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B Pharmacy or BPT: Which is Better for an Aspiring Science Student?

Dr Nagarajan Jsk

Dr Nagarajan Jsk   |202 Answers  |Ask -

NEET, Medical, Pharmacy Careers - Answered on Aug 10, 2024

Dr Nagarajan JSK is an associate professor and former head of medical research at the JSS College of Pharmacy, Ooty.
He has over 30 years of experience in counselling students towards making the right career choices, particularly in the field of pharmacy.
As the JSS College placement officer, he has helped aspiring professionals prepare for and crack job interviews.
Dr Nagarajan holds a PhD in pharmaceutical sciences from the JSS Academy of Higher Education And Research, Mysore, and is currently guiding five PhD scholars.... more
Asked by Anonymous - Aug 04, 2024Hindi
Career

Sir In which is best scope in B pharmacy or BPT? And what is both the process? And from both of which is higher salary can we get? And both have scope in india? Plz guide me

Ans: Hi, B.Pharm is preferable to BPT. MNCs offer pharmacy graduates up to 6-8 LPA for marketing roles.
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Dr Nagarajan Jsk

Dr Nagarajan Jsk   |202 Answers  |Ask -

NEET, Medical, Pharmacy Careers - Answered on Aug 13, 2024

Career
Sir can you give me full information of b pharmacy course after 12th ? Step to step
Ans: ADMISSION:
Eligibility criteria: (EXTRACTED FROM PCI, NEW DELHI).

3. Duration of the course. – B. Pharm: The duration of the course shall be four academic years (annual/semester) full time with each academic year spread over a period of not less than two hundred working days for annual pattern and hundred working days for each semester.


4. Minimum qualification for admission to –
The Bachelor of Pharmacy (B.Pham.) Course Regulations, 2014 No. 14-154/ 2010- PCI.—In exercise of the powers conferred by Section 10 and 18 of the Pharmacy Act, 1948 (8 of 1948), the Pharmacy Council of India, with the approval of the Central Government hereby makes the following regulations; namely– CHAPTER-I 1. Short title and commencement (1) These regulations may be called the Bachelor of Pharmacy (B.Pharm) Course Regulations, 2014. (2) They shall come into force from the date of their publication in the official Gazette.

2. B. Pharm shall consist of a certificate, having passed the course of study and examination as prescribed in these regulations, for the purpose of registration as a pharmacist to practice the profession under the Pharmacy Act, 1948. CHAPTER-II

3. Duration of the course. – B. Pharm: The duration of the course shall be four academic years (annual/semester) full time with each academic year spread over a period of not less than two hundred working days for annual pattern and hundred working days for each semester.

4. Minimum qualification for admission to – A. First year B. Pharm – A pass in any of the following examinations -

i. Candidate shall have passed 10+2 examination conducted by the respective state/central government authorities recognized as equivalent to 10+2 examination by the Association of Indian Universities (AIU) with English as one of the subjects and Physics, Chemistry, Mathematics/Biology as optional subjects individually. “However, the students possessing 10+2 qualification from non-formal and non-class rooms based schooling such as National Institute of Open Schooling, open school systems of States etc. shall not be eligible for admission to B.Pharm Course.”

ii. Any other qualification approved by the Pharmacy Council of India as equivalent to any of the above examinations. Provided that a student should complete the age of 17 years on or before 31st December of the year of admission to the course. Provided that there shall be reservation of seats for the students belonging to the Scheduled Castes, Scheduled Tribes and other Backward Classes in accordance with the instructions issued by the Central Government/State Government/Union Territory Administration as the case may be from time to time.


6. Course of study. – The course of study for B. Pharm shall include the subjects, number of hours in a week devoted to each subject for its teaching in theory, practical and tutorial as may be prescribed by the Pharmacy Council of India from time to time.

7. Practical Training: The student is required to undergo practical training of 150 hrs either in (A) Pharmacy Practice (Hospital/Community pharmacy) or (B) Pharmaceutical and allied Industries spread over a period of not less than one month during the course of study after second year.

8. Syllabus. – The syllabus for each subject of study shall be as prescribed by the Pharmacy Council of India from time to time.

