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Last Updated On 29 May, 2020
A Research and Development Manager is a person who performs many important roles such as planning, implementing and researching new programs within the organisation. Work and duties of a research and development manager will vary according to the type of industry in which he/ she is working. A good research and development manager should have the ability to work with all various types of companies. He must have a good knowledge of all other sectors which might affect the development of any organisation.
Some of the major tasks performed by a research and development manager are analysing the development and progress of new programs and products, assessing staff performance, coordinating the team’s work, recruiting staff, managing budgets and preparing reports about the progress. He should be updated with the latest technologies available in the research and development field. Besides this, he must make sure that the company is meeting the safety standards. A good research and development manager is hired by companies from healthcare, business, technology, and pharmaceuticals sectors. Candidates who are interested in managing research related activities can opt for a career as a research and development manager.
Candidates should satisfy the minimum eligibility requirements provided below in order to work as a research and development manager.
Education: Candidates who are applying for a job as a research and development manager must have a bachelor's degree in finance, human resources or general management. There are some companies that hire only those candidates who have a master's degree. Candidates are thus advised to check the eligibility criteria decided by the company before applying.
Experience: Career as a research and development manager requires work experience of 1-2 years. Candidates who have just completed their degree can apply for an internship or part-time job for research related profile to gain experience. Besides this, they can also gain experience from startups.
Skills: Apart from the academic requirements, candidates who are applying for research and development manager profile must have some skills related to management and planning. The skills are listed below
There are many job profiles available for the research and development manager. Their job roles will depend on the type of industry they are working in. Some of the job profiles are as follows
Many companies require good research and development manager. Candidates can apply for a job as per their interest. Some of the sectors where they can apply are :
Some of the major recruiting companies hiring research and development managers are
Salary of a Research and Development Manager will depend upon the type of industry and profile of the candidate. The average salary of a research and development manager is provided in the table below.
Profile | Starting Salary per annum (in INR) | Mid Level Salary per annum (in INR) | Senior Level Salary per annum (INR) |
Research and Development Manager | 4,01,000 | 10,00,000 | 30,00,000 |
Business Development Manager | 2,72,000 | 6,02,000 | 10,00,000 |
Product Development Manager | 3,79,000 | 10,00,000 | 20,00,000 |
A research and development manager should be well updated with the latest information in the field of research and development. There are many books available in the market that can help the research and development manager to understand more about the industry. Some of the books recommended for research and development manager are listed below.
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