PGDM in Pharmaceutical Management - IES's Management College and Research Centre, Mumbai

  • Years 1 Years
  • Type Course Post Graduate
  • stream Management
  • Delivery Mode

About Course

The PGDM with Specialization in Pharmaceutical Management is a full-time, two-year, AICTE-accredited program designed by industry experts to prepare students for jobs in hospitals, healthcare organizations and hospitals. The PG Pharmaceutical Management degree expands your knowledge of potions and the persuasive use of medicines. The course enables you to acquire up-to-date company information and pharmaceutical basics. The course is primarily designed to prepare qualified candidates for administrative positions in the pharmaceutical industry. In addition, it provides an opportunity to prepare for work on designing, operating management systems, advising and understanding management personnel issues. In the PG Diploma in Pharmaceutical Management course, students will be prepared for large companies with board initiatives, business ideas, leadership innovations and pharmaceutical administration. Students will also learn principles to meet the modern administrative needs of the pharmaceutical industry.

Course Highlights

Particulars Values
Course Name Post Graduate Diploma in Pharmaceutical Management
Course Level Post Graduate (PG)
Course Duration 2 Years
Examination Type Semester Based
Eligibility Criteria Graduation (in Pharmacy)
Admission Process Merit Based/ Entrance Based
Internship Yes
Entrance Exams CAT, MAT, ATMA, NMAT, XAT, CMAT, GMAT
Course Fee INR 10 to 25 LPA
Average Annual Salary INR 2.5 to 15 LPA
Top Recruiting Companies Dabur India Ltd., Ranbaxy Laboratories, Central Ware Housing Corp., Directorate of Industries & Commerce, etc.
Job Profiles Drug Distribution Manager, Sales & Marketing Manager, Production/ Operations Manager, Quality Control/Quality Assurance Manager, Medical Department Manager, Training and Development Manager, R&D Manager, Formulation Development Manager, Distribution & Supply Chain Manager, Exports & International Marketing Manager, Regulatory affairs Manager

Why Study PGDM in Pharmaceutical Management?

By implementing the PGDM in pharmaceutical management, every professional has the opportunity to increase their knowledge in the field of pharmaceutical sciences and the effective use of drugs. In addition, this course allows them to further develop their business management skills and understand the basics of pharmacy.

The main objective of the PGDM in Pharmaceutical Management is to prepare students for managerial positions in the pharmaceutical industry. It therefore includes courses to improve skills related to design techniques, consulting, problem solving and management. Additionally, this course trains students in pharmaceutical management, technology management, and advanced business concepts of this industry.

Eligibility Criteria

As a minimum admission requirement, the course requires the candidate to complete a B.Pharm./M.Pharm/PhD. in the pharmacy or BSc./MSc with work experience in the pharmaceutical sector in the commercial/marketing profile. Students who are waiting for the result of the final examination can also apply for admission.

Admission Process

The modalities of admission to the course may vary from institution to institution. Some institutions in the country conduct entrance tests and face-to-face interviews to assess and qualify candidates for admission. Students are usually selected on the basis of the results of the last aptitude test or the associated entrance test.

Skills Required for PGDM in Pharmaceutical Management

Following are the skills that a candidate must acquire for PGDM in Pharmaceutical Management:

1. Project Planning Skills

2. Transferrable Skills

3. Strategic Thinking and Creative Problem Solving

4. Management Skills

5. Awareness Of Industry Trends

6. Understanding of Regulations and Legal Matters

7. Conflict Resolution and Teamwork 

8. Relationship Building

9. Decision Making Skills

10. Problem Solving Skills

11. Communication Skills

12. Organizational Skills

13. Leadership Skills

14. Interpersonal Skills

15. Time Management

Entrance Exams for PGDM in Pharmaceutical Management

Following are the top entrance exams for PGDM in Pharmaceutical Management:

CAT CMAT
GMAT SNAP
NMAT XAT

Top Colleges Providing PGDM in Pharmaceutical Management 

Name of College Average Annual Fee (INR) Location
Andhra University, College of Pharmaceutical Sciences INR 10,000 Visakhapatnam, Andhra Pradesh
University Institute of Pharmaceutical Sciences INR 11,000 Chandigarh, Chandigarh
Maharshi Dayanand University INR 11,480 Rohtak, Haryana
Rashtrasant Tukadoji Maharaj Nagpur University INR 16,335 Nagpur, Maharashtra
Bombay College of Pharmacy INR 22,640 Mumbai, Maharashtra
Sinhgad Institute of Pharmacy INR 29,378 Pune, Maharashtra
National Institute of Pharmaceutical Education and Research INR 44,390 Mohali, Punjab
Goa College of Pharmacy INR 46,750 Panji, Goa
Kle College of Pharmacy INR 60,000 Hubli, Karnataka
Devi Ahilya Vishwavidyalaya INR 60,500 Indore, Madhya Pradesh
Jss College of Pharmacy INR 72,175 Mysore, Karnataka
Jamia Hamdard University INR 88,917 New Delhi, Delhi NCR
Poona College of Pharmacy INR 92,000 Pune, Maharashtra
Indian Institute of Technology INR 94,050 Varanasi, Uttar Pradesh
Institute of Chemical Technology INR 1,78,000 Mumbai, Maharashtra
Manipal College of Pharmaceutical Sciences INR 1,94,000 Manipal, Karnataka
Birla Institute of Technology INR 2,06,000 Ranchi, Jharkhand

