I want a career in data science. what is the data analyst average salary in India.
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I want a career in data science. what is the data analyst average salary in India.
In India, Data Analyst average salary varies on the basis of several factors such as skills, knowledge, technique, and location of the employing firm. A Data analyst average salary in India immediately or circuitously depends on how to update about the latest trend and skillful you are. If you don’t want to live in the same city or one country, working as a data analyst can provide you that freedom and flexibility. A data Analyst average salary is Rs. 456759 per annum.
According to payscale data-
It also includes knowledge in programming, machine learning, statistics mining, and data visualization. The demand for data analysts is growing day by day. The Data Analyst average Salary relies upon many factors:
1. Experience
The experience performs an integral function in the recruitment of data analysts. Discussed above are specific stages of data analysis that come throughout their profession map.
2. Skills
Python salary in India alone offers ₹10 Lakhs per annum as it is an essential skill.
Do you know if you are familiar with Big Data & Data Science, your salary increases by 26% compared to being skilled in only one of the areas?
SPSS & SAS professionals can earn around ₹7.3 lakhs and ₹9 to 10.8 lakhs, respectively.
ML salary in India can increase up to 17 lakhs per annum.
Data Analyst Pay Difference by Location
3. Location of the company is a vital element in identifying the salary. The cost of living varies depending on the metropolis and the nation of employment. Bengaluru offers 19.2% greater than the country’s average. Gurgaon & Pune provides 9.8% greater and 9.5%, respectively than the country-wide average.
4. Employer
Data Analyst average salary varies due to companies- Accenture, Tata Consultancy Services, Amazon.com Inc, IBM India Private Limited, and Ernest & Young.
5. Several Parameters
To pursue a beneficial profession in data analytics, candidates want to put in splendid effort in studying new tendencies in the market each and every day for a profitable career.
The data analyst average salary depends upon various factors for eg How much experience do you have? and it also depends from one organization to another.
In India, a data analyst average salary is somewhere from 4 to 11 lakhs per year as a fresher. When it comes to salary, you can see that there is a wide variety of possibilities. There is no set standard for salaries at the start of a career or at any given time while working as a data analyst.
A data analyst in certain companies may earn more than other data analysts in other companies, data analyst average salary vary based on the job’s responsibilities, the firm’s location, the level of experience, and other variables.
A good MNC can give you a starting salary of anywhere between 7-10 lakhs (for IIMs this number can be as high as 15 lakhs). Post that it’s your workstream that will determine your salary after 3 years. If you end up working on cutting edge predictive modeling or big data, you can touch 20 lakhs also but if you are stuck in BAU reporting or MI, don’t expect more than 30% cumulative hike. Of course, communication skills and soft skills also make a big difference when you look at yourself at the end of 3 years.
Do not worry so much right now, data analysis is the fastest growing field and if you are on top of your fame, keep yourself upskilling, you won’t need to worry at all. However, By adding more attributes or skills to your resume will certainly help you to gain more than a data analyst average salary. Here are some of the things which you can do for yourself to get a good hike on the data analyst average salary
Build your rank on Kaggle and Hacker rank by doing lots of data projects.
Participate in Coding competitions by IT organizations and get the next package of 7 lakh within a year. Doing this will definitely give you an advantage compared to some other data analyst average salary.
Do some certifications like Microsoft Power BI developer, Azure Cloud fundamentals and other related fields.
You can also start learning Tableau as a data visualization tool. data analysis will be done when you visualize your data and make decisions upon it. You can internally switch your work-role within the organization to start with Tableau or find some data visualization job. Data analytics will be achieved once you are experienced in data visualization. More than your profile, your skill-sets will matter outside the organization.
Follow these steps and you can have a good increase when it comes to your data analyst average salary.
Data Analysis has become one of the most high-in-demand jobs around the world. As a result, a Data Analyst average salary in India is significantly higher than in any other software-related profession.
Data Analyst Average Salary in India is around ₹1.9 Lakhs per year (₹15.8k per month) at the fresher level. A minimum experience of 1 year is required to be a Data Analyst.
The highest Data Analyst average salary is ₹11.5 Lakhs per year (₹95.8k per month). With the increasing demand for data analysts, the pay is also rising. Entry-level data analyst positions pay above the $40,000 mark, and senior positions typically pay well over $100,000, according to AmbitionBox.
The data analytics industries are projected to create over 11 million jobs by 2026 and increase investments in AI and machine learning by 33.49% in 2022.
Top ten data science companies paying a high amount to data analysts average salary in 2022
Tableau. Tableau is one of the leading data science companies offering a fortune to data analysts
Accenture
Fractal Analytics
Mu Sigma
iTechArt
HData Systems
TCS
Salesforce
Qlik
Absolute data
The following are the top companies in India that hire at high Data Analysts average salary:
Tata Consultancy Services (IT)
Accenture (IT)
Tech Mahindra (IT)
Data analyst works with a large volume of data, turning them into business perceptions to give strength to make better decisions. They work across various industries, from Healthcare to Finance and Retail to Technology.
Data analyst works to improve their systems to relay future perceptions easier. The goal is to develop a method that analyzes large data sets that can be easily reproduced and scaled. So Data Analyst average salary is much higher than others as demand is high and supply is low of employees in this field.
On average a fresher gets around 4-5 LPA while one with experience can get 7-8 LPA.
If you target bigger brands, they won’t prefer freshers and their min pay starts at 8-9LPA.