Careers with high chances of success rate in India - Data Scientist (2024)

Careers with high chances of success rate in India - Data Scientist (1)

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Data Scientist

One of the highest-paying jobs in India, data science offers certified experts a salary between 4 and 12 lacs even if they have little to no prior experience in the field. With five years of experience, data scientists are paid between 60 and 70 LPA. One of the best jobs in India is that of a data scientist, who will have opportunities in some of the highest-paying Indian companies for the highest-paying jobs in the world in 2023.

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Careers with high chances of success rate in India - Data Scientist (2)

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Doctors

The average salary for healthcare professionals in India is approximately 10 LPA, according to the standard pay scale for medical professionals in India. More than 25% of health care workers receive a yearly salary of 20 LPA. The salary package of medical experts is typically determined by their specialisation stream. Along with more conventional specialties like dentistry, optometry, and pharmacy, promising and well-paying career paths in the healthcare industry now include areas like healthcare administration, nursing and medical assisting, home health aide, etc.

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Careers with high chances of success rate in India - Data Scientist (3)

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​Experts in machine learning​

Artificial intelligence (AI) is currently very popular and has a huge competitive advantage across industries. One of the best industries to work in right now is machine learning, which is an extension of artificial intelligence. Experts in machine learning should also be proficient in statistical analysis. They must be able to create ML applications and algorithms that organisations can use to perform better. With a few years of experience, you could make up to INR 5–6 lakhs if you apply for a job as a machine learning expert.

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Careers with high chances of success rate in India - Data Scientist (4)

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Product management

The demand for product management has grown as a result of India's expanding developments in numerous industries. Designing, developing, and responsibly managing a product's developing strategy, marketing, etc. is a crucial part of a product manager's job. After completing a course in product management, you can land the best jobs in India with a high salary. The annual average pay for this position is INR 14.40 lakhs. A new employee may begin at INR 7-8 LPA and work their way up to INR 17-26 LPA.

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Careers with high chances of success rate in India - Data Scientist (5)

We have all witnessed the global dominance of blockchain technology in recent years. Data handling, currency exchanges, data security, and internet connectivity have all been redefined as a result. The need for blockchain developers in India has risen as a result of the growing dependence. Consequently, it is one of the jobs with the highest pay. For this position, engineers or IT professionals with training in computer science, mathematics, and/or statistics are compensated with annual salaries of INR 8 lakhs and above.

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Careers with high chances of success rate in India - Data Scientist (6)

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​​Investment banker​

An investment banker assists their client (a bank or a firm), invest their money wisely for the best returns, making it one of the highest paying jobs in the world. Dealing with money, both your own and that of others, is the stuff of dreams and one of the highest-paying jobs in India. It has always been one of the best jobs in India. Investment bankers in India earn an average salary between 4 and 40 LPA, ranking among the highest-paid professions in the country. The pay range for new hires is 10 to 12 LPA. Professionals in their mid-career and experienced can earn up to 30 LPA and more as their experience increases.

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Careers with high chances of success rate in India - Data Scientist (7)

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Chartered accountant

One of the top 10 highest paying jobs in India, the salary of a CA can range from Rs. 6-7 LPA to Rs. 30 LPA or more, depending on the level of expertise and experience. However, as India's population of taxpayers continues to expand annually, so does the demand for CAs. CAs are employed by a variety of businesses, from large corporations to small businesses, to act as financial advisors.

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Careers with high chances of success rate in India - Data Scientist (2024)

FAQs

Careers with high chances of success rate in India - Data Scientist? ›

One of the highest-paying jobs in India, data science offers certified experts a salary between 4 and 12 lacs even if they have little to no prior experience in the field. With five years of experience, data scientists are paid between 60 and 70 LPA.

Who is the successful data scientist in India? ›

Joy Mustafi is considered one of the top ten data scientists in India. having twenty years of expertise in the business, research, and academic sectors. He has been awarded the 2017 Zinnov Award for Technological Role Model.

Are data scientists in demand in India? ›

Data science is an emerging field in India with huge potential and opportunities for growth. As more companies make decisions based on data, the demand for data scientists is expected to increase exponentially in the coming years.

Can a data scientist earn 1 crore in India? ›

Can a Data Scientist make one crore? In India, a Junior Data Scientist can earn 3.46 to 20 LPA with experience, and a Senior Data Scientist can earn 10 to 45 LPA. In India, a Lead Data Scientist earns between 24 Lakhs and 1 Crore per year.

Is IT hard to become a data scientist in India? ›

Arduous Job: This profession requires its candidates to possess a lot of knowledge and skill. The candidate must be at the top of Data Science, Mathematics and Computer Science to completely master this profession and therefore, it is nearly impossible to do so.