Course Comparison

Parameters PGDM in Pharmaceutical Management MBA in Pharmaceutical Management
Course Name Post Graduate Diploma in Pharmaceutical Management Master of Business Administration in Pharmaceutical Management
Course Overview This course covers advanced healthcare concepts and processes, particularly the effective and safe use of medication. This course focuses on training qualified professionals for managerial positions in areas such as drug manufacturing, production management, pharmaceutical marketing, brand management, etc.
Course Duration 1 Year 2 Years
Course Level Post Graduate (PG) Post Graduate (PG)
Eligibility Criteria Graduation from a recognized university with a minimum aggregate score of 50% Graduation from a recognized university with a minimum aggregate score of 50%
Admission Process Merit/Entrance Based Merit/Entrance Based
Course Fee INR 10K – 25 LPA INR 1 – 10 LPA
Career Prospect Sales Manager, Drug Cost Accountant, Drug Distribution Manager, Sales & Marketing Manager, Pharmaceuticals Distributor, Self-Marketer, Market Researcher and Drug Developer Pharmaceuticals Distributors, Pharmaceutical Purchase Manager, Formulation Pharmaceutical Technology Scientist, Sales Managers, Consultant and project manager, Market researcher and analyst etc
Average Annual Salary INR 1 – 15 LPA INR 3 – 10 LPA

Abroad Jobs

Top International Recruiting Companies who hire PGDM in Pharmaceutical Management graduates are:

1. Abbott India

2. Lupin

3. Sun Pharma

4. Dabur India Ltd

5. Ranbaxy Laboratories

6. Central Warehousing Corp.

7. Infosys

8. Cipla

9. Piramal

Job Profiles

Some of the famous expert avenues open to successful graduates of the PGDM in Pharmaceutical Management degree are indexed underneath with the corresponding salaries provided for the respective positions.

Job Profiles Job Description Average Salary in INR
Sales Manager Sales managers lead a sales team by providing guidance, training and mentorship, setting sales quotas and goals, creating sales plans, analyzing data, assigning sales territories and building their team. INR 5,00,000
Drug Cost Accountant Drug Cost Accountants help businesses by overseeing and analyzing drug cost expenditures and purchases within the organization. INR 7,50,000
Drug Distribution Manager Drug Distribution Manager ensure that all aspects of the handling, manufacturing, and distribution of pharmaceutical products at the site comply with company and relevant cGMP regulatory requirements. INR 8,00,000
Pharmaceuticals Distributor Pharmaceutical distributors play an important role in the supply chain, purchasing medical products from pharmaceutical manufactures for storage in distribution centers and warehouses across the country.  INR 2,00,000

Scope for PGDM in Pharmaceutical Management

Graduates of this program are well prepared for a variety of management positions in the pharmaceutical industry. These positions may include a market research analyst, a business development manager, or a purchasing manager. The pharmaceutical industry is changing rapidly and it takes strong leadership to steer it through these rapid changes. Those with a PGDM Pharma Management degree will be better equipped to navigate these changes in the industry.

Earning an MBA is a good choice if you want to work in a division of the pharmaceutical industry. While Pharmacy B graduates are trained in the medical side of healthcare, an MBA with a specialty in Pharma Marketing teaches them how to sell pharmaceuticals and medical devices. Additionally, an MBA makes you the best candidate for many pharmaceutical companies. A PGDM in Pharma Management will not only improve your career prospects but will also help you achieve your career goals in various industries.

PGDM in Pharmaceutical Management: Career Prospects

You will be in demand in the pharmaceutical industry. Global healthcare spending is expected to grow at 4% annually, creating an urgent need for innovative technologies and products. Pharmacy graduates are well prepared for this need. The need for pharmaceutical specialists will continue to grow. In 20 years you will be one of the most sought-after graduates, with good travel and professional development opportunities.

A PGDM in pharmaceutical management prepares students for managerial positions in the pharmaceutical industry. You will learn a variety of skills such as operational planning and management, consulting, and problem-solving. It could also open the door to other fields, including biotechnology. After a master's degree in pharmaceutical management, there are many opportunities to work in the pharmaceutical industry. You have many options and your education and training will be well rewarded.

FAQ’s

(1). What is Pharmaceutical management?

