Analytics jobs witness 76% increase since 2017, skill gap in market leads to over 76000 positions empty

UpGrad data reveals 63% enrolment from IT industry, followed by BFSI at 12% and 7% from the e-commerce and retail industry

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According to the Analytics and Data Science Jobs Survey 2018, the number of analytics jobs have increased by 76% between 2017 and 2018, however close to 76000 positions related to analytics remain to be filled in India. The Banking and Financial services industry has seen the maximum demand for Data Science professionals with close to 40% of jobs coming from this sector alone, followed by E-Commerce.

UpGrad has seen learners from 35 industries enrolling for the PG program in Data Science with around 63% students from the IT industry followed by BFSI at 12% and 7% from the e-commerce and retail industry. Jointly conducted with IIIT-Bangalore, the first batch had 280 learners in May 2016 and has now successfully launched its eighth batch with 800 learners. The program has seen a total of 3000+ enrolments till date.

Expressing their views on the data analytics industry, co-founders Ronnie Screwvala and Mayank Kumar said, “Data Science market in India has seen phenomenal growth across sectors with various companies catering to the consumer’s different needs. However, there is a lack of job expertise in this sector. UpGrad’s PG program in Data Science achieved a pass rate of 81% from thelearner base, whereas typically paid online programs pass rate ranges between 30 – 50%. We are able to achieve the pass rate of 81% only because of the strong handholding and support that UpGrad along with IIITB provides to its learners.”

Speaking at the Graduation ceremony in Bangalore, Prof Sadagopan, Director, IIIT Bangalore said, “This is our second graduation ceremony and it is great to see 650+ working professional completing this significant milestone towards reinventing themselves. We have seen great success in helping working professionals learn new-age skills like Data Science, Machine Learning and AI through the online medium. Over the next 5 years, we are aiming at upskilling 10000+ working professionals with a strong focus on career outcomes. I wish all the best to the graduating batch.” IIIT Bangalore and UpGrad recently jointly hosted the graduation ceremony of Post Graduate Diploma program in Data Science at the IIIT campus in Bangalore.

The students completing the IIITB – UpGrad Data Science program have got placements in top organisations such as Infosys, TCS, American Express, Cognizant, KPMG, Bain & Company, Honeywell, Thomson Reuters, Walmart Labs, WNS Global, Oracle, Deloitte, Jabong, Genpact to name a few.

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