Artificial Intelligence (AI) has been among the most popular words in the technological industry for a while now. While Data Science is advancing, both AI and ML are also growing in leaps and leaps and. In actual fact, AI adoption across different parallels of the business is occurring at such a fast pace that Gart ner predicts that in 2020 AI could create an estimated 2.3 millions jobs!
If you’re part of or would like to be part of this fast-paced, innovative and demanding industry take a look to find out the top jobs in artificial intelligence and the range of salaries in India.
Fundamentally, AI is a broad field that includes deep learning, machine learning as well as natural language processing (NLP) as well as other things. In the end, AI applications across a range of industries are vast and include innovations such as AR/VR and smart personal assistants. IoT gaming, robotics, facial recognition programs, software for speech recognition visual recognition and recommendation engines and many more.
Artificial Intelligence Salary Range in India
The more diverse the software, the more is the variance in AI jobs and their associated salary packages. For instance, whereas the beginning Artificial Intelligence salary in India is around 40% of professional is about the sum of Rs. 6,00,000, the upper-level and mid-level artificial intelligence salaries could be more than 50,00,000. 50,00,000 in India.
In the last few years, jobs in AI have risen to meet the increasing requirements of industries that have been transformed by digital technology. According to the 2018 report from Indeed the demand for AI capabilities has nearly doubled over the last three years, with job listings in the area increasing by 119%..
Unfortunately, there aren’t enough qualified specialists who are skilled in Data Science (AI and ML) that can fill these job openings. According to a report by Analytics India magazine in collaboration and Great Learning, “over 4,000 positions in India remain vacant due to shortage of qualified talent at the mid and senior level.
The lack of skilled professionals in AI is due to the fact that AI is still a new technology that requires a distinctive and distinct set of skills. Due to the dearth of experts in this field the pay range for artificial intelligence professionals in India is very high. The more expertise and knowledge you gain in this field the greater your pay.
Career in Artificial Intelligence – Educational Requirements
Generally, most entry-level AI jobs demand a bachelor’s degree in Mathematics/Statistics/Computer Science/Information Technology. However, senior-level job roles (managerial/administrative or R&D roles) require a candidate to have a master’s degree or a Ph.D. in the fields mentioned above or any other related field (Engineering).
Regarding the abilities and knowledge, a potential AI professional should have a deep understanding of the following areas:
Mathematics (algebra calculus, algebra, logic and algorithms, probability and statistical):
Proficiency in mathematics can lead to a high artificial intelligence salary per month, especially in data science-oriented positions, which require a strong grasp of statistical analysis and mathematical modeling.Understanding algebraic concepts, calculus for optimization problems, logical reasoning, and algorithm design is crucial. The knowledge gained in these areas is essential in analyzing uncertainty and learning from data in addition to making prediction.
Computing science (proficiency in programming in several different programming languages). Expertise in various different programming languages (Python, Java, C++ and so on.) is crucial for the implementation of algorithms, creating AI models as well as dealing with AI frameworks. Coding skills are highly sought-after in the AI sector.
Bayesian network (including neural networks) is a type of graphical probabilistic models to aid in determining uncertainty. Neural networks constitute the basis for deep-learning and AI applications. Experience in Bayesian techniques as well as neural networks specifically in the most cutting-edge AI applications such as deep learning, could result in a substantial AI pay in India in highly specialized AI areas and research.
Cognitive science theory Understanding human cognition can aid in developing AI systems that can mimic or work in a more natural way with human. In the fields of human-computer interaction, or AI ethical issues, the combination with AI along with cognitive science skills is highly appreciated and could lead to a more skilled and higher artificial intelligence salaries in India.
Engineering: Understanding of a variety of engineering principles, like optimization, systems design and problem-solving is essential for the implementation of AI strategies in actual situations. Engineering skills that are strong complement AI development, especially when it comes to roles that require an integration process of AI into real-world applications. This expertise could result in higher-paying positions and a an enticing AI pay in India within sectors such as robotic vehicles, automation of industrial processes and so on.
roboticsKnowledge that is related to robotics can be used in conjunction with AI in particular fields such as computers, autonomous system and robotic control algorithms. The ability to master robotics in conjunction with AI could lead to advanced and high artificial intelligence-related salaries in India specifically in fields which involve automation, robotics and the most advanced AI applications.
