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Data Scientist Salary in India Per Month for Freshers & Experienced

Data Scientist is one of the most reputable jobs in India which pays well. Check the article below for more details on Data Scientist Salaries in India per month for freshers and experienced.

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Data Scientist Salary- Are you looking for Data Scientist Salary in India for freshers and experienced in 2023? Data Scientist is an upgrowing trend with boosting salaries. Data science is a field that incorporates the main domain knowledge, programming capabilities, mathematics, and statistics knowledge to draw valuable insights from data. Data Scientists are the basis on which the firms make decisions based on the insights provided by them by analyzing the trends. Therefore, due to this reason, the demand for data scientists is high, and based on the reports, it will increase by 45% by 2030. The average data scientist's salary in India is approximately INR 9,00,000 per annum.
Also Check - Top 10 Data Scientist Jobs for Freshers in 2023

In this article, we will discuss the Data Scientist Salary in India Per Month for Freshers & Experienced.
LATEST - Data Analyst vs. Data Scientist: Which is a Better Career Option?

Data Scientist Salary in India Overview

Data Scientists usually earn more than the average salary of the other professions in India. As a fresher, the salary of Data Scientist can be INR 5,72,762 whereas the number increases with an experience of more than 10+ years which can be more than INR 25,00,000 per annum along with bonus and profit shares entirely on the basis of the company where the candidate is working. According to reports, candidates as senior data scientists can expect INR 21,90,000 per annum. Some of the top recruiters of data scientists in India are TCS, Accenture, Amazon, Flipkart, IBM, Infosys, Google, Ericsson, etc.
Also Check - Data Science Course Fees: Duration, Online Course Fees in India

Data Scientist Salary in India Highlights

Candidates who are looking for the Data Scientist Salary in India can check the highlights from the table below.

Particulars

Details 

Average Data Scientist Salary Per Annum

INR 9,00,000 per annum

Average Data Scientist Salary Per Month

INR 72,176 to INR 74,037 per month

Top Companies Data Scientist Salary

(Per Annum) 

  • Walmart- INR 22,75,000 to INR 28,00,000
  • Flipkart- INR 17,00,000
  • IBM- INR 13,50,000
  • LinkedIn- INR 13,00,000 to  INR 22,00,000
  • Delloit INR 12,00,000 - INR 13,00,000
  • Accenture- INR 10,50,000

Experience Wise Data Scientist Salary

  • 0 to 2 years - INR 5,81,000
  • 2 to 5 years - INR 8,22,000
  • 5 to 10 Years - INR 14,69,000
  • 10 to 15 years - INR 19,34,000
  • 15 Years & more - INR 25,61,000

Designation Wise Data Scientist Salary

  • Data Scientist - INR 7,00,000 to INR 10,00,000
  • Data Analyst - INR 3,00,000 to INR 4,55,970
  • Business Analyst - INR 5,00,000 to INR 6,50,000

Average Salary of a Data Scientist

Based on a recent report from Glassdoor, the average salary of a data scientist is INR 10,00,000 per annum. The average starting salary of a data scientist can be INR 5,00,000 while the highest salary can be INR 37,00,000 - 50,00,000 per annum. To reach the highest salary for a data scientist, candidates need to possess some of the required skills such as Experience in Data Mining, Data Wrangling, Data Cleaning, Knowledge of Machine Learning, and Advanced knowledge of programming languages like SAS, Python, SQL, and R. 
Also Check - List of Artificial Intelligence (AI) and Data Science Courses after 12th

Salary of a Data Scientist Per Month

According to reports from Ambitionbox, the average monthly salary of a Data Scientist with appropriate experience ranges from INR 72,177 to INR 74,038. Candidates can check the monthly salary of data scientist in India from the table below.

Years 

Data Scientist Salary 

0 to 2 years

INR 48,000 Per Month

2 to 5 years

INR 68,500 Per Month

5 to 10 Years

INR 1,22,416 Per Month

10 to 15 years

INR 1,61,166 Per Month

15 Years & more

INR 2,13,416 Per Month

Also Check- How to Become a Data Scientist in 2023: Step by Step guide

Salary of a Data Scientist: Designation Wise

The designation wise data scientist salary has been listed in the table below.

