AIM Research in collaboration with Great Learning have released the much-anticipated report on Analytics and Data Science Jobs in India 2023. We have been diligently publishing this report annually since 2017, and it's become a benchmark for professionals and organizations alike. 🔵 Compared to last year, we observed a dip in the number of open roles for data science experts in India. 🔵 City-wise, while Pune, Hyderabad, and Delhi NCR are burgeoning with opportunities for data scientists, Bangalore and Mumbai have seen a tapering demand. 🔵 Sector-wise, BFSI, healthcare, and retail & CPG are leading the charge, with MNC IT and KPO sectors presenting a plethora of job openings. 🔵 BFSI Sector Dominance: In 2023, the BFSI sector leads the pack, accounting for a whopping 36% of data and analytics job openings. 🔵 Salary Insights: A significant chunk of job positions in 2023 falls in the 6-10 LPA bracket for analytics and data science specialists. 🔵 Experience Matters: 34% of job openings are tailored for professionals with 2-5 years of experience. While mid-level roles are on the rise, senior-level positions have seen a dip. 🔵 IT/BPO/KPO Sector: Contrary to last year, 2023 sees an 18pp decrease in the availability of analytics and data science jobs in this sector. For a detailed dive, check out the link in comments. #DataScience #Analytics #JobTrends #AIMResearch #GreatLearning #India2023
Data Scientist Opportunities
Explore top LinkedIn content from expert professionals.
Summary
Data scientist opportunities refer to job openings and career paths for professionals who use data analysis, coding, and statistical methods to uncover insights and solve real-world problems in businesses and organizations. The demand for data scientists can shift depending on industry trends, company strategies, and advancements in technology such as artificial intelligence.
- Focus your applications: Target job roles that match your skills and interests rather than applying everywhere, which helps improve your chances of landing interviews.
- Build your network: Connect with professionals in the field and seek referrals through LinkedIn or alumni groups to access hidden job opportunities.
- Showcase your expertise: Share your work through online portfolios, blog posts, or open-source projects to stand out from other candidates.
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Openings for data science roles are still down 43% from 2022, but after digging further into the numbers from August, I think there's optimism to be found! Month-over-month openings have stabilized and are beginning to trend upwards. Data science, in particular, has seen a 25% increase. FAANG Companies have seen their share of opportunities rebound from only 0.5% of total postings in to 2.7% in August, nowhere near their high of 6.5% in 2022 but still a promising sign. Those listings are being driven by Microsoft, Amazon, and Meta. Big investments are being seen, especially in the fields of AI research and implementation; a recent role at Anthropic, for example, starts at $300K. We spoke with Meta hiring managers to help get a grasp on why this rebound is occurring, and their story is straightforward: after the post-COVID layoffs of 2022, these companies were re-evaluating their strategy and pivoting their tactics. The fight now? Win the AI race by battling for AI talent. This rising tide will bring with it plenty of opportunities for other data science roles. Dig into the details in our full September Market Report below, where we break down which roles and industries are seeing the biggest rebounds. Full Report: https://lnkd.in/gt5Jw4tr #datascience #jobmarket #FAANG #datascienceroles