Management
Information Technology
Commerce
Arts & Humanities
MBA in Pharmaceutical Management: Course Details and Career Prospects
Updated: 20 December 2024, 6:06 pm IST
An MBA or Master of Business Administration in Pharmaceutical Management is a two-year postgraduate degree program. These programs are designed to provide students with the knowledge and skills needed to thrive in management roles in the pharmaceutical industry.
In this article, we will discuss all that an aspiring student wants to know about MBA in Pharmaceutical Management programs in terms of the course curriculum. We will also provide them with a clear scope of the careers they can expect after graduating from the program in terms of scope, salaries, job profiles, and top recruiters.
Get Complete Details From Expert
MBA in Pharmaceutical Management Syllabus
The two-year program is divided into four semesters and the most prominent subjects in the syllabus for the same are enumerated as below:
Semester 1
- Pharma Sector and Management
- Pharmaceutical Marketing Management
- Operations Management
Semester 2
- Business Research Methods
- OB or Organizational Behavior and HRM or Human Resource Management
- Financial Management
Semester 3
- Strategic Management
- Pharmaceutical Brand Management
- International Business
Semester 4
- Scouting and Nurturing Innovations
- Contemporary Issues in Pharmaceutical Management
- Major Proj
Read this blog also:- Discover inspiring MBA case studies
Scope of MBA in Pharmaceutical Management
You will already be aware of the massive scope of pharmacy in India as a student. You can enhance this further when you study an MBA program in the domain of pharmaceutical management. Studying in such a program opens up a world of opportunities for you in industries such as pharmaceutical, healthcare, and biotech industries. As a graduate, studying in the program equips you with both industry-specific knowledge as well as the general principles that apply in the business world. After graduating from the program you can take up different roles such as regulatory affairs and production management to supply chain management and business development in said industries.
Having such certification also helps you get a good MBA pharmaceutical management salary. This way, you also get opportunities to work with the top healthcare and pharmaceutical companies, regulating bodies, and consulting firms. The pharmaceutical industry is always evolving which implies that there is always a high demand for skilled professionals over there and this is what makes it such a promising career path as well.
Top Job roles and Salaries - MBA in Pharmaceutical Management Program
The average MBA in Pharmaceutical Management salary in India ranges from ₹6 to ₹12 lakhs per annum, depending on the candidate's experience and the organization. The following table provides you with a glimpse of the leading MBA pharmaceutical management jobs along with the MBA in pharmacy salary and the job descriptions in those roles.
Top Recruiters of MBAs in Pharmaceutical Management
Following companies are the leading recruiters of MBAs in Pharmaceutical Management:
- Infosys
- Sun Pharma
- Piramal
- Ranbaxy Laboratories
- HCL (Hindustan Computers Limited)
- Dabur India Ltd
- Accenture
- Nestle
- Zydus
- Cognizant
- Cipla
- Dr. Reddy’s Lab
Take the next step in your career ?
Conclusion
It is expected that the pharmaceutical sector has a bright future ahead of it with high growth potential which can also see an increase of 10% in the number of jobs being offered in the sector – both in India and internationally – in 2025.
You can explore the online MBA courses too which offer a two-year postgraduate program which will prepare you well for strategic and leadership roles in the industry.
Check Out Our Top Online Programs
Author
Similar Blogs
What is an MBA in the Medical Field? Career Scope and Opportunities
MBA Case Studies: Examples and Learnings for Management Aspirants
How to Become a Successful Marketing Manager in India
Tags : Latest
Explore similar programmes
frequently asked questions
What is an MBA in Pharmaceutical Management?
An MBA in Pharmaceutical Management is a two-year degree program that is supposed to equip aspiring professionals with the necessary knowledge and skills to do well in the industry.
What are the eligibility criteria for pursuing an MBA in Pharmaceutical Management?
To take up an MBA in Pharmaceutical Management program you must have a Bachelor’s degree from a recognized institution with the most preferred backgrounds being life sciences, healthcare, pharmacy, and business, to name a few. It is also better in these cases to have some prior work experience.
What is the duration of the MBA in Pharmaceutical Management course?
An MBA in Pharmaceutical Management program usually lasts two years.
What are the key subjects covered in an MBA in Pharmaceutical Management?
Following are some of the most important subjects covered in an MBA in Pharmaceutical Management program:
- Pharma Sector and Management
- Pharmaceutical Marketing Management
- Operations Management
- Business Research Methods
What skills will I acquire during the MBA in Pharmaceutical Management?
Following are the skills that you acquire in an MBA in Pharmaceutical Management program:
- strategic thinking
- leadership
- decision-making
- project management
- communication
- analytical skills
What are the career prospects after completing an MBA in Pharmaceutical Management?
After completing an MBA in Pharmaceutical Management program you can land some great jobs such as Product Manager, Medical Affairs Manager, and Pharmaceutical Marketing Manager.
What industries can I work in after completing an MBA in Pharmaceutical Management?
Having an MBA in Pharmaceutical Management helps you find work in various industries with the most prominent of them being pharmaceutical and healthcare industries. You also get work in IT (information technology) and human resource development.