Blog_Banner_Asset
    Homebreadcumb forward arrow iconBlogbreadcumb forward arrow iconData Sciencebreadcumb forward arrow iconData Analyst Salary in India in 2024 [For Freshers & Experienced]

Data Analyst Salary in India in 2024 [For Freshers & Experienced]

Last updated:
20th May, 2024
Views
Read Time
35 Mins
share image icon
In this article
Chevron in toc
View All
Data Analyst Salary in India in 2024 [For Freshers & Experienced]

Summary:

In this Article, you will learn about Data Analyst Salary in India in 2024.

Data Science Job rolesAverage Salary per Annum
Data Scientist₹698,413 per year
Data Engineer₹8,56,643 per year
Data Analyst₹424,414 per year

Read more to know each in detail.

Wondering what is the range of Data Analyst salary in India?

Data Analysis become one of the most high-in-demand jobs around the world. As a result, a Data Analyst salary in India is significantly higher than other software related professionals. Check out our data science free courses to get an edge over the competition.

Data analysts use mathematical and analytical techniques to convert data into valuable insights that drive informed business decisions. As the volume of data accessible to organizations grows, the need for proficient data analysts to analyze and interpret it also increases.

Thus, if you have the required skillset and are ready to keep yourself updated, your career as a Data Analyst is expected to keep growing onwards and upwards. This line stands true especially when we consider that a data analyst salary in India is directly or indirectly dependent on how upskilled and updated they are.

Across the world, people send an average of 188 million emails, watch 4.5 million YouTube videos, and exchange 18.1 million text messages each minute.

You can also consider doing our Python Bootcamp course from upGrad to upskill your career.

Cut short; we generate over 2.5 quintillion bytes of data each day.

Preparing for a data analyst role? Sharpen your interview skills with our comprehensive list of data analyst interview questions and answers to confidently tackle any challenge thrown your way.

Demand for Data Analysts is on Rise

Naturally, this generates and adds to an ever-increasing pile of data, which brings forth the need for someone who could analyze huge heaps of data and help make sense of it.

Therefore, the buzz around a data analyst’s job role has increased significantly over the last few years. Of course, as you research what is data analyst and what the possible data analyst salary Pune, data analyst salary Delhi, data analyst salary Chennai, or data analyst salary Hyderabad could be, you might realize that the demand for the profile is immense. At least by the Indian job market standards.

Let’s take a look at who exactly is a Data Analyst and what is a typical data analyst salary in India?

Who is a Data Analyst & what do they do?

Data Analysts are professionals who translate numbers, statistics, figures, into plain English for everyone to understand. Join our fullstack development bootcamp course if you are interested.

Given the circumstances, there’s always an increasing scope for Data Analysts at the workplace, and it may be an excellent choice for those who have a strong foothold in mathematics, statistics, computer science or business backgrounds. This position includes data mining, fluency in languages like SQL, Python, etc. to extract the relevant insights from the data sets as well as channeling those ideas through visualizations and reports.

A Data Analyst collects, stores, and interprets data to transform it into valuable business insights that can be used to improve business operations and foster data-driven decision making. Since this job role involves parsing through data, analyzing it, and interpreting it, it is primarily analytical. The increasing demand for data analysts are increasing the data analyst salary in India.

Once Data Analysts are able to interpret the hidden information from within large datasets, they must be able to communicate that information effectively to all the stakeholders involved – colleagues, business & management teams, clients, company partners, etc. Because of the demand, data analyst salary in India is one of the highest.

Learn data science courses from the World’s top Universities. Earn Executive PG Programs, Advanced Certificate Programs, or Masters Programs to fast-track your career.

Skills required for the profile of a Data Analyst 

1. Solid Domain Understanding

Data Analytics skills help in problem-solving. They need to understand the variables in a business, the levers that they can potentially move to bring about a significant positive change, the external and internal factors that affect its growth, and model all necessary decisions accordingly. Business understanding is a must-have and one of the most critical skills if you aspire to become a data analyst and directly impacts the data analyst salary in India.

2. Analytical Skills

When it comes to analytical skills, a Data Analyst plays a crucial role in interpreting complex data. Your ability to transform this data into actionable insights is key to enhancing business operations. High analytical power allows you to discern patterns, trends, and relationships within the data, ultimately guiding strategic decision-making.

3. Mathematics & Statistics

Objective decision-making forms a very important part of how you arrive at the solution of any given decision. To be able to take decisions objectively you must rely on Mathematics and Statistics. You need to find patterns, segment, make predictions based on historical information. You will need to use prediction algorithms, classification, and clustering algorithms to arrive at the best possible solution, and that is where Mathematics and Statistics will come to the rescue.

Our learners also read: Excel online course free!

4. Technical Skills

You can identify and solve a problem using domain understanding and mathematical skills. But most businesses are not so simple. You will need to go through data sets that are way beyond your calculative abilities, and in order to be able to replicate your algorithms and business solutions at scale, it is very important that you pick up tools such as R, Python, SQL etc.

Must read: Data structures and algorithms free course!

