And, interestingly, one need not be a doctor to pursue MBA in Pharmaceutical Management.An MBA in Pharmaceutical Management prepares students for a number of careers including healthcare, drugs, food, and pharmaceutical sales. MBA in Pharmaceutical Industry Management. The average salary package offered to the graduates is Rs.5,28,000 whereas the highest package offered was Rs.11,58,000 p.a. You can now choose to earn a STEM degree with any of our MBA concentrations. In recent years, the pharmaceuticals industry has paid close attention to the ethics of its practices. The course opens … Keep checking this page for more details. While numerous community drug stores and labs serve people in general amid the standard business hours and marginally later (9 a.m. to 9 p.m.), some are open even later. MBA Consulting - Business of Healthcare . Students must select 6 of the 7 courses below needed for the concentration. MBA in Pharmaceutical Management College in India updated Fees, Admission 2021, Cut-off Rankings, Placements - Top 20 MBA/PGDM Pharmaceutical Management Colleges in India with average course fee is Rs. Stop guessing. This course is of 2 years duration. This course is designed to make students Industry-Ready, in terms of knowledge, expertise and attitudes. it will help you to take the helm of the management sector in the pharmaceutical industry and govern it. We believe that you will find it outstanding and informative. The program intends to enable the students to learn out about proper tactics for productive planning, execution, and assessment of various policies in pharma segment. The Indian pharmaceutical industry expanded at a CAGR of 17.46% amid 2005-16. Jobs, Scope, Salary and Placements Updated on - Sep 05th, 2020 | 10:24 AM by Sakshi Mehra The Job scopes for the graduates of MBA Pharmaceutical Management are very much in abundance owing to the greater demand in pharmaceutical management and an increase in the number of Pharmaceutics and medicine manufacturers in India. Overview of the program. 506250 and entrance exam cut offs The drug inspectors work to guarantee that items are secure for human utilization. Students need to appear in the Entrance Examination conducted by the college, followed by GD and PI. It basically combines the study of pharmaceutical sciences with business management strategies. Professionals with 5-years or more of experience can somewhere expect a salary package of Rs.8.4 lakhs p.a. Students must have at least 50% marks in graduation. According to US News, the starting salary for a 2020 MBA in the US may be more than $20,000 higher than for someone with a bachelor’s degree in business. Check the college admission criteria, courses, cut-off, fees, placement, ranking, reviews, articles and news. Thoug, the admission process for colleges varies, candidates need to be at least graduate from a recognized university and have a descent score in national/state management entrance tests (CAT/MAT/CMAT/NMAT/GMAT). He is in-charge of administering solutions by following standard functioning systems for accepting, filling, dispensing, logging, and keeping up the loss check controls. approved Universities. The average salary package offered to the graduates is Rs.3,00,000 p.a. The management graduates in pharma-industry specialize in this field are offered the job roles where they generally work in the labs, hospitals, and offices dealing with production and marketing strategies. Professionals who obtain their MBA in pharmaceuticals might be expected to work in an advisory role within a company. 90% had received at least one promotion, or had changed jobs for a higher one, since graduation 4. The Rutgers MBA in Pharmaceutical Management was designed with substantial industry input. Here are a few other career prospects in pharmacy management: In India, the average pay scale offered to MBA graduates in Pharma industry varies from Rs.4,50,000 to Rs.7,00,000 per annum, depending on the skills of a person, the college from which the individual graduated and the recruiting organization. Such graduates can seek job profiles that offer roles in Sales, Marketing, Market Research and Analysis, Product Research and Development Support, Product Executive, Corporate Communication, Project Management etc. Washington University in Saint Louis - John M. Olin Business School U.S.A. 66 . According to GMAC, MBA job rates for healthcare and pharmaceuticals are almost on a par with the consulting function. The information regarding the admission criteria, eligibility, fee structure and placements of few colleges is mentioned below: Students need to appear in the entrance examination, NMAT (NMIMS Management Aptitude Test) conducted by GMAC, followed by GD and PI. The average CTC offered by companies in some reputed institutes can reach as high as up to INR 15,00,000 to 20,00,000. There is, of course, big variation depending on where in the US you’re studying and plan to work, and what job role and industry you go into. Forty-four percent of the class of 2019 went into the healthcare or pharma industries, one of the highest rates of any school that FIND MBA surveyed. OTP code sent. Saint Joseph's University - Erivan K. Haub School of Business U.S.A. 59 . For students applying through CAT/XAT/MAT/XMAT/NMAT, the minimum acceptable score is 500/800 or 60 and above percentile. All courses listed are worth 3 credits. Follow wage changes of U.S. workers over time. 93% were in the healthcare and pharmaceutical industries And find employment with pharmaceutical companies, biotechnology companies, consulting firms, healthcare communities, medical device manuf… The work hours rely on the workplace. Enter it below to verify your mobile number. USV Limited. MBAs tend to prepare people for management roles, so anyone looking at entering into this field should look for those positions best suited to their education. Students can apply either through the CAT/XAT/MAT/XMAT/NMAT scores or through the Chitkara University Test, followed by GD and PI. Welcome to CCU new leading MBA Program. Stay up to date on the latest compensation trends. We will soon answer your question. MBA in Pharmaceutical Management the perfect career option for you would be an MBA in Pharma Marketing. Master of Business Administration (MBA), Pharmaceutical Management. Apply