About MBA Pharmaceutical Management Course:
MBA or Master of Business Administration in Pharmaceutical Management is a two year post graduate degree pursued after Bachelor degree in the field of Pharmaceutical industry. It includes the development, Marketing and distribution of pharmaceutical products.
The curriculum of MBA Pharmaceutical Management includes the study of pharmaceutical marketing, regulatory affairs, healthcare systems, drug discovery and development, intellectual property rights, supply chain management, and finance. MBA students also have hands on training through case studies, industry oriented internships and real time projects.
After Completion of MBA Pharmaceutical Management students have a wide range of opportunities in Pharmaceutical industry. The variety of job roles like pharmaceutical sales and marketing, regulatory affairs, drug development, healthcare consulting, and supply chain management. Pharmaceutical companies, healthcare organizations, government agencies, and consulting firms are offering this kind of job roles to the students of MBA Pharmaceutical Management.
The average course fees for [MBA ] Pharmaceutical Management Courses range between INR INR 2-10 lakhs per annum (may vary as per college).
[MBA ] Pharmaceutical Management Course Admission Process:
[MBA ] Pharmaceutical Management Quick facts
Highlights for [MBA ] Pharmaceutical Management program are provided in the table given below:
| Course Level |
Masters |
| Full form |
[MBA ] Pharmaceutical Management |
| Duration |
2 Years |
| Examination type |
Semester |
| Eligibility |
Bachelor's Degree in any field with minimum aggregate marks from recognized university |
| Age Limit |
No age limit |
| Course fee |
INR 2-10 lakhs per annum (may vary as per college) |
| Average Salary |
INR 4-12 lakhs per annum (may vary as per job profile and company |
| Job Positions |
Pharmaceutical Marketing Manager, Regulatory Affairs Manager, Drug Safety Manager, Medical Science Liaison |
[MBA ] Pharmaceutical Management Eligibility & Entrance exam
Eligibility Criteria for MBA Pharmaceutical Management:
Eligibility for getting admission in MBA Pharmaceutical Management course may vary from college to college but there is some common criteria of admission is discuss below:
- Student must have a Bachelor degree in any stream from a recognized college or university along with minimum 50% aggregate.
- Some reputed college may conduct their own entrance exams or they can accepts scores of state and national level entrance exams scores, followed by group discussion and personal interview.
- There is no criteria regarding to age limit, study is beyond the age.
- Some colleges may require work experience before admission this may vary and totally depends on college.
Students who have meeting above criteria are eligible to take admission in the MBA Pharmaceutical Management course; student may also have to check with the college official website so they can know more about the exact eligibility criteria.
How to apply for college?
Properly research about the college and also check the eligibility criteria of the college.To apply in particular college student must have to follow given steps:
- Visit to the official website of the college.
- Apply in admission section.
- Fill all the details in admission form like personal details, educational details, entrance exams scores and many more.
- Submit all the necessary documents like photo, signature, personal documents, educational certificates etc.
- Also check is there any counseling round or not. If college is conducting counseling than apply for it.
- Pay the fees for application Form.
Here given above process is common process it may vary from college to college.
Entrance Exams for MBA Pharmaceutical Management:
Scores obtained from entrance exams are key to get admission in reputed colleges, Good score leads to top colleges and vice versa. Student has to prepare for entrance exams to get admission in top colleges. Here is the list of some top entrance exams for MBA Pharmaceutical Management for which a student can prepare and get top college are:
|
Entrance Exam Name
|
Mode of Exam
|
Conducting Body
|
Minimum Cut-off Marks
|
|
Common Admission Test (CAT)
|
Online
|
Indian Institutes of Management (IIMs)
|
Varies for each IIM, typically above 85 percentile
|
|
Xavier Aptitude Test (XAT)
|
Online
|
Xavier School of Management (XLRI)
|
Varies for each institution, typically above 70 percentile
|
|
Graduate Management Admission Test (GMAT)
|
Online
|
Graduate Management Admission Council
|
Varies for each institution, typically above 550
|
|
Management Aptitude Test (MAT)
|
Online and Offline
|
All India Management Association (AIMA)
|
Varies for each institution, typically above 500
|
|
Common Management Admission Test (CMAT)
|
Online
|
National Testing Agency (NTA)
|
Varies for each institution, typically above 70 percentile
|
NOTE: For exam fees, eligibility criteria, dates and exact cut off please visit to the official website of particular exam.
