Ph.D. in Applied Mathematics is a 3-year full-time Doctorate course in Applied Mathematics. Eligibility for the course is M.Sc. in Applied Mathematics or an equivalent degree from a recognized university with minimum aggregate of 55% marks
Many colleges offer Ph.D. in Applied Mathematics course in India. Every college has their own eligibility criteria, admission process, and fees structure. Private and deemed colleges offer this course.
Some of the top colleges/universities offer this course includes:
The average fee for this course ranges between INR 5,000 to 3 Lacs based on the candidate’s marks obtained in their Master’s degree or an entrance exam.
This course develops purposeful competencies in mathematics and critical thinking skills. in this course, students also study an appreciation and the contribution of mathematics to the fields of economics, science, business, engineering, and government.
Admission to Ph.D. in Applied Mathematics is based on merit-list or entrance-based. Most of the colleges select students based on the marks obtained in their Master's degree or an equivalent degree examination for course admission. Some reputed colleges conduct entrance exams for this course admission. Students who are selected for entrance exam should attend the personal interview conducted by the college. Based on their performances, they will be selected for admissions.
After completion of this course, graduates may work in fields like Banks, Investment Firms, Commerce Industry, Business Industry, Colleges, Universities, Research and Development Firms, Indian Civil Services, Inventory Management, Insurance Agencies, Statistics, etc. These professionals may work in positions like Mathematician, Statistician, Loan Officer, Accountant, Economist, Demographer, Researcher, Personal Banker, Cryptographer, Demographer, etc. The average salary for these professionals ranges between INR 2 to 10 Lacs as per their experience and expertise in this field.
Written below are some of the major highlights of the course.
|Examination Type||Semester type|
|Eligibility||Master’s degree in Applied Mathematics|
|Admission Process||Merit-based or Entrance –based|
|Top recruiting organizations||Aquis, Airtel, ITC Infotech, IBM Global Services, ABC Consultants, NEXT Techno Enterprises, Brainfuse|
|Top recruiting areas||Banks, Investment Firms, Commerce Industry, Business Industry, Colleges, Universities, Research and Development Firms, Indian Civil Services, Inventory Management, Insurance Agencies, Statistics|
|Top job profiles||Mathematician, Statistician, Loan Officer, Accountant, Economist, Demographer, Researcher, Personal Banker, Cryptographer, Demographer|
|Course Fee||INR 5,000 to 3 lacs|
|Average Starting Salary||INR 2 to 10 Lacs|
Ph.D. in Applied Mathematics course involves in research that uses various methods of mathematical types associated with the graph theory, asymptotic analysis, scientific computation, bifurcation theory, probability and statistics, ordinary an partial differential equations, stability theory, singular perturbations, and stochastic processes. In this course, students study statistical concepts relating to inspection, engineering design, and quality assurance.
In this course, major topics studied by the students are correlation, normality, probability, sampling, regression, and confidence intervals in reliability. This course is designed to enrich the applications like algebra and trigonometry, systems of linear equations, algebraic fractions, literal equations, quadratic equations, right triangles, vectors, word problems and their solutions.
Given below are the college names, location and the average structure of the fees which will be taken by the college for this course.
|COLLEGE NAME||CITY||AVERAGE ANNUAL FEE IN INR|
|Amity University||Gwalior||INR 50,000|
|Babu Banarasi Das University||Lucknow||INR 40,000|
|Bhilai Institute of Technology||Durg||INR 35,000|
|Birla Institute of Technology||Patna||INR 5,000|
|Defence Institute of Advanced Technology||Pune||INR 2,56,000|
|Delhi Technological University||Delhi||INR 20,500|
|GITAM Institute of Science||Vishakhapatnam||INR 2,15,000|
|Guru Ghasidas Vishwavidyalaya||Bilaspur||INR 8,550|
|South Asian University||New Delhi||INR 63,150|
|Central University of Jharkhand||Ranchi||INR 25,000|
|SV National Institute of Technology||Surat||INR 2,33,000|
|University of Hyderabad||Hyderabad||INR 91,083|
|Vidyasagar University||Midnapore||INR 31,623|
Candidates who have completed M.Sc. in Applied Mathematics or an equivalent degree from a recognized university are eligible for Ph.D. (Applied Mathematics) course. Candidates who have 60% of marks in Master’s degree or an equivalent degree are also eligible for this course. The percentage may vary from one college to another.
