Data Science professionals working in India they can make more than Rs 1 crore salary per year

Nowadays people in the IT industry employees are transitioning their careers in data analysis and data science path. The reason behind the transition in career is because of the huge demand for jobs as data analysts and data scientists jobs. The highly attractive factor is salary. Based on the research of India Magazine research says that around 1,400 data science professionals working in India they can make more than Rs 1 crore salary per year. This is the impact factor for most IT employees who are curious to learn about data analyst and data scientist-related jobs.

In the Data Scientist Role, they use data to industry knowledge, contextual understanding, and doubt of existing assumptions – to find solutions to challenging businesses in many industries. At the same time, the tools and technologies used in data areas are created by Data Scientists themselves. Currently, Data Science hasn't lost its glamour and is still the sexiest job of the 21st century.

In this article we share the salary structure in the Indian market, the details are referred from the ambition box and glass door for your better understanding.

Job description: Data scientists make use of their analytical, programming, statistical skills to collect, and analyze, interpret large data sets. They then use to provide their strong technical information to develop data-driven solutions to demanding business challenges.

Median salary: ₹11 LPA

Active job openings on Glassdoor: 10,071

The shortage of data scientists is becoming a serious limitation in some sectors.

Data Scientist job-related Q&A's

What are the top companies paying data scientists?

• Apple Data Scientist Salary - ₹35.6 LPA
• Panasonic Data Scientist Salary - ₹32.0 LPA
• Microsoft Corporation Data Scientist Salary - ₹31.6 LPA
• Adobe Data Scientist Salary - ₹29.0 LPA
• Go-Jek Data Scientist Salary - ₹28.5 LPA

What are the top-paying cities for data scientists in India?

• Bengaluru/Bangalore - ₹12.4 LPA
• Mumbai - ₹11.3 LPA
• Hyderabad - ₹10.6 LPA
• Pune - ₹10.5 LPA
• Chennai - ₹10.2 LPA

What is the starting salary for a data scientist in India?

The average starting Salary for Data scientists in India is around ₹4.4 LPA (₹36.7k per month). No prior experience is required to be a Data Scientist role in India.

Is data science a good career?

Yes, data science is a very domain and a good to start your career with highly demanding opportunities in future technology. Already, the demanding job is very higher for a data scientist, salaries are highly competitive in the IT industry. 

Even Data Scientist has been called and titled “the most promising career” by LinkedIn and the “best job in America” by Glassdoor. 

Are data scientists rich?

A data scientist with a fair amount of experience can make up to US$800K in the US, and nearly 90 lakh rupees per annum in India.

Which is the sexiest job in 2022?

Data Scientist is the Sexiest Job of the 21st Century.

What are the top skills for Data Scientists?

• Python
• Machine Learning
• Data Science
• SQL
• Deep Learning
• R
• Data Analysis
• Artificial Intelligence
• Data Mining
• Computer Science
• Analytics & Statistics
• Natural Language Processing (NLP)

What are the various factors affecting Data Scientist's Salary?

• Experience
• Location
• Skills
• Company