Data Scientist Salary in India 2024 - Freshers & Experienced

Salary of Data Scientist in India: Details

A Data Scientist is an individual who is responsible for analyzing, collecting and drawing inferences from large amounts of data to understand the patterns, trends and relations between the data.

Data Science is very important for business in recent times as customer data is analyzed to predict customer behavior thus making way for revenue opportunities.

Top organizations are always on the lookout for Data Scientists as the huge amounts of structured and unstructured data is produced and collected daily. The main role of the Data Scientists in these organizations is to derive information from data to engage customers and create effective business models.

Since they are required by both B2B and B2C companies, the Data Scientist salary in India is extremely lucrative and increases with the number of years of experience of the candidates.

Data Scientist Salary in India

At present the job of a Data Scientist is one of the most emerging professions and the entry level Data Scientist salary in India is INR 5 Lakhs per annum.

The average salary of a Data Scientist is INR 6.5 Lakhs per annum. Data Scientists in India with more than 10 years of experience can demand a salary of INR 20 Lakhs per annum.

Skills Required for a Data Scientist

Data Scientists must have knowledge of Python programming along with Big Data, Hadoop, MapReduce, Hive and R. Along with the programming languages, it is necessary to have hard skills like Machine Learning, Deep Learning, Data visualization, Predictive analysis, etc.

The main skills of a Data Scientist are as follows:

• Proficiency in Machine Learning and cloud computing platforms
• Knowledge of statistics and Mathematics
• Design and implement dashboards and track business metrics
• Communication and teamwork skills
• Qualitative and quantitative analysis skills
• Knowledge of coding languages like Python and Scala
• Ability to aggregate unstructured data
• Leadership and problem solving skills
• Verbal, written and presentation skills

Top 10 Data Science Profiles:

1. Data Scientist
2. Data Analyst
3. Data Engineer
4. Data Architect
5. Data Storyteller
6. Machine Learning Scientist
7. Machine Learning Engineer
8. Business Intelligence Developer
9. Database Administrator
10. Technology Specialized Roles

Details of Data Science Job Profiles, Responsibilities and Salary in India

1. Data Scientist

A Data Scientist is one of the top paid jobs in this field. Candidates having knowledge in Python programming can become a Data Scientist. The salary of a Data Scientist varies with the experience of the candidate with Senior Data scientists becoming eligible for very high remuneration.

Responsibilities of a Data Scientist

• Arranging huge amounts of structured and unstructured data to gain actionable insights.
• Using a data driven approach to solve complex business problems.
• Understanding hidden trends and patterns in the data by using Machine Learning and Deep Learning models.
• Formulating data driven solutions to leverage the productivity of organizations.
• Cleaning and arranging unstructured data to derive valuable insights.

Salary of a Data Scientist

The average salary of a Data Scientist in India is INR 8.6 Lakhs per annum. Entry level Data Scientists with less than 1 year of experience can gain a salary of INR 5 Lakh per annum.

Individuals with more than 5 years of work experience as a Data Scientist can get a salary of INR 14 Lakhs per annum and candidates with more than 20 years of work experience can get a salary of INR 20 Lakhs per annum.

2. Data Engineer

The main role of a Data Engineer is to work with the Data that is cleaned by the Data Scientists. A Data Engineer helps to convert unstructured data into formats that can be easily analyzed for trends and patterns.

The job of a Data Engineer is to make the raw data derived from business sources into meaningful models that can be used for operational purposes.

Responsibilities of a Data Engineer

• Collecting data from reliable sources and cleansing the data.
• Creating and maintaining data architecture in alignment with business needs.
• Automating tasks to minimize human intervention.
• Aggregating raw data for Data Scientists to conduct predictive analysis.
• Developing innovative ways for extraction, transformation and developing data from different sources.
• Identifying trends and patterns in the data to derive insights.
• Solve problems by conducting industry based research.

Salary of a Data Engineer

The average Data Scientist salary in India  of a Data Engineer in India is INR 8 Lakhs per annum. Data Engineers with less than 1 year of experience can get a salary of INR 4.5 Lakhs per annum.

Those between 5 to 9 years of experience can get a salary of INR 13 Lakhs per annum and Data Engineers with more than 19 years of experience can get a salary of INR 20 Lakhs per annum.

3. Data Analyst

A Data Analyst is an individual who gathers information on specific sets of data. Candidates who have a knack for Mathematics and Statistics with fluency in programming languages like Python can become Data Analysts.

A Data Analyst identifies, cleans and analyzes the data to derive information and predict future business outcomes.

Responsibilities of a Data Analyst

• Collect data to build datasets, conduct surveys and track customer behavior.
• FInd hidden trends and patterns in the collected data.
• Clean the raw data by using programming languages.
• Work with customer data to personalize algorithms that suit the customer needs.
• Create effective marketing strategies that will drive business needs.
• Map and model data collected from different sources to solve business problems.

Salary of a Data Analyst

The average salary of a Data Analyst in India is INR 4.6 Lakhs per annum. Professionals with 1 to 4 years of experience can get a salary of INR 5.5 Lakhs per annum. Data Analysts with more than 8 years of work experience in India can get a salary of INR 7.5 Lakhs per annum. Individuals with more than 20 years of experience normally get a salary of INR 15 lakhs per annum.