to Development Intern, Business Development Manager, Oracle Consultant and more! well the salary depends on the curriculum and course structure. A quality assurance manager is responsible for performing an examination of production and quality control. Master of Public Health / MBA. The unavoidable trends of globalization and progression are quickly entering into the industry. The candidates who have a graduation degree with at least 50% marks in aggregate from an authorized university in Biotechnology/ Biology/ Botany/ Chemistry/ Microbiology/ Zoology/ Biochemistry/ Physics/ Agriculture/ Medical Sciences/ Pharmacy/ Applied Sciences/ Ayurveda/ Veterinary Sciences/ B.Sc./ MBBS/ BDS/ BAMS/ BHMS/ Management etc. Top colleges offering MBA in Pharma Management–. Formulation Pharmaceutical Technology Scientist, Directorate of Industries and Commerce, Nagaland, Clinical Research and Business Development, Pharmaceutical Policy, Laws & Regulatory Management, Pharma Sales and Market Research & Management, National and International Environment for Pharmaceutical Industry, Regulatory Environment for Pharma Business, Data Management and Analysis Market Research, Pharmaceutical International Business Management. Project Manager, (Unspecified Type / General). The formula for a winning company culture. 1,037 MBA Pharmaceutical jobs available on Indeed.com. US News - [2] QS - [2] Financial Express - [1] THE - [1] Select State Uttar Pradesh (9) Delhi NCR (6) Maharashtra (6) Rajasthan (5) Punjab (4) Orissa (3) Sort By; Popularity ; Reviews Rating ; Fees ; 1 2 Collegedunia Rating 7.9/10 . MBA in Pharmaceutical Management is a 2-years postgraduate degree course. Students are taught various topics of pharma management included under the following subjects: There are many institutes in India that offer the 2-years MBA degree in Pharmaceutical Management. According to data from MBA.com, mid-level positions in the pharma industry for MBA alumni have an impressive median salary of US$105,000, increasing to US$195,000 for c-suite positions. They also interview every candidate for an industry scholarship, play a key role in organizing monthly industry seminars, and serve as valuable ambassadors for their companies. In IIHMR University the average package is of 6 lakh and highest is of around 12 lakh PA. 4.5K views View 2 Upvoters Pharmaceutical and Healthcare Marketing MBA for Executives. Students who wish to the pharmaceutical industry on a managerial level; MBA in Pharmaceutical Management is one of the best options to start with. Genzyme. are preferred to get enrolled in this course. As competition for professional advancement intensifies, understanding the latest techniques in management, innovative marketing strategies and effective methods for corporate growth are a necessity. MBA in Pharma is a one of the many popular specialisation degrees in the field of Management. Delhi Pharmaceutical Science and Research University, Indian Institute of Health Management Research (IIHMR), Jaipur, School of Business Management, NMIMS University, Mumbai, Post Graduate Diploma in Finance management (PGDFM), Graduation with at least 50% and clearance of national level management test like CAT/MAT/CMAT/NMAT/DYPCET, Communication skills, creative, management skills, stress management, confidence, Abbott Laboratories, Laurus Laboratories Ltd, Regeneron Pharmaceuticals, Bayer, Biocon, Pfizer, Novartis, Zydus Cadila, Allergan. Students must have at least 50% marks in their graduation. Pharmaceutical senior management roles are challenging and multi-faceted positions that require professionals to tackle high level strategy related to sales, regulatory issues, ethical questions and many other areas. The program provides in depth knowledge in pharma industry, management of pharma business, supply chain management and pharma sales.The objective of MBA Pharmaceuticals Management course is to develop students, over the period of two Years, by rigorous field work and academics, for managerial positions in the Pharmaceutical Industry. Our curriculum covers the core business topics you would expect from a world-class MBA program—along with an added component specific to pharmaceutical and healthcare business.. Coursework includes: Accounting and finance; Marketing and sales “The MBA allowed me to get in easily and I think it continues to give me more opportunities to progress,” says Carla, who has risen through the … The benefits and outcomes of a specialized MBA add up. Many universities and colleges offer diploma, UG and PG c… Students must have at least 50% marks in graduation. According to a survey of our MBA graduates: 1. Furthermore, the program seeks for grooming the aspired managers with essential abilities in planning and working administration methods; diagnosing and tackling the administration issues; and acquiring consultancy aptitudes, with a view to developing them up to oversee pharmaceutical modern units. Students must have at least 50% aggregate marks in their graduation. The experts likewise promote, taking advanced positions as consumer safety officers who usually are in-charge of enacting the security methodology and outlining examination systems for pharmaceutical items. MBA alumni in the pharmaceutical industry enjoy high salaries. Get distance MBA in Pharmaceutical Management from Govt. We strongly encourage you to contact us for any more information about this worldwide leading program in PIM. Eligibility. With enormous growing aspects, MBA in Pharmaceutical Management offers a promising career to the aspirants in the near future. How the salary history question affects pay equity. The average salary package offered to the graduates is Rs.4,50,000 whereas the highest package offered was Rs.6,50,000 p.a. Compare course and fee. This course is combination of the study of basics of Pharma and Healthcare with Management and Marketing. Salary and career advice to put you a step ahead. The pharma sector is relied upon to produce 58,000 extra job openings by the year 2025. to Rs.6,00,000 p.a. The graduates specialized in this field can go for: An MBA in pharmaceutical administration sets you up for leadership roles and creates administrative abilities in various sectors. Do you know what people like you are earning? 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