NMIMS’ integrated Pharma Tech program enables students to pursue a career in healthcare industry

India’s pharma sector is poised for a 3x growth. It is likely to reach US$65 billion by 2024 and about US$120-130 billion by 2030. Currently, it is estimated at US$41 billion. Some factors contributing to its growth are increasing investments, cost efficiency, economic drivers and policy support. For example, the FDI inflows in the Indian drugs and pharmaceutical sector reached US$17.75 billion between 2000 and 2020.These promising numbers emphasise the opportunity that has presented itself to India’s pharma sector. With the health crisis of the current times, collaborations and partnerships have come through to create vaccines and medicines.
The collaboration of healthcare, pharmacy and management has brought in a need for professionals who can conceptualise genius and simple solutions to the complexity of this industry. To succeed in this sector, a holistic understanding of the different parts of the business is a must. They need to be aware of advancements, diving into manufacture and supply along with digital channels of promotion, marketing, keeping tabs on the laws and regulations that govern this sector, and so much more.
The need for pharmacy management professionals is now more evident than ever. This is a field that has grown to involve varied kinds of functions. These include Pharmacokinetics, Program Management, Clinical Data Management, Pharmacovigilance, Medical Writing, IPR, Regulatory Affairs & Compliance, International Marketing, Operations, Business Analyst, Quality Assurance, Project Management and many more avenues for students.
For such niche spaces, a course that brings out the science of the field along with the business aspect of it is critical. NMIMS SPTM (Mumbai, Shirpur and Hyderabad) offers students B. Pharm + MBA (Pharma Tech) program; a dual degree spread over ten semesters, which can be completed in 5 years. This is a great opportunity for students who want to add value to the healthcare sector with authentic business ideas and ventures. With this course, students can save a year and all their efforts in getting admission into a top B-school after graduation. This integrated program is meant for students who have finished their higher secondary education and will empower them to pursue managerial roles in the healthcare and pharmaceutical industry.

AICTE approved, accredited by the NBA, and approved by the Pharmacy Council of India, this tailor-made program emphasises on presentations and interactions. This program is reviewed by the institute’s Board of Studies and kept up to date with all the latest developments from this bustling industry.
Research and case studies are an essential part of this program. With industry experts and a well-qualified faculty helming the program, students get to develop their skill sets and proficiency to succeed in the dynamic industry of healthcare.

The healthcare industry continues to evolve, and present-day challenges bring out the need for professionals who can add more value and authenticity to this industry—individuals who can come up with creative ideas, which aid in varied collaborations across sectors. If Pharmacy Management is your calling, NMIMS SPTM’s (Mumbai, Shirpur and Hyderabad) Integrated B. Pharm + MBA (Pharma Tech) programme is your destination. The last date for online registration is 17th June, 2021.
Check out all the details on the admissions and entrance test, NMIMS-CET here.
Disclaimer: This article has been produced on behalf of NMIMS by Times Internet’s Spotlight team.