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

Updated On: June 08, 2023 06:37 AM

Table of Contents

Best High Paying Pharmacy Jobs
High Paying Pharmacy Jobs: Qualifications Required
Key Responsibilities for High Paying Pharmacy Jobs
Skills Required for High Paying Pharmacy Jobs
How to Get High Paying Pharmacy Jobs?
Top Pharmacy Colleges in India
Related Articles

It is no secret that the Pharmaceutical industry can produce lucrative jobs. With the continuous increase in demand for professionals in the medicine and healthcare sector, the field of Pharmacy is creating more employment opportunities than ever and the numbers are expected to rise in the upcoming decade. The pharmaceutical industry in India is growing at a rate of 8 percent in the drug sector and 16 percent in the medical sector. This has paved the way for a boom in the highest paying jobs in pharmaceutical industry in India.

Students aspiring to forge a career in this thriving field can use this article as a guide to learn more about the high paying jobs Pharmacy jobs. The pharmaceutical industry is centred on testing, researching, developing, producing, administering, and dispensing medicinal products and services. 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 any of the Pharmacy courses and want to know what the field has to offer you then this article is for you.

BPharm Admissions in India	What After B.Pharma? - A Complete Course Guide

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.

Also Read: Pharmacy Entrance Exams in India

High Paying Pharmacy Jobs: Qualifications Required

Given below are some of the educational requirements that students need to meet to get jobs in Pharma industry:

A graduate degree in BPharma from a recognized college or institute

A postgraduate degree, Master of Pharmacy from a recognized institute or university

A two-year long Diploma in Pharmacy along with relevant training

Key Responsibilities for High Paying Pharmacy Jobs

Here are the roles and responsibilities that come along with working in highest paying jobs in Pharmaceutical industry:

Projects development
Budget management
Preparing reports and presentations
Updating database
Creating strategies to meet long-term and short-term goals and targets
Monitoring quantity and quality-related issues
Conducting and overseeing trials and tests
Managing, accumulating, and documenting technical & non-technical data

Skills Required for High Paying Pharmacy Jobs

Candidates aspiring to work in this Pharma industry should possess the skills given below to land some of high paying jobs in pharmaceutical sector:

Analytical skills	Sales, marketing, and negotiation skills
Expertise in statics, databases, product lines, and medical industry operations	Researching, recording, and reporting skills
Excellent communication and interpersonal skills	Problem-solving skills
Observation skills	Organizational skills
Scientific knowledge	Management skills
Understanding of supervising clinical trials	Time management skills

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

Also Read: Career After M.Pharma

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, Bangalore	Suresh Gyan Vihar University (SGVU), Jaipur
Dr. K.N. Modi University - (DKNMU), Newai, Tonk	Guru Nanak Institutions Technical Campus (GNITC ), Hyderabad
Apeejay Stya University (ASU), Gurgaon	Swami Keshvanand Institute of Technology (SKIT), Jaipur
Noida Institute of Engineering & Technology - NIET, Greater Noida	Jayoti Vidyapeeth Women's University - JVWU, Jaipur
KL University - (KLU), Guntur	Sree Sastha Group of Institutions (SSGI), Chennai

B.Pharm vs D.Pharm: Which is Better?	D.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 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, ensure 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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Can I get direct admission in B.Pharma at LPU?

-pankajUpdated on November 07, 2024 01:18 PM

7 Answers

punita, Student / Alumni

For getting admission in B.Pharma you need to fulfill eligiblity criteria of LPU .B.pharma is approved from PCI(pharmacy council of india).you need to quality one entrance test i.e LPUNEST(national entrance and scholarship test).obce u clear thhis you can proceed for admission or if you quality any national level test that also can be considered as per the Rak or score card. For more details contact LPU.

I got 36k rank in ts eamcet can get pharm d course through there rank how to give web options

-VenkateshUpdated on October 31, 2024 03:44 PM

1 Answer

Ritoprasad Kundu, Content Team

Dear student, with a rank of 36k in TS EAMCET you can get admission at Palamuru University, Deccan College of Pharmacy, JNTUH College of Pharmacy, CMR College of Pharmacy and Bhaskar Pharmacy College.

I got 39753 rank in AP eamcet. I'm sc girl.can I get free seat in Doctor of Pharmacy

-Hani KaladasiUpdated on November 04, 2024 03:54 PM

1 Answer

Mrunmayai Bobade, Content Team

Dear student,

If you got a 39753 rank in AP EAMCET and you are a female candidate belonging to the SC category, then it is not possible to get a free seat in Doctor of Pharmacy. Only those students who obtained a rank below 10,000 and have a family annual income of less than 2 LPA in total are eligible to get a Pharm D free seat in Andhra Pradesh. For example, an SC candidate may receive a rank of between 20,000 and 25,000 if they score more than 65% in Intermediate and 80 to 90 in the AP EAMCET. …