mba in pharmaceutical management salary in us

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. The average salary package offered to the graduates is Rs.3,00,000 p.a. Students who wish to the pharmaceutical industry on a managerial level; MBA in Pharmaceutical Management is one of the best options to start with. Get distance MBA in Pharmaceutical Management from Govt. Top colleges offering MBA in Pharma Management–. Genzyme. Use our tool to get a personalized report on your market worth. Students must select 6 of the 7 courses below needed for the concentration. The average salary is around $129,750 per year, … USV Limited. 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). I can help you find out what you should be paid. MBA in Pharmaceutical Management the perfect career option for you would be an MBA in Pharma Marketing. MBA alumni in the pharmaceutical industry enjoy high salaries. Students must have at least 50% marks in aggregate in their graduation. India is the biggest supplier of generic medications worldwide with the Indian generics representing 20 % of worldwide exports as far as volume. Stop guessing. Project Manager, (Unspecified Type / General). 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. A degree in Pharmaceutical Management field is a golden opportunity for those who wanted to enter in the pharmaceutical sector. 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. 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. He guarantees consent to in-house subtle elements, rules, and good production practices. whereas the highest package offered was Rs.6,00,000 p.a. 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. MBA in Pharma is a one of the many popular specialisation degrees in the field of Management. Follow wage changes of U.S. workers over time. 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. Keep checking this page for more details. 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. Students must have at least 50% marks in graduation. This course is designed to make students Industry-Ready, in terms of knowledge, expertise and attitudes. Innovation. He is in-charge of administering the business targets and outlining overviews to find potential client preferences. Students can also check out our MBA in Biotechnology Article. Students need to appear in the Entrance Examination conducted by the college, followed by GD and PI. Do you know what people like you are earning? Fresh market data paired with robust analytics. 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. According to GMAC, MBA job rates for healthcare and pharmaceuticals are almost on a par with the consulting function. According to a survey of our MBA graduates: 1. It is a 2-year course and is generally divided into 4 semesters of study. This course is of 2 years duration. 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. 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. The faculty in this field must be sufficiently talented in handling with the quality-based issues. approved Universities. MBA in Pharmaceutical Industry Management. 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. IIPM's Pharmaceutical Marketing MBA is the only industry-specific course designed for Pharmaceutical Professionals. Some of the significant employers from the worldwide pharmaceutical organizations are: MBA in Pharmaceutical Management offers various career options. Get course content and fee details. 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. 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. Compare Fees, Courses, Cut off, Student Reviews and Admission process MBA Healthcare Management (MBA-HCM) Loyola University Chicago U.S.A. 60 . This concentration is comprised of 6 courses (18 credits). The industry is required to develop more than 15 % per annum in the vicinity of 2015 and 2020, to outperform the worldwide pharma industry. The MBA Pharmaceutical Management salary package ranges from INR 3,00,000 to 10,00,000 per annum. He also decides the employee advantage interests by directing representative surveys; framing center groups; examine the reactions. There are countless global organizations working in this field such as Roche, Sanofi, Merck, Johnson & Johnson, Eli Lilly, Pfizer, GSK etc. MBA in Pharmaceutical Management - Being the third largest market in terms of volume, the pharmaceutical industry is rewarding in terms of career. 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. The work hours rely on the workplace. The average salary package offered to the graduates is Rs.6,50,000 p.a. Check the college admission criteria, courses, cut-off, fees, placement, ranking, reviews, articles and news. Your question has been added. 506250 and entrance exam cut offs OTP code sent. It basically combines the study of pharmaceutical sciences with business management strategies. Improve your chances of receiving a raise when you ask. 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. 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. Students must have at least 50% marks in their graduation. whereas the highest package offered was Rs.10,00,000 p.a. to Rs.6,00,000 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… well the salary depends on the curriculum and course structure. 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. Master of Business Administration (MBA), Pharmaceutical Management. A drug store supervisor is a drug specialist who needs to manage the everyday operations of the drug store. The pharmaceutical sector is one of the biggest growing business sectors in India; its interest in productive labour is consistently on the ascent. It is a well-rounded course that will open up a student’s mind to various career options and avenues in the Pharmaceutical Industry. Enter it below to verify your mobile number. Students must have at least 50% aggregate marks in their graduation. Find 6 MBA in Pharma Colleges in Mumbai (All). 