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Online education: Overcoming traditional barriers and transforming learning

Education is a fundamental right that should be accessible to everyone, regardless of their location or socio-economic background. However, in some societies, many traditional barriers prevent individuals from accessing education and achieving their full potential. Illiteracy, social structures, early marriage, religious beliefs, and lack of educational infrastructure such as schools and teachers, are some of the barriers that prevent individuals from receiving education. 

How online education helps overcome barriers

One of the major barriers to education in backward societies is patriarchal views on women. In many traditional societies, women are not seen as equal to men and are often denied access to education. In some developing countries, girls are prevented from pursuing education after one stage. For example, some poor families in India usually demand girls stop their education after class 10 or earlier class due to various reasons, including illiteracy of parents, safety concerns, economic backwardness, or lack of facilities nearby. Thanks to EdTech, more Indian women are taking up online learning programs

However, online education provides a solution to this problem by allowing women to access education from the safety and privacy of their own homes. This eliminates the need for women to physically attend school or college, which can be unsafe or even impossible in some cases. Additionally, online education allows women to pursue their education at their own pace, without the pressure of societal expectations. 

Another barrier to education in underdeveloped countries is early marriage of girls and conservative religious dictates. In many traditional societies, girls are often married off at a young age, which prevents them from continuing their education. Online education provides a solution to this problem by allowing girls to continue their education even after they are married. Furthermore, online education eliminates the need for girls to physically attend school, which is often seen as a violation of traditional rules.  

Read more on the role of online degrees in empowering women 

Lack of educational infrastructure is also a major barrier to attaining education in backward regions. Many areas lack schools, teachers, and educational materials, making it difficult for individuals to receive an education. By eliminating the requirement of physical infrastructure, online education provides a solution to this problem by allowing individuals to access education from anywhere with an internet connection. 

Future of education in economically weaker countries (EWC) 

Online education is revolutionizing the way we think about education in economically weaker countries. It helps students break traditional barriers that exist in their societies and overcome the lack of educational infrastructure in their regions. Now students from remote regions can study any program from reputed institutions by sitting in the comfort of their homes. As technology continues to advance and internet access becomes more widely available, online education will transform education in underdeveloped regions and provide access to education for all. 

With the right approach and support, online education could be the key to unlocking the full potential of backward countries. It could be a game-changer for many individuals, families, and communities, giving them a chance to break the cycle of poverty and hardship that they have been trapped in for generations. 

You may like to read how technology can ensure the right to education 

Role of Online Manipal in the online education revolution 

Online Manipal plays a crucial role in breaking traditional barriers. Students from various backgrounds are now studying different online degree and certificate programs offered by reputed universities such as Manipal Academy of Higher Education (MAHE), Manipal University Jaipur (MUJ), T.A. Pai Management Institute, and Manipal Institute of Technology (MIT). By using all the convenient features, students are realizing their education dreams for a bright future.  

If you would like to explore our programs, please visit our website

Importance of Information Security amid digital transformation

Information security is vital for any company, regardless of its size. The world we live in today is one of increasing digital connectedness, which means businesses need to be aware of the risks of new networking methods.

Information security includes many practices, including securing networks and protecting access to sensitive data. It also involves preventing unauthorized access to private online spaces and ensuring user privacy. 

Want to have more detailed information about MBA in information systems courses? Check out our detailed MBA information systems course details blog for more information.

What is information security?

Information security protects information from unauthorized access, use, or disclosure. It encompasses all protection aspects, including confidentiality, integrity, and availability. It includes methods for protecting digital and physical information and the people who can access it.

Want to know more about data science? For detailed information, check out our blog on how business analytics is changing the world.

The role of securing information amid digital transformation

As companies embrace digital transformation, they face a growing need to address their data security. The need is urgent: cyber threats are on the rise, and the instances of data theft are growing. 

According to Cyber Security Hub, the number of cyber threats that occurred in 2022 was 4,100, equating to 22 billion records publicly disclosed. It is estimated that these numbers can grow in the coming years; hence, cyber security is crucial for a digital world.

Why is information security important?

Why is information security important?

In this section, we’ll discuss why information security is necessary and how you can ensure that your company’s data stays safe.

  1. Protecting an organization’s functionality

With a proper security system, a company’s data could be safe, and its operations could continue smoothly for days or weeks. Contradictorily, if sensitive information about clients or employees were stolen, it would lead to lawsuits and damage the company’s reputation among those affected by the breach.

Want to learn about data science? Check out the best resources to master data science for more information. 

  1. Protecting an organization’s data

In addition to ensuring your IT infrastructure is secure, you want to ensure that your data is always protected. This means backing up important files, having firewalls in place, and ensuring that all software updates are installed. 

For further information, we recommend taking information security analyst courses in India.

  1. Reducing the risk of data breaches

Many different things can cause a data breach. It can be human error or malicious hacking attempts by third parties such as cyber criminals seeking access to your information for their gain or political agenda. By implementing solid policies around password management and employee training programs, you can reduce your chances of letting a breach occur.

  1. Safeguarding technological assets

You can learn about information security through various information security management courses. Information security requires the protection of all kinds of data, including personal information (such as social security numbers), financial information, and classified or sensitive government documents.

