What are the AI and ML starting salaries in India?

Machine Learning and Artificial Intelligence (AI) have made a tremendous impact in the tech sector across the world. What's interesting is just how much of an impact it has had on Indian startups. AI is being used not only in the development of new products but also to find patterns that improve the organization of data, which can help startups save time and money on marketing research. Having said that, India seems to be a prime location for machine learning-based innovation with significant investments by firms such as Amazon Web Services and Microsoft Azure.

In India, AI and machine learning are being used for an array of tasks — from recommending books on Amazon and Netflix to automatically booking hotels on Trivago. As more firms get on board, India is fast emerging as one of the most important leaders in this space. In fact, it's even been called India's 'Silicon Valley.' Numerous initiatives are coming up that help widen AI-based opportunities in the country and create new job opportunities.

Advantages of learning AI and ML in India:

1. India's tech industry is thriving: The IT and BPM sector in India has generated employment for around 3.9 million people. Additionally, 1 million people had been directly employed in the IT sector. There are also indirect job opportunities created due to the development of services and platforms that are run by the firms themselves.

2. The youth population is creating employment: The total number of people aged 15-29 years is expected to be 583 million by 2030 in India, according to a United Nations report (of which 234 million will be males). Also, the education system in India is providing one to two million people with a skilled digital education each year.

3. Talent is coming from all over the world: Also, there are more and more Indian students, who are graduating from institutions on a global level, which makes them well-placed to land jobs in foreign firms. Many of these students are in their final year of study and are looking for placements. As the market grows and thrives, the supply will also increase.

What are the starting salaries of a Machine Learning Expert and Artificial Intelligence Expert in India?

A machine learning expert has a starting salary of Rs. 2.5 LPA to Rs. 6 LPA. Whereas an artificial intelligent expert has a starting salary of Rs. 3.2-9 lakhs.

Here's the division:

Job profile of machine learning and artificial intelligence expert along with their salaries:

1. Software engineers or software developers:

A software developer's role is to transform a big idea, like patents, into code. The job profile of an AI and ML expert includes understanding the business needs, translating these into functional requirements, evaluating these against available technology advancements, and developing the best possible solution for a given problem, therefore, ensuring the product meets user expectations while also optimizing cost.

Salary of a software engineer: 6-10 lakhs p.a.

2. Business analysts (data analysts):

These are experts who have mastered all the nuances of data management and are subject matter experts in areas such as predictive data mining, which is gaining prominence as more businesses become dependent on data analytics in their daily operations.

Salary of the business analyst: 7-11 lakhs p.a.

3. Embedded software engineers:

These people have a deep understanding of machine learning and AI and are responsible for the implementation of such algorithms into business systems.

Salary of an embedded software engineer: 4-6 lakhs p.a.

4. Data scientists (data miners).

Data science is another field that integrates business requirements, statistical models, data analytics, predictive modeling, and machine learning to extract knowledge from large data stores as well as to build analytical tools for the prediction of future trends and behavior based on historical pattern analysis. Data science incorporates techniques from many areas including machine learning, statistics, and artificial intelligence that are then used on structured or unstructured forms of data such as big data sets or other forms of databases.

Salary of data scientist in India: 4-6 lakhs p.a.

What's the scope for Machine learning and Artificial Intelligence in India?

Artificial Intelligence is growing in popularity around the world. At present, there are more than 700 startups and companies that are actively working on AI, ML, and its subsequent technologies. In India, Machine Learning and AI are being used in many different sectors — from healthcare to automobile manufacturing — so you can learn how it works and how you can use them to further your passion and career path.

However, what AI and ML courses are necessary to get a high-paying job in this industry?

According to current trends, a course that focuses on a certain Domain and provides certifications from renowned institutions might be quite valuable.

Here's how I'll explain it.

AI and ML success relies on your ability to focus on a single area of expertise. A higher salary and improved employment prospects are made possible by specializing in a certain field. If your CV has the expertise, hiring managers are more likely to notice it and give it more consideration than others. Working professionals are also more likely to get lucrative career advancements.

Similar to qualifications, certifications have an important impact on career prospects. Your CV will seem more impressive if you have certifications in AI/ML to back up your talents and expertise. It would also be a reflection of your knowledge of machinery and models. It's important to concentrate on courses that will allow you to get certifications from reputable organizations while also providing expertise in a number of different fields.

Now if you wish to learn AI and ML, where should you get started?

1. Coursera

Coursera is a US-based educational platform. It offers online courses related to all fields of education, from computer science to biotechnology. You can choose which course you wish to take and after completing the course, you will get a certificate. Coursera offers free courses, so no need to worry about paying for them. You can also earn credits for each video you watch and then use these to complete supplementary courses. Another advantage over other companies is that you get a verified certificate from Coursera. But Coursera does not provide a Domain specialization feature.

2. Udacity

Udacity is another US-based educational platform geared towards higher education. Learning ML is now easier with this platform. It offers free courses upon registration. Udacity provides an entire breakdown of what you need to know and what’s required for each subject. It also has teams of mentors who will guide you through your coursework. You will have access to all the information on the website. But it does not provide 100% Job placement assistance.

3. Learnbay

Learnbay is a great place to learn about AI and machine learning. Python machine learning, decision trees, and machine learning methods are among the many subjects covered by Learnbay. Additionally, it offer top-notch Artificial Intelligence and Machine Learning Program. There are several reasons to endorse Learnbay.

Here, you will get the following benefits of being associated with their team:

• Be a part of a team that is really huge. Learnbay's distinctive characteristic is domain specialization, as described above. A wide range of specializations is available at Learnbay, from banking and financial services to human resources, healthcare, and other industries. The Internet of Things (IoT), automotive, cloud computing, and a host of other fields are available to IT workers.

• Get associated with the institutes where you will be learning project-based modules and as it progresses, everyone's rights from programmers and non-programmers are taken on board. IBM-certified capstone projects and real-world projects may be found at Learnbay. You will get additional expertise in this sector by working on initiatives that are connected to the business world. You'll get a better understanding of machine learning techniques and how they may be used to develop models.

Learnbay has a variety of projects that you can work on:

• BMW pricing model

• Credit card fraud detection

• Sales prediction

• Supply chain, etc.

You can also visit Learnbay’s website for more details.

• At Learnbay, students may also take advantage of free counseling sessions led by some of the best industry professionals around. Your interests will be taken into consideration when they assist you to select the right course.

• Nonetheless, you even get a certificate accredited from none other than IBM along with a project certificate. IBM is one of the most globally recognized platforms that can help you to get a job as credible as you want.

In light of the AI/ML course elements of Learnbay, I am certain that you understand why I recommend Learnbay. But, Learnbay's Data Science and AI with Job Guarantee course come with a 100% job guarantee or your money back. If you don't get a job in six months, you'll receive a full refund.

Conclusion

I recommend Learnbay's Artificial Intelligence and Machine Learning Program to anybody looking to change careers and begin a career in AI/ML now. The course was designed with the help of IBM and is accredited by the company. Due to its usefulness in resumes, interviewing, and applying to the right companies, it is often recommended. Learnbay makes certain that its students are employed by a trustworthy companies and are paid well for their job. Also, it provides the best Data Science course in Bangalore.