Jobs After Data science course

Data Science Salary (Per Annum)

Business Intelligence Professionals

INR 2,00,000 to INR 15,60,000

Data Analyst

INR 3,00,000 to INR 4,55,970

Big Data Analyst

INR 4,00,000 to INR 7,00,000

Data Architect

INR 4,00,000 to INR 20,41,159

Data Engineer

INR 5,00,000 to INR 6,00,000

Business Analyst

INR 5,00,000 to INR 6,50,000

Lecturer

INR 6,00,000 to INR 7,00,000

Data Scientist

INR 7,00,000 to INR 10,00,000

Salary of a Data Scientist: Experience Wise

Data Scientists earn a good salary from the early stages of their careers. The numbers are always increasing and can be more than INR 25,00,000 per annum. We have sketched the experience wise data scientist salary in the table below.

Years 

Data Scientist Salary (Per Annum)

0 to 2 years

INR 5,81,000

2 to 5 years

INR 8,22,000

5 to 10 Years

INR 14,69,000

10 to 15 years

INR 19,34,000

15 Years & more

INR 25,61,000

Deciding Factors for Salary of Data Scientist

The salary of a data scientist is dependent on several factors. Some of these factors include the location of the candidate, education, employer, experience, company size, tools, etc. We will discuss the deciding factors for determining the salary of data scientists.

  1. Location- One of the most important factors that help in determining the data scientist salary is the location of the company. Companies that are located in the top cities of India such as Gurgaon, Mumbai, Bangalore, and Chennai are likely to offer higher salaries compared to other cosmopolitan cities.
  2. Education of the candidate- Candidates should at least be a graduate to get a job in data science. The education of the candidate is an important factor to determine their salary. Candidates who have several other certifications and internships are offered higher salaries than the candidates who have only graduated degrees.
  3. Employer/Company- Candidates who get hired into a renowned company are offered higher saalries. Companies suvh as Amazon, IBM, TCS, and Accenture offer higher salaries compared to many other companies in India.
  4. Experience of the Candidates- The experience of the candidates affects the salary to a greater extinct. Candidates at the initial stage are offered a salary of around INR 5,81,000 while with experience, it can extend to more than INR 25,61,000.
  5. Size of the Company - A company with fewer employees offers less salaries to the candidates while companies with more number of employees offer higher salaries. Apart from the higher salaries, candidates also get health insurance, facilities, paid leaves, etc.
  6. Usage of Popular Tools- Candidates willing to start this career as a data scientist are mandated to know certain programming languages and handling of tools as these are compulsory. Tools such as SQL, Apache Spark, Python, Jupyter Notebook, etc.
  7. Negotiation - Negotiating a salary is a very crucial skill. Candidates are advised to be educated about the salary trends of the company as well their experience, and education. They should never ask for a salary that is unrealistic and vague.

Data Science Related Links,

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FAQs

Is Data Scientist a good career?

Data science is an incredible career with a vast potential for forthcoming growth.
 

Do I need a degree to become a Data Scientist?

Yes, you are mandated to acquire a degree in data science to become a successful data scientist.
 

Do data scientists get paid well?

Yes, data scientists are the most well paid professionals compared to any other specialist.
 

Who earns more data scientist or MBA?

Data scientists earn more and are in high demand compared to data analysts or candidates holding a degree in MBA.
 

Who earns more CA or data scientist?

A data scientist earns approximately INR 14,69,000 while a Chartered Accountant earns INR 8 Lakhs to 15 Lakhs per annum.
 

What are the top paying industries for data scientist in India?

Banking, Financial Services, and Insurance (BFSI), Media & Entertainment, Mining, Quarrying, and Oil and Gas Extraction are some of the top industries that offer good salaries to candidates from data science.
 

What is the starting salary for a data scientist in India?

The starting salary of data scientist in India can be anywhere from around INR 5,81,000.
 

What is the highest salary of data scientist in India?

The highest data scientist salary in India is approximately INR 25,61,000.
 

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