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Description




MBA in Pharmaceutical Management is a 2-year postgraduate course involving an advanced study of Pharmaceutical science and technology with various marketing and business strategies. The minimum eligibility for the course is graduation or equivalent qualification completed from a recognised university with a minimum aggregate score of 50% (45% for SC/ST candidates).

Master of Business Administration in MaharashtraMaster of Business Administration in Uttar PradeshMaster of Business Administration in RajasthanMaster of Business Administration in Delhi

The course is offered in India at an average fee ranging between INR1 and 5 Lacs. The average annual salary offered to successful postgraduates of the course in India ranges between INR 2.5 and 4 lacs, depending on the college and the recruiting organization.

Top Colleges for Master of Business Administration [MBA] (Pharmaceutical Management)

  • Master of Business Administration [MBA] (Pharmaceutical Management) in Uttar Pradesh
  • MBA/PGDM in Delhi-NCR
  • MBA/PGDM in Maharashtra
  • MBA/PGDM in Chennai
  • MBA/PGDM in Uttar Pradesh
  • MBA/PGDM in Telangana

MBA in Pharmaceutical Management: Course Highlights

The basic course highlights for MBA in Pharmaceutical Management are tabulated below.

Course level Postgraduate
Duration 2 Years
Examination TypeSemester System
EligibilityGraduation from a recognized university with a minimum aggregate score of 50% (45% for SC/ST candidates)
Admission ProcessCounselling after qualification of entrance test/ direct admission/ cut-off based.
Course FeeINR 2 to 8 lacs
Average Starting SalaryINR 2.5 to 4 lacs
Top Recruiting CompaniesInfosys, Sun Pharma, Piramal, Ranbaxy, HCL, Dabur India Ltd., and such.

MBA in Pharmaceutical Management: Course Objectives

The course principally aims to:

  • produce skilled professionals in the Pharmaceutical industry for managerial and related positions.

  • build research and analytical skills in eligible candidates
  • build skills in business development, consultancy, sales and marketing, and planning and operation management.

MBA in Pharmaceutical Management: What is it About?

This course involves an integrated study of health and chemical sciences and management & marketing strategies. It academically explores areas of research, analysis, sales, innovation, consultation, distribution and administration in the sector of Pharmaceuticals with the application of various managerial and research skills and business strategies. The major components of study within the course include management, research, communication, pharmaceutical science, accounting, human resource management, aspects of Pharmaceutical business etc. Each semester consists of one or two practical subjects along with theory papers.

Top Institutes offering MBA in Pharmaceutical Management

Listed in the table below are some of the top institutes in the country offering MBA in Pharmaceutical Management, along with their respective locations, eligibility criteria, and the corresponding fees charged by each.

NAME OF INSTITUTESTATEMINIMUM ELIGIBILITYAVERAGE FEES IN INR
IIHMR, Jaipur, New DelhiRajasthan, DelhiBachelor’s degree in any stream with minimum 50% marks (45% for SC/ST) in aggregate3 lacs
Narsee Monjee Institute of Management Studies, Mumbai
MaharashtraBachelor’s degree in any stream with minimum 50% marks (45% for SC/ST) in aggregate5 lacs
Jamia Hamdard University, New DelhiDelhiBachelor’s degree in any stream with minimum 50% marks (45% for SC/ST) in aggregate1.75 lacs
NIPER, Mohali (Punjab)PunjabB.Pharm., B.Tech. (Chemical Engg. or equivalent)/ M.Sc. (Chemical/Life Sciences) with minimum 60% marks in aggregate or CGPA of 6.751 lakh
Mahatma Jyoti Rao Phoole University, JaipurRajasthanB.Pharm. with minimum 50% marks in aggregate60,000

Eligibility for MBA in Pharmaceutical Management

As a minimum criterion of eligibility, aspiring candidates need to meet the following minimum eligibility criteria:

  • Graduation in any stream from a recognised university.
  • A minimum aggregate score of 50% at the level of graduation (45% for SC/ST candidates)
  • Qualification of a relevant national-level entrance examination.
Master of Business Administration in GujaratMaster of Business Administration in Himachal PradeshMaster of Business Administration in Madhya PradeshMaster of Business Administration in Punjab

MBA in Pharmaceutical Management: Admission Process

Admission to the course in India is made on the basis of the candidate’s performance in a relevant State, national, or institute-level written test and/or subsequent rounds of Group Discussion and Personal Interview and/or performance in a relevant qualifying examination.

