On an average, M Pharma salary ranges from anywhere between INR 4 LPA to INR 15 LPA. However, several factors come into play while determining the expected salary of an M Pharmacy graduate: type of employment, department, location, expertise, skills, and knowledge. Therefore, to understand the M Pharma salary in detail, a few things should be kept in mind. Firstly, the scope of M Pharmacy have widened the opportunities of the post-course career prospects in India, as well as abroad. Thus, students pursuing a M Pharma degree can opt for career opportunities abroad, which will automatically determine their desired salary expectations differently. Secondly, the average M Pharma salary offered to fresh graduates is vastly different in Government and Private Sectors. Finally, M Pharma graduates with proper prior working experience are always preferred and offered a higher salary than the ones with no prior working experience in the field of medical science.
The common M Pharma job roles with lucrative salary packages offered to interested individuals include Drug Control Officer, Medical Writer, Pharmacist, Research Officer, Medical Coder, Research Scientist, etc. The average salary range offered to M Pharma graduates without any prior experience is between INR 4 LPA to INR 7 LPA approximately while the highest salary range offered to them with prior experience is between INR 6.5 LPA to INR 15 LPA approximately. Needless to mention, the role of a Pharmacist in India is ever-growing and therefore, the scope for M Pharma career prospects are growing with time. Therefore, a detailed insight of the M Pharma salary for all kinds of employment opportunities is mentioned below.
The average M Pharma salary is evidently higher than some of the other fields in medical sciences in India, with a lot of scope for future career growth and high-paying opportunities. An individual with a M Pharmacy background and a practical experience in the field, may expect to receive a highest salary of INR 15 LPA or even more, irrespective of whether they work at a Government or a Private sector. The average monthly M Pharma salary may range from INR 15k to INR 40k in Government sector, whereas, it may range from INR 20k to INR 60k in Private sector.
However, the demand of a particular job profile usually determines the average M Pharma salary to be offered to an individual at the time of recruitment. It is also important to note that junior and senior Pharmacists are often paid differently based on the varying range of working experiences of the respective individuals.
A detailed structure of the average salary of M Pharma is mentioned in the table below:
Job Roles | Average Annual Salary Range After M Pharma |
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Pharmacist |
|
Medical Coder |
|
Research Officer |
|
Medical Representative |
|
Chemical Pathologist |
|
Production Manager |
|
Research Scientist |
|
Drug Control Officer |
|
Medical Writer |
|
Candidates must take a look at the fresher average salary division after M Pharma for different job profiles mentioned below:
Qualifications | M Pharma Average Annual Salary |
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Pharmacist | INR 2 LPA |
Research Associate | INR 4 LPA |
Drug Control Officer | INR 5 LPA |
Clinic Manager | INR 3.5 LPA |
Medical Representative | INR 2 LPA |
Research Officer | INR 4.5 LPA |
Medical Writer | INR 2.6 LPA |
The work setup in Government and the Private sectors are quite different from one another. After completing M Pharmacy, all graduates are eligible to apply for a number of job opportunities in both these sectors. Mentioned below are the detailed M Pharma salary structures for all those who want to pursue a career in the Government/Private sector.
M Pharma graduates can also apply to a number of government jobs across the country. Mentioned below is an average salary range for different roles offered to M Pharma graduates in the Government sector in India:
Job Profiles | Expected Salary |
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Research Scientist | INR 3.5 LPA to INR 6 LPA |
Senior Research Associate | INR 4 LPA to INR 5 LPA |
Quality Assurance Specialist | INR 4.5 LPA to INR 6.5 LPA |
Regulatory Specialist | INR 3.5 LPA to INR 5 LPA |
Mentioned below in the table are the following M .Pharma Salary for Private sector job opportunities:
Job Profiles | Expected Salary |
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Senior Executive Assistant | INR 5 LPA to INR 8 LPA |
Senior Research Associate | INR 4 LPA to INR 6 LPA |
Clinical Project Manager | INR 5 LPA to INR 8 LPA |
Pharmacists | INR 4.5 LPA to INR 7 LPA |
Technical Specialist | INR 3.5 LPA to INR 5 LPA |
M Pharma provides a number of employment opportunities at various industries such as Research Facilities, Laboratories, Educational Institutions, Hospitals, etc. While there are plenty of opportunities for M Pharmacy in India, students wishing to pursue a career in this field abroad can also do so with lucrative salary packages. Some of the top recruiting agencies of M Pharma in India are mentioned below:
Apollo Hospitals | AG Medical Communications |
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IQVIA | Sun Pharmaceuticals |
Teva Pharmaceuticals | Novartis |
Fortis Healthcare | Novozymes |
Cipla | Dr Reddy's Laboratories |
Zyduscadila | Glenmark Pharmaceuticals |
Abbott India | Biocon |
Adani Group | Wockhardt Ltd |
Apollo Hospitals | AG Medical Communications |
IQVIA | Sun Pharmaceuticals |