Want to learn about the libraries used in data science? Check Python libraries used in data science for more information.

  1. Protection from malware

Malware can be anything from viruses to spyware to Trojan horses. These types of software can infect your computer, mobile devices, and other systems that connect to the Internet. They can steal personal information or even delete files from your computer. Hence, information security is essential because it protects you from hackers who want to access your private information.

Here’s why MCA students must learn cyber laws.

Pursue an MBA in Information Systems

An MBA in information security degree offers an approach to business management that focuses on using information technology.

Students learn how to use technology as a strategic tool and a means for innovation within the context of their organization. The information security courses include modules on data management, IT governance, security, risk management, project management, and organizational behavior. Students will also take business strategy, accounting, marketing, and finance classes.

The following are the lucrative career prospects after MBA in Information Systems and the average industry packages.

Job rolesSalary offered
Application AnalystINR 17 LPA
Cybersecurity AnalystINR 10 LPA
IT Technical Support OfficerINR 5.2 LPA
Data AnalystINR 42 LPA
Data ScientistINR 25.7 LPA
Database AdministratorINR 23 LPA
Penetration TesterINR 26 LPA
Information Systems ManagerINR 38 LPA
Systems AnalystINR 16 LPA
IT ConsultantINR 17 LPA
Source

Conclusion

MAHE’s MBA in Information Systems is an excellent option for those seeking a career in information systems. The program gives you a strong foundation in business, focusing on information systems. The information security program covers the latest developments in this area and allows you to learn about other related fields like data science, artificial intelligence, and business analytics. MAHE’s program at Online Manipal is the perfect fit if you’re interested in an MBA in Information security.

Key Takeaways:

  1. Information Security makes sure that your data is safe from hackers and cyber criminals.
  2. It prevents unauthorized access to your systems and data.
  3. Information security helps protect you against data loss, theft, or destruction due to natural disasters or human error.
  4. Lastly, information security keeps your systems running smoothly and efficiently without hiccups, so they are always available when you need them!

Intellectual Property Rights in the Pharmaceutical Industry

In today’s fast-paced world, the pharmaceutical and healthcare industry is one of the evergreen sectors. A person could become unwell at any time or need to take supplement pills, regardless of how solid the economy is or whether it is in a recession. Therefore, it would not be incorrect to state that the pharmaceutical sector is a major driver of medical innovation. 

Intellectual property (IP) in pharmacy is the most valuable resource in a pharmaceutical or biotech company and is crucial to the industry’s future success. IP is an important driver for the secure development of new treatments and pharmaceuticals. Researchers might not be able to investigate new fields of medical innovation without intellectual property protection. They may not make discoveries that will inspire the therapies and cures of the future.

What are intellectual property rights?

The development of new life-saving pharmaceuticals depends on medical advancements and therapies protected by types of IPR (intellectual property rights). Trademarks, a kind of IPR, assist in differentiating and protecting the brand at the company and product levels because the interaction between a consumer and a pharmaceutical product is fully founded on trust. 

For 20 years following the date of application, patents grant pharmaceutical businesses the only right to advertise their products while preventing anyone from buying, making, or selling them. 

IPR is a requirement for pharmaceutical firms to locate, plan, develop, and safeguard inventions. They also create healthy competition, which aids in the economy’s expansion and the industry’s development. Furthermore, these businesses are sufficiently encouraged to spend on R&D thanks to IPRs.

The following table explores which types of IPR need registration.

Types of IPRRegistration
CopyrightNo
PatentYes
TrademarkYes
Trade SecretNo
Industrial DesignGenerally recommended, although unregistered designs are also protected.

You may also like to know more about MBA in Pharma.

Importance of intellectual property rights

Without spending time and money to create new medications, generic drug manufacturers copy biopharmaceutical advances with insufficient intellectual property rights protection. As a result, branded drug manufacturers find it challenging to spend on research and development (R&D) of new therapies and expensive diseases. This is because they cannot recoup investments in new drug development.

A stronger IPR regime helps pharma businesses protect inventions from research to development. Intellectual property creation, management, and protection are increasingly significant funding sources for R&D investments. IPRs are independent commodities that may be exchanged through licensing, joint ventures, etc. They also play a significant part in the mergers and acquisitions of the target SME.

IPR significantly impacts the pharmaceutical business on various levels, including drug discovery, development, pricing, distribution, competitive mapping, and the availability and cost of new medications. Pharma businesses are expanding quickly due to increased IPR protection in industrialized nations. On the other hand, developing nations criticize the patent system since it leads to monopolies in the market and higher drug prices.

Read this article to know more about which MBA is best for pharma industry.

What role does IPR play in protecting the pharmaceutical industry?

The pharmaceutical business places the biggest value on intellectual property because it is necessary for the continuous development of new medications, as explained in the points below.

  1. Protecting medical invention

Once a person or business has created a novel drug or medical procedure, they must either file a patent application for it or keep it a trade secret to protect it. A patent provides far more robust protection because a drug cannot be reverse-engineered, as in the case of trade secrets, which could result in the innovation being stolen.

