How To Become a Highly Paid Data Scientist In India?

Published on:

07 Jul 2022, 6:30 am

One of the well-paying careers that may give data scientists a stable living is data science.

With each passing year, India's technology advances, and its level of development rises, creating more work possibilities and increasing employment. Data science is more in demand and offers more job opportunities, especially if we focus on computer courses, where demand is only growing due to digitalization. As the primary responsibility of a data scientist is to collect, analyze, and interpret complicated data to support corporate decision-making. All you need after finishing the course is a placement.

Who is a data scientist?

Data scientists are analytical data specialists with the technological know-how to handle challenging issues. They gather, analyze, and interpret vast volumes of data while working with a variety of computer science, mathematics, and statistics-related concepts. They must offer perspectives that go beyond statistical analysis. Data scientist positions are accessible in both the public and commercial sectors, including banking, consulting, manufacturing, pharmaceuticals, government, and education. The work of a data scientist is highly transferrable.

Skills required to become a data scientist?

The secret to being more current and competitive in the market and having a well-paying profession is to obtain an advanced data science certification. However, to pursue a successful career in data science, you must have certain data scientist capabilities.

Basic Skills: being able to arrange data for analysis effectively

This ability would enable you to:

Data provision, gathering, arrangement, processing, and modeling
Enormous amounts of organized or unstructured data for analysis
Prepare and present facts most effectively for making decisions and addressing problems.

Possibility of utilizing platforms for self-service analytics

This ability will allow you to:

Recognize the advantages and difficulties of employing data visualization.
possess a fundamental knowledge of market solutions
When producing analytics, be aware of and use best practices.
possess the capacity to distribute outcomes via dashboards or self-service software

The capacity to create maintainable, efficient code

This ability allows you to

Deal directly with the software used to process, analyze, and display data.
Assemble software or algorithms for data analysis
Utilize API to gather and prepare data

The capacity to use mathematics and statistics effectively

This ability will allow you to:

Conduct exploratory data analysis to find key trends and linkages
Use statistical analysis to separate signals from noise.
Recognize the benefits and drawbacks of various test models, as well as how and why they apply to a particular issue.

Ability to use artificial intelligence and machine learning

This ability allows you to

Know when and how artificial intelligence and machine learning are appropriate for use in business.
To create effective artificial intelligence solutions, and train and use models.
Describe models and projections using relevant business terminology

Key skills required to be data scientists

SAS

SAS is a software package for reporting, advanced analytics, and information management. It is an industry leader in analytics and is utilized by more than 60,000 enterprises across 135 countries. Despite its pricing exclusivity, it is the most widely utilized software in the Indian analytics industry.

MATLAB

MATLAB is a statistical computer program created by Mathworks. It includes a wide range of capabilities and add-ons that support diverse data analytics. It enables matrix manipulation, function and data visualization, algorithm execution, and user interface development.

Programming in R

For statistical computation and graphics, R is an open-source programming language and software environment. Both statisticians and data miners frequently utilize it. According to an O'Reilly Survey conducted in 2014, it has grown in popularity over time and was the second-most commonly used data science language (behind SQL) and one of the key competencies with the highest pay for data scientists. R is already used by data scientists at several large corporations, including Facebook and Google.

Python

One of the most popular programming languages utilized in data science positions is Python. After SQL, it is the expertise that employers most value, according to KDNuggets. Python was first used to build the Google App Engine, which is another reason why it is Google's official language. More large businesses that utilize Python are Quora and IBM.

SQL

A strong tool and one of the most sought-after technical skills in data science, SQL is used by many seasoned data scientists. The database management language SQL is used for relational databases. The trio of programming languages—SQL, R, and Python—should be mastered by any data scientist worth their salt.

Hadoop

The ability to utilize Hadoop to manage enormous volumes of data is one of the most crucial skills for data scientists to possess, even if it is not necessary to be a successful data scientist. This Java-based programming framework processes massive volumes of data using a distributed computing environment.

The top-paying position in India is "data scientist," according to upgrad.com. Glassdoor reports that the average wage for data scientists is above 1,000,000 rupees annually, with more experienced applicants earning up to 2,000,000 rupees. Of course, businesses with headquarters in major cities like Mumbai and Bangalore pay more. But be aware that things might suddenly change. Hyderabad is far more inexpensive than other international cities, hence many multinational corporations choose to locate there. It is understandable why household names like Facebook, Microsoft, Google, Amazon, and P&G have already made Hyderabad their home. And it means that data scientists in India will have even more job options.