Data Scientist Salary in India (2022) – For Freshers & Experienced (2022)

Introduction

Data science is a field that combines domain knowledge, programming abilities, and mathematics and statistics knowledge to extract useful insights from data. Machine learning algorithms are used to number, text, photos, video, audio, and other data to create artificial intelligence (AI) systems that can execute jobs that would normally need human intelligence. As a result, these systems produce insights that analysts and business users may employ to create meaningful commercial value.

Capturing data, occasionally extracting it, and entering it into the system is the first stage of the data science pipeline workflow. Data warehousing, data cleansing, data processing, data staging, and data architecture are all included in the maintenance stage.

Following that, data processing is one of the cornerstones of data science. Data scientists are distinguished from data engineers throughout the investigation and processing of data. The procedures that create useful data include data mining, data categorization and clustering, data modeling, and summarising insights obtained from the data.

The next stage is data analysis, which is equally important. Data scientists work here on exploratory and confirmatory work, regression, predictive analysis, qualitative analysis, and text mining, among other things. When done correctly, there is no such thing as cookie-cutter data science at this stage.

The data scientist shares insights during the last stage. Data visualization, data reporting, the use of various business intelligence tools, and supporting organizations, policymakers, and others in making better decisions are all part of this.

Data Scientist Salary in India (2022) – For Freshers & Experienced (1)

In this article, we will be covering what a data scientist is and their roles and responsibilities. We will furthermore discuss what are the reasons to become data scientists, the skills required for becoming a data scientist, their salary in India and abroad, what are the factors that determine their salary, what are the top companies hiring data scientists, and the challenges to overcome in a data science career and some of the FAQs asked by the people.

Table Of Contents

show

  • Introduction
  • Who is a Data Scientist and What do they do?
  • Data Scientist Salary in India
  • Skills Required for a Data Scientist
  • Data Scientists Job Roles and Responsibilities
  • Key Reasons to Become a Data Scientist
  • Data Scientist Salary Deciding Factors
  • Top Companies Who Hire Data Scientist
  • Data Scientist Salary in Other Countries
  • Challenges to Overcome in Data Science Career
  • Summary
  • FAQs
  • Additional Resources

Who is a Data Scientist and What do they do?

Data scientists acquire and analyse enormous sets of organised and unstructured data. A data scientist’s job entails a mix of computer science, statistics, and mathematics. They interpret the outcomes of data analysis, processing, and modelling to generate actionable plans for businesses and other organisations.

Data scientists are analytic professionals that use their knowledge of technology and social science to identify patterns and handle data. They identify solutions to corporate difficulties by combining industry knowledge, contextual insight, and scepticism of established assumptions.

As a result, data scientists are a mix of computer scientists, mathematicians, and trend analysts. Data scientist salaries in India are among the highest due to great demand.

A data scientist’s job entails deciphering complex, unstructured data from sources like smart devices, social media feeds, and emails that don’t fit neatly into a database.

Data Scientist Salary in India

The average salary for a data scientist is Rs.698,412 per year. With less than a year of experience, an entry-level data scientist can make approximately 500,000 per year. Data scientists with 1 to 4 years of experience may expect to earn about 610,811 per year.

Data Scientist Salary in India (2022) – For Freshers & Experienced (2)
Data Scientist Salary in India (2022) – For Freshers & Experienced (3)
Data Scientist Salary in India (2022) – For Freshers & Experienced (4)

Skills Required for a Data Scientist

  • Algorithms, statistics, mathematics, and machine learning knowledge are all important.
  • R, Python, SQL, SAS, and Hive are examples of programming languages that are required to be known by a Data Scientist.
  • Communication skills are required in order to properly communicate the results to the rest of the team.

Data Scientists Job Roles and Responsibilities

Data Scientists Job Roles

Data scientists work closely with business stakeholders to learn about their objectives and how data may help them achieve goals. They create algorithms and predictive models to extract the data that the business needs, as well as help evaluate the data and share findings with peers. Along with R, Python has demonstrated its ability to sort data according to both generic and specialized needs. Python data science programmers in India make higher than both software developers and DevOps programmers. The reason for this is that data gathering, data cleansing, and data processing are becoming increasingly popular in today’s world, as businesses require data to obtain market and customer data.

Data Scientists Responsibilities

  • Taking massive amounts of structured and unstructured data and turning it into useful information.
  • Identifying the data-analytics solutions that have the most potential to propel businesses forward.
  • Using data analysis tools such as text analytics, machine learning, and deep learning to uncover hidden patterns and trends.
  • Data cleansing and validation to improve data accuracy and efficacy.
  • Data visualization is used to communicate all of the positive observations and discoveries to the company’s stakeholders.

