MBA Biotechnology Management Course
MBA Biotechnology Management is a 2-year postgraduate degree course in Biotechnology which teaches the fundamentals of both business and biotechnology. The syllabus is designed to provide an understanding of the economics driving this emerging technology.
The MBA in Biotechnology Management program offers companies in the fields of biotechnology and aquaculture. Biotechnology is an advanced field that allows us to study the clinical software of microorganisms or microbes, including fungi, protozoa, algae, and viruses.
An MBA in biotechnology provides information about macroscopic living organisms, including humans, plants, and animals. The entire major covers the fundamentals of any manufacturing and biotechnology business, and its programs are widely used in agriculture, food production, and medicine.
Course Highlights for MBA in Biotechnology Management
Tabulated below are some of the highlights of the course:
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Particular
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Value
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Course Name
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Master of Business Administration in Biotechnology Management
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Course Level
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Postgraduate
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Course Duration
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2 year
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Examination Type
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Semester based
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Eligibility Criteria
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Graduation in the field of Science, Medicine, or Engineering with a minimum of 50% from a recognized university
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Admission Process
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Entrance/Merit-based
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Age
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No age limit
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Job Profiles
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Health care Analyst, Validation Manager, Quality Assurance Manager, Biotechnology Researcher, Biotech Consultant, Quality Control Analyst, Research Assistant, Associate Scientific Manager, Biotechnology Expert, Industry Analyst, Lab technician, Research analyst, Biotechnology Researcher, Analyst, Product Manager, R&D Executive, etc.
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Employment Area
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Aquaculture and Agricultural companies, Specialized Biotechnology Companies, Pharmaceutical firms, Food manufacturing companies, etc.
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Top Recruiters
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Pharmaceutical Firms, Food manufacturing companies, Merck & Co. Eli Lilly, Bayer, Novartis, Johnson & Johnson, GVK Biosciences Pvt Ltd, Abbott Laboratories, Roche, etc.
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Why Study an MBA in Biotechnology Management course?
The MBA in Biotechnology affords perception into control and coverage problems associated with the biotechnology industry. This subject is an unexpectedly developing zone inside the world’s financial system that serves as a possibility for people who are interested in supporting mankind.
This enterprise gives top-notch potential, and it wishes certified commercial enterprise executives with the information and understanding to flow improvements from the lab to the worldwide marketplace. In mild of this, it could be concluded that analyzing an MBA in Biotechnology course may be an interesting profession preference for those proceeding to transition from academia to industry.
Eligibility Criteria for MBA in Biotechnology Management
The eligibility necessities for an MBA in Biotechnology are as follows:
• A Bachelor's degree in Biotechnology or a related field in Medicine or Engineering
• Candidates want to offer GMAT or GRE ratings observed through organization discussions and private interviews. To get admission into Indian universities, you may additionally post CAT, MAT, or XAT rankings which might be famous MBA front checks in India.
Skills Required for MBA in Biotechnology Management
Candidates with MBA in Biotechnology can have extra task opportunities. They have thrilling possibilities inside the public and personal sectors. Students ought to have simple and technical competencies to achieve success in their careers. MBA applicants ought to be capable of comparing their strengths and weaknesses and making improvements. The talents had to be beneficial for the applicants pursuing an MBA in Biotechnology graduate in the elements below:
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Analytical Skills
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Time management Skills
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Leadership Skills
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Technical Skills
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Critical Thinking
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Leadership Skills
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Effective Communication Skills
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Multitasking Skills
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Organizational Skills
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Innovative Skills
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What are the MBA Biotechnology Management Subjects?
The table below shows the semester wise MBA Biotechnology subjects, followed commonly by all the top universities for the entire course duration
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Semester I
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Semester II
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Business Statistics
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Marketing Strategy & Applications
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Marketing Management
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Cost & Management Accounting
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Principles of Management
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Business Mathematics & Operations Research
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Financial Accounting
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Legal Aspects of Business
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Business Law
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Human Resource Management
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Organizational Behaviour
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Legal Aspects of Business
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Information Technology for Management
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Application and methodology of Biotechnology
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Managerial Economics
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Financial Management
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Introduction to Life sciences and Biotechnology & Introduction to Bioinformatics
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Research Methodology & Foreign Language
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Foreign Language
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Production Management
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Semester III
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Semester IV
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Management Information Systems
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International Business
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Entrepreneurship Management
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International Business
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Fundamentals of production planning and control for biotechnology
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Management Control Systems
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Foreign Language
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Environment Management & Ethics in Business
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Business Policy and Strategic Management
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Simulation and Optimization in Biotechnology
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Intellectual property rights and technology transfer
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Foreign Language
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Human resource management in a hi-tech environment
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Innovation and Knowledge Management
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Biotechnology plant management
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R & D Management
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Safety and hazard management in biotechnology
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Emerging Trends in Biotechnology
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Production management
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Project Management & Final project
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Admission Process for MBA in Biotechnology Management
A pupil ought to follow the stairs mentioned beneath as a way to be admitted to an MBA course in Biotechnology:
- Some establishments offer direct admissions primarily based totally on educational overall performance and front examination results, however, they're much more likely to preserve GD and PI interviews.
