MBA Pharmaceutical Management Course, Eligibility, Career Options After Pharmaceutical Management, salary

MBA in Pharmaceutical Management

MBA Pharmaceutical Management Course, Pharmaceutical Management Eligibility, Career Options After Pharmaceutical Management, Employment Area, Top Recruiting Companies, Pharmaceutical Management Salary

  • Job Pressure Medium
  • Academic Pressure Medium
  • Early Salary 2.5 LPA - 3.5 LPA
  • Mid Level Salary4.5 LPA - 5.5 LPA
  • Senior Salary 8.5 LPA - 10 LPA

MBA in Pharmaceutical Management Highlights

Duration 2 Years
Course Level Postgraduate
Examination Type Semester System
Eligibility Graduation from a recognized university with a minimum aggregate score of 50%(45% for SC/ST candidates).
Admission Process Entranced/ Merit based
Top Entrance Exams CAT, CMAT, NMAT, SNAP, XAT, etc
Course Fee INR 1 Lakh to 10 Lakhs per year
Average Starting Salary INR 3 to 10 Lakhs
Top Recruiting Companies Ranbaxy Laboratories, Dabur India Ltd., Central WareHousing Corp., Infosys, Cipla, Abbott India, Lupin, Sun Pharma, Dr Reddy’s lab, Piramal etc.
Top Job Profiles Pharmaceuticals Distributors, Pharmaceutical Purchase Manager, Formulation Pharmaceutical Technology Scientist, Sales Managers, Consultant and project manager, Market researcher and analyst etc.

About MBA in Pharmaceutical Management

MBA stands for Master in Business Administration and is a professional Degree which sets the ground for candidates to take vital choices in the Business world. The duration of this expert qualification is usually two years.

Now after knowing what an MBA is let's discuss what Pharmacy is. It is the science that deals with the preparation, dispensing and reviewing of the Medicinal Drugs. Pharmacists are professionals concerned with the quality of the Medicines provided to the patients.

What is Pharmaceutical Management?

In simple words, the advanced study of Pharmaceutical science and technology along with multiple strategies of marketing Business is Pharmaceutical Management. Pharmaceutical Industry is one of the largest markets in terms of volume and provides a career to many aspiring candidates. Pharmaceutical Management is one of the quickest developing and pleasant areas of Management Fields which has a brilliant tomorrow to it.

MBA in Pharmaceutical Management

It is an integrated programme related to the Pharmaceutical Sector. Advanced classroom speeches, extended fieldwork, club projects and much more prepares a candidate well enough to become expert Pharmaceutical Managers. An MBA in Pharmaceutical Management develops learners for a number of professions including healthcare, drugs, diet, and pharmaceutical sales.

Eligibility Criteria

Following are the basic eligibility for MBA in Pharmaceutical Management :

  • A Bachelor's Degree is a must in any stream from any recognised board. But a candidate from a science background is more preferred than one from a non-science background.
  • A minimum aggregate of 50% in the Bachelor's degree is essential. The minimum percentile also depends on the university to university.

After fulfilling the basic eligibility, one needs to complete the admission criteria in order to take admission in one of the following institutes.

One needs to write the entrance exam, it can be both at the State or National level. Popular entrance exams like CAT, MAT, GMAT, NMAT are recognised Nation-wide and also hold important values while choosing the right college.

MBA in Pharmaceutical Management Syllabus

Semester 1Semester 2
Managerial Economics Cost and Management Accounting
Quantitative Techniques in Management Business Environment
Managerial Accounting Marketing Management
Managerial Communication Financial Management
Organizational Behavior Production and operations management
Principles of management Human resource management
Computer application in Management Business research methodology
Communicative English: Laboratory 1 Communicative English: Laboratory 2
Semester 3Semester 4
Strategic management Entrepreneurship and management of innovations
Pharmaceutical management information system Management control system
Anatomy Corporate governance and business ethics
physiology and Pharmacology Pharmaceutical advance human resource management
Legal aspects of Pharmaceutical business Pharmaceutical management research project
Pharmaceutical multinational management Practical Work: Personality growth Lab 2
Personality growth Lab 1 -

Top Colleges in India for Pharmaceutical Management

Indian Institute of Health Management Research ( IIHMR ), Jaipur

Approved by the All India Council of Technical Education, it was founded in October 1984 beneath the Societies Registration Act 1958. The chief goal of this institution is to provide quality training and develop professionals for the Health sector. IIHMR offers a 2-year Postgraduate programme in Health Management, Hospital Management, and Healthcare Information technology.

