PhD with 2 YOE pharma R&D and 3 YOE consulting: would you think exit to senior manager or associate director? And any idea if salary range to look for?

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I just went through the recruiting process with a very similar background (MD instead of PhD).

Don’t even consider Senior Manager. I was able to get multiple interviews for Associate Director and Director.

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BCG 1 - can I message you about your decision to leave clinical practice?

I received AD offers ranging from $170-$180k base, 15-17% bonus, and ~$20k RSUs

Director roles were $200-210k base, 20-25% bonus, and $20-50k RSUs. My Director comp was on the lower side because I technically didn’t meet the YOE requirement.

From others with 1-2 more YOE, their Director TC was about $280-330k.

likehelpful

Thanks for sharing!

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I got AD in a nearly identical range to BCG1 above with a PhD and 1.5 years of consulting experience, no prior experience.

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What consulting firm did you have the experience in?

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I'm looking for similar exit opps. I have a PhD in life sciences and just hit 2 years in management consulting (but federal). If I'm looking for pharma AD positions down the road, should I be looking to move to commercial consulting now and get another 2 years under my belt? I don't want to get pigeonholed in fed space. :/

Likewise. BAH 2 can I DM you? My background is epidemiology.

It really varies- AD is a better fit with your experience but I've seen some pharma hire at SM level for folks with that experience. Also depends on which consulting firm

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