ANALYTICS

INDIA
SALARY
STUDY
2018
Great Learning & Analytics India Magazine
TAB L E OF
CONTENT
04

INTRODUCTION

06

KEY TRENDS

08

SALARY TREND ACROSS CITIES

10

SALARY TRENDS ACROSS EXPERIENCE LEVELS

12

ANALYTICS SALARIES ACROSS INDUSTRIES

14

SALARIES ACROSS ANALYTICS TOOLS

16

SALARIES ACROSS ANALYTICS ROLE

18

SALARIES ACROSS COMPANY TYPE

20

SALARY BY EDUCATION LEVEL

22

GENDER GAP

24

CONCLUSION
 Analytics India Magazine

The views and opinions expressed herein do not necessarily represent the views and opinions of
Analytics India Magazine (AIM). The information contained herein is of a general nature and is not
intended to address the circumstances of any particular individual or entity. Although we endeavor to
provide accurate and timely information, there can be no guarantee that such information is accurate
as of the date it is received or that it will continue to be accurate in the future. No one should act on
such information without appropriate professional advice after a thorough examination of the particular
situation.

Analytics-India-Salary-Study-2018
 Great Learning

INTRODUCTION
Analytics India Annual Salary Study aims to understand a wide
range of current and emerging compensation trends in Analytics
& Data science organisations across India. The idea is to provide a
reference point on key aspects around analytics salaries in India
and potential future HR trends. It brings a cumulative picture of
salary trends across company type, skills, analytics tools, cities,
experience level, education level etc.

It is well understood that companies across all domains such

as banking, telecom, retail, and others have resorted to data
and analytics to make sense of large amount of data that they
are exposed to. This has resulted in an increase in demand of
analytics professionals, who can bring expertise in analytics tools
and languages such as R, Python, Hadoop visualization tools, etc. ,
giving rise to analytics related job roles such as data engineering,
big data, predictive modelling and others. This has called for an
increase in median salary compared to last year.

The study details about analytics professionals across company

types such as captive centers, domestic firms, IT service providers,
consulting firm and others, spread across various Indian cities.

Gender gap is another crucial area covered as a part of this year’s

salary study. The pay scale of women analytics professionals
seems to be at a lower end compared to male counterparts, and
the study presents you with exact numbers.

This study has been carried out by Analytics India Magazine in

association with Great Learning. All salaries mentioned in the
study are in Lakhs (L), per annum, in Indian rupees (wherever not
mentioned).

5
 Analytics India Magazine

KEY TRENDS
• The median analytics salary in average salaries higher.
India for the year 2017 is INR 12.7 • On one hand, the percentage
Lakhs across all experience level of analytics professionals
and skill sets. commanding salaries less
• This is the highest median salary than INR 10 Lakhs has gone
for analytics professionals ever, lower; percentage of analytics
with almost 8% increase since a professionals earning more than
year ago. INR 15 Lakhs has increased from
• 37.6% of analytics professionals 17% in 2016 to 21% in 2017 to
in India command a salary of less 22.3% in 2018.
than 6 Lakhs. This is lower than • Analytics professionals with
2017 (39%) & 2016 (42%). salaries in extreme bracket of 50+
• There has been visibly a more Lakhs have decreased this year
demand for senior professionals to 3.0% from 3.7% a year ago.
this year, thus pushing the

14

12
Salary in INR Lakhs

10

0
2015 2016 2017 2018

ANALYTICS SALARY TREND OVER YEARS

Analytics-India-Salary-Study-2018
 % OF PROFESSIONALS BY SALARY RANGE OVER THE YEARS

2018 2017 2016 2015

45%
40%
No.of Professionals in Percentage

35%
30%
25%
20%
15%
10%
5%
0%
0-6 L 6-10 L 10-15 L 15-25 L 25-50 L 50 L-1 CR

Salary Range

% OF PROFESSIONALS BY SALARY RANGE THIS YEAR

50L-1Cr, 2.3% 1Cr+, 0.7%

25-50L, 6.4%

15-25L, 12.8%
0-6L, 37.6%
10-15L, 16.1%

6-10L, 24.0%

7
 Analytics India Magazine

mumbai continues to be
the highest paymaster in
analytics at

13.3 L

14.0

12.0

10.0
Salary in INR Lakhs

8.0

6.0

4.0

2.0

0.0
MUMBAI BENGALURU DELHI/NCR PUNE HYDERABAD CHENNAI

SALARIES TREND ACROSS CITIES

Analytics-India-Salary-Study-2018
 Great Learning

SALARY TREND
ACROSS CITIES
Salaries in a city is function of two factors- the demand for skillset and the
relative cost of living in that city. Bangalore & NCR has the highest demand
for analytics professionals. Mumbai has the highest cost of living.

