Life Sciences Management Consultant

Advises drug and biotech companies on strategy—what to develop, how to price it, which markets to enter.

A day in the life

Builds a model forecasting sales of a new drug, interviews doctors, and presents recommendations to a pharma company's leadership.

Pay over a career

Starting
$85k
Typical
$135k
High
$220k

Estimate.

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

Doctorate (PhD), about 8 years after high school. PhD, MD, or MBA; some hire bachelor's grads as analysts.

Ways in: 4-year college, Graduate school. Training cost: $15k – $60k.

Majors to look at: Biology, Business, Economics.

Outlook

Growing much faster than average (about 9% over 10 years). BLS management analysts 2024-34 (approx).

Will it last? Our AI estimate

Medium risk in 5 years, high in 10. AI builds market models and slide decks quickly; fewer junior analysts, with client trust and judgment staying human.

Start now, in high school

Classes: AP Economics, AP Statistics, AP Biology.

Official data: O*NET occupation 13-1111.

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Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.