If you are looking for a job in a high-paying field, you can consider pursuing a career in data science. In the last decade, data science, as a field has grown quite a lot. The average annual salaries have also gone up for data scientists in the recent past, even at the fresher’s level. So, if you possess the right technical and soft skills required for a data scientist, here is your golden chance to get into this world in style, and start earning a lot, much to the envy of your friends!
As you read through this article, you will understand more about the job profile of data scientists, and the skills they need to have to shine in this field. Today, India is growing phenomenally, with many companies being set up in big and small cities every day.
Pune is one such city, and it has witnessed remarkable economic development in the last 3 to 5 years due to the establishment of many IT and software companies. So, the city doesn’t have any dearth of data. Each company wants to hire data scientists, as they know the value these people bring to the table.
What does a data scientist do?
Data scientists deal with large volumes of data every day in their careers. They are not called data wranglers without any reason. They collect and scrutinize large volumes and convert them into a structured form by using various techniques. With this structured data on hand, they establish trends between the variables, create predictive and analytical models for the management, represent the data in the proper format, and provide insights to the business on the overall performance to help them make critical decisions.
What skills will make you a good data scientist?
You should have a strong knowledge of mathematics, statistics, programming languages, querying languages, coding, data analysis tools and data visualization tools to become a successful data scientist. The most important skills you should have in this field are:
- Python and R skills
- Dealing with SQL databases
- Advanced Excel and other analysis tools
- Power BI, Tableau and other visualization tools
- Business Intelligence and Artificial Intelligence Concepts
- Machine Learning and Algorithms Creation
- Statistical concepts like probability distribution, hypothesis testing, regression analysis and more
- Soft skills like number-crunching, creating stories from numbers, understanding patterns, problem-solving, ability to draw inferences quickly, knowing to work in a team, out-of-the-box thinking and flexibility
Even if you feel you lack in one of these skills but are very good in others, you should take up a short data science course from reputed institutes like 360digiTMG Pune to learn what you don’t know, before applying for a job in this field. The more technical skills you have, the higher the chances for you to bag your dream job!
What is the salary package of data scientists in Pune?
Data scientists are paid quite well, because they are responsible for some key functions in a company like the following:
- Adding more value and meaning to the huge volumes of unstructured data lying around by converting them to a structured form
- Using the latest data analytics & data science tools to help management understand the true potential and worth of its business, and take decisions accordingly
- Helping the management to understand the patterns and trends hidden within the data by applying the latest machine learning and computing techniques
- Making data more accurate than before using the right cleansing and validation tools
- Helping the management take important, data-driven decisions that will not only help the overall business, but also add more value to the stakeholders
Salary by experience level
The approximate salaries of data scientists based on their experience levels are as follows:
- 0 to 1 year of experience – Rs.5.11lac per year
- 2 to 4 years of experience – Rs.7.7lac per year
- 5 to 9 years of experience Rs.12 to Rs.14lac per year
- Senior level positions – anywhere between Rs.24lac per year and Rs.1crore per year
Pune is one of those locations where a data scientist is paid handsomely when compared with other locations. A data scientist in Pune gets an average annual salary of Rs.7.25lac per year, which may be less than the pay for scientists in Bangalore (Rs.9.80lac per year). However, it is definitely way more than the average annual salary for data scientists in Kolkata (Rs.4.0lac per year).
Salary based on companies in Pune
There are many companies in Pune that pay their data scientists quite well. Here are the details:
- TCS – Rs.8lac per year
- Vodafone Idea – Rs.13.4 lac per year (for up to 12 years of experience)
- Persistent Systems – Rs.8lac per year
- Xoriant – Rs.8.3lac per year
- Barclays – Rs.18lac per year (for up to 10 years of experience)
- T Systems – Rs.13.5lac per year (for candidates with 8 years of experience)
- Amdocs – Rs.8.6lac per year
- Bajaj Finserv – Rs.13lac per year (for 6 years of experience)
- AlgoAnalytics Financial Consultancy – Rs.9lac per year
Upgrade yourself now!
Do you also want to take up a rewarding career in data science and work for one of these biggies? The first thing you have to do is to upgrade your skills and get to learn the latest trends in the concepts of mathematics, computer programming and statistics. This will help you understand what to expect in the real-world scenario, when you get into the field of data analytics.
Pursue a career in Data Science with the number one training institute 360DigiTMG. Enroll in the best data science courses in Pune with Placement to start your journey.
The second thing you should do is to choose a good institute to do your course from. An institute like 360digiTMG Pune is a great choice to consider to help you set foot on the career path of becoming a data scientist. The data science course here are taught by some of the most brilliant minds in the field, and you can also get assured of placements in these courses.
At 360digiTMG, all the data science courses are well-structured, covering all important concepts in various detailed modules. The blend of classroom sessions, assignments and live projects makes these courses interesting, fun, and a huge value-add for you.
Navigate to Address:
360DigiTMG – Data Analytics, Data Science Course Training in Pune
No. 408, 4th Floor Saarrthi Success Square, near Maharshi Karve Statue, opp. Hotel Sheetal, Kothrud, Pune, Maharashtra 411038
089995 92875
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