• Mumbai continues to be the cities with 42% of analytics

highest paymaster in analytics
at almost 13.3 Lakhs per annum,
followed by Bengaluru at 12.5
Lakhs.
• Chennai & Hyderabad are the
lowest paymaster at 10.2 Lakhs.
• In the 0-6 Lakhs bracket,
Chennai dominates other
professionals earning below
6 Lakhs followed closely by
Hyderabad at 41.5%.
• Mumbai leads the pack in more
than 15 Lakhs salary bracket,
with 27% earning within this
bracket, followed closely by
Bangalore at 24%.

9
 Analytics India Magazine

SALARY TRENDS ACROSS

EXPERIENCE LEVELS
Salaries across experience levels is a critical factor to judge how the industry
rewards seniority. Experience Levels could also be seen as designation like
analyst, manager, director etc., but we chose to look at the number of years
in the industry. This is a more quantitative assessment and can resonate
easily with larger folks.

• Analytics salaries saw the • The salaries for 4-6 years of

decline at the entry level (0-3 yrs
experience) this year. There was
almost a 21% decline in salaries
in this experience bracket from
6.6 Lakhs median last year to
5.2 Lakhs per annum.
• At entry level, almost 78% of
analytics professionals are
under the 0-6 Lakhs salary
bracket. There is an indication
that more entry level (fresher)
professionals entered the
analytics workforce this year,
which is a good indication
towards maturing of the
industry.
experience were relatively
stable at 8.7 Lakhs.
• For other experience brackets,
the salary increases have been
relatively higher, especially
at higher experience bracket
at 12+ years experience, the
salary rise in analytics has been
around 20% this year.
• A transition to senior analytics
leaders, with more than 12
years of experience, can lead to
almost 60% increase in salaries.

Analytics-India-Salary-Study-2018
 78%
professionals at entry
level are under the salary
bracket of
0-6 LAKHS

2018 2017 2016 % CHANGE FROM LAST YEAR

35.0 25%
20%
30.0
15%
25.0
Salary in INR Lakhs

10%
20.0 5%
0%
15.0
-5%
10.0 -10%
-15%
5.0
-20%
0.0 -25%
0-3 4-6 7-9 10-12 12+

Experience in Years

SALARIES ACROSS EXPERIENCE LEVELS

11
 telecom industry pays
the highest median salaries
to its analytics
professionals at

18.6 lakhs

Salary in INR Lakhs

0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 18.0 20.0
TELECOM
RETAIL/ CPG
ENERGY/ UTILITIES/ MANUFACTURING
AUTOMOTIVES
PHARMA/ HEALTHCARE
BANKING/ INSURANCE
TRAVEL/ HOSPITALITY
ECOMMERCE
MEDIA/ ENTERTAINMENT

SALARIES BY INDUSTRY

Analytics-India-Salary-Study-2018
 Great Learning

ANALYTICS SALARIES
ACROSS INDUSTRIES
We notice a wide range of median analytics salaries across the sectors. So,
while telecom has the highest median salaries in analytics at 18.6 Lakhs, media
& entertainment has the least median salaries for analytics professionals at 10.3
Lakhs. This is a very wide range (higher variances) in terms of median salaries.
Salaries within an industry is affected broadly by two indicators - the rate of adoption
of that technology within that industry and the relative value that the industry garners
from the technology. A higher adoption rate would signify a relative stabilisation of
resources and processes which in turn would cause a dip in salaries. Industries that
have recently adopted analytics would also see a skew towards higher senior level
professionals vis-à-vis other industry, thus pushing the median salaries higher.
For eg: Banking industry is among the earliest adopters of analytics in India. It is also
by far the biggest recruiter of analytics professionals in India. The salaries in Banking
for analytics professionals currently stands at the lower spectrum in median terms.
Eventually, this salary variance across industries should reduce as adoption
increases over time.