Key Reasons to Become a Data Scientist

1. Growing Demand

(Video) Ride the salary wave before its over | Salary of data scientist in India | Salary of Data Analyst

One of the most in-demand jobs for 2021 is data science. Data science and analytics are expected to employ more than 11 million people by 2026. India is the second-largest source of data scientist jobs after the United States. One of the main reasons for the high salaries of data scientists in India is the high demand.

2. High-paying jobs with a wide range of responsibilities

Not only is there a high demand for data scientists, but the types of jobs available are also plentiful. The demand for data scientists is rapidly increasing, and there is a substantial supply shortage. Due to a shortage of essential skill sets, there are a large number of vacant job openings all around the world. Because of the severe scarcity of talent, this is an excellent time to enter this sector.

3. Changing working environments

The future workplace is being shaped by data science. More and more routine and manual chores are being mechanized thanks to artificial intelligence and robotics. As people take on more critical thinking and problem-solving roles, data science technologies have made it easier to educate robots to perform repetitive jobs.

4. Increasing product quality

Machine learning and Artificial Intelligence has allowed businesses to personalize their offers and improve client experiences. They are thriving in every industry, from information technology to health care, and from e-commerce to marketing and retail. Because data is a company’s most valuable asset, Data Scientists play a critical role as trusted advisers and strategic partners to management. They look for relevant information in the data that might help them improve their specialty, determine their desired target audience, and plan future marketing and growth initiatives.

5. Contributing to the greater good

The healthcare industry has been transformed by predictive analytics and machine learning. Early diagnosis of cancers, organ defects, and other diseases is possible because of data science.

6. Evolving Field

Because of the growing demand for data all around the world, data science is rapidly evolving. Data scientists have a wide range of skills that may help firms make better strategic decisions by leveraging data and information. They have great possibilities to engage with data and experiment to find the best solutions for organisations. Big Data, Artificial Intelligence (AI), Machine Learning (ML), as well as some newer technologies like Blockchain, Edge Computing, Serverless Computing, Digital Twins, and others that employ various practises and techniques within the Data Science industry, are just a few of the new exciting fields that are emerging within this field.

7. Interesting Job role

Human behaviour is the primary focus of data scientists. As a data scientist, you’ll largely be working on how humans operate, from designing a chatbot to evaluating user experience online. As a result, you’ll be directly participating in one of the century’s most important endeavours.

8. Extensive job experience

You can experiment with a wide range of fields as a data scientist. You’ll be able to work on a variety of geeky projects, ranging from ecommerce enterprises to startups to production companies to renewable energies to traffic optimization. As a result, you’ll have a lot of “horizontal mobility” in the field.

Data Scientist Salary Deciding Factors

Based on Experience

Let’s look at how the salary of a Data Scientist in India differs based on experience.

Data Scientist Salary in India (2022) – For Freshers & Experienced (5)

Because of the strong association between years of work experience and higher-paying salaries, a career in data is particularly appealing to young IT workers. We’ll look at how data scientist salaries rise with experience in this section. In the future, salaries in the field of data may look something like this:

In India, the average entry-level data scientist income is 511,468 rupees per annum for a recent graduate.

Data Scientist Salary in India (2022) – For Freshers & Experienced (6)

A data scientist in their early career with 1-4 years of experience earns an average of Rs.773,442 per year.

Data Scientist Salary in India (2022) – For Freshers & Experienced (7)

Employees with 5 to 9 years of experience can expect to earn between INR 12 and 14 lakhs per annum. The average mid-level data scientist income, according to payscale, is Rs1,367,306 per annum

(Video) My Salary As A Data Scientist From Starting Of My Career

Data Scientist Salary in India (2022) – For Freshers & Experienced (8)

Source

A highly experienced employee with decades of expertise or who has held management positions might expect to earn anywhere from INR 24 lakhs per annum to a healthy crore!

With a transition/promotion from the role assigned to them to a higher one, a data analyst’s income improves by 50%.

Based on Location

Mumbai has the most job prospects and the highest yearly data scientist salaries in India for data innovators, followed by Bangalore and New Delhi. However, because Bangalore is India’s startup capital, it boasts the most startup job opportunities. Because Bangalore is considered the centre of India’s tech industry, a data scientist’s compensation is likely to be higher than in other locations.

According to Payscale, a data scientist’s income in India varies depending on where they work:

Mumbai Rs.788,789 per annum
Chennai Rs.794,403 per annum
Bangalore Rs.984,488 per annum
Hyderabad Rs.795,023 per annum
Pune Rs.725,146 per annum
Kolkata Rs. 402,978 per annum

Source: Payscale

Bangalore, Chennai, and Hyderabad are three of the highest paying cities for data scientists in India.

Based on Employer

Without a doubt, prominent organisations are at the top of the list of the highest-paying data positions. They also have a reputation for raising salaries by 15% per year. Top firms pay data scientists in the following ways:

IBM Corp INR 1,468,040 per annum
Accenture INR 1,986,586 per annum
JP Morgan Chase and Co INR 997,500 per annum
American Express INR 1,350,000 per annum
McKinsey and Company INR 1,080,000 per annum
Wipro Technology INR 1,750,000 per annum

Based On Skills

To get a job paying this well, you’ll need to have more than a Master’s degree and be conversant with the languages and tools used to manage data. Here are some additional AIM tidbits:

  • Knowing R is the most crucial and sought-after expertise, followed by Python. Python salary in India is expected to be around 10.2 lakhs INR per annum
  • When a Data Analyst has knowledge of both Big Data and Data Science, their income rises by 26%, compared to when they only have knowledge of one.
  • SAS users are paid in the range of INR 9.1-10.8 lakhs per annum, whereas SPSS professionals are compensated in the range of INR 7.3 lakhs per annum.
  • Machine Learning salaries in India start at roughly 3.5 lakhs INR and can rise to 16 lakhs INR as you advance in the industry. Python is one of the most popular languages for machine learning, and Python developers in India earn some of the best salaries in the world.
  • Artificial Intelligence knowledge can assist to advance your career in general. If you are a beginner in this field, the Artificial Intelligence pay in India is not less than 5-6 lakhs INR.

So now is the time to improve data abilities in order to maximize your earnings!

Top Companies Who Hire Data Scientist

Mu Sigma, Accenture, and Tata Consultancy Services Limited are the top respondents for the job title Data Scientist in India. Amazon.com Inc has the highest reported salaries. Accenture and HCL Technologies Ltd. are two more firms that pay well for this position. Mu Sigma pays the least. Tata Consultancy Services Limited and IBM India Private Limited are likewise on the low end of the range.

Data Scientist Salary in Other Countries

Salaries offered by the top 5 countries are as follows-

United States

The United States of America is at the top of the list of countries that give high salaries to data scientists who are willing to work for them. The average yearly salary for data scientists in the United States is $120,000 per year. The pay is higher than in any other country for data scientists.

Australia

Australia is ranked second in the list of countries that pay data scientists well. This is evidenced by the influx of data scientists from Australia and other countries to the United States. The average salary for a Data Scientist is between AU$75,233 per year- AU$121,578 per year based on one’s experience.

Israel

Nobody could have predicted that Israel would become a major IT centre, with a plethora of career opportunities for both novice and seasoned data scientists. In Tel Aviv, Israel, working data professionals earn roughly $88,000 per year

Canada

You’re in for a treat if you’re seeking data science employment in Canada. Data scientists in Canada make roughly $81,000 per year. The starting wage for a data scientist is $77,870 per year and can rise to $117,750 per year.

(Video) Data Scientist Salary in India – For Freshers & Experienced

Germany

In Germany, people looking for data science employment might earn up to 5,960 euros per month. Working data scientists in Germany earn between 2,740 and 9,470 euros per month.

Challenges to Overcome in Data Science Career

1). Preparation of Data

Before using data for analysis, data scientists spend roughly 80% of their time cleaning and preparing information to improve its quality – that is, to make it accurate and consistent. However, 57 percent of them regard it to be the most difficult aspect of their professions, describing it as time-consuming and monotonous. On a daily basis, they must process terabytes of data across numerous formats, sources, functions, and platforms while keeping a track of their activities to avoid repetition.

Adopting developing AI-enabled data science solutions like Augmented Analytics and Auto feature engineering is one way to address this problem. Data scientists can be more productive by using Augmented Analytics to automate tedious data cleansing and preparation chores.

2) A variety of data sources

More data sources will be needed by data scientists to make meaningful judgments as firms continue to use various sorts of apps and technologies and generate various formats of data. This approach necessitates manual data entry and time-consuming data searching, which results in errors, repetitions, and, ultimately, incorrect conclusions.

To rapidly access information from many sources, organisations require a single platform that is integrated with different data sources.Data in this unified platform can be pooled and regulated effectively and in real-time, allowing data scientists to save a significant amount of time and effort.

3) Data Protection

Cyberattacks are becoming more widespread as firms migrate to cloud data management. This has resulted in two key issues:

  • Confidential information is at risk.
  • As a result of recurrent cyberattacks, regulatory norms have grown, lengthening the data consent and utilisation processes, further aggravating the data scientists’ displeasure.

To protect their data, businesses should use powerful machine learning-enabled security platforms and implement additional security measures. Simultaneously, they must maintain rigorous adherence to data protection regulations in order to prevent time-consuming audits and costly fines.

4) Recognizing the Business Issue

Data scientists must first completely understand the business challenge before undertaking data analysis and developing solutions. Most data scientists take a mechanical approach to this, jumping right into examining data sets without first identifying the business problem and goal.

As a result, before beginning any analysis, data scientists must follow a specific methodology. The workflow should be created after consulting with business stakeholders and include well-defined checklists to aid in problem identification and understanding.