4. Data Architect

The role of a Data Architect in an organization is to analyze the data infrastructure of a company and derive solutions by uncovering patterns and anomalies in large sets of data.

Data Architects mainly work to maintain the database of an organization through designing and restructuring of data.

Responsibilities of a Data Analyst

• Plan the data architecture and oversee projects.
• Deploy the company data in an organization to maximize profits.
• Use Machine Learning and Artificial Intelligence models to design scalable solutions for the organization.
• Design and implement solutions to retrieve company data.
• Prepare effective design and architecture in collaboration with the Executive teams.
• Identify database necessities to evaluate client operations.
• Conduct troubleshooting by integrating new features with the business data.

Salary of a Data Architect

Data Architects can get a very high salary based on their roles and responsibilities. The National average salary of a Data Architect is INR 21 Lakhs per annum. A Data Architect with more than 8 years of work experience can get a salary of INR 16 Lakhs per annum.

Data Architects who have worked for more than 18 years can get a salary of INR 20 Lakhs per annum and experts having an experience of 20 years or more become eligible for salary prospects of INR 25 Lakhs per annum.

5. Database Administrator (DBA)

The job of a Database Administrator is to collect and organize sensitive data and personal information of the customer. The data collected by a DBA includes the purchase history, inventory and information regarding the customer.

A Database Administrator also helps to solve problems regarding the access to the database and restores the database in case of errors.

Responsibilities of a Database Administrator

• Maintain and update the database of the company.
• Track and update the funding statistics and the funding projects.
• Maintain the standards and policies of a database.
• Configure and monitor the performance of the data stores.
• Control the function of the hardware and software additions.
• Evaluate the security policy of the databases and take corrective measures in case of security breaches.
• Build applications and employ design patterns.

Salary of a Database Administrator

The average Data Scientist salary in India of a Database Administrator is INR 5.09 Lakhs per annum. Data Administrators with 1 to 4 years of work experience can get a salary of INR 4.23 Lakhs per annum while candidates between 5 to 8 years work experience can get a salary of INR 8 Lakhs per annum.

Candidates who have worked as database administrator for more than 20 years can get a salary of INR 22 Lakhs per annum.

6. Business Intelligence Developer

A Business Intelligence Developer is responsible for maintaining and developing the dashboards and Data modeling tools for the business interfaces of a company.

They are also responsible for finding IT solutions for the company. The BI executives mainly work the company databases and build effective data models for the company.

Responsibilities of a Business Intelligence Developer

• Curating and modeling of data.
• Documenting contents in the data warehouse.
• Creating documents for Business Intelligence tools.
• Designing data warehouse models.
• Developing interactive dashboards at the user interface.
• Configuring existing and new Business Intelligence tools.

Salary of a Business Intelligence Developer

The average Data Scientist salary in India as a Business Intelligence Developer is INR 6 Lakhs per annum. Candidates with less than 1 year of Business Intelligence experience can get a salary of INR 3 Lakhs per annum while professionals with 1 to 4 years of work experience can get a salary of INR 5 Lakhs per annum.

Business Intelligence Developers with a work experience of 10 years can get a salary of INR 13 Lakhs per annum.

Advantages of Becoming a Data Scientist

• Data Science is one of the most happening professions of recent times. The job is associated with excellent career opportunities and scope for growth. The field is highly in demand and gaining importance in sectors like Finance and operations.

• Data Scientists get the opportunity to work with big brands and hence the Data Salary in India is very promising. The starting base salary of a Data Scientist in India is INR 4 Lakhs per annum while the salary of an individual with many years of experience in the field of Data Science goes up to INR 20 Lakh per annum.

• Data Scientists have diverse roles to play in the industry depending on their Certifications and experience. A Data Scientist can play the role of a Data Engineer or Data Architect or Business Intelligence Developer depending upon the expertise and area of work.

• Data Scientists have a major contribution in the development of a company. They solve real world business problems with their expertise and knowledge. They are also responsible for the revenue growth of a company with their problem solving acumen.

• The Data Scientist job will always be in demand as companies and businesses rely heavily on data and automation to increase their customer base. Data Scientists and Data Engineers who remain updated with new skills are always hired by top companies with good salary packages.

• The Data Scientist salary in India increases with experience. Entry level Data Scientists can get a salary of INR 5 Lakhs per annum. The salary always increases with experience of the candidate and an expert Data Scientist with more than 10 years of work experience can demand a salary of INR 10 lakhs to INR 15 Lakhs per annum.

Factors Affecting the Data Scientist Salary in India

There are several factors that affect the salary of a Data Scientist in India. These are:

Experience: An entry level Data Scientist in India has a salary of INR 5 Lakhs per annum. Candidates with a work experience of 1 to 4 years have a salary of INR 7 Lakhs per annum.

Data Scientists with 10 to 12 years of work experience can earn a salary of 13 lakhs per annum.

The salary increases manifolds with experience of the candidate and those with more than 20 years of Data Science work experience in India can get a salary of INR 25 lakhs per annum.

Job role and skills: The salary of a Data Scientist depends on the job role of the candidate and the number of years of experience in the industry. For candidates with more IT and business skills, the salary is much higher as compared to the ones with lesser years of experience.

Skilled Data Scientists with a good knowledge of Mathematics and Statistics  also in demand in different companies. Apart from this, candidates who have a good command over programming languages also become eligible for growth and good salary options in reputed companies.