Jamia Hamdard

Located in New Delhi, Jamia Hamdard is considered as a platform that offers higher learning in Unani Medicine, Biosciences, Pharmacy, Nursing and other areas of expertise. In 1972, Hamdard College of Pharmacy was set up with the objective of providing education and training in all branches of pharmacy. The Institution was inaugurated by Prime Minister Late Shri Rajiv Gandhi who served as the 6th Prime Minister at that time.

National Institute of Pharmaceutical Education and Research

Recognized as a division of the Ministry of Chemicals and Fertilizers, this Institute provides Masters and Doctoral degrees in Pharmaceutical Science. NIPMER Ahmedabad was initiated with three specializations Biotechnology, Natural Products, and Pharmaceutics.

DY Patil University, Mumbai ( Pune )

Established in the year 2002, DY PATIL UNIVERSITY offers UG, PG and Diploma programmes in the field of Management, Health, Engineering, etc. The admission process can be done both online and offline.

"The pharmaceutical sector is one of the well-known professional career selections in the nation”. Let's discuss the various job positions one can hold after completing MBA in Pharmaceutical Management :

Type of Jobs After MBA in Pharmaceutical Management

Sales Manager :-A Sales Manager is responsible for handling and managing the Sales department of an organisation. Setting goals, analysing data, building a sales plan, assigning sales training are few of the duties of the Sales Manager. They are also involved in the hiring process of the company. Their day to day responsibility varies with the size of the organisation.

Pharmaceutical Distributor:- Pharmaceutical Distributor are commonly known as Healthcare Distributors. They are responsible for providing or distributing medicines or drugs to the right patients at the right time. With the help of these distributors, the supply chain of medicines are smooth, efficient and reliable.

Drug Developers :-Scientists and Technicians who are involved with the development of pharmaceuticals are Drug Developers. Drug Developers are basically Chemists, Biologists, Engineers, Pharmacists, etc.

Market Research Analyst :-Market Research Analysts are responsible for studying the market conditions to check possible trades of a commodity or service. They conduct market research and surveys to know the wants and needs of potential consumers in the market. Great math and logical abilities are necessary.

After knowing about the various career options one can follow it's time to calculate the entire expenses of this program. The total costs can start from rupees 30,000 to anywhere up to 5,00,000.

Expected Salary

As a well-reputed course one can expect a handsome salary. The annual salary can range from Rs. 4,50,000 to Rs. 7,00,000. Salary also depends upon the university from which the person graduated, the abilities of the person, etc.

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MBA in Pharmaceutical Management all details in Hindi || MBA Top Colleges, Fees Structure, Salary||

MBA Pharmaceutical Management College in India

College/University Location Avg. Fees Per Year Admission Open
Centurion University of Technology and Management, Bhubaneswar Bhubaneswar 300000 Apply Now
Ganpat University Mehsana 95,000 Apply Now

Latest Application Forms 2022 Sponsored

Alliance University Bangalore
Bennett University, Greater Noida Greater Noida
Arni University, Kangra Kangra
Presidency University Bangalore
Milestones Institute Of Allied Health Sciences Bengaluru
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MBA Pharmaceutical Management Recommended College / University

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Applications for Admissions are open

Alliance University
Bangalore
Bennett University, Greater Noida
Greater Noida
Arni University, Kangra
Kangra
Presidency University
Bangalore
Milestones Institute Of Allied Health Sciences
Bengaluru
RV University
Bangalore
Desh Bhagat University
Fatehgarh Sahib
Woxsen University
Hyderabad
Guru Kashi University
Bathinda
St. Francis De Sales College
Bangalore
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