MBA in Pharmaceutical Management: Course, Fees, Exams, Admission, Colleges, Career Options

MBA in Pharmaceutical Management is a two-year postgraduate degree programme that overlaps the fields of pharmacy and management. The course discusses topics such as healthcare policy, pharmaceutical marketing and drug development. Around 24 private and 7 government colleges in India provide MBA in Pharmaceutical Management.

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This Story also Contains

1. Highlights: MBA in Pharmaceutical Management
2. MBA in Pharmaceutical Management Eligibility Criteria
3. MBA in Pharmaceutical Management Admission
4. MBA in Pharmaceutical Management Entrance Exams
5. Cutoff of Top Colleges
6. MBA in Pharmaceutical Management: Skills Required
7. Fee Structure of MBA in Pharmaceutical Management
8. Scope of MBA Pharmaceutical Management
9. Benefits of Studying MBA Pharmaceutical Management
10. Salary after MBA Pharmaceutical Management
11. List of Top MBA in Pharmaceutical Management Colleges in India with Fees

187 students from the 2-year PG course of IIHMR University, Jaipur are placed in the year 2022-23. The median salary of Jamia Hamdard, New Delhi and IIHMR University, Jaipur is Rs. 5.52 LPA and Rs. 6.38 LPA respectively. To enrol in the MBA in Pharmaceutical Management, candidates must have done a bachelor's degree.

Highlights: MBA in Pharmaceutical Management

MBA in Pharmaceutical Management Eligibility Criteria

To get an MBA in Pharmaceutical Management admission in India, candidates must ensure that they fulfil the required MBA in Pharmaceutical Management eligibility criteria. The eligibility for an MBA in Pharmaceutical Management is as follows:

• MBA in Pharmaceutical Management admission requires the aspirant to complete their undergraduate degrees such as BBA, BA, B.Sc, B.Com, or BCA with a minimum average of 50 per cent aggregate marks from a recognised institution in any relevant discipline.
• Students must have cleared the entrance examination with good scores, along with satisfying the MBA in Pharmaceutical Management eligibility criteria.
• They are required to appear for the counselling process and pay the MBA in Pharmaceutical Management fees.

MBA in Pharmaceutical Management Admission

Universities accept students into MBA in Pharmaceutical Management programmes based on academic performance or a cut-off score on an entrance exam. Also, several colleges offer direct admission to an MBA in Pharmaceutical Management in India based on merit in the qualifying exams. The admission procedure for MBA in Pharmaceutical Management is detailed below.

• Candidates must meet the minimum eligibility requirements to enrol in the college.
• They need to apply to the colleges or universities based on their preference and interest in which they want to get admission.
• Candidates can also apply online by visiting the institute's official website, completing the online application form and submitting e-copies of required documents.
• They need to appear for the entrance exam and get the required cutoff mark.
• After the application, the admission committee will review and release the list of admitted candidates.
• The selected candidates can start the course by verifying their documents and paying the MBA in pharmaceutical management fees.

MBA in Pharmaceutical Management Entrance Exams

Students looking forward to taking admission into an MBA in Pharmaceutical Management will need to appear and ace the required entrance exams. Here is a list of the best MBA admission examinations in Pharmaceutical Management.

Cutoff of Top Colleges

MBA in Pharmaceutical Management cut-off is a set of rules used to determine the MBA in Pharmaceutical Management admission. The MBA in Pharmaceutical Management cutoff varies according to the institution and is based on the number of applicants and previous years’ MBA in Pharmaceutical Management entrance exam scores.

MBA in Pharmaceutical Management: Skills Required

MBA in Pharmaceutical Management course requires hard and soft skills to get the full benefits of the course and to get the desired career afterwards. Some of the skills needed for MBA in Pharmaceutical Management are mentioned below:

• Interpersonal skills
• Time management
• Organisational skills
• Communication skills
• Problem-solving skills
• Leadership skills

Subjects/Syllabus of MBA in Pharmaceutical Management

MBA in Pharmaceutical Management subjects will be unique depending on the management institutions and B-schools. In the following table, candidates can check the detailed MBA in Pharmaceutical Management syllabus offered by Ganpat University.