5. Soft Skills

Last, but not the least of data analytics skills, you should be able to communicate your solution in the most simple and understandable format to the stakeholders. They might not know anything about KS Statistics, or root mean square error, or your clustering algorithm but that is where your soft skills come in. Impactful communication, use of great visualization, and visualization tools like Tableau, QlikView, ggplot, etc., become really important.

Our learners also read: Learn Python Online Course Free 

6. Problem-Solving Skills

As a Data Analyst, you need to have strong problem-solving skills. These skills will enable you to analyze numbers, trends, and data to draw meaningful conclusions. By doing so, you can provide valuable insights and effectively address complex business challenges. Developing and nurturing your problem-solving skills is crucial for success in this field.

Data Analyst Job Roles

1. Data Scientists

Data science is basically statistics implemented through programming. Alongside R, Python has also shown its mettle in sorting out data as per generic as well as specific requirements. As far as India is concerned, Python programmers for data science earn more than both software developers as well as DevOps programmers. The reason for this is that data collection, data cleaning and processing is becoming very common nowadays as companies need data to gather market and customer information.

This requires a niche of Python programmers who are specially trained in the collection and processing of data through libraries like NumPy and Pandas. Data scientists are in high demand in major metros like Delhi-NCR and Mumbai and emerging cities such as Pune and Bangalore.

Responsibilities of Data Scientists

  • Gathering vast amounts of structured and unstructured data and converting them into actionable insights.
  • Identifying the data-analytics solutions that hold the most significant potential to drive the growth of organizations.
  • Using analytical techniques like text analytics, machine learning, and deep learning to analyze data, thereby unravelling hidden patterns and trends.
  • Encouraging data-driven approach to solving complex business problems.
  • Cleansing and validating data to optimize data accuracy and efficacy.
  • Communicating all the productive observations and findings to the company stakeholders via data visualization.

Data Analyst Qualification Requirements

  • A bachelor’s or graduate degree in computer science, business, engineering, or information systems, or relevant work experience, is required. 
  • A time manager with leadership and analytical skills.
  • Capable of working with datasets, statistics, and machine learning tasks. 
  • A strong capacity for critical thought and attention to detail. 
  • Possesses expertise in consulting and the capacity to offer support for problem-solving and debugging. 

Scope for Data Analyst Job in India

Every industrial niche focuses on using big data, leveraging it to make crucial decisions for its business and people. The power that analytics contains is waiting to be tapped by end-users such as businesses of all domains. There could be varied scales of businesses involved in exploring the power of data and analytics. This also implies a lot of opportunities in the making for job creation. The forecast is that the demand for the role of what is data analyst profile outweighs the present supply for the same.

5 Reasons why Start-ups Are Fuelling Data Analysis Growth

In India alone, the role of a data analyst is not limited to specific niches. However, the demanded skill set for such a role is very specific and thereby, finding a space in the freshly run start-ups. Even from the perspective of the hiring authority, the focus remains on tapping a pool with the specific skill sets needed for data analyst roles. This naturally widens the candidate pool for such jobs and influences the data analyst salary Pune, data analyst salary Delhi, data analyst salary Chennai, or data analyst salary Hyderabad among other places. Here are a few reasons why data analyst role and salary are experiencing a growth.

  1. India is a hub for start-ups and is seeing a massive increment in the number of enterprises operating in this big data analytics space. 
  2. These start-ups are gradually observing funding and an influx of growth significantly. The boom for such start-ups has contributed substantially to the demand for data analysts, which is set to peak further.
  3. Considering that companies in India realize the power and opportunities associated with data analysis, a considerable investment is anticipated in this context. 
  4. Data analytics is a sort of growth trigger, and this is enhancing the demand for data analytics training. 
  5. Another factor contributing to the demand for data analysts’ jobs is the salary and the absolute need for such profiles in e-commerce companies.

Only the expertise of qualified data analysts can help such companies derive insights into the data they handle. Additionally, this will steadily open up more opportunities for revenue enhancement too!

Data Scientists Salary Range in India

Data scientists in India can earn varying salaries based on their experience and skill level. The average data scientist’s salary is ₹713,180. For those just starting in the field, an entry-level data scientist can make around ₹398,000 per year with less than a year of experience. As you gain 1 to 4 years of experience, your salary can increase to around ₹607,000 annually.

With 5 to 9 years of experience as a mid-level data scientist, your earning potential can rise to ₹1,004,082 per year. However, it’s important to note that your salary can increase significantly as you continue to grow your experience and skills. Senior-level data scientists in India make over ₹2,000,000 per year! 

So, as you progress in your career as a data scientist, your earnings have the potential to skyrocket.

The average data scientists salary is ₹698,413. An entry-level data scientist can earn around ₹500,000 per annum with less than one year of experience. Early level data scientists with 1 to 4 years experience get around ₹610,811 per annum.

A mid-level data scientist with 5 to 9 years experience earns ₹1,004,082 per annum in India. As your experience and skills grow, your earnings rise dramatically as senior-level data scientists around more than ₹1,700,000 a year in India!

python developer salary india

 

data analyst salary in india

Source

Top Data Science Skills to Learn

2. Data Engineers

The primary job of a Data Engineer is to design and engineer a reliable infrastructure for transforming data into such formats as can be used by Data Scientists. Apart from building scalable pipelines to covert semi-structured and unstructured data into usable formats, Data Engineers must also identify meaningful trends in large datasets. Essentially, Data Engineers work to prepare and make raw data more useful for analytical or operational uses. There are many myths about data engineers and most of them are far from reality.

