Usually, B. Pharm students have the following options after passing the course. Students of M. Pharm will have the opportunity to command better salaries.
Hospital pharmacist, Production & Manufacturing, Pharma representative & more (mentioned in the table below)
Broadly categorized under following classes:
Post Higher Education opportunities
This is what the starting salary structure looks like for Pharmacy freshers.
The Snapshot of starting Salary structure for B. Pharm, M. Pharm & PhD.
|Job Type||Salary Range (But not limited to)||Remarks|
|Government Pharmacist||Rs. 45000/year x 2yrs then Rs. 56000/year + other allowances||Allowances as per Govt. Rules|
|Medical Representative (Marketing)||Rs. 18000/- to Rs. 35000/-|
|Production and Quality Control||Rs. 8000/- to Rs. 20000/-|
|Regulatory Affairs||Rs. 10000/- to Rs. 18000/-|
|Medical Underwriting||Training period Rs. 10000/- to Rs. 12000/-
Post-training- Rs. 20000/-
|After 2 to 3 yrs experience can be ranging as Rs. 35000/- to Rs. 40000/-|
|Retail Pharmacy (Private)||Rs. 10000/- to Rs. 20000/-|
|Post M. Pharm||Rs. 12000/- to Rs. 30000/-||prestigious Institute like NIPER, BITS, etc. provide better placements|
|B. Pharm + MBA||Rs. 20000/- plus||The reputation of MBA college matters here too|
|MS Pharma||Salary better than M. Pharm||MNCs Preferred|
|PHD||Starting can be Rs. 40000/- or above||Higher salaries in Developed countries|
|This is an approximation of starting salaries & salary ranges may change as per changing business environment.|
Suggested reading: Survey – What Salary Do Medical Representatives Earn In India?
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