MBA in Pharmaceutical Management Course, Subjects, Exams, Admission, Colleges, Fees, Career

What is an MBA in Pharmaceutical Management?

MBA in pharmaceutical management in India amalgamates the study of pharmaceutical sciences with the study of marketing and management. MBA in Pharmaceutical Management is ideal for those interested in learning the management and business side of the pharmaceutical and healthcare industry in India. Pharmaceutical Management is one of the fastest-growing and rewarding fields of Management Courses which has a bright future to it. Here, in this article, we will discuss MBA in pharmaceutical management colleges in India, MBA in pharmaceutical management fees, MBA in pharmaceutical management jobs, and MBA in pharmaceutical management scope.

MBA in pharmaceutical management in India will help students mature into trained professionals with required skills in planning and operating management techniques determining and solving management problems and acquiring consultancy skills, with a view to preparing themselves to manage pharmaceutical industrial units and their allied sectors. It develops skills in planning & operating management techniques, acquiring consultancy skills, and solving management problems.

Master of Business Administration (MBA) is a well-known postgraduate degree in business administration. A few of the areas of expertise covered in the Master of Business Administration degree programme include Sales and Marketing, Operations Management, Finance, Human Resource Management, Logistics Management, and Business Analytics.

MBA in Pharmaceutical Management Highlights

MBA in Pharmaceutical Management Eligibility

Candidates aiming to take admission in MBA in pharmaceutical management in India must ensure that they fulfil the basic eligibility criteria required. The eligibility criteria for MBA in Pharmaceutical Management are as follows:

• Admission for MBA in Pharmaceutical Management course 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 recognized institution in any relevant discipline.

• Students must have cleared the standard entrance exams with good scores, along with fulfilling the essential criteria.

• There are no age limits for pursuing this course.

• Work experience is not mandatory but is highly preferred.

Popular MBA Colleges in India

Management courses are offered by a variety of educational institutes in India. Entrance is based on previous academic achievements and admission test scores. The following are some of India's best MBA in pharmaceutical management colleges in India:

MBA in Pharmaceutical Management Admission

Students willing to pursue an MBA in pharmaceutical management in India must complete the minimum eligibility requirements to enrol in the college. Several universities provide admissions to students on a first-come, first-served basis. Several colleges accept students into MBA in Pharmaceutical Management programmes based on academic performance or a cut-off score on an entrance exam.

Direct Admission

Candidates need to submit the application to the colleges or universities based on their preference and interest in which they want to get admission. They need to score well and qualify for the minimum percentage in graduation exams for consideration. Students must check the cutoff score and visit the college and submit all the required documents. Candidates can also apply online by visiting the institute's official website, completing the online application form with submitting e-copies of required documents.

Top MBA in Pharmaceutical Management Entrance Examinations

An individual's success on relevant entrance examinations determines admission to various colleges and universities. Here is a list of the best MBA admission examinations in Pharmaceutical Management.

CAT: The Common Admission Test (CAT) is a national admission exam for the 20 IIMs and more than 1,200 business schools in India.

MAT: The Management Aptitude Test (MAT), which is a nationwide admissions exam for MBA/PGDM admissions, is administered by the All India Management Association (AIMA).

GMAT: MBA and other graduate students pass the Graduate Management Admission Test (GMAT), which is administered by the Graduate Management Admission Council (GMAC).

CMAT: The National Testing Agency administers the Common Management Admission Test (CMAT), which is used to enrol candidates in MBA programmes at over 1,000 educational institutions in India (NTA).

XAT: Xavier School of Management (XLRI) administers the XAT (Xavier Aptitude Test), which is a national business entrance exam for MBA admission.

NMAT: The NMAT (National Management Admission Test) is administered by GMAC for MBA admissions at NMIMS University and other major management colleges.

Cutoff of Top Colleges

The merit score for an MBA in Pharmaceutical Management is driven by a number of factors. Those who scored below the cut-off percentage are admitted to the institutions. The MBA in Pharmaceutical Management cutoff, which varies by institution, is determined by the number of applicants and their entrance exam scores.

