Though the general impact of the recent COVID-19 pandemic was to reduce the employability options in most areas of work, one area of specialization that came into prominence was the field of biotechnology. In the creation of vaccines against the novel coronavirus biotechnology was the most important contributor. As biotechnologists across the world raced to develop vaccines for this new and unusual disease, there was renewed interest in this field from young potential engineers in biotech for top colleges in Maharashtra for Btech. The renewed interest is the result of the perceived scope for careers in the field.
Why Biotech Matters
As coronavirus raged across the world, the eyes of future generations were fixed on the developments in biotechnology, which were expected to help create the vaccine against the dreaded disease. Eventually biotechnologists across the world various companies managed to create a multiplicity of vaccines that proved effective against the novel Coronavirus. This meant that students were once more interested in enrolling in biotechnology in the top colleges in Mumbai. The immediate relevance of this area of research has helped boost interest in it, though this field is about more than just vaccines and medicines.
Biotechnology at its most basic is the science of using existing biological organisms to synthesize products that have applications in a large range of industries from pharmaceuticals to cosmetics to food and various other industries. The top colleges in Maharashtra for BTech in biotechnology prepare young engineers to be at the forefront of this industry. Graduates who complete BTech in Biotechnology have the possibility of employment in all the above-mentioned industries and gain successful careers. Broadly speaking though pharmaceuticals have come into focus in the recent past, the cosmetics industry is also a big employer.
Working in a Variety of Industries
Graduates in biotechnology from the top colleges in Mumbai can hope to be employed in a variety of job roles. In the pharmaceutical industry, for instance, this job may be at the beginning of the production line, in the research and development laboratory end. From there, there are many options of employment from quality control, operations, and even in marketing roles. All of this means that biotechnology graduates can be assured of having a wide variety of jobs suiting their skills and preferences. These jobs may be in the government or the private sector.
Though starting salaries in the government sector are typically rather low—not more than a lakh a year or so—private companies are willing to pay more for R&D as the products that are created can potentially make the company a lot of money. This means that young biotechnology specialists may be able to earn quite a lot during a successful career. Biotech engineers who can prove their worth in the field through research can also be hired by international companies, which pay much better.
In sum, the rising popularity of biotechnology is something that people considering engineering can take account of while selecting the course they want to do
To begin with, you may wonder how an area that can be so unstable—the financial markets swing up and down as the markets react to world events—can be a stable job market.
The truth of this is easily proved simply by looking at the long-term behaviour of jobs across professions and industries.
Over years, it has been clear that management and finance jobs are among the most stable, with between 80 and 90 percent of employees being retained within the sector.
But, if you are interested in an MBA in Finance colleges in Mumbai, you may like to look at the job market in your field.
According to the World Economic Forum, the worldwide economic downturn had among the lowest impacts in the finance sector, with top management jobs especially being almost unaffected by the downturn.
This preference for MBAs reflects the skill set that they acquire during their course of study.
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