What is the range of Data Scientist salaries in India?
The career demand for data Science is high nowadays and one of the reasons behind this is the high salary. There is a huge amount of data generated every day by businesses and it is getting used for generating business predictions.
Here is a summary of the basic and important skills needed to get good salary job in Data Science:
Strong knowledge of Programming Languages
Machine Learning Tools
Supporting technologies and SQL
Math and Statistics
Communication skill
Problem-solving skill Business knowledge
1. Education
A Data Scientist’s job needs lots of skills and for this, at least a bachelor’s degree in IT, computer science or in statistic field is considered. According to the reports, 80% of Data Scientists have at least a Master’s degree, and the rest of them have a Ph.D.
Data science study is mostly related to computer science, mathematics, statistics, and engineering.
2. Programming
Knowledge of one or more programming languages is a must if you want to become a Data Scientist. Data scientists are working on raw data, analysis, cleaning, modeling and for this, a programming language is necessary. Mostly they are preferring python as it is saving time and having simple syntax.
3. Artificial Intelligence & Machine Learning
If you want to become a Data scientist, you must have the knowledge of machine learning and artificial intelligence. If you look into Data Scientist salary, who have knowledge on supervised and unsupervised machine learning, neural networks, decision trees, logistic regression, natural language processing, time series, outlier detection, computer vision, recommendation engines, survival analysis, reinforcement learning, adversarial learning, etc. are definitely getting more salary than those who are not familiar with all these concepts.
4. Supporting Technologies
Along with Machine Learning, AI and python you should have knowledge of other technologies like Hadoop, SQL basics, Apache servers, etc. these concepts are not compulsory but will definitely help you in getting a better job with a good salary.
5. Non-IT Skills
Along with a strong hold in technologies and programming languages, companies also expect non-technical business skills. Having the best communication skills, business knowledge, analytical skills is better.
Career Growth in Data Science
There is a number of companies offering Data Scientist job and demand for this is increasing day by day. Nowadays everyone performing daily activities online and because of this amount of data is produced every day.
Popular companies with Data Scientist Salaries
Oracle
Oracle is a very popular software-based Company particularly selling its own brands of database management systems.
Average Salary in India: 24, 50,000
Salary Range: 15, 00,540 – 25, 90,509
MiQ
MiQ is a Marketing Intelligence Company that unlocks the data value with the help of Artificial Intelligence technology.
Average Salary in India: 16, 53,100
Salary Range: 14, 00,547 – 22, 40,034
FICO
FICO is based in San Jose and it is a Data Analytics Company, provides services that help businesses to automate and improve for better performance.
Average Salary in India: 13, 80,400
Salary Range: 10, 00,500 – 14, 56,414
Cognizant
It is a professional IT services company, deals in Customer Relationship Management and supply chain management.
Average Salary in India: 9, 58,640
Salary Range: 5, 10,012 – 15, 10,040
Infosys
Infosys is a multinational front-runner in information technology and business consulting.
Average Salary in India: 9, 10,106
Salary Range: 3, 57,449 – 11, 83,995
Wipro
It is a multinational software consulting and system Integration Company located in top cities
Average Salary in India: 8, 50,000
Salary Range: 4, 54,336 – 14, 58,714
Nielsen
It is a global performance management company, which provides businesses complete marketing information.
Average Salary in India: 7, 35,140
Salary Range: 6, 17,079 – 12, 54,740
Data science continues to grow as one of the most promising and demanding careers for skilled professionals. According to one of the reports in India, the average salary for a Data Scientist is Eleven Lakhs.
Data Science has grabbed good attention from businesses for the last 2 to 3 years as they need massive data for predictions and to make exact decisions with the help of it. Nowadays, the role of data scientists is becoming more important in companies, as it is very important to make future predictions and stay ahead in business competition. NearLearn offers Data Science training in Bangalore with affordable prices and they conduct classroom as well as online batches on weekdays and weekends. To know more about our courses, contact us.