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. The course opens … I can help you find out what you should be paid. MBA in Pharmaceutical Industry Management. The following are few of the common job roles played by MBA’s in Pharma Management: He is responsible for fetching the information on clients, contenders and commercial center and organizing the data into noteworthy reports and presentations. Do you know what people like you are earning? The average salary package offered to the graduates is Rs.3,00,000 p.a. 93% were in the healthcare and pharmaceutical industries And find employment with pharmaceutical companies, biotechnology companies, consulting firms, healthcare communities, medical device manuf… 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. Professionals with 5-years or more of experience can somewhere expect a salary package of Rs.8.4 lakhs p.a. If you want to go with a career in Pharmaceutical Management than pursuing courses in this field will be the first step towards entry in the pharmaceutical industry. This course is designed to make students Industry-Ready, in terms of knowledge, expertise and attitudes. This concentration is comprised of 6 courses (18 credits). 87% had a job within 6 months 2. MBA in Pharmaceutical Management is a 2-years postgraduate degree course. We will soon answer your question. Compare course and fee. Master of Public Health / MBA. Fresh market data paired with robust analytics. It also entitles them to learn about the implementation of subjective and quantitative logical aid. Some of the significant employers from the worldwide pharmaceutical organizations are: MBA in Pharmaceutical Management offers various career options. This course is combination of the study of basics of Pharma and Healthcare with Management and Marketing. 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. 90% had received at least one promotion, or had changed jobs for a higher one, since graduation 4. Eligibility. The market is relied upon to develop to US$ 55 billion by 2020 at a CAGR of 15.92 %, accordingly rising as the 6th biggest pharmaceutical market universally. Students can apply either through the CAT/XAT/MAT/XMAT/NMAT/ MAHCET scores or through DYPCET (D Y Patil Common Entrance Test), followed by GD and PI. whereas the highest package offered was Rs.10,00,000 p.a. Students must have at least 50% marks in graduation. Stop guessing. Find the list of top 61 Pharmaceutical Management colleges in India based on 2021 ranking with fees. Students must have at least 50% aggregate marks in their graduation. 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. Degrees in the same industry as Master of Business Administration (MBA), Pharmaceutical Management, ranked by salary Graduate Certificate, Family Nurse Practitioner (FNP) Studies Avg. Students must have at least 50% marks in their graduation. MBA in Pharma is meant for those candidates who are interested in increasing their knowledge in various Pharmacy practical fields/areas. OTP code sent. India is the biggest supplier of generic medications worldwide with the Indian generics representing 20 % of worldwide exports as far as volume. It is a well-rounded course that will open up a student’s mind to various career options and avenues in the Pharmaceutical Industry. 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. The average salary package offered to the graduates is Rs.6,50,000 p.a. Candidates who are interested in Pharmacy but do not wish to take up traditional career path of clinical research, can opt for MBA in Pharma. it will help you to take the helm of the management sector in the pharmaceutical industry and govern it. MBA Consulting - Business of Healthcare . Get distance MBA in Pharmaceutical Management from Govt. 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 Healthcare Management (MBA-HCM) Loyola University Chicago U.S.A. 60 . Many universities and colleges offer diploma, UG and PG c… The course incorporates the core administration subjects, other than pharma-financial subjects, strategic administration, information administration, and analysis. For students applying through CAT/XAT/MAT/XMAT/NMAT, the minimum acceptable score is 500/800 or 60 and above percentile. We strongly encourage you to contact us for any more information about this worldwide leading program in PIM. The formula for a winning company culture. 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. Overview of the program. 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. Find 6 MBA in Pharma Colleges in Mumbai (All). It is a 2-year course and is generally divided into 4 semesters of study. Your question has been added. The drug inspectors work to guarantee that items are secure for human utilization. 1,037 MBA Pharmaceutical jobs available on Indeed.com. 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. The benefits and outcomes of a specialized MBA add up. You can now choose to earn a STEM degree with any of our MBA concentrations. Students must select 6 of the 7 courses below needed for the concentration. He guarantees consent to in-house subtle elements, rules, and good production practices. How the salary history question affects pay equity. Pharmaceutical and Healthcare Marketing MBA for Executives. 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. The unavoidable trends of globalization and progression are quickly entering into the industry. Washington University in Saint Louis - John M. Olin Business School U.S.A. 66 . 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. Enter it below to verify your mobile number. Which courses are available to pursue in the field of pharmaceutical management? 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. Students must have at least 50% marks in graduation. The Rutgers MBA in Pharmaceutical Management was designed with substantial industry input. MBA in Pharmaceutical Management 1. MBA in Pharmaceutical Management - Being the third largest market in terms of volume, the pharmaceutical industry is rewarding in terms of career. Genzyme. 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. Their fundamental duty is to inspect sustenance or pharmaceuticals at different phases of the assembling procedure so as to guarantee quality norms are being met. 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. He is responsible to decide the employee benefit practices by benchmarking best works on; considering industry and business patterns; following the regulations and assessing impact. 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. Find your market worth with a report tailored to you, Degrees in the same industry as Master of Business Administration (MBA), Pharmaceutical Management, ranked by salary, Graduate Certificate, Family Nurse Practitioner (FNP) Studies, Doctor of Philosophy (PhD), Radiation Health Physics, Master of Business Administration (MBA), Clinical Research, Bachelor of Professional Studies (BPS), Pharmacy, Master of Health Administration (MHA), Nursing Science, Doctor of Philosophy (PhD), International Health, Doctor of Philosophy (PhD), Health Informatics, Certificate (Cert), Physician Assistant Studies, Bachelor of Science (BS / BSc), Optometry, Master of Science (MS), Cardiovascular Perfusion, Master of Library and Information Science (MLIS), Health Sciences, Master of Business Administration (MBA), Clinical Social Work (CSW), Master of Business Administration (MBA), Nursing Administration, Doctor of Philosophy (PhD), Magnetic Resonance Imaging, Doctor of Nursing Practice (DNP), Nursing. The Indian pharmaceutical industry expanded at a CAGR of 17.46% amid 2005-16. 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 MBA’s trained in pharmaceutical management can work with the various educational institutions, pharmaceutical companies, healthcare institutes, hospitals, agriculture and allied industries, chemical industries, research laboratories, scientific publishing, and media, or even information technology under both public and private sectors. USV Limited. According to research produced by TopMBA.com, the highest paying MBA industry is that of the pharmaceutical, biotech and healthcare sector, averaging over US$100,000 plus substantial bonuses. It basically combines the study of pharmaceutical sciences with business management strategies. He is in-charge of administering solutions by following standard functioning systems for accepting, filling, dispensing, logging, and keeping up the loss check controls. MBA in Pharmaceutical Management at Chitkara College of Sales & Marketing is an integrated program of Pharmaceutical Science and Technology, which lays special focus on the study of various business strategies and regulatory issues pertaining to Pharma Industries. The course teaches you the basics of Pharmaceutical Sciences and also teaches you how to … With enormous growing aspects, MBA in Pharmaceutical Management offers a promising career to the aspirants in the near future. Students can apply either through the CAT/XAT/MAT/XMAT/NMAT scores or through the Chitkara University Test, followed by GD and PI. The industry is required to develop more than 15 % per annum in the vicinity of 2015 and 2020, to outperform the worldwide pharma industry. Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University], Mumbai . The MBA Pharmaceutical Management salary package ranges from INR 3,00,000 to 10,00,000 per annum. whereas the highest package offered was Rs.6,00,000 p.a. Apply to Development Intern, Business Development Manager, Oracle Consultant and more! We believe that you will find it outstanding and informative. According to the U.S. Bureau of Labor Statistics (BLS), job growth and salaries for those involved in pharmaceutical and medicine manufacturing management can all expect significant growth as well as high salaries. Saint Joseph's University - Erivan K. Haub School of Business U.S.A. 59 . This course will look at various research, analysis, sales, consultation and administration sector of a Pharmaceutical and teaches you to apply various managerial skills to this industry to make sure that runs smoothly. According to a survey of our MBA graduates: 1. Boston … Stay up to date on the latest compensation trends. The work hours rely on the workplace. Improve your chances of receiving a raise when you ask. Innovation. 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. 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. Rutgers STEM MBA. According to GMAC, MBA job rates for healthcare and pharmaceuticals are almost on a par with the consulting function. Salary and career advice to put you a step ahead. The Indian pharmaceutical industry is the 3rd biggest as far as volume and 13th biggest as far as esteem, according to a report by Equity Master. 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 are countless global organizations working in this field such as Roche, Sanofi, Merck, Johnson & Johnson, Eli Lilly, Pfizer, GSK etc. Which alumni earn the most after graduation? Compare Fees, Courses, Cut off, Student Reviews and Admission process MBA’s trained in pharmaceutical management can work with the various educational institutions, pharmaceutical companies, healthcare institutes, hospitals, agriculture and allied industries, chemical industries, research laboratories, scientific publishing, and media, or even information technology under both public and private sectors. “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 … Pharmaceutical Management MBA Concentration Curriculum. 506250 and entrance exam cut offs 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. He deals with the orders and looks after records. Welcome to CCU new leading MBA Program. In recent years, the pharmaceuticals industry has paid close attention to the ethics of its practices. 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). Find M.B.A In Pharmaceutical Management Colleges In India. This course is of 2 years duration. The salary range that an experienced professional can expect is comparatively much higher. A course like MBA in Pharmaceutical Management works with the health and chemical industry and manages the production, supply and demand of drugs and teaches you how to manage an industry like that. Top colleges offering MBA in Pharma Management–. 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. are preferred to get enrolled in this course. He also decides the employee advantage interests by directing representative surveys; framing center groups; examine the reactions. Students must have at least 50% marks in aggregate in their graduation. The average salary package offered to the graduates is Rs.3,50,000 p.a. 90% make more than $75,000 and 52% make more than $125,000 3. Get details info on courses, placements, college admissions, … MBA in Pharma is a one of the many popular specialisation degrees in the field of Management. Master of Business Administration (MBA), Pharmaceutical Management. IIPM's Pharmaceutical Marketing MBA is the only industry-specific course designed for Pharmaceutical Professionals. The pharmaceutical sector is one of the biggest growing business sectors in India; its interest in productive labour is consistently on the ascent. Use our tool to get a personalized report on your market worth. 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 . Follow wage changes of U.S. workers over time. to Rs.14.5 lakhs per annum. Understand what's truly driving the gender pay gap. well the salary depends on the curriculum and course structure. Get course content and fee details. 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. Students can apply through the CAT/XAT/MAT/GMAT/GPAT/CMAT/ATMA or IIHMR MAT scores, followed by GD and PI. The faculty in this field must be sufficiently talented in handling with the quality-based issues. Keep checking this page for more details. Professionals who obtain their MBA in pharmaceuticals might be expected to work in an advisory role within a company. Members of the Board of Advisors work to ensure that the curriculum remains relevant by providing ongoing advice and guidance. In IIHMR University the average package is of 6 lakh and highest is of around 12 lakh PA. 4.5K views View 2 Upvoters What your skills are worth in the job market is constantly changing. 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. And course structure admission process MBA in Pharmaceutical Management field is a 2-year course is. 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