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Pharmacists Or Doctors,who Are Richer? - Career (4) - Nairaland

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Breaking: Lagos State Government Approves Consultancy Cadre For Pharmacists / Pharmacist Or Doctors ,who Are Richer? (2) (3) (4)

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Re: Pharmacists Or Doctors,who Are Richer? by Nobody: 9:51am On Jul 06, 2016
vision202020:


Please how can someone make money from pharmacy? My sister just finished from pharmacy. She is presently looking for internship


BTW, Please, who knows the hospital / Clinic / company that pay pharmacy interns most and how much?
Seriously brov, you want the highest paid? lol.
In making a choice of where to work, many factors come into play, money being not one of the principal factors. It's only the young and less informed professionals who put monetary factors above others.
It's also out of place for me to reel out centres that pay the best and how much, certainly unethical. Don't worry, if your sister is really a pharm grad as you said, she would get also the info about the various opportunities available from her senior collegues during internship. There is no way she wouldn't be over fed with such info.
Re: Pharmacists Or Doctors,who Are Richer? by Drsmiles(m): 9:55am On Jul 06, 2016
IZANAMI:
OK then.
*As a doctor,you're a first class citizen*
Lol,,That's more like a misleading conjecture basically because it's an ethical perception,an enlightened mind would apparently know that's completely wrong.
I'm also aware of that fact you do write some exams before getting promoted,My question is, How many of 'em do get promoted?How many consultants do we have?A lot find it difficult to reach the peak of their career,More reason why we have a lot of Medical officers in hospital these days.A lot even find it hard to become a specialist talkless of being a consultant.The thing about Medicine is you have to posses an enormously great passion for d course if you wanna enjoy it else you'll be frustrated and disappointed.


Don't doctors earn big outside hospitals too
You're misquoting me bro,how many doctors do we have outside hospital?
Unlike a doc who's only limited to d hospital,a pharmacist can venture into pharmaceutical industries or retail pharmacy,he's free to pick from being a clinical,industrial,community or academic pharmacist.the same can't be said for a doctor apparently.(Acads and clinics)
As far as I'm concerned about politics,anyone can venture into that provided he has the chutzpah and passion for it.How many Docs do we have in d house of assemblies?Majority are just Mallams,chiefs, honorables and Alhajis.Lol!!!!!
Peace bro!!

Medicine is a very Noble profession bro.
But there's actually more to it than meets d eye.
Thanks for d enlightenment though.




Half knowledge is dangerous
A doctor isn't only restricted to the hospital
Some doctors are into public health and make big bucks without specialization per se
Ask doctors of WHO,UNICEF,SAVE THE CHILDREN,MSF and many more.
Some doctors are into academics- they lecture from anatomy to physiology,biochemistry,microbiology,PHARMACOLOGY public health etc all,they just have to have a masters in the field and they are allowed to become lecturers...they also make considerable bucks
There are specialties like orthopaedics, neurosurgery,even general surgery where you make 6 figures monthly or even weekly from procedures you do
Some doctors set up private hospitals and like any business there those making loads of bucks from it
Some doctors also move abroad and that's an entire world all together
Some go into research,some into sports medicine,some join the military and rise in rank,
Some do radiology and report X-rays for cool cash,some even own these centers making millions monthly
Some do invitro fertilization,........many other things to do
So apart from mainstream clinical practice which is also lucrative relatively
There are many other ventures a doctor can go into
Hope u understand


All these companies you mentioned
My only problem is how you have to move around and do the marketing
After rigorous training you just becoming a marketer
And it's evident cos other paramedical courses also do the same job
Only few pharmacist go into serious drug research,formulation
Only few actually employ the pharmaceutical training

Back to the matter
Pharmacist make money
Doctors also make money
You can't say an average pharmacist is richer than the average Doctor
So in choosing follow your heart

3 Likes

Re: Pharmacists Or Doctors,who Are Richer? by kizyalex10(m): 9:56am On Jul 06, 2016
STENON:
This is very funny to me.


Politics is the answer to your question.
hahahahahahahahahhahahahahahahahahahahahahahahahhahahaahahahahahahahahahahahahahahahahahhahahahhahahahahahahahahhahahahahahahahhahahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahhahahahahahahahahahaahhahaha.infact am dead.kai some people can be funny
Re: Pharmacists Or Doctors,who Are Richer? by STENON(f): 10:02am On Jul 06, 2016
kizyalex10:
hahahahahahahahahhahahahahahahahahahahahahahahahhahahaahahahahahahahahahahahahahahahahahhahahahhahahahahahahahahhahahahahahahahhahahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahhahahahahahahahahahaahhahaha.infact am dead.kai some people can be funny
Na soooo.

