The rise in demand for analytics and big data professionals created demand for science graduates across Physics, Chemistry, Mathematics, Statistics and economics graduates. While IT services companies preferring economics and science graduates over engineering students for analytics roles.
Recent survey mentioned that fresher level salaries for economics or statistics graduates range from Rs 4-7 lakh per year, compared with Rs 3.5 lakh for engineering graduates for analytics jobs. While BSC students are preferred for entry level jobs, while statistics and economics background professionals are considered for middle and higher level jobs. "We are seeing more BSc graduates being preferred for data analytics roles because they have those required skills. Hiring is more off-campus than on campus," said senior vice-president at industry body Nasscom.
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