MBA in Pharmaceutical Management (MBA Pharmaceutical)

Updated By Yash Dhamija on 25 Nov, 2020

Average Duration
2 years
Average Fee
20 K-6 L INR annual
Exams Accepted
CAT, XAT, GMAT ...

About MBA in Pharmaceutical Management

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.

Highlights of MBA in Pharmaceutical Management

Full Name

Master of Business Administration in Pharmaceutical Management

Stream

Management

Level

Postgraduate

Duration

2 years

Eligibility

Graduation in any stream with min. 50% marks

Admission Process

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.

MBA in Pharmaceutical Management Syllabus

First Year

Pharma Business Environment

Business Communication

Management Principles in Pharma Industry

Financial Accounting and Analysis

Human Resource Management

Regulatory Framework for Pharma Business

Pharma Marketing Management

Business Development in Pharma

Consumer Behaviour

Medical Pharmacology

Intellectual Property Rights

Financial Management

Second Year

Strategic Management

Managing Innovation in Pharma

Business Leadership in Pharma

National & International Environment in Pharma

Product and Brand Management

Operations Research

Strategic Brand Marketing

Marketing Research in Pharma

Quality Management

Supply Chain Management

Want to know more about

MBA in Pharmaceutical Management?

MBA in Pharmaceutical Management Career Options and Job Prospects

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

  • Hospitals

  • Govt. agencies for drug control and regulation etc.

Top Recruiting Companies for MBA in Pharmaceutical Management

These are some of the top recruiters of MBA in Pharmaceutical Management students in India.

  • Ranbaxy Laboratories

  • Pfizer

  • Abbot

  • Alkem

  • Dabur India

  • Sun Pharma

  • INTAS etc.

Given below are the popular job positions open for MBA in Pharmaceutical Management graduates.

  • Market Research Analyst

  • Business Development Manager

  • Brand Manager

  • Sales Manager

  • Business Analyst

  • Drug Distribution Manager

  • Quality Assurance Manager etc.

Questions Related to MBA Pharmaceutical Course

I want to pursue MBA from LPU. If I did not appear for any entrance exam like CAT, MAT or XAT then can I get admission?

-Narain sharmaUpdated on December 31, 2020 09:55 PM
  • 5 Answers
Shreya Sareen, CollegeDekho Expert

Dear Student

Yes, you can apply for MBA admission at Lovely Professional University, Phagwara even if you have not appeared ...

READ MORE...

What are the top colleges offering pharma MBA in distance mode and what are their fee structures?

-AnonymousUpdated on October 10, 2020 04:05 PM
  • 1 Answer
Abhinav Chamoli, CollegeDekho Expert

Dear Student,

Some of the top colleges offering MBA in Pharmaceutical Management in the distance learning mode include:

ICFAI University ...

READ MORE...

What is the fee and eligibility for MBA in Pharma from Vishwa Vishwani Institute of Systems and Management, Hyderabad?

-AnonymousUpdated on July 23, 2020 07:47 PM
  • 1 Answer
Shreya Sareen, CollegeDekho Expert

Dear Student,

The eligibility criteria for pursuing MBA Pharma from Vishwa Vishwani Institute of Systems and Management, Hyderabad is graduation ...

READ MORE...

Still have questions about MBA in Pharmaceutical Management

  • Typical response between 24-48 hours

  • Get personalized response

  • Free of Cost

  • Access to community

FAQs about MBA in Pharmaceutical Management

I want admission in MBA in Pharmaceutical Management. Do I have to clear any exams for that ?

MICA Admission Test , Himachal Pradesh Common Entrance Test , Delhi University Science , Maharashtra Common Entrance Test for MBA , Bharati Vidyapeeth Common Entrance Test are some of the exams that you can appear for to get admission in MBA in Pharmaceutical Management courses.

What are the top colleges offering MBA in Pharmaceutical Management courses ?

Following are some of the top colleges offering Management courses : S.P. Jain Institute of Management and Research (Mumbai) , Narsee Monjee Institute of Management Studies (Mumbai) , Vinod Gupta School of Management - IIT KGP (Kharagpur) , Indian Institute of Management (Kozhikode) , Shaheed Sukhdev College of Business Studies (New Delhi). You can explore these colleges on our website to check if they offer MBA in Pharmaceutical Management or not.

What is the average fee for the course MBA in Pharmaceutical Management ?

The average fee for MBA in Pharmaceutical Management is INR 6,00,000 per year.

What are the popular specializations related to MBA in Pharmaceutical Management ?

Some of the popular specializations for M.B.A. (Master of Business Administration) are : Development Management , Executive MBA , Foreign Trade , Cloud Computing , Global Financial Markets.

What is the duration of the course MBA in Pharmaceutical Management ?

MBA in Pharmaceutical Management is a 2 year course.

Latest Management News

Get details of best colleges for MBA in Pharmaceutical Management.