Data Science Jobs, Salary Prospects and Best Training Programs in India
April 25th, 2023
Table of Contents
- Data Science Jobs in India - Companies, Salaries, Career Prospects
- Importance of Data Science in India
- Salaries in Data Science Jobs
- How to choose best place for Data Science Training
Data has become new “oil” in the current market. All the companies in the world today run on data. And while we are moving closer every day to digitalisation, Data Science is becoming more and more crucial for corporate companies to advance business and target new customers. This has made data science and data analyst courses prominent and ever-growing fields with great future opportunities.
According to a report by Analytics India Magazine, the Indian Analytics industry is expected to grow at a CAGR of 30% and reach $16 billion by 2025.
In this blog, you will get a deep analysis about the jobs and career aspects of Data Science Jobs and the salary prospects in this field.
Importance of Data Science in India
Data Scientists are in high demand in India. According to a report by Analytics India Magazine, the data science job market in India grew by 45% in 2021, with over 93,500 job openings across the country.
The salaries for Data Science professionals in India have also seen a significant rise. According to a report by AIM, the average salary for a Data Scientist in India is INR 12.7 lakhs per annum, which is an increase of 14.5% from the previous year.
Moreover, Data Science jobs are now needed in various industries in India, including healthcare, finance, e-commerce, and retail. And this field is growing unstoppably with the expansion of industries that are evolving to include Data Science for their business growth.
The Indian government has also set up several Data Science hubs across the country to promote research and development in this field. For example, the NITI Aayog, India's premier policy think tank, has set up a National Data and Analytics Platform (NDAP) to enable the use of Big Data in policymaking.
The field of Data Science is currently in high demand and offers excellent remuneration to freshers. If you're considering a career in this field, it's worth noting that the pay is quite substantial. Let's take a closer look at the expected salaries for Data Science jobs.
Salaries in Data Science Jobs
If you have completed or are pursuing your bachelors degree and are trying to find a field where you can earn up to 10 lakhs per annum in just your fresher days, then you can definitely go for Data Science courses.
Data Science is a completely new field and due to lack of awareness, many people do not know how with Data Analysis courses for beginners, you can earn a high paying job.
However, Data Science job salaries might depend on many factors like where you work or how much experience you have, how skilled you are and mostly how deeply you understand this field.
Average salary of a Data Science job can range somewhere between 10-12 lakhs per annum. However, a person’s salary might even go above 20 lakhs depending upon the above factors.
Above all, these salaries may completely depend on how much grasp and command you have on your skills. So, take good time in choosing where you learn your skills from and how well will this place help you gain a powerful grip over required skills and knowledge.
How to choose best place for Data Science Training
Malcom X, the human right activist once said "Education is the passport to the future, for tomorrow belongs to those who prepare for it today." And for today’s preparation you need a good mentor.
Choosing a course which is new in this market and choosing the place to learn it from can be a daunting task. But here are some tips you can follow while you are choosing a place to learn it from.
Curriculum Analysis: - Check if the curriculum addresses industry-relevant subjects and utilises real-world case studies to explain concepts.
Faculty: - Check the qualifications and experience of the faculty staff working and teaching there. Look for relevancy and field experience and a strong background in Data Science.
Placement support: Do not forget to analyse the placement rate and how much support the place is providing for the placement of their students and how well connected they are to the industry.
Learner’s Reviews and Feedback: Even if you are choosing a Data Analyst course online or an offline course, nowadays reviews matter a lot. Check for authentic reviews by the verified students about the placement support, quality of the programme and mentorship provided.
Cost: Check and compare course fees with other educational platforms, so you can choose the one who can provide the best value for your needs.
If you are searching for a place which can fulfil all your checklist requirements, then we can help you with our research.
The one course that covers everything mentioned above is the Data Science and Data Analyst course online by upGrad Campus.
Even if you are not from a technical background, this course is one of the best Data Analyst courses for beginners, with a well-researched curriculum on an affordable fee and excellent one-on-one mentorship and support. So kickstart your journey in one of the most lucrative fields today with upGrad Campus.