MBA in Pharma Colleges in Maharashtra - Course Fee, Admission, Cut Off, Placements

Every year, the National Institutional Ranking Framework (NIRF) ranks colleges. The ranking is based on factors, and the ranking changes from year to year based on the success of the college/university on parameters such as infrastructure, placements, faculty, and so on.

The table below lists the top MBA in Pharmaceutical Management colleges in Maharashtra as ranked by NIRF in 2021, 2022 and 2023:

College Name	NIRF 2021	NIRF 2022	NIRF 2023
SVKM's Narsee Monjee Institute of Management Studies	22	25	21

In Maharashtra, there are a total of 26 top MBA in CAT, colleges. There are 23 privately operated colleges and 1 owned by public/government organizations. CMAT, CAT, MAT, CET, MAT, XAT, ATMA, and other admission examinations are commonly accepted by top Pharma MBA colleges in Maharashtra. Some of the popular Pharma MBA colleges in Maharashtra include NMIMS School of Business Management, Mumbai, IES's Management College and Research Centre, SIES College of Management Studies, Suryadatta Institute of Management and Mass Communication, MIMA Institute of Management, International School of Management Studies, Jayawantrao Sawant Institute of Management and Research, and others.

The following table lists the government MBA Pharmaceutical Management colleges in Maharashtra, as well as their total tuition fee:

Public/Government Colleges	Total Tuition Fee
Department of Management Sciences, Pune University Admission	INR 2 lakh

The tabe below shows the private top MBA in Pharma colleges in India along with their total tuition fees:

College Name	Total Tuition Fee
NMIMS School of Business Management, Mumbai Admission	INR 16 lakh
IIHMR University Admission	INR 10 lakh
Shobhit Institute of Engineering and Technology Admission	INR 2 lakh
SIES College of Management Studies Admission	INR 7 lakh
Shoolini University Admission	INR 6 lakh - INR 9 lakh

Hope this answered your query!

The course-wise average package offered during SBM NMIMS MBA placements 2024 and 2023 are presented below:

Course	Average Package
MBA	INR 25.13 LPA (2024)
MBA HR	INR 18.64 LPA (2024)
MBA Pharmaceutical Management	INR 10.4 LPA (2024)
MBA Digital Transformation	INR 15.9 LPA (2023)
MBA Business Analytics	INR 17.85 LPA (2023)

There is only 1 Online MBA in Pharma college in Maharashtra along with their total tuition fee:

College Name	Total Tuition Fee
Parul University Online Admission	INR 80,000

When deciding between Pumba (Pune University) and MITCON (MIMA Institute of Management) for a Pharma MBA in Maharashtra, its important to consider its tuition fee and placement package:

College Name	Total Tuition Fee	Average Placement Package
PUMBA (Pune University)	INR 2 lakh	INR 5 LPA
MITCON (MIMA Institute of Management)	INR 7 lakh	INR 4 LPA

After completing an MBA in Pharma in Maharashtra, graduates can explore various career opportunities in the pharmaceutical and healthcare sectors. Here are some potential career paths along with their average salaries:

Careers/Jobs	Average Salaries
Pharmaceutical Marketing Manager	INR 21 LPA
Product Manager	INR 20.1 LPA
Regulatory Affairs Manager	INR 17.6 LPA
Clinical Research Manager	INR 9.2 LPA
Healthcare Consultant	INR 10.2 LPA
Supply Chain Manager

Note: Above mentioned salaries has been takes from Ambitionbox; therefore, they may vary.

The table below shows the estimated fee structure of top MBA in Pharma colleges in India along with their names of colleges:

Fee Range	Names of Colleges
INR < 1 lakh	Jamia Millia Islamia, Nirwan University, Sankalp Business School, etc.
INR 1-2 lakh	Jayawantrao Sawant Institute of Management and Research, LJ Institute of Management Studies, JSPM University, etc.
INR 2-3 lakh	Jamia Millia Islamia, Shobhit Institute of Engineering and Technology, Chitkara University, etc.
INR 3-5 lakh	Jamia Millia Islamia, Jamia Hamdard, International School of Management Studies, etc.
INR > 5 lakh	NMIMS School of Business Management, IIHMR University, Shoolini University, etc.

RIIM Pune offers a full-time postgraduate diploma in management. The PGDM course is offered to students who fulfil the admission criteria of the course. The basic eligibility is to pass graduation from a recognised university. Furthermore, admissions are entirely entrance-based. Hence, students must appear for the respective exam to be considered for admission. RIIM Pune accepts various national-level management exams, including MAT. However, those with a valid score in any other accepted exam can also apply. Hence, you can certainly get into the PGDM course offered at RIIM Pune without MAT, given you provide any other exam score.

The table below provides a full summary of the top MBA in Pharma colleges in Maharashtra, as well as the placement packages available to their graduates:

College Name	Annual Average Package
IES's Management College and Research Centre MBA	INR 7 LPA
SIES College of Management Studies MBA	INR 7 LPA
Suryadatta Institute of Management and Mass Communication MBA	INR 6 LPA
Department of Management Sciences, Pune University MBA	INR 5 LPA
Prin. N.G. Naralkar Institute of Career Development and Research MBA	INR 4 LPA

The decision to pursue an MBA in Pharmaceutical Management from NMIMS Mumbai, or any specific programme for that matter, depends on various factors such as your total tuition fee, placement package, prominent recruiters, etc.

