Salary After MSc Mathematics in India 2025: Highest Paying Jobs & Career Opportunities

Did You Know? The demand for data science professionals in India is accelerating. The data analytics market is projected to grow at a compound annual growth rate (CAGR) of 35.8% from 2025 to 2030, expanding from USD 3.55 billion in 2024 to USD 21.29 billion by 2030.

The above stats indicate how growth opens huge opportunities for MSc Mathematics graduates in high-paying roles like Data Scientist, Quantitative Analyst, and Financial Analyst.  

Salary after MSc Mathematics in India can vary depending on job role, industry, and experience, with average earnings being ₹6.5 LPA. Specialized roles in data analytics and finance can offer even higher pay. 

In this blog, we cover the highest-paying jobs after MSc Mathematics, top industries offering lucrative salaries, the best colleges in India, and emerging career trends for 2025. We also check out how skills and certifications can boost your earning potential.

Check out upGrad’s Data Science and AI courses to turn your MSc in Mathematics into a high-paying career!

What Is the Average Salary After Completing an MSc in Mathematics in India?

As per Glassdoor, the average base pay for MSc Mathematics graduates in India is around ₹994 per hour, with a range between ₹951 - ₹1,000 per hour. And as per PayScale, the annual average salary of a professional with an MSc in mathematics is ₹6.5 LPA.

This translates to a strong earning potential, especially for freshers and experienced professionals working in high-demand roles like Data Scientist, Quantitative Analyst, and Financial Analyst.

What Are the Highest-Paying Jobs After an MSc in Mathematics?

Did You Know? The U.S Bureau of Labor Statistics reports that employment for mathematicians and statisticians is expected to grow by 8 percent between 2023 and 2034!

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. 

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The following are tables representing the salaries of various jobs in MSc Mathematics in accordance with designations and sectors:

Job Designation	Approximate Salary Range (per annum)
Mathematics Professor	INR 4.5 lakhs to 24 lakhs
Data Scientist	INR 4 lakhs to 29 lakhs
Statistician	INR 2 lakhs to 17.5 lakhs
Subject Matter Expert	INR 2.7  lakhs to 30 lakhs
Product Analyst	INR 4 lakhs to 23 lakhs
Research Consultant	INR 2 lakhs to 16 lakhs

Source: AmbitionBox

Which Industries Offer the Highest Salaries for MSc Mathematics Graduates?

The salary after MSc in Mathematics in India can vary widely depending on the industry. Graduates with an MSc in Mathematics have numerous career options after MSc Mathematics, from academia to high-paying roles in technology and finance.

1. Banking and Finance 

With an MSc in mathematics, you can find 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 hottest 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 science 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.

What Companies Offer the Best Salaries for MSc Mathematics Graduates?

Below is the list of top companies offering lucrative opportunities for MSc Mathematics graduates: 

• Top IT Companies: TCS, Infosys, Wipro
• Finance & Banking: Goldman Sachs, J.P. Morgan
• Analytics & Consulting Firms: Mu Sigma, Fractal Analytics
• Research & Development: ISRO, DRDO, CSIR labs
• E-Commerce & Tech Giants: Amazon, Flipkart
• Healthcare & Pharma: Cipla, Sun Pharma

These companies represent some of the highest-paying jobs after MSc Mathematics, giving both freshers and experienced professionals a chance to maximize their MSc Mathematics career scope in India.

How Does MSc Mathematics Salary Differ Between the Government and Private Sectors?

Salary after MSc Mathematics in India can vary depending on whether you work in the government or private sector. In government jobs, MSc Mathematics graduates enjoy stable salaries, perks, and job security.

On the other hand, Private companies, especially in IT, finance, and analytics, often offer higher salaries, faster growth, and performance-based bonuses.

