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MBA in Biotechnology: Courses, Syllabus and Jobs

  • By Bhavya Thakkar
  • 21 February 2023
MBA in biotechnology

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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.

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