College Name	Total Tuition Fee	Average Placement Package	Prominent Recruiters
NMIMS Mumbai	INR 8 lakh	INR 20 LPA	Goldman Sachs, Infosys, HDFC Bank, etc.

Joining MBA in Pharma colleges in India can be expensive. However, there are some affordable colleges mentioned below along with their tuition fees:

Low-cost MBA Colleges	Tuition Fee
Jamia Millia Islamia Fees	INR 58,000
ICRI - Jagannath University, Delhi Fees	INR 50,000
IIMT Group of Institutions Fees	INR 66,000
Sankalp Business School Fees	INR 98,000
Nalanda Institute of PG Studies Guntur Fees	INR 70,000

Disclaimer: This information is sourced from the official website.

Yes, ISMS Pune accepts national-level entrance exams like CAT, CMAT, MAH CET score. The candidates shortlisted based on the entrance exam score are required to come for a GDPI round. The institute can conducts a personal interview. The selected aspirants will recieve an admission offer letter.

Yes, you can pursue dual degree of MBA in Pharmaceutical Management and MPharm. There are a few colleges that provide this course as a 3 year integrated program. Shobhaben Pratapbhai Patel School of Pharmacy and Technology Management, NMIMS, Mumbai is one of such institutes. This kind of restructuring not only helps the students to save their one academic year, but also aloows them to acquire dual postgraduate degrees, one in technical field (research) and second in managerial skills in Pharma sector.  

MBA in Pharma combines business administration with healthcare studies which focuses on areas such as drug development, marketing, regulations, and supply chain management. 

The following are a few basic points to consider if you are planning to pursue MBA in Pharmaceutical Management:

• The duration of MBA in Pharma is typically 18 to 24 months, with options for full-time, part-time, or online study.
• A regular MBA in Pharma degree is a two-year course divided into four semesters. However, some private institutes offer 1 year PGDM programs as well.
• Only people with a bachelor's degree in any discipline or a BBA program from a recognised institute or university are eligible for an MBA in Pharmaceutical Management.

Yes, ASM's IIBR (Pune) offers a full-time PGDM in the full-time mode. The duration of the course is two years. Candidates who have completed their graduation with at least 50% aggregate and have a valid CAT/XAT/MAT/NMAT/GMAT/ATMA score can apply for admission. The course is offered in six specialisations. These specialisations are as follows:

• Marketing
• Business Analytics
• Pharma Management
• Human Resources
• International Business
• Finance

As per the latest records of PBS Pune PGDM placements, the institute has witnessed the top recruiters such as Vodafone, iResearch, Mother Diary, Finolex, Protium during the placement drive of the year 2023. Find below the highest package offered to students of PGDM in PBS Pune placements 2023:

Particulars	Statistics (2023)
the highest package	INR 15 LPA
Popular recruiters	Vodafone, iResearch, Mother Diary, Finolex, Protium

Read more: Pune Business School PGDM Placements

IES MCRC offers a PGDM course specialising in Pharmaceutical Management, namely PGDM-PM. The duration of this course is two years. This duration consists of six terms, of which three are in the first year and three in the second year. Moreover, on completion of the first year, the student has to undertake the Summer Internship Project.

SIES School of Business Studies PGDM programme offers specialisations in Marketing, Finance, Human Resources, Operations, Business Analytics, Pharmaceutical Management, and Biotechnology Management. Students can choose these as per their career choice.

Pimpri Chinchwad University offers various courses in Engineering, Design, Management, Law and others. The university accepts admission based on merit and entrance exams as per each course. To get seat students meet the set eligibility criteria for each course.

The JSPM University provides placement facilities inside the campus of the university. Students are getting great placement opportunities with attractive packages. The average package of the university is 3.5 LPA, while the highest package the students are getting is 45 LPA. The university has a dedicated training and placement cell, that gives training to the students, helps in resume building, and takes mock interviews.

To be eligible for CSMU MBA course, candidates must complete a Bachelor's degree in any stream from a recognised university. General category candidates should have at least 45% to 50% aggregate marks in their final graduation results to be eligible. For reserved category students, a 5% relaxation in qualifying marks is given. Students appearing in their final year exams can also apply provisionally.

Jayawantrao Sawant Institute of Management and Research has been rated 4.8 on Infrastructure parameter. Institute offers great infrastructure with facilities such as Auditorium, Boys Hostel, Cafeteria, Girls Hostel, Hospital / Medical Facilities, Hostel, Labs, Library, Shuttle Service, Wi-Fi Campus to students. Jayawantrao Sawant Institute of Management and Research has also been rated 4.8 for Campuslife.

Pratibha Institute of Business Management is charging INR 2 Lacs for its MBA courses in academic year 2026. This fees is charged yearly in two equal installments of INR 1 lakh. Every installment is a combination of tuition fees and management fees.

MIMA Institute of Management offers PGDM in three specialisations. The total fee for the entire course duration for each of the three specialisations is given in the table below:

Course	Fees
PGDM Business Administration	INR 7.65 Lakh
PGDM Agri Business Management	INR 6.7 Lakh
PGDM Pharmaceutical Management	INR 6.7 Lakh

NOTE: The mentioned amount has been taken from the official website of the institute. It is still subject to change and hence, is indicative.