MBA in Biotechnology: Courses, Syllabus and Jobs

Biotechnology is an advancing career option, which is a combination of biological organisms and technology and has different practicing areas, such as healthcare, pharmaceutical, food industry, agriculture, and many more. A bachelorette degree in biotechnology involves B.Sc in biotechnology, a 3-year program, or B.Tech. Biotechnology which is a 4- year engineering program.
This MBA degree (Master of Business Administrator) provides a promising career path for anyone who has an interest in research or even business. MBA in biotechnology is one such higher degree that connects the link between MBA and Biotechnology, hence allowing anyone to skip heavy PhD years and directly step foot in the industry. 

MBA in Biotechnology: Overview

• MBA in Biotechnology is a 2-year postgraduate program that combines biotechnology with business. 
• The course structure of management in an MBA in Biotechnology includes finance, marketing, human resource management, product management, and entrepreneurship. 
• Whereas, key biotechnology areas include research and development, application of biotechnology, environmental biotechnology management, and many more. 
• Any candidate with Science, healthcare, food technology, and engineering background is eligible for this program. 
• Entrance exams for admission to top universities are CAT, NMAT, CMAT, MAT, and XLRI XAT, mostly CBT while others are PBT.
• High-paying job position after MBA in Biotechnology involves Product management, Patent Analyst, Industry Analyst, and project management, while with experience the designation can reach up to the director level.  

Eligibility criteria for MBA Biotechnology

There are a few basic criteria for MBA in Biotechnology eligibility that are needed to be known by anyone who wants to follow the career path in the same:

• Candidates must have 50-60% in undergraduate with a science background from a recognized university. 
• Candidates must have cleared the national entrance exam with a minimum 80-90% cutoff. 
• There are a few colleges that have their own entrance exams which also require a good percentage to get admission in the same.
• Few other colleges provide direct admission on the basis of undergraduate percentage and experience. 
• Candidates with experience are always preferred.  

Admission Process in MBA Biotechnology

 There are a few simple steps for getting admission an MBA in Biotechnology:

 

•  Obtain or maintain a Bachelor's degree with a higher-than-average percentage—at least 60%.
•  Register for the entrance exams, such as CAT/MAT/GMAT/XAT, before the deadline.
•  Go through the last year's questions and take as many practice exams as you can.
•  Shortlist the colleges on the basis of the college fees, course structure, and placements in consideration.
•  Prepare the final rounds of the selection process, which are group discussions and personal interviews. Having knowledge about current affairs, social issues, and abstracts will be of great help. 

MBA in Biotechnology Syllabus

The course syllabus of this degree is a combination of both the practical and theoretical areas of biotechnology and the basic principles of an MBA. Below is the table of the MBA in Biotechnology subjects taught during each semester of the course followed commonly by the different universities.

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

Source: Collegedunia

 The course is structured in such a way that it skills a student in various areas such as leadership, teamwork, communication, interpersonal management and so much more. Many colleges focus on providing practical knowledge with seminars, project work, and internships.

Top colleges for MBA in Biotechnology

To get admission to top colleges one has to have a thorough knowledge of the syllabus required to help clear the entrance exams. Last year’s sample papers will prove to be a great help for the examinations. Once that’s done, the selection process for the colleges begins and should be done carefully while keeping key factors such as college fees, course structure, and placements in consideration.

Following is the table of the top university that provides the best MBA programs for biotechnology in India along with their key information:

College Name	NIRF Ranking	Average Annual Fees (INR)	Exam Accepted	Average salary package (INR)
Amity University, Noida	28	3,30,000	XAT, CMAT, CAT, MAT, GMAT, NMAT	5-7 LPA
UPES, Dehradun	41	425,000	CUET	6-8 LPA
Department of Management Sciences, Pune	17	30,000-40,000	MAT, XAT, GMAT, CAT, CMAT, ATMA, MAH CET	7.6 LPA
SIES College of Management studies, Mumbai	20	175,000	MAT, XAT, CAT, CMAT, ATMA,	7.28 LPA
DY. Patil University , Mumbai	69	375,000	DYPCET	4.6 LPA
Lovely Professional University, Jalandhar	34	190,000	MAT, CAT, CMAT, NMAT, XAT, LPUNEST	5 LPA
Chandigarh University, Chandigarh	29	1,80,000	CAT, MAT, XAT, CUCET	5 LPA
NIMS University, Jaipur	101-150	80,000	CAT, MAT, GMAT, CMAT	4.5 LPA
All India Institute of Technology and Management, Chennai	-------	60, 000	CAT	-------
The Prestige Institute of Management and Research (PIMR), Indore	------	1,19,00	GMAT	3-4 LPA
OPJS University , Churu	------	1,51,200	CAT,MAT,XTA, GMAT	-------

                      Note: The fee structure changes as per the new policies introduced by the universities

 

Jobs after MBA in Biotechnology

Top companies hire across different universities for different MBA Biotechnology job roles. student can start their professional life, in sectors like health care, the food industry, pharmaceutical firms, industrial research and development, and many more. Internship experience during the course period will play an important role in placing anyone into the top and known companies.

 The top private organizations that hire MBA in Biotechnology students are listed below:

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

 

The list of MBA in Biotechnology job profiles and their average yearly earnings are shown in the table below:

Job Profiles	Average salary (INR)
Human Resource	7.72 LPA
Business Development Manager	9.39 LPA
Project Management Director	10 LPA
Assistant General Manager	7.74 LPA
Client Service Executive	2.89 LPA
Market Research Analyst	3.90 LPA
Research Analyst	3.49 LPA
Senior Product Manager	20 LPA
Assistant professor	3.5 LPA

Source: PayScale

Future scope in MBA Biotechnology

There are a number of opportunities after the completion of this course. One can have a career as a working professional, where there are various top companies that hire individuals having both scientific skills as well as, management skills. Private and Government are the leading sectors providing many benefits to anyone who wishes to pursue a career in either of them.

Apart from this, one can also pursue higher education after the completion of the course. Ph.D. or M.Phil. in Management are two of the options for anyone who wants to continue their career in academia.  

Entrepreneurship in Biotechnology

Outstanding innovation areas are developing across the nation and the globe, showing the strong entrepreneurial spirit in the life sciences sector. Young minds have the ability to look into new or overlooked applications, transform the industry, and advance science. MBA in Biotechnology

Here are some tips for aspiring life science entrepreneurs:

• Define what unmet need your technology aims to solve.
• Set up a talented and diverse team.
•  Recognize advantages and make use of them to move the business forward.
•  Get quality legal advice.
• Before meeting with investors, do some research on them. Know their investment preferences and the industry they usually work in.
• Keep trying, and brace yourself for the best roller coaster experience!

 

Conclusion

It's true that biotechnology has shown positive results in industrial exposure in recent years, and there is a growing demand for professionals who can lead business development in this industry. An MBA in Biotechnology can certainly be a gateway for anyone who wants to build a career in this field, as it can provide the knowledge and skills needed to succeed in a competitive and globalized market.

It's good to hear that Sunstone offers diverse course options and perks to help students build their skills and professional portfolios. The emphasis on capstone projects is also a valuable component of the curriculum, as it can help students gain practical experience and showcase their abilities to potential employers.

FAQ: MBA Biotechnology

Is MBA Good for Biotechnology?

MBA is the best option for anyone who wishes to continue their career in management and in the Biotechnology industry. With time Biotechnology industry has shown great growth all around the world. People with this degree can start their careers in top leading biotechnology companies, which will only grow in the coming years.

Which is better MS in Biotechnology or MBA in Biotechnology?

If you are interested in pursuing a career in scientific research or development, an MS in Biotechnology would be the better option. However, if you are interested in a career in biotech management or entrepreneurship, an MBA in Biotechnology would be more beneficial. 

What is the salary of a Biotechnology MBA?

The starting pay may initially range from INR 2 to 5 LPA, but with time, experience, and development of one's   professional talents, one may be qualified to earn even more than INR 10 LPA.