Fee Structure of MBA in Pharmaceutical Management

The fee will differ from college to college based on various factors like location and type of MBA in Pharmaceutical Management colleges, the infrastructure they provide and the like. The average MBA in Pharmaceutical Management fees lies between Rs. 1.60 Lakhs and Rs. 15 Lakhs.

Scope of MBA Pharmaceutical Management

MBA in Pharmaceutical Management has become immensely popular among students in the past few years. MBA Pharmaceutical Management course offers diverse management career opportunities in multiple fields like healthcare, pharmaceuticals and biotechnology.

Students can also pursue a PhD in Pharmaceutical Management as well as in Biochemistry or Chemistry and have completed an MBA in Pharmaceutical Management. Students can expand their knowledge even further as they pursue higher-paying careers.

Career Options after MBA in Pharmaceutical Management

The MBA in Pharmaceutical Management programme is designed to give students a broad understanding of the industry. MBA in Pharmaceutical Management graduates can find work in both government and private-sector organisations. Below, we have mentioned some of the MBA in Pharmaceutical Management jobs.

Drug Inspector: Drug inspectors assist in determining drug safety, usefulness, and reliability. Their primary responsibility is to check food or medicines at various stages of the manufacturing process to ensure that quality standards are met. They are also in charge of executing safety rules and devising procedures for inspecting pharmaceutical products.

Biochemist: Biochemists investigate the behaviour of living things at the molecular level to comprehend the processes that take place. To examine the effect of medications and food on biological processes, biochemists must analyse DNA, enzymes, and other substances. They define the structure of molecules with high-tech devices.

Pharmacist: A pharmacist is an expert in the use of medications. A pharmacist's workplace could be in a hospital, a community setting, or a retail drug shop and pharmacy, for example: Pharmacists are also in charge of drug development, marketing, and distribution.

Market Research Analyst: A market research analyst is a part of the marketing team. A market research analyst evaluates customer preferences to assist companies in achieving product specifications based on current market trends, expanding their reach through advertising, and marketing their products and services.

Top Recruiters

• Pfizer
• Ranbaxy Laboratories
• Genzyme
• Novartis
• Regeneron Pharmaceuticals
• Laurus Laboratories Ltd

Benefits of Studying MBA Pharmaceutical Management

Pharmaceutical Management is among the most rapidly expanding and lucrative sectors of management education. Development, research, pharmaceutical administration, and healthcare are all aspects of an MBA in Pharmaceutical Management. Also, students will learn business operations, advanced marketing principles, and professional pharmaceutical management that prepare them for the industry out there.

Salary after MBA Pharmaceutical Management

The average income of an MBA in Pharmaceutical Management graduate is determined by a variety of criteria like the location and type of the company and skills and experience of the employee. The average salary of the MBA in Pharmaceutical Management graduates is tabulated below.

Source: AmbitionBox

Note: The salary might vary depending on various factors.

List of Top MBA in Pharmaceutical Management Colleges in India with Fees

MBA in Pharmaceutical Management programmes are available at a range of educational institutions throughout the world. Previous academic performance and admission test scores are used to determine admission. In the table below, we have mentioned the MBA Pharmaceutical Management colleges in India and the MBA Pharmaceutical Management fees.

Browse Top MBA in Pharmaceutical Management Colleges in Top Locations

A lot of public and private educational institutions offer an MBA in Pharmaceutical Management. The fee may vary based on the institution's type and geographical area. Top MBA in Pharmaceutical Management colleges in top locations are tabulated below.

Top Private MBA in Pharmaceutical Management Colleges in India with Fees

Various private academic institutions across the country offer an MBA in Pharmaceutical Management. Admission is based on academic achievement and the results of entrance exams. In the table below, candidates can find the top private colleges for MBA in Pharmaceutical Management in India and the MBA Pharmaceutical Management fees

Top Government MBA in Pharmaceutical Management Colleges in India with Fees

Government educational institutes in India also provide MBA in Pharmaceutical Management. In the table below, we have mentioned the top government MBA Pharmaceutical Management colleges in India.

MBA in Pharmaceutical Management is ideal for those interested in learning the management and business side of the pharmaceutical and healthcare industry in India. MBA in Pharmaceutical Management courses in India help students to excel in their careers, such as drug inspector, biochemist, pharmacist, and market research analyst.