India is said to be one of the largest producers of generic drugs globally. India stands 3rd in production and supply of pharmaceuticals. According to data published by IBEF, “Indian Pharmaceutical sector supplies 50% of various vaccines across the world, 40% of generic drugs in the US and 25% of all medicines in the UK.”
According to the Indian Economic Survey, the pharmaceutical market in India is expected to grow 3 times by 2030. Currently, the pharmaceutical market stands at US$ 42 billion which is expected to reach US$ 65 billion in 2024 which is further expected to expand by US$ 120 - 130 billion by 2030.
India was one of the first countries to develop the covid vaccine and supply it worldwide. According to Business Line, India has exported around 17.04 crore doses of vaccine to around 96 countries and UN agencies globally.
M.Pharma Jobs
Post completion of M.Pharma, there are plethora of opportunities available to the candidates In both private sector and public sector. Some of the top recruitment areas are research facilities, educational institutions, pharmaceutical manufacturing, healthcare centers, food administration etc. Discussed below are some of the top job profiles on which the candidates can be employed for along with the average salary,
| Job Profile | Description | Average Annual Salary (INR) |
|---|---|---|
| Pharmacist | A Pharmacist is responsible for compounding and dispensing medicines. They also review the prescriptions and make sure the patients are getting the correct medicines. | 2.77 L |
| Drug Control Officer | A Drug Control Officer reviews the quality and composition of a drug or medicine to ensure that it is safe before it reaches the market. | 8 L |
| Medical Coder | A Medical Coder reviews and analyzes all documents related to reimbursement. They make sure that all documents are attached within the file and then analyze the medical records. | 2.56 L |
| Medical Writer | Medical Writers work alongside doctors and scientists and write about innovations in medical science for various hospitals, pharmaceutical industries, medical centers, etc. | 5 L |
| Research Officer | A Research Officer is responsible for conducting research by retrieving material from the internet, paper sources or by interviewing people and writing about the research specifications | 5.50 L |
| Lecturer | A Lecturer is responsible for teaching college/university students and providing them with study material and guidance through their research projects. | 8 L |
| Medical Representative | A Medical Representative is the marketeer of a pharmaceutical company who is responsible for promoting a medicine to a seller. | 3 L |
| Production Manager | A production manager is a professional who looks after the production processes and looks after the production of medicines. | 10.24 L |
| Chemical Pathologist | Chemical Pathologists is the one who is responsible for monitoring bodily fluids like blood, urine to study changes in the chemistry of the body. Some of the important skills are analytical thinking skills, knowledge of medicine etc. | 10 L |
| Research Scientist | Research scientists conduct experiments for research, make hypotheses, and interpret the results. They are basically associated with the study of medicines, salt and chemicals. | 8.55 L |
M.Pharma Jobs: Sector Wise
M.Pharma jobs are not only limited to the private sector but also have a huge scope in the public sector as well. Candidates can be employed as pharmacists, drug control officers, clinical project managers etc. According to Payscale, The salary in the private sector is around INR 3.50 LPA while the salary in the government sector is comparatively higher. Let’s discuss the jobs that a M.Pharm graduate can get in both private as well as public sector along with their salary structure,
M.Pharma Jobs: Private Jobs
The scope of M.Pharm is wide in the private sector. With the advancement in technology, the opportunities have seen considerable growth for the production and manufacturing of medicines. The average salary of a M.Pharm graduate in the private sector is around INR 3.60 LPA. Tabulated below are the top job profiles in the private sector along with average salary,
| Job Profile | Description | Average Annual Salary (INR) |
|---|---|---|
| Senior Executive Assistant | A senior executive assistant looks after the administrative work and performs tasks of the upper level management of the organization. | 4.90 L |
| Clinical Project Manager | A Clinical Project Manager is responsible for preparing the budget of the project and coordinating with the functional departments to make sure all the operations are on time and within the budget. | 8.60 L |
| Technical Specialist | A Technical Specialist is responsible for managing and handling the equipment that are present in the laboratory and also guides the researcher on how to use those equipment. | 7.40 L |
| Senior Research Associate | A Senior Research Associate is responsible for conducting research about the latest developments in the drug and medicine industry and how these drugs will benefit the medical industry. They also have to report and document their findings. | 4 L |
| Pharmacists | A Pharmacist compounds and dispenses medicines according to the prescription of the patient and guides them on how to take those medicines. | 2.80 L |
M.Pharma Jobs: Government Jobs
The jobs for M.Pharma graduates who wish to pursue their career in the government sector are very vast. Candidates can get a job In public sector by giving several competitive examinations followed by the interview. Government sector not only offers a high salary as compared to the private sector but also other benefits such as retirement funds, provident funds, etc . According to Payscale, the average salary of a M.Pharm graduate in the government sector is around INR 3.83 LPA. Tabulated below are the top job profiles in government sector with their average salary for your reference,
| Job Profile | Description | Average Annual Salary (INR) |
|---|---|---|
