Pharmaceutical Management Courses in India


Introduction

Pharmaceutical Management is one of the fields of chemical and health sciences, which deals with the effective and safe use of pharmaceutical drugs. In pharmaceutical management courses one can find integration of business strategy with science and technology to train the students so as to address the challenges faced by the pharmaceutical industry. This management program puts emphasis on business concepts and technology and pharmaceutical management. The pharmaceutical management courses results in professionals with knowledge of the economy and developing market and can take on the challenges of business in different functional areas. The pharmaceutical management courses are oriented towards the development of skilled managers in the fields of market research and market analysis. Candidates are transformed into skilled managers by pharmaceutical management courses and are able to take complex decisions which are imperative for the growth of the industry.

Different Types of Pharmaceutical Management Courses

MBA in pharmaceutical management courses is of great demand among youths. Other available pharmaceutical management courses include post graduate certificate courses, post graduate diploma courses, advanced diploma courses, and diploma course. The related fields in pharmaceutical management include Pharmaceutical marketing, pharmacy management, drug store management, hospital management, production management and so on.

Eligibility

For diploma and advanced diploma courses, mostly of six months duration, the minimum educational qualification required is plus two from a recognized institute. Post graduate diploma courses with one year duration considers graduation in related fields as eligibility criteria. Undergraduate and postgraduate pharmaceutical management courses needs plus two and bachelor’s degrees respectively for admissions.

How to apply

The pharmaceutical management courses produce professionals by nurturing skills, knowledge, behavior, attitudes and communication. The two year MBA courses in pharmaceutical management consider entrance exam such as MAT, CAT or XAT scores along with graduation marks for recruitment. Most of the reputed institutions conduct group discussions and personal interviews before selection of candidates.

Scope/pay scale

The Pharmaceutical sector is a huge industry constantly in need of professionals for effective and productive management. There is no lack of employment opportunities in this field as the pharmaceutical industry always need professionals in pharmaceutical management courses for running their firms. Research institute, pharmaceutical industry, export management, clinical research and business development and teaching hospitals are in the front line for offering career to a candidate pursuing pharmaceutical management courses. With an MBA in pharmaceutical management, career possibilities include drug distribution manager, Sales manager or Marketing manager in reputed pharmaceutical companies. Reputed public sector pharmaceutical companies offer post of higher managerial category considering skills, qualification and experience. Companies that are functioning under the government undertaking offer handsome salary packages for the professionals with experience. By pursuing any of the pharmaceutical management courses the expected job profiles include drug cost accountant, pharmaceuticals distributors, market researcher & drug developer and drug distribution manager. There are many who have undertaken the course and set up pharmacies as a business. For professionals opening their own business, pharmaceutical management offers sensible job opportunities. MBA degree holders in Pharmaceutical Management with five years’ experience can work as area sales manager in reputed firms.

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