  1. Drives economic growth 

By granting the sole intellectual property rights to a medication or therapy creator, intellectual property helps pharmaceutical companies experience considerable economic growth. This is because the inventor is the exclusive owner of the invention’s marketing rights, with the ability to sell or license it.

  1. Consumer protection

The public’s safety is the primary concern of intellectual property in the pharmaceutical sector since it enables customers to make informed decisions when choosing medical products. Intellectual property rights ensure a standard by guaranteeing quality, which builds a dependable and efficient public health infrastructure.

  1. Incentives for global solutions

Innovation promotion is crucial, but finance is also required to make it happen. Intellectual property rights in the pharmaceutical sector encourage the development of medicines and vaccines for new diseases constantly being found. They also offer incentives for developing novel concepts into potential new medicines.

  1. Protection from potential infringers

Pharmaceutical companies can take tough action against fake pharmaceuticals thanks to intellectual property rights. Without these rights, nations worldwide would struggle to guarantee the security of their medical inventions.

ALSO READ: Career options after MBA Pharmaceutical Management

Future of the Indian pharmaceutical industry 

The Indian pharmaceutical industry plays a significant role globally. India has the highest count of US FDA-compliant Pharmacy plants outside of the USA. 500 API manufacturers are contributing about 8% of the global API Industry. India contributes a 20% share in the global supply of generic medicines by manufacturing 60,000 brands across 60 therapeutic categories. Access to affordable HIV treatment in India helps many globally. 

India is one of the biggest suppliers of low-cost vaccines in the world. Due to their low price and high quality, Indian medicines are preferred worldwide, rightly making India the “future pharmacy of the world”.

Many multinational firms have reduced the number of out-of-date or discontinued items in their portfolios due to the lack of product patent protection for pharmaceuticals and agrochemicals. Additionally, local companies adopting reverse engineering techniques to create the most cutting-edge pharmaceuticals have lost market share.

Pharmaceutical companies should have a successful intellectual property strategy to maximize investment returns while preserving strong patent protection. Drug research needs to encourage innovation, and intellectual property rights (IPR) in pharmacy may be able to help you achieve a business’ goal of having a competitive advantage. This is why the scope of the Indian pharmaceutical industry is excellent.

Conclusion

IP in Pharmacy needs to include product development ideally. Companies can avoid legal disputes that might result in a financial loss by concentrating on their IP strategy. They can also profit from IP-related items through licensing and marketing. As a result, demand for cheap pharmaceutical products rises, and pharmaceutical businesses see fast expansion.

If you would like to learn Intellectual Property Rights in Pharmaceutical industry, enroll in online MBA in Pharmaceutical Management at Manipal Academy of Higher Education (MAHE). Offered in Online Manipal, this online MBA program is designed for professionals with at least one year of experience. Enroll now!

Key Takeaways:

  • Intellectual property (IP) is the most valuable resource in a pharmaceutical or biotech company.
  • Pharma businesses get help in protecting inventions from the research to development stage through a stronger IPR regime.
  • Various roles IPR plays in protecting the pharmaceutical industry: protection against infringers, driving economic growth, and consumer protection.

Should you directly opt for a job or go for a master’s degree? 

As a fresh graduate, you may be at the confusing crossroads of deciding between further studies and joining the workforce. Either of the two possibilities may appear attractive for various reasons. 

So, which one would you select? 

Here are a few questions that you should ask yourself before getting started: 

  • What is the status of the job market?
  • What advantages will you gain after acquiring a master’s degree? 
  • What would be the overall cost of studying? How much time would you need for it? 
  • What is the nature of the program that you wish to pursue? 
  • Would you have to relocate to another town or city? 
  • Is there a possibility of studying as you work? 

Now, explore the various advantages offered by either of the options: 

Advantages of applying for jobs 

The cost of higher education is one of the main reasons why students are not keen on studying further. In such cases, getting earning power through a job is the only way out. Here are a few advantages of the same: 

  • You can earn a consistent income to support your daily needs. 
  • It can provide an early start in the job market, allowing individuals to gain experience and establish a career before their peers. 
  • Hands-on industrial experience that will help you get a head start in your career and climb the corporate ladder faster. 
  • Having a job after an undergraduate program can provide a sense of job security and stability. 
  • An early start will provide a deep understanding of the industry, which can help to make informed decisions about further education and career paths. 
  • Scope for earning professional certifications after gaining the requisite work experience. 

Disadvantages of starting a job after graduation 

It also comes with a few disadvantages –  

  • Limited career growth: Companies usually prefer postgraduate candidates to top posts. For undergraduate students, career growth may be slow unless you perform well. 
  • Limited earning potential: Starting salary of graduates are not lucrative if you are not from a specialized discipline. Thus, specializing in a master’s degree will help you improve your earning potential. 
  • Limited opportunities for specialized skills: Some jobs may not provide the same opportunities for developing specialized skills as those of having a higher education. 
  • Less competitiveness in job market: The competitive edge of undergraduate candidates is limited in comparison to those with higher education unless they outperform in their roles. 
  • Lack knowledge & skills: Compared to candidates with higher education, undergrads lack the required knowledge and skills to adapt to industry transformations. 

