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MBA in Biotechnology Management –
So how will an MBA in Biotechnology help you? MBA Biotechnology is a 2-year post-graduation course in Biotechnology which teaches the fundamentals of both business and biotechnology. MBA Biotechnology Management focuses on corporate legal management, basic introduction to life sciences, biotechnology, and bioinformatics, business skills development.
MBA in Biotechnology Synopsis –
Biotechnology basically encompasses any technical application that makes use of biological systems, living creatures, or their derivatives to develop or adapt goods or processes for a specific purpose.
It is extensively utilized in agriculture, food production, the pharmaceutical sector, and other industries. So, how would a Biotechnology Management MBA benefit you? This course primarily gives a thorough grasp of the biotechnology industry’s management and policy challenges. Students will study the regulatory functions of state and federal government agencies, international organizations, and professional organizations.
This course will teach you the idea of a “biotechnology company” and will cover strategic, financial, and human resource management in this sector.
Options for a career after studying MBA in Biotechnology Management
Biotechnology is a fast-increasing area of our economy, and there are several options for a student who has earned an MBA in Biotechnology Management. Agricultural or Agro-based industries, environmental specialists, aquaculture industries, pharmaceutical or healthcare companies, research laboratories or organizations, food processing industries, chemical industries, bioinformatics solutions, scientific publishing and media, market research and analysis, and even information technology are all options.
Sales, Business Development, Marketing, Market Research, Product Executive, and Research and Development Support are examples of job profiles. Several organizations will be keen to recruit you, including Biocon, Cryobanks, GlaxoSmithKline, and Imperial Life Sciences. Outside of India, nations such as the United States, the United Kingdom, and New Zealand have a high demand for MBAs.
Quick Question –
Q. What is an MBA in Biotechnology?
Ans. MBA Biotechnology programs take a holistic approach to teaching by making connections between cutting-edge scientific research and the human life cycle in order to sharpen students’ analytical and critical thinking abilities.
Because of the way the material is presented in class, a student may get an analytical comprehension of intricate biological systems, processes, and related literature. Individuals develop several skills, including critical thinking, independent thinking, problem solving, and analytic abilities, as a result of the course material.
Q. What are the benefits of an MBA in Biotechnology?
Ans. The Benefits of an MBA in Biotechnology
An MBA with a concentration in biotechnology will teach you all you need to know about the business and politics of the biotech sector. Those who are motivated by a desire to do good for humanity may find opportunities in this rapidly expanding area of the global economy. There is a lot of room for growth in this sector, and savvy business leaders who can take ideas from the lab to the worldwide market are desperately required. As a result, it’s clear that doing an MBA with a biotechnology concentration might be a great move for people seeking to make the leap from the academy to the business world.
MBA Biotechnology Course Highlights
Tabulated below are some of the highlights of the course
MBA in Biotechnology Full Form | Master of Business Administration in Biotechnology |
MBA in Biotechnology Course level | Post-Graduation |
MBA in Biotechnology Duration | 2 years |
MBA in Biotechnology Eligibility | Graduation in the field of Science, Medicine or Engineering. |
MBA in Biotechnology Admission process | Entrance Based |
MBA in Biotechnology Course Fee | INR 5-17 LPA |
MBA in Biotechnology Average salary | INR 3-14 LPA |
MBA in Biotechnology Top Recruiting Area | Specialized Biotechnology Companies, Pharmaceutical firms, Food manufacturing companies,Aquaculture and Agricultural companies, etc . |
MBA in Biotechnology Job Positions | Biotechnology Researcher, Analyst, Product Manager, R&D Executive, etc. |
MBA in Biotechnology Scope | MPhil/PhD |
MBA in Biotechnology Eligibility
The qualifying requirements for MBA in Biotechnology programmes in India may differ from one institution or university to the next. The following are the full qualifying criteria:
- Candidates must have a bachelor’s degree in science, medicine, or engineering from a recognized school with a minimum aggregate of 45% to 50%.
- Candidates must have taken university-level tests such as the CAT, XAT, MAT, SNAP, CMAT, and others and received an 80 to 90 cutoff percentile.
- Applicants with at least 24 months of relevant research experience are favored for admission.
- Those with a bachelor’s or master’s degree in science who have studied genetics, biology, biochemistry, microbiology, botany, environmental science, zoology, or any other part of the life sciences may apply for MBA in Biotechnology courses.