MBA in Pharmaceutical Management Skills Required

There are three aspects focused on general MBA programs that are like the development of leadership skills through learning organisational behaviour, communications, and teamwork. Considering the specialisation of Pharmaceutical Management, these subjects and skills are imparted at the basic level as core courses. Every Industry requires a specific set of skills. In this chosen field, both hard skills and soft skills play a vital role, and the ability to handle criticism, and being unbiased will help you prosper in your desired career. Some of those MBA in Pharmaceutical Management Skills are mentioned below:

MBA in Pharmaceutical Management Subject/Syllabus

An MBA in Pharmaceutical Management offers a unique academic curriculum depending on the school. In the following table, we have discussed the MBA in pharmaceutical management syllabus offered by Ganpat University.

Browse Top MBA Colleges Accepting CAT Score: Location-Wise

MBA in Pharmaceutical Management Fees Structure

The college administration sets the majority of the MBA in Pharmaceutical Management tuition. The MBA in pharmaceutical management fees varies per college. The average MBA in pharmaceutical management fees charged by colleges or universities in India lies anywhere between Rs. 80,000 and Rs. 10,00,000 per year. The MBA in pharmaceutical management fees varies as per the type of institution.

Scope of MBA in Pharmaceutical Management

Over the past years, MBA in Pharmaceutical Management has become immensely popular among students. The course offers diverse career opportunities. This further affirms the immense popularity of the course among students. MBA in Pharmaceutical Management graduates are hired in various organisations like Ranbaxy Laboratories, Dabur India Ltd., Infosys, Cipla, Abbott India, Lupin, Sun Pharma, Dr Reddy’s lab, Piramal.

Students can also pursue a PhD in Pharmaceutical Management as well as in Biochemistry or Chemistry, 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. Graduates with an MBA in Pharmaceutical Management can find work in both government and private-sector organisations. A master's degree in pharmaceutical management can lead to a wide range of career options. 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 in order 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 in order to assist companies in achieving product specifications based on current market trends, expanding their reach through advertising, and marketing their products and services.

List of Top Companies

Benefits of studying MBA in 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. Students will learn business operations, advanced marketing principles, and professional pharmaceutical management as part of the MBA in Pharmaceutical Management curriculum. An MBA in Pharmaceutical Management will prepare you for a career in the pharmaceutical business as a manager. It improves the ability to plan and execute appropriate technologies, as well as acquire consulting skills and solve management challenges.

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Expected salary after MBA in Pharmaceutical Management

The average income a graduate receives after completing his MBA in Pharmaceutical Management is determined by a variety of criteria, including the company's policy, the individual's talents, the graduate's knowledge, and competence. The job scopes for the graduates of this course are generally higher owing to a significant boom in the pharmaceutical domains daily. The average MBA in pharmaceutical management salary in India package ranges from Rs. 2 to 7 LPA.

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. In the table below, we have compiled a list of some of India's best MBA in pharmaceutical management colleges in India.

List of Top 10 MBA colleges in India offering Pharmaceutical Management specialisation

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. The following table lists some of the best MBA in Pharmaceutical Management colleges in India.

Top Private MBA in Pharmaceutical Management in India

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. Here we have created a list of some of top private MBA in pharmaceutical management colleges in India.

Top Government MBA in Pharmaceutical Management colleges in India

Government educational institutes in India, which are among the best in the world, provide an MBA in Pharmaceutical Management. The table below lists some of the best government MBA in pharmaceutical management colleges in India.

MBA in Pharmaceutical Management colleges in India Colleges in the Popular States

The MBA in Pharmaceutical Management is available from a range of public and private education institutions. The fee depends on the nature and location of the MBA in pharmaceutical management colleges in India. We have listed a few MBA in Pharmaceutical Management programmes in prominent states in India in the table below.

Browse Popular MBA Colleges By Cities

Browse Popular MBA Colleges By States