Top High paying Data Science Jobs in 2021

Top High-paying Data Science Jobs in 2021

Top High paying Data Science Jobs in 2021 1

Did you know that to download all the data from the internet today, it would take a person around 182 million years!

Analytics, data science, machine learning, and artificial intelligence – these are the buzzwords of the 21st century. We often keep hearing that data is the future. 

What is Data Science? 

The art of extracting meaningful insights from heaps of raw data is known as data science. With each passing day, the amount of information being generated is growing exponentially. And it is only going to increase. What is to be done with all this data and information is answered by the domain of data science.

It is an up-and-coming field and professionals who are interested in pursuing their career in this field would be responsible for data acquisition, data processing, data mining and modeling, data visualization, and analysis. For all these processes, different types of skills are required. Hence, a data science professional should pursue a data scientist course to enhance their technical skills such as Python, SQL, statistics, R, multivariate analysis, data visualization, machine learning, architectural design systems analysis, enterprise architecture, and database administration.

There is no industry, business or sector that does not use data science – be it the healthcare sector, entertainment industry, cybersecurity, and so on.

Since data science has been on the rise, it has become one of the highest paying fields all over the world. 

Some of the top high-paying data science job roles in India are –

  1. Data Scientist

A data scientist‘s job is to gather and analyze huge sets of data that can be structured as well as unstructured. After analyzing the data, a data scientist models this data and gains valuable insights from it for companies to create business plans. The role of a data scientist is more technical and includes knowledge of statistics, mathematics, and computer science. The average salary of a data scientist in India is around Rs. 10,00,000 per annum.

  1. Data Analyst

While the role of a data scientist lies more on the technical side, the job of a data analyst is to translate the numerical or statistical data into layman’s terms as per the customer’s requirements. They analyze data to answer business problems and devise marketing strategies, based on various factors. In addition to possessing technical skills, data analysts should also be creative. The average salary of a data analyst in India is approximately Rs. 6,00,000 per annum.

  1. Business Intelligence Analyst

It is a business intelligence analyst’s responsibility to make strategic plans for businesses. They mine data using tools and software and provide decision-makers with valuable information to enable them to strengthen their market position, improve the customer experience as well as workflow efficiency. A business intelligence analyst’s average salary in India is around Rs. 5,80,000 per annum.

  1. Machine Learning Engineer

Machine learning engineers have strong programming as well as statistical skills. Their responsibility is to deliver software solutions, run tests and experiments to monitor the performance and functionality of the system. The average salary of a machine learning engineer in India is around Rs. 7,00,000 per annum.

  1. Statistician

The job of a statistician is a fast-paced one. Their job role includes the collection, analysis, interpretation, and communication of the data. Apart from that, a statistician also assists in setting up strategies. A statistician’s average salary per annum in India is around Rs. 5,10,000.

  1. Data Architect

A data architect designs database systems and the enterprise management framework of an organization. They assess the potential data source of a company and design a strategy to integrate, protect and maintain it. They are responsible for the translation of an organization’s business requirements to its technical requirements. The average salary of a data architect in India is around Rs. 19,00,000.

  1. Data Engineer

The job role of a data engineer is to find trends in data sets and to develop algorithms that assist in making raw data more useful for an enterprise. They also need to understand the requirements of the enterprise to be able to design the appropriate algorithms and develop reports and other data visualizations. A data engineer’s approximate salary in India is Rs. 8,00,000 per annum.

  1. Quantitative Analyst

A quantitative analyst takes up financial and risk management problems and applies statistical as well as mathematical methods to these problems. Their job is to manage risks and identify opportunities that can turn out to be profitable investments. A quantitative analyst can expect to earn around Rs. 9,50,000 per annum in India.

  1. Database Administrator

A database administrator is responsible for creating databases that meet the needs of the organization. Their responsibility is to oversee storage, troubleshooting, database updates and security. They are responsible for ensuring that there is no inconsistency in data across the database. The average salary of a database administrator is Rs. 5,00,000 per annum.

  1. Enterprise Architect

The role of an enterprise architect is to ensure that proper technology systems and architecture is used by a company’s business strategy. They report directly to the chief information officer. They analyze the latest technology trends and determine whether they are appropriate for a company or not. An enterprise architect can expect to earn close to Rs. 30,00,000 per annum in India.

  1. Applications Architect

An applications architect supervises how users of an application are interacting with it. Their main role is to design the architecture of applications using the user interface and other such components. The average salary of an applications architect in India is around Rs. 20,00,000.

  1. Infrastructure Architect

The responsibility of an infrastructure architect is to oversee business systems for support of the latest technological requirements. Cloud infrastructure architects are also hired for supervising the cloud strategies of an organization. An infrastructure architect earns a salary of around Rs. 19,00,000 in India.

Depending upon an individual’s skillsets, there are various opportunities and job roles in the field of data science since the field of data science is growing and the demand for data science professionals is also increasing with it.

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