Today, companies and businesses are struggling with how to make sense of the vast amount of data that they are receiving with each passing day in order to make data-driven decisions.
Because it is the data that can help them measure performance, market trends, competition, and consumer behavior or interest, and after turning it into useful information they can make even more better decisions and enhance productivity. Looking forward to becoming a Data Scientist? Check out the Data Science Course with Placement and get certified today.
To capture, analyze and transform raw data into a useful form, companies need data scientists who know how to turn a sea of data into actionable insights and make data-driven decisions to stay competitive in the market.
That’s why every other company wants to hire them for such jobs, and this has made the data scientist the most sought after and highest paid profession. Also, check these Data Science Classes in Chennai to start a career in Data Science.
But even in 2021, there is a huge shortage of data scientists who know how to use skills, tools, and minds to achieve those goals. Every company wants to hire skilled data scientists, even if they have to pay a hefty salary to those with the right skills.
From the above, it is clear that data scientist is a highly paid career with a lot of job opportunities but the question is how much money do data scientists earn in Bangalore?
So, in this article, we will share with you some salary stats of data scientists in Bangalore but before moving on to that you should know what a data scientist does and what the data scientist career outlook is in India.
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ToggleWhat does a data scientist do?
Because data scientists are individuals who are equipped with all the necessary skills and are proficient in all data science tools, so their main job is to collect data and analyze business intelligence to determine how the data can be used to accelerate the company and compete in the market.
These are people who have experience and expertise in both IT and business and work closely with business stakeholders to provide them with the best solutions based on data results.
This is not all that a data scientist does, but they are also responsible for data modeling, developing algorithms, and predictive models so that they can use them to analyze and process the data more efficiently.
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What is Data Science Career Outlook?
Well, there are a lot of career opportunities for data scientists in India, especially in Bangalore, as it is the hub of tech industries in India.
And it is also true that India is the second-largest country after the United States to hire professional data scientists.
According to many studies and studies in India, as of August 2020, about 93,000 jobs in the data science field were vacant due to a shortage of qualified people.
At the same time, the future of the data science field is expected to be very exciting in India as 11 million jobs are expected worldwide by 2016.
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What is the salary of a data scientist in Bangalore?
Now it’s time to find out how much data scientists earn in Bangalore and with what experience.
For this, we will use the two most popular websites called PayScale & Indeed.com to find out the average salary rates.
Both websites show us the average salary of a data scientist in a particular city or country based on the salaries submitted by the real data scientists. Want to learn more about data science? Enroll in the Data Science Training in Hyderabad to do so
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PayScale
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< 1 Year of Experience
With less than a year of experience in Bangalore, the average salary that a data scientist gets is around ₹388k per year.
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1-4 Year of Experiences
If a data scientist has 1-4 years of experience, he earns about ₹986k per year.
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5-9 Year of Experience
The maximum salary of a data scientist in Bangalore and with a maximum of 5-9 years of experience is around ₹2m per annum, which is amazing.
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Indeed
According to Indeed.com, Bangalore is one of the top cities in India where data scientists are paid the highest salaries. In fact, the average salary of a data scientist in Bangalore according to Indeed is ₹10,07,890 per year and ₹69,674 per month, based on the 101 salaries submitted by the real data scientists. And the highest-paid company for data scientists in Bangalore is ASL, which pays ₹99,946 per month.
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