Is data science a good career in India?

Data science jobs are among the top-paying jobs in the market right now. The average salary of a data scientist ranges between INR600,000–700,000 for freshers as well. This helps data science is gaining traction from a lot of professionals.

Is data science really in demand in India?

The demand for data scientists in India is at an all-time high, which is resulting in an upward career arc and generous pay from companies. Around 93,000 jobs in Data Science were vacant at the end of August 2020 in India. 70% of these vacancies were for positions with less than five years of experience.

Does data science pay well in India?

The average salary for a data scientist is Rs. 698,412 per year. With less than a year of experience, an entry-level data scientist can make approximately 500,000 per year. Data scientists with 1 to 4 years of experience may expect to earn about 610,811 per year.

Is IT hard to get a data science job in India?

People from different domains, like commerce or engineering, are taking up data science courses to step into the flourishing industry. The rise of competition understandably leads to increasing difficulty in landing a job. It's high time you step your skills as a graduate and try to become as industry ready as you can.

Is data scientist highest paying jobs in India?

Average starting Salary for Data Scientist in India is around ₹4.5 Lakhs per year (₹37.5k per month). 1 year of minimum experience is required to be a Data Scientist. What is the highest salary for a Data Scientist in India? Highest salary that a Data Scientist can earn is ₹25.0 Lakhs per year (₹2.1L per month).

Data Science

Are data scientists rich?

A data scientist with a fair amount of experience can make up to US$800K in the US, and in India, nearly 90 lakh rupees per annum.

Is data science a stressful job?

The work environment of a data scientist can be quite stressful because of long working hours and a lonely environment. It's strange to note that despite the multiple collaborations required between the data scientist and different departments, most of the time, data scientists work alone.

Can a data scientist earn in crores?

Data science professionals with 3-10 years of experience get annual salaries in the ₹25-65 lakh range, while those with more experience can command pay packages upwards of ₹1 crore, according to recruitment firm Michael Page's 2021 India Talent Trends report.

Are there enough jobs for data science in India?

According to one of our reports, the total number of analytics and data science job positions available are 97,000. Out of these, 97% of job openings in India are on a full-time basis while 3% are part-time or contractual.

Is data science jobs declining?

There are no sharp upturns or downturns. This could suggest that data science won't just abruptly disappear in the near future. If anything, there would be a slow decline over time, of which there currently isn't really any evidence.

Who Earns More CA or data scientist?

As per a new report by TeamLease, a data scientist with experience of 5 years' can command anything above Rs 75 lakh per annum; whereas a CA with the same experience can only get Rs 8-15 lakh and Rs 5-8 lakh for engineer with the same experience.

Does Google Hire data scientist?

At Google, data scientists may be hired on one of several job ladders. If your talent skews toward the engineering side, you may want to pursue the standard software engineer track and ask for a more analytical role — if it skews towards numbers, you may want to pursue the quantitative analyst track.

Which job is highest salary in India?

Does data science have a future?

The potential for quantum computing and data science is huge in the future. Machine Learning can also process the information much faster with its accelerated learning and advanced capabilities. Based on this, the time required for solving complex problems is significantly reduced.

Is data science a fun job?

Data Science can be really fun if… Data science is a rare job where you get to do all of the cool stuff together: mathematics, coding, and research. A job where you can read a research paper in the morning, write down the algorithm in afternoon, and code it up in the evening. It is really fun!

Will I get job after data science course?

Career Prospects after Data Science Certification

After developing your data science skills and gaining years of experience, you can explore different domains like marketing, sales, data quality, finance, business intelligence, etc., and even serve as a consultant with leading data-driven firms.

Are data scientists unemployed in India?

In fact, since 2019, hiring in the data science industry has increased by 46%. Yet, around 93,000 jobs in Data Science were vacant at the end of August 2020 in India. 70% of these vacancies were for positions with less than five years of experience.

Is data science in demand in 2022?

Bar the years 2016 and 2021, data from Glassdoor show that the number of data science job openings has been on a constant rise. In 2022, there's a 70% rise compared to 2021 already, and the year has just started.

How many data scientists are unemployed in India?

Over 93,500 Data Science Jobs Vacant In India, Up To ₹25 Lakh Annual Salary. Unemployment is a major concern in India today with a majority of youth trying hard to get a job that pays well as well as upgrading their skillset. And the COVID-19 pandemic has only made matters worse.

How common is 1cr salary in India?

He further mentioned that tax evaders increase the burden on those who diligently pay their taxes every year. He noted that it is unbelievable but true that only 2,200 people in the country had declared earnings of ₹1 crore per annum.

Is data science still in demand 2021?

The number of jobs requiring Data Science skills is expected to grow by 27.9% by 2026, according to the US Bureau of Labor Statistics, making now the best time to start a career in Data Science.

Which stream is best for data scientist?

Answer. In order to become data scientist Students are expected to complete the 10 + 2 successfully by obtaining at least 50 per cent marks from any recognised board of India in the science stream consisting of physics, chemistry, and mathematics, computer science as compulsory subjects.

Are data scientists happy?

Data scientists are about average in terms of happiness. At CareerExplorer, we conduct an ongoing survey with millions of people and ask them how satisfied they are with their careers. As it turns out, data scientists rate their career happiness 3.3 out of 5 stars which puts them in the top 43% of careers.

Is data science a boring job?

Yes, data science is a somewhat boring and stressful profession. Despite its higher-than-average salary, data science analysts find aspects of their work repetitive. Nearly 50% of analysts spend large amounts of time cleaning and organizing data for analysis.

Is data scientist a government job?

A few of the popular Data science jobs in the government sector in India. THSTI hiring applications are accepted online for various assistant positions using the THSTI authorized form. The data scientist would be hired by THSTI Andra Pradesh on a central government premise.