Data Analysts who can separate valuable data from a huge amount of information and coordinate their business mastery with this information to tackle the difficulties emerging in the improvement of any business are especially popular. Singapore is at the core of Asia, and with a powerful data innovation framework, its solid worldwide network can host and handle gigantic volumes of continuous data. Data analyst salary in Singapore is equally efficient based on its demand. To be a part of the best companies that hire Data Analysts in Singapore, you can take different courses and gather real-time practices. One example is Big Data Analytics Certification. We are going to have a closer look into the Data Science Salary in Singapore, factors that impact the salary and ways to increase your salary as a data scientist. So let us get started.
Who Is a Data Analyst, and What Do They Do?
If data and numbers are your ultimate interests, you might need to think about a profession as a Data Analyst. Whether it be statistical surveying, marketing projections or operations, each business gathers information or data. The Analysts make an interpretation of numbers and data into understandable English to assist associations and organizations. It guides those individuals in understanding ways to pursue better business choices. These Data experts are capable of researching several methods in which data can be utilized as a response to raising questions and taking care of issues. They concentrate on the methodologies that are ongoing in order to understand how to distinguish patterns and make forecasts about what's to come. This could be tricky, therefore, in order to attain fluency in Data Analytics, you can enroll yourself in Big Data Courses and take lessons from the experts.
These information investigators commonly use PC frameworks and computation applications in order to do the sorting. Data should be managed, standardized, and aligned so it may be removed, utilized alone, or put in with different numbers while sustaining its original structure. Realities and numbers are the beginning stage; however, what is most significant is understanding what they mean and fascinatingly introducing the discoveries with the help of diagrams, outlines, tables, and illustrations. These experts can translate data to report and make sense of what contrasts in numbers. Since they are, in many cases, the ones with the best feeling of why the numbers are how they will be, they are frequently approached to offer their advice concerning specific data of interest and how they can be changed or worked on throughout some undefined time frame.
How Much Is a Data Analyst Paid in Singapore?
Data analyst salary in Singapore varies depending on various factors. This can include your experience, educational background, knowledge and so on. For obvious reasons, if you are new to this field, your salary will be lesser in comparison to the one with experience. The other factor is the company you are applying for. Every company has its own salary structure. For instance, the average salary of a Data Analyst in GRAB is much more than DBS Bank.
- The average Data analyst in Singapore salary is SGD 60,000 PA.
- The approximate amount of salary for a fresher can be around SGD 42,000 PA,
- Senior data analyst salary in Singapore can be up to SGD 100,000 PA.
- Data analyst consultant hourly rate Singapore IS SGD 26.22.
These are the factors you need to revise before stepping forward. The salary expectations differ based on these factors.
Data Analyst Salary: Deciding Factors in Singapore
1. Experience
Data Analyst jobs in Singapore at entry level, intermediate level, and advanced level are plentiful. In these companies, one can find some of the top brands with high salaries and opportunities. The average data analyst salary in Singapore is SGD 60,000PA. Data analyst’s entry-level salary in Singapore is around SGD 50,000 PA, while a senior data analyst’s salary in Singapore is up to SGD 90,000 PA.
2. Skills
Different kinds of skills a Data Analyst can gather are Business Knowledge, Mathematics and Statistics, Technical Knowledge, Data Visualization, and Writing and communication.
The average Data Analyst salary in Singapore with Business related knowledge is SGD 72,180 PA. This city has different companies that run top-notch businesses for which they must hire these professionals. The task of these individuals demands data interpretation and numerical understanding for effective decision making.
The average Data Analyst salary in Singapore with Mathematical and Statistical knowledge is SGD 70,180 PA. Within this category, the work revolves around numbers and calculations. The functions or structures of a company can be confined within these technical windows by these professionals.
The average salary for a Data Analyst with Technical knowledge is SGD 80,080 PA in Singapore. In order to acquire this skill, you must be familiar with Microsoft Excel, SQL, R, etc. This specific criterion is highly in demand for almost every sector.
The average Data Analyst salary in Singapore with Data Visualization knowledge is SGD 60,000 PA. These individuals learn about the graphical representation of data. They can transform the data into a pictorial or graphical format.
The average salary for a Data Analyst with Writing and communication knowledge is SGD 65,000 PA in Singapore. Within this category, the individual owns the skill to write the data analysis for the other individual to understand or simply to keep a record for further investigation.
3. Industry
The list of top industries for a data analyst to work in are Technology, Healthcare, Government, and finance. In the field of technology, the average salary is SGD 88,833 PA. The average data analyst's gross salary in the field of healthcare in Singapore is SGD 86,400 PA. In the industry related to the government, they can earn an amount of SGD 90,303 PA. The average data analyst salary in the field of finance in Singapore is SGD 66,000 PA. It requires a different set of specified skills and experience to work in any of these industries. Every industry has its own necessity and methods of hiring Data Analysts.