5) Effective Non-Technical Stakeholder Communication

Data scientists must be able to communicate successfully with corporate leaders who may not be aware of the complexity and technical language involved in their work. If the CEO, stakeholder, or client is unable to comprehend their models, their solutions are unlikely to be implemented.

This is a skill that data scientists can develop. They can use concepts like “data storytelling” to provide their communication a more systematic approach and a compelling narrative to their analyses and visuals.

6) Metrics and KPIs That Aren’t Defined

Management teams’ lack of awareness of data science leads to unrealistic expectations of data scientists, which has an impact on their performance. Data scientists are supposed to come up with a magic bullet that will solve all of the company’s problems. This is quite ineffective.

As a result, every company should have:

(Video) What is Data scientists Salary in India and US|data scientist career|what data scientists do.

Data scientists must use well-defined metrics to assess the accuracy of their analyses.

Appropriate business KPIs to assess the impact of the analysis on the business.

Summary

Despite the difficulties, data scientists are the most sought-after experts in the industry. With the data world developing at such a rapid rate, being a successful data scientist requires not only technical capabilities but also a thorough understanding of business requirements, collaboration with various stakeholders, and persuasion of business executives to act on the information offered.

FAQs

1. Do I need a degree to become a Data Scientist?

There are no degrees that will qualify you as a trustworthy data scientist.

There are no prerequisites for becoming a credible data scientist, but neither are there any prerequisites for becoming a credible data scientist.

Unlike several other occupational titles, “data scientist” is not a protected title. Medical doctors, nurses, and lawyers, for example, have stringent requirements. Data science, however, does not.

Data science has a wide range of applications and is fundamentally interdisciplinary. As a result, education is still relevant. Data scientists come from a variety of educational backgrounds.

Computer related fields and Statistics are the two most generally advised degrees if you wish to pursue data science as a career. However, all STEM degrees are useful. Obtain a bachelor’s degree in information technology, computer science, mathematics, physics, or a related discipline; Obtain a master’s degree in data science or a closely related discipline; Obtain experience in the field in which you wish to work (ex: healthcare, physics, business).

2. How much money can you make in data science?

The average data scientist salary in India is Rs. 698,412. With less than a year of experience, an entry-level data scientist can make approximately Rs. 500,000 per year. Data scientists with 1 to 4 years of experience may expect to earn about Rs. 610,811 per year. In India, a mid-level data scientist with 5 to 9 years of experience earns Rs.1,004,082. Senior-level data scientists in India earn roughly 1,700,000 per year as their expertise and talents increase.

3. Are Data scientists highest paying jobs?

One of the highest-paying careers is data science. Data Scientists earn an average of Rs.116,100 a year, according to Glassdoor. As a result, Data Science is a very lucrative career choice.

In 2020, there are expected to be 2.7 million open positions in data analysis, data science, and related fields (source: IBM). Employer demand for both data scientists and data engineers is expected to climb by 39% by 2020.

4. Is Data Scientists a good career?

Data Scientists is A “Lucrative Career”.

In recent years, the input of data has increased at an exponential rate. As massive amounts of data began to flow into data centres, numerous new opportunities arose, particularly in data science. Digital transformation was the only option due to technological advancements in the data landscape. As more businesses embrace digitisation, they are looking for employees to fill data science and related positions. Data science professionals are in high demand all across the world. These job prospects are likely to increase significantly beyond 2021, with more than 1.5 lakh additional jobs being created. Glassdoor has ranked data science as the number one job in the United States for the past four years, hence it is a good career option.

5. Can I become a data scientist with no experience?

Data science is a booming area, and many people may be considering a career change due to lucrative work opportunities. You must, however, be able to explain your professional change. You may become a data scientist without any prior experience if you keep these things in mind.

To become a data scientist, follow these three steps: Obtain a bachelor’s degree in information technology, computer science, mathematics, physics, or a related discipline; Obtain a master’s degree in data science or a closely related discipline; Obtain experience in the field in which you wish to work (ex: healthcare, physics, business).

6. Can I become data scientists without a Masters?

While some schools are offering or developing Masters Programs with this title, the majority of Data Scientists today do not hold such a degree. There are numerous options for doing so, both with and without an advanced degree programme. Many people are performing excellent “Data Science” work under different names.

7. Can I learn data science without Programming?

One of the most difficult and popular disciplines of computer science is data science. Before learning Python, you’ll need to understand some basic data science ideas, after which you’ll be able to solve a variety of real-world problems without writing a single line of code!

While programming is undoubtedly a necessary ability for a data scientist profession, this does not imply that you must be an avid programmer to pursue a career in data science. Being a good coder is a highly desirable but not required talent for a data scientist.

8. Data Scientist Salary in US?

The United States of America is at the top of the list of countries that give high salaries to data scientists who are willing to work for them. The average yearly salary for data scientists in the United States is $120,000 per year. The pay is higher than in any other country for data scientists.

