Data analytics, contrary to popular belief, may not be a very complicated or stressful job. However, one fact that people mostly think of this profile is true. It is, indeed, a well-paying career option for all. The salary paid in this field is high when compared to other fields of the same experience levels, because the job of data analysts is very critical for the overall health of the company.
Every company, big or small, has large volumes of structured and unstructured data at its disposal. They need experts to draw some meaning from this data, and provide valuable insights to them. They need to understand consumer behavior trends, competitor behavior trends, sentiments among target audiences about their new products, methods to improve sales & profitability, and automation to remove duplicates and make the data crisper, more meaningful and more valuable than before.
They need the data to be presented in a visually pleasing & understanding format, so that they can take smart, data-driven decisions at the right time to stay ahead of the competition at all times. They need experts to draw analytical and predictive models from the existing data so that they can make forecasts easily. The job profile that meets all these expectations of the management is that of a data analyst. Needless to say, companies are willing to pay their data analysts handsomely, as they get to benefit the most from the reports prepared by these analysts.
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Average salaries of data analysts in Pune
The average minimum salary for data analysts in Pune is around Rs.1.8lacper year, whereas the average maximum salary is close to Rs.10lac per year. The average pay for data analysts in Pune is around Rs.4 lac per year. These minimum and maximum figures are calculated for people in the range of less than 1 year of experience to 6 years of experience in data analytics.
Top data analytics companies in Pune and the average salaries they pay
Here is a list of some of the reputed data analytics companies in Pune, and the average annual salary they offer to the data scientists in their teams:
- TCS – Rs.5lac (1-7 years of experience)
- Nvidia – Rs.3lac (0-4 years of experience)
- Cognizant – Rs.6.5lac (1 – 7 years of experience)
- Zensar Technologies – Rs.4.6lac (1-6 years of experience)
- Bajaj Finserv – Rs5.2lac (0-5 years of experience)
- EClerx – Rs.2.6lac (0 – 3 years of experience)
Which industries pay the highest salaries to their data analysts in Pune?
All industries generate data, and they need data analysts to add meaning to their data. Some industries pay more salaries than others to their data analysts based on the volumes of data that the analyst has to deal with, and the tools & techniques they need to deploy to get the required insights from the data. So, if you are looking for a high-paying data analyst job in Pune, you can try your luck in the following industries.
- Internet and Internet Enabled Services – Average pay of Rs.7.4lac per year
- Financial Services – Rs.6.5lac per year
- Software and Software Products – Rs.6.4lac per year
- IT Services & Consulting – Rs.5.4lac per year
- Analytics & Knowledge Process Outsourcing Companies – Rs.5.2lac per year
Average salaries of data scientists in Pune, based on experience levels
- Freshers or candidates with less than 3 years of experience in data analytics get an average annual pay of Rs.5.5lac
- The average annual pay for candidates with 4 to 9 years of experience in data analytics is Rs.7.7lac
- The average annual pay for candidates with 10 to 20 years of experience in data analytics is Rs.10lac
How can you increase your chances for better pay as a data scientist in Pune?
Though data analytics is one of the high-paying career options today, you might be thrilled to know that you could do a few things to get paid even more than what you are currently earning! Yes, you heard that right! You can keep these tips in mind to increase your salary-earning capacity in the field of data science not only in Pune, but wherever you work:
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- Keep learning the skills necessary for the nature of the data science job you do regularly. For example, you may know the basics of Python programming; however, you can access the unlimited libraries of Python online to use them for specific tasks like creating predictive models, working on projects that involve advanced statistical computation and more. These are niche skills, and learning how to use the Python libraries for these special tasks can increase your pay.
- It is a good idea to enroll yourself in a part-time, online certification or professional course in certain specific data science concepts like Advanced Python, Artificial Intelligence & Deep Learning, Advanced Data Visualization Tools and the like. Getting a certificate of completion from a reputed institute like 360digiTMG Pune adds a lot of value to your resume, and increases your chances for a promotion or pay hike.
- Never settle for less when taking up a job in data science. This is one of the hot career options today, and the demand for data scientists is at an all-time high currently. So, you should try to get into a healthy negotiation talk with your prospective employer on why you deserve to be paid more than what is being currently offered to you. You will be in a better position to conduct this negotiation if you have upgraded your skills, or if you hold a certificate specializing in a particular data science skill.
Data science is one of those fields where you get to learn new things every day. What is in trend today may become outdated tomorrow. So, it is important to keep yourself abreast of the latest trends in data science so that you don’t become redundant. It is also a high-paying career; therefore, employers expect their data scientists to upskill themselves regularly. As a data scientist, you should always be on the lookout for the latest tools introduced in the nature of your data science job. This way, you can always stay one step ahead of your colleagues.
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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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