Is data science a safe career in India? ›

Data science is a strong career for professionals in India who enjoy working with data and have the required skills and educational background to succeed. The field continues to evolve, with many jobs in major cities like Bengaluru, Hyderabad, and Chennai.

What is the real salary of data scientist in India? ›

Average Annual Salary by Experience

Data Scientist salary in India with less than 1 year of experience to 8 years ranges from ₹ 3.8 Lakhs to ₹ 28.0 Lakhs with an average annual salary of ₹ 14.4 Lakhs based on 42.3k latest salaries.

Can an Indian Data Scientist get a job in us? ›

Yes, an Indian data scientist can work in the USA. To do so, they generally need to secure a work visa, such as the H-1B visa, often used by skilled professionals to work in the USA. The process involves finding a job with a U.S. employer willing to sponsor the visa.

Which company hires most Data Scientist in India? ›

  • Infosys. 3.7. 1.1L. Reviews. 1.1L. ...
  • IBM. 4.0. 1.2L. Reviews. 38.3T. ...
  • Microsoft. 4.3. 56.1T. Reviews. 12.1T. Salaries. ...
  • Deloitte. 4.0. 1.2L. Reviews. 42.6T. Salaries. ...
  • Cognizant Technology Solutions. 3.7. 1.1L. Reviews. 92.7T. Salaries. ...
  • Amazon. 3.7. 2.1L. Reviews. 52.6T. Salaries. ...
  • Wipro. 3.7. 62.2T. Reviews. 55.9T. Salaries. ...
  • EY. 3.8. 86.5T. Reviews. 24T. Salaries.

What is the salary of Data Scientist in Netflix India? ›

Netflix Data Scientist Salary FAQs

Average Netflix Data Scientist salary in India is ₹40.4 Lakhs for less than 1 year of experience to 7 years. Data Scientist salary at Netflix India ranges between ₹21.0 Lakhs to ₹70.0 Lakhs.

What jobs pay 1 crore in India? ›

1 crore salary in per month jobs
  • Manager. PhonePe. ...
  • school sales manager. Jobs clap. ...
  • Field recruiters. Delhivery Pvt. ...
  • Relationship Manager. Ferdinand Wealth Management. ...
  • Assistant Manager - HR & Admin. MITSU CHEM PLAST LTD. ...
  • Portfolio Development Manager. CRIETOR GROUP. ...
  • Head HR. Autotex. ...
  • Junior Recruiter. Nway Technologies Pvt Ltd.

How common is 1 crore salary in India? ›

As of December 31, 2023, over 2.16 lakh individuals in India earned above ₹1 crore annually. The number of such earners has increased, with robust personal income tax collections growing at 27.6% year-on-year.

How to earn 1 crore in 5 years in India? ›

Kukreja says since debt funds usually generate lower returns than equity funds for investment horizons of 5 years or more. Thus, assuming an annualised returns of 7 per cent from debt funds, an investor would need to invest Rs 1.40 lakh per month through SIP to create a corpus of Rs 1 crore in 5 years.

Is there shortage of data scientist in India? ›

Talent Shortage: There is a dearth of qualified data scientists with sophisticated analytics, machine learning, and artificial intelligence skills in India, despite the country's large talent pool.

How to become a top 1% data scientist? ›

  1. Learn data wrangling, data visualization, and reporting.
  2. Work on your statistics, math, and machine learning skills.
  3. Learn to code.
  4. Understand databases.
  5. Learn to work with big data.
  6. Get experience, practice, and meet fellow data scientists.
  7. Take an internship or apply for a job.
  8. Follow and engage with the community.

What is the future of data scientist in India? ›

The worldwide market for data science is expected to grow to about $103 billion by 2027. This growth is a big reason why the market for data science education in India is predicted to reach $1.39 billion by 2028. Prominent Indian IT companies have made significant investments to develop advanced analytics skills.

Who is the father of data science in India? ›

Prasanta Chandra Mahalanobis is also known as the father of Indian Statistics. He was a physicist by training, a statistician by instinct and a planner by conviction.

Who is the youngest Data Scientist in India? ›

Today with us we have a person who became the youngest Data Scientist in Asia at the age of Just 12. His name is Siddharth Pilli he is a part of Montaigne Smart Business Solutions and Works( too good to be true)as a Data Science associate in lead builder which is basically a marketing tool!

Which IT company is best for data science in India? ›

Top 10 Data Science Companies in India – ELE Times
  • Genpact: Nurturing Data Science Excellence. ...
  • TheMathCompany: Multinational Excellence in Data Analytics. ...
  • Mu Sigma: Leading in Decision Science and Analytics Solutions. ...
  • IBM: A Century of Global Technology Solutions. ...
  • Oracle: Pioneering IT Services and Data Analytics.
Jan 10, 2024

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