Aspire to become a Data Scientist? Scaler (By InterviewBit) is helping thousands of students like you to achieve this goal of gaining industry-relevant skills by teaching 45+ tools, providing hands-on experience of working on 80+ case studies & projects from top companies along with 1:1 mentorship. Click here to attend FREE class!

(Video) Amazon Data Scientist Interview Process| Amazon Recruitment 2022 | Explained in Hindi

Additional Resources

  • Google Data Scientist Salary
  • Spotify Data Scientist Salary
  • Data Science Projects
  • Data Science Books
  • Data Scientist Skills
  • Data Science Vs Machine Learning
  • Data Science vs Data Analytics
  • Data Analyst Salary
  • Learn Python
  • Highest Paid Jobs

FAQs

What is the salary of experienced data scientist? ›

Data Scientist salary in India ranges between ₹ 4.5 Lakhs to ₹ 25.9 Lakhs with an average annual salary of ₹ 10.5 Lakhs. Salary estimates are based on 18.6k salaries received from Data Scientists.

Is data science a good career in 2022? ›

Data Science Career is the hottest and most demanded topic in the market among the youth in 2022. Data science includes advanced analytics techniques and scientific principles to extract valuable information from data for business decision-making, strategic planning, and other uses.

Which company pays highest salary for data scientist fresher? ›

  • IBM.
  • Deloitte.
  • Accenture.
  • 8. [ 24]7.ai.
  • LinkedIn.
  • Citrix.
  • Fractal Analytics.
  • Two Roads Tech.

Will data scientist salary increase in future? ›

35.2% The median salary for data science professionals has seen significant growth in 2022. This growth is largely led by the increasing demand for data science experts by various industries to unlock the potential of available data with them.

Which IT field has highest salary? ›

Data Scientist - $150,000.
  • Full-Stack Developer. ...
  • Cloud Architect. ...
  • DevOps Engineer. ...
  • Blockchain Engineer. ...
  • Software Architect. ...
  • Big Data Engineer. ...
  • Internet of Things (IoT) Solutions Architect. ...
  • Data Scientist. Data science is, without a doubt, the highest-paying job and a great career in technology.
22 Sept 2022

Is data scientist a stressful job? ›

Several data professionals have defined data analytics as a stressful career. So, if you are someone planning on taking up data analytics and science as a career, it is high time that you rethink and make an informed decision.

Is data scientist an IT job? ›

Data Scientist is an IT enabled job

Like most IT jobs focus on helping their organization using a particular technology, Data Scientists focus on helping their organization use Data. They are experts in handling large amounts of data and are responsible for deriving business value.

Is data science a high paying job? ›

One of the highest-paying careers in data science. Data Scientists earn an average of Rs. 116,100 a year, according to Glassdoor. As a result, Data Science is a very lucrative career choice.

Are data scientists happy? ›

Data scientists are about average in terms of happiness. At CareerExplorer, we conduct an ongoing survey with millions of people and ask them how satisfied they are with their careers. As it turns out, data scientists rate their career happiness 3.3 out of 5 stars which puts them in the top 43% of careers.

Which field is best in data science? ›

Below are the top 12 career paths for Data Scientists.
  • Machine Learning Scientist. ...
  • Data Engineer. ...
  • Data Architect. ...
  • Enterprise Architect. ...
  • Infrastructure Architect. ...
  • Business Intelligence Developer. ...
  • Statistician. ...
  • Data Analyst.
1 Jun 2021

What is the monthly income of a data scientist? ›

An entry-level data scientist can earn around ₹500,000 per annum with less than one year of experience. Early level data scientists with 1 to 4 years experience get around ₹610,811 per annum. A mid-level data scientist with 5 to 9 years experience earns ₹1,004,082 per annum in India.

Can freshers get job in data science? ›

Data science communities can be a good stepping stone for freshers. You can discover new ideas, showcase your projects, learn from experts, and even find new job opportunities.

How many hours do data scientists work in India? ›

Full-Time Data Scientist

Full-time data scientists usually work the standard 40-hour Monday through Friday workweek. Most data scientists have "a good amount of autonomy" in their work, but too much independence may be detrimental to maintaining work/life balance for some employees.

Which stream is best for data scientist? ›

Answer. In order to become data scientist Students are expected to complete the 10 + 2 successfully by obtaining at least 50 per cent marks from any recognised board of India in the science stream consisting of physics, chemistry, and mathematics, computer science as compulsory subjects.

Can data scientists earn in crores? ›

Data science professionals with 3-10 years of experience get annual salaries in the ₹25-65 lakh range, while those with more experience can command pay packages upwards of ₹1 crore, according to recruitment firm Michael Page's 2021 India Talent Trends report.

Which IT job is best for future? ›

Top 5 Tech Careers Of The Future
  • Machine learning engineer. This specific branch of artificial intelligence is ideal for those who have a passion for computer science and desire a career in a fast-moving and exciting industry. ...
  • UX designer. ...
  • Robotics engineer. ...
  • Data scientist. ...
  • Cloud engineer.

