Scaler learners get 150% median salary hike post upskilling: B2K Analytics Report

NEW DELHI: Scaler, a education provider in India, has reported career advancements among participants of its upskilling programmes, Scaler Academy and Scaler DSML (Data Science & Machine Learning). According to a recently audited career transition assessment report by B2K Analytics, learners from these programmes achieved median salary increases of 150% and 110% over the past two years.

The report, evaluated by B2K Analytics, an agency known for auditing placement reports of institutions like IIM Ahmedabad, revealed insights about the career progression of Scaler's learners. Among the top performers in the software development programme, the top 25% secured an average package of Rs 48 LPA, while the middle 80% received Rs 25 LPA. Similarly, graduates from the data science programme achieved average packages of Rs 35 LPA and Rs 18 LPA for the top 25% and middle 80% respectively.

Growing demand for skilled tech professionals

As per the Scaler official press release, the surge in average salaries underscores the growing demand for skilled professionals in the tech industry, corroborated by trends observed in the 2022 report. The report indicates a persistent need for upskilling to meet evolving industry requirements, highlighting the effectiveness of continuous learning in elevating career prospects.

Average salaries of senior software developers

Key roles in software development, including senior developers with an average CTC of Rs. 32.04 LPA and mid-senior developers with Rs. 34.69 LPA, were in high demand among recruiters. Notably, professionals in service-based companies saw significant salary hikes post-upskilling, particularly System engineers and Support engineers.

Salaries of data scientists

As per the information on the press release, in the data science and machine learning domains, senior data scientists and senior developers got top positions with average CTCs of Rs 20.28 LPA and Rs 24.06 LPA respectively. The report also noted that Senior Machine Learning Engineers experienced one of the highest salary increments, with an average hike of 150% post-upskilling.

Demands across various sectors

According to the Scaler press release, the report highlights a pattern where leading technology firms such as Amazon, Microsoft, and Google are actively hiring professionals with these capabilities. Additionally, notable organizations across various sectors like XpressBees, Walmart, Oracle, Salesforce, Samsung, and PayPal are also seeking skilled individuals. “The demand extends to ITeS companies like TCS and Cognizant and professional services giants like Deloitte and EY, " read the press release.

Anshuman Singh, co-founder of Scaler and InterviewBit, emphasized the impact of upskilling, stating, "Our aim at Scaler is to equip tech professionals with the skills needed to succeed in today's competitive landscape. The findings of this placement report underscore the tangible benefits of upskilling in enhancing career prospects and meeting industry demands. As organisations across industries navigate rapid technological advancements, the demand for adaptable and skilled professionals continues to rise. Scaler's commitment to providing an industry-aligned curriculum ensures our graduates possess the relevant skill sets that are highly sought after by leading tech employers. This not only empowers individuals to achieve their career goals but also contributes to a more skilled and future-proof tech workforce.”

Quotes from Scaler learners

Abinay Bingumalla, Scaler Academy alumni currently working for Oracle, said, “I initially joined Scaler to brush up on my fundamentals but got the whole grand package instead. And it was easily the best decision I could have made for myself! I got a much-needed skill boost and developed a focused and disciplined mindset that helped me pave my way towards companies like Microsoft and Oracle.”

“I was already impressed with the first Masterclass. But when I began the DSML course, it was even better with my instructors, who taught me to code from scratch and helped me fight against my coding phobia. Learning about DSML every day is making me realise how broad its scope is. And especially with the emerging trends, this field is only bound to grow further,” said Sudhendu Kumar, Scaler DSML Alumni, currently working for Tata Motors.