MBA – Pharmaceuticals Management Course

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Pharmaceutical professionals needed an industry specific course especially designed for equipping them with the latest marketing strategies. Thus in 1997, MBA in Pharmaceutical Management was launched by Ortho-McNeil Pharmaceutical Inc. The pharmaceutical management provides the knowledge for corporate growth indispensable to forge ahead in the competition of the times.  Practicing health care professionals can pursuit master’s degree in business administration. The MBA in pharmaceutical management moulds together the business strategy with health care, satisfying the needs of pharmaceutical sector. Although newly introduced, this program is quickly gaining the importance of its establishment. It’s a 2 year full time post graduation course whose curriculum consists of subjects such as:

  • Pharmaceuticals
  • Principles of management
  • Business environment
  • Finance in Medical sector
  • Physiology
  • Consumer Behavior
  • Quantitative Mathematics
  • Drug management
  • Brand management
  • Human Resource Management
  • Pharmacy Marketing
  • Pharmacy professional communication
  • Regulatory affairs
  • Research methodology
  • Marketing management
  • Promotion marketing
  • Qualitative methods

Here are the course details for MBA courses. Top MBA Courses in India, List of Best Ranking and latest courses of MBA Institutes, Different Courses and Programs in India

 

Eligibility

The candidate should be a graduate in any field having pursued 3 years of education after high school. Candidates usually have to face an entrance exam followed by group discussion and interview.

Duration

2 years

Career Prospects

Usually medical students are attracted to pursuing MBA in Pharmaceutical Management. Remuneration is quite good beginning with Rs.35, 000 per month. This program provides lucrative jobs in:

  • NGOs and professionals bodies
  • Health care services
  • Hospital Management
  • Public services
  • IT  services
  • Consultancy
  • Public systems
  • Private firms
  • Pharmaceutical companies

Course Structure

Pharmaceuticals Management course was started in 1997 in collaboration with Drug Manufacturers Association (IDMA). It is a 2 years course with full time classes. It is divided into 4 different semesters to cover all the aspects of the course. The 4 different semester’s syllabus is as follow:

Semester – I

  • Marketing Management
  • Managerial Communication
  • Principles of Management
  • Managerial Economics
  • Organization Behavior
  • Pharmacology & Physiology
  • Financial and Cost Accounting
  • Pharmacy Manufacturing
  • Statistics for Management
  • Management Information Systems
  • Pharmacology
  • Legal Aspects of Business

Semester – II

  • Marketing Research
  • Marketing Management – I
  • Supply chain Management
  • Personality Development
  • HRM
  • Financial Management
  • Marketing Management – II
  • Managerial Communication II
  • Sales & Distribution
  • IPR

Semester – III

  • Brand Management
  • CIBB
  • Strategic Marketing
  • OTC Marketing
  • Clinical Research
  • Rural Marketing
  • Insurance Management
  • International Business & International Marketing
  • Regulatory Affairs

Semester – IV

  • Advertising and Sales Promotion
  • Capstone Project
  • Hospital Management

Most of the institutes conduct a training of 2 months at the end of the 1st Year or at the end of the second semester. This training is very helpful for students to go through the whole year studies as well as it helps the students to prepare for the coming 3rd and 4th Semesters of the 2nd and the final year.

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