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The Pharma and the Biotech industry are today witnessing a dramatic transformation and facing a stiff competition due to the developments such as changing regulatory guidelines, changing economies of scale, shift in the disease patterns, introduction of new technologies and business models in R&D, manufacturing and marketing in pharmaceuticals. Apart from it changing business strategies, new value creation, successful product launch, market intelligence, generic competition, intellectual property issues, penetration in emerging markets, consumer satisfaction and outsourcing possess a serious threat to the pharmaceutical industry at the national as well as global front.

As the industry reshapes, the pharmaceutical leaders need to encounter these challenges and are always confronted with bringing forward the best strategic action plan to set apart from the fierce competition. This situation prevailing in the global pharmaceutical arena has generated a huge demand of skilled management professionals who are trained to effective manage the key decisions, planning, organizing and execution of issues related to management of pharmaceuticals. Today the industry is in demand of skilled management professionals who can transform the management policies and principles to result oriented goals and actions and this has given genesis to the term MBA Pharmaceutical Management.

The MBA Pharmaceutical Management programme equips the candidates with essential management skills, key decision making competencies and strategic thinking essential to achieve success in the various projects carried out in the pharma industry whether it is policy making, marketing, production, outsourcing, quality assurance or R&D. The candidate is given a thorough know how about the latest management policies, techniques, innovative business models and  exposure to real industry based case studies which help him to achieve industries aspirations and expectations.

The candidates possessing MBA Pharmaceutical Management degree find good job offerings with some of the globally renound and reputed pharmaceutical organization. The program sharpens the professional skills, knowledge and creativity of the candidates and prepares them to not only for successful recruitment but also prepares them to excel at various managerial positions across the pharma industry. 

Areas in which the MBA PM professionals are mainly recruited are: Business Development, Product/Project Management, Operations, KPO (Knowledge Process outsourcing), Sales and marketing, Human Resource, Entrepneurship, Corporate Social Responsibility, International Marketing, Packaging, and Prodcution. Some of the jobs offerings which are offered to the MBA Pharmaceutical Management pass out in the pharma industry are Product Mangers, Business Development Executives/Managers, Brand Managers, Manager HR, Regional/Zonal Manager, Project Managers, Product/Project Manager Trainees, International Marketing Managers, and Market Research Analyst.

The time has come to join the most vibrant and lucrative industry and become a part of this global pharma professional fraternity. So take up MBA Pharmaceutical Management program   and show your capabilities to the world.


Author: Saurabh Kumar Banerjee, Assistant Professor, School of Pharmaceutical Management, The IIHMR University, Jaipur, Rajasthan, India

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