MBA in Biotechnology

4 minute read
MBA in Biotechnology

Choosing the right specialization for your MBA degree is a crucial decision. There are numerous interdisciplinary specialisations available for MBA courses to help students explore different sectors and areas with a sought-after degree like an MBA. One such unique specialisation 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 efficient production of products and services. Biotechnology combines a number of disciplines and continues to make very significant contributions in 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!

Course Overview

Biotech is one of the choicest areas of study especially those wanting to explore lucrative careers in Healthcare and Medicine sector. Research in Biotechnology has made many core contributions to medical science thus making it one of the most 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.

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 keep 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:

Here are the major MBA 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 interview. 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 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:

  • Pharma sector
  • Agriculture sector
  • Medicine
  • Animal Husbandry
  • Waste Management
  • Food Processing

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

The average salary for MBA in Biotechnology graduates is somewhere between 3 Lakhs to 4 Lakhs. However, with experience and time, there is no saying how up it can go. There is a great demand for people in this industry and with time it will only go up.

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!

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