Donkiz

Share your Business Idea

Now Trending: MBA in Pharmaceutical Management

Now Trending: MBA in Pharmaceutical Management
Earning a Master of Business Administration (MBA) degree is challenging and costly too. MBA is a prestigious degree that offers students competitive advantages over their counterparts who have less advanced degrees. With evolving needs of different industries, many B-schools have come up with MBA specilisations that cater to the requirements of these industries. Have you ever thought that pharmaceutical industry would require managers to run their business? The pharmaceutical sector has become a professional and more systemised industry. Many big players have entered the sector to earn huge profits. Scientists and medical professionals create drugs and medicines, but the industry needs experts who can sell and manage these products to end consumers. That’s why business schools in India offer MBA in pharmaceutical management to enable students better understand the managerial aspect of pharmaceuticals.

Pharmaceutical Management is a specialised programme in MBA that integrates business management strategies with science and technology. It has become the top choice among students with medical, pharmaceutical or biotechnology background. The MBA in Pharmaceutical Management course transforms graduates into well skilled managers in the field of:

•    Marketing Research: New product launches and analysing company performance based on available data
•    Project Management: Pharmaceutical project management involves clinical trial management, regulatory compliance and sales & marketing projects.
•    Business Development: It involves client acquisition, lead generation and developing sales portfolio.
•    Marketing Analytics: Marketing analytics involves making decisions with respect to sales forecasting, product performance and product portfolio management.

B-schools offering MBA in Pharmaceutical Management
There are various colleges offering Pharmaceutical course in MBA including:

•    National Institute of Pharmaceutical Education and Research (NIPER), Mohali
•    Narsee Monjee Institute of Management Studies (NMIMS), Mumbai    
•    SIES college of Management Studies, Mumbai
•    Indian Institute of Pharmaceutical Marketing (IIPM), Lucknow
•    D.Y. Patil Institute of Management, Mumbai
•    Jamia Hamdard, New Delhi
•    IIHMR, Jaipur

How to enter B-schools that offer MBA specialisation in Pharmaceutical Management?


•    Candidate should have B.Pharm degree or have done B.Tech in Chemical Engineering or equivalent M.Sc in Chemical/Life Sciences.
•    Candidate should be able to clear any one of following MBA entrance exams such as CAT, XAT for XLRI Jamshedpur, NMAT 2015 for NMIMS, MAT, NIPER Joint Entrance Examination and Maharashtra MBA Common Entrance Test for Maharashtra MBA colleges, etc.

MBA degree holders in Pharmaceutical Management are offered following job opportunities:

•    General Manager
•    Deputy General Manager
•    Regional Manager
•    Consultant

The Indian pharmaceutical market has revenue in billion dollars per annum. This statistic is sufficient to reveal the fact that opportunities for candidates with MBA degree in Pharmaceutical Management are endless and career is bright!

Leave a Reply

Your email address will not be published. Required fields are marked *