Presently, biotechnology is among the emerging streams that are widening its field in quite a fast pace. It has made a place for itself in all the most sought after courses and streams like technology as well as management. The scope of biotechnology is increasing rapidly among organisations and companies across the globe. MBA in biotechnology essentially includes all the processes and techniques of biotechnology and how it can be used to help mankind with the help from the corporate world. Due to the increasing popularity of biotechnology in the corporate world, a specialisation of the same in the programme of MBA has also been in high demand as well.
An MBA in biotechnology helps candidates in acquiring knowledge and expertise on numerous concepts of biotechnology and ultimately using them for businesses that function in this field. It can be used for understanding the business of biotechnology and eventually using it for proper organisation. The objective of the course of MBA in Biotechnology is to create a mark in the field of biotechnology and doing so by implementing expertise in designing innovative projects. These projects are aimed for the better, faster and accurate techniques in the medical studies and they eventually help in increasing the reputation of the organisation. As this field and good research in this field help mankind, jobs in this sector after completing an MBA in biotechnology often turn out to be highly satisfactory jobs.
Various other aspects of the stream are taught in the two years long programme of Master in Business Administration in biotechnology which includes getting to learn about using biotechnology for enhancement of businesses, business metrics and delivery, performance management, etc. The programme of MBA in biotechnology provides students with a comprehensive combination of managerial and medical coursework that can be used for dealing with the challenges faced in the medical sector on a large scale. As technology plays a huge role in almost everything that is done in today’s world, biotechnology serves as a bridge between technology and medicine and uses technology for assistance and better performance in the medical sector. Nowadays, biotechnology is being used for many things and hence, the scope and career prospects of the field are extremely vast.
Highlights
Tabulated below are some of the highlights of he course
| Full Form | Master of Business Administration in Biotechnology |
| Course level | Post-Graduation |
| Duration | 2 years |
| Examination Type | Semesters |
| Eligibility | Graduation in the field of Science, Medicine or Engineering. |
| Admission process | Entrance Based |
| Course Fee | INR 5-17 LPA |
| Average salary | INR 3-14 LPA |
| Top Recruiting Area | Specialized Biotechnology Companies, Pharmaceutical firms, Food manufacturing companies,Aquaculture and Agricultural companies, etc . |
| Job Positions | Biotechnology Researcher, Analyst, Product Manager, R&D Executive, etc. |
| MBA in Biotechnology Scope | MPhil/PhD |
MBA 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 professional, 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 Biotechnology subjects which are added in 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 | Semester II |
|---|---|
| Business Statistics | Marketing Strategy & Applications |
| Marketing Management | Cost & Management Accounting |
| Principles of Management | Business Mathematics & Operations Research |
| Financial Accounting | Legal Aspects of Business |
| Business Law | Human Resource Management |
| Organizational Behaviour | Legal Aspects of Business |
| Information Technology for Management | Application and methodology of Biotechnology |
| Managerial Economics | Financial Management |
| Introduction to Life sciences and Biotechnology & Introduction to Bioinformatics | Research Methodology & Foreign Language |
| Foreign Language | Production Management |
| Semester III | Semester IV |
| Management Information Systems | International Business |
| Entrepreneurship Management | International Business |
| Fundamentals of production planning and control for biotechnology | Management Control Systems |
| Foreign Language | Environment Management & Ethics in Business |
| Business Policy and Strategic Management | Simulation and Optimization in Biotechnology |
| Intellectual property rights and technology transfer | Foreign Language |
| Human resource management in a hi-tech environment | Innovation and Knowledge Management |
| Biotechnology plant management | R & D Management |
| Safety and hazard management in biotechnology | Emerging Trends in Biotechnology |
| Production management | Project Management & Final project |
Top Colleges in India
Tabulated below are some of the top MBA Biotechnology colleges in India, along with other details like location, average fees, etc.
| College Name | Average Annual Fees (INR) |
|---|---|
| Amity University | 3,30,000 |
| Amity Global Business School (AGBS) | 3,90,000 |
| Dy Patil University | 4,20,000 |
| Lovely Professional University | 3,04,000 |
| Chandigarh University (CU) | 1,80,000 |
| NIMS University | 60,000 |
| All India Institute Of Management Studies | 60,000 |
| All India Institute Of Technology And Management -[Aiitm] | 60,000 |
| The Prestige Institute of Management and Research (PIMR) | 1,19,000 |
| OPJS University | 1,51,200 |
How to get admission in a Good College?