Politics is the best way to big money.
Re: Pharmacists Or Doctors,who Are Richer? by write2obi(m): 10:03am On Jul 06, 2016
IZANAMI:
OK then.
*As a doctor,you're a first class citizen*
Lol,,That's more like a misleading conjecture basically because it's an ethical perception,an enlightened mind would apparently know that's completely wrong.
I'm also aware of that fact you do write some exams before getting promoted,My question is, How many of 'em do get promoted?How many consultants do we have?A lot find it difficult to reach the peak of their career,More reason why we have a lot of Medical officers in hospital these days.A lot even find it hard to become a specialist talkless of being a consultant.
Please for learning purposes, please I'm getting this two mixed up, are they different? And which one comes first?
Re: Pharmacists Or Doctors,who Are Richer? by Drsmiles(m): 10:06am On Jul 06, 2016
IZANAMI:
CS for 600k? grin grin grin you aren't talking to an ignorant mind you know,CS can never be above 50K bro...
*You don't need a pharmacy cert to run a pharmacy*
You're very very ignorant bro.Don't blurt bullshit on what you know nothing about.I won't indulge in unnecessary admonitions coz I'm you aren't an enlightened mind bro..
Go and do a field study
Go to any private hospital and ask for the price of CS
Where I live I don't think up to 10 pharmacies have the pharmacy certificate
They mostly register as drug stores and they make their sales
You can have a pharmacy and make big bucks
I can own a clinic and make huge sums too
Specialization and consultancy are the same thing
Calm down and get your facts right

3 Likes

Re: Pharmacists Or Doctors,who Are Richer? by slex(m): 10:17am On Jul 06, 2016
CHANNELStv2020:
В Нигерии сейчас вообще все наборот и точка.

Братан ты где? По русски хорошо знаешь?
Re: Pharmacists Or Doctors,who Are Richer? by Nobody: 10:25am On Jul 06, 2016
Drsmiles:

Go and do a field study
Go to any private hospital and ask for the price of CS
Where I live I don't think up to 10 pharmacies have the pharmacy certificate
They mostly register as drug stores and they make their sales
You can have a pharmacy and make big bucks
I can own a clinic and make huge sums too
Specialization and consultancy are the same thing
Calm down and get your facts right
I know it to be same thing but maybe to him, a consultant is an engaged specialist who is precepting residents physicians.
Re: Pharmacists Or Doctors,who Are Richer? by 3pointz(m): 10:41am On Jul 06, 2016
IZANAMI:
Mr asssmasher,it depends on the angle you're looking at it from.
If it's within the hospital settings,a doctor's pay will definitely outweigh that of a pharmacist but the same can't be said outside d hospital for a pharmacist coz the pay far outweighs that of a doctor depending on the perspective again.Mind you,before you can enjoy the middlingly big pay as a doctor,you'll have to go for residency and that's nothing less than 6years after which you'll then start off as a junior registrar and that's nothing below 240k.
Consultants are being paid 700k to A million plus depending in the field.Million plus can only be paid for the dreaded fields like neurosurgery unlike internal medicine,orthopaedics and d likes and mind you,it'll take you more than 2decades before you can attain ds rank.
Obviously,you can only become a registra(250k) after like 12-15yrs I.e 6yrs(degree)+1yr(horsemanship)+1yr(service)+nothing less than 5yrs residency if you're lucky,some use more than 8yrs in d program. It isn't easy..
The entry level for pharmacists straightaway post nysc is 160k-170k thereabout while it's like 180-200+ for Medical officers.For doctors who do not go for residency,the pay isn't much attractive coz dey get paud just like other civil servants with little difference.More than 70% of d doctors you see arent specialist,only a little percentage is.That's the bitter truth.
That's d reason a greater percentage of them are left frustrated owing to d fact they only studied it for d sake of job security and prestige.If you have passion for it,you'll make it...

Outside the hospital settings,Pharmacists are regarded as big Men that's depending on the field,in industries,They can serve as Med rep for multinational companies,most pay from the range of 200-300k or even higher for entry level e.g gsk,sanofi aventis,reckitt,benkiser,drugfield,novartis and d likes.With time depending on how well you meet your targets,you can rise through ranks to a senior rep,production manager and a regional manager.
Senior reps earn like 300-500+ depending on d company.
Ass.Production manager earns more than 500+-600
Production manager earns more than 600+
Regional manager earns more than 1M to even 2M depending on d company.
Those figures are for multinationals not for locals Pharm companies.