PhysicsPhysics fundamentals are the foundation of many AI domains, including natural processing of languages computer vision and even reinforcement. Knowing physics is beneficial in specific AI fields such as robotics, simulation-based learning as well as AI applications in industries with a high physics content which could lead to better-paying artificial intelligence-related jobs.
For those who are already employed for a company in or in the IT sector, it’s more straightforward to improve their skills to be able to compete for AI work roles by registering for AI certification courses, training programs or Boot camps online.
Artificial Intelligence Salary Packages in India
As we previously mentioned, Artificial Intelligence salary for new graduates in India begins at about Rs. six LPA and can go up to around Rs. 12 LPA as well as higher-end salary typically provided by reputable firms such as Amazon, Flipkart, Google, Facebook, etc. For Machine Learning roles, the beginning salary for new graduates typically is around Rs. 8 LPA, and it can go up to Rs. 10-15 LPA based on the role, experience set and education background. Candidates with solid basic knowledge of Data Science and a few years of experience may make as much as 17 LPA. 17 LPA.
Also, check out the upGrad degree counseling page for information on all undergraduate and postgraduate programmes.
For the majority of AI jobs, Artificial Intelligence salary in India is significantly more than the average in the country for professionals who have AI abilities and basic educational qualifications make more than colleagues with similar credentials (without AI skills).
For instance, if you’ve two to three years of experience in AI and you make around 5-10 lakhs. 5-20 LPA. For professionals with 4-8 years of work experience The median salary could be in the region of Rs. 35-50 LPA For those with more than ten years of experience could make more than the figure of Rs. 1 crore per annum.
For the majority of AI jobs, Artificial Intelligence salary in India is significantly more than the average in the country for professionals who have AI abilities and basic educational qualifications are paid more than colleagues with similar skills (without AI skills).
For instance, if you’ve an experience of 2-4 years in AI you could earn about 5-10 lakhs. 5-20 LPA. For professionals with a minimum of 4-8 years experience The median salary is around Rs. 35-50 LPA for those with more than 10 years of experience may earn more than the figure of Rs. 1 crore per annum.
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The annual salaries of jobs in artificial intelligence also differ depending on the place of work. While Mumbai has the upper hand with its highest Artificial Intelligence pay within India (Rs 15.6 LPA), Bengaluru follows suit with a salary of Rs 14.5 LPA. Chennai provides the lowest salary package for AI talent in India with a figure of approximately the amount of Rs. 10.4 LPA.
Google is a global technology corporation based in the United States that specialises in Internet-related services and goods, including online advertising and cloud computing technologies, a search engine, and all other firms. The cutting-edge technologies created by Google’s software engineers transform, engage, and discover information. Google, India, has been on the lookout for software and machine learning developers and offers a great AI developer salary, offering an average ?6 lakhs per annum.
The competitive AI developer salary in India offered by Google proves the company’s dedication to fostering a conducive environment for innovation and technological advancement. By investing in top-notch talent in AI and machine learning, Google solidifies its position as a global leader in technology, aiming to drive the boundaries of what’s achievable in the digital world while creating impactful solutions for users worldwide.
Microsoft
Microsoft Corporation is a global tech company based in the United States that makes consumer devices, computer software, and associated services. The Azure Automated ML employees need an expert engineer to help with computer vision algorithms. The business is filling a sizable number of cloud solution architect positions in the field of A.I. The business offers you the chance to collaborate with the Azure team to develop software enabling anybody to construct machine learning models by employing AI platforms for building, running, and monitoring machine learning processes. Additionally, Microsoft is among the AI firms always hiring in India. Microsoft offers a great artificial intelligence engineer salary which can range between ?7.2- 9.2 lakhs per annum.
This hefty salary of artificial intelligence engineer in India per month underscores its dedication to nurturing a work environment that fosters creativity, learning, and excellence in artificial intelligence.
Beyond salary offerings, Microsoft’s focus on AI development aligns with its broader commitment to advancing technology and reshaping industries. The company’s initiatives aim to recruit top-tier AI talent and provide opportunities for professionals to work on groundbreaking projects that push the boundaries of what’s possible in the AI landscape.
Apple
Apple is a global American business that specializes in computer software, internet services, and consumer devices. In terms of innovation and revenue, it is the biggest technological corporation in the world. Apple is among the organizations using artificial intelligence that is always looking for roles such as machine learning engineer, A.I. annotation team head, and many others. Apple offers a great AI engineer salary with an average of ?5 lakhs per annum in India.
