Novartis Mumbai Territory Business Manager Salaries by 10 Employees (Updated 2024)

5 - 9 years exp.

₹5.4 Lakhs - ₹9 Lakhs

Salary of majority employees

16% more than the average Territory Business Manager Salary in Pharma Companies for 5 - 9 years of experience

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Salaries in different departments

Sales & Business Development Territory Business Manager Salary 5 - 9 years exp. (7 salaries)	₹5.4 L/yr - ₹9 L/yr
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Marketing & Communication Territory Business Manager Salary 5 - 7 years exp. (3 salaries)	₹6.5 L/yr - ₹8 L/yr

Last Updated: 4 Feb 2024

Companies similar to Novartis for Territory Business Manager in Mumbai

Novartis Territory Business Manager Salary

5 - 9 years exp. (10 salaries)

₹5.4 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
Dr. Reddy's Territory Business Manager Salary 3 - 10 years exp. (17 salaries)	₹4.2 L/yr - ₹7.4 L/yr 22% less	1 job opening
Biocon Limited Territory Business Manager Salary 3 - 8 years exp. (8 salaries)	₹3.7 L/yr - ₹7.9 L/yr 28% less
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Abbott Territory Business Manager Salary 1 - 13 years exp. (141 salaries)	₹2.6 L/yr - ₹9 L/yr 25% less	55 job openings
Glenmark Pharmaceuticals Territory Business Manager Salary 2 - 8 years exp. (11 salaries)	₹3.6 L/yr - ₹6.8 L/yr 34% less
MSD Pharmaceuticals Territory Business Manager Salary 9 - 12 years exp. (4 salaries)	₹6.8 L/yr - ₹9.2 L/yr 1% less
Novartis Healthcare Territory Business Manager Salary 7 - 10 years exp. (3 salaries)	₹7.8 L/yr - ₹8.8 L/yr 12% more

Territory Business Manager salary at Novartis ranges between ₹5.4 Lakhs to ₹9 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 10 latest salaries received from various employees of Novartis.

Experience wise Novartis Territory Business Manager salaries in Mumbai

Last Updated: 4 Feb 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.5 L/yr
6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹13.1 L/yr
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7 years (3 salaries)	₹6.3 L/yr - ₹13.3 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹9 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹9 L/yr

Similar Designation salaries in Novartis

Regional Business Manager Salary

(17 salaries)

₹11 L/yr - ₹26.95 L/yr

Area Business Manager Salary

(6 salaries)

₹9 L/yr - ₹17.6 L/yr

Area Sales Manager Salary

(3 salaries)

₹10.65 L/yr - ₹13.1 L/yr

Salary related reviews for Novartis

3.0

Rated by 2 employees for salary & benefits

Medical Representative in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

2.0

• posted on 16 Feb 2023

4.0

for Salary and Benefits

Likes

Work life balance Work culture Salary and incentive

Dislikes

No job security Very less opportunity to grow Internal politics Not competitive in market place Jobs are safe only during patent validity Separation package is poor Last 7 years more than 10 divisions employees lost their jobs.

Medical Representative in M7mbai

Sales & Business Development Department

5.0

• posted on 24 Mar 2022

5.0

for Salary and Benefits

Likes

...s be a part of this company.company policies and behavior culture are very good. Appraisal are fair and they give handsome salary hike , incentive and bonus every year.

Dislikes

Company is very good culture and atmosphere , but the carrier growth is very slow

Medical Representative in Hyderabad / Secunderabad

Marketing & Communication Department

5.0

• posted on 06 Mar 2022

5.0

for Salary and Benefits

Likes

Good work culture and working environment with good benefits and good salary hike.

Dislikes

Shoud look into marketing strategies properly.some of the strategies are not suitable for Indian market which results in bad impression to the customers and total sale outcomes.

Regional Business Manager in Hyderabad / Secunderabad

Sales & Business Development Department

4.0

• posted on 20 Apr 2021

4.0

for Salary and Benefits

Likes

Overall good company to work. Dynamic company. Division to division culture differs. Have a great pipeline. Despite pandemic company sails strongly..& during this pandemic company supports the employee in a big way which no other company can think of.

Dislikes

...employee in a flat package for years. Partiality is seen with metro & non metro. People who are working with non metro treated lesser in terms of rating & compensation. Because of 1 or 2 senior managers company has a pathetic named on the market & which is true also.

Business Process Excellence Manager in Hyderabad / Secunderabad

Full Time

Data Science & Analytics Department

5.0

• posted on 03 Oct 2024

5.0

for Salary and Benefits

Likes

Transparent Salary comparison with market. Learning and growing opportunities. Your voice is counted. Flexi working hours, good management providing regular updates. Supportive seniors.

Dislikes

Nothing as such in my area of work.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Novartis Territory Business Manager Salary FAQs

What is the salary of Territory Business Manager at Novartis Mumbai?

Territory Business Manager salary at Novartis in Mumbai ranges between ₹5.4 Lakhs to ₹9.0 Lakhs for experience between 5 years to 9 years. According to our estimates it is 16% more than the average Territory Business Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Novartis Mumbai.

How does the salary of a Territory Business Manager at Novartis Mumbai compare with the average salary range for this job?

The average salary of a Territory Business Manager at Novartis is 16% more than the average salary of a Territory Business Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Novartis to a Territory Business Manager in Mumbai?

Novartis Healthcare Territory Business Manager Salary - ₹7.8 Lakhs to ₹8.8 Lakhs per year

What is the salary of a Territory Business Manager in companies similar to Novartis in Mumbai?

MSD Pharmaceuticals Territory Business Manager Salary - ₹6.8 Lakhs to ₹9.2 Lakhs per year
Dr. Reddy's Territory Business Manager Salary - ₹4.2 Lakhs to ₹7.4 Lakhs per year
Abbott Territory Business Manager Salary - ₹2.6 Lakhs to ₹9.0 Lakhs per year
Biocon Limited Territory Business Manager Salary - ₹3.7 Lakhs to ₹7.9 Lakhs per year
Glenmark Pharmaceuticals Territory Business Manager Salary - ₹3.6 Lakhs to ₹6.8 Lakhs per year

What is the estimated take home salary of a Territory Business Manager at Novartis in Mumbai?

The estimated take-home salary of a Territory Business Manager at Novartis ranges between ₹56,815 per month to ₹58,242 per month in Mumbai. The take-home salary calculation is based on the average Novartis Territory Business Manager salary in India which ranges between ₹5.4 Lakhs to ₹9.0 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Territory Business Manager at Novartis in Mumbai?

According to AmbitionBox, 80% of the Novartis Territory Business Managers in Mumbai reported a notice period of 1 Month, 20% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Novartis Territory Business Manager Salaries in Mumbai

Novartis Territory Business Manager salary in Mumbai ranges between ₹5.4 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Novartis latest salaries received from various employees of Novartis.