Data scientist salary in india

By India Today Web Desk: The 21st century will be ruled by data. Data Science has become an indispensable part of many businesses and industries. It provides valuable insights into customer behaviour that can lead to increased conversions, more detailed market analysis for competitive advantage in pricing strategies or product development, improved operational efficiency, and minimised risk exposure through accurate forecasting models. Data Science has critical applications across most industries. Organisations, big and small, need Data Science to make decisions, analyse market trends, minimise losses and maximise profits. Data-driven insights can not only radically transform businesses but also help target new markets, address customer pain points, boost revenue and much more. As such, an ever-increasing number of businesses are focussing on capturing, interpreting, and being informed by data. High salary growth in DS and ML As organisations are turning towards Machine Learning, Big Data, and Artificial Intelligence, the demand for data science roles is seeing a sustained and accelerating upward surge. Since 2012, the Data Science sector has witnessed a massive hike of 650%, far outpacing other sectors. According to recruitment firm Michael Page’s 2021 India Talent Trends report, 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. Professionals w...

Remit: Degree in Computer Engineering, IT or similar field; Minimum of 3 years of working experience as a Data Scientist; Ability to write robust code in Python; Knowledge for NLP and Deep Learning techniques; Knowledge in SQL/NoSQL; Knowledge of Data Science frameworks like Scikit-Learn, Pandas, PyTorch; Nice to have knowledge of AWS solutions for Data Science, like Sagemaker; Experience on the developing E2E processes for building/training AI models; Excellent communication and decision-making skills; Fluency in English. About Us Wolters Kluwer is a global provider of professional information, software solutions, and services for clinicians, nurses, accountants, lawyers, and tax, finance, audit, risk, compliance, and regulatory sectors. For 180 years, Wolters Kluwer has been innovating the way professionals and businesses work. Our employees are at the cornerstone of bringing our vision to life. Our pursuit of excellence coupled with the pride we take in our work, enables our customers to solve their most critical problems. At Wolters Kluwer we encourage you to be your unique self, bring your ideas to life, learn, develop, and thrive. We offer you a world of endless opportunities. Join us and build a brighter future! Wolters Kluwer reported 2022 annual revenues of €5.5 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 20,000 people worldwide. The company is headquartered in Alphen aan den Rijn,...

An entry-level Data Scientist with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of ₹588,603 based on 492 salaries. An early career Data Scientist with 1-4 years of experience earns an average total compensation of ₹847,768 based on 2,165 salaries. A …Read more FAQs About Data Scientists What is the highest pay for Data Scientists? Our data indicates that the highest pay for a Data Scientist is ₹2m / year What is the lowest pay for Data Scientists? Our data indicates that the lowest pay for a Data Scientist is ₹353k / year How can Data Scientists increase their salary? Increasing your pay as a Data Scientist is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Data Scientist that oversees more junior Data Scientists, this experience can increase the likelihood to earn more.

FAQ • What is the salary of a Data Scientist in India? The average total compensation of a Data Scientist in India is ₹2,309,048. • What is the minimum salary of a Data Scientist in India? While there is no minimum salary for a Data Scientist in India, the average total compensation is ₹2,309,048. • What company pays the most for a Data Scientist in India? The highest paying company for a Data Scientist in India is Dream11 with an average total compensation of ₹10,308,250. • I have a different question Chat with us Love our mission? Join thousands of professionals who support salary transparency!

Data has become central to organisations across every industry as they realise its potential in strategic decision-making or effective process automation. As a result, the analytics or data science function has witnessed significant growth in the past couple of years. Analytics professionals are in demand, and organisations are willing to pay competitive salaries to attract the best talent. The scale of growth of any domain is evinced by the salaries drawn by experienced professionals or the growth in the proportion of experienced professionals drawing higher wages. Overall, the analytics professionals have seen an increase in their pay and the industry has seen more analytics professionals being hired in strategic positions to ensure enterprise-wide adoption. Even though the pandemic resulted in a decrease in the median salary of analytics professionals in 2021 compared to 2020, it was still higher than in 2019. With the industry showing considerable growth and an overall increase in the demand for analytics or data science post-pandemic, this salary is expected to grow even further in the coming years. This report aims to analyse the data professionals hired at the highest level with the most competitive salaries. It provides an overview of the analytics professionals with a salary package greater than INR 1 Crore and their break up across parameters such as sectors, geographies, company type, education, years of experience, and gender representation. In addition, the re...