Each year we take up an independent study to access the India Job market for Business Analytics and related fields.
Please note that this study does not reflect the current analytics positions in India. The Study reflects the new job openings in the year 2013 and the areas these openings were primarily in.
The analytics jobs market continues to grow in India at aggressive pace. In 2013, the number of new job postings on analytics grew at an average pace of 6% every month. From Jan 2013 to Jan 2014, the job postings increased at an annual pace of 80%. The graph below gives the monthly new job postings on analytics in India indexed to January 2013 (i.e. if we take no. of openings in Jan’13 as 1).
On an average, recruiters demanded for a work experience of 7.5 years. This is higher than 2012 where recruiters asked for an average work experience of 6 years.
28% job openings were for less than 5 years of work experience, while 23% were for more than 10 years of experience.
37% of all analytics job openings came from Bangalore. This is higher than 2012 by 2% points.
Delhi/ NCR contributed to 33% job postings which is lower than 2012 when Delhi/ NCR contributed 39%. Mumbai increased its share from 17% in 2012 to 21% in 2013.
The top analytics firms recruiting in 2013 were WNS, AbsolutData, Hewlett Packard, CRISIL, HSBC, Accenture, Max Life, Dell, ZS Associates, Altisource, Marketelligent and ICICI.
‘Manager’ is the most demanded designation in 2013 at 44%, which is higher than 38% Manager Openings in 2012. The average work experience demanded at Manager’s level is almost 8 Years.
The biggest change we saw from 2012 was in job posting based on Functions. In 2012, 19% job openings were in Financial Analytics. This in 2013 was just 7%. Rather, Risk Analytics was higher in 2013 at 18%. BI/ Reporting stood second at 14%.
HR, Healthcare and Supply Chain Analytics demanded the highest number of years in work experience – 10 years on average. While, BI/ Reporting asked for the least at almost 6 years on average.
In terms of industries, BFSI continues to command more than 50% share of analytics industry in India.
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Bhasker is a Data Science evangelist and practitioner with proven record of thought leadership and incubating analytics practices for various organizations. With over 16 years of experience in the area of Business Analytics, he is well recognized as an expert within the industry. Earlier, Bhasker worked as Vice President at Goldman Sachs. He is B.Tech from Indian Institute of Technology, Varanasi and MBA from Indian Institute of Management, Lucknow.