What is the salary of a fresher data scientist in India?

Therefore, we can say that there is no fixed figure that represents the salary of a fresher data scientist in India. The thing is that the salary of a data scientist depends on a lot of factors. However, we can say that these professionals make more money than the professionals working in other fields, such as data engineering or data analyst. Therefore, it is safe to say that data science is one of the most rewarding careers. 

Now let’s talk about some companies where you can find a job as a fresher data scientist. We will also discuss how much salary you may expect working with these organizations or companies.

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Lenskart 

This eyewear retailer hires the services of Artificial Intelligence and data science professionals. They use these professional services to offer services and recommendations. This retailer pays at least ₹5,00,000 to its fresh hires. 

Fiat Chrysler Automobiles (FCA) 

This international automotive company uses many brand names to sell the vehicle it manufactures. Some popular brand names include Fiat, Ram, Dodge, and Jeep, to name a few. Some reports suggest that the mean salary that you can get from this company is around ₹4,00,000 per year. 

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Ernst & Young (EY) 

This accounting firm offers a range of services like advisory, tax, consulting, and auditing, to name a few. The reports from PayScale suggest that the mean salary that the company pay is around ₹7,76,000 per year. Therefore, we can say that the salary paid to data scientists at this company is handsome. 

Aditya Birla Group 

This global conglomerate works in several fields like finance, retail, telecom, textiles and metals, to name a few. Some reports from Glassdoor reveal that the mean salary of a data scientist paid by this company is around ₹7,50,000 per year. 

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IBM India 

This subsidiary of IBM offers IT services in many industries. Some reports from Indeed suggest that the mean salary the company pays to data scientists is around ₹6,98,000 per year. 

In India, the salary of a fresher data analyst depends on the organization or the company. But one thing we can say for sure is that the salary is competitive and higher than professionals working in other fields. 

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 Skills and qualifications required for data scientists in India 

Now, let’s talk about some skills and qualifications you may want to have if you want to command a high salary as a data scientist in India. 

Programming skills 

If you want to become a data scientist, you need to strengthen your grip on many programming languages like Java, SQL, R, and Python. These programming languages are essential for data analysis and data manipulation. Apart from this, you need programming skills to develop and deploy various models and applications in the field of data science. 

Mathematics and statistics 

If you want to establish your base in the field of data science, we suggest that you improve your mathematics and statistics expertise. These skills are essential if you want to explore data and make inferences. Apart from this, these skills will help you get the most out of several data science techniques. Some of these techniques may include clustering classification and regression.

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Deep learning and machine learning 

As a data scientist, you need to improve your deep learning and machine learning skills if you want to work on predictive and prescriptive models. In addition, you may want to learn the skills in order to use popular tools and frameworks in the field of data science. Some of these tools and frameworks include Scikit-learn, PyTorch, Keras, and TensorFlow. 

Communication and data visualization

As a data science professional, your communication and data validation skills should be good enough to communicate your findings and insights based on your data analysis. Apart from this, you can use these skills to create reports and dashboards. In this case, you can use a set of powerful tools such as Seaborn, Matplotlib, and Power BI, to name a few. 

Factors that affect the data scientists’ salary 

Now let’s talk about some factors that will affect the salary of a fresher data scientist in India. Based on these factors, you can get a better idea of how much you can earn by providing your services as a data scientist.

Level of education 

As a general rule, if you have higher qualifications in terms of education, you command a higher salary. For instance, if you hold a PhD in data science, you can command a higher salary than appreciate data scientist who has a diploma only.

Certification 

You can increase your salary potential by achieving relevant credentials or certifications. For instance, if you obtain your certificate from one of the top data science institutes, you may get a higher salary than those without a certificate. In this case, you can earn more even if you are a fresher data scientist.

Domain knowledge 

If you have a lot of knowledge in your field, you may be able to receive a higher salary. For instance, if you have a lot of experience and knowledge in the world of finance, you can earn watch more than those professionals who don’t have as much experience or knowledge in this field.

Portfolio and projects 

If you have some fantastic projects showcased on your portfolio, you can attract day attention of an employer or a big player in the industry. For instance, if your portfolio shows some projects that prove that you have a lot of knowledge of specific data science techniques, then you can earn more than those who need to gain experience using these techniques or tools.