In an organization, the position of a Data Engineer is as vital as that of a Data Scientist. The only reason why Data Engineers remain away from the limelight is that they have no direct link to the end product of the analysis.

Responsibilities of Data Engineers

  • Integrate, consolidate, and cleanse data collected from multiple sources.
  • Prepare raw data for manipulation and predictive/prescriptive modeling by Data Scientists.
  • Develop the necessary infrastructure for optimal extraction, transformation, and loading of data from disparate sources using SQL, AWS, and other Big Data technologies.
  • Deploy sophisticated analytics programs, machine learning algorithms, and statistical techniques to build data pipelines.
  • Assemble vast and complex data sets to cater to the functional and non-functional business requirements.
  • Identify and develop innovative ways to improve data reliability, efficiency, and quality.
  • Develop, construct, test, and maintain data architectures.

Skills required to be a Data Engineer

  • Active project management and organizational skills.
  • Strong analytic skills to handle and work with large, unstructured datasets.
  • Strong programming flair in trending languages, including Python, Java, C++, Scala, Ruby, etc.
  • Advanced working knowledge of SQL, along with experience in working with relational databases.
  • Proficiency in working with a wide variety of databases.

Data Engineer Salary Range in India

According to Glassdoor, the average Data Engineer salary in India is Rs.8,56,643 LPA. But of course, the Data Engineer salary depends on several factors, including company size and reputation, geographical location, education qualifications, job position, and work experience. Reputed companies and big players in the Big Data industry like Amazon, Airbnb, Spotify, Netflix, IBM, Accenture, Deloitte, and Capgemini, to name a few, usually pay high compensation to Data Engineers. Also, the more your past work experience in Big Data, the higher will be your market value.

Despite the global demand-supply paradox (the demand for Data Engineers far exceeds their supply), the career prospect of Data Engineers looks promising in India. According to Analytics India Magazine report,

“While IT firms have shown a negative trend, the demand for data engineering professionals has increased across the companies, resulting in a significant jump in their salary structure. Whereas for salaries across analytics skills, advanced analytics roles and predictive modeling professionals grabbed the limelight compared to other roles.”

As for Data Engineers in their early career (1-4 years of experience), they make anywhere around Rs.7,37,257 LPA. As they proceed to mid-level (with 5-9 years of experience), the salary of a Data Engineer becomes Rs.1,218,983 LPA. Data Engineers having over 15 years of work experience can make more than Rs.1,579,282 LPA.

data scientist salary

data analyst salary in india 2020

Source

data analyst salary in india by titles

Source
upGrad’s Exclusive Data Science Webinar for you –

Data engineers in India have a range of job roles and paths for career advancement. Starting as an Associate Data Engineer or Data Engineer II, individuals with 2 to 4 years of experience can earn an average annual salary ranging from ₹7.7L to ₹9.1L. As they progress to become a Senior Data Engineer (or Data Engineer III), with an 80% advancement rate, those with 2 to 4 years of experience can earn ₹10L to ₹23L annually.

To further advance their career, they can aim to become a Lead Data Engineer, which typically requires 5 to 7 years of experience and offers an average annual salary between ₹19L and ₹33L. For highly experienced professionals with 8 or more years of experience, there are roles like Principal Data Engineer (₹26L – ₹44L), Senior Principal Data Engineer (₹34L – ₹39L), and Director of Data Engineering (₹42L – ₹49L) available, illustrating the progression opportunities in this field.

Data Engineer Salary Range in India

CitySalary
Bangalore₹ 11.2 Lakhs
New Delhi₹ 11.1 Lakhs
Mumbai₹ 10.0 Lakhs
Hyderabad₹ 10.6 Lakhs
Pune₹ 9.9 Lakhs
Noida₹ 10.3 Lakhs
Gurgaon₹ 12.5 Lakhs
Chennai₹ 10.4 Lakhs

3. Data Analyst

Data Analysts are professionals who translate numbers, statistics, figures, into plain English for everyone to understand.

Given the circumstances, there’s always an increasing scope for Data Analysts at the workplace, and it may be an excellent choice for those who have a strong foothold in mathematics, statistics, computer science, or business backgrounds. This position includes data mining, fluency in languages like SQL, Python, etc. to extract the relevant insights from the data sets as well as channeling those ideas through visualizations and reports. Lets deep dive into data analyst responsibilities and data analyst salary in India.

Data Analyst Responsibilities

  • To analyze and mine business data to identify correlations and discover valuable patterns from disparate data points.
  • To work with customer-centric algorithm models and personalize them to fit individual customer requirements.
  • To create and deploy custom models to uncover answers to business matters such as marketing strategies and their performance, customer taste, and preference patterns, etc.
  • To map and trace data from multiple systems to solve specific business problems.
  • To write SQL queries to extract data from the data warehouse and to identify the answers to complex business issues.
  • To apply statistical analysis methods to conduct consumer data research and analytics.

