Hello, Mathematics graduates have many options for careers including teaching as well as working in multiple disciplines. Combining Mathematics with other specialist subjects such as economics, statistics, computer science, applied mathematics, engineering, and mathematical sciences can greatly impr
A
Contributor-Level 10
Answered 2 months ago
No, there are no rigid requirements to get admission to Mathematics Certification course. However, depending on the course level you choose, you'll be required to show your relevant qualification. For instance, if you opt for graduate Certificate in Maths, the basic eligibility criteria will be to h
A
Contributor-Level 10
Taking an Exam? Selecting a College?
Find insights & recommendations on colleges and exams that you won't find anywhere else
On Shiksha, get access to
- 63k Colleges
- 963 Exams
- 608k Reviews
I'm 32 years old and interested to do bsc in mathematics . Am I eligible or not?