Mathematics & Statistics

Mathematics is the science of numbers which is also concerned with quantity, space and time, equations, fractions, geometrical shapes, and their relationships. Mathematics is extensively using to find proof and explanation for different theoretical and practical aspects in science. Statistics deals with data collection, organization, analysis, interpretation and presentation to solve real-world problems in business, engineering, the sciences, or other fields.

What are the various disciplines in Mathematics and Statistics ?

Data Scientist

Data Scientist uses scientific methods, processes, algorithms and information technology to extract knowledge and insights from structured and unstructured data from different economic, social and geographical circumstances.

Research Analyst

Research analysts are involved in various activities such as researching, collecting,analyzing, interpreting and presenting data related to different fields including markets, finance/accounting, domestic and international economics, stock markets, customers, and other information related to the field they work in.

Statistician

Statisticians work with theoretical and applied statistics to collect and analyze data and help solve real-world problems in business, engineering, the sciences, or other fields.

Quantitative Analyst

A quantitative analyst is a person who specializes in the application of mathematical and statistical methods to analyze financial and risk management problems in different fields such as business, commerce, banks, insurance etc.

Main Admission/Entrance exams for Maths and Statistics

Name of Exam Institutions Languages Application Period Exam Dates Website
Undergraduate - (UG)
CMI Common Entrance Examination Chennai Mathematical Institute. English March- April May second week https://www.cmi.ac.in/admissions/
ISI Admission Test Indian Statistical institute English February- March May first week https://www.isical.ac.in/~admission/
JMI entrance examination Jamia Millia Islamia English,hindi February - March May https://www.jmi.ac.in/studyatjamia/admissionandnotification/latest/1/1
BHU UET (Undergraduate entrance test) Banaras Hindu University English, Hindi February_ March May Second week http://bhuonline.in/
AMU Entrance Test Aligarh Muslim University English January February April First Week https://www.amucontrollerexams.com/
Postgraduate - (PG)
CMI PG Common Entrance Examination Chennai Mathematical Institute English March-April May Second week https://www.cmi.ac.in/admissions/
ISI PG Admission Test Indian Statistical Institute English March-April May second week https://www.isical.ac.in/~admission
RIASM Entrance examination Ramanujan Institute of Advanced Study in Mathematics, English April_May June http://riasm.unom.ac.in
UoH PG entrance exam University of Hyderabad English April_May June First Week https://www.uohyd.ac.in
CUCET Ten Central Universities Across India English March_April May last week https://www.cucetexam.in
TIFR Tata Institute of Fundamental Research English November December second week http://www.tifr.res.in/
AMU Entrance Test Aligarh Muslim University English January _ February April First week https://www.amucontrollerexams.com

What should I do to get admission for UG courses in Math & Statistics

Stream to Choose at +2 level:

Take Science stream with Physics, Chemistry, Mathematics and English at the +2 level

Subjects to focus:

Mathematics and statistics courses mostly require a strong base in Mathematics. Hence, the student has to give importance to build strong understanding in mathematical theories and operations.

Some skills to acquire:

The students of Mathematics and Statistics should have good analytical and numerical skills which make them able to solve complex questions in this field.

Minimum marks:

A minimum of 55% or more in aggregate of Physics, Chemistry and Mathematics is required by reputed universities. Further, 50% or more in English is also insisted upon by some universities.

Scholarships

Name Eligibility Website
Undergraduate - (UG)
KVPY Scholarship for Basic Sciences First year undergraduate students in Basic Sciences who have secured a minimum of 60% marks in aggregate in Mathematics and Science subjects in the XII Standard Board Examination and who have qualified in the KVPY examination http://kvpy.iisc.ernet.in/main/
INSPIRE scholarship Students who are among the top 1% in 12th standard at their respective Board Examinations and are pursuing courses in Natural and Basic Sciences at the B.Sc. or Integrated M.Sc. levels http://www.inspire-dst.gov.in/
Central sector scheme of scholarships Students who are above the 80th percentile of successful candidates in the relevant stream from the respective Board of Examination in Class XII of 10+2 pattern or equivalent and pursuing regular courses (not correspondence or distance mode) in recognised Colleges/Institutions https://scholarships.gov.in/
IndusInd Foundation The applicants should have passed passed 12th examination in the same academic year with minimum 85% marks. Should have secured admission in a regular degree course. The financial background of the students is also an important factor in granting the scholarship http://indusindfoundation.com/scholarship.php
Post-Matric Scholarship Scheme Applicants must belong to a minority community as notified by the Government of India. and annual family income of the candidate’s parents/ guardian should not exceed INR 2 lakh https://scholarships.gov.in
Postgraduate - (PG)
UGC PG scholarship for university rank holders Rank holders of each university at undergraduate level are eligible for this scholarship for pursuing postgraduate studies https://www.ugc.ac.in/urh/
CSIR UGC NET JRF fellowship Students registered/ enrolled for Ph.D/ Integrated Ph.D. programme with 55% marks in the qualifying exams and qualified in the National Eligibility Test. http://csirhrdg.res.in/
Prathibha Scholarship Offered to student pursuing B.Sc or Integrated M.Sc in Basic/ Natural Sciences who have secured minimum marks of 90% or equivalent grade for all subjects put together and minimum 90% marks or equivalent grade for all science subjects put together, for the Higher Secondary Board Examination http://www.kscste.kerala.gov.in/index.php/programmes-initiatives-schemes/h-r-development-in-s-t/pratibha-scholarship
J. N. Tata Endowment awards (Loan Scholarship) The J. N. Tata Endowment awards a one-time loan scholarship to Indian nationals only at the beginning of the course for full time Postgraduate/Ph.D./Postdoctoral studies/Research Fellowships studies abroad, in all fields. Applicants should be graduates of a recognised Indian University and have secured at least 60% in their last academic examination http://jntataendowment.org/loan-scholarship-process

Future of careers in Math & Statistics

Maths and statistics is a field which cater to the requirements in research related activities. Even though technology has an impact on the field, this field is quite unlikely for complete automation according to a report by BBC . According to BLS, the overall employment of mathematicians and statisticians is projected to grow 33 percent from 2016 to 2026, much faster than the average for all occupations. Businesses will need these workers to analyze . All big companies now require analysts for understanding the increasing volume of digital and electronic data for taking decisions. This trend is likely to increase in the future. So the scope for mathematicians and statisticians is huge and many institutions are now providing this course.

A professional in this field should be updated and should have expertise over the various applications and programs used in this field.

Other career areas a Mathematics and Statistics graduate can enter

Government Services

Mathematics and statistics graduates can enter various positions in government services by qualifying in civil services/ PSC examinations.

Education and Training

With postgraduate and doctoral qualifications in mathematics and statistics disciplines, careers in the academic field can be taken up.

Economics

Graduates in mathematics and statistics can work as economic analysts with suitable additional qualifications in economics or related fields.

Finance and Banking

Mathematics and statistics graduates may have opportunities in the field of finance and banking.They may need to acquire certain soft skills and knowledge of finance and banking to perform well.

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