Admission to Ph.D. in Applied Mathematics is based on merit-list or entrance-based. Most of the colleges select students based on the marks obtained in their Master's degree or an equivalent degree examination for course admission. Some reputed colleges conduct entrance exams for this course admission.
Some of the major entrance exams conducted by the top colleges and universities are:
Students who are selected for entrance exam should attend the personal interview conducted by the college. Based on their performances, they will be selected for admissions.
A year-wise syllabus for Ph.D. in Applied Mathematics is given below. The syllabus may vary from one college to other.
|YEAR I||YEAR II||YEAR III|
|Algebra||Differential Equation||Mathematical Finance|
|Calculus||Discrete Mathematics||Metric Space|
|Computer Science||English Literature||Probability Theory|
|Computational Techniques||Linear Programming||Statistics|
This field is one of the top career choices made by students in India. Ph.D. graduates may work in a wide range of applied mathematical areas like Applied and Numerical Analysis, Applied and Computational Complex Analysis Group, Biomathematics Group, Complexity and Networks, Dynamical Systems, Fluid Dynamics, Mathematical Physics, etc. Graduates who have the ability to handle customers and basic knowledge about the industry may also work in both private and government banks.
These are lots of job opportunities available in India as well as in foreign countries for Mathematical graduates. These professionals can also seek employment in various sectors such as in government and private banks, markets research, public accounting firms, government and private financial sectors, budget planning, consultancies, and corporations. Top companies offer jobs for these professionals are Aquis, Airtel, ITC Infotech, IBM Global Services, ABC Consultants, NEXT Techno Enterprises, Brainfuse, etc.
They may also join an overseas or private sector bank for senior-level positions one needs specialization in certain specific areas like credit appraisal skills, they are managing huge loan files and foreign exchange. They may also work in positions offered by the top companies and organizations are Analyst, Analytical Manager, Cryptographer, Mathematician, Statistician, Loan Officer, Accountant, Economist, Demographer, Researcher, Personal Banker, Demographer, etc.
Given below are the major job positions, their descriptions, and the Average annual salary for each position:
|JOB POSITION||JOB DESCRIPTION||AVERAGE ANNUAL SALARY IN INR|
|Accountant||Accountants are responsible for performing administrative duties such as maintaining schedules, and the production of forms. They may prepare tax returns and financial statements, and accounting firms represent clients on matters pertaining to their financial affairs. They also have a responsibility to meet with clients to discuss their financial matters; they are equipment, real property, and tax liability.||INR 2 to 3 Lacs|
|Cashier||Cashiers are responsible for selecting the right product sounds interesting; they also consider becoming a retail sales worker. Personnel greets customers as they enter the store products; they assist in locating desired items and encourage the customer to buy the merchandise. They may also set up store displays and perform cashier duties. The training is generally offered by the employer.||INR 1 to 3 Lacs|
|Insurance manager||Insurance Managers are responsible for researching which helps them forecast how likely it is for certain risk events to occur and how these events will impact their company with potential loss. For example, an insurance actuary with a property and casualty specialization might calculate how many claims the company can expect to have as a result of car accidents.||INR 6 to 7 Lacs|
|Loan counselor||Loan counselors are responsible for working with a financial institution, they process a client's application materials, they verify the information and work with the client to come up with a financial plan. They will also answer questions about existing loans and assist struggling clients with rescheduling payments or restructure loans to help them remain solvent.||INR 2 to 4 Lacs|
|Finance manager||Financial Managers are responsible for reviewing financial reports, monitoring accounts, maintaining reports and preparing activity reports and financial forecasts. They may also investigate ways to improve profitability and analyze markets for business opportunities, they are expansion, mergers or acquisitions.||INR 8 to 9 Lacs|
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