Data Scientists are skilled professionals who analyze data in order to find appropriate solutions to problems for better decision-making. The average salary of a Data Scientist is INR 10 LPA. Candidates with 1 - 4 years of experience can expect to earn an average of INR 5.96 LPA which gradually increases with experience, updated skills and professional expertise. Some of the top recruiters for Data Scientists are IBM, Google, Meta, Accenture, TCS, Amazon and Microsoft to name a few. The sections below will discuss in detail the average salary of a Data Scientist on the basis of various parameters for your reference. To Become a Data Scientist, candidates must pursue undergraduate or postgraduate degrees in Data Science courses or Computer Science courses from top Data Science Colleges. Admissions to all Data Science colleges are done on the basis of various Engineering Entrance Exams.
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Table of Content
- Average Salary of a Data Scientist
- Salary of a Data Scientist Per Month
- Salary of a Data Scientist: Company Wise
- Salary of a Data Scientist: Designation Wise
- Salary of a Data Scientist: Experience Wise
- Salary of a Data Scientist: City Wise
- Salary of a Data Scientist: Country Wise
- Data Scientist Skills Required
- Top Data Scientists Recruiters
- Salary of a Data Scientist: FAQs
Average Salary of a Data Scientist
According to Glassdoor, the average Salary of a Data Scientist is INR 10 LPA. A number of other factors play an important role in determining the salary of a Data Scientist such as skills, experience, company profile, and location. The starting salary of a Data Scientist is INR 4.96 LPA while the highest salary range is between INR 37 LPA - 50 LPA. Some of the essential skills that play a determinant role in analyzing the salary of a Data Scientist are Data Analysis, Microsoft Excel, and SQL. Out of these, the most coveted skill is R followed by Python which alone promises INR 8.62 LPA.
Data Scientists have a huge scope in both the private as well as public sectors. Companies such as Tata Consultancy Services, Accenture, IBM, Amazon, and Microsoft are among the highest-paying companies in the private sector with salaries ranging from INR 7.27 LPA - 18 LPA.
Salary of a Data Scientist Per Month
- According to Ambitionbox, the average monthly salary of a Data Scientist with relevant years of experience ranges from INR 72,177 - INR 74,038.
- However, with experience and growth in the designation, the salary will also see exponential growth.
Salary of a Data Scientist: Company Wise
India is home to several top IT companies such as Google, Microsoft, Deloitte and Citrix that hire fresh Data Science graduates as well as experienced professionals across various job profiles and designations. Tabulated below are some of the top companies along with their average salary packages for Data Scinetists for your reference.
| Name of the Company | Average Annual Salary (INR) |
|---|---|
| Tata Consultancy Services | 7.87 L |
| IBM | 11.98 L |
| Accenture | 10.50 L |
| Cognizant Technology Solutions | 7.90 L |
| Fractal | 17.06 L |
| Amazon | 15.47 L |
| Capgemini | 9.01 L |
| Wipro | 8.17 L |
| Microsoft | 17.18 L |
| 16.01 L |
Salary of a Data Scientist: Designation Wise
There are various bifurcations in the job profile of Data Scientists with each performing different roles. Tabulated below is the salary of a Data Scientist based on their designation for your reference.
| Designation | Average Annual Salary (INR) |
|---|---|
| Data Analyst | 4.72 L |
| Data Solutions Analyst | 11.51 L |
| Business Analyst | 6.00 L |
| Statistical Analyst | 6.02 L |
| Data Architect | 16.20 L |
| Business Intelligence Manager | 17.00 L |
| Data Scientist | 9.44 L |
| Data Administrator | 7.96 L |
Salary of a Data Scientist: Experience Wise
Experience plays a major role in determining the salary of a Data Scientist. Fresh graduates can expect a starting salary of INR 4 LPA - 6 LPA while candidates with 5 - 9 years of experience can expect a salary of INR 6 LPA - 8 LPA. Also as discussed above the highest salary of a Data Scientist in India can up to as much as INR 50 LPA and in certain cases even more.
