Data science has become the new talk of the town because of its importance. Data science is a fusion of Mathematics and IT that helps in making accurate decisions. Its importance is rising substantially because people are now aware of the effect of data-driven decisions. In this blog, we will be discussing the salary of data scientist in Nepal.
Average Salary of Data Scientist in Nepal
The salary of Data Scientist in Nepal is different for different levels. It depends upon the skill, experience, and size of the company. Here is a breakdown of the average salary of data scientist in Nepal.
1. Begineer/Entry-level Data Scientist:
Entry-level data scientists have 0-2 years of experience. The average salary of entry-level data scientists is NPR 35,000 to NPR 60,000 monthly.
2. Mid-Level Data Scientist:
Data scientists with experience of 2-5 years fall under this category. The average mid-level data scientist’s salary is NPR 60,000 to NPR 1,20,000.
3. Senior Data Scientist:
These people have more than 5 years of experience. The average salary of senior data scientists is 1,20,000 to 2,50,000. It increases with the increasing experience.
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Why Data Science? Is the Scope of Data Science Rising?
Data science is the scientific study of data to gain knowledge, predict the future, and analyze data to make informed decisions. Data science decodes the secret behind numbers and turns it into a meaningful outcome. It analyzes past trends in a present scenario and makes a futuristic decision using various statistical tools.
Yes, the scope of data science is rising rapidly. The scopes of data science are:
1. Healthcare
Data science is used in hospitals to predict the condition and analyze the disease of the patients. It makes diagnosis of the disease efficient and easy.
2. Business Firms
To make accurate business decisions and to predict the changes in demand and trends, data science is used.
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3. Finance and Banking
To prevent unwanted risks, detect fraud, and optimize investment strategies, data science has a huge scope in banking and finance.
4. Policy Making
It helps policy to be accurate and data-driven. It optimizes policies by analyzing their effectiveness.
5. Social Media
Social media is backed up by data and insights. Algorithms to predict trends that occur in social media are due to data science. A social media marketing agency in Nepal can use this data to create better strategies and campaigns.
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The Best Data Science Course in Nepal
The data science course in Nepal is available on various platforms. UpSkills Nepal is a leading platform providing the top data science courses in Nepal. They have a thoughtfully curated curriculum perfect for someone looking to study data science course in Nepal. They provide hands-on experience with industry-relevant tools and technology.
Conclusion
The salary of data scientist in Nepal varies along with the experience and the size of your company. Data science is multidisciplinary and is increasingly recognized as a profitable business idea in today’s data-driven world.. It is the process of analyzing data to make an informed decision. It has its scope from healthcare to business firms. The salary of data scientists in Kathmandu highly depends upon their experience.
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FAQs on Salary of Data Scientist in Nepal
Do data scientists in Kathmandu get a lot of money?
Yes, the salary of data scientist in Kathmandu is amazing. They get paid well even at the entry level.
Is data science a good career in Nepal?
Data science is a great career choice in Nepal. It opens the door for multiple fields and even the salary is great.
How to become a data scientist?
You can do your bachelor’s. Taking courses through UpSkills will also allow you to master in data science in Nepal.
Is data science hard?
Yes, data science is tough to learn. However, with dedication and keenness, you can easily study data science.
Does data science require coding?
Yes, coding is necessary in data coding.
