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!
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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|
|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|
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|
|University of Maryland||161|
|University of Colorado||317|
|University of California||44|
|Florida International University||751-800|
|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
- Facility Manager
- Process Development Specialist
- Quality Assurance Manager
The average fee required to study MBA in Biotechnology varies from INR 6.00 Lakh to 15.00 Lakh in India.
Cipla, Lupin, Glenmark, Abbott, and Biocon to name a few.
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!