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Highest Paying Jobs in the Pharmaceutical Industry - Profiles, Salary, Responsibilities

Diksha Nautiyal
Diksha NautiyalUpdated On: July 09, 2021 12:27 pm IST

The reason why pharmacists have great jobs is that there are diverse career options available in the field. The work-life balance of a professional in the pharmaceutical industries proves the flexibility in the area.

High Paying Pharmacy Jobs

It is no secret that the Pharmaceutical industry can produce lucrative jobs. With the continuous increase in demand for professionals in the medicine and health care sector, the field of Pharmacy is crating more employment opportunities than ever and the numbers are expected to rise in the upcoming decade.

The salary and success in Pharmacy jobs depend on a number of factors. In this article, we will discuss these factors and list the top high-paying jobs in the field of Pharmacy. So, if you are thinking of pursuing a pharmacy course and want to know what the field has to offer you then this article is for you.

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Best High Paying Pharmacy Jobs

Here is a list of lucrative jobs in the Pharmaceutical industry that you can explore.

Job Titles/ Types

Responsibilities

Skills Set

Salary

Biotechnology Research Scientist

  • A Biotechnology Research Scientist deals with assessing new technologies and their applications to plan, manage and propose to report findings and manage research projections.

  • Clinical Research

  • Bioinformatics

  • Project Management

  • Well-versed in Biotechnology

  • Biotechnology Research Scientists working in major companies can earn up to INR 50 LPA.

  • With experience, the salary package can even increase to INR 72 LPA.

Pharmaceutical Field Sales Representative

  • A Pharmaceutical Sales Representative deals with selling the technical products of an organisation to its customer base.

  • The sales reps maintain and prepare records for sales progress status and new leads.

  • Sales Ability

  • Authenticity

  • Technical and Scientific Grasp

  • Resistance and Stamina

  • Ambition

  • Organisational Skills

  • Ability to Listen

  • A sales rep can earn up to INR 20 LPA in big organisations.

  • In the US, a professional with 10 years of experience can earn as high as 50 LPA.

Research Scientist

  • A Research Scientist deals with writing grant proposals for research funding.

  • They write research papers, reviews, reports and complete funding bids and applications.

  • Research Analysis

  • Classwork Experience

  • Observational

  • Well-versed with lab procedures

  • Computer analysis

  • Patience

  • Determination

  • Attention to Detail

  • Excellent Analytical Skills

  • Excellent Writing Skills

  • Research Scientists in the Pharmaceutical industry can earn up to 70 LPA.

Pharmaceutical Financial Analyst

  • A Pharmaceutical Financial Analyst deals with evaluating potential investments, analysing financial data and developing forecasts.

  • They determine how profitable or stable different businesses and bonds are to provide a company’s management teams with recommendations.

  • Knowledge of Finance

  • Understanding of Business Statistics

  • Market knowledge

  • Time Management

  • Interpersonal Skills

  • A Pharmaceutical Financial Analyst usually begins with earning up to 20 LPA.

  • With experience, the salary can reach up to INR 50 LPA.

Drug Regulatory Affairs

  • Professionals in Drug Regulatory Affairs deals with reviewing and preparing reports to market authorisation activities and support clinical trials for external and/ or internal clients.

  • They provide high-quality CMC and provide support for complex projects.

  • Good Analytical Skills

  • Negotiating Skills

  • Presentation Skills

  • Judgment Skills

  • Attention to Details to Identify Issues

  • In India, Pharmaceutical Regulatory Affairs can initially earn anywhere between INR 5 LPA to INR 8 LPA.

  • With experience, the package can reach up to INR 20 LPA.

Drug Inspector

  • A Drug Inspector deals with testing drugs for the valuation of efficacy, quality and safety of drugs.

  • They take samples and enforce activities like inspections and raids.

  • Commitment

  • Honesty

  • Discipline

  • Patient

  • Confident

  • The profile of a Drug Inspector in India is usually found in the Government sector.

  • The initial average salary ranges between INR 6 LPA to INR 10 LPA

Pharmacist

  • A Pharmacist deals with dispensing and supervising medications and counselling patients as prescribed by a physician.

  • They check the drug interactions and review prescriptions for accuracy.

  • Computer Literacy

  • Counselling

  • Ability to Prioritise

  • Analytical Mind

  • Ability to Multitask

  • Diplomacy

  • Accuracy

  • Financial Acumen

  • Depending upon the employer, experience and location, the salary of a Pharmacist can vary greatly.

  • A Pharmacist can earn anywhere between INR 1.5 LPA to INR 16.2 LPA.

How to Get High Paying Pharmacy Jobs?

The criteria for different job profiles in the Pharmaceutical industry differ. But, what most of the job profiles have in common is a degree in Pharmacy. There are a number of bachelor, master, certificate and diploma courses available in the field of Pharmacy that you can explore. Some of the top pharmacy courses have been listed below.

D.Pharm. (Diploma in Pharmacy)

PGDM in Pharmaceutical Management

Diploma in Pharmaceutical Management

Post Graduate Diploma in Pharmacovigilance

Diploma in Veterinary Pharmacy

Post Graduate Diploma in Pharmaceutical Quality Assurance

B.Pharm (Bachelor of Pharmacy)

B.Pharm. in Pharmaceutical Chemistry

B.Pharm. in Pharmacognosy

B.Pharm + M.B.A. (Dual Degree)

B.Pharm. in Ayurvedic

M.Pharm (Master of Pharmacy)

M.Pharm in Clinical Pharmacy

M.Pharm in Industrial Pharmacy

M.Pharm in Drug Regulatory Affairs

M.Pharm in Biotechnology

Top Pharmacy Colleges in India

Here is a list of some best colleges to pursue Pharmacy in India. You can apply for admission to these colleges by simply filling out our Common Application Form (CAF) and you will be guided throughout the admission process by our education experts.

Krupanidhi Group of Institutions, BangaloreSuresh Gyan Vihar University (SGVU), Jaipur
Dr. K.N. Modi University - (DKNMU), Newai, TonkGuru Nanak Institutions Technical Campus (GNITC ), Hyderabad
Apeejay Stya University (ASU), GurgaonSwami Keshvanand Institute of Technology (SKIT), Jaipur
Noida Institute of Engineering & Technology - NIET, Greater NoidaJayoti Vidyapeeth Women's University - JVWU, Jaipur
KL University - (KLU), GunturSree Sastha Group of Institutions (SSGI), Chennai

Related Articles

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Pharmacy Entrance Exams in IndiaD.Pharma Admissions in India

The reason why pharmacists have great jobs is that there are diverse career options available in the field. The work-life balance of a professional in the pharmaceutical industries proves the flexibility in the area. The field offers potential job growth and on the top of that, mentioning about high salary would be stating the obvious. There are immense job opportunities for skilled and talented candidates like you. So, make sure that you have all the knowledge of the field to excel in it. If you have doubts or any queries, you can ask by dropping your question in our QnA Section. Good Luck!

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In order to find a list of colleges that accept TS EAMCET score for Pharmacy admission, you need to read the following article:

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