Salary of a Data scientist for Freshers get paid relatively more than then any other field due its demand, they can be paid up-to a salary of 6-7 Lakhs per annum (LPA) minus any experience, a 3-7 years experienced professional can expect a salary package around 10-11 LPA and anyone with more than 7-10 years of experience can expect, 20-30 LPA .
Career opportunities in tier 2 cities is higher, but the pay-scale of Tier 1 cities is much higher.
E-commerce offers a more rewarding career with great pay-scale especially for Fresher’s, offering close to a package of 7-8 LPA, while a decent Analytics service provider offers the lowest packages, 6 LPA.
It is often advised to combine your skills such as SAS, R Python, or any open source tools to get a better package, can offer a package around 13 LPA.
Machine Learning is the relatively a new entrant in analytics field, attracting better packages when compared to the skills of big data, however for a significant leverage, acquiring the skill sets of both Big Data and Machine Learning can fetch you a starting salary of around 13 LPA.
Having a combination of knowledge and skills makes you unique in the job market and hence attracts high pay packages.
If you can pick up top five tools of big data analytics, like R, Python, SAS, Tableau, Spark along with having a knowldege about popular Machine Learning Algorithms, NoSQL Databases, Data Visualization, will make you irresistible for any job recruiter, where you can demand a high pay package.
In the field of data dcience, you can upscale Salary of a Data scientist by upskilling your current skillset.
So there is no doubt about the surging demand for data scientists in the 21st century.
Also Check out : Placement of Data Science Engineers
