Product Manager: What’s the Difference? Accurate, reliable salary and compensation comparisons for United States The medical science field is expected to grow at a faster-than-average rate of, These professionals spend their time researching microorganisms in order to deduce how they interact with certain environments. #mc_embed_signup{background:#fff; clear:left; font:14px Helvetica,Arial,sans-serif; } “Biotechnology jobs in the past have really been based around cell biology and molecular biology—really sort of more basic biology that focused largely on proteins,” Auclair says. These careers are expected to grow at an average rate of, Research scientists conduct biotechnology experiments in a lab as a means of producing or proposing products that can help solve common biological problems such as those in the food safety, agriculture, and medical industries. They also audit existing processes for efficiency and quality assurance. For example, graduates from North Carolina State University with a bachelor's in biotechnology and related fields report an average starting salary … What your skills are worth in the job market is constantly changing. Recent global circumstances—such as the coronavirus pandemic—have only continued to increase the demand for trained professionals in biotechnology. Professionals in this field can expect to see an average job growth rate of four percent by 2028. Those at the top of the biomanufacturing field can make up to $164,500 per year. */. Below, explore the average annual salaries and job outlook for many of the top careers in biotechnology today. Do you know what people like you are earning? With a Master’s degree in Biotechnology, starting salary averages around 42,000 euros gross per year. In health care, phlebotomists play a significant role in the day-to-day collection of … Science & Mathematics. /* Add your own Mailchimp form style overrides in your site stylesheet or in this style block. “Certificates are meant to augment your existing skill sets,” Auclair says. Keep In Mind: Another way to get this level of training without committing to a full master’s program is to pursue a graduate certificate in biotechnology. “Some of these products are going to have to move back to the United States, [and] we’re going to have to make sure that the workforce is skilled to execute on that.”, Though medical scientists conduct experiments and research in a lab, their primary focus is on improving processes and products that will have a direct effect on human health. Industry Advice Biomedical engineers play a key role in the biotechnology field. , for example, provides real-world opportunities for students to try their skills hands-on, allowing them to develop an in-depth understanding of their discipline beyond the classroom. Researching and testing are also large components of a biomedical engineer’s work. “We really try to make sure that they’re exposed to what they’re going to see in the industry, and that they’re not wasting time learning how to operate technology that is outdated,” Auclair says. “If you ask [our industry partners] what the number one thing they’re looking for in an employee is, it’s not technical skills—they can teach you those. Professionals at this level not only plan and conduct advanced experiments on their own, but also oversee a team of biological technicians on extended experiments, as well. Different Types of Biotechnology … With many exciting discoveries to make and new problems to solve, biotechnology … For this reason, the master’s in biotechnology program is designed with a “focus on practical, skill-based education, as opposed to just a didactic [approach.]”. “I anticipate that we’ll see that go up a bit in coming … Top examples of these roles include: VP Biotech, Vice President Biotech, and Biotech Software. Professionals in this field can expect to see an average job growth rate of, These professionals spend most of their time in a research and lab environment, studying the chemical and physical principles of living things to develop processes or products that might improve people’s lives. Average salaries can vary and range from $46,710 to $430,287. Biomedical engineers play a key role in the biotechnology field. Learn how to transform your career in an industry that’s transforming the world. “I would say that the typical starting salary for one of our students with a master’s is [between] $75 and $85,000 per year,” he says. 4,078 Ms Biotech jobs available on Indeed.com. Another way to get this level of training without committing to a full master’s program is to pursue a, . Stay up to date on our latest posts and university events. They should also be comfortable leading various teams with siloed areas of expertise and helping them work together to create the product at hand. She has been working in the marketing sector for over 5 years and has experience writing B2B and B2C long-form content for a variety of publications and audiences, as well as short-form social media content for an array of unique brands. Ashley DiFranza is a marketing content producer at Northeastern University. Biotechnology - Salary - Get a free salary comparison based on job title, skills, experience and education. These professionals employ engineering skills to develop or evaluate equipment and tools for the medical and biology industries. Directors at this level must be familiar with the different biotechnology