Data Analyst Salary in India

For a data analyst in India, having 1 – 4 years of experience has a gross earning (including tips, bonus, and overtime pay) of Rs 3,96,128, while a mid-career Data Analyst with 5 – 9 years of experience can make up to Rs 6,03,120 based on the organization and the location of the working place. And if you are a matured and experienced Data Analyst who has been in the industry or 10 – 19 years can earn an average total compensation of Rs 9,00,000.

data analyst salary india

data analyst salary in india

Source

– 78% of the analytics professionals in India are under the salary bracket of 0 – 6 Lakhs at their entry level, but since there has been a rise in the number of freshers in Data Analysis in India, this is an excellent indication for maturing the industry. Data Analyst salary in India is affected by multiple elements like location, skills, experience and company.

– The salaries for 4 – 6 years of experienced remain stable at 8.7 Lakhs.

– For the Senior Data Analyst having substantial experience of 12 or more years has witnessed a sharp 20% rise in their salaries last year.

So how much does a data analyst earn in India? Based on Payscale, here’s a breakdown of the average Data Analytics salary at different stages of their careers:

  1. Entry-Level (less than 1 year of experience): ₹402,820
  2. Early Career (1-4 years of experience): ₹494,209
  3. Mid-Career (5-9 years of experience): ₹775,162
  4. Late Career (10-19 years of experience): ₹1,063,150
  5. (Experienced20 years and higher): ₹1,500,000

These figures include various elements like tips, bonuses, and overtime pay.

The companies across the world are thoroughly valuing analytics and its potential in changing the market trends, leading the decision-makers of the companies to invest more and more in the technology, people, and processes. This has led to the shift of Data analytics from I.T. and finance to most business functions. The reports by the U.S. Bureau of Labor Statistics indicates that the Data Analysts are projected to see faster than average growth of 19% from 2014-2024, thanks to the continuous growth of data generation and the need to refine and extract relevant insights from the same.

Data Analyst Salary in India Experience Wise

ExperienceSalary
1 Year₹4.6 Lakh
2 Year₹5.3 Lakh
3 Year₹6.0 Lakh
5 Year₹7.7 Lakh
6 Year₹8.2 Lakh

Data Analyst Salary in India Industry-Wise

IndustrySalary
IT Services₹6.1 Lakh
Internet₹7.5 Lakh
Software Product₹6.8 Lakh
Financial Services₹7.1 Lakh
KPO₹7.1 Lakh

So, the next question that arises is: what are all the factors affecting data analyst salary in India?

Factors Affecting Data Analyst Salary in India

Data Analyst salary in India can be affected by multiple factors. Let’s see some primary salary affecting factors:

  1. Experience
  2. Industries
  3. Location
  4. Company
  5. Skills

Data Analyst Salary in India: Based on Experience

Data analytics can yield your earnings, which are well above the median of $47,000 for a full-timer in the U.S., but it is subjective from one organization to another based on the years of experience.

According to Zippia, the average entry-level business/data analyst salary having 2 years of experience and a bachelor’s degree is $54,000 which can rise to $70,000 in just 2 to 4 years of experience in the USA. Generally, a senior analyst with more than 6 years of experience commands a higher salary of about $88,000 but, with a specialization in the field can make the salary can soar as high as $100,000.

Let’s see how Data Analyst salary in India varies based on experience.

Entry-Level Data Analyst Salary in India

The average salary of entry-level Data Analyst salary in India is ₹325,616.

data analyst salary in india - experience 1

Mid-Level Data Analyst Salary in India

The average salary of a mid-level Data Analyst salary in India is ₹635,379.

data analyst salary in india by experience 2

Experienced Data Analyst Salary in India

The average salary of an experienced Data Analyst salary in India is ₹852,516.

data analyst salary in india by experience 3

Let’s see how the salary increases with experience:

data analyst salary in india by experience

Source

While the data analyst salary in 2022 can increase steadily over the first five to 10 years, afterward it would prove to be increasingly challenging to obtain raises without working on broadening of your skills. Therefore, many data analysts who are unable to work up their ways to success end up in switching their careers as the critical difference of data scientists to that of data analysts lies to the former’s superior knowledge in advanced programming, data modeling, machine learning and more leading them to have a higher pay to that of data analysts.

As mentioned before, data scientist job openings and payments are subjective from one organization to another leading many data analysts to perform in the scope of the work of the data scientists according to the company’s requirements. It is, therefore, better to understand the scope and details of the work before you can choose your work scenario in such places.

Explore our Popular Data Science Courses

Data Analyst Salary in India: Based on Industry

Data analytics now run in the very foundation of every industry, and due to that, there has been a remarkable increase for the data analysts in the number of paths to choose from as it adds a lot of value and enhances the industries to make steady progress in their respective genres.

This progress can impact directly to the data analyst salaries as these people are directly responsible for some of the decision-making processes for the organization with the help of data extracted and analyzed using the tools like Excel, Tableau, and SQL. Their salaries can range from $54,700 to $69,000 at the entry level.

data analyst salary trends

Data Analysts Salary Trends in India By Industry

For the financial analysts who work with the financial accounts of the company to predict its performance and study the macro and microeconomic trends, creating economic models and forecasts. According to the 2017 Robert Half Salary Guide, the financial analysts at an entry-level can make up to $52,700 to $66,000 based upon bonuses and commissions.