Which IT course is best for future? ›

Here is a list of the best IT certifications courses in 2022 that can help you to jump ahead in those fields:
  • Cloud Computing.
  • Project Management.
  • Business Intelligence.
  • Networking.
  • Software Development.
  • DevOps.
  • Cyber Security.
  • Digital Marketing.
30 Aug 2022

Which IT company is best for freshers? ›

Here are the Best IT Companies in India for Freshers
  • WIPRO. Wipro is India's multinational company that provides Information technology, consulting, and business process services. ...
  • Tata Consultancy Services (TCS) The largest firm with 4 million talents. ...
  • TECH MAHINDRA. ...
  • COGNIZANT. ...
  • INFOSYS. ...
  • HEXAWARE. ...
  • CAPGEMINI.

Do data scientist work from home? ›

The field of data science is no stranger to remote work. In fact, the position of data scientist is considered one of the most remote-friendly jobs.

What is the future of data science? ›

Experts have said that 80% or more of a data scientist's job is getting data ready for analysis. Now, technology providers sell platforms that automate tasks and abstract data into low-code or no-code environments, potentially eliminating much of the work currently done by data scientists.

What is the work/life balance of a data scientist? ›

2- Good Work-Life Balance

Data scientists can expect good work-life balance with office hours ranging somewhere between 8 a.m. to 6 p.m. Monday through Friday. Some companies offer flexible hours and work from home options for data science professionals.

Do data scientists code? ›

In a word, yes. Data Scientists code. That is, most Data Scientists have to know how to code, even if it's not a daily task. As the oft-repeated saying goes, “A Data Scientist is someone who's better at statistics than any Software Engineer, and better at software engineering than any Statistician.”

What is next after data science? ›

After developing your data science skills and gaining years of experience, you can explore different domains like marketing, sales, data quality, finance, business intelligence, etc., and even serve as a consultant with leading data-driven firms.

Does data science require coding? ›

You need to have knowledge of various programming languages, such as Python, Perl, C/C++, SQL, and Java, with Python being the most common coding language required in data science roles.

How can I increase my salary in data science? ›

With that being said, keep on reading below if you would like to learn from examples regarding these four ways to increase your data science income.
  1. Data Science Blogging. Photo by Danielle MacInnes on Unsplash [2]. ...
  2. Freelancing Work. Photo by DocuSign on Unsplash [3]. ...
  3. Promotion and Marketing. ...
  4. Small Book Creation.
15 Jul 2021

Which type of data scientist earns most? ›

Here are high paying data science positions with average salaries over $65,000 per year:
  • Business intelligence developer.
  • Infrastructure engineer.
  • Data scientist.
  • Data modeler.
  • Big data engineer.
  • Data architect.
  • Enterprise architect.
  • Machine learning engineer.

What is the starting salary of data? ›

What are the top paying companies that employ Data Analysts? What is the starting salary for a Data Analyst in India? Average starting Salary for Data Analyst in India is around ₹1.9 Lakhs per year (₹15.8k per month). 1 year of minimum experience is required to be a Data Analyst.

Why do data scientists quit? ›

Turnover is a big problem in the data science and data engineering professions, and it hurts everyone. Data scientists and engineers themselves do not want to be jumping frequently from position to position, as that does not help them build long term skills and expertise and looks bad on their CVs.

Which is better data engineer or data scientist? ›

Simply put, the data scientist can interpret data only after receiving it in an appropriate format. The data engineer's job is to get the data to the data scientist. Thus, as of now, data engineers are more in demand than data scientists because tools cannot perform the tasks of a data engineer.

Is data science a satisfying job? ›

Working as a data scientist can be intellectually challenging, analytically satisfying, and put you at the forefront of new advances in technology. Data scientists have become more common and in demand, as big data continues to be increasingly important to the way organizations make decisions.

Which company pays best to data scientist? ›

  1. 6 Highest Paying Companies for Data Scientists. These are the six top paying companies for data scientists. ...
  2. Airbnb. The company that has disrupted the hotel industry has a penchant for drooling over data. ...
  3. Meta. ...
  4. Apple. ...
  5. Cisco Systems. ...
  6. Oracle. ...
  7. Google.
2 May 2022

Which has more salary AI or data science? ›

According to PayScale, the average data scientist salary is 812, 855 lakhs per annum while artificial intelligence engineer salary is 1,500, 641 lakhs per annum.

Which company hire data scientist in India? ›

Fractal Analytics

It is one of the top companies hiring Data Scientists in India. It has some major noteworthy projects in diverse fields like healthcare, business analytics, and strategy, and decision making.