• Telecom industry pays the highest have highest number of

median salaries to its analytics professionals with 1 Cr+ salary range
professionals at 18.6 Lakhs. – 1.6% of analytics professionals in
• Telecom industry has telecom sector command median
the highest number of salaries more than 1 Cr.
professionals with 50Lakhs • The largest number of entry
– 1 Cr salary range. 5.3% of level analytics professionals are
analytics professionals in employed at ecommerce firms.
telecom sector command These mostly include smaller
median salaries between 50 ecommerce startups that have
Lakhs – 1 Crore. started to utilise analytics. Almost
• Media/ entertainment industry half of analytics professionals in
pays the lowest at 10.3 Lakhs. ecommerce firms command less
than 6 Lakhs of salary.
• Energy/Utilities/Manufacturing

13
 Analytics India Magazine

SALARIES ACROSS
ANALYTICS TOOLS
Salaries across tools is primarily a function on the demand for that tool.
Within data science industry, the demand for tools changes rapidly and this
is evident across the technology stack. So, for statistical analysis there is a
shift towards open source tools. Also Python is gaining more prominence
in recent years. Demand for Big data tools has also moved. Recent trend
is to move away from Hadoop. Visualization tools are even more volatile in
demand.

• R Programming skills are most a year ago of 10.1 Lakhs.

in demand with the highest
salaries for R professionals at a
median of 14.4 Lakhs.
• R is followed by Python, with
median salaries of almost 14
Lakhs per annum.
• Python also saw the largest
y-o-y jump in salaries with
an increase of around 32%. R
professionals saw an increase
of around 30% in salaries.
• Hadoop professionals
command an average of 12.6
Lakhs, a jump of just 5% from
last year.
• Spark professionals command
an average of 11.5 Lakhs with
an increase of almost 14% from
• NoSql/ MangoDB professionals
salaries remain unchanged
from a year ago at 11.7 Lakhs.
• Qlikview professionals
command higher than Tableau
professionals in visualisation
skill jobs – 13.5 Lakhs vs 12.2
Lakhs on median.
• Hadoop & Tableau salaries saw
the least increase at around 5%
on average.
• SAS salaries saw a jump of
around 15% this year – from 10.3
Lakhs in 2017 to 11.9 Lakhs this
year.

Analytics-India-Salary-Study-2018
 r programming skills
are most in demand
at a median of

14.4 lakhs

2018 2017 2016 % CHANGE FROM LAST YEAR

(Secondary Axis)

16 35%

14 30%

12
25%
Salary in INR Lakhs

10
20%
8
15%
6
10%
4

2 5%

0 0%
R PYTHON QLIKVIEW HADOOP TABLEAU SAS NOSQL/ SPARK SPSS
MONGODB

SALARY ACROSS TOOLS

15
 the median salary of
data engineering
professionals increased by

23%
this year

2018 2017 2016 % CHANGE FROM LAST YEAR

(Secondary Axis)

16 25%
14
20%
12
Salary in INR Lakhs

10 15%

8 10%
6
5%
4
2 0%

0 -5%
PREDICTIVE DATA BIG DATA DATA MINING MIS REPORTING
MODELLING ENGINEERING

SALARY ACROSS ROLES

Analytics-India-Salary-Study-2018
 Great Learning

SALARIES ACROSS
ANALYTICS ROLE
Skillsets in analytics vary from less complex to high complexity roles, and
the salaries reflect the same.

• Advanced analytics/ predictive • The biggest jump in salaries this

modeling professionals are paid
the highest salaries compared
to their analytics peers i.e. 14.5
Lakhs on median. Their salaries
though have remained stagnant
since last year, primarily due to
larger number of professionals
getting into this role.
• Big data professionals and data
mining professionals get up to
14 Lakhs & 11 Lakhs on median.
• BI, Reporting, MIS professionals
get upto 8.7 Lakhs on median.
year came for Data Engineering
professionals. Their median
salaries increased 23% from 11.5
Lakhs to almost 14.2 Lakhs this
year. There have been various
indications that this year the
demand for data engineering
professionals have increased.

