What is the scope of pharma MBA?

Answer 1

Indian Institute of Pharmaceutical Marketing Lucknow conducts MBA in Pharma Management . Your interest to enhance knowledge in the field of pharmaceutical marketing management in particular and marketing & sales in general is appreciated. "Learning is an unending process", all of us are learning throughout our life in one form or the other. Every human being wants to grow and prosper. The growth of an individual is related to the knowledge, skills and the attitude, which directly contribute towards the abilities of an individual. Every employee would like to utilize his professional and technical competence for the growth of his organization. The vast arena of management is like a field, which offers a plethora of job opportunities at present. India is undergoing a widely accepted industrial revolution and in its developing stage every part of the country is witnessing small and big entrepreneurial and industrial activities. It is not only the production units but also the service sectors such as hospitals, hospitality, entertainment, banking, insurance etc, which are eagerly looking forward towards people with managerial skills to man and manage different kinds of activities. The Distance Education Programmes offered by IIPM are aimed at helping those personnel who are genuinely eager to enhance their professional and managerial capabilities by utilizing their valuable time productively. Since Pharma industry is one of the largest industry in India, its demand for efficient manpower is continuously on the rise. Though more and more players are being added to the pharmaceutical industry, most of the companies are not equipped with the training divisions of their own. Even such companies which have their own training divisions, generally concentrate on aspects relevent for the growth of their respective company interests only. Today, pharmaceutical companies prefer to appoint professionally trained candidates instead of simple graduates. After doing IIPM courses one can make career in different pharmaceutical companies dealing in Allopathy, Homeopathic, Ayurvedic, Veterinary, R&D etc. besides those dealing in the Consumers, Surgicals, Diagnostics, Chemicals, Vaccines & Sera in Marketing and Production. IIPM is committed to do its best in the generation of industry friendly quality education to satisfy the challenging demands on marketing management at both the macro and micro levels. Our programmes, however, demand intellectual maturity, strength of purpose and willingness to work hard

Answer 2

The following was written by Wharton College Pennsylvania. This should help.

Why an MBA

The MBA is not an end in itself, but a means to an end. It is a degree designed to give you the ability to develop your career to its fullest potential, at an accelerated pace. What will you get out of an MBA? Aside from a powerful life experience, the MBA degree should supply three main value propositions: Skills, Networks, and Brand.

Skills

These include the "hard skills" of economics, finance, marketing, operations, management, and accounting, as well as the "soft skills " of leadership, teamwork, ethics, and communication that are so critical for effective management. MBA students acquire these skills inside and outside the classroom. Since MBA programs attract people from very diverse industries and cultures, a program should be able to leverage these differences and translate them into learning opportunities.

Networks

An MBA degree program offers access to a network of MBA students, alumni, faculty, and business and community leaders. This network can be very useful when beginning a job search, developing a career path, building business relationships in your current career, or pursuing expertise outside your current field. For example, entrepreneurs need access to capital, business partners, vendors, and clients. Arts-related businesses need access to funding and strategic management in order to position themselves to be relevant in the marketplace. Global businesses need access to local business cultures as they expand their enterprises to new territories.

Brand

The MBA degree is a recognized brand that signifies management and leadership training. The particular school and type of MBA program you attend also have brand associations that can help open doors based on the school's reputation. The strength of a school's brand is based on the program's history, its ability to provide students with technical skills and opportunities for personal growth, and the reach of its alumni and industry network. A powerful brand can give you the flexibility to make changes throughout your career.

Answer 3

It is a good idea to do MBA in production after B pharmacy. MBA is like a finishing degree and whatever be your graduation degree you can opt for the final degree in MBA.