MBA in Biotechnology: Course Details, Eligibility, Entrance Exams, Admission, Fees

Roumik Roy

The MBA in Biotechnology is a two-year program for postgraduate students focusing on biotechnology-related managerial tasks. The course studies subjects such as the Application of Disruptive Technologies in Business, Biotechnology Industries, Bioinformatics, and other related areas in the biotechnology field. The MBA in Biotechnology eligibility qualifying entrance exams such as CAT, XAT, and MAT along with a minimum of 45% - 55% in their bachelor’s degree. The MBA in Biotechnology fees range between INR 45,000 to 3.75 LPA. 

MBA in Biotechnology syllabus provides an in-depth understanding of managing biotechnological products and services for adequate business growth and obtaining desired profit through capstone projects, summer internships, and training. Candidates after graduating from the course can work in diverse fields such as R&D Manager, Research Analyst, Market Analyst, etc.

What is MBA in Biotechnology Course?

MBA in Biotechnology or Master of Business Administration in Biotechnology, is a postgraduate course that focuses on management studies along with essential knowledge for managing business operations of biotechnological & agricultural products or services in the market. The course falls under the umbrella of MBA courses. 

MBA Biotechnology course focuses on building the necessary skills and expertise for career opportunities in pharmaceutical, healthcare, and hospitality sectors with an average salary package ranging between INR 8-10 LPA. 

MBA in Biotechnology Eligibility Criteria

The  MBA in Biotechnology eligibility criteria may differ from college to college, but there are some fundamental requirements that all institutes must adhere to. These requirements are outlined below:

• The unreserved category candidates must secure a minimum of 50% of the total aggregate marks in their bachelor's degree.
• For the SC/ST/PWD categories, students must have a minimum of 45% aggregate marks in their Bachelor's degree. 
• Students who are in their final year of a bachelor's degree program are also eligible to apply for the course on a provisional basis.
• Admission to the course is contingent upon passing an entrance exam, such as CAT, XAT, MAT, etc. Candidates must successfully qualify to be considered.
• There is no set age limit for pursuing an MBA in Biotechnology.

Why Choose an MBA Biotechnology Course?

Due to the rise of biotechnology in the country and the availability of new business opportunities, the MBA in Biotechnology has become increasingly popular. Some of the reasons why candidates may consider taking this course are as follows:

• The growth of biotechnology in India has seen a rise of 14% from 2020’s $70.2 billion to $80.12 billion.
• The sector is likely to see a boost as the growth of health-conscious citizens is investing in economic prosperity.
• The biotech startup in India has risen from 50 to 5,000 in the last eight years which in turn is likely to generate $150 billion in 4 years.
• It is predicted that the biotechnology sector is expected to grow with a CAGR of 22% with $12 billion by 2025.

Also, Check: Why MBA? Top Reasons to Pursue an MBA

MBA in Biotechnology Admission 2023

Admission to MBA in Biotechnology for 2023 is determined by entrance exams, including CAT, XAT, and MAT. Once candidates pass the entrance exams, they can apply for the program either online or through the admission campus. The typical process for MBA admission in Biotechnology used by schools and institutions can be summarised in the following step-by-step list:

• Step 1: In order to meet the university's requirements, the candidate is required to take the entrance exam.
• Step 2: To register, candidates have the option to complete the process either online or offline.
• Step 3: After entrance exams for admissions, universities release their cut-off marks.
• Step 4: Following the release of the merit list, candidates who have qualified will be invited to participate in the GD and PI rounds.
• Step 5: Once selected, students must provide the necessary documentation and pay the required fees for the MBA in Biotechnology program.

