Are you interested in becoming a Data Scientist and earning a handsome salary? Data Scientist is one of the growing professions that combines specialized skills, programming capabilities, calculation, and intense knowledge in statistics to yank valuable insights from the provided data. Data scientists cultivate and scrutinize enormous sets of organized and unstructured data to interpret the consequences of data analysis, processing, and modeling to forge actionable strategies for businesses and other organizations.
The average salary after data science course is INR 5,72,762 at the initial level while the sum increases with an increase in salary which can be up to INR 12,00,000 per annum and more along with bonus and profit sharing based on the company where the student is working. The top cities with higher scope as data scientists include Mumbai, Chennai, Bangalore, Hyderabad, Pune, and Kolkata. Some of the top recruiters of Data Science are Amazon Inc, HCL Technologies Limited, Tata Consultancy Services Limited, Accenture, Ericsson, etc. The Salary After Data Science offered by IBM Corp to a data scientist is approximately INR 14,68,040 per annum.
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The entry-level data scientist salary is INR 8,00,750 per annum while the mid-level average salary of a Data Scientist in India is INR 14,20,229 per annum. Candidates can expect INR 18,47,542 per annum at the senior level. The table below highlights the ranges of the average salary of a data scientist in India whose experience is between 0 to 20 or more years have been listed below.
Experience | Annual Data Scientist Salary |
---|---|
0 to 1 year | INR 5,72,762 |
1 to 4 years | INR 8,00,750 |
5 to 9 years | INR 14,20,229 |
10 to 19 years | INR 18,47,542 |
20 years and more | INR 12,00,000 |
Data Science Salary have been upgrowing providing candidates with enormous job opportunities across the world. Some of the top countries offering excellent salaries after Data Science are USA, UK, Australia, Canada, Japan, China, etc. Candidates can heck the table below for salary references across these top-mentioned cities.
Country | Data Science Salary |
---|---|
USA | INR 1,00,00,000 |
UK | INR 50,90,000 |
Australia | INR 61,14,000 |
Canada | INR 57,47,000 |
Japan | INR 39,24,000 |
China | INR 44,81,000 |
Russia | INR 67,28,000 |
The location wise Data Scientist Salary depends on several factors. Some of these factors include the availability of labor, technologies, developments, prospects, etc. The table below highlights the location wise Salary in Data Scientist profession all across the top cities in India.
City/ Location | Data Scientist Salary Location Wise |
---|---|
Mumbai | INR 788,789 per annum |
Chennai | INR 7,94,403 per annum |
Bangalore | INR 9,84,488 per annum |
Hyderabad | INR 7,95,023 per annum |
Pune | INR 7,25,146 per annum |
Kolkata | INR 4,02,978 per annum |
Source: Payscale
Data Science is an integrated course that helps candidates acquire detailed knowledge and preparation skills that may benefit their prospective careers. In the table below we have discussed the data science job prospects specialization-wise, the skills required, and data science salary.
Data Scientist Specialization | Skills Required | Data Science Salary (Approx) | Data Scientist Job Options |
---|---|---|---|
Business Analytics and Intelligence |
| INR 3,20,000 to INR 16,50,000 per annum |
|
Data Science With a Computational Track |
| INR 6,98,412 per year (Average) |
|
Data Engineering and Warehousing |
| INR 2,80,000 to INR 15,60,000 |
|
Database Management and Architecture |
| INR 10,20,000 to INR 38,20,000 |
|
Data Mining and Statistical Analysis |
| INR 4,96,000 (average) |
|
Machine Learning |
| INR 6,50,000 |
|
Managerial Data Science |
| INR 28,00,000 |
|
Data Science can be pursued at different levels of education. Candidates who wish to pursue the data science course can pursue it at the Diploma level, Undergraduate, and Postgraduate levels. We will discuss the Salary After Data Science for various levels.
