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Have Great Interest in Maths? Check out the Future Prospects in Mathematics

by Nov 6, 2016Mathematics

Mathematics has a long history and tradition. It was mainly developed in India and by the Greeks. The Sulvasutras and Vedic texts for constructing ritual altars contain a hell lot of geometrical results, theorems and constructions. These involve the geometric explanation of Pythagoras theorem as well as approximation of the value of “pi’ and ratio of circumference of a circle to its diameter.
India blessed the world and mathematics by inventing the decimal system and most importantly the number “zero”. Mathematical schools boast the likes of Aryabhatta and Bhaskara. Theorems of Calculus that were later invented by Newton and Leibnitz were found to be invented and used in the School of Madhava in Kerala in the 15th century, that was more than 200 years ago.
During the colonial rule, there was a break in this tradition which was later revived and inspired by Ramanujan in the 20th century especially in southern India in terms of mathematics. After gaining independence, Government of India established some schools of excellence where the individuals distinguished themselves through their works of excellence.
Jobs available
Looking at the job scene, there are several employments for people outside the academic web. Government departments such as space research, defence research, aeronautical research, etc employs mathematicians for solving their complex problems.
Cryptology is also a special part where the safety of credit cards and transactions are relies on sophisticated maths. Many organisations like SETS and DRDO employ people who are trained in this area or are willing to work in these sectors. Other branches include financial mathematics where there are very paid jobs.
Recruiters like IBM and Microsoft also known as the tech giants hire scientists for this section who either computer buffs or mathematicians. Thus, there are several well paid jobs for mathematicians besides being a teacher or in academics.
Students pursuing mathematics actually end up getting academic jobs like teaching or research. They have just two options, either to complete their PhD (post-doctorate) in universities with a lump sum stipend or end up researching in any funded organisations.
There are people who even take up the jobs of assistant professors in universities at the age of 28 – 32 with a basic salary that is affordable to live with a complete family and including all the allowances. But in the corporate sectors, basic salary is nearly this amount excluding all the health care and allowances for the family that are provided separately.
To attract newbie doing PhDs, those are flourishing well in research level are offered fellowships for three years that contains huge salary and other contingency grants with which equipment, travel fares and other costs are met. There are several institutes and universities around the world that also allows these types of grants to the newly recruited students and scholars to provide all the facilities for their research. The facilities include:

  • Secured jobs
  • You can choose your own research problems and subjects.
  • Better lifestyle with secured salary, regular timings and well-defined vacation periods.
  • There are many opportunities to set up research workshops with their colleagues and fellow researchers in India and abroad.
  • Staying in touch with young aspiring minds and sharing their views and outlook towards life

To flourish and rise in a profession, one should have their interest in the subject. They must have adequate research materials for nearly 30 – 40 years. But the main part and real downside are that it takes a person 5 years to get a masters degree while another minimum 3 – 5 years to get a doctoral degree. After all these, a person gets a job at the age of 28 – 32.
Job security and opportunities
Throughout the world, if you search for the best prospects you need to visit India as they provide a whole lot of jobs there. Be it academic, research structure or any other computational jobs.
There are purely research based institutions like the University of Cambridge, Harvard University, Massachusetts Institute of Technology, Stanford University as well as Oxford University. These are all autonomous institutions that are funded and supported by the respective governments.
There are even central and state Universities. State universities have several vacancies that are filled by the terms and policies implied by the State governments.
Remaining other institutions is free from all these modes and has clear and transparent methods of recruitment. These institutions every time asks for fresh and latest faculty. But the need is so much, and the supply is very less that the retirement age has been increased to 65. Even some are allowed to re-employ until they reach the age of 70.
Trainings available
The training process is pretty simple but a long one. Firstly, they need to complete a 3-year BSc course which is followed by a master’s programme. After that, one can easily join a university or an institution for the doctoral course.
In some institutes, there are even combined a course of bachelors and masters degree. These are mainly offered by top institutes and universities around the world.
Institutions of pure sciences also include some PhD programmes combined with master’s programme. Promising students are selected through an entrance exam after their bachelor’s degree.
The IITs and universities mainly have independent MSc and PhD programmes. Admissions are basically based on entrance exams followed by interviews. Princeton University has an MSc programme based on the application in mathematics and specialisation in financial maths and computational programmes.
Wherever you live, with the help of Distance Learning System, you can make most out of Mathematics knowledge to improve your skills and make your career in a better way. Regarding homework, you can take online academic professional support to complete your projects on time and take further assistance as well.