Data Analyst Salary for Freshers in India

Data is crucial to digital business. Our online buying habits and site visits create data faster than before. With the rapid rise of banking, healthcare, e-commerce, and other industries, professionals need basic data analysis skills. Data analytics is booming in India, providing jobs for new and seasoned workers. If you're entering in any of such sectors, you may want to know how much you're betting on being hired. According to a study, Indian data analysts earn INR 6,000,000 on average. Data analytics training in Noida provides you with comprehensive knowledge to develop the skills of a data analyst. 

Are you a beginner and curious about data analyst salary for freshers in India? In this blog, we will discuss data analyst compensation levels for freshers in India, providing you an idea of this burgeoning field. But before that, let’s understand who  a data analyst is, the roles and responsibilities of a data analyst and why there is high demand for data analysts.

Data analysts are professionals who work with data and are able to translate statistics, numbers, and other data into English so that everyone in the company can understand it.

Over 2.5 quintillion bytes of data are created every day worldwide, and a data analyst's task is to draw out important information from that mountain of data and provide stakeholders with comprehensive forms of it, such as reports and visualizations. Since the subject of data analysis is relatively new and new developments are being made daily, there is always space for improvement. For data analyst specialists who excel in computer science, math, and statistics, it is the ideal career choice.

A data analyst's primary duties include the following:

• Businesses can find trends, insights, and other relationships by analyzing and extracting data.
• Build and implement unique models to address inquiries about performance, trends, business plans, etc.
• Create SQL queries to retrieve information from a data warehouse in order to solve challenging business problems.
• Trace and map data from several systems to solve business problems.
• Work with customer-centric algorithms to customize specific needs.

The need for qualified data analysts has increased dramatically as companies depend more and more on data-driven decision-making. This is why there is such a strong demand for this career:

188 million emails, 4.5 million YouTube videos, and 18.1 million text messages are sent and received every minute. Businesses want experts who can transform this massive amount of data into insights that can be put to use.

It is anticipated that the global data analytics sector will add 1.4 million new jobs between 2023 and 2027. For data analysts with the necessary abilities, this means a wealth of opportunities.

By joining a data analytics course in Gurgaon you can develop these skills and achieve a high paying job opportunity. 

In India, a data analyst's annual compensation for those just starting out usually falls between INR 3 lakh and INR 6 lakh. Entry-level jobs in a variety of businesses are available to recent graduates with degrees in data science, statistics, or a similar discipline. Companies may also provide extra benefits like mentorship and training programs, which can improve future earning potential and skill development.

Factors Affecting Indian Data Analyst Salary for Freshers

Experience:

One of the main elements affecting data analyst pay is experience. Since they bring a wealth of knowledge and experience to their positions, data analysts with more years of experience typically seek greater wages.

Competencies:

The particular abilities of a data analyst might have a big influence on their pay. Higher-paying possibilities may arise from proficiency with complex analytics tools, programming languages like Python, R, and SQL, and data visualization tools like Tableau or Power BI.

Supply and Demand: 

Salaries may be impacted by the ratio of the talent pool to the demand for data analysts. In areas or sectors where there is a high demand and a shortage of qualified data analysts, salaries will probably be higher.

Expertise: 

Data analysts with particular skills or domain experience in fields like machine learning, big data analytics, business intelligence, or financial analysis may be paid more because of the specialist nature of their work.

Learning:

The educational history of a candidate may also have an impact on their pay. Compared to data analysts with merely a bachelor's degree, those with a master's or doctoral degree in statistics, computer science, mathematics, or data science may be paid more.

Sector:

Depending on their industry, data analysts may earn different salaries. For instance, data analysts in the technology, healthcare, and finance sectors frequently make more money than those in non-profits or the educational system.

Location:

Salary determination is significantly influenced by the job's geographic location. Because of the greater cost of living, major cities and IT hubs like Bengaluru, Mumbai, Delhi, Hyderabad, and Pune typically provide higher pay than smaller cities and rural locations.

Size of the Company:

Salary levels may vary depending on the hiring organization's size and financial standing. Data analysts who work for digital giants or huge multinational firms could be paid more than those who work for startups or mid-sized businesses.

Let’s compare the salary differentiation because of different factors.

Understanding the salary potential is essential but learning the required skills is very important. To gain comprehensive knowledge and to become proficient, join a data analytics course in Dehradun. Offered by 4Achievers. By enrolling in our data analytics course, you can develop the skills. Learn from industry experts having 8+ years of experience. Complete placement support will be provided to our students with practical projects and learning facilities. We have smart classes and labs. With our online course, you can enhance your skills while working.

You have read in-depth information regarding data analyst salary for freshers in India, their roles within organizations, factors affecting salary parameters, and more in this blog post. You must enroll in data analytics training in Delhi if you want to work in this field and earn a high salary as a skilled data analyst. In just a few months, this course will help you become an expert in the field. Strong communication and critical thinking skills are developed in this career-focused business analyst course.