17
 Analytics India Magazine

SALARIES ACROSS
COMPANY TYPE
Essentially, five types of organizations recruit data scientists in India and its
important to look at salaries for all these company types. Firstly, captive centers
are GIC’s for large MNC’s, setup in India to utilize skillsets available in the country.
Analytics forms one of the core areas that these captive centers work on.
Secondly, consulting firms (Big Four etc.) also provide analytics consultancy and
this can be either to domestic market or to the global clients with delivery centers
in India. Thirdly, domestic Indian firms setup analytics units for internal usage
companywide. Think of it as the end user of analytics from India perspective.
Fourth, large IT service providers have setup analytics competencies and
provide services to global clients around analytics. Fifth, boutique analytics firms
specialize in analytics and provide services around it to the clients.

• Captive analytics centers continue
to be highest salary providers in
analytics, at an average of 15,2
Lakhs, an increase of 8% from last
year.
• They were followed by Consulting
firms at 14.9 Lakhs and Domestic
firms at 13.4 Lakhs of analytics
salaries on an average.
• Large IT firms provide the lowest
analytics salaries in India at 10.1
Lakhs. Interestingly, their median
analytics salaries have decreased
this year by almost 10%. This has
largely been due to the overall
negative impact on IT sector last
year and attritions in this IT space.
Large IT firms have been affected
the most and their overall salaries
have gone down including that of
analytics.
• Boutique analytics firms have
increased their median salaries by
7% to 10.2 Lakhs.

Analytics-India-Salary-Study-2018
 Great Learning

SALARIES ACROSS COMPANY TYPE

16 10%
14
5%
12
Salary in INR Lakhs

10
0%
8

6 -5%

4
-10%
2

0 -15%
CAPTIVE CENTERS C0NSULTING FIRMS DOMESTIC FIRMS BOUTIQUE IT SERVICE
ANALYTICS FIRMS PROVIDERS

2018 2017 2016 % CHANGE FROM LAST YEAR

(Secondary Axis)

19
 Analytics India Magazine

almost

60%
of analytics workforce
in india have a masters
degree

SALARIES BY EDUCATION LEVEL

25
Salary in INR Lakhs

20

15

10

0
ANY ENGINEERING ANY MBA FROM TOP PHD
ENGINEERING FROM IIT/ UNDERGRADUATE TIER COLLEGE
WITH NO NIT WITH NO AND MASTERS
MASTERS MASTERS DEGREE

Analytics-India-Salary-Study-2018
 Great Learning

SALARIES BY
EDUCATION LEVEL
Analytics recruiters prefer PhDs and premier institutes. This is true with
other professions as well, yet with analytics industry there is certainly a
higher demand for PhD professionals that take up roles of data scientists.
Almost 60% of analytics workforce in India have a masters degree and 7% of
workforce is from premier undergrad or postgrad institution. PhD’s form just
1% of analytics workforce.
Also, there seems to be a preference for professionals that have taken a
formal education in analytics in recent years. More so, professionals that
have spent atleast a year in analytics education either in full time or part
time setting as these professionals have a broader understating of various
facets of analytics and data science.

• Analytics professionals with masters command the lowest

a PhD command the highest salaries in industry at 9.8 Lakhs.
salaries at a median of 22.7 It is apparent that upskilling
Lakhs per annum. through analytics related
• This is followed very closely by courses adds to the salaries
MBA’s from premier institutions over time.
like IIMs, at a median of 22.2
Lakhs.
• Engineering graduate not from
premier institution and with no

21
 women analytics
professionals get

32% lesser
salaries than their male
counterparts

16
14
12
Salary in INR Lakhs

10
8
6
4
2
0
FEMALE MALE

MALE VS FEMALE ANALYTICS SALARY

Analytics-India-Salary-Study-2018

GENDER GAP
• Women analytics professionals
in India command almost 32%
lesser salaries than their male
counterparts. On median,
women data scientists command
a salary of 9.3 Lakhs whereas
male professionals command
13.7 Lakhs.
• It is a well known fact that
gender pay disparity is a reality
and this is very much evident
in the analytics field. Women
participation in STEM related
area is very low and given
Great Learning
how analytics is related to
coding as well as mathematics,
women salaries are evidently
very less from male analytics
professionals.
• There have to be concerted
efforts from the industry to have
more participation from women
in the analytics field, following
which the disparity can be seen
going away in the coming years.
23
 Analytics India Magazine

Analytics-India-Salary-Study-2018
 Great Learning

CONCLUSION
IT service providers, that primarily provides services to
analytics clients across the globe showed a downward trend
over the last one year. The study suggests that IT firms have
been affected the most and analytics salaries have gone down
drastically. As opposed to the earlier years where IT service
providers claimed one of the larger portions of analytics salary,
IT firms provided the lowest analytics salaries in India, this year.
The median salaries have decreased this year by almost 10%.
This can be largely attributed to the overall negative impact
on IT sector (such as automation), and increased attrition rate
in IT space.