Market research analysts also use sales, competitor research, and customer survey data to design the landscape for a product to optimize the segmentation, targeting, and positioning efforts. Such useful insights need a strong skill of communication, compelling storytelling, and a very refined quantitative data analysis – calling for significant pay at the starting level ranging from $51,000 to $65,000.

Also read: Data Scientist Salary in India

Similarly, for the data analysts in the healthcare industry manage analytics within the hospital settings to streamline the daily administrative workflow and operations. The salary for these individuals may range from $46,000 to $80,000 and can come with branch or stream specifications as well.

In India, various sectors offer competitive salaries for data analysts. Financial services provide an average annual salary of ₹8.1 LPA, while the internet industry offers ₹6.8 LPA. Management consulting firms compensate data analysts with an average of ₹7.3 LPA, whereas software product companies provide ₹6.3 LPA. IT services and consulting sectors offer ₹5.8 LPA for data analysts. Analytics and KPO companies offer an average salary of ₹6.1 LPA, while BPO/KPO companies compensate the highest salary of data analysts in India with ₹9.0 LPA. Overall, the data analyst salary in India varies across different industries, reflecting the growing demand for professionals in the field of data analytics.

Now that you’re well aware of the salary systems for data analysts and how it works in the industries, the next thing you need to know is,

Data Analyst Salary in India: Based on Location

Let’s see how data analyst salary in India gets affected by the location.

Data Analysts in Bangalore, Karnataka, have an average salary of 18.8% higher than the national average. Similarly, job titles in Gurgaon, Haryana, and Hyderabad, Andhra Pradesh, also command higher than average salaries, with an increase of 18.5% and 9.4%, respectively. On the other hand, the lowest salaries are observed in Mumbai, Maharashtra (4.8% below average), Pune, Maharashtra (1.9% below average), and Chennai, Tamil Nadu (1.3% below average).

data analyst salary in india by location

The number of job opportunities and the annual data analyst salary in India for data innovators is the highest in Bangalore. The Silicon Valley on India provides 19.2% more than the country’s average. Gurgaon & Pune offers 9.8% more and 9.5% respectively than the national average. Data Analysts from Mumbai, Hyderabad, and New Delhi receives 5.2%, 4.8% and 2.8% lesser than the national average respectively.

Read our popular Data Science Articles

Data Analyst Salary in India: Based on Company

Let’s see how data analyst salary varies on companies

data analyst salary in india based on company

Source

For the Data Analyst titles, employers like Accenture, Tata Consultancy Services and Ernest & Young (E.Y.) are some of the top respondents. However, the reported salaries are highest at HSBC, making the average pay to be at Rs. 6,83,000.

According to Payscale, the companies employing the most data analysts are Tata Consultancy Services Limited, Accenture, and Amazon.com Inc. Among these companies, Accenture pays the highest average salary, which is ₹592,183. Deloitte and Accenture Technology Solutions also offer competitive salaries, averaging around ₹591,152 and ₹540,646, respectively.

On the other hand, Amazon.com Inc. pays the lowest salary at around ₹427,040. Capgemini and Tata Consultancy Services Limited have relatively lower salaries, paying ₹427,500 and ₹447,045, respectively.

Data Analyst Salary in India: Based on Skills

The salary of a Data Analyst in India varies significantly based on the individual’s skills and expertise. According to available data, professionals proficient in data quality experience a notable salary increase of around 219%. Additionally, expertise in tools like Qlik Sense and Big Data Analytics can contribute to salary increments of 108% and 89%, respectively. Proficiency in Business Intelligence and Teradata can also result in salary growth of around 89% and 79%, respectively.

Moreover, professionals skilled in the Snowflake Cloud Data Platform and JavaScript see a salary increase of approximately 64%. Furthermore, expertise in ETL (Extract, transform, load) and Splunk can boost salaries by around 63% and 49%, respectively. Finally, Web Analytics skills contribute to an increase of around 49% in data analyst salaries.

In order to secure such a high-paying job, you are expected to go beyond the qualifications of a Master’s degree and be familiar with the respective languages and software utilized for managing data. Some more insights from AIM:

  • The very essential skill is being familiar with Python. Python salary in India alone offers ₹10 Lakhs per annum.
  • When you are familiar with Big Data & Data Science, data analyst salary in India increases by 26% compared to being skilled in only one of the areas.
  • SPSS experts can earn around ₹7.3 lakhs where SAS professionals are earning between ₹9 to 10.8 lakhs.
  • Machine Learning salary in India can increase up to 17 lakhs per annum. When you learn ML and Python, it is among one of the highest you can get in this field.

Source

So, now is the time to master your skills in data in order to further optimize your salary!

Data Analyst Salary on Other Countries

Let’s see how the data analyst salary is in different countries.

Data Analyst salary in The US: $66,000

Source

Data Analyst salary in The UK: £26,000

Source

Salaries of Related Roles Compared to Data Analyst

Let’s look at the average salaries of related roles compared to Data Analyst salary in India.

