MBA in Pharmaceutical Management- Future Prospects and Colleges
Master of Business Administration in Pharmaceutical Management is a two year course that provides managerial skills required in Pharmaceutical Industry. Those who have completed this course can work in various job profiles such as Clinical research, project management in firms such as Dabur Research Foundation and Sun Pharmaceutical Industries Ltd. National Institute of Pharmaceutical Education and Research, Narsee Monjee Institute of Management Studies and Indian Institute of Pharmaceutical Marketing are the leading institutes that offer this course.
Overview of MBA in Pharmaceutical Management
Candidates who have completed full time bachelor’s degree in any of the subjects such as Pharmacy, Science, Life Sciences, BDS, BHMS, MBBS, and BAMS are eligible to apply for this course. In addition to this those who have completed graduation or post graduation in Biotechnology from a recognized university can also apply. Candidates who have completed Masters program in Economics, Psychology and Sociology are eligible to apply. Candidates are required to secure a minimum of 50% marks in aggregate in qualifying examination.
Duration of the course is 2 years. The course structure is designed to develop students through field work and class room studies for managerial positions in Pharma Industry. The course curriculum covers topics such as Finance, Pharmaceutical Management, Marketing Management, CSR in Pharma and Strategic Management.
Future Prospects of MBA in Pharmaceutical Management
Candidates who have completed Master of Business Administration in Pharmaceutical Management can seek employment in various drug companies. They can work in medicine retail sector. The career option is wide and they can work in marketing department as well as quality assurance divisions of pharmaceutical firms. Those who have gained professional experience can seek employment in clinical research. Some of the reputed firms that recruit MBA holders in Pharmaceutical Management are listed below.
- Dr. Reddy’s Laboratories Ltd
- Palsons Drugs & Chemicals Industries
- Ranbaxy Labs Ltd
- Dabur Research Foundation
- Sun Pharmaceutical Industries Ltd.
In addition to these, candidates can seek job opportunities in Central as well as State government organizations. Some major recruiters in public sector are mentioned below.
- Health Protection Branch of the Department of Health and Welfare,
- Pest Control Division of Agriculture
- Department of National Defense
- Provincial Research Councils,
- Provincial Departments of Agriculture
Colleges offering MBA in Pharmaceutical Management
- National Institute of Pharmaceutical Education and Research, (NIPER)
- Manipal College of Pharmaceutical Sciences
- Bombay College of Pharmacy
- J S S College of Pharmacy
- Institute of Pharmaceutical and Healthcare Management, Kolkata
- University Institute of Pharmaceutical Sciences (Punjab University)
- Narsee Monjee Institute of Management Studies (NMIMS)
- Jamia Hamdard University New Delhi
- Indian Institute of Health Management Research (IIHMR), Jaipur
- Maharshi Dayanand University
- Indian Institute of Pharmaceutical Marketing, Lucknow
- SIES College of Management Studies, Mumbai
- IIMR Pharma Business School, Delhi
Admission to the course is based on the marks obtained in national level entrance exams such as Gujarat University Common Entrance Test for Pharmacy, GPAT and NIPER Joint Entrance Examination.
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