Ans. Pharmaceutical management is the study of pharmaceutical sciences with the study of marketing and management.  It develops skills in planning & operating management techniques, acquiring consultancy skills, and solving management problems.

(2). What are the eligibility criteria to pursue Post Graduate Diploma in Pharmaceutical Management?

Ans. Admission for Post Graduate Diploma in Pharmaceutical Management course requires the aspirant to complete their undergraduate degree with a minimum average of 50 percent aggregate marks from a recognized institution in any relevant discipline.

(3). What are the career options after a PGDM in Pharmaceutical Management?

Ans. There are various career options after a PGDM in Pharmaceutical Management. Some of the careers are Sales Managers, Drug Distribution Manager, Market Researcher & Drug Developer. Pharmaceuticals Distributors, Pharmaceutical Purchase Managers, Formulation Pharmaceutical Technology Scientists, Quality Assurance Managers, and Business Development Managers.

(4). Is it possible to pursue a Ph.D. after completing a PGDM in Pharmaceutical Management?

Ans. You are only eligible to do a Ph.D. when you come with your PGDM Course from an AICTE-approved college. The colleges/Institutions providing this PGDM Course must be a member of the Association of Indian Universities.

(5). What are the skills required for a PGDM in Pharmaceutical Management?

Ans. Interpersonal Skills, Time Management, Organizational Skills, Communication Skills, Problem-Solving Skills, Leadership Skills, and Decision-Making Skills are some of the skills required for a PGDM in Pharmaceutical Management.

(6). What is the average PGDM Pharmaceutical Management salary in India?

Ans. The average PGDM Pharmaceutical Management salary in the India package ranges from Rs. 3 to 10 LPA.

(7). Which employment areas hire an individual after a PGDM in Pharmaceutical Management?

Ans. After a PGDM in Pharmaceutical Management, the areas such as business administration and management, pharmaceutical production management, financial management of pharma businesses, brand management and marketing of pharmaceutical products, etc. hire an individual.

(8). How much does it cost to enroll in a PGDM program in pharmaceutical management?

Ans. In India, colleges and universities often charge between INR 10,000 and INR 25,000,000 in tuition for this program. The cost varies between private and public institutions.

(9). Can I pursue a PGDM in Pharmaceutical Management through distance learning mode?

Ans. Yes, PGDM in Pharmaceutical Management program is also offered through distance learning or correspondence mode. Some top colleges offering this course through distance mode are Sri Padmavati Mahila Vishvavidyalayam, Jagannath University, Don Bosco University Global Center for Open and Distance Education, BharathiarUniversity, Suresh Gyan Vihar University, etc.

(10). Which are some of the most popular colleges offering a PGDM in Pharmaceutical Management?

Ans. Some of the most popular colleges offering a PGDM in Pharmaceutical Management programs are NMIMS Mumbai, IIHMRUniversity (Jaipur), SIES School of Business Studies (Mumbai), DY PatilUniversity's School of Management - [DYPUSM] (Navi Mumbai), IES MCRC (Mumbai), Sharda University, School of Business Studies (Greater Noida), etc.

Student Also Visited

HSNC University Banner
HSNC University logo
Hyderabad (SIND) National Collegiate University
Mumbai, Maharashtra
MIT World Peace University Banner
MIT World Peace University logo
MIT World Peace University (MIT-WPU), Pune
Pune, Maharashtra
Dr. Babasaheb Ambedkar Marathwada University banner
Dr. Babasaheb Ambedkar Marathwada University logo
Dr. Babasaheb Ambedkar Marathwada University
Aurangabad, Maharashtra
Dr. Babasaheb Ambedkar Technological University banner
Dr. Babasaheb Ambedkar Technological University logo
Dr. Babasaheb Ambedkar Technological University
Raigad, Maharashtra
DBSKKV Banner
DBSKKV logo
Dr. Balasaheb Sawant Konkan Krishi Vidyapeeth
Ratnagiri, Maharashtra
KKSU BANNER
KKSU logo
Kavikulaguru Kalidas Sanskrit University
Nagpur, Maharashtra

University Courses

HSNC University Banner
HSNC University logo
Bachelor of Laws (LLB)
HSNC University Banner
HSNC University logo
Master of Law (LLM)
MIT World Peace University Banner
MIT World Peace University logo
BBA LLB (Bachelor of Business Administration + Bachelor of Legislative Law)
MIT World Peace University Banner
MIT World Peace University logo
MBA in Banking and Finance
Dr. Babasaheb Ambedkar Marathwada University banner
Dr. Babasaheb Ambedkar Marathwada University logo
Master of Fine Arts (M.F.A.)
Dr. Babasaheb Ambedkar Marathwada University banner
Dr. Babasaheb Ambedkar Marathwada University logo
Master of Performing Arts (M.P.A.)
University Courses
Universitykar Loader
back back
Trending Courses View All
Top