MSc Mathematics or MSc Statistics: Which is better?
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2 Answers
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MSc Mathematics delves deeply into mathematical theories, principles, and their applications across various branches like algebra, analysis, topology, number theory, etc.
MSc Statistics centres on statistical theory, methodologies, data analysis, probability, and applications in various domains such as healthcare, economics, social sciences, etc.
Candidates can check the table below to see the comparison between the two.
Particulars
MSc Mathematics
MSc Statistics
Course Level
Postgraduate
Postgraduate
Course Duration
2 years
2 years
Course Fee
INR 12,000 - INR 20 Lakh
INR 3,000 - INR 4,00,000
Entrance Examinations
IIT JAM, DUET, CUCET, NEST
DUET PG, CUET PG, IIT JAM
Top Colleges
Aligarh Muslim University, Banaras Hindu University, Bharathiar University, Calcutta University
Banaras Hindu University, Calcutta University, University of Hyderabad, Bharathiar University
Job Profiles
Mathematics Professor, Mathematics Specialist, Quantitative Risk Analyst, Quantitative Developer, Mathematician, Data Analyst, etc.
Investment Analyst, Business Analyst, Risk Analyst, Statistician, Data Analyst, etc.
Average Annual Salary
INR 2 Lakh - INR 12 Lakh
INR 9 LPA - INR 4 LPA
Top Recruiters
Ford, JCB, American Express, Capital One, Barclays Bank, Marks & Spencer’s, Tesco, etc.
Neilson, Deloitte Consulting, Tata Consultancy Services Innovation Labs, Blue Ocean Marketing, BNP Paribas, Goldman Sachs, Genpact, Accenture, etc.
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It completely depends on your interest. I would rather suggest you to go through the career options you have in your mind and then select the best of the two.
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