Tabulated below is the salary of a Data Scientist based on their experience.
| Experience | Average Annual Salary (INR) |
|---|---|
| 0 - 2 years | 5.81 L |
| 2 - 5 years | 8.22 L |
| 5 - 10 Years | 14.69 L |
| 10 - 15 years | 19.34 L |
| 15 Years & above | 25.61 L |
Salary of a Data Scientist: City Wise
The location also plays a vital role in determining the salary of a Data Scientist. Since Bangalore is considered to be a hub for IT companies it is also one of the highest-paying cities for Data Scientists followed by Gurugram, Mumbai, and New Delhi.
Tabulated below is the salary of a Data Scientist across various cities.
| Name of the City | Average Annual Salary (INR) |
|---|---|
| Bangalore | 10.11 L |
| Mumbai | 8.38 L |
| Pune | 8.05 L |
| Chennai | 8.32 L |
| Hyderabad | 8.79 L |
| Gurugram | 10.26 l |
| New Delhi | 9.24 L |
| Kolkata | 8.35 L |
Salary of a Data Scientist: Country Wise
With the growth in the demand for Data Science and its associated subjects, there has been a surge in demand for Data Scientists globally. Some of the top countries that offer high-pay packages to Data Scientists are tabulated below for your reference.
| Country | Average Annual Salary (INR) |
|---|---|
| USA | 1 Cr |
| UK | 50.90 L |
| Australia | 61.14 L |
| Canada | 57.47 L |
| Japan | 39.24 L |
| China | 44.81 L |
| Russia | 67.28 L |
Skills Required to Become a Data Scientist
For Data Scientists, skills play a very important role in determining the salary. Knowledge of Big Data along with data science increases the chance to get a hike by 26% as compared to other skills. Tabulated below are some of the top technical as well as soft skills which are crucial for the effective performance of Data Scientists for your knowledge.
| Knowledge of Machine Learning | Advanced knowledge of programming languages such as python, SQL, SAS, R | Data Analysis |
| Experience in Data Wrangling, Data Cleaning, Data Mining | In-depth knowledge of Data Modeling | Natural Language Processing |
| Data Visualization | Hypothesis Testing | Good understanding of Database |
Top Data Scientists Recruiters
As discussed above, Data Scientists are not just recruited in IT, but have wide scopes across various sectors and domains. Some of the top recruiters of Data Scientists are tabulated below for your reference who hire fresh as well as experienced candidates.
| Tata Consultancy Services | Ernst & Young | Accenture |
| Amazon | HSBC | Genpact |
| Capgemini | Mckinsey and Company | Impetus |
Salary of a Data Scientist: FAQs
Ques. What is the average salary of a Data Scientist?
Ans. According to Glassdoor, the average salary of a Data Scientist is INR 10 LPA
Ques. What is the monthly salary of a Data Scientist?
Ans. The average monthly salary of a Data Scientist is INR 68,000 - 89,578.
Ques. Is data science a high-paying job?
Ans. Data Science is one of the highest-paid careers globally as Data Scientists earn an average of INR 9.50 LPA.
Ques. Is Data Scientist a stressful job?
Ans. Yes, it is one of the challenging professions. Candidates must make an informed choice when choosing data analytics as a career.
Ques. Is Data Scientist a safe career option?
Ans. Yes, it is a very safe career option with tremendous opportunities and a high salary package.
Ques. Is data science an IT job?
Ans. Yes, it is one of the IT-enabled jobs which are responsible for collecting and securing data for the company for the purpose of analyzing.
Ques. How do I know I am fit for data science?
Ans. If candidates have the required technical skills and knowledge and have strong knowledge of mathematics and statistics, then it is an ideal choice for the candidate.
Ques. Do Data Scientists work 9 to 5?
Ans. Yes, usually, but it is also dependent on the company in which they are employed and the requirements of the company.
Ques. Do I need a high IQ to be a Data Scientist?
Ans. No, not as such, candidates are just required to possess advanced degrees and skills to become Data Scientists.
Ques. Is Python enough to become a Data Scientist?
Ans. Python is an advanced skill that the candidate must possess but the candidate is also required to complete relevant courses in order to be a Data Scientist.
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