Software Engineer average annual salary in India: ₹514,537

Business Analyst average annual salary in India: ₹607,736

Data Scientist average annual salary in India: ₹813,042

Python Developer average annual salary in India: ₹555,776

ML Engineer average annual salary in India: ₹956,000

Source

Data Analyst Salary: Tabular Overview

Company-Based Data Analyst Salary

How much does a data analyst earn in India? Following course completion, top companies with excellent compensation and perks hire Data Analysts. Here is a table that illustrates the typical yearly salary for a data analyst salary fresher in India in various firms. 

Company Hiring Data Analysts Average Data Analyst Salary 
AmazonINR 8.60 L
AccentureINR 5.85 L
InfosysINR 5.20 L
Ernst & Young INR 5.59 L
IBMINR 5.94 L
Google INR 13.20 L
Tata Consultancy ServicesINR 6.51 L
Cognizant INR 5.40 L
Deloitte INR 6.05 L
WiproINR 5.00 L

Specialization-Based data analyst salary for freshers

Candidates can choose to specialize in order to pursue a job as a data analyst while still in college. They are employable in a variety of fields, such as finance, healthcare, and insurance. Here is a table representing the average yearly Data Analyst Salary based on their specialization.

Specialization Average Data Analyst Salary 
Healthcare AnalystINR 4.67 L
Social Media Data AnalystINR 3.30 L
System AnalystINR 6.60 L
Financial Analyst INR 5.01 L
Database EngineersINR 6.00 L
Insurance Underwriting AnalystINR 5.20 L

Experienced-Based starting salary of data analyst in India

Here is a salary breakdown for data analysts based on years of experience. 

Experience Average Data Analyst Salary 
0 – 5 yearsINR 3.60 L
6 – 10 yearsINR 5.50 L
11 – 15 yearsINR 7.90 L
16 – 20 yearsINR 12.40 L
20 years & aboveINR 16.10 L

City-Based Data Analyst Salary

Any career’s pay is also influenced by the city an applicant is from. Candidates from major cities will almost usually receive a better deal than candidates from rural areas. The Data Analyst’s Salary for various cities is shown below for your reference. 

CityAverage Data Analyst Salary 
GurugramINR 5.16 L
HyderabadINR 5.70 L
BangaloreINR 5.59 L
DelhiINR 6.08 L
MumbaiINR 6.15 L
NoidaINR 5.26 L
HyderabadINR 5.70 L

Nation-Wise average salary of data analyst in India

Since it offers a wider viewpoint, significantly higher pay, and numerous employment options on a worldwide scale, students frequently seek to pursue further education at foreign universities. The UK, USA, Australia, and Canada are a few of the contenders’ top picks. For your reference, the average Data Analyst Salary for various nations is listed below. 

NationAverage Data Analyst Salary 
United KingdomINR 49.30 L
United StatesINR 45.47 L
CanadaINR 30.10 L
AustraliaINR 30.85 L
GermanyINR 37.20 L

Key Reasons to Become a Data Analyst

1. Highly in-demand field

Data Analysis is one of the most in-demand jobs for 2024. After United States, India is the second prominent hub of jobs for data scientists. Demand is one of the reason data analyst salary is significantly high.

2. Highly Paid & Diverse Roles

Not only is the demand for data scientists booming, but the kinds of job positions are also abundant.

3. Evolving workplace environments

Data science is shaping the workplace of the future. With the advent of artificial intelligence and robotics, more and more routine and manual tasks are getting automated.

4. Improving product standards

Usage of machine learning has enabled companies to customize their offerings and enhance customer experiences.

5. Helping the world

Predictive analytics and machine learning have revolutionized the healthcare industry.

Job Responsibilities of Data Analysts

  1. Analyzing Trends and Patterns: Data Analysts have to predict and forecast what may happen in the future, which could be very helpful in strategic decision making to the businesses. In this case, a data analyst has to spot the trends that have happened over time. He also has to make specific recommendations by analyzing the patterns.
  1. Creating and Designing Data Report: The reports given by a data scientist is the essential prerequisite in the decision making of a company. Data scientists will need to create the data report and design it in such a way that it is very easily understandable by the decision-maker. Data can be represented in many ways like pie-charts, graphs, charts, diagrams and many more. Reporting of Data can also be done in the form of a table depending on the nature of data to be shown.
  1. Deriving valuable insights from the Data: The Data Analysts will need to derive useful and meaningful insights from the package of Data to bring some benefits to the organizations. The organization will be able to use those meaningful and unique insights to make the best decision for the success of their company.
  1. Collection, Processing, and Summarizing of Data: A Data Analyst has first to collect the data and then process it using the required tools and then summarize the data to be easily understood. The summarized data can tell a lot about the trends and patterns which will be used to predict things and forecasting. Data Analyst salary in India depends on all the responsibilities being fulfilled.

Myths Vs Reality

Let’s take a step forward and bust some myths revolving around the lives of a data analyst:

Myth #1: Data analysts are the masters of Mathematics.

This might have been true at one point of time, but now with much more sophisticated tools entering the market, there are more opportunities than ever for people who don’t have a math background to learn about analytics.

