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Machine Learning Engineer Salary : How Much Does An ML Engineer Earn?

22 Dec 2022
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What is Machine Learning Engineering?  

A machine learning ML engineer is a professional who researches and builds an AI system to automate the insights data models. Machine Learning engineers design artificial intelligence algorithms that automate and can make data-driven decisions and insight predictions that involve machine learning. A machine learning engineer's work involves dealing with the data science team and communicating with the data scientists, data analysts, data architects, and administrators. The association with the teams from the IT departments, software development, and sales and management team is also a part of the work for a machine learning engineer.

ML engineers play a vital role in maintaining the balance between the data scientists who focus on statistics and data-driven models and developing ML and AI systems. This article will enlighten the best job, and machine learning salary offers for 2023.

Skills and Qualifications to Become a Machine Learning Engineer?

The following skills and qualifications are required to be a professional machine learning engineer.

  • Good knowledge of advanced mathematics and Bayesian statistics, Linear algebra, and calculus.
  • Degree in computer science, math, statistics, or software engineering.
  • Master's degree in neural networks, machine learning, and deep learning.
  • Analytical, problem-solving abilities, and teamwork skills.
  • Experience in data science or software engineering.
  • Coding and programming languages, like Python, Java, C++, JavaScript, and v.
  • Good exposure and experience in working with ML frameworks.
  • Experience working with ML libraries, projects, and packages.
  • Strong understanding of software architecture, data structures, data modeling, and 
  • Knowledge of computer architecture.

Industries or Jobs related to Machine Learning?

Machine Learning, along with Artificial Intelligence, can handle massive amounts of data and construct it into helpful information. This ability of machine learning allows the global market to seek great talent in the ML field. The five top  most industry sectors that are high in demand for machine learning engineers are:

  • Finance
  • Healthcare
  • Transportation
  • Cybersecurity
  • Agriculture

The career opportunities for artificial intelligence and machine learning engineers in the above-mentioned fields are always high.

FAQ

What is the Salary of a Machine Learning Engineer?

The talent and experience of the machine learning engineer can take a machine learning engineer to the top heights of his career. The salary of a machine learning engineer also depends on the company and the location. The overall salary package of a machine learning engineer in 2023, as per the PayScale report, is from $75000 to $150000. Various factors are responsible for the high-end salary package, including experience, talent, industry knowledge, and project-handling capability.

Salary package for Machine Learning Engineer in India

In India, top entry-level machine learning engineers are offered around 500,000 per year with a minimum of a year of experience. Early-stage machine learning engineers typically charge 670,000 yearly, depending on their skills, location, and demand. The yearly pay of a mid-level engineer is 12,000,00. An ML engineer's salary in India may differ depending on the area and level of expertise.

Are you interested in a machine learning engineer work role or want to acquire new skills in machine learning? Enroll in Fingertips' Data Science and Artificial Intelligence Program in collaboration with E&ICT IIT Guwahati!

Salary package for Machine Learning Engineer in the UK

A fresher can anticipate around £30,000. The pay package differs from £40,000 to £ 50,000 per experience and work exposure. An experienced lead machine learning engineer can grab £75,000 to £85,000.  Top companies like Facebook, Amazon, and Google have vastly advanced level requirements. You can get approx £160,000 international corporate industry. The salary package depends greatly on expertise, specializations, experience, project exposure, and credentials.

Upskill or Expand your Skill sets to get a lucrative Machine-Learning Salary

Many businesses know the advantages and have experienced a massive improvement in business growth because of the implementation of machine-learning technology. The opportunities for machine learning professionals are enormous in the industry across the world. The pay packages are exclusive, and the machine learning jobs contribute vastly to the world through technological advancements. Machine learning jobs are in high demand and will always remain the top high-end jobs in the IT industry. So are you looking for a career in machine learning or planning to upskill with machine learning techniques? Get certified by a known institute and make sure you get quality knowledge.

About the Author

 fingertips Fingertips

Fingertips is one of India's leading learning platforms, enabling aspirants - working professionals, and students to enhance competitive skills and thrive in their careers. We offer intensive training in areas such as Digital Marketing, Data Science, Business Intelligence, Artificial intelligence, and Machine Learning, among others.

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