What is the Scope for Pharma Student after Graduation?
What should a pharma student do just after graduation? Job or Business!
Choosing the right career path is a crucial task. Many times, you are not clear about what is right for you? Sometimes, you are clear about your goals, but there is no right opportunity.
Experts say that career planning should start much earlier in the life. When one is in the secondary education, he or she should find out the areas of likings.
If you are a graduate in the pharmaceutical stream, then there are so many avenues to make a bright and successful career.
The biggest decision is, of course, whether to launch a business or join good pharmaceutical company? Both options are lucrative, and there are merits and demerits in both the cases.
Opportunities if you want to do a job
Serious career planning is expected from every student whether he or she is a pharma graduate or any other stream. If you feel that you can perform better in the job, then you must go for it.
Nowadays, in the job stream also you have enormous opportunities.
Research and Development or R&D
Students who are good in subjects such as Pharmacology, Pharmaceutics, and Medicinal Chemistry should join a company that promotes research and development.
Nowadays, biotech, agro, FMCG and, of course, pharmaceutical sectors offer R&D profiles to expert students.
However, there is one catch. You need to have a Masters Degree in pharmaceutical, PhD or MS degree for it.
Those who clear GPAT will get preference. If you are a B. Pharma student, then you can specialize in drug delivery, biochemistry, drug chemistry, etc.
Analytical R&D and F&D (Formulation Development)
For most of the people, quality control or quality assurance profiles are not very interesting. However, if you like it, then you can make a rewarding career in this field as well.
Finding out more effective or new formulations, analyzing combinations of drugs, evaluating the constituents are a few activities that are carried out while finding out a new drug molecule.
It is quite an intricate task but very challenging. Students who don’t find research work boring should go for analytical research and development field.
Other than this, there are many career opportunities that can be explored after completing graduation in pharmacy.
If you have an aptitude for business, then you must go for entrepreneurship. With the government giving a lot of emphasis on startup business and ‘Make in India’; it is the right time to enter in the business stream.
You don’t have to put hefty investment into it. Of course, you need some money in hand, but nowadays you can get loans at affordable rates.
It is important that the products are zero-defect. You are supposed to follow the regulations laid by the government.
Earlier, the investment required to setup a pharmaceutical industry was heavy. However, it is possible to curtail costs by outsourcing activities to other service providers.
A few entrepreneurship ventures:
- Production of new drugs
- Sub-contracting or manufacturing
- R&D or F&D
Spend a good time in deciding your priorities and choose the correct path in the field of pharmaceuticals.
If you want to set up pharma business in any part of the India, just give us a call, and we will explain all the details regarding our pharma franchise in India. To know more about our PCD pharma franchise companies, you can call us at 98259 65521. You can also write down to us at firstname.lastname@example.org.
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