Myth #2: Analytics takes a lot of time.

Most of the organisations opt against data analytics thinking it’ll take too much of time and they’ll be left with little time to do the actual work. However, that’s seldom the case. Once you figure out the metrics, you should be keeping an eye on, and how to track them in your tools, it’s pretty quick to measure those metrics. You will know precisely where to pull those and how to make changes to your operations based off of those metrics.

Myth #3: Analytics won’t tell you anything you don’t already know.

Just because you think you can guess the fate of your campaign does mean it’s necessarily true. Every time your organisation runs any campaign, the data analyst analyzes the type of content and channels that are performing well.

Myth #4: Your company isn’t big enough to need any analyses.

Any company, however big or small, can overhaul their operations using data analytics. Especially for smaller organisations, data analytics can come in extremely handy to understand how to grow — and to find out whether you are growing in the desired direction. It also helps you track visitor-to-lead conversion rates and lead-to-customer conversion rates; which helps in understanding if there’s an area of the funnel that is not working and helps you decide what to focus on.

Myth #5: You must report on every single metric.

Well, this is entirely up to you. If you want, you can spend 100% of your time reporting on every single metric you can find. There is an endless amount of data, and you can go on creating metrics for analyzing – it’ll take you to an infinite loop.

How should you kick-start a Career in Data Analytics?

1. Select the right role

As stated above, the data science field is very diverse, with never-ending opportunities. You must have a strong understanding of current technology trends, how data analysts drive business decisions, tools in demand, and how data science can shape the future to get a good grasp of what you do and evolve with the organization you work for.

Staying in touch with key stakeholders, top management will help you achieve the same. Do not hesitate to ask the right question to understand the different roles of a data analyst. This will help you in deciding the role that suits best to your skill set and requirements.

2. Join a Science Diploma or certification course

Understand the role that you need to perform and take appropriate guidance and mentorship from experts in this field. You must keep your skills and knowledge up-to-date with the role you need to perform. Take a step further and go for the PG diploma or certification courses to better perform your duties and strengthen your knowledge.

3. Learn to code: choose a programming language.

You must master a programming language to become an expert in data analysis. Python and R are the most popular languages. Select the language that you are comfortable with and learn until you have good command over it.

4. Join Data Analysts community and forums

This is one of the most important steps but often overlooked. You must join a data science forum, community group, or take active participation in technical discussions to know what is happening around, how data analysis is shaping the business goals, etc.

5. Enhance your communication skills

What if you have humongous knowledge but have no idea of conveying the same to others. Watch videos or take courses to enhance your presentation and communication skills. Learn different tools to present your findings conveniently and intuitively to the key stakeholders of the organization.

Also visit upGrad’s Degree Counselling page for all undergraduate and postgraduate programs.

6. Focus on practical applications

Don’t just read theory, also put the knowledge to test. Start developing applications that can do your work in less time and collate data from multiple sources with less coding. You can also take a few freelancing projects to work on different datasets.

What Does The Future of a Data Analyst Looks Like?

Businesses must take precautions to prevent the deterioration of their data. Continuous updates, awareness, and comprehension of a vast amount of data are necessary for this. 

Data analytics experts have become an integral part of the business model modification process as their absence can put the organization one step behind the competitors. From telecommunications and healthcare to eCommerce and banking, the need for data analytics is everywhere in the Indian sector. 

Prominent entities such as Microsoft, Wipro, Accenture, AIG, Deloitte, JPMorgan Chase, Ernst & Young, Adobe, Flipkart, and Vodafone are testament to the growing need for data analysts. These organizations invest heavily in data analytics, reflecting a broad trend toward data-driven decision-making processes.

Looking ahead, the future of the data analyst role is bright and buoyed by the continued digitalization of business processes. As more companies adopt data-centric models, demand for data analysts will only rise. However, alongside opportunities, this shift brings challenges. Data analysts will need to continually adapt and expand their skills to navigate the evolving landscape of data analytics.

They will need to master new tools and techniques, understand complex data structures, and develop the ability to translate data insights into actionable business strategies. While promising, the future of a data analyst will require continuous learning and adaptation to the rapidly changing data landscape.

Many organizations, including Microsoft, Wipro, Accenture, AIG, Deloitte, JPMorgan Chase, Ernst & Young, Adobe, Flipkart, and Vodafone have numerous jobs for data analysts.

Read our popular Data Science Articles

Conclusion

Despite few IT firms showing a negative trend in the data analysts salaries, the demand for efficient data scientists and analysts seem to be on the rise and is inevitable, thanks to the ever-increasing amount of data online and the competitive market. As for the salaries across the analytical and predictive modeling skills, R remains to be the most in-demand with the highest salaries, followed closely by Python.

The opportunities for Data Analytics are currently at their prime in India. With the large volumes of data being generated by businesses and the availability of data and tools to extract it – and the urge to gain insights from it. It includes the rise in Data Analyst’s salary and Data Scientists salary India.

We hope you liked our article on Data Analyst salary in India. These numbers above are not set in stone. The real influencer of your salary is the skills you have,  the mastery you have attained over them, and how quickly you grow and make the company grow as well.