practices utilized in the development process. “Our program is driven by demand in the industry, so we talk to industry partners, see what they’re looking for in their candidates, and then we develop the program based on their input,” Auclair says. “I would say that the typical starting salary for one of our students with a master’s is [between] $75 and $85,000 per year,” he says. Fresh market data paired with robust analytics. Explore the immense Scope of Biotechnology! In careers ranging from gene therapy to personalized medicine, these professionals are responsible for overseeing some of the most impactful advances occurring in society today. Professionals at this level not only plan and conduct advanced experiments on their own, but also oversee a team of biological technicians on extended experiments, as well. Luckily, the number of workers in this industry has continued to grow to meet this rising demand. When thinking about biotechnology, many people picture a scientist in a lab coat developing a lifesaving drug or medical device. As Auclair sees it, the most efficient way to advance in the biotechnology field—and, subsequently increase your earning potential—is to pursue a biotechnology master’s degree. In-Demand Biotechnology Careers Shaping Our Future, The Benefits of Online Learning: 7 Advantages of Online Degrees, How to Write a Statement of Purpose for Graduate School, Online Learning Tips, Strategies & Advice, How to Create a Requirements Management Plan, How to Become a Human Resources Manager: Key Tips for Success, 360 Huntington Ave., Boston, Massachusetts 02115. In a Biotech/Pharma related job, around 22,000 INR per month. “An undergraduate degree is great to get you in the door, but you level off really quickly as to how high you can go.” Similarly, he explains, those with PhDs often find themselves limited in their careers, both by the number of positions available for employees at that level and by a competitive job market teeming with master’s degree holders. Find out the steps you need to take to apply to your desired program. If you’re ready to increase your salary potential and advance your career in biotechnology with a master’s degree, Auclair recommends a top program like Northeastern’s. Salary and career advice to put you a step ahead. Experiential learning, for example, provides real-world opportunities for students to try their skills hands-on, allowing them to develop an in-depth understanding of their discipline beyond the classroom. These careers are expected to grow at an average rate of, Process development scientists are in charge of researching and creating the best processes through which to manufacture biotechnology products. By leveraging industry insights, programs like Northeastern’s can tailor their curriculum to best prepare students to fulfill the developing needs of society. They should also be comfortable leading various teams with siloed areas of expertise and helping them work together to create the product at hand. While biotechnology careers pay well, like with any field, there is always room to grow. Despite the broad associations many have with the practice, programs at Northeastern—explains that biotechnology is simply about, “taking drugs from living cells and using biology as technology in order to make the world better.”, are designed to prepare these professionals to meet the most current demands of the field. Apply to Scientist, Analyst, Student Intern and more! They also audit existing processes for efficiency and quality assurance. 7 Business Careers You Can Pursue with a Global Studies Degree. Microbiologists commonly work as part of interdisciplinary teams on large-scale projects, which can include aspects that relate to medicine, molecular biology, and more. Similarly, Auclair explains that the COVID-19 pandemic has brought to light new career paths for those in this field. By providing us with your email, you agree to the terms of our Privacy Policy and Terms of Service. As per PayScale, the average salary for a Biotechnology … Despite the broad associations many have with the practice, Jared Auclair—director of the biotechnology and bioinformatics programs at Northeastern—explains that biotechnology is simply about, “taking drugs from living cells and using biology as technology in order to make the world better.”. This might include creating or testing medical tools and devices, conducting studies on chronic diseases, or leading a team of technicians in standardizing methods for manufacturing and distributing drugs or medical devices. Public Health Careers: What Can You Do With a Master’s Degree? Biomanufacturers leverage biological systems to create products for the medical, industrial, and food and beverage industries. The master’s program in biotechnology is a 2 year-long course offered as a regular, part-time and online degree by top universities in the United States.It is a research-oriented course which … In the last five years alone, the number of biotechnology employees in America. “The job market for trained [biotechnology professionals] is going to expand in the next few years,” Auclair says. Northeastern also recognizes that the most successful employees are those who enter an organization with both interpersonal skills and practical training under their belts. Apply to Research Assistant, Laboratory Technician, Research Associate and more! Vaccines, for instance, are one very common example of a product developed by a biomanufacturer in the medical sector. Biotechnology Salaries. “I anticipate that we’ll see that go up a bit in coming years, but overall that’s pretty good for a first job.”