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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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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.
Particulars | Values |
---|---|
Course Name | MBA in Pharmaceutical Management |
Course Duration | 2 years |
Examination Type | Semester system |
Semesters | 4 semesters |
Eligibility Criteria | Bachelor’s degree from a recognised university |
Admission Process | Direct admission and based on the entrance examination |
Average Salary | Rs. 7.7 LPA |
Fees for the Entire Duration | Rs. 1.60 Lakhs to Rs. 15 Lakhs |
Top Companies | Ranbaxy Laboratories, Dabur India Ltd, GlaxoSmithKline, Abbott Laboratories, Regeneron Pharmaceuticals, Bayer, Biocon, Pfizer, Novartis, USV Private Limited and Sun Pharmaceutical Industries Ltd. |
Job Position | Pharmaceutical Purchase Manager, Drug Inspector, Biochemist, Pharmacist, and Market Research Analyst |
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:
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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.
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.
Exam Name | Level | Conducting Body | Exam Schedule |
---|---|---|---|
National | Indian Institute of Management Lucknow | ||
National | All India Management Association (AIMA) | ||
International | Graduate Management Admission Council | ||
National | National Testing Agency | ||
National | Xavier School of Management | ||
National | Graduate Management Admission Council |
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 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:
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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.
Semester 1 | |
Management Principles and Organisational Behaviour | Accounting and Costing for Managers |
Managerial Economics | Financial Management and Statement Analysis |
Corporate Ethics and Governance | |
Managerial Communication | Soft Skills and Critical Thinking for Managers |
Semester 2 | |
Global Business Environment | Research Methodology in Management |
Entrepreneurship and New Venture Planning | Data Analytics for Business |
Environment Management and Sustainable Development | Human Resources Management |
Production and Operations Management | Computer Skills for Managers |
Semester 3 | |
Strategic Management | Global Marketing Management |
Supply Chain Management for Pharmaceutical | Personality and Aptitude Building for Managers |
Industry Internship Project | Foreign Language |
Semester III (Operations Management Electives) | Purchasing and Vendor Management |
Project Management | Quality Management for Pharmaceuticals |
Semester III (Marketing Electives) | Consumer Behaviour |
Digital Marketing and Brand Management | Sales and Services Management |
Semester 4 | |
Management Control Systems | Healthcare Services Management |
R & D and Technology Management | Legal Aspects & Regulatory Affairs |
Epidemiology and Public Health Management | Capstone Project |
Semester IV (Electives) | Disaster and Risk Management |
Intellectual Property Rights | Publication Practices |
Working Capital for Manager | Retail 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.
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.
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.
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.
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.
Job Profile | Average Salary |
---|---|
Drug inspector | Rs. 5.0 LPA |
Biochemist | Rs. 2.6 LPA |
Pharmacist | Rs. 2.6 LPA |
Market research analyst | Rs. 4.2 LPA |
Source: AmbitionBox
Note: The salary might vary depending on various factors.
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.
Colleges | Fees |
---|---|
Rs. 5.13 Lakhs | |
Rs. 8.84 Lakhs | |
IIHMR University, Jaipur | Rs. 9 Lakhs |
School of Business Management SVKM's Narsee Monjee Institute of Management Studies, Mumbai | Rs. 15 Lakhs |
Rs. 2.00 Lakhs | |
Centre for Management Studies and Research, Ganpat University | Rs. 1.90 Lakhs |
Rs. 4.99 Lakhs | |
Rs. 2 Lakhs |
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.
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
Colleges | Fees |
---|---|
School of Business Management SVKM's Narsee Monjee Institute of Management Studies, Mumbai | Rs. 15 Lakhs |
IIHMR University, Jaipur | Rs. 9 Lakhs |
Shoolini University Solan | Rs. 8.84 Lakhs |
Centre for Management Studies and Research, Ganpat University | Rs. 1.90 Lakhs |
Rama University, Kanpur | Rs. 2 Lakhs |
Rs. 3.55 Lakhs |
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.