You are likely to receive an annual bump up of around 15% in your salary. This will further increase with an increase in the years of work experience and the number of skills you’ve mastered. Therefore, whether you’re starting from scratch or you’re already experienced in the field of data. You’ll always have this motivating factor driving you in your career!

If you are curious about learning data science to be in the front of fast-paced technological advancements, check out upGrad & IIIT-B’s Executive PG Program in Data Science.

Profile

Shaheen Dubash

Blog Author
Shaheen is a Content Marketing intern at UpGrad. Shaheen is currently studying at the University of Warwick. She is majoring in BSc Economics with a minor in Politics and International Studies. She completed her high school at the United World College of South East Asia in Singapore and JB Petit High School for Girls in Mumbai.

Frequently Asked Questions (FAQs)

1Is it worth learning data analytics?

If you are related to the tech world, there is no way you do not understand the importance of the word “data”. The world is nothing without data and hence we need someone who can play with it and get something useful out of it. This is where a data analyst comes into the picture.
Data analytics is hands down among the top trending fields and is high-paying as well. An average data analyst earns up to $72,250 per year which is pretty amazing. So, we can deduce that learning data analytics is totally worth it as it is in demand and pays you well too.

2Where can I learn Data Analysis from basic to advance?

The following are the top data analysis courses in the industry that will help you to learn Data analysis from the scratch: IBM Data Analyst Professional Certificate - This is a beginner-friendly course that teaches all the foundational skills required to be an entry-level data analyst. IBM Data Analytics with Excel and R Professional Certificate - This course is a part of the 9-course certification courses of IBM Data analytics courses that highly focuses on Excel skills and Statistical R programming language. Google Data Analytics Professional Certificate - This is a beginner-level certification course from the tech giant Google itself. Specialized for junior and associate analysts, this course has all the foundational skills along with the practical applications of the latest data analytics tools.

3What are the necessary skills to become a data analyst?

Data analytics is one of the most trending fields out there. But to master it, there are certain skills that you must learn beforehand. The following are the necessary skills that one must have in its arsenal to become a full-fledged data analyst: Analytical skills and mathematical skills, Critical Thinking, Statistical Programming Languages like R and Python, Database Management Skills- SQL, MySQL, and MongoDB, Data Visualization and presentation skills, Other data-related skills like machine learning and data mining, Hands-on knowledge of Microsoft Excel, Word, and PowerPoint.

4What is the Entry level data analyst salary in India?

The entry-level data analyst salary in India is typically around ₹3 lakh to ₹5 lakh per year.

5What is the Data analyst salary in India per month

The data analyst salary in India per month is approximately ₹25,000 to ₹65,000.

6What is the Data analyst salary per month in India?

The data analyst salary per month in India is approximately ₹25,000 to ₹65,000.

7What is the Senior data analyst salary in India?

The senior data analyst salary in India ranges from ₹8 lakh to ₹15 lakh per year.

Explore Free Courses

Suggested Blogs

4 Types of Trees in Data Structures Explained: Properties & Applications
61543
In this article, you will learn about the Types of Trees in Data Structures with examples, Properties & Applications. In my journey with data stru
Read More

by Rohit Sharma

31 May 2024

Searching in Data Structure: Different Search Methods Explained
40462
The communication network is expanding, and so the people are using the internet! Businesses are going digital for efficient management. The data gene
Read More

by Rohit Sharma

29 May 2024

What is Linear Data Structure? List of Data Structures Explained
54824
Data structures are the data structured in a way for efficient use by the users. As the computer program relies hugely on the data and also requires a
Read More

by Rohit Sharma

28 May 2024

4 Types of Data: Nominal, Ordinal, Discrete, Continuous
317946
Summary: In this Article, you will learn about what are the 4 Types of Data in Statistics. Qualitative Data Type Nominal Ordinal Quantitative Data
Read More

by Rohit Sharma

28 May 2024

Python Developer Salary in India in 2024 [For Freshers & Experienced]
909011
Wondering what is the range of Python developer salary in India? Before going deep into that, do you know why Python is so popular now? Python has be
Read More

by Sriram

21 May 2024

Binary Tree in Data Structure: Properties, Types, Representation & Benefits
89426
Data structures serve as the backbone of efficient data organization and management within computer systems. They play a pivotal role in computer algo
Read More

by Rohit Sharma

21 May 2024

Python Free Online Course with Certification [2024]
135771
Summary: In this Article, you will learn about python free online course with certification. Programming with Python: Introduction for Beginners Le
Read More

by Rohit Sharma

20 May 2024

13 Interesting Data Structure Projects Ideas and Topics For Beginners [2023]
249446
 In the world of computer science, understanding data structures is essential, especially for beginners. These structures serve as the foundation for
Read More

by Rohit Sharma

20 May 2024

Top 21 Python Developer Skills You Must Need To Become a Successful Python Developer
80994
Its intuitive syntax, extensive libraries and versatile integration capabilities have fueled incredible growth across web development and scientific c
Read More

by Rohit Sharma

19 May 2024

Schedule 1:1 free counsellingTalk to Career Expert
icon
footer sticky close icon