. BSc Biotechnology Jobs: Biotechnology is a rapidly growing industry in which a large number of big industries and MNC's are investing money, thus increasing the demand for graduates of B.Sc Biotechnology … Explore Northeastern’s first international campus in Canada’s high-tech hub. Though the above salary represents the average for those in this field, top earners can make up to, These professionals oversee the development process of a product in the biotechnology sector from conception to conclusion. program and take your first steps toward a lucrative career in this growing field. Directors at this level must be familiar with the different biotechnology practices utilized in the development process. 9,842 Biotechnology jobs available on Indeed.com. Simply click into one of the careers to view all of the information. Northeastern’s Master of Science in Biotechnology program prepares students for a successful, lucrative career in this evolving industry by focusing on industry input and the development of well-rounded students. Source: PayScale.com (2016) Depending on where you work and what position you hold, your salary as a biotechnology major could range from $50,364 to $72,406. Phlebotomists. Biotechnology lab technicians may earn an annual salary of around $38,000, based on education and experience levels. An innovative degree for a dynamic industry. The average U.S. bioscience worker earned nearly $99,000 in 2016, 85% greater than the average for the overall private sector. Product Manager: What’s the Difference? I can help you find out what you should be paid. Though medical scientists conduct experiments and research in a lab, their primary focus is on improving processes and products that will have a direct effect on human health. Though the above salary is the median earned for this role, those at the top of this field can make up to. It’s that you’ll fit into the ecosystem of their company,” Auclair says. We including average salaries for jobs related to Biotech … Learn more about Northeastern University graduate programs. Though the above salary represents the average for those in this field, top earners can make up to $121,141 per year. Some past organizations Ashley has worked with include Captivate Network, OnStage Blog, PartnerSolve LLC, VinCompass, and many more. These professionals’ responsibilities range from observing the effects of different substances on biological processes to developing new drugs to treat specific diseases or ailments. Vaccines, for instance, are one very common example of a product developed by a biomanufacturer in the medical sector. Which alumni earn the most after graduation? “We try to keep it current,” Auclair says, offering two forthcoming concentrations in agricultural biotechnology and biodefense as examples of how the program has recently adapted to meet industry demands. “The demand is high for the people with the exact skill sets that we train on in our program,” Auclair says, noting that he expects many with an interest in science to soon begin pursuing advanced training in a program like Northeastern’s in order to “make sure that we’re ready for the next pandemic.”. by approximately 39,000, reaching a grand total of 316,796 today. Stop guessing. These professionals employ engineering skills to develop or evaluate equipment and tools for the medical and biology industries. Though the above salary is the median earned for this role, those at the top of this field can make up to $183,000 per year. These professionals spend most of their time in a research and lab environment, studying the chemical and physical principles of living things to develop processes or products that might improve people’s lives. The average salary of a career in Biotechnology is 3 Lakhs to 9 Lakhs p.a. Average salaries can vary and range from $46,710 to $430,287. These tools can include anything from artificial organs to machines that can diagnose or help manage a medical problem. In the last five years alone, the number of biotechnology employees in America increased by approximately 39,000, reaching a grand total of 316,796 today. “To put it in perspective, I got my PhD and a number of my friends have their master’s degrees,” Auclair says. Learn more about Northeastern’s Master of Science in Biotechnology program and take your first steps toward a lucrative career in this growing field. Students with a master's degree in biotechnology who do not pursue an MBA earn less on average than those with an MBA. These careers are expected to grow at an average rate of five percent by 2028. (BIO, 2018). In 2017, the median salary for biochemists and biophysicists exceeded $90,000, and the median salary for biomedical engineers topped $88,000 per year. Top Tech Conferences to Attend in 2020-2021 [UPDATED], Tips for Taking Online Classes: 8 Strategies for Success. “In the time it took for me to get my PhD, they were already in jobs I could have gotten if I had just gone into the industry.”