Serum Institute of India Business Manager Salaries by 8 Employees (Updated 2024)

6 - 11 years exp.

₹4.5 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

44% less than the average Business Manager Salary in Biotechnology Companies for 6 - 11 years of experience

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Salaries in different departments

Marketing & Communication Business Manager Salary 8 - 10 years exp. (4 salaries)	₹4.5 L/yr - ₹6.8 L/yr
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Sales & Business Development Business Manager Salary 7 - 10 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8 L/yr

Last Updated: 22 Aug 2024

Companies similar to Serum Institute of India for Business Manager

Company name	Avg Annual Salary	Open Jobs
Bharat Biotech International Business Manager Salary 0 - 10 years exp. (40 salaries)	₹3 L/yr - ₹5.4 L/yr 36% less
Cipla Business Manager Salary 3 - 14 years exp. (106 salaries)	₹3 L/yr - ₹11 L/yr 15% more
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Sun Pharmaceutical Industries Business Manager Salary 1 - 12 years exp. (8 salaries)	₹3.5 L/yr - ₹9.4 L/yr 9% less
Zydus Lifesciences Business Manager Salary 1 - 25 years exp. (18 salaries)	₹3.5 L/yr - ₹12.1 L/yr 37% more
Piramal Group Business Manager Salary 6 - 11 years exp. (4 salaries)	₹14 L/yr - ₹15 L/yr 134% more
Glenmark Pharmaceuticals Business Manager Salary 4 - 18 years exp. (4 salaries)	₹4.9 L/yr - ₹6 L/yr 20% less
Torrent Pharmaceuticals Business Manager Salary 12 - 26 years exp. (24 salaries)	₹9.1 L/yr - ₹20 L/yr 123% more
Lupin Business Manager Salary 6 - 7 years exp. (3 salaries)	₹3.9 L/yr - ₹5 L/yr 33% less
Avantor Business Manager Salary 12 - 14 years exp. (5 salaries)	₹20 L/yr - ₹25 L/yr 268% more
Biocon Biologics Business Manager Salary 2 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹12 L/yr At par
Panacea Biotec Business Manager Salary 5 - 12 years exp. (3 salaries)	₹4 L/yr - ₹4.5 L/yr 31% less
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Business Manager salary at Serum Institute of India ranges between ₹4.5 Lakhs to ₹8 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 8 latest salaries received from various employees of Serum Institute of India.

Experience wise Serum Institute of India Business Manager salaries

Last Updated: 22 Aug 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹8 L/yr
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8 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.8 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹11.3 L/yr
10 years (3 salaries)	₹5.1 L/yr - ₹7.1 L/yr
11 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.1 L/yr

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Similar Designation salaries in Serum Institute of India

Area Business Manager Salary

(14 salaries)

₹7 L/yr - ₹11 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Deputy Manager Salary

(83 salaries)

₹13.65 L/yr - ₹34 L/yr

Territory Manager Salary

(3 salaries)

₹4 L/yr - ₹4.8 L/yr

Area Sales Manager Salary

(4 salaries)

₹2.9 L/yr - ₹11 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Zonal Sales Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹17.1 L/yr - ₹21.8 L/yr

Salary related reviews for Serum Institute of India

2.4

Rated by 2 employees for salary & benefits

Area Business Manager in Pune

Full Time

Marketing & Communication Department

4.0

• posted on 14 Feb 2023

3.0

for Salary and Benefits

Likes

Serum Institute as we all know that it's a very good company, it provide salary without delay and give the employe a very good experience to grow in life ..

Dislikes

IN serum Institute the thing which I don't like is the nature of employe there are not loyal and there is no unity as we know that working in a team the thing which is required the most is unit between people....

Assistant Officer in Pune

Full Time

Research & Development Department

3.0

• posted on 06 Jan 2023

4.0

for Salary and Benefits

Likes

...ase to work on higher designation. Some department Very less or no work load Salary growth is on time. Food and Hospitality is good. Big Campus and brand name for Resume

Dislikes

Politics HR value

Assistant Officer in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 23 Apr 2022

4.0

for Salary and Benefits

Likes

...ironment and culture.Teammates are supportive and the management is transparent. Company policies are good, appraisal are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

Assistant Production Officer in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 22 Apr 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture.Their is a great opportunities for great work. Comp policies are good,appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There is salary is decent but career growth is slow.

Divisional Sales Manager in Vijayawada

Full Time

Pharma Division Department

5.0

• posted on 23 Oct 2019

5.0

for Salary and Benefits

Likes

...ood family culture & many people dedicate their full time to company to grow. No issue of salary or other benefits, company gives every thing on time..

Dislikes

Only thing is little late in introducing new products & marketing. Need to think to reach the customer according to market needs..

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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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Serum Institute of India Business Manager Salary FAQs

What is the salary of Business Manager at Serum Institute of India?

Business Manager salary at Serum Institute of India in India ranges between ₹4.5 Lakhs to ₹8.0 Lakhs for experience between 6 years to 11 years. According to our estimates it is 44% less than the average Business Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Serum Institute of India India.

How does the salary of a Business Manager at Serum Institute of India India compare with the average salary range for this job?

The average salary of a Business Manager at Serum Institute of India is 44% less than the average salary of a Business Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Serum Institute of India to a Business Manager in India?

Avantor Business Manager Salary - ₹20.0 Lakhs to ₹25.0 Lakhs per year
Piramal Group Business Manager Salary - ₹14.0 Lakhs to ₹15.0 Lakhs per year
Torrent Pharmaceuticals Business Manager Salary - ₹9.1 Lakhs to ₹20.0 Lakhs per year
Zydus Lifesciences Business Manager Salary - ₹3.5 Lakhs to ₹12.1 Lakhs per year
Cipla Business Manager Salary - ₹3.0 Lakhs to ₹11.0 Lakhs per year

What is the salary of a Business Manager in companies similar to Serum Institute of India in India?

Biocon Biologics Business Manager Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year
Sun Pharmaceutical Industries Business Manager Salary - ₹3.5 Lakhs to ₹9.4 Lakhs per year
Glenmark Pharmaceuticals Business Manager Salary - ₹4.9 Lakhs to ₹6.0 Lakhs per year
Panacea Biotec Business Manager Salary - ₹4.0 Lakhs to ₹4.5 Lakhs per year
Lupin Business Manager Salary - ₹3.9 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Business Manager at Serum Institute of India in India?

The estimated take-home salary of a Business Manager at Serum Institute of India ranges between ₹47,241 per month to ₹48,359 per month in India. The take-home salary calculation is based on the average Serum Institute of India Business Manager salary in India which ranges between ₹4.5 Lakhs to ₹8.0 Lakhs per year for employees with experience between 6 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Business Manager at Serum Institute of India?

According to AmbitionBox, 50% of the Serum Institute of India Business Managers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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Serum Institute of India Business Manager Salaries

Serum Institute of India Business Manager salary in India ranges between ₹4.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Serum Institute of India latest salaries received from various employees of Serum Institute of India.