Data Scientist Salary in India Per Month for Freshers & Experienced

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.

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.

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.

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.

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,

For more articles and updates on Data Scientist Salary in India Per Month for Freshers & Experienced, Stay tuned with CollegeDekho!