MD Full Form | What is the Full Form of MD


md full form

Medical council of India provides the MD degree in India. You can opt for MD in one of your preferred subjects to obtain speciality. Most of MD courses are non-surgical in nature. After completion of MD, you can apply for jobs in Private as well as government hospitals. Private hospitals pay a handsome salary after completion of MD. But, What is the full form of MD?

MD full form Stands for Doctorate of Medicine is a post-graduate degree after MBBS in India. You can go for MD after completion of your MBBS(Bachelor of Medicine and Bachelor of Surgery). MD will take 3 years to complete whereas MBBS will take 5 years to complete.

Salary and benefits after completion of MD

You will earn Rs. 1,00,000 per month after completion of MD in private hospitals.

MD enables you to earn a very handsome salary. You can expect an approx average salary of Rs. 1,00,000 per month in private hospitals whereas in government hospitals you can make an average salary of Rs. 55,000 per month.

Let’s see how much specialisation pays in India-

1. Paediatrician- Approx Rs. 1,00,000 to 2,00,000 per month

2. Gynaecologist- Approx Rs. 1,00,000 to 2,50,000 per month

3. Orthopedician- Approx Rs. 1,00,000 to 2,00,000 per month

4. General Physician- Approx Rs. 1,00,000 to 2,00,000 per month

5. General Surgery- Approx Rs. 1,00,000 to 1,75,000 per month

6. Radiologist- Approx Rs. 1,50,000 to 3,50,000 per month

These are some of the salaries of specialised doctors in India.

Few subjects for MD

You can choose any subject among many available subjects for MD in India. Here we are going to present many MD or Doctorate of Medicines fields in front of you. You can pursue your MD from either one of them according to your aim.

  • MD in Dermatology and Venerology
  • MD in Dermatology, Venerology and Leprosy
  • MD in Forensic Medicine
  • MD in General Medicine
  • MD in Geriatrics –
  • MD in Aviation Medicine
  • MD in Bio-Chemistry
  • MD in Bio-Physics
  • MD in Health Administration
  • MD in Hospital Administration
  • MD in Lab Medicine
  • MD in Physical Medicine & Rehabilitation
  • MD in Nuclear Medicine
  • MD in Obstetrics and Gynecology
  • MD in Forensic Medicine
  • MD in General Medicine
  • MD in Geriatrics –
  • MD in Ophthalmology
  • MD in Pediatrics
  • MD in Pathology
  • MD in Pharmacology
  • MD in Tuberculosis and Respiratory Diseases
  • MD in Venerology
  • MD in Psychiatry
  • MD in Radiology
  • MD in Radio Diagnosis
  • MD in Pathology
  • MD in Pharmacology
  • MD in Physical Medicine & Rehabilitation
  • MD in Physiology
  • MD in Radiotherapy
  • MD in Physiology
  • MD in Microbiology
  • MD in Anesthesiology
  • MD in Community Medicine
  • MD in Dermatology
  • MD in Social and Preventive Medicine

Conclusion-

So now you know that MD can open many doors for you which can boost your career as well as your salary like anything. MD is truly a great choice which will open doors for DM also. You can do super specialization after completion of your MD. So best of Luck.

2.MD- Managing Director

md full form

MD full form stands for Managing Director is a post in Corporate and businesses. The managing Director is quite similar to a CEO. MD or managing Director oversee and control the company’s business operations, helps in developing business for the company and make sure that overall company growth is happening in a fair manner. MD or managing Director reports to board and use their advice to run the company. Managing Director provides vision and strategic long term plan to the company and makes sure that it’s following it. Managing Director and chief executive officers are both topmost posts in the company. So we can say that the MD or managing Director is responsible for running and overseeing the business.

You will earn approx Rs. 2,000,000 per annum as a Managing director in Indian companies. It is an average base pay of MD. \

Salary of MD

MD or Managing Director in sales and marketing earns an average salary of Rs. 45,00,000 per annum. The salary ranges from Rs. 6,00,000 per annum to Rs. 1,00,00,000 per month. 

It’s common for MD to draw such a massive amount of salary in big companies. MD is very important in any business, so they need to be compensated very well as their decision can help a company earn multi-billions or lose multi-billion. So these people need to be compensated well in order to retain them in the company.

It should be mentioned that TATA motor MD, as well as CEO Guenter Butschek total remuneration, was nearly Rs. 26 Crore in 2018-19 time period.

So you can see how much great MD’s are paid in big companies.

Skills needed for Managing Director

Here we will discuss the skills needed for becoming the managing Director of a Company. Let’s see those skills. You should be master at these skills as MD position is very sought after position in businesses.

1. Prospect can motivate the workforce to do wonders even in bad times.

2. Prospect should have a strong vision for the company as well as leadership ability.

3. Prospect should have excellent managing skills.

4. Prospect should have strong negotiation skills.

5. Prospect should have the ability to handle tough situations and runs the multi-faceted business operation.

6. Prospect should have strong Forecasting and planning abilities.

7. Prospect should have Complex problem-solving skill.

8. Prospect should have an effective skill of decision making.

9. Prospect should have in-depth knowledge of the market and continuously changing business environment.

Conclusion-

So we have seen the roles and responsibility of an MD. The role of MD is sometimes can be lonely, but it’s a high-pressure job where your reward is very high. You are responsible for growing your business and achieve new boundaries in the market. You can be the game-changer for your company and it to its zenith. You are not required to any physical work or some cold call type work. You will get your personal secretary for these types of works. But you are required to attend high-level meetings and make some crucial decision which can be very tough at some points but again, high rewards come to hard workers only.

Written by-Aditya Soni

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