14. Minimum marks for passing examination.? A student shall not be declared to have passed examination unless he or she secures at least 50% marks in each of the subjects separately in the theory and practical examinations, including sessional marks. The students securing 60% marks or above in aggregate in all subjects in a single attempt at B. Pharm shall be declared to have passed in the First Class. Students securing 75% marks or above in any subject or subjects shall be declared to have passed with distinction in the subject or those subjects provided he / she passes in all the subjects in a single attempt.

course: 14 (a). Eligibility for the promotion to the next year. – All the students who have appeared for all the subjects and passed the First year Annual Examination are Eligible for promotion to the second year and so on. However, failure in more than two subjects shall debar him /her from promotion to the next year classes.

15. Approval of examinations.? Examinations mentioned in regulations 10 to 12 and 14 shall be held by the examining authority which shall be approved by the Pharmacy Council of India under sub-section (2) of section 12 of the Pharmacy Act, 1948. Such approval shall be granted only if the examining authority concerned fulfills the conditions as specified in Appendix–(B) to these regulations.

16. Certificate of passing examination.? Every student who has passed the examinations for the B. Pharm shall be granted a certificate by the examining authority.

ENTRANCE TEST:
In order to secure admission, candidates are required to take the entrance test administered by either government or private universities. Admission is granted based on the candidates' scores.

..Read more

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Ramalingam Kalirajan  |7466 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 08, 2025

Money
Hello sir, I am a 42 year old, have a dependend wife and 10 yr old daughter (5 STD). I have a monthly income of 2.25 lakh in hand. Monthly expenses 70k. I have no debts and I am staying in my own flat. I invested 1 lakhs in equity stocks, 16 lakhs in MF lumpsum, 13 lakh in FD and 10 lakh in NSC. Till date my PF is 27 lacs. I pay 40,000 SIP monthly starting from 2023, pay PPF 1.5 lacs p.a.from 2022, pay NPS 1.3 lacs p.a from 2022 and pay SSY 1.5 lacs p.a.from 2020 and PPF for wife 1 lacs p.a from 2022 and PPF for daughter 50k p.a.from 2023. Family medical insurance of 10 lacs.. and myself term insurance of 50 lakhs and LIC of 10 lakhs. Also I purchased LIC Child Money back of 10 lacs and SBI smart chap 5 lacs for my daughter education. I want to plan my retirement at the age of 55. How should i plan my retirement 3 cr corpus??
Ans: Your financial situation is stable, with multiple investments and no liabilities.

Income: Rs. 2.25 lakh per month offers strong savings potential after expenses.

Expenses: Rs. 70,000 per month leaves ample room for investments.

Existing Investments: Equity stocks (Rs. 1 lakh), mutual funds (Rs. 16 lakh), FD (Rs. 13 lakh), NSC (Rs. 10 lakh), and PF (Rs. 27 lakh) form a diversified base.

Ongoing Commitments: SIP of Rs. 40,000, PPF contributions, and NPS add regular growth.

Insurance Coverage: Adequate health insurance (Rs. 10 lakh) and term insurance (Rs. 50 lakh).

Defining Your Retirement Goal
You aim for a Rs. 3 crore corpus by age 55. Consider inflation and lifestyle needs.

Inflation Impact: Rs. 3 crore today might not suffice in 13 years due to inflation.

Monthly Expenses: Rs. 70,000 now could double to Rs. 1.4 lakh due to 6% inflation.

Longevity Planning: Plan for a 30-year post-retirement period to ensure financial security.

Evaluating Current Investments
Equity Stocks: Rs. 1 lakh is a small allocation. Consider diversifying into mutual funds.

Mutual Funds: Rs. 16 lakh in lump sum and Rs. 40,000 SIP build growth over time.

Fixed Deposits: Rs. 13 lakh ensures safety but offers low returns.

National Savings Certificate (NSC): Rs. 10 lakh provides stability but lacks flexibility.

Provident Fund: Rs. 27 lakh builds wealth steadily, given your regular contributions.

PPF and NPS: Long-term instruments aligned with retirement goals.

SSY for Daughter: Rs. 1.5 lakh annually ensures her education expenses are planned.

Insurance Policies: LIC and child plans provide minimal returns; consider alternatives.

Key Recommendations for Retirement Planning
Optimising Investments
Increase SIP Amount: Gradually raise your SIP to benefit from compounding and market growth.

Focus on Equity Funds: Actively managed funds can generate higher returns compared to index funds.

Reduce FD Dependence: Move a portion of FDs into balanced mutual funds for better returns.

