Data Scientist Salary In India (2024)

17 August 2024, 2:02 pm IST

Do you know that jobs like Data Scientists, Data Analyst, and Machine Learning Engineers are among the highest-paying job roles that are based on data science? With competitive salaries that reflect the high value placed on data expertise, pursuing a career in data science is not just a financially rewarding choice but also a pathway to a dynamic and impactful profession. Choosing a career in data science is more than just a smart financial decision; it's an opportunity to be at the forefront of technological innovation and problem-solving

If you are curious to know about the Data Scientist Salary in India and the top recruiters who hire Data Scientists, then your search ends here to get all the apt information for the same.

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What is Data Science?

What is Data Science

Before we begin discussing the Data Scientist salary in India, we think it is important to first talk about what is Data Science and why becoming a Data Scientist is an attractive career option for many. Data Science is the science behind the crazy Artificial Intelligence (AI) systems, and it is the same thing we use for machine learning, predictive analytics, self-driving cars, autonomous systems, the Internet of Things (IoT), and blockchain.

Still not clear? In simpler words, Data Science is a field that uses scientific methods, algorithms, and systems to extract knowledge and insights from structured as well as unstructured data. It is an interdisciplinary field that requires expertise in mathematics, programming, and domain knowledge to analyze and interpret complex data sets.

Why Become a Data Scientist?

Why Become a Data Scientist

Over the past few years, there has been a craze among youngsters to become a Data Scientist. Why is it so? It is because these professionals are in high demand these days in the digital era. Data Scientists are experts in locating, gathering, and assessing large-scale data to direct a company toward successful growth.  These highly qualified professionals are known to combine the finest of IT and business skills and are in demand in various industries like healthcare, IT, transportation, education, retail, e-commerce, and manufacturing. Becoming a Data Scientist in India means moving forth on a lucrative career path and taking home a high salary package.

Who are the Top Recruiters for Data Scientists in India?

Who are the Top Recruiters for Data Scientists in India

Eager to know who are the top recruiters for Data Scientists in India? Well, you must first note that such professionals are not in demand just in the IT industry but across various sectors and domains. Listed below are the companies that hire Data Scientists in India, including freshers and experienced ones:

  1. TCS
  2. IBM
  3. Cognizant
  4. Accenture
  5. Wipro
  6. Capgemini
  7. Amazon
  8. Infosys
  9. Deloitte
  10. Genpact

What is the Data Scientist's Salary in India?

What is the Data Scientist's Salary in India

What drives most people to this profession of Data Scientist is the lucrative salary package behind it. Experience is one of the key factors that determine the Data Scientist's salary in India and such professionals may get job offers with salaries ranging between Rs. 3.8 lakh - 15.9 lakh per annum. The lower end is for freshers with no experience, and the middle range in this salary bracket is for Mid-Level Data Scientists with experience of 2 to 5 years, whereas, the higher end is for the experienced ones with experience of 5 to 10 years.

Which Factors Affect the Salary of a Data Scientist?

Which Factors Affect the Salary of a Data Scientist

There are quite a few factors that may affect the salary a Data Scientist takes home. These factors are described below for your quick understanding:

1. Certification and  Qualification: The prime factor that affects the salary of a Data Scientist is education which basically includes certification and qualifications. People with Data Science certifications from reputed institutes stand a chance to get higher salary packages as Data Scientists.

2. Training and Experience: What plays a major role in deciding the salary of a Data Scientist is his/ her experience and training. One who has several training certificates and wholesome experience in this field will be easily able to grab higher salary packages in any industry.

3. Company Location and Size: Up next, you must note that the size and location of the industry where you apply for the post of a Data Scientist also plays a vital role in deciding the salary of a Data Scientist in India.

4. Industry Type: The type of industry where you are applying for the post of a Data Scientist also plays a deciding factor in your salary. For instance, Data Scientists in healthcare or finance sectors can expect to get higher salary packages as compared to the education or retail sectors.

5. Skillset: It is equally important to note that Data Science is a field that involves a lot of technical knowledge and skillset. One must be skilled enough in data analysis, machine learning, and programming. Proficiency in such skills helps these people demand a higher salary as compared to someone with just basic skills.

What are the Best Data Science Degree Programs?

Why Become a Data Scientist

Now that you are aware of who is a Data Scientist, why become one and what is the salary taken by these professionals, aren’t you excited to know how to become one? For this, you must know about the various Data Scientist programs available at different institutions to help you get going in this field at the right pace. Although with a graduate degree, you still hold the eligibility to fit in the job role of a Data Scientist, it is advisable to pursue specialization and certification in data science, such as an Online Data Science Degree Program from Amity Online University. Let us now explore some of the best courses to become a Data Scientist:

  1. Bachelor of Arts (BA) in Data Science
  2. Master of Computer Applications (MCA)
  3. Post Graduate Diploma in Data Science
  4. Certificate Program in Data Science
  5. Advanced Certification in Data Science
  6. Professional Certificate Program in Data Science
  7. Master of Technology in Data Science and Engineering
  8. Bachelor of Technology (B. Tech) in Data Science
  9. Executive Program in Data Science
  10. PhD in Data Science

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Conclusion

The salary of a data scientist in India reflects the high demand and value of this profession. Specialized roles and advanced positions can command even higher salaries, making data science a lucrative career choice. To capitalize on these opportunities and enhance your career prospects, pursuing an online Data Science Graduate Program from Amity Online University can be a strategic move. By enrolling in an online program from Amity Online University, you gain access to a robust educational platform that can significantly boost your employability and earning potential.

Check Out Our Top Online Degree Programs

UG Programs PG Programs 
BBA (Bachelor of Business Administration)MBA (Master of Business Administration)
BCA (Bachelor of Computer Application)MCA (Master of Computer Application)
Bcom (Bachelor of Commerce)MA (Master of Arts Public, Policy and Governance)
BA (Bachelor Of Arts) Mcom with Financial Management
BAJMC Bachelor Of Arts (Journalism and Mass Communication)MAJMC Master Of Arts (Journalism and Mass Communication)

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Frequently Asked Questions

What is the average salary of a Data Scientist in India?

The average salary of a Data Scientist in India ranges between Rs. 3.8 lakh - 15.9 lakh per annum. This may largely depend on the experience, skills, industry, location, and qualification of the candidate.

How does experience affect a Data Scientist's salary in India?

There is no doubt that experience is one of the main factors impacting the salary of a Data Scientist in India. The salary range increases as you climb the ladder up in terms of experience from being an Entry-Level Data Scientist to a Mid-Level Data Scientist, and a High-Level Data Scientist.

Which cities in India offer the highest salaries for Data Scientists?

Data Scientists in India are generally found getting higher salaries in metropolitan cities such as Bengaluru, Mumbai, Delhi, Hyderabad, and Chennai.

How do education and skills impact the salary of a Data Scientist in India?

The two key factors that impact the salary of a Data Scientist in India are education and skills. The more educated a person with the right degree in the field of Data Science, the better chances to get higher salary packages.

What industries pay the highest salaries to Data Scientists in India?

Data Scientists are paid the highest salaries in India in sectors such as IT, Finance, Banking, Healthcare, and E-Commerce.

Is there a gender pay gap in the salaries of Data Scientists in India?

Yes, there is a gender pay gap in the salaries of Data Scientists in India. It is observed that at several industries, female data scientists earn less than their male counterparts. However, efforts are being made to address this disparity.

How does the salary of a Data Scientist in India compare to similar roles in other countries?

Unfortunately, the salary of a Data Scientist in India is lower as compared to similar roles in other countries. This reflects the difference in the cost of living and economic conditions between different countries.