A Breakdown of Salaries of Data Scientists

Data science is one of the popular career fields that is gaining momentum. The main reason for this is better career growth and opportunities. If you are also planning to pursue data science, then this guide is for you!

There are many certifications and you can apply for the best data science certification. The certification should help in boosting career growth. But before we go on discussing the certification, let us look at what data science actually is!

In this article, we will be covering everything about data science - ranging from the benefits of the course to salaries.

What is Data Science?

Data science is the process of using advanced analytics techniques and scientific principles in order to analyze data and extract valuable information to make good decisions and plan strategically for the company.

The insights generated by data science help organizations increase the efficiency of operations and help in identifying new business opportunities. There are a lot of things included in data science, i.e., data mining, machine learning, data visualization, predictive analysis, etc.

Now here arises a question, i.e., why is data science important? Well, data science plays a significant role in business operations and strategies. For instance, data scientists provide deep insights regarding the consumer approach so that the company creates stronger marketing campaigns in order to improve sales.

From an operational point of view, data science helps in optimizing supply chain management, product inventories, consumer service, etc. without data science, many businesses might miss opportunities to grow, thereby making flawed decisions that can bring their businesses to stand still.

Let us look at the benefits of this certification.

Benefits of Doing Data Science Certification

High-paid Jobs (Excellent Salary)

Obtaining a data science certification increases the probability of getting recruited by top companies with high-paid roles. Data science provides some of the most lucrative job positions to candidates. Earning a certification immediately makes a candidate stand out from the crowd and gives them the distinction of having the necessary skills and hard work. This will help one get good job roles in reputed companies across the globe.

A Mark of Credibility

Being a data scientist is a feather in a cap. They have the desired skills and capabilities that make them credible enough in the IT sector. Data scientists are recruiters' primary preference because they know that these individuals are certified and have great analytical skills that can help the company yield profits. A certified data scientist signifies that he/ she has the practical experience and a high standard of education. This makes them credible and high in demand among IT companies.

Valuable Knowledge

A data science certification will help you stay updated about the latest industry trends, thereby making you more marketable and relevant. You will be learning about the new developments and information regarding how data science is progressing. The updated information will make the person a valuable resource for a company. Thus, with amazing skills and knowledge, a data scientist will become irreplaceable.  

Receiving Individual Attention

By applying for a data science certification, a candidate will get individual attention from the instructors. Candidates can easily clear their doubts, get live chat sessions, and much more. All this will make an individual’s learning experience more holistic and comprehensive. Thus, receiving individual attention is one of the top benefits of having a data science certification.

Let us now discuss the most crucial aspect of Data Scientist jobs, i.e., salary.

Data Scientist Job Roles With High Salary

There are a lot of careers in the field of data science. Here we have curated a list for you regarding top job roles that you can get after gaining the data science certification. Have a look!

Data Architect

Data architects visualize the data management framework and work closely with data engineers to understand and implement the strategy and data that needs to be collected. They are responsible for creating new database systems and enhancing the performance of the existing systems. They also design the process and create a flow for data management in the company. Candidates considering a data science career can become data architects as the pay grade is noteworthy. The average salary of a data architect ranges from Rs. 11 LPA to Rs. 30 LPA. (Ref - https://www.glassdoor.co.in/Salaries/data-architect-salary-SRCH_KO0,14.htm)

Data Engineer

Data engineers are experts at accessing and processing vast amounts of data. They interpret the data and create data pipelines to make data accessible for further analysis, data engineers also set up infrastructure using programming languages like Python, JAVA, SQL, etc. The average salary of a data engineer ranges from Rs. 3 LPA to Rs. 21 LPA. (Ref - https://www.ambitionbox.com/profile/data-engineer-salary)

Data Analyst

Many data scientists start off their careers as data analysts. They work directly with raw data and various teams like marketing, customer support, sales, finance, etc., in order to process information. Data scientists clean the data, study it, and create reports using data visualization tools like Excel, Tableau, etc., to help teams strategize effectively for the benefit of the company. The average salary of a data analyst ranges from Rs. 4 LPA to Rs. 11 LPA. (Ref - https://www.ambitionbox.com/profile/data-analyst-salary)