Exit Traditional Plans: Consider surrendering LIC and SBI child plans to reinvest in high-growth mutual funds.

Build Emergency Fund: Maintain 6–12 months' expenses in liquid funds or savings accounts.

Enhancing Retirement Corpus
Leverage NPS: Increase contributions to benefit from tax savings and market-linked returns.

Continue PPF Contributions: This offers tax benefits and secure, inflation-beating returns.

Diversify Equity Allocation: Explore mid- and small-cap funds for higher growth potential.

Tax Efficiency: Plan withdrawals carefully to minimise capital gains taxes.

Securing Post-Retirement Income
Systematic Withdrawal Plans (SWP): Use SWPs for a steady, tax-efficient post-retirement income.

Debt Funds: Consider debt funds for predictable, stable returns during retirement.

Hybrid Mutual Funds: These balance growth and stability, suitable for retirement years.

Rebalance Regularly: Adjust equity and debt allocations annually as retirement nears.

Planning for Daughter’s Education
SSY Continuation: Ensure contributions continue till maturity for her education needs.

Mutual Funds for Education: Invest in diversified mutual funds for additional education corpus.

Avoid Traditional Plans: LIC and child policies may underperform compared to mutual funds.

Protecting Against Risks
Health Insurance: Increase family health coverage to at least Rs. 20 lakh to cover rising medical costs.

Term Insurance: Ensure term insurance coverage matches your family’s financial needs.

Inflation-Proofing: Allocate part of the retirement corpus to equity for inflation-adjusted growth.

Emergency Fund: Keep funds easily accessible for unexpected expenses.

Final Insights
Your financial foundation is strong, and your retirement goal is achievable with better planning. Focus on optimising investments, ensuring inflation-adjusted returns, and securing your family’s future. Regular reviews with a certified financial planner will ensure alignment with your goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

Ramalingam

Ramalingam Kalirajan  |7466 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 08, 2025

Asked by Anonymous - Jan 07, 2025Hindi
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Money
Good Afternoon. Family of 2, Age 57 and 56 Years staying in City, Own House, No Loan, No other specific liabilities. Our current value of MF is around 7.5 - 8 Crs (Small, Mid and Multi Assets) and say Rs. 3.5 Cr in FD and property. Need around Rs. 70-75 K per month now. Is this good enough to retire with same life style ? Thanks.
Ans: A corpus of Rs. 11–11.5 crore, including mutual funds and fixed deposits, is substantial. Evaluating its sufficiency for retirement requires considering inflation, life expectancy, and investment returns.

Monthly Requirement: Rs. 70,000–75,000 per month for household expenses equates to Rs. 9–9.5 lakh annually.

Inflation Adjustment: Considering inflation of 6–7%, expenses will double in 12 years.

Life Expectancy: Assume a planning horizon of 30–35 years to cover longevity risks.

Investment Allocation and Cash Flow
Fixed Deposits: Rs. 3.5 crore in FDs ensures safety and liquidity but offers low returns.

Mutual Funds: Rs. 7.5–8 crore in small, mid, and multi-asset funds offers growth potential.

Property: Owning a house eliminates rent expenses, reducing cash outflows.

Emergency Reserve: Maintain six months' expenses in liquid funds or savings accounts.

Inflation-Proofing Your Lifestyle
Dynamic Withdrawals: Increase withdrawals yearly in line with inflation to maintain your lifestyle.

Equity Allocation: Retain a portion of your portfolio in equity for long-term growth.

Debt Allocation: Use debt investments for stable returns and capital protection.

Hybrid Funds: Consider hybrid mutual funds to balance risk and reward.

Generating Regular Income
Systematic Withdrawal Plan (SWP): Use SWPs in mutual funds for consistent, tax-efficient cash flow.

Debt Fund Withdrawals: Use debt mutual funds for short-term needs due to lower tax rates.

Staggered Fixed Deposits: Ladder FDs to balance liquidity and optimise returns.

Tax Optimisation Strategies
Capital Gains Taxation: Plan withdrawals to minimise taxes on mutual fund gains.

Debt Fund Taxation: Withdraw debt mutual funds cautiously to stay in a lower tax bracket.

Senior Citizen Benefits: Use senior citizen savings schemes for additional tax savings.

Interest Income: Monitor interest from FDs to avoid higher tax liabilities.