[MBA ] Pharmaceutical Management Duration & Fees
MBA Pharmaceutical Management Course duration:
This MBA Pharmaceutical Management degree is two years full time post graduate degree which is further divided into four semesters whereas in some colleges there are three semester in a year.
The curriculum of degree is designed such as it includes classroom lectures, industry visits, guest lectures, internships, and practical training which lead to real world practical experience in particular industry.
MBA Pharmaceutical Management Course Fees:
Fees for course may vary from institution to institution it depends on the ranking, Infrastructure, Faculty, Placements, Facilities provided by the college. Usually the fees for MBA Pharmaceutical Management course are ranges between INR 2 LAKH to INR 10 LAKH per annum.
[MBA ] Pharmaceutical Management Jobs,Scope,Salary after course
Scope after MBA Pharmaceutical Management:
Pursuing a post graduate degree like MBA leads to high paying jobs along with gaining advance knowledge in particular field. MBA is a very demanding degree in India; many of students are passed out in this degree. After Completion of MBA Pharmaceutical Management students have a wide range of opportunities in Pharmaceutical industry. The variety of job roles like pharmaceutical sales and marketing, regulatory affairs, drug development, healthcare consulting, and supply chain management. Pharmaceutical companies, healthcare organizations, government agencies, and consulting firms are offering this kind of job roles to the students of MBA Pharmaceutical Management. Here is the list of popular job roles after MBA Pharmaceutical Management course are:
|
Job Role
|
Job Description
|
Average Salary (INR)
|
|
Pharmaceutical Marketing Manager
|
Develops and implements marketing strategies to promote pharmaceutical products
|
8-10 LPA
|
|
Regulatory Affairs Manager
|
Ensures compliance with regulations and guidelines for the development and approval of pharmaceutical products
|
7-9 LPA
|
|
Drug Safety Manager
|
Oversees the monitoring and reporting of adverse drug reactions to ensure patient safety
|
6-8 LPA
|
|
Medical Science Liaison
|
Acts as a scientific expert and provides medical information to healthcare professionals and stakeholders
|
8-12 LPA
|
|
Supply Chain Manager
|
Manages the procurement, production, and distribution of pharmaceutical products
|
7-9 LPA
|
|
Healthcare Consultant
|
Provides strategic advice to pharmaceutical companies and healthcare organizations
|
8-12 LPA
|
Note: The salary mentioned above may vary from company to company and based on experience and interview of individual student.
[MBA ] Pharmaceutical Management Top colleges offering course
Top Colleges for MBA Pharmaceutical Management:
Choosing a good college is a difficult task, good college leads to good career. Before choosing a college one has to check all the details about the college. There are many colleges are offering MBA Pharmaceutical Management course but to choose a right college student must check some points like ranking, Infrastructure, Faculty, Placements, Facilities provided by the college. The top colleges may have high fees but the placements are good from top colleges. Here is the list of some top colleges offering MBA Pharmaceutical Management Course is:
|
College/University
|
Location
|
Average Fees (per year)
|
Placement Ratio
|
|
Jamia Hamdard
|
New Delhi
|
Rs. 2.50 lakhs
|
90-95%
|
|
NMIMS School of Business Management
|
Mumbai
|
Rs. 8.50 lakhs
|
90-95%
|
|
Institute of Clinical Research India (ICRI)
|
New Delhi
|
Rs. 2.25 lakhs
|
85-90%
|
|
Amity University
|
Noida
|
Rs. 3.50 lakhs
|
80-85%
|
|
SIES College of Management Studies
|
Mumbai
|
Rs. 2.60 lakhs
|
80-85%
|
|
Narsee Monjee Institute of Management Studies (NMIMS)
|
Hyderabad
|
Rs. 4.00 lakhs
|
80-85%
|
Note: The fees and placement ratio may vary, for exact information please visit to the official websites of the particular college.
Al-Falah University
Flame University
AKS University Amicable Knowledge Solution
AMET University AMET- Academy of Maritime Education and Training
Aurora Higher Education & Research Academy
Neotia University
ADYPU Ajeenkya DY Patil University
Amity University Mumbai
