M.Pharma in Drug Store Business Management is an MBA course that is picking momentum among Pharma enthusiasts. It is one of the most popular Master’s pharmaceutical courses in India. The reason behind this course’s popularity is that it is an interesting cross between two very different disciplines. During the MBA Course in Pharmaceutical Management, a student learns Pharmaceutical concepts that are skillfully integrated with Management fields.
The Pharmaceutical Industry, globally, has seen a vast improvement in terms of sales as well as medical developments. M.Pharma in Drug Store Business Management The Indian Pharmaceutical Industry has seen rapid growth over the years and is predicted to grow both in terms of sales volumes as well as market sizes.
M.Pharma in Drug Store Business Management Highlights
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Course Level |
Post Graduation |
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Full-Form |
M.Pharma in Drug Store Business Management |
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Duration |
2 Years |
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Eligibility |
MBBS/ BDS/ BAMS/ BHMS/ BUMS/ B.Pharma/ BVSc/ BSc Life Sciences/ BSc Biology/ BSc Biochemistry/ BSc Nursing/ BMLT/ BPT/ BTech (Bio-Tech.) with minimum 55% marks |
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Admission Process |
Merit or Entrance Based |
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Average Salary |
INR 3 LPA - INR 5 LPA |
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Job Profiles |
Researcher in laboratory, Academician, Assistant Lab Technician, Immunologist, Neuroscientist, Endocrinologist etc |
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Top Recruiters |
Clinical Laboratories, Medical Colleges or Universities, Hospitals, Medical Research Units, Biotechnological Companies, Pharmaceuticals Industry etc |
Eligibility Criteria for M.Pharma in Drug Store Business Management
1. The interested candidate must have an undergraduate degree that is a minimum of 3 years with at least 50 percent marks in aggregation, from a recognized educational institution.
2. The candidate must have studied any of the following subjects: Botany, Chemistry, Physics, Biology, Zoology, Biotechnology, Biochemistry, Pharmacy, Medical Sciences, Agriculture, Ayurveda, Applied Sciences, and B.Sc., Management, among others.
3. Work experience is preferred by a few institutions but is not compulsory.
Admission Process
1. Colleges publish admission notices on their website from June when most Indian universities would have finished degree exams.
2. Candidate to apply for each college, as each college considers each mark the cut-off mark.
3. Some private colleges and deemed universities perform their counselling process by conducting their university-level entrance exams.
4. Some colleges require a minimum of 50% aggregate in the qualifying examination.
5. Candidates who qualify for the test are called for an interview before the final seat allotment.
6. Paramedical Admission is done on the basis of both Entrance Exams as well as the basis of Merit. Various Entrance Exams such as UPSEE, GPAT, NEET etc are conducted to enrol students for Paramedical courses.
Career after M.Pharma in Drug Store Business Management
After completing the course person can get employment opportunities as a Pharmacist in private and government hospitals. A person can work in health clinics, NGOs, community health centers. A person can work as Medial Representative. The course also enables a person to get an entry-level job in pharmaceutical companies at various divisions like Process Control, Manufacturing, and Quality Control.
If a person is equipped with an entrepreneurial spirit, he/she can open their own retail pharmacy outlet, wholesale business, or surgical items shop. There is also the scope of higher studies after D. Pharma. A person can directly apply for the second year of Bachelor of Pharmacy (B. Pharma), after completing the Diploma in Pharmacy course.
In India, the starting salary for an MBA (Pharmaceutical Management) qualified is around Rs.2.5 to 3.5 lacs per annum. The salary package offered in this field will also depend upon the recruiters and from where you have taken education.
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Job Profile |
Description |
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Market Research Analyst
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This job profile’s responsibilities include collecting clientele information as well as information of competitors and well as other market forces. As the title suggests, the job holder must collect data and process it into business insights that would aid in achieving business targets and organisational goals. He/She is the backbone of any Pharma Company as the company’s operations depend on the research conducted by him/her. |
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Quality Assurance Manager
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The importance of Quality Assurance has picked up pace in the present Indian market, given the increase in the number of faux drugs and pharmacies. Quality Control and timely examination of a pharma company’s drugs and products are some of the many responsibilities a quality assurance manager has. He handles permission controls during the time of manufacturing, to ensure approved and healthy production is practiced. |
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Drug/Pharmaceutical Store Supervisor
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A drug store supervisor is a drug specialist who needs to manage the everyday operations of the drug store. He deals with the orders and looks after records. He is in charge of administering solutions by following standard functioning systems for accepting, filling, dispensing, logging, and keeping up the loss check controls. |
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Drug Inspector |
The drug inspectors work to guarantee that items are secure for human utilization. Their fundamental duty is to inspect sustenance or pharmaceuticals at different phases of the assembling procedure to guarantee quality norms are being met. The experts likewise promote, taking advanced positions as consumer safety officers who usually are in charge of enacting the security methodology and outlining examination systems for pharmaceutical items. |
M.Pharma in Drug Store Business Management: FAQs
Ques. How long does it take to complete Pharmaceutical Management?
Ans. The M.Pharma in Drug Store Business Management is 2 years of duration the candidate can seek jobs.
Ques. After the Pharmaceutical Management course which Scope in the Private sector?
Ans. There are numerous opportunities for Pharmacy graduates in the private sector. Some popular employment opportunities in the private sector are pharmaceutical marketing, quality control, production, pharmacist, etc. Today, there is a great demand for skilled pharmacists in private hospitals and drug manufacturing companies.
Ques. What is the starting salary can B.pharm graduates expect?
Ans. The salary of a graduate depends on various factors like place of employment, specializations, place of education. But generally, B.pharm graduates can expect to receive between 10000-18000 INR per month.