Artificial intelligence significantly enhances Apple’s products and services, allowing the company to deliver innovative solutions and improved user experiences. From optimizing user interactions with devices to refining the capabilities of software applications, AI is woven into Apple’s ecosystem, contributing to the company’s reputation for delivering state-of-the-art technology. Apple maintains a robust presence in the job market by offering competitive salaries for AI engineers.
While the salary of AI engineer in India might be slightly lower compared to some other companies, working at Apple provides an opportunity to shape the future of technology and impact millions of users worldwide through AI-driven advancements in their products and services.
The company consistently seeks talented individuals for diverse AI-related roles, such as machine learning engineers, heads of A.I. annotation teams, and various other positions. These roles are pivotal in advancing Apple’s AI initiatives, encompassing a wide spectrum of tasks from developing machine learning algorithms to overseeing annotation teams responsible for training AI models.
Careers in Artificial Intelligence
Much like the roles of data analysts, statisticians, and business analysts, AI stands as a swiftly expanding, high-demand field offering appealing career prospects. These fields exhibit an overlapping relationship in several aspects, akin to a Venn diagram. While exploring the requisite skills for each, you’ll notice that various facets of artificial intelligence intersect. Attaining the essential amalgamation of skills demands education and training, providing individuals with an advantageous edge to forge a career with notable growth potential and get highest artificial intelligence salary per month.
Computer Science & Intelligence Research
The realms of computer science and AI research are dedicated to propelling the evolution of AI technology, while the other vocations listed here centre around the practical implementation of AI.
A computer scientist plays a pivotal role in propelling technological progress. The duties of computer scientists exhibit diversity and may encompass the following:
Administering data systems linked to AI
Innovating novel software
Supervising the crucial facets of ethics and accountability integral to the creation of AI tools
Education: AI research in computer science typically demands a strong foundation in applied statistics and mathematical theory. To initiate this journey, an undergraduate computer science degree is a solid starting point. However, numerous AI research positions may necessitate a master’s or PhD in computer science.
Data Analytics
Data stands as the foundation of AI and machine learning operations, and within the expansive realm of data science, skills specific to data analysis hold the utmost importance in AI processes. Proficiency as a data analyst necessitates a robust grasp of data intricacies, encompassing:
Effective management
Thorough analysis
Efficient storage of extensive datasets
Moreover, the ability to articulate discoveries and leverage visualisation tools emerges as equally crucial for data analysts.
Education: Contemplate pursuing a master’s degree in fields such as analytics, computer science, or data science to position yourself for roles in analytics intertwined with AI and machine learning.
Natural Language Processing
As its name implies, natural language processing (NLP) pertains to utilising machine learning with language, offering an array of applications for this competency.
Roles within this domain exhibit diversity, typically leveraging a sophisticated comprehension of language and technology to devise systems enabling effective human-computer communication. Instances of natural language processing and AI encompass:
Chatbots
Virtual assistants
Predictive texting
The demand for this skillset is substantial, with a promising job outlook anticipated for the foreseeable future along with the highest artificial intelligence salary per month.
Education: Contemplate pursuing a bachelor’s or master’s degree in computer science, focusing on specialising in natural language processing or computer linguistics.
Software Engineering
The field of AI showcases substantial demand for conventional computer science positions such as software engineering and software development. Software engineers are pivotal in conceptualising and crafting programs or systems within artificial intelligence tools, leveraging machine learning to execute diverse tasks.
Education: To forge a prosperous path in software engineering for AI, individuals should contemplate pursuing a master’s degree in computer science from programs specialising in artificial intelligence.
Wrapping Up
Due to the ever-increasing demand, artificial intelligence salary in India is always burgeoning.
We hope you liked our article on artificial intelligence salary in India. These numbers above are not set in stone. The real influencer of your salary is the skills you have, the mastery you have attained over them, and how quickly you grow and make the company grow as well. Artificial intelligence salary is depended on so many factors mentioned in this article.
Artificial intelligence salary in India is one of the highest packages offered in the country. How much you are worth will depend on your skills, experience, and the city where you are based.
As Artificial Intelligence continues to make its way through Indian industries, the demand for skilled AI professionals will increase in the near future. As of now, the shortage of the right talent in the field only means that employers are ready to shell out very high compensation to acquire qualified professionals with AI skills. So, if you aspire to build a promising career in Data Science and AI, the time is now! upGrad offers various AI courses to learn Machine Learning with good artificial intelligence and data science salary.