In community settings,they can make sales of 300+ depending on the location.
I've once worked as a locum for a community Pharm and they make sales of 400-700+ weekly depending on how fast d sales Boom.That's like 3times d salary of a registrar in less than a week.Sometimes,it might not b this high but it can never be below 200+ weekly.Sometimes more than 1M in less than 3days because it's business.
Obviously, that's d rationale why pharmacist aren't willing to work.in hospital coz there are opportunities for 'em to explore.

And as a pharmacist, you can easily set off a business of your own.
Wow well detailed explanation. U really prove u know wat u r talking about #respect bro.
Re: Pharmacists Or Doctors,who Are Richer? by CHANNELStv2020: 10:45am On Jul 06, 2016
slex:


Братан ты где? По русски хорошо знаешь?
да хорошо знаю, но я в России живу.
Re: Pharmacists Or Doctors,who Are Richer? by richardohiemi: 11:03am On Jul 06, 2016
IZANAMI:
Blood of Zechariah!I need doctors in d house to enlighten this shallow mind pls.
Or better still go to d doctors forum and see where your ignorance lies.You have to become a specialist b4 being a consultant.olodo!!
Mallam....let me take time to enlighten you cause you are obviously a champion of ignorance...firstly the word you seem so hard to be searching for that seems elusive to you is a resident or in other words an associate specialist...this individual has decided to engage in a specific field and become a specialist...so therefore he is also known as an associate specialist...when he overcomes the hurdles and proves his mettle he becomes a specialist in that particular medical field aka consultant...hope I have calmed that tide of ignorance??

3 Likes

Re: Pharmacists Or Doctors,who Are Richer? by nacaz4real(m): 11:14am On Jul 06, 2016
Just as usual unprofessional comparisons, i wasn't disappointed by the comments, and I believe these are from people who profess to be professionals, no wonder the health sector is in a total state of anarchy. OP, there's a saying that "if you do what you love then you'll never work one day". If money is what you seek then you'll be so disgusted by the thing you'll do or things you'll have to endure to make money. "A skilled man will always find himself before kings". In my opinion both professions are very useful in our modern health system. You get paid for your knowledge and ability to diagnose illness and also provide medicinal curative remedies or surgical as a medical practitioner, and that's a wonderful skill. While on the other hand a pharmacist is charged with the production, compounding, promotion of safe use and the proper disposal of drugs and poisons, infact, it extends to the total logistics of drugs. These professions also have very strict ethics, trust me when I say this; if you follow them you'll be very comfortable only if you are contempt.

2 Likes

Re: Pharmacists Or Doctors,who Are Richer? by Nobody: 11:33am On Jul 06, 2016
Drsmiles:

Go and do a field study
Go to any private hospital and ask for the price of CS
Where I live I don't think up to 10 pharmacies have the pharmacy certificate
They mostly register as drug stores and they make their sales
You can have a pharmacy and make big bucks
I can own a clinic and make huge sums too
Specialization and consultancy are the same thing
Calm down and get your facts right
Up to 10 pharmacies in the same area has already exposed your falsehood bro.You sabi lie gan.That's against d ethics of d profession. And also,How do you know they have no pharmacy cert?Where you going from shop to shop and demanding for 'em to tender their cert?Abeg,You too dey lie jare grin grin grin
So CS is up to 600k? grin grin I've had enough of your mendacity...There's a diff BTW patent drug dealers and pharmacies,the difference is very Wide.I don't think I need to go through d rigor of enlightening you,You don't need it.

7 Likes

Re: Pharmacists Or Doctors,who Are Richer? by Nobody: 11:40am On Jul 06, 2016
IZANAMI:
Up to 10 pharmacies in the same area has already exposed your falsehood bro.You sabi lie gan.That's against d ethics of d profession. And also,How do you know they have no pharmacy cert?Where you going from shop to shop and demanding for 'em to tender their cert?Abeg,You too dey lie jare grin grin grin
So CS is up to 600k? grin grin I've had enough of your mendacity...There's a diff BTW patent drug dealers and pharmacies,the difference is very Wide.I don't think I need to go through d rigor of enlightening you,You don't need it.
are you a pharmacist?
Re: Pharmacists Or Doctors,who Are Richer? by Nobody: 11:47am On Jul 06, 2016
Drsmiles:





Half knowledge is dangerous
A doctor isn't only restricted to the hospital
Some doctors are into public health and make big bucks without specialization per se
Ask doctors of WHO,UNICEF,SAVE THE CHILDREN,MSF and many more.
Some doctors are into academics- they lecture from anatomy to physiology,biochemistry,microbiology,PHARMACOLOGY public health etc all,they just have to have a masters in the field and they are allowed to become lecturers...they also make considerable bucks
There are specialties like orthopaedics, neurosurgery,even general surgery where you make 6 figures monthly or even weekly from procedures you do
Some doctors set up private hospitals and like any business there those making loads of bucks from it
Some doctors also move abroad and that's an entire world all together
Some go into research,some into sports medicine,some join the military and rise in rank,
Some do radiology and report X-rays for cool cash,some even own these centers making millions monthly
Some do invitro fertilization,........many other things to do
So apart from mainstream clinical practice which is also lucrative relatively
There are many other ventures a doctor can go into
Hope u understand


