Exploring Amazon Data Scientist Salary Trends in India: 2024

Data Science is not new; the International Association for Statistical Computing (IASC) 1977 started using data for information and stealth purposes. Back then, this was just a theory, but now there are Data Scientists who analyse problems and predict trends, making them one of the most sought-after individuals in the industry. The platform which is most famous for Data Scientists is Amazon. 

An Amazon Data Scientist salary can vary between INR 19 to 50 lakhs p.a. which is 174% more than what an average Data Scientist make across other companies.

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Let’s dive in to further explore Amazon data scientist salary in India to redeem a greater insight into how these figures change!

Why Data Scientist Salary is High in India?

To become a Data Scientist, one must achieve perfection in Programming, Computer Science, Statistics and Mathematics. As the process of becoming a Data Scientist is extremely difficult in India, lucrative opportunities with attractive packages come as no surprise. One more reason contributing to the high salaries is Indian Data Scientists are known to have expertise in analysing problems and determining future problems, also known as trends, which exposes them to exciting opportunities across more lucrative positions. 

How to Be a Data Scientist?

To be eligible for a Data Scientist role, you must be a graduate who has scored more than 50% in their graduation. Graduation under a relevant concentration is also important. Disciplines such as computer science, information technology, mathematics and statistics can prove to be helpful in the long run. 

If you’re hoping to obtain a position and a high Data Scientist salary in Amazon India, ensure obtaining relevant work experience and certifications. For instance, a Master’s Degree in Data Science from upGrad can help you inherit in-demand skills to become a part of this industry. 

Data Scientist Job Roles and Salaries

The average salary of a Data Scientist depends on a variety of factors that keep on oscillating with time and trends. An individual with experience of 1-8 years can expect a salary of INR 3.6 – 25.6 lakhs p.a. The work given for this salary can include solving problems, managing data, interpreting data, and providing expertise in data-related problems.

In India, there can be around 16,500 Data Scientists by 2025. In a recent study, it is seen that most Data Scientists from India draw more than INR 28 lakhs every year and approx 1400 Data Scientists earn around INR 1 crore every year. 

Factors Affecting Amazon Data Scientist Salary in India

The factors affecting Amazon Data Scientist salary in India are:

1. Job roles  

Data Scientist salary in Amazon India can drastically vary considering their role within an organisation. From Junior Data Scientist to Principal Data Scientist, a change in job role significantly impacts the salary one earns under Amazon.

2. Experience 

A Data Scientist with experience is much more valuable than someone with none. Experience plays a key role in determining the salary of an employee, and as we have seen, Data Scientists with experience are paid much more than an average Data Scientist.

3. Location

In India, being in a metropolitan city like Kolkata, Hyderabad, or Bangalore can significantly affect your salary package. The reason is that in a metropolitan city, more technological work can be found compared to a non-metropolitan city. As Data Scientists have earned their fame in solving data-related problems, staying in a place with more data-related concerns makes much more sense. 

4. Skills 

There are many skills a Data Scientist can master. They can learn Python, Artificial Intelligence (AI), Data Science, Machine learning, etc. The more skills a Data Scientist perfects, the better salary one can obtain.

Amazon Data Scientist Salary in Other Countries

Amazon is a multinational company, having branches in 5 continents and more than 20 countries. In India, an average Data Scientist earns INR 10 lakhs p.a., but for the same job, Amazon offers INR 15.47 lakhs which in comparison is 22% more than the base salaries offer. In other countries like the United States of America, Data Scientists make around USD 100k p.a. In the United Kingdom, around GBP 50 – 65 thousand, and in the Gulf countries, around AED 2,25,000 – AED 2,50,000.

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Future Scope of Data Scientists in India

As the world is constantly evolving and newer technologies are arising daily, a developing country like India has high scope for Data Scientists in the days to come. In the future, Data Scientists will transition through a staggering growth period, lading them with lucrative roles under top conglomerates of the planet. Every company will want the best software in their technologies, thus making Data Scientists assets for these firms. As long as Data Scientists solve technological problems and act as middlemen between humans and computers, they can’t be ridden easily.

Difference Between a Data Scientist and Data Analyst

For freshers who wish to have a career in analytics, Data Analyst is an easy and suitable job for you. As for those who wish to advance to newer levels and solve advanced machinery and data-related problems, even though it’s hard, becoming a Data Scientist is a better choice for you.

A Data Analyst decodes existing data, whereas a Data Scientist finds newer ways to make the data decodable. The best employer for both these professions is Amazon. An Amazon Data Analyst’s salary is good, but an Amazon Data Scientist’s salary is higher.

The demand for Data Scientists exceeds the demand for Data Analysts, and the theoretical knowledge and practical expertise of Data Scientists make them more valuable to companies. 

How to Prepare for Data Scientist Interviews to Land the Best Jobs?

There are many tips for those who wish to crack the perfect interview; just follow these steps:

• Go to the company’s website
• Research the company
• Study the company’s competitors
• Review the position you wish to take
• Study your position well
• Know the interest you have in the company
• Practice frequently asked questions

Top 10 Highest-Paying Data Science Jobs in India

The top Data Science jobs that can earn you a lot of money are listed below:

• Data Scientist

• Data Analyst

• Data Architect

• Enterprise Architect

• Business Intelligence Developer

• Infrastructure Engineer

• Infrastructure Architect

• Machine Learning Engineer

• Database Manager
• Database Developer

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Difference Between a Fresher and an Experienced Data Scientist

There is no doubt that an experienced Data Scientist earns more than a fresher, but this experienced individual must have started somewhere too. The best way to enter the Data Science industry is through internships. The things one learns at that early age give them an advantage in the long run. 

The journey of being a fresher to an experienced individual can start from college, which later can turn into the stepping stone to getting a full-time job. The work experience gained and time invested by you is valued deeply by the companies and will only strengthen the bond between you and them. Attaining newer positions may take time, but during this time, you’ll be gaining experience, which will open the doors of success for you later on in life.

The difference between a fresher and an experienced Data Scientist is time. The more time invested, the better the results are. 

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List of Competitive Companies

Besides Amazon, several other companies extend attractive packages to Data Scientists. Let’s take a look! 

1. Accenture 

Accenture provides its employees with an average salary of INR 14.7 lakhs p.a. for the experience of 2-7 years.

2. Oracle 

Oracle offers an average salary of INR 15.4 lakhs to its Data Scientist employees.

3. Splunk 

The average annual salary for Data Scientists at Splunk is INR 6.5 lakhs.

4. OpenText 

The average salary at OpenText for Data Scientists is INR 16.4 lakhs p.a.

5. Walmart Global Tech 

Walmart Global Tech offers the highest salary for a Data Scientist, averaging INR 27.85 lakhs per annum.

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Conclusion

Figures speak for the growing number of potential opportunities making their way toward Indian candidates to obtain Data Scientist roles in leading organisations like Amazon. The best way to become a part of this revolution is to consistently upskill, and the best place to upskill is upGrad!

upGrad’s Master’s Degree in Data Science can be the push your career demands to skyrocket its growth!

Partnered with leading institutes like Liverpool John Moores University and the International Institute of Information Technology Bangalore (IIIT-B, this course grants you access to a global network of accomplished alumni and skilled peers to expand your professional horizon. From in-demand skills to an expert-led curriculum, the course has it all!

You can also check out our free courses offered by upGrad in Management, Data Science, Machine Learning, Digital Marketing, and Technology. All of these courses have top-notch learning resources, weekly live lectures, industry assignments, and a certificate of course completion – all free of cost!

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