Cardiac Electrophysiologist Salaries in India
I happened to catch up with my medical school classmate from India after 5 long years and it was nice to know he was about to complete his three-year specialization in Cardiac Electrophysiology (After first completing a three-year MD program in General Medicine.
This what he found the starting salaries for a fresh Electrophysiologist to be:
Rs.70,000/- to Rs.90,000/- per month in Mumbai (Bombay)
That's about $1732.00 to $2,226/- a month in US Dollars as of 2007
Rs. 1,15,000/- to Rs. 1,25,000/- per month in Pune
That's about $2850.00 to $3,090/- per month in US Dollars as of 2007
Both in Corporate Hospitals
Difference in salaries in these cities about 80 miles apart, he said, was a matter of demand and supply
Salaries climb much higher with experience and much much higher with private practice and good business acumen - indeed, he said, he knows many Cardiac electrophysiologists making much more than any cardiologist in the United States could ever make - citing reasons like 'black' commission money from cardiac stents companies, lack of malpractice insurance (not many people sue docs in India) and even relatively easy tax-evasions
He said he performed 180 pace-maker installations in two-years - a figure one can hardly get in training during USA !
This what he found the starting salaries for a fresh Electrophysiologist to be:
Rs.70,000/- to Rs.90,000/- per month in Mumbai (Bombay)
That's about $1732.00 to $2,226/- a month in US Dollars as of 2007
Rs. 1,15,000/- to Rs. 1,25,000/- per month in Pune
That's about $2850.00 to $3,090/- per month in US Dollars as of 2007
Both in Corporate Hospitals
Difference in salaries in these cities about 80 miles apart, he said, was a matter of demand and supply
Salaries climb much higher with experience and much much higher with private practice and good business acumen - indeed, he said, he knows many Cardiac electrophysiologists making much more than any cardiologist in the United States could ever make - citing reasons like 'black' commission money from cardiac stents companies, lack of malpractice insurance (not many people sue docs in India) and even relatively easy tax-evasions
He said he performed 180 pace-maker installations in two-years - a figure one can hardly get in training during USA !
Labels: Cardiology, Electrophysiologist
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posted by Digitaldoc, MD at 7:53 PM
Comments on "Cardiac Electrophysiologist Salaries in India"
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Anonymous said ... (7/15/2009) :
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Anonymous said ... (8/21/2009) :
Post Your Comment !well consultants r paid huge in india n who r in practice n running successfuly r making huge..i kno a cardiologist in hospital in delhi got a contract of 5 crores per annum equal to u.s. 1 million...n even in small town if u hav private practice n ur clinic is running successfully u make arnd 10 to 15 lakhs a month wid so much ease...n best part in india is tax savings... making 1 million means saving 1 million in net ;-)...normal doc in private practice makes net 1 lakh u.s. $ in net ... no taxs...u cant save newhr in world as much u can save in india..
I am a senior practicing physician in a small town in India with a M.D. (its a specialty degree achieved after three year of study after MBBS the basic q). I never dreamt of earning more than 200000 INR /month (eq to 4000 usd) in my established practice