All these companies you mentioned
My only problem is how you have to move around and do the marketing
After rigorous training you just becoming a marketer
And it's evident cos other paramedical courses also do the same job
Only few pharmacist go into serious drug research,formulation
Only few actually employ the pharmaceutical training

Back to the matter
Pharmacist make money
Doctors also make money
You can't say an average pharmacist is richer than the average Doctor
So in choosing follow your heart

you're right.Young man,anybody with masters in public health can work in those health organization you cited.Even at medicine,you'll have to obtain a masters in public health before venturing there. A biochemist,microbiologist or someone who only attended an institute of public health with a masters in d discipline can go there.That's no big deal @ all.

Besides,I can see you don't know much about d marketing aspect by asserting other paramedicals do d same.Pharmacists are given priority.Pharmacists are med rep while others are called sales rep in d industry.You can't really know much about that coz theres a wide diff between the 2.
You're right.Besides,anyone can become a lecturer,anyone can move abroad to practise, anyone can.join d military and climb up d ladder. How they can make millions monthly from a radiologist centre still remains a mystery to me though.
Concerning the marketing aspect,That's not ur business,so far d person's satisfied and contented with d nature of his job and keep smiling to d bank,not going on strike for d sake of salary and unpaid allowance,that's cool to me.Besides,the entry level salary of who u called just a marketer can be higher than that of a registra depending on d company.we know how ironically easy it is to become a registrar.



The one u tagged a marketer can venture into wholesales and make 7times your salary in a couple of days if he has mother nature on his side so what's d fuss about




I completely agree with ur last statement.
Thanks for d enlightenment anyways.

4 Likes 1 Share

Re: Pharmacists Or Doctors,who Are Richer? by InyinyaAgbaOku(m): 12:46pm On Jul 06, 2016
IZANAMI:
Mr asssmasher,it depends on the angle you're looking at it from.
If it's within the hospital settings,a doctor's pay will definitely outweigh that of a pharmacist but the same can't be said outside d hospital for a pharmacist coz the pay far outweighs that of a doctor depending on the perspective again.Mind you,before you can enjoy the middlingly big pay as a doctor,you'll have to go for residency and that's nothing less than 6years after which you'll then start off as a junior registrar and that's nothing below 240k.
Consultants are being paid 700k to A million plus depending in the field.Million plus can only be paid for the dreaded fields like neurosurgery unlike internal medicine,orthopaedics and d likes and mind you,it'll take you more than 2decades before you can attain ds rank.
Obviously,you can only become a registra(250k) after like 12-15yrs I.e 6yrs(degree)+1yr(horsemanship)+1yr(service)+nothing less than 5yrs residency if you're lucky,some use more than 8yrs in d program. It isn't easy..
The entry level for pharmacists straightaway post nysc is 160k-170k thereabout while it's like 180-200+ for Medical officers.For doctors who do not go for residency,the pay isn't much attractive coz dey get paud just like other civil servants with little difference.More than 70% of d doctors you see arent specialist,only a little percentage is.That's the bitter truth.
That's d reason a greater percentage of them are left frustrated owing to d fact they only studied it for d sake of job security and prestige.If you have passion for it,you'll make it...

Outside the hospital settings,Pharmacists are regarded as big Men that's depending on the field,in industries,They can serve as Med rep for multinational companies,most pay from the range of 200-300k or even higher for entry level e.g gsk,sanofi aventis,reckitt,benkiser,drugfield,novartis and d likes.With time depending on how well you meet your targets,you can rise through ranks to a senior rep,production manager and a regional manager.
Senior reps earn like 300-500+ depending on d company.
Ass.Production manager earns more than 500+-600
Production manager earns more than 600+
Regional manager earns more than 1M to even 2M depending on d company.
Those figures are for multinationals not for locals Pharm companies.

In community settings,they can make sales of 300+ depending on the location.
I've once worked as a locum for a community Pharm and they make sales of 400-700+ weekly depending on how fast d sales Boom.That's like 3times d salary of a registrar in less than a week.Sometimes,it might not b this high but it can never be below 200+ weekly.Sometimes more than 1M in less than 3days because it's business.
Obviously, that's d rationale why pharmacist aren't willing to work.in hospital coz there are opportunities for 'em to explore.

