Best MBA in Pharmaceutical Management Colleges in India

MBA in Pharmaceutical Management Colleges in India

Looking for the Top MBA in Pharmaceutical Management Colleges in India? then you are at right article. Pharmaceuticals play quite a major role in the public health of the nation. People with a background in pharma and business possess huge skills which are highly sought after by various companies.

This industry offers promising careers for graduates. There is a constant demand for drugs and healthcare solutions which provides a stable career for those people interested in science, business, and healthcare. 

An MBA in pharmaceutical management works with science and business to help students work in the pharmaceutical industry. This course was designed to help individuals earn knowledge and skills that are primarily required to excel in the pharmaceutical industry. This program blends the basics of business management with skills related to the pharmaceutical sector, preparing students to work efficiently within this field. 

There are about 80 MBA in Pharmaceutical management colleges in India. From these, 66 colleges are privately owned and 5 of them are owned by public and government organisations. 

Why should you choose an MBA in Pharmaceutical Management?

Pharmaceutical management at the postgraduate degree program couples traditional business-related education with a major focus on skills related to the pharmaceutical and healthcare industries. This course equips students with the theoretical and practical knowledge needed to excel in leadership, management, and decision-making roles within biotechnology firms and healthcare organisations.

This degree opens doors to a wide range of career options in various departments such as pharmaceutical marketing, regulatory affairs, supply chain management, and strategic planning. Moreover, this degree builds skills and abilities in a student that will help students navigate complex frameworks, make decisions related to data, and lead teams professionally. Students aspiring to build a career in pharmaceuticals can do it by combining their passion with strategic business skills. 

It also teaches students the principles of pharmaceutical sciences and how to use different business strategies to turn a profit and run the sector effectively. The scope and salary of a pharma MBA are very attractive. Hence enabling students to build a bright future in this field. 

Eligibility Criteria for MBA in Pharmaceutical Management

1. Graduation: 

Students who choose to pursue an MBA in Pharma should be expected to have graduated from a reputable and well-respected university with a bachelor’s degree in science, medicine, or engineering. In addition, the results of qualifying tests like the CAT, XAT, MAT, SNAP, CMAT, etc., are required by certain universities. While there is no maximum age to earn an MBA in pharma, some applicants must be at least 21 to take some MBA admission tests.

2. Work experience: 

One of the requirements can be prior work experience. On the other hand, employment experience is not required by law. However, it is important to remember that applicants are frequently given preference over others who have at least two years of job experience in the research sector. 

3. Group discussion and PI: 

Furthermore, several universities that offer an MBA in Pharma employ group discussions and rounds of individual interviews as additional selection criteria for their candidates. These draw attention to a candidate’s strengths, capacities for leadership, and other characteristics. However, the college and its ties will determine this.

4. Proof of English proficiency: 

International applicants may be required by certain colleges to provide proof of their English language proficiency. This suggests that students need to take the TOEFL or IELTS in order to demonstrate their English language skills. The benchmark score is university-specific.

Things to Consider While Choosing a MBA College

1. Ranking of the institute:

Students should conduct extensive and in-depth research on the universities that score highest for MBA programs in pharmacy. This is significant since it may provide students with information about their accreditation from different organisations and regulatory body approvals. By doing this, the academic community’s quality criteria are met by the educational institution.

2. Alumni network:

Students are always advised to select an institution with a vibrant and involved alumni network. This is due to the fact that it may provide a range of advantages to students both during and after their education. Furthermore, after receiving their MBA in Pharma, students may be able to find mentorship possibilities through the broad and encouraging alumni network.

3. Location of institute and campus:

The campus’s location is very important for your course. It is usually preferable to look it up online or visit the school before enrolling. The cost of the hostel for resident MBA in Pharma students is another significant element that needs to be taken into account. Every institution has a unique campus life that is highly significant to students’ lives and sometimes even more so than academics.

List of the Top 10 MBA in Pharmaceutical Management Colleges in India 

Here are some of the top MBA in Pharmaceutical Management Colleges in India. Let’s have a look at them: 

1. NMIMS, Mumbai

NMIMS, Mumbai
NMIMS, Mumbai

NMIMS Mumbai was the first ever deemed university that was recommended by UGCC. This university offers management courses for students with various specialisations in various fields such as finance, business, management, pharma, aviation, etc. MBA in Pharma is a 2 year full time program at NMIMS University.

This course here is taken by expert professionals who impart in-depth knowledge to their students. Additionally, the college emphasises on applying theoretical knowledge to practical situations by exposing students to various projects, events and research programs. It is among the top ten MBA colleges in Mumbai. 

  • Establishment year: 1981
  • Average course fee: INR 17,50,000
  • Accepted entrance exams: CAT/XAT/CMAT/GMAT/NMAT
  • Placement package after graduation: INR 18,40,000 to INR INR 34,72,000

2. SIES School of Business Studies, Mumbai

SIES School of Business Studies, Mumbai
SIES School of Business Studies, Mumbai

SIES School of Business Studies has been ranked 21 by the Times Business School survey in 2023. The popular courses offered by this institute are PGDM, PGDM biotechnology, and PGDM Pharmaceutical Management among many others.

However, one of the most sought-after courses in this college is MBA in Pharma. This is because the education given out is top-notch and extremely interactive with aspirants. This institute also offers specialisations in various other departments such as HR, finance, management, operations, information technology, and business analytics. This college provides full time, part time and residential courses to its students. 

  • 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. Panjab University, Chandigarh

Panjab University, Chandigarh
Panjab University, Chandigarh

Panjab University Chandigarh or PUCHD is a public research university located in Chandigarh. It is one of the oldest universities in India with its high standards of teaching and research. This college offers more than 850 courses in 78 departments at various undergraduate, postgraduate, and PhD levels. One of the most popular courses offered by this university is MBA in Pharma. Students are exposed to quality education and services that enable them to grow in their careers. Additionally, this institute guarantees 100% placement every year. 

  • Established year: 1882
  • Average course fee: INR 2,39,800
  • Accepted entrance exams: CAT/MAT/GMAT
  • Placement package after graduation: INR 6,50,000

4. D.Y. Patil University’s School of Management

D.Y Patil University, Mumbai
D.Y Patil University, Mumbai

D.Y. Patil University’s School of Management or DYPUSM is one of the best universities offering BBA and MBA courses in India. It is one of the most sought-after colleges in India since it offers quality education to all students. The curriculum here motivates the students to also efficiently combine theoretical knowledge with practical ones to develop their skills in the field of business and pharmacy. 

  • Established year: 1983
  • Average course fee: INR 5,60,000
  • Accepted entrance exams: CAT/CMAT/ATMA/MAH CET
  • Placement package after graduation: INR 7,00,000 to INR 10,04,000

5. Institute of Health Management Research, Bangalore

Institute of Health Management Research, Bangalore
Institute of Health Management Research, Bangalore

Institute of Health Management Research in Bangalore is one of the top institutes for hospital and health management education in the whole of south India. IIHMR offers various flagship programs in hospital and health management, of which MBA in Pharma is one of the most popular ones.

Moreover, the placement cell of IIHMR Bangalore is known to organise on campus and off campus interviews for students to help them gain more opportunities. With a collective strength of 70 faculty members across the institutes at Bangalore, Delhi and Jaipur, this college is easily one of the best colleges for business and pharma related studies in India. 

  • 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, Chennai
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 4,26,400
  • Accepted entrance exams: CAT/XAT/MAT/ATMA/KMAT/GMAT
  • Placement package after graduation: INR 6,50,000 to INR 24,00,000

7. Shoolini University, Solan 

Shoolini University in Solan is a private university approved by UGC, AICTE, BCI, and PCI. It is ranked at 73rd position among all universities in India. It offers UG, PG, and PhD programs to students in various fields of management, science, law, agriculture, food technology, engineering, design, liberal arts, etc. Moreover, this university has global tie-ups with more than 250+ universities. Students can also choose from online and distance education programs to undergo their education efficiently.

  • Established year: 2009
  • Average course fee: INR 4,42,000
  • Accepted entrance exams: GMAT/CAT/GATE/MAT/XAT
  • Placement package after graduation: INR 8,00,000 to INR 18,00,000

8. Chitkara University, Punjab

Chitkara University is a private university situated in Punjab. It offers a huge range of undergraduate, doctoral programs, and postgraduate courses in full-time and part-time flexibility to its students. The admission here is quite selective hence students have to clear national or regional level entrance examinations along with a group discussion and personal interview. MBA in Pharma is one of the top courses offered here and produces highly qualified graduates every year. 

  • Established year: 2002
  • Average course fee: INR 1,10,000
  • Accepted entrance exam: GMAT/CAT/MAT/XAT
  • Placement package after graduation: INR 7,50,000 to INR 40,00,000

9. Jamia Hamdard University, New Delhi

Jamia Hamdard University, New Delhi
Jamia Hamdard University, New Delhi

Jamia Hamdard University offers 86 undergraduate and postgraduate courses including doctoral courses. MBA in Pharma is one of the most dominated courses there since the placements for this department via the college is quite high. Moreover, there are various projects and researches that are conducted in this university that could potentially help students gain a new perspective on things. 

  • Established year: 1989
  • Average course fee: INR 2,40,000
  • Accepted entrance exam: GMAT/CAT/MAT/XAT
  • Placement package after graduation: INR 3,50,000 to INR 70,20,000

10. JIS University, Kolkata

JIS University, Kolkata
JIS University, Kolkata

JIS University in Kolkata is ranked 76 in India among colleges. It offers various courses in the field of science ,engineering, pharmacy and management departments for undergraduate and postgraduate students. MBA in Pharma students witness high salary packages that the college witnesses every year. A lot of top companies like Dr. Reddy’s, borosil, Palsons Derma, Cipla etc. are the potential employers for graduates. 

  • Established year: 2014
  • Average course fee: INR 2,59,800
  • Accepted entrance exam: GMAT/CAT/MAT/XAT
  • Placement package after graduation: INR 2,11,000 to INR 4,00,000

Future of MBA

After earning an MBA in pharmaceuticals, students have access to a wide range of options. Many businesses employ students with scientific background knowledge in addition to management abilities. Leading industries in both the public and private sectors offer numerous benefits to students interested in pursuing careers in these fields.

Remarkable advancements are being observed both domestically and internationally. This demonstrates how the Department of Pharmaceuticals’ entrepreneurial talents have grown. This industry is particularly interested in young people because it thinks they can change the industry and progress research.

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 the scope of an MBA in pharmaceutical management?

A career in MBA pharmaceutical management offers a great career path to students. In this course students develop many skills like strategic planning, regulatory compliance and market analysis thus enabling them to demonstrate themselves better. 

2. What is the average salary for an MBA in pharmaceutical management?

The average salary package for MBA in a pharma based company ranges from about INR 3,00,000 to INR 10,00,000 every year. 

3. Who is eligible for an MBA in pharmaceutical management?

For admission to an MBA program in pharmaceutical management, candidates must have finished their undergraduate degrees in any relevant field, such as BBA, BA, B.Sc., B.Com., or BCA, with a minimum average of 50% of the possible points from an accredited university.

4. Which MBA program is ideal for the pharmaceutical sector?

One of the greatest MBA programs in pharmaceuticals for both career and personal development is the MBA in Pharmaceutical Management. Enrolling in the pharmaceutical MBA program has numerous advantages.

5. Do pharmaceutical firms employ MBAs?

Professionals with an MBA can pursue a wide range of opportunities in the pharmaceutical sector. There is a need to hire people with skills in business because the pharmaceutical industry employs a lot of people with degrees in research, chemistry, and medicine.


For numerous MBA in Pharmaceutical Management employment opportunities in industries including health care, food, pharmaceutical corporations, industrial research and development, and many more, some of the best companies recruit students from different colleges. It’s true that more and more people are choosing to pursue careers in pharmaceutical management, and this presents a fantastic chance for those who wish to pursue such a path.

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