Scope of Data Science in Pakistan

Pakistan is a big market and the scope of data science in Pakistan is bright for the Pakistani youth. 

The world is moving fast towards becoming a digital economy and the digital economy is more about numbers churning than anything else. 

The word for data from the digital economy is “Big Data” which ought to tell you something. 

“We will need more people who can make sense of Big Data”. 

The people who convert data into information and knowledge are called data scientists. 

The global scope of data sciences will keep pushing our local market to require, educate, and hire more data scientists. Your future is bright if you are a capable data scientist. 

Let’s dive deeper into the data science scope in Pakistan. 

Pro Tip: Read this blog on Data Science Universities in Pakistan if you are looking for an institution for the degree.

Jobs for Data Science Graduates in Pakistan

There is a wide array of roles available for data science graduates in Pakistan. Some of these include:

• Data Analyst: Data Analysts interpret complex data and turn it into information that can offer ways to improve a business.
• Data Scientist: Data Scientists are in high demand due to their ability to create models to extract actionable insights from vast and diverse datasets.
• Machine Learning Engineer: These professionals design and implement machine learning models to solve business problems.
• Data Engineer: Data Engineers prepare the big data infrastructure to be analyzed by Data Scientists.
• Business Intelligence Analyst: BI Analysts use data to help figure out market and business trends by analyzing data to develop a clearer picture of where the company stands.

Sectors for Employment for Data Science Graduates in Pakistan

Telecommunications

Pakistan’s telecom industry is a significant consumer of data science skills. By analyzing customer data, telecom companies can improve their services, predict customer churn, and develop targeted marketing strategies.

Banking and Finance

The banking and finance sector is another large employer of data science graduates. Through risk modeling, fraud detection, investment prediction, and customer segmentation, data scientists can significantly contribute to the financial industry’s efficiency.

E-commerce

As e-commerce continues to boom in Pakistan, so does the demand for data scientists. They play a critical role in analyzing customer behavior, optimizing logistics, personalizing user experience, and predicting sales trends.

Healthcare

The healthcare sector in Pakistan is increasingly leveraging data science for better service delivery. From predictive modeling for disease outbreak to patient data analysis for personalized treatment, the opportunities in this sector are immense.

Startups and Tech Companies

Startups and tech companies are at the forefront of employing data scientists in Pakistan. They leverage data science to understand market trends, user behavior, and product optimization to stay competitive.

Salary for BS Data Science Graduates in Pakistan

Data science graduates in Pakistan can expect varying salary prospects depending on their job role and the sector they are employed in. Here’s a detailed sector-wise breakdown:

Telecommunications

• Data Analyst: PKR 60,000 – PKR 80,000 per month
• Data Scientist: PKR 80,000 – PKR 120,000 per month

Banking and Finance

• Risk Analyst: PKR 70,000 – PKR 90,000 per month
• Financial Data Analyst: PKR 90,000 – PKR 110,000 per month

E-commerce

• E-commerce Analyst: PKR 70,000 – PKR 90,000 per month
• Data Scientist: PKR 85,000 – PKR 120,000 per month

Healthcare

• Bioinformatics Scientist: PKR 80,000 – PKR 100,000 per month
• Healthcare Data Analyst: PKR 75,000 – PKR 95,000 per month

Startups and Tech Companies

• Product Data Analyst: PKR 75,000 – PKR 100,000 per month
• Data Scientist: PKR 100,000 – PKR 150,000 per month

Please note, that the salary prospects are subject to experience, skill level, and the company’s pay structure. These figures represent an average estimation based on current market trends in Pakistan.

Indeed Pakistan has estimated on the base of job listings posted on their platform that the average monthly base salary for data scientists in Pakistan is Rs. 91,724.