Advantages of opting higher education 

If you have been following the industry trends, you may have noticed that continuing education helps you stand out. As a result, you will have to go for a master’s degree if you genuinely wish to fast-track your career growth. Here are its advantages: 

  • Opportunity to gain career and industry insights along with some practical exposure. 
  • In this highly competitive market, a master’s degree would add value to your CV. 
  • Develop and nurture professional networks by connecting with teachers and classmates. 
  • Enhanced earning potential due to advanced skill sets and devotion to the industry. 
  • Personal grooming and overall development. 

Read more about advantages of learning online

Disadvantages of pursuing higher education 

Preferring a postgraduate program over starting a job after completing a graduate degree has many disadvantages. Listed some below –  

  • Cost: Higher education can be expensive, and many students may have to find funds from different sources to invest in their education. Sometimes, they need to explore options like educational loans. Thus, opting for online education could be an alternative. 
  • Time commitment: Pursuing higher education can take a lot of time and can be very demanding. This can be challenging for those who have other responsibilities, such as work or family. 
  • Competition: Admission into certain programs may require competing with other applicants for limited spots, potentially leading to the selection of an alternative option that may not align with one’s preferred options. 
  • Specialization: For some people, a higher education may not be necessary to reach their career goals. It may be more beneficial to gain hands-on experience in the field they want to specialize in. 
  • Limited work experience: When you go for pursuing a higher education, you may lose the experience front compared to your counterparts who graduated with you (and started job soon after graduation). 

The winner? Both! 

As we discussed above, obtaining a higher qualification and gaining employment each have their own distinct advantages and disadvantages. However, a viable solution to this conundrum is to pursue an online postgraduate program. Online education offers the flexibility and convenience of studying at one’s own pace while still maintaining employment. This allows for the simultaneous attainment of financial independence and hands-on work experience. Additionally, online degree programs often have significantly lower costs due to the elimination of certain other expenses like traveling and lodging. 

Currently, many reputable universities and institutions offer a variety of online postgraduate programs in fields such as business management, data science, business analytics, information technology, and more. As an example, the prestigious Manipal Academy of Higher Education (MAHE) offers an online MBA program for working professionals with 10 specializations, an online M.Sc. in Data Science, and an online M.Sc. in Business Analytics, as well as online postgraduate certificate programs in Supply Chain Management and Business Analytics. Similarly, Manipal University Jaipur (MUJ) offers affordable online MBA, MCA, M.Com, and MA JMC programs to graduates from various backgrounds. Sikkim Manipal University offers, online MA programs, MCom, MCA, and online MBA with dual specialization

All these programs, designed by renowned faculty, are offered through the Online Manipal platform on an advanced learning management system (LMS). Students have access to course materials such as readings, e-books, interactive videos, quizzes, recorded lectures, and discussion forums via the LMS. Financial assistance options such as scholarships and no-cost EMIs or education loans are also available to assist in funding these programs. 

In conclusion, online postgraduate programs provide the opportunity to balance work and studies by offering the convenience of studying at one’s own schedule. These programs also provide a wider range of educational options while still allowing for employment. Furthermore, online programs are often more affordable than their traditional counterparts.  

Who should pursue PGCP in Business Analytics?

Data is used in business analytics to develop mathematical models that assist firms in making decisions that add value or are in their best interests. There is a lot of data available for enterprises to use, but what data they choose and why they use it will differ by industry. Working in the discipline of business analytics entails gathering and analyzing data to make it valuable to your organization’s decision-making process. 

In this blog, let’s find out who should pursue a PGCP in Business Analytics.

What is PGCP in Business Analytics?

The Postgraduate Certificate Program (PGCP) in Business Analytics is intended for individuals who want to build a name for themselves in the rapidly expanding field of business analytics. The curriculum will teach students to offer data-driven responses to consumers, address organizational challenges, and develop business strategies utilizing data. It is an excellent curriculum for obtaining a Postgraduate Certificate in Business Analytics. 

This curriculum provides thorough knowledge of Python, Statistics, Machine Learning techniques, and implementations with Business Analytics and Data Analytics integration. The case studies and projects that include the above principles will be at the heart of this program, featuring one-on-one mentoring sessions.

The following table shows the course details of the PGCP in Business Analytics.

Points PGCP in Business Analytics
Suitability Ideal for professionals looking to improve their abilities or make a career change in business analytics.
Duration12 months
Skills earnedStatistical tools such as MS Excel, Python, SQL, R, SPSS, Tableau, and others are used. Improve your analysis and management abilities as well.
Career opportunitiesBusiness Analyst, Data Scientist/Architect, Market Research Analyst, Predictive Modeler, Statistician, Analytics Manager, Healthcare Analyst, IT Analyst, Quantitative Analyst, Project Manager, and other positions are available.

Eligibility for PGCP in Business Analytics

This course can help new graduates launch their careers. It is also appropriate for someone with more than 2 to 3 years of relevant professional experience. 

Graduates in any discipline from a recognized institution with Statistics as one of the topics or an equivalent qualification recognized by the Association of Indian Universities (AIU) with a least 50% of marks or average score are considered valid for this course.