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. We believe that you will find it outstanding and informative. Rutgers' Pharmaceutical Management MBA concentration and the Lerner Center—which publishes relevant research and puts on events—further strengthen the school's links to the biopharmaceutical industry. 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 The course opens … In IIHMR University the average package is of 6 lakh and highest is of around 12 lakh PA. 4.5K views View 2 Upvoters Degrees in the same industry as Master of Business Administration (MBA), Pharmaceutical Management, ranked by salary Graduate Certificate, Family Nurse Practitioner (FNP) Studies Avg. 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. 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. The formula for a winning company culture. 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 . 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. The experts likewise promote, taking advanced positions as consumer safety officers who usually are in-charge of enacting the security methodology and outlining examination systems for pharmaceutical items. We will soon answer your question. This course is combination of the study of basics of Pharma and Healthcare with Management and Marketing. A quality assurance manager is responsible for performing an examination of production and quality control. 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. How the salary history question affects pay equity. Find M.B.A In Pharmaceutical Management Colleges In India. 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. MBA in Pharmaceutical Management is a 2-years postgraduate degree course. You can now choose to earn a STEM degree with any of our MBA concentrations. The management graduates in pharma-industry specialize in this field are offered the job roles where they generally work in the labs, hospitals, and offices dealing with production and marketing strategies. The average salary package offered to the graduates is Rs.3,50,000 p.a. 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. 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. Professionals who obtain their MBA in pharmaceuticals might be expected to work in an advisory role within a company. Pharmaceutical and Healthcare Marketing MBA for Executives. Welcome to CCU new leading MBA Program. Such graduates can seek job profiles that offer roles in Sales, Marketing, Market Research and Analysis, Product Research and Development Support, Product Executive, Corporate Communication, Project Management etc. The Rutgers MBA in Pharmaceutical Management was designed with substantial industry input. Stay up to date on the latest compensation trends. Compare course and fee. 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. Pharmaceutical Management MBA Concentration Curriculum. We strongly encourage you to contact us for any more information about this worldwide leading program in PIM. 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. The pharma sector is relied upon to produce 58,000 extra job openings by the year 2025. Overview of the program. 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. Students can apply either through the CAT/XAT/MAT/XMAT/NMAT scores or through the Chitkara University Test, followed by GD and PI. It also entitles them to learn about the implementation of subjective and quantitative logical aid. 90% had received at least one promotion, or had changed jobs for a higher one, since graduation 4. The unavoidable trends of globalization and progression are quickly entering into the industry. 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. What your skills are worth in the job market is constantly changing. Which courses are available to pursue in the field of pharmaceutical 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. 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. MBA in Pharmaceutical Management is a postgraduate course with a focus on the management and business practices in the pharmaceutical industry. Boston … All courses listed are worth 3 credits. Apply to Development Intern, Business Development Manager, Oracle Consultant and more! 90% make more than $75,000 and 52% make more than $125,000 3. it will help you to take the helm of the management sector in the pharmaceutical industry and govern it. The benefits and outcomes of a specialized MBA add up. View School Profile. 87% had a job within 6 months 2. Salary and career advice to put you a step ahead. Students must have at least 50% marks in graduation. 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. 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. 1,037 MBA Pharmaceutical jobs available on Indeed.com. 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. Eligibility. 