The data scientist salary in India is a direct reference to the strong demand for skilled data scientists in India. The need for data scientists who can skillfully turn complex data into easy interpretations is higher than ever today. As businesses are increasingly relying on data, this need continues to rise. The data scientist salary in India is also influenced by various elements such as the experience level, qualifications, skills, and the company professionals are working. This article aims to talk about the average data scientist salary in India, the required skills to achieve lucrative salary packages and the different types of data scientist roles in India.
A data scientist is a professional who gathers and analyses large sets of data, both structured and unstructured. This role combines knowledge of mathematics, statistics, and computer science. The job role of a Data Scientist can be defined as making sense of messy and unstructured data from sources such as social media feeds, emails, and smart devices that don't fit into a database. They are highly skilled and serve in both industries IT and business. Data Scientists can also be referred to as Computer Scientists, part Mathematicians, and part Trend Analysers. The Data Scientist salary in India is one of the highest salaries among tech careers in India.
Data Scientists analyze processes and model data to interpret results into actionable plans for companies and organisations. He or she must be skilled in technology and social science in order to find trends and manage data. A Data Scientist utilises industry knowledge, scepticism of existing assumptions, and contextual understanding to determine solutions to business challenges.
Data Scientists must be able to communicate complex business ideas and make data-driven organisational decisions. Besides having analytical skills, they must be effective communicators, leaders, and team members. Senior Data Scientists and Data Managers are provided with the responsibilities of cleaning, processing, and storing data. They work cross-functionally with other teams such as marketing, operations, and customer service.
Many professionals enter this field by pursuing a B.Tech. in data science and engineering or by improving their skills through online data science courses, especially since the data scientist salary in India for freshers is highly competitive.
If you want to become a Data Scientist, then you must acquire the required skill sets. We have provided here the details of Data Scientist skills. These skills are crucial to remaining efficient and competent in a fast-paced world, especially to get a high data scientist salary in India.
Communication Skills: Candidates must possess good communication skills to pursue a full-time career as a Data Scientist. Data Scientists are required to communicate with stakeholders. They are required to understand the business requirements and communicate key data insights.
Storytelling Skills: Storytelling skills are crucial for oral communication, writing, and data visualisation. Good storytelling skills can be considered as the analytical solutions for communication in clear, concise, and to-the-point.
Machine Learning: Machine Learning can be defined as the study of computer algorithms that can be improved automatically with experience and data usage. Data Scientists proficient at machine learning always stand out. It provides support to analyse large chunks of data by utilising machine learning and data-driven models. You can pursue a machine learning course to improve your skills and the data scientist salary in India that you receive.
Data Visualisation: The role of a Data Scientist involves data visualisation for the graphical representation of data. He or she is required to use visual elements such as charts, maps, graphics, infographics, and others. It is quite adequate for technical analysis and visual storytelling. A Data Scientist visualises data using various tools such as ggplot, d3.js, and Tableau.
Business Strategy: Data Scientists must be capable of understanding the business problems and conducting analyses from the standpoint of strong problem statements. It provides support to Data Scientists to build their own infrastructure for slicing and dicing data.
These skills also support related roles and opportunities like career as database architect.
The average data scientist salary in India varies depending on the roles and responsibilities of candidates. We have provided here details of the Data scientist salary in India.
The salary for a career as data scientist varies depending on various factors,A including skills, expertise, size, and structure of the employing organisation. The average salary of Data Scientist in India is Rs. 14.9 Lakhs - 16.5 Lakhs per month.
Data Scientist Salary per Annum:
Experience | Annual Salary |
1 year | Rs. 10.7 Lakhs - 11.8 Lakhs |
2 years | Rs. 11.1 Lakhs - 12.3 Lakhs |
3 years | Rs. 12.5 Lakhs - 13.8 Lakhs |
4 years | Rs. 15 Lakhs - 16.6 Lakhs |
5 years | Rs. 17.2 Lakhs - 19 Lakhs |
Data Scientist salary in India per month may not be equivalent to the annual CTC. The salary breaks up may also vary from organisation to organization depending on the services provided by the employer to the employee.
Top Recruiters | Average Salary |
Mu Sigma | Rs 6.7 Lakhs - 7.7 Lakhs |
Accenture | Rs 16.5 Lakhs - 18.3 Lakhs |
Tata Consultancy Services Limited | Rs 9.5 Lakhs - 10.6 Lakhs |
Amazon Inc | Rs 23.3 Lakhs - 26.1 Lakhs |
Ericsson | Rs 19.6 Lakhs - 22 Lakhs |
EY (Ernst and Young) | Rs 12.8 Lakhs - 14.2 Lakhs |
Fractal Analytics | Rs 17.9 Lakhs - 19.8 Lakhs |
IBM India Private Limited | Rs 17.7 Lakhs - 19.6 Lakhs |
HCL Technologies Limited | Rs 8.9 Lakhs - 10.5 Lakhs |
Deloitte | Rs 15.2 Lakhs - 16.8 Lakhs |
Capgemini | Rs 10.8 Lakhs - 12 Lakhs |
Walmart | Rs 32.4 Lakhs - 35.8 Lakhs |
(Source: Ambitionbox.com)
A Data Scientist applies data mining techniques. He or she performs statistical analysis and builds high-quality prediction systems integrated with products. A Data Scientist must possess expertise in mathematics, statistics, and machine learning. He or she is responsible for identifying the patterns in the data and utilising them to build and improve the prediction systems.
Data Engineers work with a variety of settings. They are mainly responsible for collecting, managing, and converting raw data into useful information. This information is utilised by data scientists and business analysts. The primary goal of a Data Engineer is to make the data accessible for organisations to evaluate and optimise their performance.
Data Engineer Salary:
The salary of a Data Engineer varies depending on the candidate’s skills, prior experience, and employment. The average Data Engineer salary in India is Rs. 11.2 Lakhs - 12.4 Lakhs per annum.
(Source: Ambitionbox)
A Data Analyst's work involves collecting, cleaning, and interpreting data sets. He or she converts that statistical data into useful information that can be utilised by businesses and organisations for critical decision-making. Data Analysts can work in a variety of industries, such as business, finance, medicine, criminal justice, science, and government.
Data Analyst Salary:
The Data Analyst salary varies depending on the candidate's skills, expertise, experience, and geographical location of the employing organisation. The average Data Analyst salary in India is Rs. 6.5 Lakhs - 7.2 Lakhs.
(Source: Ambitionbox)
Data Scientist is one of the most sought-after careers with the highest data scientist salary per month. Companies seek to hire Data Scientists in India to face business challenges. A Data Scientist role involves gathering and analysing structured and unstructured data from various sources, such as emails, social media, and other smart devices and finding trends in them to make future prediction systems to help organisations with effective business decisions.