Pharmaceutical industry of India has an annual turnover of around Rs. 270 billion and growing at a high rate of 6.4%. Presently, this sector directly employs over 5, 00,000 people, while over 25, 00,000 people are indirectly employed. So, there is a great opportunity for candidates to pursue PGDM in Pharmaceutical Management after their graduation. PGDM in Pharmaceutical Management is one of the top industry-oriented Pharmaceutical Management Courses which prepares the future professionals to cope with the latest techniques in pharmacy industry. It is a course which deals with the science of health and chemicals for effective and safe use of the drugs produced
Objectives of PGDM in pharmaceutical management program
The broad objective of the course is to develop skills and knowledge to perform as efficient professionals in pharmaceutical industry, both in the private as well as public sectors. The curriculum of the program is designed to meet the needs of mid career professionals and fresh graduates. It helps students:
• To help learn the application of quantitative and qualitative analytical tools
• To help in understanding techniques and concepts of modern management and its applications
• To enhance the vision of candidates about the context of pharmaceutical management
• To help understand the right methodologies of pharmaceutical management
• To analyze, interpret and solve operational problems in the delivery of pharmaceutical services
Eligibility criteria for PGDM in pharmaceutical management
• The candidate should have passed their graduation from any recognized university or institute
• No age limit
• Minimum 50% marks are required in graduation.
• Clearing exams like MAT, XAT, SNAP, CAT, IBSAT and ATMA etc.
Job prospects of PGDM in pharmaceutical management
PGDM in Pharmaceutical Management is in high demand in markets. The industry is least affected by the economic recession as compared to other industries. After completing this course, the students can work in universities, government institutions, research companies and other industries dealing with pharmacy like machinery, supply chain, manufacturing, biotech and corporate strategy management. Some key job profiles in this sector are drug developer, marketing and distributions, sales manager and drug cost accountant etc.
PGDM in Pharmaceutical Management at IES, Mumbai
IES Management College and Research Centre, Mumbai, is one of India’s renowned PGDM colleges in Pharmaceutical Management. PGDM in Pharmaceutical Management at IES is a full time AICTE approved course which offers complete insight into the Pharmaceutical industry and also moulds candidates to meet the requirements of the industry. The objective of this course at IES is to develop candidates, over a period of two years, by rigorous field work, academics, case studies, role plays and simulation exercises, for various managerial positions in the Pharmaceutical sector.
The institute also provides summer training to its PGDM students with top Pharmaceutical and medical devices companies. The objective of this training is to allow its candidates to have intense day-to-day interaction with companies. Moreover, this training also helps IES students to develop several managerial competencies and skills necessary to build a successful career. So, we can say that Pharmaceutical Management Courses at IES institute gives candidates opportunity to be an integral part of the success of Indian Pharmaceutical sector.