Looking for the Best MBA in Biotechnology Colleges in India? then you have landed on right guide. Picking the correct specialisation for an MBA degree is a very important decision. Various disciplines in MBA courses could help students explore different sectors and areas in the world of management and business. One of the most unique courses in MBA is Biotechnology which also happens to be among the top branches of Biology.
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This subject combines two worlds of biology and technology to facilitate efficient production of services and products. This specific specialisation also makes it very easy for graduates to work in managerial positions in this industry.
MBA biotechnology is a 2- year postgraduate program that focuses primarily on managerial and business aspects of the industry. Additionally, India is home to some of the top most biotechnology colleges in the world which makes the course even more sought after among students. Most colleges offering MBA in Biotechnology come in the list of best MBA marketing colleges in India.
There are about 8 MBA colleges in India that offer Biotechnology. Out of these, 7 of these colleges are privately owned and 1 is owned by the government.
Why should you choose MBA Biotechnology?
MBA in Biotechnology is a two-year postgraduate degree that primarily deals with aquaculture and biotechnology business. It is an advanced course that involves studying about the application of microorganisms or microbes such as fungi, protozoa or algae. The course overall covers the fundamentals of both biology and business which is further applied in agriculture, food production and medicine.
Additionally, students graduating with an MBA in Biotechnology can find themselves a huge number of opportunities in various positions such as quality assurance manager, validation manager, biotechnology researcher, R&D Executive, facility manager, manufacturing manager and so much more. They can also expect an initial salary of about 3.6 Lakhs to 6.6 Lakhs annually.
Some of the top MBA in biotechnology colleges in India are also known to be the best globally, this causes the nation to witness large numbers of international students flocking to India to study this subject.
Eligibility Criteria for MBA Biotechnology
1. Graduation:
To pursue MBA in Biotechnology, students are expected to have completed a bachelor’s degree in fields related to science, medicine or engineering from a reputed and recognised institution. Apart from that, some colleges require scores of qualifying exams such as CAT, XAT, MAT, SNAP, CMAT etc. There is no upper age limit to obtain an MBA in Biotechnology, but some candidates must be at least 21 years old to sit for several MBA entrance exams.
2. Work experience:
Work experience may be one of the prerequisites. However, there is no mandatory rule regarding work experience. But it is worth noting that students with work experience of at least 2 years in the field of research are often preferred over other applicants.
3. Group discussion and PI:
Additionally, some colleges that offer MBA in BioTechnology use personal interview rounds and group talks as extra selection criteria for their students. These highlight a candidate’s qualities, leadership abilities, and other attributes. This, however, depends on the college and their affiliations.
4. Proof of English proficiency:
Some universities may require documentation of English language competency from international applicants. This implies that in order for students to prove their proficiency in the English language, they must take the TOEFL or IELTS. The benchmark score varies based on the university.
Things to Consider While Choosing a MBA College
1. Ranking of the institute:
Students need to carry out detailed and thorough research of the ranking of the colleges that are offering MBA in Biotechnology. This is important since it could help students learn about their approvals from regulatory bodies and accreditation from various agencies. This ensures that the education institution meets the quality standards set by the academic community.
2. Alumni network:
It is always recommended to students that they pick a college that has an active and engaged alumni network. This is because it could offer students various benefits during and after the completion of their course. Additionally, an extensive and supportive alumni network could help students get mentorship opportunities after they graduate from MBA in Biotechnology.
3. Location of institute and campus:
Location of the campus plays a huge role in your course. It is always best to visit the campus before joining or search for it online. Another important factor that should be considered is the hostel fee for resident students in MBA in Biotechnology. Campus life is different for every institute and it plays a very important role in a student’s life and can be just as crucial as academics.
List of the Top MBA in Biotechnology Colleges in India
Here are some of the top MBA in Biotechnology colleges in India. Let’s have a look at them:
1. Amity University, Noida
MBA Biotechnology is a 2-year full-time program at Amity University, Noida. It is associated with Bharati Vidyapeeth University in Pune. The course here is taken by expert professionals who provide in-depth knowledge on financial matters related to biotechnology. They also educate their students about the natural procedures and frameworks for human development.
Amity University has nine universities across India with 14 international campuses. It has been ranked 28 under management studies by NIRF ranking in 2023. Students can also opt for distance education if full-time is not a feasible option for the students.
- Establishment year: 2005
- Average course fee: INR 3,30,000
- Accepted entrance exams: CAT/XAT/CMAT/GMAT/NMAT
- Placement package after graduation: INR 4,50,000
2. SIES College of Management Studies
SIES College of Management Studies is located in Mumbai. This college is quite famous among students since it has various degree and diploma programs including PG courses in part-time and full-time mode. One of their most popular courses is MBA Biotechnology. Additionally, the institute has modern infrastructure which includes hostels, cafeteria, auditorium, gym, hospital etc. Students can also choose between various courses such as science, IT software stream etc.
- Established year: 1995
- Average course fee: INR 1,75,000
- Accepted entrance exams: MAT/XAT/CAT/CMAT/ATMA
- Placement package after graduation: INR 7,28,000
3. D.Y Patil University, Mumbai
Dr. DY Patil University’s School of Management is located in Navi Mumbai. This university is popular among students who wish to pursue an MBA. However, one of the most popular MBA courses in this college is MBA Biotechnology. This is because the education imparted is top-notch and extremely interactive.
Moreover, it offers specialisations in other popular courses including finance, marketing, international business, hospital administration, aviation, and entrepreneurship. This college provides only full-time courses for their students.
