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A B.Sc Biology would generally mean B.Sc honours in Botany or Zoology. These are two very diverse fields of biology and there are a lot of prospects and options to choose from. If you are a general B.Sc life sciences student, with a combination of botany, zoology, physiology or something of the sort, you'll still have similar options to pick from. Ideally, your next step would be getting yourself a Masters degree. A general B.Sc life sciences student now gets to pick what field of biology he/she would like to specialize in. Now, you have general M.Sc Botany/Zoology courses in institutes across India and you also have rather specialised Masters courses, too. This is where things get interesting. Apart from your conventional M.Sc Biotech, M.Sc Molecular Biology, and M.Sc Biochemistry, you have a wide variety of alternate courses to pick from for your Master's degree courses:
M.Sc Plant Molecular biology (ideally for B.Sc Botany students)
M.Sc Biodynamics
M.Sc Animal Production
M.Sc Medical Molecular Biology
M.Sc Molecular Techniques in Life Sciences
M.Sc Molecular Life Sciences
M.Sc Molecular Nanoscience
M.Sc Cellular Biology
And the list goes on. Now, these specialised courses usually come with an unwritten warning, that you go for any of these provided you are interested in pursuing these as a serious research topic. These are unconventional because they are highly research oriented and are not intended to get you a job once you graduate. If you are looking for a job, you could go for the regular M.Sc offered in microbiology/biochemistry/ bioinformatics, etc. You could apply to different pharma companies that do R&D in your subject, or you could go in for herbal companies, cosmetic companies, etc., that require people with life sciences backgrounds. Companies like Himalaya, Patanjali, Ayush, etc., do considerable life sciences research, testing and trying out different plant/animal extracts and implementing their work in healthcare and cosmetics, etc. Besides, if teaching is your thing, there's always that. I always felt India, with its sizable teaching work force, still needs educators. We have teachers a-plenty, but we do lack educators; those who students look up to for inspiration; those who make a difference to a student's life. So, teaching is always a good option.