Average Salary of Data Scientist in India

Data science has experienced explosive growth in India as a sought-after career path.The demand for skilled data scientists has skyrocketed as businesses across industries increasingly rely on data-driven insights.This article gives insights on Data Science Jobs in India,Average Salary of Data Scientist in India,Data Science Job Roles,Average salary of Data Scientist in India for Freshers and finally Highest salary of Data Scientist in India, with possible tables and monthly estimated salary in INR from glassdoor website.let us explore the topics one one by one and come out with a better understanding of the data scientist salary trends in India in general.

Data Science Jobs in India

The field of data science has witnessed a meteoric rise in India, transforming it into a lucrative career path. With the ever-increasing volume of data generated across industries, the demand for skilled data scientists has surged. This article delves into the average salary of data scientists in India, exploring various job roles, experience levels, and factors influencing compensation. 

The demand for Data Scientists in India has skyrocketed in recent years. With businesses across various sectors recognizing the value of data-driven insights, numerous job opportunities have emerged. Let's explore some of the most common Data Science job roles and their estimated monthly salaries based on Glassdoor data:

Average Salary of Data Scientist in India

As of December 2024, the average annual salary for a data scientist in India hovers around ₹32 lakhs (approximately ₹2.7 lakhs per month), according to data from Glassdoor. However, this figure can vary significantly depending on several factors, including:

• Experience: The number of years of experience directly impacts the salary. More experienced data scientists command higher salaries.
• Skills: Proficiency in specific data science tools, programming languages, and techniques can lead to higher compensation.
• Location: Salaries in metropolitan cities like Bengaluru, Mumbai, and Delhi tend to be higher than in other parts of the country.
• Industry: The industry in which a data scientist works can also influence their salary. Industries like finance, healthcare, and technology often offer higher compensation packages.
• Company Size: Larger companies generally offer better compensation packages compared to smaller startups.

Data Science Job Roles

The field of data science encompasses various job roles, each with its own set of responsibilities and salary range. Some of the most common data science job roles in India include: 

• Data Scientist: Data scientists are responsible for collecting, cleaning, analyzing, and interpreting large datasets to extract valuable insights. They often use statistical modeling, machine learning, and data mining techniques.
• Data Analyst: Data analysts focus on collecting, cleaning, and analyzing data to identify trends and patterns. They often use SQL, Python, and R to perform data analysis and visualization.
• Machine Learning Engineer: Machine learning engineers design, develop, and implement machine learning models. They work closely with data scientists to deploy models into production.
• Data Engineer: Data engineers focus on building and maintaining data pipelines and infrastructure. They ensure data is accessible and ready for analysis.
• Business Analyst: Business analysts use data to solve business problems and make data-driven decisions. They often work with data scientists to understand data insights and translate them into actionable recommendations.

Average Salary of Data Scientist in India for Freshers

Freshers entering the field of data science can expect an average annual salary of around ₹6 to ₹14 lakhs (approximately ₹50,000 to ₹1.2 lakhs per month). However, top performers with strong academic backgrounds and relevant internships can secure higher salaries. 

Highest Salary of Data Scientist in India

The highest salary for a data scientist in India can vary significantly, but it's not uncommon for experienced professionals to earn upwards of ₹50 lakhs per year (approximately ₹4.2 lakhs per month). Top-tier companies and unicorn startups often offer lucrative compensation packages to attract top talent.

Average Monthly Salary of Data Scientists in India Based on Experience

Average Monthly Salary of Data Scientists in India Based on Job Role

An MBA, especially from a prestigious institution like Amrita University's AHEAD MBA  program, can significantly enhance the salary potential of data science graduates. By combining technical expertise with strategic business acumen, data science professionals with an MBA can assume leadership roles, drive data-driven decision-making, and command higher salaries. The Amrita AHEAD MBA program, with its focus on industry-relevant skills and practical learning, equips graduates with the necessary tools to excel in the competitive data science landscape and secure lucrative positions in top organizations.

Frequently Asked Questions(FAQs)

1. How much are data scientists paid in India?

Data Scientist salaries in India vary based on experience, skills, location, and the company. However, on average, a Data Scientist in India can earn anywhere between ₹4 lakhs to ₹28 lakhs per annum. 

2. Can Data Scientists earn 50 lakhs in India?

Yes, absolutely. Experienced Data Scientists with strong technical skills and a proven track record can easily earn ₹50 lakhs or more per year, especially in top tech companies and startups.

3. Can a data scientist earn 1 crore?

Yes, it's possible. Highly skilled and experienced Data Scientists in leadership roles or those working for top multinational companies can indeed earn ₹1 crore or more per year.

4. Who earns more, CA or data scientist?

Traditionally, CAs have been well-paid professionals. However, in recent years, the demand for skilled Data Scientists has surged, leading to competitive salaries. In many cases, experienced Data Scientists can earn more than CAs, especially in the tech industry. 

Conclusion

The data science landscape in India is rapidly evolving, offering lucrative career opportunities for skilled professionals. The average salary of data scientists in India is competitive and continues to rise with increasing demand. By specializing in niche areas, gaining relevant experience, and staying updated with the latest trends, data scientists can secure high-paying jobs and contribute to the growth of the Indian economy.This  Amrita AHEAD article has included various topics for which necessary explanation were given with respect to Data Science Jobs in India,Average Salary of Data Scientist in India,Data Science Job Roles,Average salary of Data Scientist in India for Freshers and Highest salary of Data Scientist in India which  would be refereed before getting yourself employed as  a Data Scientist.

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