MBA in Biotechnology Entrance Exams
The following are some of the benefits of using a professional photographer to promote your business. Candidates must properly study for the appropriate entrance tests since admission to top business schools in India is dependent on merit.
Common national-level and university-level MBA in Biotechnology admission tests include:
The Common Management Admission Test (CMAT) is a national-level entrance exam for admission to the country’s management programs, such as the MBA in Biotechnology. This exam assists AICTE-accredited MBA institutions in selecting suitable graduate candidates for admission to their management programs.
Common Admission Test (CAT): The most prominent national-level entrance exam in India used to admit candidates to the best management colleges, especially IIMs, is CAT. Data Interpretation and Logical Reasoning, Verbal Ability and Reading Comprehension and Quantitative Ability make up the three portions of the test.
Symbiosis National Aptitude Test (SNAP): Symbiosis International (Deemed) University (SIU) administers a national-level management entrance exam for admission to programs such as MBA in Biotechnology. The exam permits students to get admission to some of the finest business schools in the nation.
Xavier Aptitude Test (XAT): The Xavier Aptitude Test (XAT) is a management entrance test required for admission to the MBA in Biotechnology program at XLRI and 160 other top MBA colleges in India, including IMT Ghaziabad, XIMB, TAPMI Manipal, and others.
Management Aptitude Test (MAT): The All India Management Association (AIMA) administers a national-level entrance exam that admits students to PGDM and other management programs such as MBA in Biotechnology. The term “teaching” refers to the practice of teaching others how to teach themselves.
NMIMS Management Aptitude Test (NMAT): The Graduate Management Admission Council (GMAC) administers the NMAT, a national-level entrance exam used for admission to MBA programs in Biotechnology. It may also be used to get admission to top Indian business schools such as SPJIMR Mumbai, VIT University, K J Somaiya School of Management, NMIMS Mumbai, and others.
Why Should You Get an MBA in Biotechnology?
MBA in Biotechnology is a specialized programme that focuses on generating and rebuilding microscopic living creatures for improved human health and well-being. Let us investigate “why pick MBA in Biotechnology?” using three basic questions.
What Exactly Is an MBA in Biotechnology?
MBA in Biotechnology is a two-year postgraduate programme that focuses on researching the use of a tiny organism or a small organism’s small component in the creation of a product or process for a particular human benefit. Production management, basics of production planning and control for biotechnology, biotechnology plant management, and simulation and optimization in biotechnology are some of the important disciplines covered in the MBA in Biotechnology programme. MBA in Biotechnology graduates may work as lab technicians, research assistants, professors, and so on.
What Does an MBA in Biotechnologist Do?
A biotechnologist is in charge of the organization’s research and development staff. Artificial selection and hybridization are two techniques used in plant and animal breeding research. A marketing team is required by a company to promote the brand and close transactions with customers.
Pivot: Graduates of the MBA in Biotechnology program are in charge of production planning, quality control and assurance, patent analysis, protein purification, industry management, lab technicians and assistants, and so on.
Biotechnicians do research by gathering and organizing information regarding safety, health, technological inventions, and other topics. The majority of MBA in Biotechnology graduates establish their own private labs and become entrepreneurs.
Why Might an MBA in Biotechnology Course Lead to a Rewarding Career?
In India, the biotechnology department is rapidly growing.
Biotechnology is important in many aspects of our existence. From the food we eat to the medication we take, biotechnology plays an important role. Genetic engineering, which deals with cell and tissue culture methods, has recently become a highly competitive research program among firms, thus there is more need in this industry.
Demand: Because of the division’s requirements and demands, graduates in this area have a bright future. Each firm spends more on biotechnology research and development teams since they are more valuable and responsible for bringing new goods to market. Apart from working in an organization, many entrepreneurs establish their own laboratories. Biotechnologists are the industry’s backbone.