Below is the comparison table: MSc Mathematics Salary in India - Government vs Private

Sector	Average Salary (Annual)	Key Roles
Government	₹1.4 LPA - ₹10.5 LPA  ₹2 LPA - ₹8 LPA  ₹2 LPA - ₹18 LPA	Lecturer  Research Associate   Statistician
Private	₹4 LPA - ₹29 LPA  ₹5 LPA - ₹42 LPA  ₹2.2 LPA - ₹14 LPA	Data Scientist  Quantitative Analyst   Financial Analyst

Source: Ambitionbox

Are There Opportunities for MSc Mathematics Graduates to Work Abroad?

• Yes, MSc Mathematics jobs in India can lead to international opportunities. 
• Top Countries: US, UK, Canada, Singapore. 
• Popular Roles: Data Scientist, Quantitative Analyst, Financial Analyst. 
• Salary Abroad: Average base salary after M.Sc. in Mathematics is $92,000 per year.
• Benefit: Global experience improves the MSc Mathematics career scope in India and opens doors to top companies.

Top Overseas Companies for MSc Mathematics Graduates: 

Sector	Top Companies
IT & Analytics	Google, Microsoft, IBM
Finance & Banking	Goldman Sachs, J.P. Morgan, Morgan Stanley
Consulting & Analytics	Mu Sigma, Fractal Analytics
Research & Development	CERN, NASA, CSIRO

Which Are the Best Colleges in India for MSc Mathematics?

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 provide a greater learning environment. 

Lets look into some of the top-ranked colleges for MSc Mathematics in India:

1. Hindu College 

• Overview- The Mathematics Department at Hindu College is recognized as one of the top departments in the University of Delhi for pursuing Mathematics. It prides itself on having a dedicated and successful faculty, a dynamic atmosphere for creativity, and impressive student achievements.  
• Key Highlights- Annual Flagship event Alpha, Annual Publication - Annulus 
• Key Courses- Advanced Fluid Dynamics, Cryptography

2. Miranda House 

• Overview- The Mathematics Department at Miranda House is amongst its oldest departments, since the foundation of the college. The department boasts of higher academic excellence as well as institutional facilities of experienced faculty. The department thrives due to its diligence towards enhancing the learning experience.  
• Key Highlights- Sankhya ( Mathematics Society ) 
• Key Courses- Advanced Complex Analysis, Methods of Applied Mathematics

3. IIMS ( Institute of Mathematical Sciences ) 

• Overview- The Institute of Mathematical Sciences is a renowned research institute in India, offering research programs in various disciplines. Research aspirants often deem this institute among their top priorities owing to its dynamic curriculum and mathematics department. 
• Key Highlights- Research seminars, Workshops, JRF Program 
• Key Courses- Functional Analysis, Geometry and Topology

4. BITS Pilani 

Overview- The MSc Mathematics program at BITS Pilani largely focuses on the development of core mathematical skills through its dynamic and flexible degree options. The course boasts skilled faculty, a higher student success rate as well as activity-based learning. 

Key Highlights- Dual Degree Program, Practice School Program 

Key Courses- Thermodynamics, Probability and Statistics

5. Madras Christian College 

• Overview- The Department of Mathematics of Madras Christian College is a historical educational department with over 100 years of existence and prominence. With a track record of academic rigor, student support, and a successful alumni record, this college is amongst the top-ranked colleges for MSc mathematics. 
• Key Highlights- Blend of Pure mathematics and applied mathematics 
• Key Courses- Functional Analysis, Complex Analysis

6. St. Stephen’s College 

• Overview- The Mathematics Department at St. Stephen’s College attracts motivated individuals each year due to its academic prestige. With its diverse and rigorous curriculum, it offers students all-round learning. The department focuses on interactive events, programs, and experiential learning through learned and experienced faculty. 
• Key Highlights- The Mathematics Society, Semester events: Guesstimate 
• Key Courses- Mathematical Programming, Dynamical Systems

Boost your career prospects after an MSc in Mathematics by mastering key tools like Excel. Check out these 60 Advanced Excel Formulas to enhance your skills and increase your earning potential. 

What Is the Future Scope and Trend for MSc Mathematics Graduates?

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.