. The median annual pay for biotechnology laboratory technicians is $44,500, according to BLS. Find your market worth with a report tailored to you, Degrees in the same industry as Master of Science (MS), Biotechnology, ranked by salary, Bachelor of University Studies (BUS), Biology, Master of Medical Science (MMS / MMSc), Biochemistry & Molecular Biology, Doctor of Philosophy (PhD), Exercise Physiology, Bachelor of Science (BS / BSc), Molecular Biochemistry, Bachelor of Arts and Science (BASc), Neuroscience, Bachelor of Arts and Science (BASc), Biological Sciences, Bachelor of Applied Arts and Science (BApAS), Biology, Associate of Science in Nursing (ASN), Biology, Associate of Applied Science (AAS), Biology & Chemistry, Master of Science (MS), Biology & Chemistry, Master of Science (MS), Biochemistry (BCH), Master of Business Administration (MBA), Biological Sciences, Bachelor of Science, Mechanical Engineering (BSME), Biology & Chemistry, Bachelor of Science (BS / BSc), Molecular Toxicology, Bachelor of Arts and Science (BASc), Biology & Chemistry, Bachelor of Science (BS / BSc), Molecular Biology, Bachelor of Science (BS / BSc), Pharmacology, Bachelor of Science (BS / BSc), Toxicology. In an IT job, a minimum of around … In bioprocess companies, they may get a salary of Rs.8000 to 16,000/month … Project Manager vs. Generally, salaries for professionals with a master's in biotechnology increase with … program prepares students for a successful, lucrative career in this evolving industry by focusing on industry input and the development of well-rounded students. MSc Biotechnology eligibility is to have a bachelor’s degree … Salaries after MS Biotechnology in Germany . In many programs like Northeastern’s, a graduate certificate also can roll up as a concentration into a full master’s degree. The table below highlights five potential careers for graduates of biotechnology master's programs. … Though the above salary represents average earnings for someone at the mid-level in this field, those with extensive experience or training can make up to $117,000 per year. At Northeastern, faculty and students collaborate in our more than 30 federally funded research centers, tackling some of the biggest challenges in health, security, and sustainability. Master of Science (MS), Biotechnology - Salary - Get a free salary comparison based on job title, skills, experience and education. “A lot of our drugs are [currently] imported from India and China,” he explains. These opportunities give students the chance to get comfortable with advanced lab equipment they will be expected to use on the job. From drug development to manufacturing to agricultural sciences and more, the work of biotech professionals spans many industries and disciplines and continues to evolve to meet the ever-changing needs of society. “A lot of our drugs are [currently] imported from India and China,” he explains. Executive, Chief Scientific Officer, Research Scientist and more! Stay up to date on the latest compensation trends. The biotechnology field has always been a lucrative one, and for good reason. Those at the top of the biomanufacturing field can make up to, Biomanufacturing is one sector of the biotechnology field that Auclair expects to grow as a result of the pandemic. 360 Huntington Ave., Boston, Massachusetts 02115 | 617.373.2000 | TTY 617.373.3768 | Emergency Information© 2019 Northeastern University | MyNortheastern. Researching and testing are also large components of a biomedical engineer’s work. Though he notes that it’s likely easier to land top roles like those in a C-suite with a PhD, Auclair believes that a master’s provides the perfect combination of training and hands-on experience needed to advance quickly and increase your salary in the biotechnology industry. These programs are a perfect option for someone with an undergraduate degree in a different subject area hoping to transfer careers, as well as those with a master’s or PhD looking to tailor their career to a specific segment of biotechnology. There are 533 jobs in Biotechnology category. The master’s in biotechnology curriculum at Northeastern also includes a unique focus on interdisciplinary skills to develop students that are well-rounded and prepared to take on industry challenges. “Some of these products are going to have to move back to the United States, [and] we’re going to have to make sure that the workforce is skilled to execute on that.”. Originally Answered: What salary should I expect after MSc Biotechnology ? Read on to explore what the practice of biotechnology entails, what career paths offer the best salary potential, and what steps you can take today to advance your career. We offer a variety of resources, including scholarships and assistantships. “We’re seeing an uptick in [the] need [for those with] expertise in vaccines, as well as the manufacturing of biologics and biological products,” he says. In many programs like Northeastern’s, a graduate certificate also can roll up as a concentration into a full. These opportunities give students the chance to get comfortable with advanced lab equipment they will be expected to use on the job. Lab work is not the only option for graduates of biotechnology master 's degree in biotechnology median pay! By a biomanufacturer in the development process offer a variety of resources, including scholarships and.... Biomanufacturing is one sector of the careers to view all of the of. Relevant career tips and grad school advice all of the top of the careers to all... Of Service the median earned for this role, those at the top of this field make! 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