Top 5 Jobs for Medical Doctors in Corporate World

As a doctor in India, we have seen our friends and relatives working in corporate companies. While our white coat has its charms, most of us must have thought atleast once.....  "what if the grass is greener on the corporate side? "

Well.. today's diversified modern business world is open for doctors and eager to hire us at lucrative packages to share medical expertise.

Here are the top five jobs for doctors in India

1. Medical Consultant/ Public Health Consultant

Description:  Managerial role with both public and private sector engagements. Various consultancies and NGOs are hiring for implementation of government and private health programs 

Pros: 

High Salary package

Potential for exponential career growth

Promising future in government and private sector

Cons:

Field visits and traveling

Working in remote areas (initial years)

Only few companies in business till now

Expected initial CTC : 11-15 LPA

Top companies: KPMG, Deloitte, WHO, UNICEF

2. Medical Science Liason / Medical Advisor

Description: Work as medical marketing executive in Pharma companies. Advising in product marketing strategy development, Conducting CMEs and other meetings, training of sales representatives.

Pros:

Well established profile in Big Pharma sector, more vacancies

High Salary and incentives (marketing sector)

Steady career growth

Public speaking and corporate visits

Cons:

Highly demanding, Target oriented

Uncertain working hours, weekend meetings

Frequent traveling (15-20 days a month in starting years)

Expected initial CTC : 12-16 LPA

Top companies: All Indian and International MNCs

3.Pharmacovigilance Physician

Responsible for reviewing of post marketing and clinical safety data for pharma company and CROs .Outsourcing of Drug safety data has made India a Capital of Pharmacovigilance activities around the world.

Pros: 

Fixed working hours

Office job , no traveling involved

Opportunities to Work abroad

Work from home opportunities

Cons:

Monotonous computer work

No direct patient contact

Only Limited to metro cities 

Average pay and career growth (compared to marketing)

Expected initial CTC : 10-12 LPA

Top companies: IQVIA, Covance, TCS, Cognizant, Bioclinica, Paraxel

4. Clinical Trial Medical Monitor

Medical monitor is responsible for clinical review of all trial subjects of all assigned clinical trials, to ensure patient safety and adherence to protocols. Demand has exponentially increased lately due to increased in R&D related to COVID-19 in India

Pros:

Highest salary compensation

Direct patient contact

Less competition (compared to PV and Marketing)

Opportunity to work with Big Pharma.

Cons

Highly demanding job 

On-field visit , no remote working

frequent traveling

Emerging sector, less companies to switch

Expected initial CTC : 15-20 LPA

Top companies : Novo nordisk, Dr.Reddy's, Serum Institute India, Lupin

5. Medical Writer 

This sector is the most diverse one. Job profile consists of writing for clinical trails , protocol writing to content writing for medical information websites and networking sites.

Pros

Remote working, 

Freelancing opportunities, Independence

Ideal for interested in clinical research

Cons

Limited opportunities

Experienced candidates are preferred mostly likely

Low staring salary and career growth in India

Expected initial CTC : 8-12 LPA

Top companies: Cactus, 1MG, WedMD, Ikon, Paraxel

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Last updated: 2021-06-15

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