- All applicants might be selected primarily based on how nicely they carry out the front examination and/or different rounds. The weighted common of the admission exam, GD, and PI is 55–65% and 10–20%, respectively.
- The Admission process is a 5-step process: (a). Entrance Exam, (b). Application to colleges, (c). GD & PI, (d). Verification, (e). Enrollment.
Job & Placements for MBA in Biotechnology Management
MBA in Biotechnology graduates can pursue quite a few careers, inclusive of advertising and marketing and income manager, Human aid manager, finance manager, purchaser executive, studies scholar, lab technician, and assistant professor. Because of their excessive call for pinnacle companies, jobs in biotechnology after an MBA are greater in number. When graduates have reveled in the field, their earnings after an MBA in Biotechnology double, and they're rewarded with management positions in the organization.
Job Profiles for MBA in Biotechnology Management
Tabulated below are some of the top MBA Biotechnology jobs in India, along with the description of the role and average salary offered:
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Job Profile
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Job Description
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Lecturer
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The obligations of a lecturer consist of coaching a required quantity of classes, advising and supervising graduate students, taking part in departmental meetings, and supplying instructional help to Professors and different school members.
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Research Associate
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Research buddies study and validate its accuracy to make certain that the information produces significant information. They examine the information. After accumulating data, study analysts appoint mathematical, statistical, and analytical fashions to pick out styles that can imply commercial enterprise opportunities.
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R&D Executive
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R&D managers are responsible for doing research, planning, and implementing new protocols and programs in their organization. They also oversee the development of new products.
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Biotechnologist
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Biotechnologists use organic organisms to create and enhance merchandise and methods for agriculture, medicine, and conservation. They inspect the genetic, chemical, and bodily residences of cells, tissues, and organisms to discover business packages for them.
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Quality Assurance Manager
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Though the job profile varies, the typical duties of a Quality Assurance Manager include the complete cycle of quality procedures, standards, and specifications. They are also responsible for preparing the reports.
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Facility Manager
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The facility Manager is responsible for managing the design, planning construction, and maintenance of equipment required for biotechnological processes.
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Pharmacist
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Pharmacists are chargeable for making sure that drug treatments are provided according to the law. Making sure that the medicines prescribed to sufferers are appropriate. Advising sufferers approximately medicines, which includes the way to take them, what reactions may also arise, and answering sufferers' questions.
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Validation Manager
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The Validation Manager is responsible for checking the validation and maintaining coordination of the various machines and processes within a plant.
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Consultant
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Pharmaceutical experts offer recommendations to companies on drug improvement and sales. They have in-depth information on enterprise regulations, letting them help and allowing businesses to supply scientific remedies to the ones in need.
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Biotechnology Researcher
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Biotechnology Researchers mainly get to work as research technicians. They also are liable for putting in place units and the system that might be required for carrying out experiments. Senior researchers also analyze data and develop procedures.
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Manufacturing Manager
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The Manufacturing Manager is responsible for production operations associated with the manufacture of GMP Products.
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Top Recruiters for MBA in Biotechnology Management
MBA Biotechnology diploma holders are customary with the aid of using many firms, which give them respectable remuneration and assist them in constructing a hit career. Some of the top recruiters in this field are as follows:
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Aventis
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Bharat Biotech
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Venkateshwara Hatcheries
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Glenmark
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Aurobindo
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Abbott
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Biocon
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Piramal Group
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Rasi Seeds
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Wockhardt
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Panacea Biotech
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Cipla
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Dr. Reddy’s
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Ranbaxy
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Lupin
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Zydus
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Scope for MBA in Biotechnology
A Master of Business Administration in Biotechnology covers an extensive variety of subjects associated with biotechnology and bioinformatics, which includes company felony management, creation to existence sciences, biotechnology, and bioinformatics, the control of biotechnology plants, human resources, protection hazards, studies and improvement control, simulation, and optimization.
There are several alternatives for furthering one's schooling after finishing the MBA in Biotechnology program. Universities, businesses and group behaviour studies and certification packages to teach the general public approximately new biotech inventions. Aspirants with extra information can be rewarded for brand-new inventions. A UG or PG application will by no means cover the biotech course. It is an endless take look at global wide science.
Conclusion
It's true that biotechnology has shown positive results in industrial exposure in recent years, and there is a growing demand for professionals who can lead business development in this industry. An MBA in Biotechnology can certainly be a gateway for anyone who wants to build a career in this field, as it can provide the knowledge and skills needed to succeed in a competitive and globalized market.
MBA is the best option for anyone who wishes to continue their career in management and in the Biotechnology industry. With time Biotechnology industry has shown great growth all around the world. People with this degree can start their careers in top leading biotechnology companies, which will only grow in the coming years.