| Research Scientist | Research Scientists are responsible for conducting research within the field of drugs and medicines, write reports and make conclusions on that basis. | 7.10 L |
| Quality Assurance Specialist | A Quality Assurance Specialist is responsible for conducting certain tests on the drugs and medicines that are manufactured to ensure that they meet certain quality standards and are not harmful in consumption before they enter the market. | 7 L |
| Regulatory specialist | A Regulatory Specialist studies the latest laws and regulations regarding the drug and medicine industry and ensure that the company complies to those regulations. | 6 L |
| Senior Research Associate | A Senior Research Associate researches about the existing and latest developments of drugs and medicines, their composition, consumption, usage, etc. and reports about these findings so that they can benefit the medical industry. | 4 L |
| Lecturer | A Lecturer is responsible for teaching college/university students about the specifications of the Pharmacy course and provide them with study material. They also guide the students in their research projects while conducting their own research at the same time. | 8 L |
Jobs for M.Pharma Fresher
After completion of M. Pharm, candidates have the option to open their own medical store or if they want to work in corporate there are several pharmaceutical and manufacturing companies looking to employ the fresh graduates. Candidates also have the option to continue with research in various research facilities etc. Tabulated below is the salary of a M.Pharm fresh graduates along with the salary offered to them are provided below for your reference,
| Job Profile | Average Annual Salary (INR) |
|---|---|
| Pharmacist | 1.44 L |
| Drug Control Officer | 5.38 L |
| Medical Representative | 1.60 L |
| Medical Writer | 2.10 L |
| Research Associate | 3.80 L |
| Clinic Manager | 2 L |
| Research Officer | 2.40 L |
M.Pharma Jobs in India
M.Pharm is a 2 year post graduate program. With the advancement in technology and growth in medical research, the job opportunities are ample. There are various jobs available based on candidates skills and specialization. Some of the top job profiles are provided below for your reference,
| Job Profile | Average Annual Salary (INR) |
|---|---|
| Research Scientist | 7.19 L |
| Medical Writer | 5.95 L |
| Senior Executive Assistant | 4.84 L |
| Research & Development Manager | 9.32 L |
| Regulatory Specialist | 5.98 L |
| Quality Assurance Specialist | 7.11 L |
| Clinical research Associate | 3.34 L |
| Quality Assurance Associate | 4.62 L |
M.Pharma Jobs : Salary
According to Ambitionbox, the average salary is INR 2.90 LPA. Candidates with 4 - 9 years of experience can expect a salary of INR 5.30 LPA. The highest salary of a M.Pharm graduate is around INR 17 LPA. Some of the top recruiters are cipla pharmaceutical, Dr. Reddy’s, Dr. Batra, Sun Pharmaceutical etc. The salary also depends on skills such as Pharma marketing, pharma selling, business development etc. Some of the top job profiles are provided below for your reference,
| Job Profiles | Average Annual Salary |
|---|---|
| Pharmacist | Check Salary |
| Chemist | Check Salary |
| Medical Representative | Check Salary |
| Clinic Manager | Check Salary |
| Clinical Research Coordinator | Check Salary |
| Chemical Pathologist | Check Salary |
| Medical Practice Manager | Check Salary |
| General Physician | Check Salary |
M.Pharma Jobs: FAQs
Ques. What do M.Pharm graduates do?
Ans. A M.Pharm graduate can choose to do the following:
- They may choose to work in government hospitals like AIIMS or KGMC as a pharmacist where they are employed on a permanent basis with very good salary packages.
- They can also work as Drug Inspectors where their responsibilities would include monitoring and testing the quality and composition of drugs from their manufacture to sale.
- A M.Pharma. graduate can also set up his own pharmacy and deal with medicines.
- They can also work as Medical Representatives in the pharmaceutical industries where they will be responsible for marketing the medicines that are produced within the company.
- They can also choose to study further and carry out research in the field to become a professor.
Ques. What are the career prospects of M.Pharm ?
Ans. There are career options after M.Pharm:
- Drug Inspectors
- Medical Representative
- Pharmacist
- Lecturer
- Wholesaler
Ques. What are the skills required to become a Pharmacist?
Ans. The skills required to become a Pharmacist are:
- Strong communication and interpersonal skills
- Multitasking
- Knowledge of drugs and medicines
- Attention to detail
Ques. Who are the top recruiters for M.Pharm graduates?
Ans. Some of the top recruiters for M.Pharm graduates are:
- Cipla
- Sun Pharmaceutical Industries
- Dr. Reddy’s Laboratories
- Biocon Limited
Ques. Is there any internship required to become a Pharmacist ?
Ans. No, there is no internship required to become a Pharmacist but previous experience in the field is preferred.
Ques. Can a student from pharmacy background become an IAS Officer ?
Ans. Yes, a student from any background irrespective of the discipline can become an IAS officer.
Ques. Can one pursue M.Pharm from distance learning?
Ans. Yes, one can pursue M.Pharm from distance learning but it is preferable to pursue it from a regular college.
Ques. What is the highest salary of a Medical Representative?
Ans. The highest salary of a Medical Representative is around INR 4-5 LPA.
Ques. What does a Drug Inspector do?
Ans. A Drug Inspector has the following duties:
- They approve licenses to drug companies and ensure that all the conditions for the license are being met.
- Conduct regular inspections of drug manufacturing establishments.
- Test drugs and make sure that their composition is not harmful.
- Ensure that all hygiene and safety guidelines are being met.
Ques. What is the highest salary of a Research Scientist?
Ans. The highest salary of an Auditor is around INR 15 LPA.
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