Salary of a Data Scientist

Nikita Joshi

Content Curator

Data is not only required by any particular domain but across different industries. This trend of adopting data in the industries irrespective of the type and size has resulted in a surge in demand for data scientists. In recent times, Data Science has become one of the highest-paid professions. As per the Analytics India Magazine, more than 1200 data scientists in India earn a salary of INR 1 crore annually, whereas, the average salary of a data scientist is INR 10 lakhs per annum.

The article features top companies in India that pay decent salaries to data scientists.

1. Deloitte

Deloitte is profoundly known for providing end-to-end business solutions for those who implement data science for professional purposes. The average salary package offered at Deloitte ranges from INR 5.5 lakhs per annum to INR 27 lakhs per annum with the average CTC of INR 12.4 lakhs per annum.

2. IBM 

IBM is an American multinational tech company. It was honored as the leader by the 2021 Gartner Magic Quadrant for Data Science and Machine Learning platforms. The average salary package offered at IBM ranges from INR 1 - 14 lakhs per annum with the average CTC of INR 11 lakhs per annum.

3. Accenture

Accenture is renowned for having a diverse team of data scientists and AI. They focus on measuring the impact on the business by applying various resources which comprehend the roles of AI and data scientists. The average salary package offered at Accenture ranges from INR 1.9 to 31 lakhs per annum with the average CTC of INR 10.2 lakhs per annum.

4. Amazon

Amazon is a global e-commerce firm that requires a number of tasks to be performed by the data scientists such as supply chain optimization, inventory management, and forecasting of sales. The average salary package offered at Amazon ranges from INR 5 to 45.5 lakhs per annum with the average CTC of INR 15.5 lakhs per annum.

5. Flipkart

Flipkart is an Indian e-commerce giant that requires data scientists for a wide range of roles and various operations such as customer experience, Supply Chain Management, demand shaping, fraud modeling, etc. The average salary package offered at Flipkart ranges from INR 14.5 to 42 lakhs per annum with the average CTC of INR 24 lakhs per annum.

Salary of a Data Scientist as per Job Roles

Data Scientist Salary: Location Wise

Skills Required for Data Scientist

Those who are aiming for data science as their career option might have to inculcate the following skills to stand out from the crowd and seek a challenging data science career.