India sees 53 percent increase in new analytics job openings in the country in 2016, as compared to the previous year. This is according to a recent study conducted by Analytics India Magazine (AIM), along with Jigsaw Academy, a prestigious name in India’s analytics education sector which published an exclusive report on Jobs Study 2016 based on extensive research of the analytics job scenario in the country.
The report suggests an increase in the demand for professionals in the analytics industry. As per the report, 62% of analytics jobs need candidates with less than 5 years of experience. The study brings good news for freshers in the field as close to 18% jobs are for them.
The study also highlights various hiring trends across the cities with metros like Delhi and Bengaluru taking up the positions of being the major hubs for analytics jobs followed by Mumbai, Hyderabad, Pune and Chennai. Bengaluru alone accounts for 27% of analytics jobs.
Sector-wise, it accounts to 81% of analytics job opportunities existing in four sectors namely, Banking and Financial Services, E-commerce, Pharma/Healthcare, Energy and Utilities. Banking and Financial Services industry make up for good 42 percent of analytics job opportunities.
This study also covers other details such as education requirement by analytics jobs. Almost 44% of analytics job openings look for a B.E./B.tech degree. Overall, 80% of all employers hire analytics professionals with either an engineering degree or a postgraduate degree.
See: Data Analysis Skills in Demand for Jobs of the Future
Bhasker Gupta, CEO and Founder, Analytics India Magazine said, “Amidst the various trends in the industry, the one which can never fade away is the curiosity around the job scenario. And with numerous companies starting up in the analytics space, there has been a definite surge in the job opportunities. Be it big data expertise, data science know-how or any other analytics role, the industry is going to require massive skilled manpower in various domains to meet up these needs.”
He further added, “This in-depth analysis of the analytics job market covers every aspect of it and brings emerging top trends such as recruitment trends, educational qualifications, experience required, cities with maximum analytics job opportunities and much more.”
Gaurav Vohra, CEO and Co-founder of Jigsaw Academy commented, “At Jigsaw Academy we have been guiding data scientists through the process of growth and understanding. And our emphasis on business context and application of learning has helped graduates become job ready and be a great fit for the ever-growing diaspora of analytics companies in India.”
The various figures and data in the study quite evidently indicate a positive trend in terms of hiring in the analytics sector in India. The study validates upon a flourishing future that this industry has in store for professionals venturing out into the analytics domain.
Also read: Implementation of GST Will Create Jobs and Promote Increase in Hiring by 11% in India
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