And as a pharmacist, you can easily set off a business of your own.

Do you know how much doctor owners of private hospitals make? What is 500 000 to the owner of a big hospital?
You know nothing.
As if most pharmacists end up working for multinational s.
See you comparing successful pharmacists to unsuccessful doctors

1 Like

Re: Pharmacists Or Doctors,who Are Richer? by InyinyaAgbaOku(m): 12:55pm On Jul 06, 2016
IZANAMI:
you're right.Young man,anybody with masters in public health can work in those health organization you cited.Even at medicine,you'll have to obtain a masters in public health before venturing there. A biochemist,microbiologist or someone who only attended an institute of public health with a masters in d discipline can go there.That's no big deal @ all.

Besides,I can see you don't know much about d marketing aspect by asserting other paramedicals do d same.Pharmacists are given priority.Pharmacists are med rep while others are called sales rep in d industry.You can't really know much about that coz theres a wide diff between the 2.
You're right.Besides,anyone can become a lecturer,anyone can move abroad to practise, anyone can.join d military and climb up d ladder. How they can make millions monthly from a radiologist centre still remains a mystery to me though.
Concerning the marketing aspect,That's not ur business,so far d person's satisfied and contented with d nature of his job and keep smiling to d bank,not going on strike for d sake of salary and unpaid allowance,that's cool to me.Besides,the entry level salary of who u called just a marketer can be higher than that of a registra depending on d company.we know how ironically easy it is to become a registrar.



The one u tagged a marketer can venture into wholesales and make 7times your salary in a couple of days if he has mother nature on his side so what's d fuss about




I completely agree with ur last statement.
Thanks for d enlightenment anyways.

Your description of well paid pharmacists is essentially that of a marketer.
Hahahahahaha.
So much for cramming all them formulae

3 Likes

Re: Pharmacists Or Doctors,who Are Richer? by Babysho(m): 12:57pm On Jul 06, 2016
Asssmasher:
I'm in a state Of limbo presently,by that,I mean I'm in a Confused Swamp of dilemma.
I just Finished with SLT in a Federal polytechnic,I'm very confused about the course to study.I have 2 courses in mind which are ;Medicine and pharmacy.


I like both courses but I wanna be rich,,,I mean I wan make this moneyyy...
I have passion for both courses but I have to know which one is more lucrative.
Forget the passion talk shii,,I'll definitely survive if I go through any of the two despite the level of rigor.I'm 100% sure of that.

Just illuminate d dark in respect to which of the two earn biggerAbeg!!!!
No unnecessary admonitions..
No matter how zenithal the height of passion one has for a course,one has to consider the lucrativeness. No be our fault,Na naija cause am...

Hello Asssmasher.
What University do you want to apply to? Also, is it through direct entry?....and are you a HND or ND holder?

Please Reply because I'm also in a bit of a dilemma. I just finished with ND and I'm so confused.
Re: Pharmacists Or Doctors,who Are Richer? by Drsmiles(m): 1:12pm On Jul 06, 2016
IZANAMI:
Up to 10 pharmacies in the same area has already exposed your falsehood bro.You sabi lie gan.That's against d ethics of d profession. And also,How do you know they have no pharmacy cert?Where you going from shop to shop and demanding for 'em to tender their cert?Abeg,You too dey lie jare grin grin grin
So CS is up to 600k? grin grin I've had enough of your mendacity...There's a diff BTW patent drug dealers and pharmacies,the difference is very Wide.I don't think I need to go through d rigor of enlightening you,You don't need it.

Insults aren't necessary bro
Just take a chill pill
C/s ranges from 40k or less in a rural hospital in yobe to 1m or more in a private hospital in Abuja
There are surgeries that would cost 12million
Go and do a total hip replacement or do a genioscopy and repair and you'd see the cost
The number of private hospitals far outweighs the number of registered pharmacies( not drug stores) anywhere
And Don't conclude hastily
You can't come out and make the conclusion that pharmacists make more money than Doctors
It's rather hasty, an undue generalization and not well thought through
Then your knowledge of what Doctors can do is painfully limited
A doctor can even pay for ur license and do the pharmacy business or doesn't that settle it
Besides if you want to be truly rich you have no business in pharmacy or medicine
Which pharmacy school did dangote otedola or Adenuga attend
Which medical school did bill gates warren buffet go to

Thing is I'd rather practice in a field where I use my education and my knowledge of my field improves daily
I weep when I see a pharmacist who has gone through the rigors of school become a mere marketer
Go and see what pharmacists in other countries do!!!!
Rather than weep at the degradation of your profession you're celebrating going to all hospitals and soliciting for purchase
While the real pharmacists are in the laboratories researching and formulating drugs and coordinating clinical trials
Why can't Nigerian pharmacists look into homegrown active ingredients to solve African indigent problems
Must all our drugs be imported??
Most every pharmacist be a marketer
When they even do the lectures that introduces a new drug
Doctors do most of the talking
Don't present pharmacy as a greener grass to the young man Biko