Read More on MBA Admission Process

Top MBA in Biotechnology Entrance Exams

MBA in Biotechnology entrance exams are held nationwide to admit candidates to universities. These exams are given at the national, state, and institute levels, although there is no state-level examination for MBA in Biotechnology. The following are some of the most important MBA Biotechnology entrance exams:

National-Level MBA in Biotechnology Entrance Exam

If one wants to pursue an MBA in India's top business schools, one needs to take national-level entrance exams approved by AICTE. The following are some commonly used MBA Biotechnology entrance exams: 

Top MBA in Biotechnology Colleges in India

Many students in India pursue an MBA in Biotechnology right after finishing their undergraduate degree. Both merit and an admission exam determine admission to this program. Below are some of the top MBA in Biotechnology colleges in India:

Types of MBA Biotechnology Courses

The demand for an MBA in Biotechnology has grown, leading to the creation of various paths for completing the program based on a student's background, goals, and credentials. Here are the details for each type of MBA in Biotechnology course.

Online MBA Biotechnology

The following points are Online MBA in Biotechnology:

• Online MBA in Biotechnology is offered by NIBM Global Institute. 
• The NIBM Global’s MBA is approved by Bharathiar University which is also AICTE/DEC/UGC approved. 
• The course fee is INR 44,000. 
• The course duration can range from 2 - 3 years.

Distance MBA Biotechnology

Below are the points highlighting the distance MBA in Biotechnology:

• IGNOU offers MBA in Biotechnology as a distance learning course for 2 - 3 years. The course fee is INR 2.1 LPA. 
• IMTS Institute is another institute that offers MBA in Biotechnology under its distance learning program. The course fee ranges from INR 20,000 to 60,000 per year.

MBA in Biotechnology Syllabus and Subjects

In the first year, the MBA Biotechnology covers fundamental topics common to MBA courses, such as Managerial Economics, Marketing, and Financial Management. In the second year, the program concentrates on the Biotechnology specialisation, introducing core and advanced concepts related to the field and offer opportunities for internships and projects. A few of the MBA in Biotechnology subjects are given below in a detailed view in the table below:

Read More: MBA in Biotechnology Syllabus

MBA in Biotechnology vs MBA in Pharmaceutical Management

The MBA in Biotechnology focuses on management and market launch methods for biotechnology goods. MSc in Biotechnology studies the science of biology as well as the advancement of technology in the field. The following is the distinction between an MBA in Biotechnology and an MSc in Biotechnology:

Read More: MBA in Pharmaceutical Management

MBA in Biotechnology Salary in India

MBA Biotechnology graduates have a wide range of scope with lucrative salary packages. Since the growth of biotechnology in recent years has been exponential, candidates with an MBA degree have become pertinent to the industry. 

A candidate who graduates with an MBA in Biotechnology can expect an average salary of about INR 9.8 LPA, although it may vary based on the location, experience, and company they choose to work in. In the following table, given below, are some of the roles offered to MBA in Biotechnology graduates and their salaries:

[Source: Payscale]

Read more: MBA in Biotechnology Salary in India

Courses After MBA in Biotechnology

MBA in Biotechnology graduates can further their studies and gain certification to broaden their understanding. Here are some options to consider.

• PhD 
• Industrial Technology Certificate Course by the University of Manchester
• DTU Introduction to Industrial Bioprocess Development
• Peking University’s Bioinformatics Certification Course
• CRISPR Technology Basics Certification Course
• AI in Biotechnology Certification Course
• Clinical Data Management Certification Course
• MIT Professional Certification Program In Biotechnology

Career Options After MBA Biotechnology

The MBA in Biotechnology opens many career opportunities for graduates who excel in the course. They get to work with some of the best companies in the world with lucrative salary packages and benefits. The following table given below highlights the job opportunities for the graduates in detail:

Skills to Excel as the Best MBA in Biotechnology Graduate

The MBA in Biotechnology degree equips graduates with skills that may be applied in the workplace, allowing them to excel in their roles. These are the skills that set these graduates apart as professionally competent and knowledgeable:

• Product Management: The candidate needs the skill to know how to manage high-risk products before they go into the marketplace.
• Research and Development Analysis: Students must be well-versed in the research and development process in the field of biotechnology and marketing.
• Logistics Networking: Another important part of MBA skills is able to have proper networking skills and knowledge of logistics.
• Operations and Supply Management: This is a pertinent skill to maintain the smooth flow of operations and supply chain management in organisations.

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