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MBA in Pharmaceutical Management is an integrated program of Pharmaceutical science and technology with various business strategies and regulatory issues pertaining to pharma industries. You will also study pharmaceutical regulatory affairs and supply chain management within the industry. Higher studies after MBA in Pharmaceutical Management
Doctor of Philosophy in Pharmaceutical Management
Doctor of Philosophy in Pharmaceutical Economics
Doctor of Philosophy in Pharmacy Management
Doctor of Philosophy in Health Systems Pharmacy Management
Career possibilities after MBA in Pharmaceutical Management
MBA graduates in Pharmaceutical Management can join reputed Pharmaceutical companies like Ranbaxy, Cipla, Cadilla Health, Dr. Reddys Laboratories etc. in following job profiles.
Sales Manager
Marketing Manager
Sales and Marketing Manager
Market Research Analyst
Drug Distribution Manager
Emoluments offered for Sales Manager, Marketing Manager and Sales & Marketing Manager in these companies will be in the range of Rs. 2, 00, 000/- to Rs. 13, 00, 000/- per annum. Those who are working as Market Research Analysts can draw a salary between Rs. 1, 00, 000/- and Rs. 6, 00, 000/- per annum. As a Drug Distribution Manager, one can earn a salary between Rs. 1, 00, 000/- and Rs. 5, 00, 000/- per annum.
Public sector pharmaceutical companies like Indian Drugs and Pharmaceuticals Ltd (IDPL), Rajasthan Drugs and Pharmaceuticals Ltd (RDPL), Bengal Chemical and Pharmaceuticals Ltd (BCPL), Hindustan Antibiotics Limited (HAL) and Karnataka Antibiotics and Pharmaceuticals Ltd (KAPL) offer following job opportunities for experience MBA graduates in Pharmaceutical Management.
General Manager
Deputy General Manager
Regional Manager
Consultant
While working as a Manager, one can earn a salary between Rs. 17, 000/- and Rs. 25, 000/- per month. If they get promoted to Deputy General Manager and General Manager, then they can draw a salary between Rs. 35, 000/- and Rs. 40, 000/- per month. To get into this post, one should have 10-15 years of work experience. After gaining10 years of work experience in pharmaceutical industry, one can join these pharmaceutical firms as Regional Manager for which a salary of Rs. 20, 000/- to Rs. 25, 000/- per month is offered. Consultants are usually recruited to the production department of these companies. A minimum of 15 years work experience is required to get into this post. Remuneration offered for Consultants is between Rs. 35, 000/-.