Why Pursue an MBA after B. Pharmacy?

B. Pharmacy has gained a lot of attention in recent times, primarily because of the opportunities that B. Pharmacy graduates get. But still, a dilemma that students face is whether to continue with their academic pursuits or start their professional careers after graduation. Now, if you are one of those who wish to keep studying and acquire a master’s degree, then doing an MBA after a B. Pharmacy could be a beneficial addition to your qualifications. Let’s discover what an MBA after B. Pharmacy has to offer for students!

Why Study an MBA after B. Pharmacy?

There are plenty of reasons which make doing an MBA after B. Pharmacy an apt academic choice. Some of the top reasons to study an MBA after a B. Pharmacy are:

1. The most obvious one is the fact that an MBA is one of the most sought-after courses these days, and that’s because an MBA is a versatile degree that opens up a world of opportunities for you. 
2. The MBA will give you the scope to improve your management skills, making you eligible for various managerial positions in the Pharmaceutical industry. 
3. It will be a positive addition to your skill set and widen your horizons. 
4. If you wish to establish a business of yourself in the pharmaceutical industry, then an MBA might become the stepping stone for this endeavour. 

MBA Specialisation After B. Pharmacy

If you wish to pursue an MBA after completing your degree in B. Pharmacy, then it’s always recommended to do it in a field related to pharmacy. Given below is a list of MBA Specialisations which will go well with your degree in B. Pharmacy: 

1. MBA in Pharma Tech
2. MBA in Drug Store Management
3. MBA in Pharma Marketing
4. MBA in Pharmaceutical Management
5. MBA in Healthcare Management
6. MBA in Pharma and Sales Management
7. MBA in Pharma Business Management
8. MBA in Sustainable Development

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Now, let’s take a detailed look at the MBA specialisations after B. Pharmacy.

Pharmaceutical Management

In today’s world, Pharmaceutical Management has become one of the most rewarding MBA specialisations. This particular MBA helps the students to develop the skills required to work in the management or administrative section of the Pharmaceutical industry.

It will be a nice addition to your degree in B. Pharmacy as you will be trained in various fields like enterprise management, advanced Business concepts, general management, etc.

Pharma Marketing

Marketing is the crux of any industry, and therefore, marketing specialists are required in any field. So, if you do an MBA with specialisation in pharma marketing, you will acquire the skills required for the marketing of drugs and medical devices.

By doing this particular MBA after B. Pharmacy will be equipped with marketing skills, which will make you a top pick for many public and private pharmaceutical organisations. 

Healthcare Management

Both B. Pharmacy and healthcare management are closely connected to the healthcare sector. Where B. Pharmacy trains you in the medical aspect of it, healthcare management gives you the skills to manage and administer both private and public healthcare systems.

So, if you do an MBA with a specialisation in healthcare management after B. Pharmacy, you will become quite resourceful as you will be trained to handle both aspects of the healthcare system. 

Eligibility Criteria for MBA after B. Pharmacy

The eligibility criteria for doing an MBA vary from college to college. But the general requirements that a candidate needs to fulfil in order to do an MBA after B. Pharmacy are given below: 

1. The candidate must have scored at least an aggregate of 50% in their B. Pharmacy course 
2. The candidate must have acquired their B. Pharmacy degree from a college recognised by the Pharmacy Council of India. 
3. As most MBA courses ask for some work experience, the candidates must fulfil the professional qualifications of the college/University where they wish to apply. 
4. The candidate must have cleared the required MBA entrance examinations. Most colleges accept GMAT and CAT scores. 

Top Universities for MBA after B. Pharmacy

If you are planning to pursue an MBA after B. Pharmacy, then given below is a list of top colleges in India and abroad which offer excellent programs for MBA after B. Pharmacy:  

India	Abroad
Narsee Monjee Institute of Management Studies, Mumbai	University of Minnesota, Minneapolis, Minnesota
Mitcon Institute of Management, Pune	The University of Texas, Austin, Texas
Jamia Hamdard University, Delhi	Copenhagen Business School, Frederiksberg, Denmark
Faculty of management studies, Delhi	Harvard Business School, Boston, Massachusetts
Apex University, Jaipur	Schulich School of Business, Toronto, Canada
Vishwa Vishwani Institute of Systems and Management, Hyderabad	University of Alberta School of Business, Edmonton, Canada
ITM Business School, Mumbai	Alberta School of Business, Edmonton, Canada

Job Opportunities for an MBA after a B. Pharmacy

After pursuing an MBA after B. Pharmacy, the candidate could apply for a wide range of professional positions in the pharmaceutical industry and other related industries. Given below is a list of the top positions which await you after the completion of your MBA:

Job position	Average starting salary (INR per annum)
Sales manager	4,72,401
Business Development Officer	6,00,000
Market Research analyst	3,41,579
Drugs Distribution Manager	7,69,505
Pharmaceutical Purchase Manager	8,42,692
Government Pharmacist	2,50,000
Medical representative (Marketing)	2,96,000
Production and Quality Control Manager	7,80,236

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Integrated Course of MBA after B. Pharmacy

Courses that have been grabbing attention are integrated courses, while there are many universities offering integrated law courses. These aren’t restricted to just law now, students can pursue integrated BBA+LLB, Integrated BSc, and also the BPharmacy +MBA. The duration of the course is 5 years. Top colleges offering integrated B. Pharmacy MBA are:

• Jaipur National University, Jaipur 
• NMIMS School of Pharmacy, Shirpur
• Integral University, Lucknow
• RIMT University, Gobindgarh
• Assam Down Town University, Guwahati

Subjects in MBA after B. Pharmacy

The course curriculum and modules depend on the university. Every university has different subjects. Here are some of the common subjects in MBA after B. Pharmacy:

• Communication Theories
• Pharmaceutical Disaster Management 
• Basic Pharmacology I & II
• Marketing & Finance
• Legal Aspects of Pharma Business 
• Business Accounting 
• Research Management

Top Recruiters for MBA after B. Pharmacy

Pursuing an MBA opens up various doors of opportunities. You are able to work in more fields than before, which develops your overall personality and skills required in an organisation. You can work as a sales manager, marketing manager, pharmaceuticals purchase manager, etc. Here are the top recruiters hiring students of MBA after B. Pharmacy:

• Alkem Lab
• Cipla
• Glenmark
• Piramal Enterprises
• Sun Pharma
• Torrent Pharma
• Abbott India
• Dabur India
• Cadila Health
• Dr. Reddy’s Laboratories
• Ranbaxy

Scope of MBA after a B. Pharmacy

The graduates from the MBA after BPharmacy are in demand at the international level. In the future, the demand for pharmaceutical experts will increase by twice the current number.

You don’t have to worry about the job scope in India and abroad because there are plenty of job opportunities if students have the potential and required skills. Pursuing an MBA after B. Pharmacy not only advances your theoretical knowledge but also helps you acquire the necessary skills that can help an organisation grow.

A graduate with an MBA after a B. Pharmacy has earned from 6 Lakhs to 10 Lakhs in the initial stage. There is no denying this field has the potential to grow more in the coming years.

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If you wish to enter a business-related field in the pharmaceutical industry, then this might be the right choice for you. So, this was all that you needed to know before deciding if you wish to pursue an MBA after B. Pharmacy. But in case you have any other query related to this course, contact our Leverage Edu experts who are always there to help you out. So, sign up for a free session now.