5 Likes 1 Share

Re: Pharmacists Or Doctors,who Are Richer? by Drsmiles(m): 1:20pm On Jul 06, 2016
IZANAMI:
How many Doctors own a private practice??Very few.That's if you have enough money to set up.
There are more private hospitals than fully registered pharmacies ( not drug stores)
A pharmacist can only use his certificate to register one premise and that's if he's not working in a government establishment

1 Like

Re: Pharmacists Or Doctors,who Are Richer? by Decale: 1:41pm On Jul 06, 2016
IZANAMI:
Up to 10 pharmacies in the same area has already exposed your falsehood bro.You sabi lie gan.That's against d ethics of d profession. And also,How do you know they have no pharmacy cert?Where you going from shop to shop and demanding for 'em to tender their cert?Abeg,You too dey lie jare grin grin grin
So CS is up to 600k? grin grin I've had enough of your mendacity...There's a diff BTW patent drug dealers and pharmacies,the difference is very Wide.I don't think I need to go through d rigor of enlightening you,You don't need it.


I'm not into medicine but at least a family member and you're really very very very very ignorant. VERY!!!!

Cesarean section you say that's not up to 100k is the government hospital. Private hospitals charge up to 800k. This is no joke, I've visited a friend who delivered in one where she paid 580k. That same hospital does IVF for a mill, up to 8 per month excluding other surgeries and other maternal services.

And my cousin became a consultant at 31, so be sure of what you say. Doctors earn more than pharmacists in the same organisation be it internship to service to hospitals to military to community to academics. That's the fact

But pharmacists have a propensity to earn more because of their marketing and sales skills plus pharmacies ownership, etc which shouldn't be the norm of a pharmacist but that's life.

So please, modify your post in the first page cos it's filled with balderdash and really misleading young ones out there.

Thanks

2 Likes

Re: Pharmacists Or Doctors,who Are Richer? by mentorandfriend(m): 1:54pm On Jul 06, 2016
Can I really answer your question directly? Let me attempt.

Doctors and pharmacists are well respected individuals in the society. This is because they're the masters of their destiny.

In the hospital environment, the entry level salary for doctors as interns (Housemanship) is slightly higher than pharmacy interns; N164, 000 - N186, 000 or thereabout for a doctor, to N144, 000 - N156, 000 or thereabout for a pharmacist. After this period of one year Housemanship/Internship, there is much separating a doctor and a pharmacist. It will solely depend on how you apply yourself.

As a post NYSC doctor, you decide to write primaries and start residency training in a Teaching Hospital or Federal Medical Center, you're in a rat race for the next 4 to 10 years, depending on how quick you pass your fellowship exams to become a consultant. As a consultant in a government hospital, you can earn about N500, 000, slightly less or slightly more.

Same thing for a pharmacist. If you engage your services with a government hospital, truth is that the doctor will always be paid more than you. Don't argue about that.

But here's the game changer. Outside-the-government-practice.

A pharmacist can rent out his licence to individuals and money bags seeking to import and market drugs, and will even charge as high as N1, 000, 000 per annum. He can rent his licence to as many as two, three or even more.

A pharmacist can also be employed by major pharmaceutical companies for jobs ranging from quality assurance officer, research fellows, etc to marketers and all that. The money paid by big companies as P&G, Reckitt Benckiser, Emzor, Juhel, etc. is much.

A pharmacist can also open his own pharmacy shop, and can make sales of up to N500, 000 in a week in major cities, depending on location. Therefore, it's true that pharmacists make a lot of money.

As for doctors, the same cannot be said of them. Why? Because I'm a doctor.

It's a diligent profession where you stress more than you earn. You'll won't be wealthy, but then, you'll have all you need.

Doctors in private practice (not being paid salary by an employer, that is, you own your own hospital) can comfortably compete with pharmacists in terms of making money. I've once worked in a private hospital in Onitsha where we make up to one million naira every day. Doubt me? An IVF process can cost as much as a million naira. A minimal access surgery for any procedure at all is in that range too. Prostatectomy, Cesarean section, myomectomy, etc are all big money procedures.

In summary, it's neither here nor there, though pharmacists have an edge very early in their career. In the real sense of it, a pharmacist has a lucrative career ahead, starting from post NYSC; but a doctor is rudderless and sometimes, broke post NYSC. He needs to be a consultant first, or at least acquire a high level of competence in surgical procedures even if you're not a consultant yet so as to make your mark in private practice, because that's where the money is, and this can take as much as 10 years post NYSC, or more.

