Data Analytics Salary in India

In India, there is an increase in the demand for data-driven insights leading to a significant rise in the importance of data analysts who play a key role in interpreting and using this information to optimize business processes. Businesses in different sectors rely on Data Analytics for making sound choices, streamlining operations and staying ahead of competition. Data analysts now earn way better than they used to in the past years due to the significant rising demand for people in Data Analytics. In this article, we shall look at everything associated with the salaries of data analysts in India and the factors that influence these statistics.

Factors affecting Data Analysts’ salary in India

When it comes to determining how much a data analyst should earn, severa`1l aspects should be taken into account in India. One’s experience, skill set as well as other individual differences are some of these. Let us look at each one:

Skills acquired by the individual

Possessing more advanced analysis tools such as Python makes it possible for one to earn more if they were to get an analyst’s job.

Education qualifications

To increase a person’s income, they should have a specialized degree or even a certificate program like an MBA in Data Analytics, provided it comes from recognized institutions, mostly those that offer online courses.

Industry knowledge 

Data analysts in areas like finance, healthcare and logistics usually make more money because their work involves more complex data sets than other sectors.

Location of work

It’s, therefore, common knowledge that the city one works in matters a lot concerning salaries. This explains why data analysts in tier-1 cities like Bangalore, Mumbai and Delhi tend to earn high incomes as compared to other parts of India.

Average data analyst package in India

Pay differs from person to person depending on the skill, experience and other factors they excel at. Some beginners’ salary levels, annually, could be somewhere around ₹4,50,000 to ₹6,00,000 in India, according to figures on Jobted’s website. This figure may rise significantly with increased experience levels among professionals.

The average wage per annum for mid-level professionals with 3 to 5 years of experience in Data Analytics is typically between ₹8,00,000 to ₹12,00,000, varying widely depending on sector and relevant competencies. Senior-level data analysts or managers who have been working either for a minimum period of five years earn about 15,00,000 to 25,00,000 per annum.

Entry-level data analyst salary in India

In India, salaries for entry-level data analyst positions may range from ₹3,00,000 to ₹5,00,000 annually which is normal. In comparison to IT jobs, these figures might seem lower but there are plenty of chances to increase your salary, given the candidate’s experience and skills are robust. 

Data analysts’ highest salary

There is a huge demand for people who can work with huge volumes of data in the market today. The salaries paid for these types of positions are generally higher than those for standard data analyst roles because they involve technical know-how and skill combinations. Big data analysts in India can expect to earn between ₹8,00,000 and ₹15,00,000 per year.

Salary of a data analyst in India by industry

A data analyst earns different salaries in each industry in India. Let’s look at the average salary earned in this role within various sectors, according to Glassdoor estimates (actual figures may vary).

• IT and software services: ₹7,00,000 to ₹12,00,000 per year
• Finance and banking: ₹8,00,000 to ₹14,00,000 per year
• Healthcare: ₹6,00,000 to ₹10,00,000 per year
• E-commerce: ₹7,00,000 to ₹12,00,000 per year
• Consulting: ₹9,00,000 to ₹18,00,000 per year

Who are the Top Recruiters for Data Analytics in India?

• Tata Consultancy Services (TCS)
• HCL Technologies
• Wipro
• Infosys
• SAP Labs India
• IBM India
• Accenture
• Capgemini
• Microsoft India
• Amazon India
• Cognizant
• Intel India
• Cisco Systems Inc

Online Manipal offers an MBA in Data Analytics

Through Online Manipal, learners can enjoy the benefits of acquiring accredited online degree programs by UGC offered by well-known institutions like Manipal University Jaipur (MUJ) as well as Manipal Academy of Higher Education (MAHE). These days, online programs have enabled a lot of people to acquire knowledge from professional lecturers which is required by the contemporary job market through online Manipal. 

MBA in Analytics & Data Science from MUJ equips learners with advanced knowledge of analytics and data science through an industry-oriented curriculum. Moreover, courses like Master of Science in Data Science (MSc) and Online MBA in Data Science – both from MAHE – can help you increase your earning potential by accelerating your career in Data Science.

Through this program, learners develop programming skills, statistical analysis, data mining, and data visualization skills helping them bag roles such as that of a data analyst, business intelligence manager, data scientist, etc. Online Manipal has a robust platform that provides learners necessary skills, enabling them to succeed in today’s competitive world through strong curricula that adapt to market changes quickly.

The bottom line

The Data Analytics salary in India is pretty promising for both — entry-level and experienced professionals. With the growing demand for data analysts across industries, salary packages are expected to rise, especially for those equipped with advanced skills and certifications. Whether you’re a fresher or in a senior role, investing in education, particularly an MBA in Data Analytics, can significantly boost your earning potential.

Opting to pursue an MBA based on Data Analytics through Online Manipal can be a smart move for those aiming to move further in their career. Consequently, your dreams can be realized without you having to devote a lot of time or money if you choose Online Manipal’s online degree programs. So, without wasting more time, go ahead and take your first step towards becoming a data analyst with the help of Online Manipal!

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