Who can pursue PGCP in Business Analytics?

Students from India

  • Graduates in any profession with Statistics as one of the topics from accredited universities/institutions or an equivalent qualification recognized by the Association of Indian Universities, with a minimum of 50% marks or equivalent grade.
  • Work experience is preferred.

Students from other countries

  • Graduates in any discipline with Statistics as one of the topics from accredited universities/institutions or an equivalent qualification recognized by the Association of Indian Universities, with a minimum of 50% marks or equivalent grade.
  • To apply to any institution in India, candidates must have received a graduation degree certificate of equivalency from the Association of Indian Universities.
  • Students and experts with Non-Resident Indians (NRIs) or Persons of Indian Origin (PIO) status who live outside of India, as well as students and individuals who are not Indian citizens, are classified as international students and are eligible to enroll in MAHE’s online programs. As part of the application process, all students and workers will be charged an international fee for their degrees and may be needed to submit papers such as a CV, proof of address, valid visa, permanent resident (PR) card, and photo id.
  • Work experience is preferred.

Duration of PGCP (Business Analytics)

The Post Graduate Certificate in Business Analytics is an 11- to 13-month curriculum that lays the groundwork for professionals to master the art of analytics. The program emphasizes an in-depth study of business analytics methodologies and frameworks and their application in business decisions.

What will you learn in PGCP in Business Analytics?

After finishing your PGCP in Business Analytics, you will be able to excel in various Business Analytics technologies such as MS Excel, Python, R, SPSS, Tableau, SQL, and others. It will also assist you in improving your analysis and management skills and your comprehension of the following.

  • Financial statement analysis and reporting
  • Statistics for business
  • Business economics for managers
  • Database administration
  • Financial administration
  • Econometrics
  • Data examination
  • Visualization

This training will improve your analytical skills and ability to operate in various companies and provide you with numerous benefits.

What is the scope of PGCP in Business Analytics?

The PGCP for Business Analytics has a fairly broad scope. It addresses all the critical parts of your organization, such as marketing, finance, human resources, and operations. It also provides an in-depth understanding of numerous analytics and commercial applications. As a result, graduates of this degree are in high demand in the industry.

One of the primary advantages of his PGCP curriculum is that it educates graduates for a wide range of careers in business analytics. You might work as a data analyst, BI developer, or market intelligence expert. Furthermore, you will be well-equipped to work in various industries, including banking, insurance, retail, and manufacturing. As a result, if you seek a program that will provide you with a full knowledge of business analysis, this PGCP in Business Analysis is appropriate for you.

Conclusion

Ultimately, pursuing an online PGCP in Business Analysis gives students the foundation they need to pursue a career in business analysis or other similar subjects. These institutes assist students in comprehending many parts of business analysis and their application in real-world business circumstances. It also assists students in developing the abilities required to excel in their careers. 

Certification or a degree in Business Analytics is essential for validating your competence in front of companies. Manipal Academy of Higher Education (MAHE) has an online platform called Online Manipal that offers an online PGCP in Business Analytics to applicants from all different backgrounds. Visit us today to know more!

Key takeaways:

  • A business analyst is a broad term encompassing a variety of professional functions in practically any industry.
  • A good candidate should have a bachelor’s degree and several years of work experience in the field of business analysis that interests them.
  • The PGCP in Business Analytics is a one-year postgraduate certificate program designed for working people who want to advance in their jobs.

Pharmaceutical management scope in India

An MBA in Pharmaceutical Management is one of the greatest possibilities for those who want to enter the pharmaceutical sector on a managerial level. In addition to pharma-financial topics, the course includes strategic administration, information administration, and analysis as core administration topics. Suppose they are interested in furthering their education. In that case, holders of an MBA in Pharmaceutical Management can enroll in doctoral-level courses in pharmaceutical economics, Health Systems Pharmacy Management, etc. 

After earning an MBA in Pharmaceutical Management, job seekers can work as drug distribution, sales, or marketing managers for reputable pharmaceutical firms. In this blog, let’s learn about the scope of an MBA in pharmaceutical management in India.

Scopes after completing an MBA in pharmaceutical management

The pharmaceutical industry is one of India’s fastest-growing business sectors, with a strong interest in productive labor. Globalization and progress are unavoidable tendencies that are rapidly invading the industry. According to a report by Equity Master, the Indian pharmaceutical sector is the third largest in volume and the 13th in esteem. India is the world’s largest provider of generic pharmaceuticals, accounting for 20% of global exports in terms of volume.

Higher education in pharmaceutical management

The Post Graduate Diploma in Pharmaceutical Management program is a highly specialized master’s degree that combines concepts from science, business, and leadership. It gives a comprehensive knowledge of enterprise and technology and significantly influences organizational and pharmaceutical essentials. The program focuses on creating new pharmaceutical products and services and provides various employment options. Those interested in the industry can consider enrolling in the program to improve their knowledge and abilities.

Career opportunities in pharma after MBA

An MBA in Pharmaceutical Management is the finest option for individuals who want to work in the pharmaceutical business. MBA Pharmaceutical Management students can find work in sales, marketing, product research and development assistance, market analysis and research, product executive, marketing strategy, project management, and other fields.