4. Companies
Singapore is a hub for immense opportunities. If you are willing to initiate your career as a Data Analyst in Singapore, we have crafted a list of top companies for you to choose from and contemplate further. The list of top companies for a data analyst are Grab, Lynx Analytics, Crayon Data, Aureus Analytics, DBS Bank, Tookitaki, OCBC Bank, and Nugit. The salaries at top companies like Nugit in Singapore can range from SGD 42,000 - 144,000 PA. Based on their experience and qualifications, Data Analysts are assigned with a given salary and designation.
5. Education
The educational criteria can be divided into three parts: No Degree, Bachelor’s Degree, and Master’s Degree. In order to land this role, it isn’t necessary to hold a degree, but it is highly advisable to gain formal knowledge of the industry and work methodologies. The average salary for a data analyst without any degree can be approximately SGD 50,400 PA, while a Data analyst with a degree can earn up to SGD 100,000 PA at good companies.
Data Analyst Salaries by Industry in Singapore
Different types of industries for this profile are Technology, Healthcare, Government and Finance. Each of these industries has its own pay scale.
1. Technology
Data Analysts who fall under this industry are highly in demand. Increased productivity and profitability are the outcomes of this process. A conclusion is drawn about the information contained in the data sets based on their examination. The extraction and classification of information, combined with different techniques based on organizational requirements, is essential for identifying and analyzing information. The average data analyst’s gross salary in the field of technology in Singapore is SGD 88,833 PA.
2. Healthcare
The Healthcare industry has been recently catering to the importance of a Data Analyst. The association and management of huge and various datasets are among their obligations. Also, they investigate data on medical care to streamline business tasks. This is achieved while using information perception and definite reports. The average data analyst’s gross salary in the field of healthcare in Singapore is SGD 86,400 PA.
3. Government
Government-supported Data Analysts are employed to look at and work on current legislative projects. Commonly, these investigators carry out analysis on unambiguous points or activities and act as advisors for the administration of those ventures. It is very important for this industry to hire a person who knows how to gather and interpret data. The average data analyst’s gross salary in this field in Singapore is SGD 90,303 PA.
4. Finance
A financial data analyst plans monetary reports that act as outline data for the management team. The financial data analyst is liable for recognizing significant bits of knowledge and gathering logical reports that empower different workers in the organization to use wise judgment. These financial institutions need these professionals in order to make effective decisions by analyzing data. The average data analyst’s gross salary in the field of finance in Singapore is SGD 66,000 PA.
What are the Data Analyst Salaries in top companies in Singapore?
Every company has its way of functioning. They have their individualized salary updates. Given below is the list of Data Analyst salaries in top companies in Singapore:
| Top Companies | Estimated Annual Salary |
|---|
Grab | SGD 72,600 - 131,148 PA |
Lynx Analytics | SGD 55,500 - 96,000 PA |
Crayon Data | SGD 40,000 - 90,000 PA |
Aureus Analytics | SGD 70,000 - 80,000 PA |
DBS Bank | SGD 60,000 - 110,000 PA |
Tookitaki | SGD 70,000 - 100,000 PA |
OCBC Bank | SGD 80,000 - 120,000 PA |
Nugit | SGD 40,000 - 140,000 PA |
Data Analyst Salaries by Experience in Singapore
Data Analyst jobs in Singapore at entry level, intermediate level and Senior level are copious. In organizations, one can discover a portion of the top brands with significant compensations and valuable open doors. The average Data Analyst salary in Singapore is SGD 60,000 PA. Data analyst salary fresher in Singapore begins at approximately SGD 50,000 PA. As you start gaining experience, you can receive salary increments and promotions.
1. Entry-level data analyst: 1-4 years
Entry-level data analyst salary Singapore are decent enough to initiate the journey. They include some of the top companies with successful opportunities and good salaries. The designation that you can receive is Junior Data Analyst in companies like Deloitte. Junior data analyst’s salary in Singapore is around SGD 50,000 PA.
2. Mid-level data analyst: 5-9 years
Intermediate level Data Analyst positions in Singapore are here to give colossal development and productive future possibilities. The possible list of designations is plenty, including, simply put, Data Analyst under companies like IBM. The assessed salary for a mid-level Data Analyst is SGD 70,300 PA.
3. Senior data analyst: 10+ years
There are countless senior Data Analyst positions accessible in Singapore. The organizations incorporate probably the best brands with significant compensations and invigorating open doors. The designation that you could acquire is Senior Data Analyst under the companies like Apple, Tiktok and more. The Average Senior Data Analyst Salary in Singapore is SGD 80,000 PA.
Data Analyst Salary by Skills
1. Business Knowledge
The average Data Analyst salary in Singapore with Business related knowledge is SGD 72,180 PA. This city has various organizations that run first-rate organizations for which they should recruit these experts. The undertaking of these people requests information translation and mathematical comprehension for viable independent direction.
2. Mathematics and Statistics
The average Data Analyst salary in Singapore with Mathematical and Statistical knowledge is SGD 70,180 PA. Inside this industry, the work spins around numbers and computations. The capabilities or designs of an organization can be limited to these specialized windows by these experts.