Machine Learning Engineer

A machine learning engineer has combined knowledge of software engineering and data science. In large companies, data scientists are expected to be machine learning experts with advanced software skills. These engineers develop software, models, and AI systems. A machine learning engineer requires years of experience and expertise to get into senior roles. The average salary of a machine learning engineer ranges from Rs. 3 LPA to Rs. 21 LPA. (Ref - https://www.ambitionbox.com/profile/machine-learning-engineer-salary)

Marketing Analyst

Identifying consumer behavior and planning the products accordingly is the main role of a marketing analyst. A marketing analyst has updated knowledge regarding the recent market trends and accesses the data across various platforms to create strong marketing strategies. The average salary of a marketing analyst is Rs. 8 LPA. (Ref - https://www.glassdoor.co.in/Salaries/marketing-analyst-salary-SRCH_KO0,17.htm)

Data Scientist Salary

In the above section, we discussed top data science job roles and their respective salaries. There are different parameters on which the salary of a data scientist depends.

Experience as far as the average salary is concerned, a data scientist earns around Rs. 6-7 Lakhs per annum. The salary of a data scientist depends upon the experience.

Candidates having less than one year of experience earns around Rs. 5 lakhs per annum.

Data scientists with 1-4 years of experience earn around Rs. 6-7 Lakhs per annum.

Data scientists with 5-9 years of experience earn Rs. 12-14 lakhs per annum.

A highly experienced data scientist with decades of expertise earns up to Rs. 25 lakhs per annum.

Reasons To Do Data Science Course

Data science is a wide field of study, wherein an individual has to use analytical tools and techniques to help the company prosper. If you are thinking of doing a course, then data science is one of the best options for you. Here are the reasons why!

Less Competition

Data science is not a newbie in the IT industry. Still, when compared to other IT jobs and roles, data science is new and fresh. It is growing at a rapid rate and this has triggered a huge demand for data scientists. That being said, the number of skilled data scientists is still low. This creates an opportunity to learn and make a mark in your career. Less competition means a better chance of getting hired and having substantial growth for yourself. Thus, data scientists have less competition and more advantages! 

Diverse Skills

Any role in the field of data science demands good command over technical skills. In simpler terms, a candidate pursuing data science has to have a strong hold over on analytical skills, mathematics, algorithms, data structure, probability, programming, modeling, etc. All these skills can be easily learned through a well-defined data science certification. There are some of the best data science certifications that you can apply for and strengthen your technical skills. These skills will not only add to your work profile but also will enhance your thought process. Thus, data science is a diverse field that provides one with a lot of opportunities.

Offers Quick Growth

Data science is prevalent in various domains like banking, healthcare, travel, retail, etc. The demand for data scientists is increasing because the Data Science industry is gaining pace slowly and steadily. An individual with amazing technical skills and knowledge is bound to have great career growth. The learning curve in this data science is steep. Thus, the financial gain after one becomes a data scientist is also noteworthy!

Flexibility in Learning

Gone are the days when learning used to be sitting in a classroom feeling dizzy! Online certifications are in full swing and candidates are leveraging them to make the course flexible. The flexibility in learning is one of the reasons why data science is becoming popular. Self-paced learning certifications are preferred by the candidates because candidates can learn easily by learning at their own pace. This makes them feel comfortable and learning becomes interesting instead of becoming boring!

Data Scientists are High in Demand

Data scientists are hard to find. Many companies look for qualified data scientists but they aren't easy to find because there are very few candidates who opt for them. This makes data scientists a desirable entity. If you are a data scientist, then there are a lot of perks that you will enjoy! Thus, being desired by almost every company, data scientists are very much in demand.

Conclusion

Data science is a field that combines knowledge, programming skills, mathematics, and statistics to extract useful information that will help in better decision-making and strategic planning. Data science is evolving at a rapid rate and is beaming with many opportunities.

Valuable knowledge and top job roles are two of the main reasons why candidates are taking up data science certifications. By applying for these certifications, candidates can easily acquire the necessary skills and abilities to function perfectly in the organization. The certification has immense benefits that help candidates in the long run.

So, what are you waiting for? Apply today to some of the best data science certifications and kick-start your career as a successful data scientist!