Let’s take a brief look at the scope of mathematics:  

• In technology, AI and machine learning are powered by math through which better predictions, recommendations, and automated decision-making processes are achieved.
• These advancements in math are also useful in cybersecurity and protecting our personal and sensitive data. 
• The same approach can be used in markets to forecast their behavior, investment management, and risk reduction, which, in general, impact the global economy.
• It is applicable in biology and health care, where mathematical models help to monitor the spread of the disease, help prepare a vaccine, or develop medication for an individual, thus benefiting people’s health.

Also Read: Importance of Mathematics in Data Science

What Are the Emerging Career Trends for MSc Mathematics Graduates?

Below are the blooming career trends for a professional with a master of Science degree in mathematics, 

1. Artificial Intelligence and Machine Learning:  Mathematics is the backbone of AI and ML models, using linear algebra, calculus, and statistics. Graduates with these skills can earn high salaries as data scientists or AI specialists.
2. Interdisciplinary Roles:  Mathematics knowledge is increasingly applied in medicine, business, economics, and physics. This rise in interdisciplinarity boosts MSc Mathematics salary for freshers and experienced professionals in emerging sectors.
3. Skill Development in Logical and Mathematical Reasoning: Critical thinking, problem-solving, and analytical reasoning are highly valued by employers, improving career options after MSc Mathematics and enhancing earning potential.
4. Inclusion and Equity in Math Careers:  With a focus on diversity and inclusion, more opportunities are opening up in education, research, and global organizations, increasing the reach and scope of MSc Mathematics jobs in India.

What Skills Boost Salary Prospects for MSc Mathematics Graduates?

Skills and expertise play a crucial role in securing highest highest-paying jobs after MSc in Mathematics and improving MSc Mathematics salary for freshers and experienced. Your degree gives a strong foundation in math and analytics, but learning extra skills can help you earn more and open doors to top industries like data science, finance, and technology.

Key Skills to Enhance Salary Prospects: 

• Programming Languages: Python, R, and SQL are widely used in data science, analytics, and finance. If you master these skills, then it can boost your Data Scientist salary after an MSc in Mathematics.
• Data Analysis & Statistical Tools: Knowledge of tools like MATLAB data types, SAS, or SPSS is valuable for MSc Mathematics jobs in India in research, analytics, and consulting.
• Machine Learning & AI: Applying mathematical models to AI projects and ML projects increases your chances for high-paying roles in tech companies.
• Quantitative & Financial Skills: For careers in banking, finance, or actuarial science, strong quantitative skills are a must, enhancing the MSc Mathematics career scope in India.
• Soft Skills & Problem-Solving: Communication, teamwork, and critical thinking help secure leadership roles and higher packages.

These technical and soft skills can help M.Sc. Maths grads to target the best companies offering salary potential.

How Can upGrad Courses Help MSc Mathematics Graduates Get High-Paying Jobs?

upGrad courses can help MSc Mathematics graduates enhance their skills and land highest paying jobs after MSc Mathematics. By learning industry-relevant tools and technologies, you can improve your MSc Mathematics salary for freshers and experienced and unlock more career options after MSc Mathematics in sectors like data science, analytics, and finance.

Top upGrad Courses for MSc Mathematics Professionals:

Course Name	Key Skills & Tools Covered
Data Analysis Courses	Python, R, SQL, Tableau
Free Data Science Courses	Learn to automate decisions and predict future trends accurately through advanced analytics
Business Analytics Certification	Data-driven decision-making, Statistical analysis, Excel, Power BI
Advanced  Gen AI Certification Course	Generative AI tools, AI applications in analytics & finance

Key Benefits:

• Gain hands-on experience in data analytics, machine learning, and AI, which are highly valued in top industries. 
• Strengthen your portfolio to qualify for roles like Data Scientist, Quantitative Analyst, and Financial Analyst. 
• Certifications from upGrad can boost credibility and MSc Mathematics career scope in India.

However, you can also check out our online courses and talk to our expert counsellors for a wide range of options and find the right fit for yourself.