3. Technical Knowledge
The average salary for a Data Analyst with Technical knowledge is SGD 80,080 PA in Singapore. To gain this expertise, you should know about Microsoft Excel, SQL, R, and so forth. This particular skill is profoundly sought after in pretty much every area.
4. Data Visualization
The average Data Analyst salary in Singapore with Data Visualization knowledge is SGD 60,000 PA. These professionals find out about the graphical portrayal of information. They can change the information into a pictorial or graphical configuration.
5. Writing and communication
The average salary for a Data Analyst with Writing and communication knowledge is SGD 65,000 PA in Singapore. In order to qualify for the same, the individual needs to possess the ability to compose the analysis for the other person to comprehend or, basically, to save a record for additional examination.
Data Analyst Salaries by Education in Singapore
1. No Degree
The average salary for a data analyst without any degree can be around SGD 50,400 per year. Although there isn’t any compulsion to own a degree in order to get this job, it is advisable to acquire formal learning opportunities.
2. Bachelor’s Degree
The average data analyst’s monthly salary in Singapore with a bachelor’s degree can be around SGD 7,000. A bachelor's degree in computer science, statistics, or information systems can be the building block of your career as a Data Analyst.
3. Master’s Degree
The average data analyst job in Singapore salary with a master's degree can be around SGD 70,000 - 100,000 PA. MSc in Data Science, MSc in Data Analytics and Business Economics (MScDABE), Master in Data Science & Deep Learning, Máster en Big Data & Business Analytics, MSc Data Science, and Master of Science in Information Systems-Data Analytics, etc. are a few of the degrees you can pursue.
Top Paying Cities for Data Analysts in Singapore
Every city within Singapore has a different range of salary based on one’s experience. Provided below is the list of cities that fall under efficient data analyst salary as per PayScale in Singapore. (The salary amount is in its approximate value.)
| Cities | Average Annual Salary |
|---|
Queenstown Estate | SGD 58,000 - 86,000 PA |
Old Kallang Airport Estate | SGD 60,500 - 90,000 PA |
Changi Village | SGD 57,380 - 80,000 PA |
Novena | SGD 37,420 - 90,000 PA |
Paya Lebar | SGD 41,198 - 80,000 PA |
Bukit Merah Estate | SGD 40,000 - $70,000 PA |
Orchard | SGD 68,241 - 80,000PA |
Tuas | SGD 49,625 - 90,000 PA |
Tampines New Town | SGD 53,458 - 89,000 PA |
How Can You Start Your Data Analytics Journey?
In order to start your journey as a Data Analyst, there are a few steps that you must follow. We understand that stepping into a professional world can be overwhelming. But with the right amount of training or knowledge, you can excel in any field. Data analyst salary make in Singapore could tempt you to proceed further.
1. Avail a basic level of training.
This could be in the form of studying, supervised training or guidance from an experienced individual. Freelancing is also one of the best ways to introduce yourself to this field. Freelancing data analyst salaries in Singapore are decent enough to support your career and pay for your courses.
2. Attend different certification courses or pursue a degree.
This could help you in forming your base. We are highly aware of the fact that it is very important to collect a few valid certificates and initiate the learning process in a better way.
3. Construct your specialized abilities.
These are the kinds of abilities that could be uniquely yours. There must be certain areas that interest you the most. Focus on those specific areas and embark on your journey.
4. Work on projects with genuine information in a supervised environment.
It is very important to have a guide who can assist you throughout this journey. They would motivate you to do better and show you ways to improve your skills with practical examples. These mentors are experienced in this field; therefore, their help will impact your success greatly.
5. Keep a record of your work advancement and welcome every sort of feedback.
Feedbacks are way too crucial than we can imagine. Oftentimes we proceed with our work without any feedback. That restricts your growth and the spaces that can be filled. We aren’t perfect. There will always be ways for some blunders. These feedbacks could show the loopholes that must be attended to and complement you whenever needed.
6. Work on introducing your discoveries and putting them forward for others to experience.
As you enter this world, initiate your discoveries too. By doing so, you could keep a record of your work and improvements. It is pivotal to know where you are currently in terms of your knowledge and skills.
7. Get an entry-level job
Enter the professional world of practical methodologies. This will provide you with first-hand experiences in the official environment. Learning how the team works, understanding the company’s requirements and utilizing your skills in a fast-paced environment is always effective for growth.
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Conclusion
To get started with becoming a certified data analyst, it is highly crucial to adopt the necessary skills and tools required to proceed with the profession. You can do this by attending KnowledgeHut Big data Analytics course, where you can gather immense knowledge about different elements within this field, like Tableau and SQL, from only the highly profiled professionals. Along the way, you can freelance because a data analyst’s salary per hour in Singapore is commendable. This could help you acquire effective certifications, experiences, and knowledge, which can ultimately help you in landing a good job opportunity. It is very important to understand that the more experience you can gather within this field, the better. Data Analyst pay in Singapore is very efficient.
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