Thursday, October 23, 2008

MBA Biotechnology Program

MBA in Biotechnology Management is a comparatively new course started only 3-4 years back in India. The course offers a lot of scope and advantage in terms of career prospects, enhancement of biotechnology industrial knowledge & applications to the students who are willing to contribute in the Biotech or Life Science industry. Very Few Universities in India are offering this 2 year full time program.

A candidate who is Graduate in Life sciences or Biotechnology and is also interested to work only in Biotechnology industry, the course can offer a lot to him. The course inculcates a right mixture of Biotechnology basics, industry knowledge and the management skills required to run/ work in a Biotechnology industry.

However at the same time any candidate who is not restricting himself / herself to work only for Biotechnology industry can find a general MBA course in Marketing, HR, Finance etc better at any point of time. The obvious reason being, he/ she have the increased number of job opportunities as they can apply in different industries.

Who all can go for MBA Biotechnology Course?
- MSc / BSc Biotechnology Graduates
- MSc / BSc Microbiology Graduates
- General B.Sc graduates
- B.Pharma

Colleges offering MBA Biotechnology course in India are as follows:
- Amity University
- Pune University
- Suryadatta Institute,Pune
- Mitcon Institute, Pune.

Biotechnology Industry and Career Opportunities
"The Indian Biotechnology industry is fast gaining ground. The sector comprises of over 325 companies generating revenues of about US $2 billion that are estimated to reach US $5 billion by 2010" Source: India Brand Equity Foundation

A MBA Biotechnology Professional can find Job opportunities in various companies like:
- Pharma / Biotechnology Industry
- IT Life Sciences
- Bioinformatics Industry
- Research Institutes
- KPO's
- Service industry
- Market Research Organisations
- Consulting Firms

The various job profiles offered that are being offered for a MBA Biotechnology professional are :

Business Development – This role is being offered in most of the pharma / Biotech organisations to a MBA Biotech professional where the person is required to develop the business by doing either B2B (Business to Business)marketing or B2C (Business to Customer) marketing. The role includes diverse activities which are performed for the development of their business.

Business Analyst –. The role is offered by IT Life science industry, KPO's, Market Research organisation. A business analyst is responsible for analyzing the business needs of their clients & to help them identify business problems and propose solutions .They act as a liaison between their Healthcare / Life science Client and the Technical team of their organisation.

Product Management – The role is offered by various pharma companies and involves diverse activities performed in the interest of delivering a particular product to market. Like Product planning, product development, Product marketing, branding, promotion etc.

Research Analyst – The role is offered by various market Research organisations and KPO's where the candidate is required to Confront and solve challenging strategic and tactical issues in marketing research. The role involves both Primary as well as secondary research.

Business Consultant – This role is offered by various consulting firms, KPO's where the candidate is required to assist the client in technology implementation, strategy development, or operational improvement services. Consultants work in the direction of identification of problems, and serve to recommend more effective or efficient ways of performing business tasks.

Other roles which are also offered by various companies include that of Sales executive, marketing coordinator, marketing executive etc.

Thus to conclude one can say that a lot of job opportunities with varied growing roles & opportunities are available for a MBA Biotechnology professional but it is the candidate only who needs to decide which industry he wants to serve. Overall MBA Biotech is a good course with good career options but definitely not better than a general MBA.

2 comments:

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Anonymous said...

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