MBA in Pharmaceutical Management - Course Overview

Duration: 2 yrs |Avg. Fees: 2,00,000 / Year

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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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.

Related Questions

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 - DLP (ICFAIU-DLP), West Tripura

Carreograph Institute Of Management Studies (CIMS), Kolkata

Indian Institute of Commerce and Trade (IICT), Lucknow

You can check this list of Distance MBA colleges in India or check the following articles for more related information:

Distance Learning Courses in Management: Colleges, Fees, Eligibility, Application, Selection

Distance MBA in India: Top Distance MBA Colleges, Courses & Fees

MBA Pharma Colleges in India

If you require help with admission to distance MBA colleges, fill the Common Application Form ...

READ MORE...

How to apply For MBA program with only UG marks in hand against vacant seat in the institutions?As per the AICTE notice dated 25 August 2020 which allows to fill up the vacant seats by considering only UG marks.

-HarshitUpdated on September 13, 2020 11:48 AM
  • 1 Answer
Shreya Sareen, CollegeDekho Expert

Dear Student,

You are advised to confirm whether your selected college is accepting admission on the basis of UG Marks and if there are some vacant seats or not. Once you have confirmed that, you can fill the application form of the college. Details regarding the eligibility criteria and admission process can be checked from the official website of the college. You can also contact the college to know more about the admission process. It should be noted that the guidelines decided by the AICTE will only be valid for the 2020-2021 admissions session. If you are looking for admission ...

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 with at least 50% from a UGC recognised institute or university. A valid rank/score or percentile in MAT / CAT / ATMA/ CMAT / XAT / GMAT or any other equivalent exam conducted by any state government body. The course fee for MBA Pharma is approximately Rs.6.5 lakh. 

You can also take a look at some of the other popular MBA Pharma Colleges below 

Adamas University, Kolkata

Suresh Gyan Vihar University, Jaipur

D Y Patil University School of Management - (DYPUSM), Mumbai ...

READ MORE...

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FAQs

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.

Get details of best colleges for MBA in Pharmaceutical Management.