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MBA in Pharmaceutical Management is a postgraduate course with a focus on the management and business practices in the pharmaceutical industry. It is a 2-year course and is generally divided into 4 semesters of study. Over the duration of this course, a student is taken over the technical aspects of pharmaceutical science while also being taught managerial and marketing strategies followed in the pharma industry.
The MBA in Pharmaceutical Management course is available for graduates. It is a good choice of postgraduate course for candidates who have either had some experience in the pharmaceutical industry or have completed an undergraduate course in pharmacy. This MBA course will help a student get into management-level positions in companies related to drug manufacturing and research.
The course curriculum of MBA in Pharmaceutical Management is defined as per the requirements of the pharma industry. It helps a student understand crucial aspects related to the pharma sector such as the production management of pharmaceuticals, pharmaceutical marketing, brand management, finance and economics in the pharmaceutical sector etc. The course provides a combination of the technical know-how of the pharmaceutical industry with the management of key areas in the industry ranging from economic planning to production to marketing and sales.
Master of Business Administration in Pharmaceutical Management
Graduation in any stream with min. 50% marks
Entrance Exam + GD / PI (based on college)
Average Course Fee
Rs. 4 - 10 lakhs
Average Starting Salary
Rs. 5 - 7 LPA
Top Recruiting Companies
Sun Pharma, Lupin, Fortis, Cipla, Ranbaxy, Dabur, Aegis etc.
Pharma Business Environment
Management Principles in Pharma Industry
Financial Accounting and Analysis
Human Resource Management
Regulatory Framework for Pharma Business
Pharma Marketing Management
Business Development in Pharma
Intellectual Property Rights
Managing Innovation in Pharma
Business Leadership in Pharma
National & International Environment in Pharma
Product and Brand Management
Strategic Brand Marketing
Marketing Research in Pharma
Supply Chain Management
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MBA in Pharmaceutical Management offers a good career scope for students, especially if they have some previous work experience with the pharma sector. The curriculum of MBA in Pharmaceutical Management is custom-designed to suit a candidate for the pharma industry, which does limit the career options available for a candidate. However, for professionals who have identified their niche and want to stick to the Pharma industry, it is advisable to go for an MBA in Pharmaceutical Management course after gaining some practical exposure of the industry.
Job opportunities for MBA in Pharmaceutical Management graduates are most available in the private sector but public sector opportunities arise from time to time. Candidates with an MBA in Pharmaceutical Management are considered valuable for taking up major positions in related industries. Such candidates can be given the responsibility to handle areas such as business administration and management, pharmaceutical production management, financial management of pharma businesses, brand management and marketing of pharmaceutical products etc.
Some of the major recruiters of MBA in Pharmaceutical Management graduates include:
Drug Manufacturing Companies
Govt. agencies for drug control and regulation etc.
These are some of the top recruiters of MBA in Pharmaceutical Management students in India.
Given below are the popular job positions open for MBA in Pharmaceutical Management graduates.
Market Research Analyst
Business Development Manager
Drug Distribution Manager
Quality Assurance Manager etc.
There are many good MBA in Pharmaceutical Management colleges in India. Some of them are Sanjay Ghodawat University ...READ MORE...
The eligibility criteria for pursuing MBA Pharma from Vishwa Vishwani Institute of Systems and Management, Hyderabad is graduation ...READ MORE...
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After an MBA in Pharmaceutical Management, the areas such as business administration and management, pharmaceutical production management, financial management of pharma businesses, brand management and marketing of pharmaceutical products etc. hire an individual.
Some popular entrance exams for admission to an MBA in Pharmaceutical Management are CAT, MAT, SNAP, CMAT etc.
Some popular job positions for an aspirant after an MBA in Pharmaceutical Management are Market Research Analyst, Brand Manager, Sales Manager, Business Development Manager, Business Analyst, Drug Distribution Manager and Quality Assurance Manager.
The topics that are covered as a part of the syllabus of MBA in Pharmaceutical Management are Pharma Business Environment, Financial Accounting and Analysis, Management Principles in Pharma Industry, Business Communication, Human Resource Management, Regulatory Framework for Pharma Business, Pharma Marketing Management, Medical Pharmacology, Product and Brand Management, National & International Environment in Pharma etc.
After completing an MBA in Pharmaceutical Management, you extract an average salary of Rs. 5 to 7 LPA.
After applying for admission to MBA in Pharmaceutical Management, an individual will have to appear for a written entrance exam followed by either an interview or a Group Discussion.
The average course fee for an MBA in Pharmaceutical Management is from Rs. 4 to 10 lakhs.
The most popular companies that are popular for the recruitment of an individual after an MBA in Pharmaceutical Management are Ranbaxy Laboratories, Abbot, Alkem, Pfizer, Dabur India, Sun Pharma, INTAS etc.
A candidate must have completed graduation in any stream in order to pursue an MBA in Pharmaceutical Management. The minimum aggregate score varies from college to college and might be between 45% to 60%.
The duration of an MBA in Pharmaceutical Management is 2 Years.
Get details of best colleges for MBA in Pharmaceutical Management.