Job roles and salary in pharmaceutical management

  • An MBA in Pharmaceutical Management opens up many work and career opportunities. Fresh graduates of the program can readily expect annual salaries ranging from INR 10,00,000 to 30,00,000.
  • MBA in Pharmaceutical Management has become increasingly popular among students recently. The training provides a variety of job options. This demonstrates the course’s enormous popularity among students.
  • Pharmaceutical distributors, purchase managers, quality assurance managers, and other positions are accessible as MBA pharmaceutical management jobs. 

The MBA in pharmaceutical management salary and some prominent job positions with their job roles are included below.

Job positionsJob descriptionAverage annual salary (INR)
Business Development ManagerThey create new business possibilities, negotiate sales initiatives, and obtain financing for various projects.9,00,000
Market Researcher and Drug DeveloperThey include acquiring and analyzing market information and designing usable medications based on the findings.6,80,000
Sales ManagerThey are in charge of fulfilling a company’s daily sales objective. Their primary focus is on increasing income and managing the sales force.7,21,000 
Drug Distribution ManagerThey are in charge of storing and distributing licensed medications. They work with a wide range of manufacturers, suppliers, and retailers.11,34,564 
Pharmaceutical Purchase ManagerThey evaluate current and future material availability by analyzing the market and distribution system.10,00,000
Source

Top recruiters

Many of the world’s largest pharmaceutical businesses seek MBA graduates for positions in strategy and management. Among the several companies are the following.

  1. Alkem Laboratory

The organization is looking for applicants who can handle the responsibilities of a manager, such as creating and implementing plans, monitoring results, managing employees, and making decisions. They are also expected to be capable of managing a whole department or branch and ensuring its flawless operation. Alkem Lab’s average pay is INR 7.1 LPA.

  1. Piramal Enterprises

Piramal Enterprises is an Indian company focused on pharmaceutical and healthcare services. The business is renowned for its cutting-edge drug development, production, and delivery approaches. They have been seeking experts with MBAs in pharmaceutical management. Piramal Enterprises’ average pharmaceutical salary is INR 8.3 LPA.

  1. Cipla

Candidates with great communication skills adept at creating interactions with external parties (such as customers), dealing with stress and pressure, and making quick judgments are welcome at this organization. Cipla’s average MBA in pharmaceutical management salary is INR 6.7 LPA.

  1. Glenmark

This organization seeks applicants with team and project management expertise and proven leadership characteristics. They also seek someone who can work independently and achieve deadlines without supervision. Glenmark’s average MBA pharma salary is INR 7.7 LPA.

  1. Sun Pharma

Sun Pharma is an Indian pharmaceutical company specializing in developing generic pharmaceuticals. They have employed experts with MBAs in Pharmaceutical Management for jobs like Director, Manager for Operations, Quality Assurance, etc. Sun Pharma pays an average MBA pharma salary of INR 7.6 LPA.

Future of Pharmaceutical Management

According to industry experts, given the pharma sector’s increased growth potential, a 10% increase in jobs can be projected in the coming year. If people have the potential and necessary abilities, there are many career chances both in India and overseas. After receiving a bachelor’s degree, pursuing an online MBA from top pharma MBA colleges in India will not only broaden your theoretical knowledge but also assist you in developing the skills required to elevate an organization. There is no doubt that this industry has room to expand in the years to come and there will be several pharma jobs too.

Conclusion

Pharmaceutical Management is a significant sector in the medicinal and pharmaceutical production and distribution industry because of its critical role in decision-making and financial plan placement. The MBA in Pharmaceutical Management program was created by Manipal Academy of Higher Education (MAHE) and offering on Online Manipal. It provides an unrivaled online experience with excellent education without the bother or expense of going to a physical campus.

Key takeaways:

  • The MBA in Pharmaceutical Management job profile entails working in a pharmaceutical company’s research and development department, responsible for developing new treatments and ensuring they are safe and effective.
  • MBA pharmaceutical management positions often require several years of industry experience, including at least one year as a medical researcher or manufacturing engineer.
  • Pharmaceutical managers must be excellent communicators because they frequently interact with internal departments and external groups like regulatory bodies and private investors.

I am pursing an online BBA, and plan to do an MBA too: Lt Lalita Thambi

Lt. Lalita Thambi is an ex-army person who has served in the Indian Military Nursing Services (MNS), a part of the Armed Forces Medical Services (AFMS) of the Indian army. MNS officers are an integral part of the country’s war efforts, humanitarian assistance, rescue operations, hospital ships and submarines, and serve the Indian troops from the highest battlefield to the vast desert lands of India. Lt. Thambi shifted to the private sector about three decades ago and is now working for Fortis Healthcare. She is pursuing a BBA from Online Manipal, with the hopes of completing an online MBA as well. We approached Lt. Thambi for an interview, and she agreed to share her experience in the army and as a civilian with us. 

Why did you decide to join the army? 

I was fascinated by the dedication of soldiers at the border and wanted to learn and experience their tough life routine. Also, the uniform itself was quite attractive with stars on the shoulders! 

