The demand for data scientists is skyrocketing worldwide, making it one of the most sought-after roles in the industry. Job postings for data science positions are rapidly increasing as companies recognize the value of capturing and analyzing data in today's technology-driven landscape.
According to the US Bureau of Labor Statistics, the field of data science is expected to witness a substantial growth of 36% from 2021 to 2031. Additionally, operations research analyst roles, which are closely related to data analysis, are projected to experience a significant growth of 23%, highlighting another promising career option with strong growth potential. However, the question arises - which country holds greater prospects for a data professional? Is it the UK or India? To unravel this mystery, let us explore the story of Riya.
Driven by a deep passion for data science and an innate problem-solving ability, Riya has always aspired to make a meaningful impact in the field. After completing her studies, she faced a crucial decision - job offers as a data scientist in India and the UK. Although she cherished her roots in India and its thriving tech scene, the allure of a higher salary in the UK enticed her with the promise of financial stability and advancement. After much contemplation, Riya mustered the courage to embark on a new chapter and accepted the data scientist position in the UK. As Riya settled into her new role, she thrived in the dynamic environment of the UK. Surrounded by cutting-edge technologies, innovative projects, and a supportive team, she embraced the challenges and grew professionally.
Over the years, Riya's decision to choose the UK for her data scientist job proved transformative. She became a respected figure in the field, an inspiration for aspiring data scientists, and an advocate for diversity and inclusion. Her success story showcased the power of determination and stepping outside one's comfort zone to achieve remarkable milestones. While the allure of a higher salary played a role, ultimately, the promise of growth, opportunity, and the chance to make a lasting impact led Riya to choose the UK for her data scientist career.
We now know that the UK provides superior career prospects and more attractive remuneration for data professionals compared to India. Let us now explore their precise roles and responsibilities.
The industry recruits data scientists for various roles with varying pay scales. For instance, professionals start as junior data scientists and get promoted in one to two years, provided they display a remarkable and dedicated work record. Irrespective of the role, data scientists are usually assigned to particular projects to meet organizational goals.
The base salary of data scientists in UK is estimated at GBP 50,468 as per Indeed.com. The profession has rapid growth opportunities. Professionals might see themselves handling a dedicated team a couple of years after joining as they are ranked up to senior data scientist and, ultimately, team leader.
Top 5 Cities with the Highest Pay for Data Scientists in the UK
Some of the most popular cities for data scientists looking to start or restart their career in the UK, along with expected remuneration, are as follows.
Name of the city
Average annual salary
Edinburgh
GBP 59,777
London
GBP 59,286
Cambridge
GBP 54,796
Manchester
GBP 49,534
Newry
GBP 49,384
*As per Indeed.com
Budding data scientists can also choose cities like Oxford, Bristol or Newcastle upon Tyne to secure high-paying roles.
Data Scientist Salaries Across Various Levels
Having completed their bachelor’s in data science, applicants are more likely to secure entry roles as data scientists. Assuming that these professionals have some internship experience and a total experience of under 1 year, they can receive a standard payment plus specific bonuses.
Hence, the salary for data scientist freshers in the UK is usually GBP 34,548, as per Payscale.
After working for a few years in the industry and acquiring an experience of up to four years, the pay scale changes. At this point, the data scientist’s salary in the UK is estimated to be GBP 41,072.
Since the role of a data scientist is scalable with significant opportunities for growth, the pay increases to GBP 50,969 when a professional is equipped with five to nine years of experience.
Comparison with Data Scientist Salaries in India and UK
Data science is an integral upcoming field comprising several in-demand skills in the industry. Hence, the average pay for a data scientist in India is INR 13,41,394 (GBP 13,391) annually. Renowned corporations like ASL also recruit data scientists.
On the other hand, the data scientist salary in the UK for entry-level roles is GBP 50,468. This value is significantly higher than its Indian counterpart. Hence, the UK is a preferred destination for data scientists looking for attractive pay packages.
Additionally, the UK is home to more diverse organizations that offer employment opportunities to data scientists.
Conclusion
The field of data science is still in its infancy, waiting to be explored. Data is one of the essential elements of today’s world, and organizations rely on data-driven decisions to stay ahead of the competition.
While the pay scale for the field is attractive, a mix of computer science, mathematics and statistics may discourage many students from taking it up as a major.
As a result, the demand in the market may not be met with the existing number of professionals. Organizations keen to onboard data scientists will offer attractive pay packages and go out of their way to ensure employee retention.
Overall, working as a data scientist in the UK is the right step for a successful career.
Owing to their technical expertise in mathematics, computer science and statistics, there are around 5,007 job postings for the role in the UK. The organizational reliance on big data and analytics promises to drive this demand further and increase the base salaries of these professionals.
Can I become a data scientist in London without experience?
Completing a dedicated bachelor’s or master’s program in data science makes you eligible to work as a data scientist in London. Without prior experience, you will be directed to an entry-level role. You can learn on the job and gain experience to get promoted to more senior positions.
What is a data scientist’s average salary and future?
The future for data scientists looks promising, with digital security being a primary concern. More data scientists will be employed in cybersecurity roles to help safeguard user information and prevent access to cyber criminals. While the average data scientist salary in the UK is GBP 50,468, it is projected to increase with time.
She is an experienced writer and journalist who has extensively covered the education sector in India and Abroad. Now helping Indian aspirants realise their foreign education dream by providing them with relevant content and information through upGrad Abroad. Amateur traveller, loves to read Architectural Digest!
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