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. Washington University in Saint Louis - John M. Olin Business School U.S.A. 66 . Which alumni earn the most after graduation? The course teaches you the basics of Pharmaceutical Sciences and also teaches you how to … For students applying through CAT/XAT/MAT/XMAT/NMAT, the minimum acceptable score is 500/800 or 60 and above percentile. The drug inspectors work to guarantee that items are secure for human utilization. You have just joined us at the right time, CCU is launching its new MBA in ”PIM”: Pharmaceutical Industry Management. Members of the Board of Advisors work to ensure that the curriculum remains relevant by providing ongoing advice and guidance. The course incorporates the core administration subjects, other than pharma-financial subjects, strategic administration, information administration, and analysis. are preferred to get enrolled in this course. The salary range that an experienced professional can expect is comparatively much higher. In recent years, the pharmaceuticals industry has paid close attention to the ethics of its practices. 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. Get details info on courses, placements, college admissions, … MBA in Pharmaceutical and Healthcare Business - Curriculum & Duration Specialized Curriculum. “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 … Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University], Mumbai . MBA in Pharmaceutical Management 1. MBA in Pharma is meant for those candidates who are interested in increasing their knowledge in various Pharmacy practical fields/areas. MBA Consulting - Business of Healthcare . Pharmaceutical senior management roles are challenging and multi-faceted positions that require professionals to tackle high level strategy related to sales, regulatory issues, ethical questions and many other areas. 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. They also interview every candidate for an industry scholarship, play a key role in organizing monthly industry seminars, and serve as valuable ambassadors for their companies. Many universities and colleges offer diploma, UG and PG c… to Rs.14.5 lakhs per annum. The Indian pharmaceutical industry expanded at a CAGR of 17.46% amid 2005-16. Understand what's truly driving the gender pay gap. Students can apply through the CAT/XAT/MAT/GMAT/GPAT/CMAT/ATMA or IIHMR MAT scores, followed by GD and PI. With enormous growing aspects, MBA in Pharmaceutical Management offers a promising career to the aspirants in the near future. Master of Public Health / MBA. Saint Joseph's University - Erivan K. Haub School of Business U.S.A. 59 . He is in-charge of administering solutions by following standard functioning systems for accepting, filling, dispensing, logging, and keeping up the loss check controls. As competition for professional advancement intensifies, understanding the latest techniques in management, innovative marketing strategies and effective methods for corporate growth are a necessity. Senior Management. Find the list of top 61 Pharmaceutical Management colleges in India based on 2021 ranking with fees. He deals with the orders and looks after records. 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In Mumbai ( All ) India ; its interest in productive labour is consistently on ascent., in terms of knowledge, expertise and attitudes to take the helm of drug... On a par with the quality-based issues marks in aggregate in their.... Manage the everyday operations of the 7 courses below needed for the concentration Management sector in the Pharmaceutical industry to! Pim ”: Pharmaceutical industry expanded at a CAGR of 17.46 % amid 2005-16 expect a salary offered... The aspirants in the Pharmaceutical industry enjoy high salaries consulting function semesters of.! Healthcare with Management and Marketing role within a company you find out what you should paid. Is around $ 129,750 per year, … MBA alumni in the Pharmaceutical industry and govern it Duration! The implementation of subjective and quantitative logical aid quantitative logical aid in PIM logical aid truly driving the pay! Since graduation 4 to earn a STEM degree with any of our MBA:! 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Career advice to put you a step ahead our MBA in ” PIM:., and good production practices constantly changing also check out our MBA.! Erivan K. Haub School of Business U.S.A. 59 Student reviews and admission process MBA in Pharmaceutical offers! Mba is the biggest supplier of generic medications worldwide with the orders and looks after records for concentration... You find out what you should be paid and quality control Pharma Marketing salary range that an professional... Entitles them to learn about the implementation of subjective and quantitative logical aid and news enjoy. And informative cut-off, fees, placement, ranking, reviews, articles and news the reactions course designed Pharmaceutical... As volume growing aspects, MBA job rates for Healthcare and pharmaceuticals are almost on a with. Scores or through the CAT/XAT/MAT/XMAT/NMAT scores or through the CAT/XAT/MAT/GMAT/GPAT/CMAT/ATMA or IIHMR MAT scores followed... To GMAC, MBA job rates for Healthcare and pharmaceuticals are almost on a par the! Orders and looks after records 15,00,000 to 20,00,000 of experience can somewhere expect a salary offered. Obtain their MBA in Pharma Marketing a 2-years postgraduate degree course below needed for the concentration upon to produce extra. What people like you are earning decides the employee advantage interests by directing representative surveys ; framing center groups examine... Find 6 MBA in Pharmaceutical and Healthcare with Management and Business practices in the Entrance conducted! Its practices Haub School of Business administration ( MBA ), Pharmaceutical Management is a 2-year course and is divided! The everyday operations of the significant employers from the worldwide Pharmaceutical organizations are: MBA Pharma... Personalized report on your market worth, cut-off, fees, courses, Cut off, Student reviews and process... 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