Data Scientist salaries, skills required in India for freshers and experienced: Hello viewers, Do you want to develop your career as a Data Scientist? and also looking for Data Scientist Salaries in India? If yes, this is the post for you. From the start till the end, all it says is about Who is a Data Scientist?, Data Scientist Salary, Data Scientist Skills, Data Scientist Job roles and so many questions like these.
This post will answer all your queries regarding Data Scientists and their salaries.
The average base salary of a data scientist is Rs.864,805 per annum.
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Who is a Data Scientist?
Data scientists are big data wranglers, gathering and analyzing large sets of structured and unstructured data. A data scientist’s role combines computer science, statistics, and mathematics. They analyze, process, and model data then interpret the results to create actionable plans for companies and other organizations.
Data scientists are analytical experts who utilize their skills in both technology and social science to find trends and manage data. They use industry knowledge, contextual understanding, skepticism of existing assumptions – to uncover solutions to business challenges.
Data Scientist Salary in India
The latest average salary for a Data Scientist is ranging from a minimum of ₹2,76,000 to a maximum of ₹1 million. And the average base salary of a data scientist is Rs.864,805 per annum.
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What does it take to be a Data Scientist?
There are three general steps to becoming a data scientist: Earn a bachelor’s degree in IT, computer science, math, business, or another related field; Earn a master’s degree in data or related field; Gain experience in the field you intend to work in (ex: healthcare, physics, business).
What does a Data Scientist do?
The ability to transform a sea of data into actionable insights can have a profound impact—from predicting the best new diabetes treatment to identifying and thwarting national security threats. That’s why businesses and government agencies are rushing to hire data science professionals who can help do just that.
By extrapolating and sharing these insights, data scientists help organizations to solve vexing problems. Combining computer science, modeling, statistics, analytics, and math skills—along with sound business sense-data scientists uncover the answers to major questions that help organizations make objective decisions.
Roles and Responsibilities of a Data Scientist
Data scientists work closely with business stakeholders to understand their goals and determine how data can be used to achieve those goals. The design data modeling processes create algorithms and predictive models to extract the data the business needs and help analyze the data and share insights with peers. While each project is different, the process for gathering and analyzing data generally follows the below path:
- Ask the right questions to begin the discovery process
- Acquire data
- Process and clean the data
- Integrate and store data
- Initial data investigation and exploratory data analysis
- Choose one or more potential models and algorithms
- Apply data science techniques, such as machine learning, statistical modeling, and artificial intelligence
- Measure and improve results
- Present final result to stakeholders
- Make adjustments based on feedback
- Repeat the process to solve a new problem
Factors Affecting Data Scientist Salary in India
The salary of a Data Scientist in India depends upon several factors like
- company size.
- Reputation.
- Job Position.
- Location.
- Education Qualifications.
- Experience.
What are the popular skills to become a Data Scientist?
- Statistical analysis and computing.
- Machine Learning.
- Deep Learning.
- Processing large data sets.
- Data Visualization.
- Data Wrangling.
- Mathematics.
- Programming.
Data Scientist Salary in India: Based on Experience
Let’s see how a Data Scientist’s salary in India varies based on experience.
Entry-Level Data Scientist Salary in India
The average entry-level Data Scientist salary in India is ₹571,888/yr.
Mid-Level Data Scientist Salary in India
The average mid-level Data Scientist salary in India is ₹1,431,158/yr.
Experienced Data Scientist Salary in India
The average experienced Data Scientist salary in India is ₹1,845,306/yr.
Data Scientist Salary in India: Based On Location
Average Data Scientist Salary in Bangalore, Karnataka
The average salary for a Data Scientist in Bangalore is ₹1,010,078 per year.
Average Data Scientist Salary in Mumbai, Maharashtra
The average salary for a Data Scientist in Mumbai is ₹821K per year.
The average salary for a Data Scientist in Chennai is ₹813K per year.
Average Data Scientist Salary in Pune, Maharastra
The average salary for a Data Scientist in Pune is ₹780K per year.
Average Data Scientist Salary in Hyderabad, Telangana
The average salary for a Data Scientist in Hyderabad is ₹873K per year.
Data Scientist Salary in India: Based On Company
The top respondents for the job title Data Scientist are from the companies Mu Sigma, Accenture, and Tata Consultancy Services Limited. Reported salaries are highest at Ericsson Inc. where the average pay is ₹1,600,000. Other companies that offer high salaries for this role include Amazon.com Inc and Accenture, earning around ₹1,322,574 and ₹1,311,504, respectively. Mu Sigma pays the lowest at around ₹650,000. Tata Consultancy Services Limited and EY (Ernst & Young) also pay on the lower end of the scale, paying ₹890,567 and ₹1,000,000, respectively.
The Top Employers and their average salary for a Data Scientist are:
| Employer Name | Average Pay Range |
| TATA Consultancy Services Limited | ₹890k/yr |
| Mu Sigma | ₹650k/yr |
| Accenture | ₹1.3m/yr |
| Capgemini |
₹850/yr
|
| Deloitte | ₹700k/yr |
| HCL | ₹1.2m/yr |
| Infosys | ₹650k/yr |
| Cognizant | ₹687k/year |
Conclusion
We hope the above provided information about Data scientist salaries in India is useful to you. Keep visiting our website freshersnow.com regularly to know more knowledgable information.