Can I switch to data science after 10 years of experience? ›

5.3 Becoming a Data Scientist after working for 10 years in the IT Industry. Ah, this is for all of you who have significant experience in IT and are wondering if you can transition into data science. The short answer – of course you can!

Which job is highest salary in India per month? ›

List of Highest Paying Jobs in India
  1. Merchant Navy. Merchant Navy is a very demanding profession and accordingly compensated well on the monetary front. ...
  2. Civil Services. ...
  3. Medical Professionals. ...
  4. IT Professionals. ...
  5. Engineering. ...
  6. Company Accountant. ...
  7. Company Secretary. ...
  8. Management Consultants.

Does Google Hire data scientist? ›

The exact method varies slightly depending on the position, as Google may hire data scientists to be placed in research, product analysis, or other areas. At the start of the process, your recruiter will provide you with information outlining the types of interviews you can expect. Step one is to apply.

How do I get my first job in data science? ›

Instead of hitting the job boards directly, the best way to get an entry-level data science job is to connect with recruiters in recruiting events or job fairs, or on LinkedIn, or through peers or other networking opportunities like conferences or meetups.

Is it hard to find a job as a data scientist? ›

Getting a data science job was hard. After graduating with my data science master's, I really struggled with job searching. The time it took for me to finally receive a job offer was around 8 months. Granted, this was back in 2020, so the lockdowns likely made the situation worse.

Is data science job easy? ›

Data science is a difficult field. There are many reasons for this, but the most important one is that it requires a broad set of skills and knowledge. The core elements of data science are math, statistics, and computer science.

Do data scientist work weekends? ›

Working hours can vary, but usually full-time hours will be Monday to Friday and around 37 hours per week. Some jobs or projects might require you to work longer hours or weekends.

Are data scientist busy? ›

You're going to be busy.

Joining as an early data scientist may mean that you're doing three, sometimes 4 jobs at once - from basic things like sourcing and cleaning data, to setting up frameworks for everyone after you to use.

What is the salary of mtech data science? ›

Data Scientist Salary in India

According to LinkedIn, the average data scientist's salary is ₹8,50,000. A mid-level data scientist can earn around ₹10,00,000 per annum with 5 to 8 years of experience. Early-level data scientists with 1 to 2 years of experience get around ₹6,11,000 per annum.

Can I become a data scientist in 6 months? ›

Altogether, the amount of learning that is required to become a data scientist cannot be done in a mere time period of six months.

Which exam is required for data science? ›

Undergraduate Courses:
CoursesBachelor of Data Science Bachelor of Science (B.Sc) in Data Science Bachelor in Computer Application (BCA) in Data Science Bachelor of Technology (B.Tech) in Data Science
Top Entrance ExamJEE Main/ COMEDK/ BITSAT/ VITEEE
Approximate Fee (INR)6 to 10 Lakhs
2 more rows

Which degree is required for data scientist? ›

Pursue an undergraduate degree in data science or a closely related field. You will need at least a bachelor's degree in data science or computer-related field to get your foot in the door as an entry level data scientist, although most data science careers will require a master's degree open_in_new.

How common is 1cr salary in India? ›

There are not many crorepatis in the country. As per the official data, the number of individuals having income above Rs 1 crore in AY 2021-22 was just 1,31,390. The number of such individuals in the previous year was 1,25,023.

Who earns more data scientist or software engineer? ›

The average yearly salary for data scientists is $120,103 . The average yearly salary for software engineers is $102,234 . Software engineers also receive an average of $4,000 in bonuses each year. Your salary may vary depending on your experience, skills, training, certifications and your employer.

Can a data scientist become a CEO? ›

On following the path of becoming a data scientist, many are keen to know whether they could become a CEO in the long run. Well, with data being the foundation for any business, a data scientist, who holds enough knowledge about it could definitely emerge out as a successful CEO.

Which country pays highest salary to data scientist? ›

Best countries to work as Data Scientist in 2022
  • Bengaluru, India. ...
  • Average Salary: Rs. ...
  • Geneva, Switzerland. ...
  • Average Salary: 180,000 Swiss Fr (Franc) to 200,000 Swiss Fr (Franc) per annum.
  • Berlin, Germany. ...
  • Average Salary: €11,000 to €114,155 per annum.
  • London, United Kingdom. ...
  • Average Salary: £62,771 per annum.
31 May 2022

Are data scientists in demand? ›

Data scientists are becoming increasingly important in business as organizations rely more heavily on data analytics to drive decision-making and lean on automation and machine learning as core components of their IT strategies.”

Who gets paid more data analyst or data scientist? ›

A Data Scientist professional is one of the highest-paid individuals in the industry. A Data Scientist in the United States earns nearly $100,000 per annum compared to Data Analysts who earn $70,000 per annum.

What is a data scientist salary UK? ›

Salaries for junior data scientists tend to start at around £25,000 to £30,000, rising to £40,000 depending on your experience. With a few years' experience you can expect to earn between £40,000 and £60,000. Lead and chief data scientists can earn upwards of £60,000, in some cases reaching more than £100,000.