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Re: Pharmacists Or Doctors,who Are Richer? by Decale: 2:11pm On Jul 06, 2016
@ mentorandfriend

Is it only private hospitals or consultancy?
What of other divisions like military, masters in various courses like public health, etc? Don't they make money too?
Re: Pharmacists Or Doctors,who Are Richer? by mentorandfriend(m): 2:19pm On Jul 06, 2016
Decale:
@ mentorandfriend

Is it only private hospitals or consultancy?
What of other divisions like military, masters in various courses like public health, etc? Don't they make money too?


Whether a doctor joins the military, goes for post graduate studies in public health, pharmacology, parasitology, etc, he'll still be in the Rat Race, because he's joining the military to earn salary, he's doing post graduate to be a lecturer or research assistant in the university or whatever. So long as he's going to be under an employer, he's in a rat race.

Private practice by far, or at least being a consultant in a government hospital is where the money is.

I hope you know what the Rat Race means? Check a topic I did in my profile.

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Re: Pharmacists Or Doctors,who Are Richer? by Kunlexic(m): 3:43pm On Jul 06, 2016
Kingjay5:
Am a medical student presently, my brother d real answer to your questions and not to be decieved is.. As a medical doctor u can be comfortable , bt u are nt assured of been rich , medicine is nt studied for money bt passion to care for people , as u can even treat patient with no cash, if u wanna be a gud doctor, d relief of ur patient is d first priority and dere relief and happiness will bring joy to you dats d satisfactin. Bt if u are after money sir, u may nt make it far as d stress in the job is greater than d pay.
U are right but how many doctors keep to dat bolded...some doctors will see an emmergency case but they will attend to it if they are not paid for the service first.
Re: Pharmacists Or Doctors,who Are Richer? by Juicysam(m): 3:59pm On Jul 06, 2016
mentorandfriend:
Can I really answer your question directly? Let me attempt.

Doctors and pharmacists are well respected individuals in the society. This is because they're the masters of their destiny.

In the hospital environment, the entry level salary for doctors as interns (Housemanship) is slightly higher than pharmacy interns; N164, 000 - N186, 000 or thereabout for a doctor, to N144, 000 - N156, 000 or thereabout for a pharmacist. After this period of one year Housemanship/Internship, there is much separating a doctor and a pharmacist. It will solely depend on how you apply yourself.

As a post NYSC doctor, you decide to write primaries and start residency training in a Teaching Hospital or Federal Medical Center, you're in a rat race for the next 4 to 10 years, depending on how quick you pass your fellowship exams to become a consultant. As a consultant in a government hospital, you can earn about N500, 000, slightly less or slightly more.

Same thing for a pharmacist. If you engage your services with a government hospital, truth is that the doctor will always be paid more than you. Don't argue about that.

But here's the game changer. Outside-the-government-practice.

A pharmacist can rent out his licence to individuals and money bags seeking to import and market drugs, and will even charge as high as N1, 000, 000 per annum. He can rent his licence to as many as two, three or even more.

A pharmacist can also be employed by major pharmaceutical companies for jobs ranging from quality assurance officer, research fellows, etc to marketers and all that. The money paid by big companies as P&G, Reckitt Benckiser, Emzor, Juhel, etc. is much.

A pharmacist can also open his own pharmacy shop, and can make sales of up to N500, 000 in a week in major cities, depending on location. Therefore, it's true that pharmacists make a lot of money.

As for doctors, the same cannot be said of them. Why? Because I'm a doctor.

It's a diligent profession where you stress more than you earn. You'll won't be wealthy, but then, you'll have all you need.

Doctors in private practice (not being paid salary by an employer, that is, you own your own hospital) can comfortably compete with pharmacists in terms of making money. I've once worked in a private hospital in Onitsha where we make up to one million naira every day. Doubt me? An IVF process can cost as much as a million naira. A minimal access surgery for any procedure at all is in that range too. Prostatectomy, Cesarean section, myomectomy, etc are all big money procedures.

