Are you interested in trying hands-on Pharma business? If yes, there are a few basic aspects to keep in mind. It is important to differentiate between...
5 Career You Can Look for After Degree in PharmacyTuesday October 9, 2018 at 1:05 pm
Are you about to choose your graduation stream? you may want to consider Pharmacy. It is one of the most underrated streams and continues to stay unconsidered despite beautiful career opportunities it has to offer. And just so that you won’t miss out on a chance to those opportunities we bring you a list of 5 careers you can look for after degree in pharmacy
1. Research and Development (R&D) and Formulation and Development (F&D)
Research and Development is the best option is most streams and Pharmacy is no different. You will need to have a masters degree in Pharmacy or even better a Ph.D. It will give you a chance to experiment on medical drugs and come up with new ones.
A related field involves analyzing existing drugs to find new and better working combinations. A better combination of two or more drugs can be more effective than any one of them. The initial payout is low but it catches on with time. You will need a specialization in Pharmaceuticals or Pharmaceutical Chemistry.
2. Manufacturing, Quality Control, and Quality Assurance and regulatory Careers
The manufacturing part of the industry is always hungry for Pharma graduates and postgraduates who can be providing quality control and quality assurance. It is another one of the less explored parts of the industry. The pay packages are as good as Formulation and Development and it is less challenging. Your responsibility being limited to assuring the quality of given batches of drugs.
With a masters degree and some experience in the industry, you can also find a career enhancement option in Pharmaceutical Regulatory Affairs or Pharmacovigilance. The pay is one of the best in industry.
3. Medical writing and Academia
Medical writing is another career enhancement option and it is an option that is finding more and more demand for experts. With a good master or Ph.D. degree, some experience and with good language skills, one can easily find a career or at least a source easily earned extra income in medical writing.
An M. Pharma degree with a good score will easily lend you with a lecturer job. If you have a passion for teaching, this is the field to go. It is one of the easier jobs and pay is good too but you need to get very good scores to find a career in this direction. You can take up lectures both full time as well as part-time
4. Sales and Marketing,
The sales and marketing field absorb the highest number of Pharmacy students. To be good at it, you need to have good language and persuasion skills besides a degree in pharmacy. If you love traveling a lot, this is the field to go. You will be talking to new customers every day.
5. Clinical, hospital and community pharmacy
They are the face of the industry for a layman. The field absorbs a large number of Pharma graduates. A higher degree is not necessary. In this case, you will be talking directly to the patients and advising them on how to take their drugs.
And there is one thing we would love to see happen more often in this industry
Probably least explored in the Pharmacy industry, despite the fact that payout is highest. The reasons behind industry demand very high standards of quality products and have zero tolerance for mistakes. Moreover, the capital requirements are high. Thus a startup culture is missing in India. Hopefully, this will change in the coming years as this industry really has a bright future.
This is all from us. Hope you find this article useful. If you have any question we will love to hear them. 🙂