MBA in Biotechnology: Course Details, Eligibility, Entrance Exams, Admission, Fees
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.
Table of Contents
- What is MBA in Biotechnology Course?
- MBA in Biotechnology Eligibility Criteria
- Why Choose an MBA Biotechnology Course?
- MBA in Biotechnology Admission 2023
- Top MBA in Biotechnology Entrance Exams
- Top MBA in Biotechnology Colleges in India
- Types of MBA Biotechnology Courses
- MBA in Biotechnology Syllabus and Subjects
- MBA in Biotechnology vs MBA in Pharmaceutical Management
- MBA in Biotechnology Salary in India
- Courses After MBA in Biotechnology
- Career Options After MBA Biotechnology
- Skills to Excel as the Best MBA in Biotechnology Graduate
MBA in Biotechnology Course Details
| Degree | Masters |
| Full Form | Masters of Business Administration in Biotechnology |
| Duration | 2 Years |
| Age | No age limit |
| Entrance Exam | CAT, XAT, MAT |
| Minimum Percentage | Minimum of 45-50% in Bachelor's degree for general candidates, Reserved Candidates can get 5% relaxations. |
| Average Fees | ₹3 - 24 LPA |
| Average Salary | INR 8 - 10 LPA (Source: PayScale) |
| Employment Roles | Lab Technician, Assistant Professor, Marketing Executive, Research Assistant, Industry Analyst, Biotechnology Patent Analyst, Quality Assurance Manager, Assistant Estate Manager |
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:
|
MBA in Biotechnology Entrance Exams |
Registration Date |
|
Aug 2 - Sep 13, 2023 |
|
|
Aug 17 - Sep 14, 2023 |
|
|
Jul 15 - Nov 30, 2023 |
|
|
Aug 1 - Oct 10, 2023 |
|
|
February 2024 |
|
|
August 2023 |
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:
|
Sl. No. |
Name of Institute |
Average Fees (INR) |
|
1 |
1.65 LPA |
|
|
2 |
1.4 LPA |
|
|
3 |
3.75 LPA |
|
|
4 |
AIITM, Barwani |
1.2 LPA |
|
5 |
OPJS University |
45,000 PA |
|
6 |
GLF Business School |
INR 3.25 LPA |
|
7 |
Savitribai Phule Pune University |
INR 1.32 LPA |
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.
|
Type |
Eligibility for MBA in Biotechnology Courses |
MBA in Biotechnology Duration |
|
MBA Biotechnology Full-Time |
Candidate should have completed bachelor's degree with a minimum of 50% for unreserved category and 45% for reserved category marks + Entrance Exam |
2 Years |
|
Online MBA Biotechnology |
Candidate should have completed bachelor's degree with a minimum of 50% for unreserved category and 45% for reserved category marks + Entrance Exam |
2 Years |
|
Distance MBA Biotechnology |
Candidate should have completed bachelor's degree with a minimum of 50% for unreserved category and 45% for reserved category marks + Entrance Exam |
2 - 3 years |
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:
|
MBA in Biotechnology subjects |
Topics |
|
Business Management in Biotechnology |
Biotechnology, Bioprocessing, Entrepreneurship and Commercialisation, Business Strategy |
|
Emerging Trends in Life Sciences and Biotechnology Industries |
AI, M&A Opportunities, Operational Strategies, Agricultural Biotechnology, Food Biotechnology |
|
Biochemical and Molecular Diagnostics in Health Care |
Microbiology and Molecular Diagnostics, Biochemical Testing, Health Care Management |
|
Occupational Risks and Management |
Risk of Biohazard Chemicals, Management of chemicals in the factory, Laws of Safety Management |
|
Plant Biotechnology |
DNA molecular markers, Principles, type and applications, Isolation of genes of economic importance, Basic techniques in cell culture, and somatic cell genesis. |
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:
|
Parameter |
MBA in Biotechnology |
MBA in Pharmaceutical Management |
|
Full Form |
Master of Business Administration in Biotechnology |
Master in Business Administration in Pharmaceutical Management |
|
Overview |
focused on the economic and administrative aspects of the biotechnology sector and the management of products and services related to biotech |
development of pharmaceutical industry-specific business skills, including marketing, legislation, and drug development |
|
Discipline |
Management |
Management |
|
Duration |
2 years |
2 years |
|
Eligibility |
A minimum of 50% of aggregated marks in UG |
A minimum of 50% of aggregated marks in Bachelor's degree |
|
Average Fees |
INR 5 LPA |
INR 1 - 16 LPA |
|
Top Institutes |
Amity University, AIITM |
IIM Bangalore, MDI Gurugram, Delhi University, Amity University Noida |
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:
|
MBA Biotechnology Jobs |
Salary |
|
Data Analyst |
INR 3.4 LPA |
|
Management Consultant |
INR 2 cr PA |
|
Market Research Analyst |
INR 7.7 LPA |
|
General Manager |
INR 1 cr PA |
|
Business Development Manager |
INR 9.3 LPA |
[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:
|
Job Designations |
Job Descriptions |
Hiring Companies |
Salary |
|
Market Research Analyst |
Gather and Analyse Customer Data Perform analysis of consumer preferences, competitor analysis, business conditions, and sales. |
IBM, First Student, Done by None, Biocon |
INR 3.6 LPA - 1 cr PA |
|
Data Analyst |
Developing data analysis and implementing them. Strategies to optimize data collection. |
IBM, Altruism Technologies, National Income Life, Lucid Hearing |
INR 1.7 - 6.7 LPA |
|
Management Consultant |
Analysis of Existing Business Problems Performance Improvement Plan |
Accenture, TATA, BI Biotech, Medmeme, Genesis Biotechnology Group |
INR 1 cr - 2 cr PA |
|
General Manager |
Oversee the smooth flow of business Developing strategies to meet the goals set for the operation |
Amyris, QCatalyst, Microbiology Society. |
INR 7.5 LPA - 20 LPA |
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.
Top Management Entrance Exams
Exam Date: May 19, 2024
FAQs on MBA in Biotechnology
Q: What is an MBA in Biotechnology?
A: MBA in Biotechnology is a postgraduate course that studies the management of biotechnology from production to supply in the market.
Q: Is MBA a good option after Biotechnology?
A: Yes, if the candidate wishes to pursue business in the field of biotechnology that can help them develop the necessary skills related to the field.
Q: Which is better: MSc in Biotechnology or MBA in Biotechnology?
A: A candidate who wishes to dive into the scientific aspect of biology along with an understanding of technology can pursue MSc but those who wish to develop their managerial skills can study MBA.
Q: How can I study for an MBA in Biotechnology?
A: Unlike other MBAs, candidates pursuing MBA in Biotechnology would require a specific background in Science, Medicine or Engineering to be able to comprehend the course properly. Along with that, they need to pass common entrance exams like CAT, XAT, MAT, GMST, etc.
Q: What is the salary after MBA in Biotechnology?
A: Salary after MBA in Biotechnology can range between INR 8-10 LPA
Q: What are the top colleges for MBA in Biotechnology?
A: The top colleges for MBA Biotechnology include Amity University, AIITM, Shoolini University, etc.