In summary, it's neither here nor there, though pharmacists have an edge very early in their career. In the real sense of it, a pharmacist has a lucrative career ahead, starting from post NYSC; but a doctor is rudderless and sometimes, broke post NYSC. He needs to be a consultant first, or at least acquire a high level of competence in surgical procedures even if you're not a consultant yet so as to make your mark in private practice, because that's where the money is, and this can take as much as 10 years post NYSC, or more.
you are wise..
Re: Pharmacists Or Doctors,who Are Richer? by InyinyaAgbaOku(m): 6:20pm On Jul 06, 2016
Drsmiles:


Insults aren't necessary bro
Just take a chill pill
C/s ranges from 40k or less in a rural hospital in yobe to 1m or more in a private hospital in Abuja
There are surgeries that would cost 12million
Go and do a total hip replacement or do a genioscopy and repair and you'd see the cost
The number of private hospitals far outweighs the number of registered pharmacies( not drug stores) anywhere
And Don't conclude hastily
You can't come out and make the conclusion that pharmacists make more money than Doctors
It's rather hasty, an undue generalization and not well thought through
Then your knowledge of what Doctors can do is painfully limited
A doctor can even pay for ur license and do the pharmacy business or doesn't that settle it
Besides if you want to be truly rich you have no business in pharmacy or medicine
Which pharmacy school did dangote otedola or Adenuga attend
Which medical school did bill gates warren buffet go to

Thing is I'd rather practice in a field where I use my education and my knowledge of my field improves daily
I weep when I see a pharmacist who has gone through the rigors of school become a mere marketer
Go and see what pharmacists in other countries do!!!!
Rather than weep at the degradation of your profession you're celebrating going to all hospitals and soliciting for purchase
While the real pharmacists are in the laboratories researching and formulating drugs and coordinating clinical trials
Why can't Nigerian pharmacists look into homegrown active ingredients to solve African indigent problems
Must all our drugs be imported??
Most every pharmacist be a marketer
When they even do the lectures that introduces a new drug
Doctors do most of the talking
Don't present pharmacy as a greener grass to the young man Biko
That guy knows zilch.
Doctors and other prople even open real pharmacies withbought licenses and make all the money they want.
Even hospitals have inbuilt pharmacies where they generate money.
See the guy gloating over hawking medicines? To doctors in hospitl for that matter

1 Like

Re: Pharmacists Or Doctors,who Are Richer? by Nobody: 8:09pm On Jul 06, 2016
InyinyaAgbaOku:

Do you know how much doctor owners of private hospitals make? What is 500 000 to the owner of a big hospital?
You know nothing.
As if most pharmacists end up working for multinational s.
See you comparing successful pharmacists to unsuccessful doctors
Yh,most pharmacists end up with multinationals, you might start with a local Pharm company,but you'll definitely end up with a multinational.

And what's 500k to a Commmuntiy pharmacist,He makes more than that in a day.
And how many private hospitals do we have?Abegii,if its that easy to run a hospital,We should have them littered around d cities like community pharmacy,Abegii..
Do you even need to be a doc to set up a hospital?
A Nurse with enough capital to start can do d same.
Abegiii

2 Likes

Re: Pharmacists Or Doctors,who Are Richer? by Nobody: 8:12pm On Jul 06, 2016
InyinyaAgbaOku:


Your description of well paid pharmacists is essentially that of a marketer.
Hahahahahaha.
So much for cramming all them formulae
The marketer will earn more than ur salary as a fresh grad in a multinational than u as a registrar.
Abegiii... grin grin
Despite that gan,how many registrars do we have?
Re: Pharmacists Or Doctors,who Are Richer? by Nobody: 8:18pm On Jul 06, 2016
Drsmiles:

There are more private hospitals than fully registered pharmacies ( not drug stores)
A pharmacist can only use his certificate to register one premise and that's if he's not working in a government establishment
That's a blatant lie bro.How many priv hospitals do we have?
Do d survey,if it's that easy,we should have them littered around everywhere like community pharmacies.
Re: Pharmacists Or Doctors,who Are Richer? by InyinyaAgbaOku(m): 8:22pm On Jul 06, 2016
IZANAMI:
The marketer will earn more than ur salary as a fresh grad in a multinational than u as a registrar.
Abegiii... grin grin
Despite that gan,how many registrars do we have?
Still yarning marketer?
You no dey shame?
You been no see marketing fill for jamb form?
Any body can do that shii.
Most reps I know aren't pharmacists .
It's derogatory wearing suits to beg people to buy drugs after cramming organic structures.
An entry doctor into a multinational like WHO, unicef earns 750k and abov.
Why not compare likes for likes? Hospital for hospotal, multinational for multinational?
A pharmacist working with WHO for entry level can never earn that much, that is, if they get jobs there sef.
In any same institution, docs earn more than pharmacists.

3 Likes

Re: Pharmacists Or Doctors,who Are Richer? by InyinyaAgbaOku(m): 8:24pm On Jul 06, 2016
IZANAMI:
That's a blatant lie bro.How many priv hospitals do we have?
Do d survey,if it's that easy,we should have them littered around everywhere like community pharmacies.
Anybody can own a pharmacy and make the same money.
You have lost it.

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