In today’s digital era, data science has become a dynamic technology space where researches, developments and advancements surface every day. A wide range of dimensions of this technology is mutating the ecosystem and is likely to transform more intensely in coming years.
With an upsurge in data science, the demand for data science professionals – data scientists, is accelerating every hour with a ton of job opportunities lying in their way. Presently, it is considered as the most state-of-the-art profession in the tech-market but is expected to enhance further with skilled talents joining the league. Not only in tech-based companies, but data science is extending its reach in different sectors and industries currently.
The Skills, A Data Scientist Must Possess
• The candidate should know how to couple mathematical training to solve genuine profitable issues.
• He must have the ability to conduct mathematical ideas proficiently both verbally and visually to non-specialists.
• The data science aspirant should have in-depth knowledge of at least one of the analytical tools. ‘R’ is generally preferred for data scientists, which is in-particular designed for data science needs.
• Aspirants with a better understanding of optimization in consort with solid linear algebra and Infinitesimal calculus, simulation, multivariate analysis, and apt data visualization will have an edge to prove their efficiency for the job.
• The candidate also must possess some non-technical skills – intellectual curiosity, business acumen, communicative, and teamwork, to name a few.
Top Data Science Salaries in India
As it stands now, the demand for data scientists emerges in India, with some handsome amount of salary offered to its aspirants. The national average salary for a data scientist is INR 10,32,605 in India, according to a salary estimation from Glassdoor.
Let’s have a glance at a data scientist’s salary in different organisations set in India serving the best opportunities for this position.
Headquarters: Gurgaon, Mumbai, India
About: It is the fastest growing company in the online real estate space.
Average Base Salary (in India): INR 20,66,679
Salary Range (Low-High): INR 1,89,000 – 22,46,000
2. Microsoft India
About: It develops, manufactures, licenses, supports and sells computer software, consumer electronics, personal computers, and related services.
Average Base Salary (in India): INR 16,56,452
Salary Range (Low-High): INR 15,32,000 – 18,96,000
3. Fractal Analytics
Headquarters: New Jersey
About: It is based on AI and Machine Learning techniques and its products include Customer Genomics, a customer analytics tool.
Average Base Salary (in India): INR 14,56,516
Salary Range (Low-High): INR 10,16,000 – 18,00,000
4. IBM India
About: It produces and sells computer hardware, middleware and software, and provides hosting and consulting services in areas ranging from mainframe computers to nanotechnology.
Average Base Salary (in India): INR 14,40,594
Salary Range (Low-High): INR 5,40,000 – 34,44,000
5. Fuzzy Logix
Headquarters: Charlotte, NC, USA
About: It develops high-performance analytics solutions for Big Data and offers in-database and GPU-based analytics solutions.
Average Base Salary (in India): INR 13,85,328
Salary Range (Low-High): INR 4,97,000 – 20,09,000
6. United Health Group
About: UnitedHealth Group Incorporated is for-profit managed health care company which offers health care products and insurance services.
Average Base Salary (in India): INR 13,16,386
Salary Range (Low-High): INR 4,44,000 – 16,00,000
About: It is a third-party logistics service provider, operating in over 1,200 cities in India.
Average Base Salary (in India): INR 12,23,226
Salary Range (Low-High): INR 6,52,000 – 1,06,39,000
8. ZS Associates
Headquarters: Evanston, Illinois
About: It is a consulting and professional services firm, focusing on consulting, software and technology, that provides services for clients primarily in the pharmaceutical industry.
Average Base Salary (in India): INR 11,51,892
Salary Range (Low-High): INR 1,85,000 – 20,09,000
9. Ericsson – Worldwide
Headquarters: Kista, Stockholm, Sweden
About: It is a networking and telecommunications company that offers services, software and infrastructure in information and communications technology.
Average Base Salary (in India): INR 11,00,000
Salary Range (Low-High): INR 3,57,000 – 32,12,000
Headquarters: Dublin, Ireland
About: It is a multinational professional services company that provides services in strategy, consulting, digital, technology and operations.
Average Base Salary (in India): INR 10,44,533
Salary Range (Low-High): INR 4,21,000 – 22,39,000