There are tremendous number of opportunities available for professionals who complete a course in clinical research, pharmacovigilance, or health and hospital management.
By 2012, 50,000 new professionals will be required in the clinical research sector, and another approximately 90,000 professionals will be required for health and hospital management.
Clinical research and Pharmacovigilance are currently growing at 40% per annum. By 2012, Indian clinical research industry would be over $2 billion (Rs.9,000 crores).
At present there are over 150 companies involved in the clinical research business in India, including all leading multinational and Indian pharmaceutical and biotechnology companies, Contract Research Organisations and several hospitals. In addition to the contribution which you will be making towards new drug development, Clinical research sector also offers attractive salaries, continuous growth in annual salaries and professional growth opportunities both internally and externally.
Clinical Research Management and Pharmacovigilance
Clinical research and pharmacovigilance specialists can start their careers in the following types of positions: At the Sponsor/Contract (Clinical) Research organisations):
Clinical Research Associate, Clinical Trial Administrator, Project Manager, Medical Writer, Quality Assurance Manager/, the rest are available for any lifesciences graduate/post graduates), Medical Monitor, Data Entry Operator, Data Manager, Data Validator, Bio-statistician, Manager- Regulatory Affairs.
At the Clinical trial site, the following positions are possible: Principal Investigator, Co-investigator, Clinical Research Co-ordinator, other hospital staff as per requirement
Health and Hospital Management
Healthcare management is a huge, complex, and ever-changing field. In fact, healthcare services have increased 30 percent per annum from 1996-2006 and have accounted for more than 3.1 million new jobs, the largest increase of any industry.
Requirements for senior-level positions in healthcare organizations are demanding, but these jobs also offer opportunities to improve the system of care giving.
If you choose a career in healthcare management (hospital and health management), your first job might be an entry- to mid-level management position in settings like:
