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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

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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.

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Questions Related to MBA Pharmaceutical Course

Which are the best colleges for MBA Pharmaceutical Management?

-yash patilUpdated on January 28, 2021 05:35 PM
  • 1 Answer
Shreya Sareen, CollegeDekho Expert

Dear Student,

There are many good MBA in Pharmaceutical Management colleges in India. Some of them are Sanjay Ghodawat University ...

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...

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FAQs about MBA in Pharmaceutical Management

Which employment areas hire an individual after an MBA in Pharmaceutical Management?

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.

Which entrance exams should I prepare for if I require admission in an MBA in Pharmaceutical Management?

Some popular entrance exams for admission to an MBA in Pharmaceutical Management are CAT, MAT, SNAP, CMAT etc.

Which are some popular job positions for an aspirant after an MBA in Pharmaceutical Management?

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.

Which topics are covered in the syllabus of MBA in Pharmaceutical Management?

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.

How much money can I make after completing an MBA in Pharmaceutical Management?

After completing an MBA in Pharmaceutical Management, you extract an average salary of Rs. 5 to 7 LPA.

What admission process does an individual encounter while applying for admission to MBA in Pharmaceutical Management?

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.

How much is the average course fee for an MBA in Pharmaceutical Management?

The average course fee for an MBA in Pharmaceutical Management is from Rs. 4 to 10 lakhs.

Which companies are popular for recruitment of an individual after an MBA in Pharmaceutical Management?

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.

What educational qualification is required for an MBA in Pharmaceutical Management?

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%.

How long is the duration of MBA in Pharmaceutical Management?

The duration of an MBA in Pharmaceutical Management is 2 Years.

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