At the time of my admission into military nursing, there was only one gateway for women to enter the Indian Army and that was via the Army Medical Corps. I was in my final year pursuing B.Com (Hons.) at Delhi University when the Indian Army opened the intake for non-science students. I was fortunate to get into AMC despite being a commerce student. Indeed, the process for the same was quite robust! 

Describe your military experience 

Since I was part of the MNS, I was part of the rescue team of 181 MH, responsible for handling emergencies like accidental fall of vehicles and buses into the deep valley. I also trained in rifle drills and weapon safety since all MNS personnel are expected to serve in field areas. I also took part in inter-unit badminton matches both doubles and singles and was a champion! 

What were the life-altering lessons you learnt during your service?  

Customs and courtesies are ingrained at every level in our military. Respect for chain of command, for each other, for civilians, and even for enemies is always first and foremost. This applies while working, training, and even during your personal time. We learn to be good at a handful of things through specialization and that sets us apart. Last, but not least, by learning to obey, I learnt how to command. 

During my service, I learnt values like discipline, bravery, selflessness, and adaptability. We were all taught how to make winning a habit and to never shy away from hard work. Military life and service requires a sharp eye and attention to detail, which helps me in everyday life. I was able to develop leadership and ownership skills during my service.  

Military rejuvenates your sense of optimism and passion to achieve lifelong goals. It is undeniable that military service changes you for the good and makes you want to be the person your society, colleagues, friends, and family members can be proud of. 

How does it feel transitioning back to civilian life? 

The decision to separate from the military and transition into the civilian workforce carries many challenges. Both work-role and personal identity transitions occur when one leaves the military. There are the practical considerations, such as where to live and what sort of education or work to pursue. But there are also emotional challenges for service members and their families. Whether it’s a short stint in the military or a long career, it can be a tough change in the first few months – and even years – after finishing your service. 

How did the shift to the private sector happen? 

It was not a choice but an opportunity that fell into my lap. I was approached by an Australian laboratory that wanted to launch in the Indian market with 32 branches across the National Capital Region. They were looking for a supervisor with a military background to train their nurses and phlebotomists. I was offered this opportunity and successfully launched my career as a Staff Development and Education Officer. 

I have been working in the private sector, corporate offices, international and national NGOs for almost 30 years. I always wanted to pursue an MBA in HRM but somehow my hectic work-life schedule after the army didn’t allow me any ‘me time’. Now that I have that in hand, I’m doing what I always wanted to and will look for a different line of work to start as a challenge. 

What does your future look like? 

I have keen interest in starting a small-scale business of my own and a human resource management organization which has both training and development streams. My total work experience has helped me acquire the skills required for both. After my online BBA from Manipal University Jaipur, I will complete an MBA and supplement my learning with industry-relevant Coursera courses that are provided by Online Manipal. 

Online Manipal has given me wings to pursue my dream MBA degree: Hav Ningappa Nayak

Coming from a poor economic background did not hinder Havildar Ningappa Nayak from pursuing his Army dream. From a very young age, Hav Nayak was sure he would serve in the armed forces. With fire in his heart to serve the nation, Hav Nayak joined the Army when he was only 17 years old. While he was committed to his duties in the armed forces, he felt the need to build a strong academic background as well. After a lot of thinking, he pursued his BBA through distance education a few years ago. However, his passion for academics only grew and he wanted to pursue his master’s as well. Having dropped out of several universities due to poor support facilities, Hav Ningappa Nayak came across the online MBA degree from Manipal University Jaipur on the Online Manipal website. He enrolled the program with apprehension but ended up having a great experience. Having enrolled through the scholarship option available for defense personnel, today, he is a happy learner specializing in Human Resource Management.  

This Army Day, we salute him and his contribution to the armed forces. We were fortunate to have interviewed him on this special day and learn from his inspiring journey with the armed forces. Read on to find out all about his service in the Army and his journey with Online Manipal. 

When did you decide to join the Indian Army and serve the nation? 

I belong to a poor family, but I always dreamt about joining the armed forces. When I was in 9th grade, at the age of 14, I started practicing rigorously to appear for Army exams and training. I was fortunate enough to pass my exams and training in the first attempt and was posted in Meerut at the age of 17. 

What are the evergreen lessons you learned during your service in the armed forces? 

The life of every soldier is filled with difficulties and hardships. We have overcome extremely difficult situations that I haven’t shared with anyone, including my family and friends. The Indian Army has given me so much that I can never return this favor to them. One of the biggest lessons I learnt during my 18 years of service in the Army is- never say no to new opportunities. When we are assigned a task, there is no option of saying no. Once the Lakshman Rekha is drawn, there is no looking back. I feel this rule not only applies to our professional life, but also in our personal life. 

Most importantly, the Army has taught me to lead a disciplined life. We often get to deal with challenging situations but over time, we have learnt to overcome them. The Indian Army training also teaches us to strategically overcome difficult situations. In the Army, there is no bias. We live in peace and harmony with our fellow soldiers, irrespective of their caste, religion or where they come from. One thing that surprises me the most is we don’t envy each other’s achievements. We work as a team and ensure our duties are carried out. 