Do Google hire data scientist? ›

At Google, data scientists may be hired on one of several job ladders. If your talent skews toward the engineering side, you may want to pursue the standard software engineer track and ask for a more analytical role — if it skews towards numbers, you may want to pursue the quantitative analyst track.

Which country needs data scientist? ›

Best Country for Data Science Job
  • United States. Data scientists in the US are paid handsome salaries amounting to USD 165,000 on average per year. ...
  • Switzerland. In Switzerland, data scientists earn an average salary of USD140,000 annually. ...
  • UK. ...
  • Australia. ...
  • Israel. ...
  • China. ...
  • Canada. ...
  • India.
13 Jul 2022

Which company pays highest salary for data scientist in India? ›

Salaries in India
  • Tata Consultancy Services. Data Scientist. ₹7,87,000. ...
  • IBM. Data Scientist. ₹11,78,765. ...
  • Accenture. Data Scientist. ₹10,50,000. ...
  • Mu Sigma. Data Scientist. ₹7,27,390. ...
  • Infosys. Data Scientist. ₹7,95,098. ...
  • Cognizant Technology Solutions. Data Scientist. ₹7,90,143. ...
  • Amazon. Data Scientist. ₹15,31,389. ...
  • 4.0★ Fractal. Data Scientist.

Is data scientist an IT job? ›

Data Scientist is an IT enabled job

Like most IT jobs focus on helping their organization using a particular technology, Data Scientists focus on helping their organization use Data. They are experts in handling large amounts of data and are responsible for deriving business value.

Are data scientists happy? ›

Data scientists are about average in terms of happiness. At CareerExplorer, we conduct an ongoing survey with millions of people and ask them how satisfied they are with their careers. As it turns out, data scientists rate their career happiness 3.3 out of 5 stars which puts them in the top 43% of careers.

Is data science easy to get a job? ›

Getting the first job in data science is not an easy feat. Many people ask me for guidance on getting their first job in data science. There are many IT jobs that have trainee positions where one can get trained on the job. Data science is definitely not one of them.

Which skills are required for data scientist? ›

Technical Skills Required to Become a Data Scientist
  • Statistical analysis and computing.
  • Machine Learning.
  • Deep Learning.
  • Processing large data sets.
  • Data Visualization.
  • Data Wrangling.
  • Mathematics.
  • Programming.
28 Sept 2022

Does data science require coding? ›

Yes! While data science does involve coding, it does not require extensive knowledge of software engineering or advanced programming.

Which degree is best for data analyst? ›

For example, a bachelor's degree in computer science, statistics, or information systems can give you the foundational technical skills you need as a data analyst.

Can data scientists work from home? ›

Data scientists are one of the most popular occupations that can be done from home, and the sector is predicted to increase by 16% by 2028. Data scientists, analysts, and engineers are needed by companies in a variety of industries, including healthcare, communication, and data analytics.

Is it hard to become a data scientist? ›

Yes — you should expect to face challenges on your journey to becoming a data scientist. This role requires fairly advanced programming skills and statistical knowledge, in addition to strong communication skills. Anyone can learn these skills, but you'll need motivation to push yourself through the tough moments.

How much do data scientist earn per hour? ›

The average data scientist salary in the United Kingdom is £54,912 per year or £28.16 per hour. Entry level positions start at £41,577 per year while most experienced workers make up to £77,625 per year.

Videos

1. Data scientist salary in india || High paid Salary in 2022 || Highest paying jobs without a degree
(SciFac)
2. Web Developer VS Data Scientist | Detailed Comparison between Web Development and Data Science
(Coding for All | Newton School)
3. Data Science Salaries for 2022
(Interview Query)
4. Data Scientist Salaries in 2022 (Job Profile Explained!)
(Professor Ryan)
5. What is the salary Of a Data Scientist In India with 2 Yrs of Exp?
(Musings by Amit)
6. Data Analyst Salary in India || தமிழில் || Tamil || TtT-17 || Explained || We & Data
(We & Data)

Top Articles

Latest Posts

Article information

Author: Gov. Deandrea McKenzie

Last Updated: 10/24/2022

Views: 5471

Rating: 4.6 / 5 (66 voted)

Reviews: 89% of readers found this page helpful

Author information

Name: Gov. Deandrea McKenzie

Birthday: 2001-01-17

Address: Suite 769 2454 Marsha Coves, Debbieton, MS 95002

Phone: +813077629322

Job: Real-Estate Executive

Hobby: Archery, Metal detecting, Kitesurfing, Genealogy, Kitesurfing, Calligraphy, Roller skating

Introduction: My name is Gov. Deandrea McKenzie, I am a spotless, clean, glamorous, sparkling, adventurous, nice, brainy person who loves writing and wants to share my knowledge and understanding with you.