MBA in Biotechnology Colleges in India
Students interested in the MBA in Biotechnology program may pick from a number of renowned business institutions. Nonetheless, an applicant must assess the benefits and drawbacks of the program specialty they are contemplating. The top MBA in Biotechnology colleges in India are listed below:
- Alliance University, Bangalore
- All India Institute of Technology and Management (AIITM)
- Amity University, Noida
- Amity Global Business School (AGBS)
- All India Institute of Management Studies
- BIMTECH, Noida
- XISS Ranchi
- University of Petroleum & Energy Studies (UPES), Dehradun
- IMI Kolkata
- D Y Patil University
- Chandigarh University (CU)
- The Prestige Institute of Management and Research (PIMR)
- Rajalakshmi School of Business, Chennai
- NIMS University
- Lovely Professional University
- LIBA, Chennai
- AIIMAS Chennai
- National College, Thane
- SIES College of Management Studies, Navi Mumbai
Top MBA in Biotechnology Colleges in India
Top colleges offering MBA in Biotechnology Management courses in India:
Colleges | Average Fees (INR) |
---|---|
XISS Ranchi | 8.9 LPA |
LIBA, Chennai | 12 LPA |
IMI Kolkata | 18 LPA |
BIMTECH, Noida | 13 LPA |
AIIMAS Chennai | 80,000 PA |
Amity University, Noida | 6 LPA |
Chandigarh University | 4.8 LPA |
Alliance University, Bangalore | 14 LPA |
Rajalakshmi School of Business, Chennai | 8 LPA |
Top MBA in Biotechnology Colleges in Government Colleges
In order to make an MBA degree more accessible to those from more economically disadvantaged backgrounds, the government provides funding for certain universities. A list of public universities that provide an MBA in Biotechnology is provided below.
Institution |
---|
Anna University, Chennai |
Pune University, Pune |
National College, Thane |
University of Hyderabad, Hyderabad |
Tilak Maharashtra Vidyapeeth, Pune |
Top MBA in Biotechnology Colleges in Private Colleges
Numerous prestigious universities in private universities offer a range of MBA programmes. Numerous famous schools and universities are located throughout the country. The top universities that offer an MBA in Biotechnology are listed below:
Institutions |
---|
UPES, Dehradun |
Amity University, Noida |
DY Patil University, Mumbai |
SIES College of Management Studies, Navi Mumbai |
OPJS University, Rajasthan |
Study MBA in Biotechnology Abroad
If they have the means, students may choose to pursue a Master of Business Administration (MBA) degree in Biotechnology from an overseas institution. An international Master of Business Administration (MBA) programme in Biotechnology may last anywhere from one to two years, depending on the specifics of the program, the institution offering it, and the country in question.
Studying abroad for an MBA in Biotechnology might provide students with a global perspective on the topic and exposure to other cultures.
Top MBA Sales and Marketing Colleges Abroad
The table below contains the list of some of the best colleges abroad for MBA in Biotechnology:
Institution | Fees |
---|---|
Harvard University, USA | USD 91,190.40 |
University of Toronto, Canada | CAD 78,533.02 |
University of British Columbia, Canada | CAD 81,034.07 |
Technical University Munich, Germany | EURO 20,474.12 |
University of East London, UK | GBP 24,448.80 |
Coventry University, UK | GBP 31,100.03 |
Teesside University, UK | GBP 16,407.95 |
University of Greenwich, UK | GBP 24,022.10 |
University of Melbourne, Australia | AUD 11,1742.32 |
University of Alberta, Canada | CAD 40,350.30 |
MBA in Biotechnology Syllabus
MBA Biotechnology syllabus includes topics which have a deep understanding of business economics, various techniques which are needed for decision making and attaining profits in an organization.
The delivery method of the program encompasses classroom lectures, industrial visits, guest lectures from qualified professionals, internships and practical sessions.
Various concepts of human capitals are also an integral part of the MBA Biotechnology syllabus. The scheme of assessment is basically 60% and 40% weightage of external and internal exams respectively.
MBA in Biotechnology subjects which are added to the syllabus educate students with the core knowledge of all the needed advanced topics of Biotechnology. An overview of the syllabus of the program is given below
Semester I
- Business Statistics
- Marketing Management
- Principles of Management
- Financial Accounting
- Business Law
- Organizational Behavior
- Information Technology for Management
- Managerial Economics
- Introduction to Life sciences and Biotechnology & Introduction to Bioinformatics
- Foreign Language
Semester II
- Marketing Strategy & Applications
- Cost & Management Accounting
- Business Mathematics & Operations Research
- Legal Aspects of Business
- Human Resource Management
- Legal Aspects of Business
- Application and methodology of Biotechnology
- Financial Management
- Research Methodology & Foreign Language
- Production Management
Semester III
- Management Information Systems
- Entrepreneurship Management
- Fundamentals of production planning and control for biotechnology
- Foreign Language
- Business Policy and Strategic Management
- Intellectual property rights and technology transfer
- Human resource management in a hi-tech environment
- Biotechnology plant management
- Safety and hazard management in biotechnology
- Production management
Semester IV
- International Business
- International Business
- Management Control Systems
- Environment Management & Ethics in Business
- Simulation and Optimization in Biotechnology
- Foreign Language
- Innovation and Knowledge Management
- R & D Management
- Emerging Trends in Biotechnology
- Project Management & Final project
MBA Biotechnology Scopes
Postgraduate Degree in Biotechnology Management MBA programs in biotechnology offer students a wide range of options. After finishing the course, you will be prepared to enter the workforce or continue your studies. Two options have been discussed:
Start Job
In India, there is no shortage of employment opportunities for those with a Master’s Degree in Business Administration in Biotechnology since so many businesses in the country need qualified scientists who also possess strong business and management acumen.