- Established year: 2002
- Average course fee: INR 3,75,000
- Accepted entrance exams: DYPCET
- Placement package after graduation: INR 6,50,000
4. Department of Management Sciences, Pune
Department of Management Science or Savitribai Phule Pune University also known as PUMBA is one of the first management institutes of India. It offers various courses to its students such as BBA, executive MBA and PhD. One of the most popular courses available here is MBA in Biotechnology.
This is one of the biggest colleges with 414 acres of lush green surroundings of Savitribai Phule Pune University. The professors here have extensive knowledge in their respective departments. For MBA Biotechnology students, there are various research and project opportunities available.
- Established year: 2004
- Average course fee: INR 30,000 – INR 40,000
- Accepted entrance exams: MAT/XAT/GMAT/CAT/CMAT/ATMA/MAH CET
- Placement package after graduation: INR 7,60,000
5. Lovely Professional University
Lovely Professional University is a popular college in North India that offers various courses starting from undergraduate to Ph.D. programs. However, business programs are the most popular here. MBA in Biotechnology is a popular course in LPU.
Students from all over the globe flock to this university to study MBA in Biotechnology. Moreover, the professionals here are extremely talented and the alumni network is intense. Almost every student enrolled here is placed in top companies with a very high salary package.
- Established year: 2005
- Average course fee: INR 1,90,000
- Accepted entrance exams: MAT/CAT/CMAT/NMAT/XAT/LPUNEST
- Placement package after graduation: INR 5,00,000
6. All India Institute of Technology and Management, Chennai
All India Institute of Technology and Management is among the top MBA colleges in Chennai. This is one the top most colleges of India that provide business and management related degrees to students. MBA in Biotechnology is one of the most sought after degrees in this college. Students can choose between full-time courses, part-time courses and residential courses. Additionally, this college guarantees 100% placements to its students every year.
- Established year: 2004
- Average course fee: INR 60,000
- Accepted entrance exams: CAT
- Placement package after graduation: INR 3,00,000 to INR 4,00,000
7. The Prestige Institute of Management and Research, Indore
The Prestige Institute of Management and Research or PIMR isa prestigious business school of India. With a degree in MBA in Biotechnology, students can open doors to various opportunities in the world of marketing and biology. With an elite team of professionals, there are tons of researches and projects that enrolled students can participate in to gain skills and practical knowledge in the world of Biotechnology and marketing.
- Established year: 1994
- Average course fee: INR 1,19,000
- Accepted entrance exams: GMAT
- Placement package after graduation: INR 3,00,000 to INR 4,00,000
8. NIMS University, Jaipur
NIMS University is a private medical and technical university in Jaipur. It is one of the top MBA in Biotechnology colleges in India. It offers courses in other disciplines such as medical, engineering, paramedics, physiotherapy, fashion, law, management and so much more. This renowned college has a lot of alumni networking which vastly help students in jobs after graduation.
- Established year: 2005
- Average course fee: INR 1,19,000
- Accepted entrance exam: GMAT
- Placement package after graduation: INR 3,00,000 to INR 4,00,000
Future of MBA
There are a lot of opportunities that are open for students who graduated with an MBA in Biotechnology. There are a lot of companies that hire students having skills in the scientific world along with management skills. Private and government companies are leading sectors that provide many advantages to students wishing to pursue a career in either of these departments.
Outstanding developments are being witnessed across the nation and globe alike. This shows the growth in entrepreneurial skills in the Department of Life Sciences. This industry is especially on the lookout for young minds since they are believed to have the ability to transform the industry and advance science.
Statistically, India has witnessed a growth of 14% from 2020’s $70.2 billion to $80.12 billion. Moreover, it is being assumed that the sector will witness a growth in health-conscious citizens. The number of start-ups in India in the field of biotech has risen from 50 to 50,000 in the last eight years. It is predicted that in the next 4 years, it will generate about $150 billion minimum.
Frequently Asked Questions
1. What is an MBA in Biotechnology?
MBA in Biotechnology is a two-year postgraduate degree course that primarily deals with biotechnology and aquaculture-related business. It is more of an advanced course that allows students to study the application of microorganisms and microbes.
2. Who is eligible for an MBA in biotechnology?
Anyone with a graduate in departments related to science or engineering with a minimum aggregate of 50% from a recognized university can apply for an MBA in Biotechnology.
3. What is the entrance exam for MBA in Biotechnology?
Admission to MBA in Biotechnology is determined by various entrance exams including CAT, XAT, and MAT. Depending on the results, students can apply for the program in their preferred college.
4. What is the salary of an MBA fresher in Biotechnology?
Students graduating from MBA in Biotechnology have various opportunities after completion of education. The average CTC offered to such students could be from 3-14 Lakhs per year. Ranbaxy, Cipla, Dr. Reddy’s, Bharat Biotech etc. are some of the top most recruiters of MBA Biotechnology degree holders.
5. What are the benefits of completing an MBA in Biotechnology?
Once a student completes the program, there are tons of opportunities in various departments such as agriculture, chemical industry, pharmaceutical companies, research and development centres, research laboratories, and allied industries.
Conclusion
Some of the top companies hire students from various universities for different MBA Biotechnology job roles in sectors such as health care, the food industry, pharmaceutical firms, industrial research and development, and plenty more. It is true that there is a growing demand for students graduating with an MBA in Biotechnology and could certainly be a great opportunity for people who want to build a career in this field.
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