Earning a master's degree in biotechnology opens up numerous career options to graduates, including jobs in the lab or in the field, and in a variety of science disciplines. With many exciting discoveries to make and new problems to solve, biotechnology … Explore Northeastern’s first international campus in Canada’s high-tech hub. For example, graduates from North Carolina State University with a bachelor's in biotechnology and related fields report an average starting salary … Some of today’s most in-demand disciplines—ready for you to plug into anytime, anywhere with the Professional Advancement Network. The average U.S. bioscience worker earned nearly $99,000 in 2016, 85% greater than the average for the overall private sector. Researching and testing are also large components of a biomedical engineer’s work. Below, explore the average annual salaries and job outlook for many of the top careers in biotechnology today. 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. “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. They should also be comfortable leading various teams with siloed areas of expertise and helping them work together to create the product at hand. “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.”. Simply click into one of the careers to view all of the information. With neuvoo's salary tool, you can search and compare thousands of salaries in your region. Recent global circumstances—such as the coronavirus pandemic—have only continued to increase the demand for trained professionals in biotechnology. “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what they’re going to see in the industry, and that they’re not wasting time learning how to operate technology that is outdated,” Auclair says. While biotechnology careers pay well, like with any field, there is always room to grow. “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.”. These careers are expected to grow at an average rate of six percent by 2028. 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. We recommend moving this block and the preceding CSS link to the HEAD of your HTML file. Top examples of these roles include: VP Biotech, Vice President Biotech, and Biotech Software. Average salaries can vary and range from $46,710 to $430,287. 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. Use our tool to get a personalized report on your market worth. 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.”. The medical science field is expected to grow at a faster-than-average rate of eight percent by 2028. Learn more about Northeastern’s Master of Science in Biotechnology program and take your first steps toward a lucrative career in this growing field. Find out the steps you need to take to apply to your desired program. 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. Keep In Mind: Biomanufacturing is one sector of the biotechnology field that Auclair expects to grow as a result of the pandemic. Science & Mathematics. Learn how to transform your career in an industry that’s transforming the world. These careers are expected to grow at an average rate of five percent by 2028. 103 Msc Biotechnology jobs available on Indeed.com. 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. Researching and testing are also large components of a biomedical engineer’s work. Directors at this level must be familiar with the different biotechnology practices utilized in the development process. I can help you find out what you should be paid. “To put it in perspective, I got my PhD and a number of my friends have their master’s degrees,” Auclair says. “A lot of our drugs are [currently] imported from India and China,” he explains. Top Tech Conferences to Attend in 2020-2021 [UPDATED], Tips for Taking Online Classes: 8 Strategies for Success. The formula for a winning company culture. 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. (BIO, 2018). In the last five years alone, the number of biotechnology employees in America. Ashley DiFranza is a marketing content producer at Northeastern University. “That is still the foundation and a huge part of the sector, [but] over the last two years we’ve seen a humongous expansion into jobs needed for bell- and gene-based therapies, as well.”. In a Biotech/Pharma related job, around 22,000 INR per month. 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, Biomanufacturers leverage biological systems to create products for the medical, industrial, and food and beverage industries. The average Biotech salary in USA is $45,016 per year or $23.09 per hour. “A lot of our drugs are [currently] imported from India and China,” he explains. “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.”. According to our 100% employer reported salary sources the median salary for a Research Associate I - Biotech with a Master's Degree or MBA is $45,131 - $47,823.Please try our salary wizard to explore … Importantly, all of these jobs are paid between $22,525 (28.0%) and $61,880 (76.9%) more than the average Biotechnologist salary … Stop guessing. How the salary history question affects pay equity. Many more Intern and more the above salary is the median annual pay for biotechnology laboratory technicians is 44,500! 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