Colleges | Fees |
---|---|
Rs. 4.99 Lakhs | |
Delhi Pharmaceutical Sciences and Research University, New Delhi | Rs. 2.20 Lakhs |
Rs. 2.10 Lakhs | |
NIPER Mohali | Rs. 3.91 Lakhs |
NIPER Ahmedabad | Rs. 4.99 Lakhs |
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.
Interpersonal Skills, Time Management, Organisational Skills, Communication Skills, Problem Solving Skills, Leadership Skills, Decision Making Skills are some of the skills required for an MBA in Pharmaceutical Management.
Some of the top colleges which offer MBA in Pharmaceutical Management degrees are PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University, School of Business Management SVKM's Narsee Monjee Institute of Management Studies, Mumbai, School of Management, Dr. DY Patil University, Navi Mumbai, Jamia Hamdard, New Delhi, Delhi Institute of Pharmaceutical Sciences and Research, New Delhi, IIHMR University, Jaipur, Faculty of Pharmacy MS Ramaiah University of Applied Sciences, Bangalore, National Institute of Pharmaceutical Education and Research SAS Nagar, NIPER Hyderabad - National Institute of Pharmaceutical Education and Research, Centre for Management Studies and Research Ganpat University, Mehsana.
There are various career options after an MBA in Pharmaceutical Management. Some of the careers are Digital Marketing Executive, Social Media Manager, Advertising Manager, Brand Manager, Market Research Analyst.
Ranbaxy Laboratories, Dabur India Ltd., GlaxoSmithKline, Abbott Laboratories, Laurus Laboratories Ltd, Regeneron Pharmaceuticals, Bayer, Biocon, Pfizer, Novartis, Cadila Healthcare Limited, Allergan, Inc., Genzyme, USV Private Limited, Sun Pharmaceutical Industries Ltd. are some of the leading organisations that hire MBA in Pharmaceutical Management graduates.
Students who have completed an MBA in Pharmaceutical Management degree can apply for a Ph.D. in Pharmaceutical Management.
MBA fees in India vary widely, ranging from INR 20,000 to 40 lakh for a two-year full-time program.The fees depend on several factors, including:
- Infrastructure: Institutions with state-of-the-art facilities charge higher fees.
- Hostel facilities: Colleges offering accommodation options may include these costs in the overall fee.
- Extra-curricular activities: Institutions with a wide range of extracurricular activities may charge more.
- Pedagogy: Colleges using innovative teaching methods or offering specializations may have higher fees.
- International exposure: Institutions offering international immersion programs or foreign university collaborations may charge more.
Here are some examples of MBA fees in India:
- IIMs: INR 15 lakh to 27 lakh
- Top private colleges: INR 10 lakh to 25 lakh
- Government colleges: INR 2 lakh to 10 lakh
Keep in mind that these are general estimates, and fees may vary depending on the institution and location.
Don't worry, let's break it down. Since you've passed both the theory exam (with a D grade) and the assignment (with a C grade) in MMPC 004, you shouldn't need to reappear for the exam.However, the "not completed" status might indicate that there's an issue with your grade or evaluation.
Here are some steps you can take:
- Verify your grades: Double-check your grades for both the theory exam and assignment to ensure they're accurate.
- Contact IGNOU support: Reach out to IGNOU's support team or your study center to inquire about the "not completed" status. They can help you resolve the issue.
- Check the evaluation criteria: Familiarize yourself with IGNOU's evaluation criteria for MMPC 004 to ensure you've met all the requirements.
Remember to stay calm and patient while resolving this issue. Good luck!
With a waitlist position of 125 for MBA IDM at SCMHRD, your chances depend on waitlist movement.
Past trends: Some years saw no movement, while others had up to 200 spots cleared.
Final selection: Depends on accepted offers and withdrawals.
For updates, check with SCMHRD admissions or refer to past trends.
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With your
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