Separator

Financial Analytics Industry in India Grows to $1.2 Billion With Mumbai Being The Hub For Growth & Innovation

Separator
Team SIWith banks and financial institutions setting up dedicated analytics units and CoEs, Indian financial ecosystem is on a marked growth trajectory, with the size of the financial analytics industry estimated to be $1.2 billion (annual) in revenue, a new study by Analytics India Magazine and Jigsaw Academy indicates. The study conducted over a period of six months found that 7,000 freshers were added to the financial analytics workforce in India in 2018 and the currently, 60,000 analytics practitioners are working in the financial ecosystem.
0 positions related to financial analytics currently available to be filled in India
Mumbai continues to be the financial hub with 33% analytics professionals working in the financial capital followed by Bangalore with 24% analytics
professionals in the finance sector.

Around 7,000 freshers were added to the financial analytics workforce in India in 2018.
Top skills financial institutions look for are Data Analytics, Marketing Analytics, Predictive Modeling, Business Analytics, SAS, Campaign Management & Business Intelligence.

Top 10 companies that employ the maximum number of financial analytics professionals in India are HSBC, American Express, ICICI Bank, Moody's Analytics Knowledge Services, Citi, JPMorgan Chase & Co., HDFC Bank, Axis Bank, EY & Barclays
10 leading organizations with the highest number of financial analytics openings this year are - Fidelity Business, eClerx Services, Bajaj Allianz, Morgan Stanley, RBS India Development, HDFC Bank, Ernst & Young, Invesco, PwC & ICICI