While IT firms has shown a negative trend, the demand for

data engineering professionals have increased across the
companies, resulting in a significant jump in their salary
structure. Whereas for salaries across analytics skills, advanced
analytics roles and predictive modelling professionals grabbed
the limelight compared to other roles. Despite being one of
the highest earners, the study shows that their salaries have
remained stagnant due to increase in supply. R remains to be
the most in demand with highest salaries, followed by Python.

As for the entry level jobs in analytics, the industry witnessed

an overall decline in their salary structure, whereas the salaries
for mid level experience have remained relatively stable
compared to last year.

25
 Analytics India Magazine

Analytics-India-Salary-Study-2018
 Great Learning

RESEARCH
METHODOLOGY
The numbers in this study is a result of extensive research by
Analytics India Magazine, carried out in association with Great
Learning over the last few months. The primary source of
information for this study includes various job portals, salary
aggregators and company websites from where we have
pulled the information to reach suitable conclusion.

It also includes extensive interactive sessions with analytics

professionals, companies and recruiters in the field to get data
on wages of individuals at various levels in an organization.
The data collected was studied for various compensation
trends and practices in the marketplace. The samples were
collected by quizzing the participants on their salary structure,
growth in salary structure over the past few years, skills that
professionals look while hiring for analytics openings, salaries
offered to freshers in the field and that to the senior leaders,
skills that companies prefer to see in candidate’s resume,
amongst others.

The research methodology included furbishing salary details

of analytics professionals across various cities, experience
level, industries such as telecom, retail, banking, automotive,
ecommerce; analytics tools; skills, company type etc. After a
careful collection of information and data, they were classified,
counted and distributed to reach the conclusions as depicted
in the study.

27
 Analytics India Magazine

ABOUT
ANALYTICS INDIA MAGAZINE

Founded in 2012, Analytics India Magazine ecosystem by covering opinions, analysis

has since been dedicated to passionately
championing and promoting the analytics
ecosystem in India. It chronicles the
technological progress in the space of
analytics, artificial intelligence, data science,
big data by highlighting the innovations,
players in the field, challenges shaping
the future, through the promotion and
discussion of ideas and thoughts by smart,
ardent, , action-oriented individuals who
want to change the world.
and insights on the key breakthroughs and
developments in data-driven technologies
as well as highlighting how they are being
leverages for future impact.
With a dedicated editorial staff and a network
of more than 250 expert contributors,
AIM’s stories are targeted at futurists, AI
researchers, data science entrepreneurs,
analytics aficionados and technophiles.

Analytics India Magazine has been a pre-

eminent source of news information and
analysis for the Indian analytics analytics

Analytics-India-Salary-Study-2018
 Great Learning

ABOUT
GREAT LEARNING

Great Learning is an ed-tech company Impact

that offers programs in career critical • Great Learning is amongst the top 5
competencies such as Analytics, Data ed-tech startups in India in terms of
Science, Big Data, Machine Learning, revenue and scale
Artificial Intelligence, Cloud Computing • Over 5000+ professionals have taken
and more. Their programs are taken by Great Learning programs and they have
thousands of professionals every year who delivered 2 million+ hours of learning in
build competencies in these emerging analytics
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Learning Gurus, all of who are industry
They are on a mission to make professionals
experts engaged in teaching, guiding
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their programs
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• They have an alumni network of 3000+
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At Great Learning, their programs always
• Their analytics programs have been
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industry and currently straddle across
2016 and 2017
Analytics, Data Science, Big Data, Machine
• They have learning centers established
Learning, Artificial Intelligence, Cloud
in 6 cities: Bangalore, Chennai,
Computing and more
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What sets them apart Mumbai
They believe learning a new skill is tough
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classroom sessions or their unique model
of ‘assisted online learning’.

29
 Analytics India Magazine
GREAT LEARNING
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Analytics-India-Salary-Study-2018
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 Great Learning

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31
 Analytics India Magazine

FOR MORE INFORMATION,

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Analytics-India-Salary-Study-2018