Dear readers, I have been observing that data science aspirants have big question about data scientist or data analyst salary. They try to search on google for the same and refer multiple sources to get the information. In some of the website the information is correct but in most of the websites and education portal companies have creating a big bubble in the market to attract the student to get the admission.
In this blog I would like to give the insights of the salary part for data science vertical. First, I would like to tell you the fact that company check the quality of the student on the basis of practical knowledge and capstone projects. And knowledge that candidates have should fulfill their requirement as per their current project.
#1: Get Expertise in Data science with Mastery
Its something like “JACK OF EVERYTHING MASTER OF NONE”. Such candidates have to struggle more to get appropriate job but as Data science is new filed and has less working people in it so candidates get jobs early. Company takes care of such candidates with their internal training as per project standards.
Lets come to the main discussion about salary part. As per data science training institutes which are growing like mushrooms in Bangluru claiming the starting package will start from 10 Lakh to 25 lack at fresher level. You should understand first, companies will not invest up to 20 lakh rupees on freshers but flashy advertisements on various social media with continuous hammering on people started believing the lie.
#2: Data science companies and their salaries
The average package of fresher candidates in India are bellow. Bellow research is being done by Glassdoor with their website user experience. Even if we say someone is fresher with starting package of 10 Lakh rupees, it means candidate has domain experience. The domain experience means the work experience that candidates own before studying Data science.
- Data Scientist: Mu Sigma -₹ 6,04,843/yr
- Data Scientist : IBM -₹ 11,93,282/yr
- Data Scientist : Tata Consultancy Services - ₹ 6,44,807/yr
- Data Scientist : Cognizant Technology Solutions - ₹ 10,88,718/yr
- Data Scientist : Accenture - ₹ 10,64,189/yr
- Data Scientist : Impact Analytics - ₹ 6,35,083/yr
- Data Scientist : Fractal - ₹ 14,33,125/yr
- Data Scientist : Infosys - ₹ 8,17,276/yr
- Data Scientist : Wipro - ₹ 9,07,072/yr
- Data Scientist : Capgemini - ₹ 9,22,198/yr
- Data Scientist : Flutura - ₹ 7,19,094/yr
- Data Scientist : Ericsson-Worldwide - ₹ 14,71,718/yr
- Data Scientist : UnitedHealth Group - ₹ 12,88,781/yr
- Data Scientist : Innoplexus - ₹ 11,76,599/yr
- Data Scientist : Microsoft - ₹ 16,88,611/yr
- Data Scientist : Cyient - ₹ 9,89,650/yr
- Data Scientist : ZS Associates - ₹ 11,40,385/yr
- Data Scientist : Tech Mahindra - ₹ 10,50,417/yr
- Data Scientist : Delhivery - ₹ 12,88,781/yr
#3: Jobs in data science sector
The data science field has various job designation with different work like bellow
- Data Analyst
- Data Scientist
- Data Engineer
- Product Analyst
- Machine Learning Engineer
- Decision Scientist
- business analyst
- data science machine learning engineer
- machine learning consultant
- artificial intelligence engineer
- machine learning architect
- web and social media analyst
Every data science profile has different salary structure and accordingly they deliver the packages. It does not mean above packages are validated as above are the average salaries; not the actual salaries.
I have been in to data science education and placement activities since 1 year and observed that any average company provides minimum package of 6 Lakh rupees. If the candidates have great potential, knowledge, data science coding skills, presentation skills, domain experience of around 1 to 3 years get average package of 9 Lakhs.
#4: Education market in Data Science 2020
Various institutes and startup companies are offering online trainings with XYZ universities or IIT with post-graduation or flashy certification online. Students enroll for online and started learning but I have found that students are getting confused and not getting their queries solved on time and getting messy. They are no more comfortable with online portals anymore.
For such issues, training institutes must find some solution for betterment of student career. I would recommend online plus classroom training program. Where student can learn the Data science concept in classes and can view the same recorded class on smart learning portal with various assignments and quizzes. This will help the students to grown in their filed.
#5: No Coding jobs for data scientist profile
Most of the candidates are not comfortable in coding part even after the data science training with known training institutes. For such candidate, they should try for Power BI or Tableau data analyst opportunities. Even with zero coding knowledge they can earn up to 6 lakh rupees per annum as very less candidates available for competition.
In encapsulation, student should opt classroom plus online education for better understanding with skilled data scientist. Your skills will give you the better job with handsome package not the online training institutes. For more information, you can contact us
Sapalogy Pvt Ltd
www.ai.sapalogy.com
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