Qualification | Courses Available | Data Scientist Salary Offered |
---|---|---|
Diploma in Data Science | Diploma in Data Science | INR 30,000 per month |
Undergraduate Data Science Programs | BSc/BTech Data Science | INR 66,000 per month |
Postgraduate Data Science Programs | MSc/MTech Data Science | INR 83,000 per month |
Candidates can acquire the Data Science course online as well as offline. The Data Science Salary for various job opportunities after one completes the data science courses successfully from a renowned institute has been provided in the table below.
Data Science Job Opportunities | Salary After Data Science |
---|---|
Data Scientist | INR 7,00,000 to INR 8,00,000 per annum |
Data Architect | INR 4,00,000 to INR 5,00,000 per annum |
Lecturer | INR 6,00,000 to INR 7,00,000 per annum |
Big Data Analyst | INR 4,00,000 to INR 7,00,000 per annum |
Business Intelligence Professionals | INR 2,00,000 to INR 6,00,000 per annum |
Data Engineer | INR 5,00,000 to INR 6,00,000 per annum |
Data Analyst | INR 3,00,000 to INR 4,00,000 per annum |
Business Analyst | INR 5,00,000 to INR 6,50,000 per annum |
The scope of data science in India is massive. Candidates are offered jobs in the government as well as private sectors.
The table below highlights the Annual Salary After Data Science (master level) in public sector companies based on various job roles.
Data Science Government Job Roles | Annual Salary After Data Science |
---|---|
Database Administrator | INR 10,23,000 per annum |
Data Science Teacher | INR 7,00,000 per annum |
Data Developer | INR 6,19,000 per annum |
Data Mining Engineer | INR 6,14,000 per annum |
Source: PayScale
The table below highlights the Annual Salary After Data Science (master level) in private companies based on various job roles.
Job Roles | Annual Salary After Data Science |
---|---|
Data Architect | INR 19,31,000 per annum |
Machine Learning Engineer | INR 9,58,000 per annum |
Data Engineer | INR 8,69,000 per annum |
Data Analyst | INR 4,11,000 per annum |
Source: PayScale
Data science is one of the most prosperous and sought-after careers. Companies seek to hire Data Scientists in India to encounter business challenges. Some of the top companies that hire data scientists have been listed below along with their average salary packages.
Top Recruiters | Average Salary After Data Science |
---|---|
Amazon Inc | INR 13,22,574 |
HCL Technologies Limited | INR 12,00,000 |
Tata Consultancy Services Limited | INR 8,90,567 |
Accenture | INR 13,11,504 |
Ericsson | INR 15,00,000 |
Walmart | INR 25,60,213 |
Fractal Analytics | INR 11,60,779 |
IBM India Private Limited | INR 9,15,628 |
EY (Ernst and Young) | INR 10,00,000 |
Mu Sigma | INR 6,50,000 |
Capgemini | INR 8,50,000 |
Deloitte | INR 7,00,000 |
(Source: payscale.com)
The salary in Data Scientist is high because they work crucially in any organization generating data with digital transformation where companies are laboriously investing in data where they are required to interpret that data and support organizations make more profitable decisions.
Yes, a data scientist with experience and lead skills can earn INR 1 crore in India.
Yes, data scientists are one of the best-paying professions in India.
Yes, a data scientist with experience and lead skills can earn INR 1 crore in India.
The salary in Data Scientist is high because they work crucially in any organization generating data with digital transformation where companies are laboriously investing in data where they are required to interpret that data and support organizations make more profitable decisions.
Calculus and mathematics, Programming, Statistics, and Interpersonal and communication skills are some of the top skills required to become a Data Scientist.
Mumbai, Chennai, Bangalore, Hyderabad, Pune, and Kolkata are some of the top paying cities for Data Scientists in India.
Telecoms, Retail, Insurance, Banking, and Healthcare are the top paying industries for Data Scientists in India.
A candidate having 0 to 1 year of experience in Data Science is offered jobs at approximately Rs 5,72,762 while with an experience of 1 to 4 years, candidates are expected to receive a package of Rs 8,00,750 per annum. Having an experience of 10 to 19 years can fetch an approximate salary of Rs 18,47,542 per annum while 20 years and more can make it Rs 12,00,000 per annum.