What qualifications do you need to be a pharmaceutical sales rep?
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What qualifications do you need to be a pharmaceutical sales rep?
Pharmaceutical companies generally only hire sales representatives who hold a four-year bachelor’s degree or higher from an accredited college. A specific major isn’t required, but many PSRs study life sciences, especially biology and chemistry.
How much does a medical device salesman make?
In fact, according to Med Reps’ recent salary survey, the median total compensation for a medical sales rep is $149,544, with an average base salary of $92,698 and an average bonus of $63,318 in 2018. That means an average 68 percent increase in payout simply because of commission on making sales.
How long does it take to become a certified pharmaceutical sales rep?
A four-year degree from an accredited university or college is required to become a pharmaceutical sales representative. You can improve your chances by gaining a degree in a related field like Life Science.
What type of degree is needed for medical device sales?
To start your career as a medical device sales representative, you need a high school diploma or equivalent. Though most jobs only require a bachelor’s degree in business or health sciences, an MBA may make you an attractive candidate for medical device and pharmaceutical sales rep jobs.
How do I become a pharmaceutical rep with no experience?
How to Get a Job in Medical Sales Without Experience
- Develop a resume that highlights or bullets your sales accomplishments.
- Use keywords in your resume, such as medical products, medical devices and pharmaceutical.
- Network with those you know within your desired industry.
- Target your applications.
- Don’t give up.
How much money do Stryker reps make?
The average Stryker Sales Rep earns $170,000 annually, which includes a base salary of $112,500 with a $57,500 bonus. This total compensation is $59,595 more than the US average for a Sales Rep. Sales Rep salaries at Stryker can range from $135,000 – $205,000 with equity ranging from 10-20K.
How much does pharmaceutical sales training cost?
Expect to pay at least $500 for a pharmaceutical sales training program and up to several thousand if you’re pursuing a certification from an accredited university.
How do I get started in medical device sales?
7 ways to break into medical device sales
- Marketing internship. If you are currently enrolled in a Bachelor’s degree program, consider our Marketing internships.
- Sales Operations Rotational Program.
- Associate-level roles.
- Leadership skills.
- Sales experience in any industry.
- Proven sales success.
- Build relationships.
How do I get started in pharmaceutical sales?
Here are the steps you can follow to begin a successful career as a pharmaceutical sales rep:
- Earn your high school diploma or GED.
- Get a bachelor’s degree.
- Consider earning a graduate degree.
- Get certified.
- Network.
- Work on your skillset.
- Prepare your resume and cover letter.