PGDM

PGDM in Biotechnology Management: Course, Admission, Colleges, Jobs, and Salary

Introduction

PGDM in Biotechnology Management is a productive way of opportunities for a candidate having all the managerial skills. Many educational institutes in India offer the Post Graduate Diploma in Biotech Business Management for training eligible candidates to take finance, marketing, fundamental concepts of the biotechnology (life science), and pharmaceutical industries.

Getting a PG Diploma in Biotechnology helps bioscience students build a productive career in the life-science field. Graduates from the bioscience stream are suitable to register for the course. The average tuition fee charged for a course ranges between INR 90,000 to INR 2 lacs per annum in India, and it depends upon the institute offering the course.

After completing this course, candidates will be hired in biotech firms or pharmaceuticals companies, chemical/ agricultural/ allied industries, life-science industries, food manufacturing, and different biotechnology-based R&D companies. Biotech management professionals may earn an annual salary ranging from INR 4.5 Lacs to INR 9 Lacs depending on the job profile and industry.

PGDM in Biotechnology is a combination of both management and science. Graduate candidates who have already pursued biosystems such as genetics, biochemistry, embryology, molecular biology, and cell biology are best befitted for pursuing this course and later begin their career in the bio-industry. The course includes studying fundamental principles of management, ethical and environmental standards, core biotechnology management-based skill sets, laws and regulations in biotechnology, and research projects for the optimized and practical application of these concepts.

The course examines the nature of business based on bio-scientific knowledge. It includes significant interaction with the bio industries’ latest tools and techniques, management, and leveraging them through the best ways.

Highlights of PGDM in Biotechnology Management

Course Level Post Graduate
Duration Two Years (Full-Time or Distance)
Examination scheme Semester-based
Eligibility Bachelor’s or Master’s degree in Microbiology, Biotechnology, Biochemistry, or Life Sciences
Admission Process Entrance Exam or Direct Admission in some cases
Course Fee INR 90,000 to INR 5,00,000
Average salary INR 4,50,000 to INR 9,00,000
Job Positions Biotech Project Manager

Eligibility Criteria for PGDM in Biotechnology Management

This course is suitable for candidates with a bachelor’s degree in bio-related courses and marketing domain matters. Professionals in administration, marketing, research and development (R&D), production, and marketing management courses can take this course if they are from a bioscience background and are looking for a career in the biotech field. So candidates are required to have the below skills:

  • Research: Great scientific and analytical research skills are needed for climbing higher in the biotech management world.
  • Production: Knowledge of biological concepts, production processes, and measurement tools.
  • Communication and Quality Analysis: An excellent attention to detail and a good command of spoken and written English.
  • Apart from it, teamwork skills and adaptability to changes are added advantages for a successful career in Biotechnology Management.

Admission Process for PGDM in Biotechnology Management

For admission in this course, graduates have to qualify for the proper management entrance examination with a minimum cut-off score as per the eligibility of institute conditions. Here is the process of selection:

  • Group Discussion (GD): Qualifying students need to go through a GD round based on their performance in MH-CET, CMAT, ATMA, MAT, CAT, or XAT.
  • Personal Interview (PI): Applicants on clearing the Group Discussion round are called for the PI round.
  • Technical Interview: Various institutes conduct additional technical interviews to assess the candidates’ basic biotech education and overall knowledge.

Duration of PGDM in Biotechnology Management Course

It is a two-year program approved by AICTE. This semester-based course has four semesters each of six months duration. This course involves an internship training program of one or two months, depending on the institute allowing the course.

Syllabus of PGDM in Biotechnology Management Course

Semester I

  • Legal Aspects of Business
  • Business Communication
  • Managerial Economics
  • Information Systems Management
  • Decision Science
  • Financial and Cost Accounting
  • Fundamentals of Marketing
  • Principles of Management
  • Biochemistry and Physiology
  • Physical Techniques and Bio-nanotechnology
  • Medical Biotechnology, Pharmacology and Pharmacognosy

Semester II

  • Financial Management
  • Business Communication II
  • Human Resource Management
  • Logistics & Supply Chain
  • Sales and Distribution
  • Intellectual Property Rights
  • Marketing Management
  • Strategic Management
  • Applied Biotechnology

Semester III

  • Product and Brand Management
  • Taxation
  • Rural Marketing
  • Hospital and Health Care Management
  • OTC Marketing
  • International Business
  • Marketing Strategy
  • Integrated Marketing Communications
  • Consumer and Industrial Buyer Behavior
  • Clinical Research
  • Regulatory Affairs
  • Bioinformatics and Drug Designing

Semester IV

  • Project Management
  • Quantitative Models in Marketing
  • Capstone Project

List of Top Institutes Offering PGDM in Biotechnology

Here is a list of the top institutes in India that offer this course along with their eligibility conditions, respective locations, admission processes, and fees charged by each institute.

Name of Institute City Average Annual Course Fees
SIES College of Management-Studies Mumbai INR 4-5 Lacs
MITCON Institute of Management Pune INR 2-3 Lacs
PIMSR Mumbai INR 1-2 Lacs
Nicco Institute of Biotechnology (NIB) Kolkata INR 19,000 – 20,000
Government-Polytechnic Firozabad INR 13,000 – 15,000
D.N. Polytechnic Meerut INR 36,000 – 38,000

Career Opportunities

The rise of the bio-industry market in India and worldwide offers countless career opportunities for ambitious management professionals. Biotechnology postgraduates can begin their career in various bio-industry departments based on their individual interests and skillsets. Various companies hire freshers as Managers/ Assistant Managers to manage the functioning of various units in an organization. As per the job profile, a postgraduate in this course can expect an average annual salary ranging from INR 4.5 to INR 9 lacs.

Conclusion

This article has provided complete information regarding the PGDM in biotechnology management course in India. So now you know that many educational institutes in India offer the Post Graduate Diploma in Biotech Business Management to train eligible candidates in the finance, marketing, general concepts of the biotechnology (life science), and pharmaceutical industries.

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Lokesh Joshi

My Name is Lokesh Joshi and I am Computer Science Engineer by the profession and I am passionate about technology and integrating it with innovative ideas to give startups the initial boost that they require.

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