The pharmaceutical industry is focused on the discovery, development, manufacturing and marketing of new and better medicines. Due to the increased life expectancy, growing awareness about healthcare, rising economy, the emergence of lifestyle diseases, affordability of medicines, health insurance schemes, the Pharmaceutical Industry has grown rapidly over time.
If you are thinking to build your career in this industry, you should opt for PGDM in Pharmaceutical Management. There is a plethora of opportunities and scope after pursuing the course that will help build your business knowledge and skills.
PGDM in Pharmaceutical Management allows you to extend your knowledge of pharmaceutical sciences for the purpose of the pharmaceutical business. Also, this course will enable you to nurture your business management skills with a proper understanding of the key business issues.
Moreover, students are trained in pharmaceutical management, technology management, and some advanced business concepts of this industry during this study of course.
Here are some specifications related to this course and industry:
For pursuing PGDM in Pharmaceutical Management candidates must have a Bachelor’s degree in Pharmacy or graduation in any of the life sciences from a recognized university, and the passing score should be a minimum of 50%.
It is mandatory to have appeared for any ONE of the 7 National Tests like CAT, MAT, CMAT, GMAT, XAT, CET, ATMA.
Also, students who are currently pursuing their bachelor’s degree can apply for this master’s program.
It is a 2-year full-time course divided into 6 semesters. The subjects in each semester are perfectly balanced between specific knowledge of the pharmaceutical industry and skills that are requisite for management.
subjects comprise a wide variety of areas such as Pharma Business Environment, Pharma Brand Management, Marketing Strategy, Customer Relationship Management, Business Communication, Marketing and Sales Management, Digital Marketing besides the core management subjects of Finance, Economics, HR & IT and Entrepreneurship.
PGDM in Pharmaceutical Management course can provide different kinds of scientific disciplines, which plays a vital role in the modern pharmaceutical world. This course also provides you with in-depth knowledge about the safe and effective utilization of pharmaceutical remedies and management skills.
Due to the broad scope, there are many areas in which one can get placed after successful completion of the course. Here are some of the most common career options after completing PGDM in Pharmaceutical Management:
Now you may have understood the course specifications, so it’s the perfect time to know the benefits of pursuing this course.
It is an ever-growing ‘sunrise’ industries which are fastest growing and constantly in search of expertise. Hence you will have many job opportunities and paths to choose. It offers opportunities to scale to the top positions.
There are multiple challenges in this fastest-growing industry, starting from finding a solution to keeping updated with new technologies to overcome obsolescence and counter new emerging diseases.
The Pay you receive entirely depends on the department and the role you choose. However, the average pay for this industry is excellent.
The PGDM in Pharmaceutical Management course at IES MCRC is a perfect blend of theories and practices. The subjects covered in the course curriculum of IES Management College develop the required skill sets and practical knowledge needed for a bright future in this domain. You can visit the website and apply now for the complete information about the course.