A Research And Development Manager is a person who performs various as well as principal roles like planning, executing and analyzing new programs within the company. Basically, Research And Development is an activity wherein an organization analyzes before launching new products into the market and researches about it like the ingredients required, how much will it cost, what is its demand in the market, etcetera. So, to do this task companies require Research And Development Managers.

The work and duties of a Research And Development Manager may vary depending on the type of organization they work for. Moreover, their major responsibility involves communicating with clients, understanding their needs, effective ways to make a product at lesser cost, document the business objective and much more.

For Bachelor’s

• Aspirants need to pass 10+2 with at least 50% marks from any recognised board. 
• Students can opt for a Bachelor's degree in finance, human resources or general management.

 For Masters

• There are some companies which only hire Master’s Degree holders. 
• Scholars can opt for a Master's Degree in the same field, for better career opportunities. 

 For Diploma

• Seekers need to pass 10+2 with at least 50% marks from an esteemed organization. The duration of a diploma course is between 1 to 3 years.

The field of Research And Development Management aims to provide in-depth knowledge and enhance the skills of the students. To do such a task, this field presents innumerable job profiles:  

• Research And Development Engineer
• Research Analyst
• Research Associate
• Data Analyst
• Business Analyst
• Product Development Manager
• Business Development Manager
• Marketing Manager
• Market Research Analyst
• Market Research Manager

There are many recruiters from leading companies who enlist potential students in the Research And Development Management field. Following are some Recruiters from where students can find an employment opportunity in India: 

• Amazon
• Flipkart
• Nokia
• Tata Motors
• Google
• IBM India
• Samsung
• Boat
• Mahindra And Mahindra Limited
• Apple

The salary range may vary from company to company, but the salary of a Research And Development Manager is very impressive only in India.

• Analytical Thinking
• Mathematical Knowledge
• Interpersonal Skills
• Management Skills
• Leadership Abilities
• Deep Research And Thinking Power
• Good Decision Maker

As the World is advancing, so is the need for growth and development. In India, big companies are bringing about bigger changes and opportunities, where they require Research And Development Managers to understand the demands of the consumer and guidance in developing new products as well as technology. So, the scope for Research And Development Managers is on a rise.

Moreover, they have numerous work opportunities as they can work in various industries like Healthcare, Insurance, Media, Construction, Telecommunication and many more. Many Colleges and Universities are also offering skill enhancement classes along with Research And Development Courses to make students ready for the real World, which will give them more opportunities and be beneficial in the future. 

• Handsome Pay & Incentives
• High Growth Opportunities
• Skill Development Courses are Readily Available
• Freelancing Opportunities
• Importance while Decision-Making

• Keep on Updating Skills
• Requires A Lot of Knowledge
• Involves Market Risk
• Mental Burn Out
• Long Working Hours
• Highly Competitive