Through such stages, candidates’ general aptitude for the course is examined and a merit list is announced based upon it. Students still in the final year of graduation are eligible to appear for the entrance exam, but admission to such candidates is made on provisional basis, and is confirmed only once the graduation results are out.

Candidates are shortlisted based on both academic record and performance in a relevant nation-wide screening test, such as:

  • CAT- Common Admission Test
  • MAT- Management Aptitude Test
  • XAT- Xavier Aptitude Test
  • CMAT- Common Management Admission Test
  • SNAP- Symbiosis National Aptitude Test
  • GMAT- Graduate Management Aptitude Test
  • NMAT- Narsee Monjee Management Aptitude Test
  • JEMAT – Joint Entrance Management Aptitude Test JEMAT Exam
  • JMET – Joint Management Entrance Test JMET Entrance
  • IGNOU OPEN MAT- Indira Gandhi National Open University OPEN Management Admission Test
  • ATMA- AIMS Test for Management Admissions
  • IIHMR- Indian Institute of Health Management Research
  • GPAT- Graduate Pharmacy Aptitude Test.

MBA in Pharmaceutical Management: Syllabus and Course Description

The course is divided across 4 semesters, with each semester having both theoretical and practical papers.

 A semester-wise breakup of the course’s syllabus is tabulated below.

Semester 1

Semester 2

Quantitative techniques in ManagementBusiness Environment
Managerial EconomicsCost and Management accounting
Managerial accountingMarketing Management
Managerial CommunicationFinancial Management
Organizational BehaviorProduction and operations management
Principles of managementHuman resource management
Computer application in ManagementBusiness research methodology
Communicative English: Laboratory 1Communicative English: Laboratory 2

Semester 3

Semester 4

Strategic managementEntrepreneurship and management of innovations
Pharmaceutical management information systemManagement control system
Anatomy, physiology and PharmacologyCorporate governance and business ethics
Legal aspects of Pharmaceutical businessPharmaceutical advance human resource management
Pharmaceutical multinational managementPharmaceutical management research project
Personality growth Lab 1Practical Work: Personality growth Lab 2

MBA in Pharmaceutical Management: Internship Options

The course involves a compulsory 8-week internship at the end of the 2nd semester, Students are needed to write internship reports and dissertations, on the basis of which, they are assessed and graded.

MBA in Pharmaceutical Management: Academic Options

Successful postgraduates of the course interested in pursuing higher studies in the discipline may go for advanced courses such as:

  • Doctor of Philosophy in Pharmaceutical Management
  • Doctor of Philosophy in Pharmaceutical Economics
  • Doctor of Philosophy in Pharmacy Management
  • Doctor of Philosophy in Health Systems Pharmacy Management.
  • Fellow Programme in Management (equivalent to Ph.D.) conducted by all the IIMs.
     

MBA in Pharmaceutical Management: Career Prospects

Some of the popular organizations that hire such postgraduates are Dabur India Ltd., Ranbaxy Laboratories, Central Ware Housing Corp., Cipla, Infosys, Abbott India, Dr. Reddy’s lab, Lupin, Sun Pharma, Piramal, etc.

Successful Pharmaceutical Management professionals are hired in capacities such as the following:

  • Sales Managers
  • Market Researcher & Drug Developer
  • Pharmaceuticals Distributors
  • Consultant and project manager
  • Pharmaceutical Purchase Manager
  • Market researcher and analyst
  • Formulation Pharmaceutical Technology Scientist
  • Quality Assurance Manager
  • Business Development Manager

Some of the popular professional avenues open to such professionals are listed below with the corresponding salaries offered for the respective positions.

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