Safeguarding Against Risks
Healthcare Expenses: Ensure health insurance of at least Rs. 20–25 lakh per person.

Market Volatility: Avoid excessive allocation to small- and mid-cap funds in retirement.

Longevity Risk: Plan for a 35-year horizon to ensure corpus longevity.

Emergency Fund: Keep a separate fund to avoid withdrawing investments during downturns.

Evaluating Lifestyle Needs
Travel and Leisure: Allocate a portion for discretionary expenses like travel or hobbies.

Medical Emergencies: Account for increasing healthcare costs with a health corpus.

Gifting and Support: Set aside funds for family support or charity, if required.

Rebalancing Your Portfolio
Review Annually: Rebalance your portfolio to align with changing needs and market conditions.

Reduce Equity Gradually: Decrease equity exposure as you age to reduce risk.

Increase Debt Allocation: Shift towards safer assets for stable cash flow.

Diversify Investments: Spread investments across asset classes to mitigate risks.

Final Insights
Your corpus appears sufficient for retirement, given your modest monthly requirements. Proper planning, inflation adjustment, and portfolio rebalancing are crucial to ensure lifelong financial stability. Regular consultations with a certified financial planner will help optimise your investments and address unforeseen challenges.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

Ramalingam

Ramalingam Kalirajan  |7466 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 08, 2025

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Hi Sir, I have a doubt on the following Index funds. "UTI Nifty 50 Index Fund Direct-Growth" & "ICICI Prudential Nifty 50 Index Direct Plan-Growth". These 2 are just a sample of similar other funds. Both of these funds are 12 years old both of them are index funds but how and why their growth has a big gap. the current NAV of UTI is around 160 but the current nav of ICICI fund is 240. Please explain. And I'm planning start invest initially on "Navi Nifty Next 50 Index Fund - Direct Plan" just because it is an Index fund, with lowest expense ration of 0.06% and it has 2000+Crores of AUM I chose this. please suggest
Ans: The NAV (Net Asset Value) difference between index funds arises due to:

Launch Timing: Funds launched at different times may have different starting NAVs.

Expense Ratio: A higher expense ratio reduces returns over time, affecting NAV growth.

Tracking Error: The fund’s ability to mimic the index may vary, creating NAV differences.

Dividend Payouts: Funds paying dividends see a reduction in NAV, impacting growth comparison.

Challenges of Index Funds
No Outperformance: Index funds replicate the index and do not aim to outperform it.

Market-Linked Risk: These funds decline in line with the index during market corrections.

Limited Scope for Customisation: Index funds follow a set strategy with no room for adjustments.

Lower Returns in Emerging Markets: Actively managed funds may perform better in dynamic markets like India.

Benefits of Actively Managed Funds
Potential for Higher Returns: Skilled fund managers can outperform the index.

Risk Management: Actively managed funds can adjust strategies during volatile periods.

Flexibility: Fund managers can identify opportunities and avoid underperforming sectors.

Value Addition: Active funds add value through research and selection of quality stocks.

Disadvantages of Direct Plans
Lack of Guidance: Investing directly means no access to expert advice or strategy.

Time-Consuming: Self-managing your portfolio requires significant research and monitoring.

Missed Opportunities: Lack of guidance may result in suboptimal fund selection.

Behavioural Biases: Emotional decisions may negatively impact returns without a financial planner.

Benefits of Regular Plans through a Certified Financial Planner
Personalised Advice: A financial planner customises recommendations based on your goals.

Portfolio Review: Regular plans come with portfolio reviews and rebalancing support.

Expertise and Insights: A certified financial planner has access to market insights and research.

Tax Optimisation: Proper planning ensures tax-efficient investments and withdrawals.

Evaluating Your Choice of Index Fund
While choosing index funds with low expense ratios and high AUM is logical:

Focus on Goals: Ensure the fund aligns with your long-term objectives.

Consider Tracking Error: A fund with a low tracking error is more efficient.

Reassess for Active Alternatives: Actively managed funds could provide better returns in certain categories.

Liquidity of AUM: High AUM ensures better liquidity but does not guarantee superior returns.

Final Insights
Choosing index funds or direct plans should involve understanding their limitations. Actively managed funds and regular plans with certified financial planners often provide better outcomes. Ensure every investment decision aligns with your financial goals and risk tolerance.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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