MBA in Biotechnology

Choosing the right specialization for your MBA degree is a crucial decision. There are numerous interdisciplinary specializations available for MBA courses to help students explore different sectors and areas with a sought-after degree like an MBA. One such unique specialization for MBA is Biotechnology which is amongst the top branches of Biology. It combines the two different worlds of biology and technology and implements them for facilitating the efficient production of products and services. Biotechnology combines a number of disciplines and continues to make very significant contributions to this world. MBA in Biotechnology makes you well acquainted with the basics of business and biotechnology and makes it easy for you to work in managerial positions in this industry. Scroll through this blog to know about MBA in Biotechnology courses, colleges, eligibility criteria, and careers!

Biotech is one of the choicest areas of study, especially for those wanting to explore lucrative careers in the Healthcare and Medicine sector. Research in Biotechnology has made many core contributions to medical science thus making it one of the rising sectors in this economy. MBA in Biotechnology is a 2-year postgraduate program focusing primarily on the business and managerial aspects of the Biotechnology industry. This course will help you learn the regulatory role of federal agencies as well as the involvement of different government bodies in this industry. It will also help students to learn the strategic, financial, and management side of the biotech industry.

Name of the Course	Master of Business Administration in Biotechnology
Course Level	Post- Graduation
Duration	2 Years
Examination Type	Semesters
Eligibility	Graduation in the field of Science, Medicine or Engineering
Admission Process	Entrance Based
Course Fee	INR 6-18 Lakh
Average Salary	INR 4- 15 Lakh
Popular Recruiters	Pharmaceutical Firms, Food manufacturing companies, Aquaculture and Agricultural companies to name a few.
Job Profile	Biotec Researcher, R&D Analyst, Research Associate.

Major Subjects Covered

Before opting for an MBA degree in Biotechnology, you must be familiar with the course offerings. Though the actual curriculum and syllabus varies from one university to another, here are the major subjects covered in MBA in Biotechnology:

Business Statistics	Marketing Strategy and Applications	Management Information Systems	International Business
Marketing Management	Cost And Management Accounting	Entrepreneurship Management	Management Control Systems
Principles Of Management	Human Resource Management	Fundamentals Of Production Planning And Control For Biotechnology	Environment Management And Ethics In Business
Financial Accounting	Legal Aspects Of Business	Foreign Language	Simulation And Optimization In Biotechnology
Business Law	Business Mathematics And Operations Research	Business Policy And Strategic Management	Safety And Hazard Management In Biotechnology
Organizational Behaviour	Application And Methodology Of Biotechnology	Intellectual Property Rights And Technology Transfer	R&D Management
Information Technology For Management	Financial Management	Human Resource Management In A Hi-Tech Environment	Innovation And Knowledge Management
Managerial Economics	Research Methodology And Foreign Language	Biotechnology Plant Management	Emerging Trends In Biotechnology
Introduction To Life Sciences And Biotechnology And Bioinformatics	Production Management	Production Management	Project Management And Final Project

Top Universities

As the Biotech industry keeps on rising, the number of universities offering specializations also keeps on increasing. Choosing an appropriate university is a difficult and important decision for that matter. Here are the top universities for pursuing MBA in Biotechnology abroad:

Name of the College/University	QS World Ranking
John Hopkins University	24
Husson University	751-800
University of Maryland	161
Brandeis University	497
Boston University	108
Columbia University	22
University of Colorado	317
University of California	44
Florida International University	751-800
Harvard University	5
Cornell University	20
University of San Diego	53
University of Southern California	134

Here are the major MBAs in Biotechnology colleges in India:

• All India Institute of Management Studies
• The Prestige Institute of Management and Research
• OPJS University
• NIMS University
• Amity University

MBA in Biotechnology Eligibility Criteria

The eligibility requirements for MBA in Biotechnology are as follows:

• A Bachelor’s degree in Biotechnology or a related field in Medicine or Engineering
• Candidates need to provide GMAT or GRE scores followed by group discussions and personal interviews. To get admission into Indian universities, you can also submit CAT, MAT, or XAT scores which are popular MBA entrance exams in India.
• If you are planning to study MBA in Biotechnology abroad, you will have to provide GMAT/GRE scores along with IELTS/TOEFL/PTE scores. Letters of Recommendation (LOR) and a Statement of Purpose (SOP) are also required.

MBA in Biotechnology: Admission Process

A student must fulfill the steps outlined below in order to be admitted to an MBA program in Biotechnology.

• Some institutions provide direct admissions based on academic performance and entrance exam results, but they are more likely to hold GD and PI interviews.
• All candidates will be chosen based on how well they perform in the entrance exam and/or other rounds. The weighted average of the admission exam, GD, and PI is 55–65% and 10–20%, respectively.
• The Admission process is a 5-step process: Entrance Exam- Application to colleges- GD & PI- Verification-Enrollment.

MBA in Biotechnology: Entrance Exams

Name of the Exam	Registration Date	Exam Date
NMAT	December 01, 2022- May 21, 2023.	January 04, 2022-May 31,2023
CMAT	December 26- February 25, 2023	March 26, 2023
MAT (February Session)	December 27- February 14, 2023 (PBT Mode) December 27-February 21, 2023(CBT Mode) December 27- February 27, 2023 (CBT Mode)	February 19, 2023 (PBT Mode) February 26, 2023 (CBT Mode) March 04, 2023 (CBT Mode)

MBA in Biotechnology Careers & Salary

There are numerous areas and sectors you can explore after completing your MBA Biotech course. The most popular employment areas for MBA in Biotechnology graduates are:

Job Profile	Annual Remuneration (INR)
R&D Analyst	7.00 – 8.00 Lakh
Biotechnology  Researcher	10.00- 12.00 Lakh
Manufacturing Manager	6.00- 8.00 Lakh
Quality Check Analyst	9.00- 12.00 Lakh

Here are the major job prospects you can pursue after completing your MBA in Biotechnology:

• R&D Executive
• Market Research Analyst
• Biotech Researcher
• Consultant
• Facility Manager
• Biochemist
• Process Development Specialist
• Quality Assurance Manager

FAQs

Hence, we hope that this blog helped you explore the essential details of MBA in Biotechnology. Want to pursue your MBA degree abroad? Our Leverage Edu experts are here to lend you helping hand in selecting the right course and university as well as sorting out the admission process! Sign up for a free session with us today!