Following are some of the points to help you secure admission to a good MBA Sports Management College:
MBA in Biotechnology Jobs
Tabulated below are some of the top MBA Biotechnology jobs in India, along with the description of the role and average salary offered.
| Job Profile | Job Description | Average Salary (INR) |
|---|---|---|
| Quality Assurance Manager | Though the job profile varies, the typical duties of a Quality Assurance Manager include the complete cycle of quality procedures, standards, and specifications. They are also responsible for preparing the reports. | 9 LPA |
| Validation Manager | The Validation Manager is responsible for checking the validation and maintaining coordination of the various machines and processes within a plant. | 8 LPA |
| Biotechnology Researcher | Biotechnology Researchers mainly get to work as research technicians. They are also responsible for setting up instruments and the equipment that are required for conducting experiments. Senior researchers also analyze data and develop procedures. | 10 LPA |
| R&D Executive | R&D managers are responsible for doing research, planning, and implementing new protocols and programs in their organization. They also oversee the development of new products. | 8.8 LPA |
| Facility Manager | Facility Manager is responsible for managing the design, planning construction and maintenance of equipment required for biotechnological processes. | 5 LPA |
| Manufacturing Manager | Manufacturing Manager is responsible for production operations associated with the manufacture of GMP Products. | 6 LPA |
Top Recruiters
MBA Biotechnology degree holders are accepted by many firms, which offer them a decent remuneration and help them build a successful career. Some of the top recruiters in this field are as follows:
| Cipla | Dr. Reddy’s |
| Ranbaxy | Lupin |
| Zydus | Glenmark |
| Aurobindo | Abbott |
| Biocon | Piramal Group |
| Rasi Seeds | Wockhardt |
| Indian Immunologicals Ltd (IIL) | GlaxoSmithKline Pharmaceuticals Ltd |
| Serum Institute of India Ltd | Shantha Biotechnics Ltd |
| Panacea Biotech | BrainWave Biotechnology Ltd |
| Mahyco Monsanto Biotech | Aventis |
| Bharat Biotech | Venkateshwara Hatcheries |
| Indian Immunologicals | Novo Nordisk |
MBA in Biotechnology Scope
MBA Biotechnology provides various opportunities for the students. One can go for higher education after the completion of the course and also start your career as a working professional. Both the paths have been discussed below:
Start Job
There are plenty of MBA Biotechnology jobs available in India, as these graduates are hired by many firms which require professionals with scientific skills as well as corporate and management skills.Biotechnologists get placed not only in the private sector but the government as well, where they attain many advantageous benefits of working.
From Specialized Biotechnology Companies, Pharmaceutical firms, Animal Husbandry, Agriculture, to Industrial Research and Development, Genetic Engineering, Health Care, Medicine and more, these professionals can work in various sectors.
Higher Education
Students can also go for higher studies after successfully completing MBA Biotechnology and study courses like Ph.D. and M.Phil. in Management, if they are not interested in making an immediate career in the above mentioned fields
Following are some of the essential yet basic criteria to be fulfilled by the aspirants to take up the course further:
An MBA In Biotechnology Course Is Appropriate For Students Who Are Curious To Know Brief Answers About Life Science Origin And Its Evolution. Students Who Studied Science As A Major Can Proceed With Their Higher Studies In Biotechnology. First Of All, Aspirants Should Understand The Basics Of Biology, And Then They Can Move To Biotechnology As Their Specialization. Before Going To Academics, Aspirants Should Have A Good Understanding Of Living Beings. MBA Biotechnology Online Research To Find Related Videos Or Read Books About Living Beings' Evolution Will Help Students Understand Biotechnology Evolution. Things To Learn: To Focus On MBA Biotechnology And Shine Unique, Aspirants Should Show Their Willingness To Learn Beyond The Books. Biotechnology Is Not Only About Learning And Working On It. It Is All About Inventions. Many Graduates Who Pursued Biotech As Their Career Have Become Scientists In Leading Organizations.Exam Planning: Find The Course Curriculum, List The Syllabus Under The Curriculum, And Schedule Time Limitations For Each Subject. Make Sure To Cover The Syllabus As Planned. Apart From Academic Aspirants, Deep Learning Should Have Deep Learning About Everything They Study Since Knowing The Origin Only Will Help Them Find New Inventions. Sources From The Internet Are Very Useful To Learn Something New And In-depth Because A Single Mistake In Biotech May Flip The World Upside Down. Extra Curriculum: Interested Aspirants May Work On Research Papers And Learn Something New Or Do Some Small Projects To Give Them Practical Knowledge Of The Course.Exam Preparation: Students May Take Small Tests Daily And Validate Themselves, Which Will Help Them Remember The Concept Better.
In order to get admission in MBA Biotechnology, students need to clear the entrance exam which is followed by a group discussion round and personal interview round. Some top colleges following such procedure of admission to the course are Amity Global Business School (AGBS, Lovely Professional University, etc
Some institutes offer direct admission via management quota on the basis of academic and entrance exam performance. However, they are likely to conduct GD and PI.
The below image shows the steps involved in the MBA Biotechnology admission process.
The selection of a candidate depends on his/her performance in the entrance exam or subsequent rounds. The weightage of entrance test, GD/PI is 55-65% and 10-20% respectively.
There Are Many Standard State And National Level Entrance Exams For MBA Biotechnology Courses. List Of MBA Biotechnology Entrance Exams:
A Quick Glance At The MBA In Biotechnology Entrance Exams
Most Of The Top Business Institutes' Admission Criteria Are Based On Cutoff Scores In Any One Of The State-level Or Nation-level Standard Entrance Exams. Students Need To Undergo The Aptitude And Knowledge Test To Get Into A Top Business School. Listed Below Are Details About Entrance Exam:
