Aryavart International University
Established by State Legislature of Government of Tripura by Act No 03 of 2023
Recognised Under Section 2(f) of UGC Act, 1956.
Established by State Legislature of Government of Tripura by Act No 03 of 2023
Recognised Under Section 2(f) of UGC Act, 1956.
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.
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 Pharma MBA program opens up a world of opportunities for you in industries such as pharmaceutical, healthcare, and biotech.
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 in 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 management field 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.
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.
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.
| Job Designation | Salary Per Annum | Job Description |
|---|---|---|
| Product Manager | Rs 21.1 lakhs | Overseeing the lifecycle of pharmaceutical products from development to marketing |
| Medical Affairs Manager | Rs 20.7 lakhs | Acts as liaison between healthcare professionals and pharmaceutical companies |
| Pharmaceutical Marketing Manager | Rs 20.5 lakhs | Developing and executing marketing strategies for pharmaceutical products |
| Market Access Manager | Rs 17 lakhs | Ensuring products are easily accessible in the market through strategic planning |
| Pharmaceutical Supply Chain Manager | Rs 14.8 lakhs | Managing the entire supply chain process for pharmaceutical products |
| Clinical Research Manager | Rs 10.2 lakhs | Overseeing research projects and clinical trials with regulatory compliance |
| Healthcare Consultant | Rs 8.9 lakhs | Providing expert advice on strategy, compliance, and operations |
| Regulatory Affairs Specialist | Rs 8.3 lakhs | Ensuring pharmaceutical products meet all regulatory standards |
| Healthcare Policy Analyst | Rs 7.5 lakhs | Managing policies and analyzing strategies for healthcare systems |