Biotechnologists find jobs in both the commercial and public sectors, and in both, they enjoy a number of perks.
These experts have a wide range of potential employers, including but not limited to: specialized biotechnology companies; pharmaceutical companies; animal husbandry; agriculture; research and development; genetic engineering; healthcare; medicine; and the industrial sector.
Graduation from a College or University
If students aren’t interested in pursuing a profession in one of these areas immediately after graduating MBA Biotechnology, they may continue their education with graduate degrees like a Ph.D. or an M.Phil. in Management.
MBA in Biotechnology Conclusion –
The Master of Business Administration in Biotechnology is a full-time, two-year postgraduate program that focuses on the scientific application of microorganisms or microbes such as algae, bacteria, protozoa, archaea, and viruses, amongst others, for the benefit of other macroscopic living organisms such as humans, plants, animals, and so on. Due to the fact that it covers the principles of both business and biotechnology, its applications are extensively employed in a variety of fields, including agriculture, the production of food, and medical. In order to enroll in this class, a student must already possess a bachelor’s degree from an accredited college or university in a subject that is in some way connected to either the medical or engineering fields.
Students are required to get passing scores on admission examinations such as the CAT, XAT, MAT, SNAP, CMAT, and others before being admitted to MBA in Biotechnology programs. The majority of educational institutions in India stick to traditional classroom instruction, although a few universities have begun offering this course in an online format. The Awadhesh Pratap Singh University, the Global Business School and Research Centre Pune, the Amity Institute of Biotechnology Noida, and the Mangalayatan University Aligarh are just few of the prestigious educational institutions in India that provide these programs. The tuition for the course might run anywhere from INR 3 to 12 LPA on the whole. Graduates in this industry start off with respectable earnings ranging from 3.6 to 6.6 lakhs Indian Rupees (INR) yearly.
Frequently Asked Questions About MBA in Biotechnology Management
Q. What is the scope of an MBA in Biotechnology?
Ans. Professional opportunities for graduates of Master of Business Administration (MBA) programs in biotechnology include working as lab technicians, research assistants, analysts, marketers, and analysts of biotechnology patents. with a lot more besides.
Q. Which business school offers the most relevant MBA programs for Biotechnology professionals?
Ans. Amity University, DY Patil University School of Management, SIES College of Management Studies, etc. are some of the finest MBA in Biotechnology universities in India.
Q. Is an MBA a suitable choice after studying Biotechnology?
Ans. MBA programs are also common for those who have already earned their BSc in Biotechnology. Both the MBA in Biotechnology and the MBA in Biotechnology Management are 2-year programs that provide students with an in-depth understanding of business and management in the field of biological sciences.
Q. How long does it take to finish a Master’s in Biotechnology in India?
Ans. It takes 2 years to finish an MBA in Biotechnology in India.
Q. In order to pursue an MBA in biotechnology, what prerequisites are there?
Ans. A bachelor’s degree in Science, Engineering, or Medicine from an accredited institution is required for admission to MBA Biotechnology programs.
Q. How difficult is it to get into India’s top biotechnology graduate school for an MBA degree?
Ans. Top MBA entrance exam results, followed by group discussion and personal interview, are used to determine who will be admitted to the MBA in Biotechnology program.
Q. I was wondering how much an MBA in biotechnology typically costs.
Ans. In India, the average cost of an MBA in biotechnology is between INR 5 and 17 million.
Q. While getting an MBA in biotechnology, what kind of testing schedule can one expect to encounter?
Ans. MBA Biotechnology students take exams at the end of each semester.