MBA Pharmaceutical Management offered at NMIMS SBM Mumbai is a two –years, full-time domain specific MBA course. MBA Pharmaceutical Management concentrates on preparing the students to enter the pharmaceutical industry. This programme started in 2003 and is sixteen-years-old. Unlike the National Ranking of MBA Programme offered by various B-Schools, there is no formal ranking for this sector-specific program. However, MBA Pharmaceutical Management Programme offered by SVKM’s NMIMS School of Business Management is ranked number one in the country and is one of the earliest pharma focused programmes in the country. This programme is well recognised and well received by the industry.
The objective of MBA Pharmaceuticals Management course is to develop students, over the period of two years, engaging in multi-disciplinary management courses through rigorous fieldwork and academics, for managerial positions in the Pharmaceutical Industry.
After completion of the programme, students will join the industry in various sectors such as Pharmaceuticals, Medical Devices, Market Research, Consultancy, IT Healthcare Verticals, Diagnostics, Medical Communication, Nutraceuticals and other allied healthcare sectors.
The profiles are offered with good packages for the graduates and include the areas of Sales, Marketing, Business Analysis, Project Management, Client Servicing, Business Development, International Marketing, Operations among others. Some of the NMIMS SBM Mumbai MBA Pharmaceutical programme graduates are working in international assignments across the globe in the US, EU, Asia Pacific, Middle East, Latin America and Africa
Particulars | Details |
---|---|
Program Type | MBA/PGDM |
Program Name | MBA Pharmaceutical Management |
Residential/Non-Residential | Residential |
Specialization Offered | Pharmaceutical |
Duration | 24 Month |
Mode of Study | Full Time |
Seats | 120 |
Fees | Rs. 16.00 Lakhs |
Average Salary | Rs. |
Approved/Accredited by | AACSB, UGC |
Publisher | Rank Year | Rank |
---|---|---|
NIRF | 2024 | #21 |
MBAUniverse.com | 2024 | #12 |
Business Today | 2024 | #8 |
NMIMS SBM Mumbai MBA Pharmaceutical Management programme curriculum is spread over two years and is divided in six Trimesters. The programme offers specialization in key areas.
The first year of the programme is divided in three Trimesters and covers 61.5 Credits from total 33 courses. There are Value added workshops (Non Credit) on Taking a Brand OTC; Career Planning, and Corporate Compliance. In the second year, students will focus on various specialization areas from Trimester IV to VI. The second year covers 52.5 Credits from total 28 courses. Students spend 8 weeks of summer Internship with Pharmaceutical, Medical Communication or Medical Devices Companies.
Every week, in addition to academics, one full day is devoted to fieldwork in every trimester involving visits to Doctors, Patients, Retailers, Wholesalers, Medical Sales Representatives and Area Sales Managers. In the first year, over 18 field projects are carried out as part of experiential learning. Total Field work exceeds 180 hours and requires an additional 100 hours of data analysis. Students carry out multiple projects throughout the two years, both as a part of their curriculum and for the corporates.
The key specialization areas in MBA Pharmaceutical Management include Communication, Economics, Finance, Human Resource and Behavioral Sciences,
Business Environment and Strategy, Information System, Marketing, Operations and Decision Sciences.
The pedagogic approach includes Lectures, Case-discussions, mainly Harvard and Indian cases developed by NMIMS faculty, Live experiential outbound learnings, Workshops, Role plays, Video-based discussions and field work which are extensively incorporated in this programme to impart knowledge and skills.
Eligibility criteria for NMIMS SBM MBA Pharmaceutical admission are as below:
Eligibility | Details |
---|---|
Education Requirements | Bachelor's Degree, with at least 50% marks or equivalent CGPA |
Exam Accepted | NMAT |
Work Experience | - |
Fees Component | Amount |
---|---|
Tuition Fee | Rs. 16.00 Lakhs |
Total Fees | Rs. 16.00 Lakhs |
Application complete in all respects should be submitted online at NMIMS SBM website with an application fees of Rs.2800. This fees is apart from the NMAT exam fee of Rs.3000
For admission to NMIMS SBM Mumbai MBA Pharmaceutical programme, step by step process to fill and submit application to NMIMS Mumbai is as below:
The admission process of the two year full time MBA Pharmaceutical Management Program at SBM NMIMS Mumbai has following steps:
Step-1: Register and apply for NMAT exam. You should Register with NMIMS before your scheduled date of exam or NMIMS last date whichever is earlier. For example, if your first take of NMAT exam is scheduled on 15th November, you should apply for NMIMS MBA admission on or before 14th November. You can retake NMAT exam, but NMIMS will consider only first take of NMAT by GMAC score in admission process
Step-2: Apply to NMIMS before Your first Take of NMAT exam date. NMIMS will accept only first take of NMAT exam score. NMAT Retake exam scores will not considered for shortlisting and for further selection process.
Step-3: Check Short-list on the basis of NMAT Score. Expected NMAT cut off score for NMIMS SBM MBA Pharmaceutical Management is 200
Step-4: Appear in NMIMS Pharma Aptitude Test
Step-5: Participate in CD-PI, the "Final Selection Round"
Step-6: Check Final Merit List
Exam | Percentile | Score/Maximum Score |
---|---|
NMAT | 200/360 |