Describe the best/most unforgettable memory during your service 

The encounter of Burhan Wani, commander of Hizbul Mujahideen, in South Kashmir was one of the most unforgettable incidents during my service. The encounter triggered a massive agitation in Kashmir, and we had to face a never-seen-before situation. Peace in Kashmir was disturbed and Indian Army soldiers went through a tough phase. 

Another unfortunate incident I would like to recall is the 2014 Srinagar floods. It was one of the most devastating days for Kashmiris. Several casualties were reported, and the Army was deployed to safeguard civilians. We struggled to provide food, water, shelter and medicines for the victims. However, the Army tried their best to bring the situation back to normal. 

When did you decide to pursue an online degree? 

The Indian Army has given several opportunities to ensure higher education to every soldier. I completed my BBA through distance education and was willing to pursue my masters as well. I decided to pursue an online degree considering its flexibility, accessibility and affordability. The lenience to study from any part of the world is the biggest boon of pursuing an online degree. As a Jawan, an online degree helped me fulfill my academic aspirations. 

Why did you choose to pursue an online MBA from Manipal University Jaipur? 

When I was deployed in Srinagar in 2018, I had taken admission in five different universities to pursue my MBA. However, they weren’t providing the necessary support and study materials to students. I faced a lot of difficulties, and I couldn’t complete my degree. When I moved to Lucknow, I got the opportunity to pursue my online degree from Manipal University Jaipur. I was quite apprehensive about the program considering my past experiences, but I have had a wonderful experience with the university, and with the support services of Online Manipal. 

Describe your experience with Online Manipal 

There are several aspects I loved about my online learning journey with Online Manipal. The programs are designed in such a manner that learners can understand concepts without any difficulty. As an Army man, I don’t have much time to dedicate to my academics. But the study material is easily understandable and includes pictorial representations of concepts. 

The weekend classes turned out to be very convenient for me. I usually attend Saturday classes after work. I’ve also thoroughly enjoyed Sunday classes. Moreover, the recordings of the live classes are immediately available on the LMS. This has been extremely helpful to me when I missed the live sessions due to work commitments. 

The course mentors are approachable at any time in the day, and they have kept a check on me throughout the program. The webinars and guest lectures also turned out to be fruitful. The guest lecturers are experts in their field and have guided me in understanding several management related concepts. Even though I took up HRM as my elective, I got an opportunity to get an overview of other electives like marketing and information technology. 

I completely made use of free access to paid Coursera content offered by Online Manipal. The courses in HRM and computer science were extremely helpful to me. 

Did you attend the industry readiness webinars organized by Online Manipal ahead of the placement assistant drive? 

Yes, I attended the industry readiness webinars, and I must say that Online Manipal has taken great effort in preparing learners ahead of the placement drive. From resume building, interview skills and group discussion skills, they have played a key role in guiding students and preparing them for interviews. 

I would like to make a special mention to the student support team at Online Manipal. They’re exceptional. I faced a technical glitch in one of the examinations and I immediately received help and was able to complete my exam. This kind of support is very helpful to a jawan like me, since I often face network issues. 

Has Online Manipal played a part in helping you fulfill your dreams? 

For the last 8 years, I’ve been wanting to pursue my MBA degree. I faced several difficulties with other universities and had to drop out of the degree midway. Moreover, in the Army, we get posted to different locations across the country, so there is a great chance that our education is discontinued. However, Online Manipal is a great platform for the armed forces to pursue their higher education in the online mode and I’m extremely happy with the experience. 

On Army Day, what would be your message for today’s youth and the armed forces? 

It is very important for today’s youth to understand what happens within the armed forces. If they ever get a chance, they must spend at least 4-5 years in their lifetime serving the Army. The armed forces instill valuable lessons that no other profession can. 

Speaking about the armed forces, I can’t thank it enough for the once-in-a-lifetime experiences it has given me. They not only take care of us, but our families too. I would like to thank and salute every Indian Jawan on this Army Day.  

National Youth Day: How technology is fulfilling the aspirations of today’s youth

National Youth Day or Yuwa Diwas is celebrated every year on January 12 in commemoration of Swami Vivekananda’s birth anniversary. Swami Vivekananda is fondly remembered as one of India’s greatest social and youth leaders. This day is all about celebrating the youth of the country and taking inspiration from Vivekananda’s ideas and philosophies.  

When we think about our global future, the first thing that comes to our mind is today’s youth. In practical terms, today’s youth are going to define tomorrow’s world. Youth are the most dynamic segment of the population. Speaking of India, our country is home to a fifth of the world’s youth population. One of the youngest countries in the world, India’s youngsters are said to play a key role in achieving the nation’s target of USD 5 trillion.  

What’s the biggest force driving youngsters? Undoubtedly, technology. While technology is bringing massive transformations to the lives of today’s youth, it wouldn’t be wrong to say that youngsters are playing a key role in advancing technology. The potential of young people coupled with the power of technology is driving the digital world we live in. The young generation is contributing to the creation of new jobs, promotion of healthcare systems and access to quality education- all with the help of technology.  

Why are today’s youngsters so enthusiastic about advancing technologies? What do the youth really want? 

Flexibility 

Youngsters want to live an easy life. They don’t want to be restricted and want to be set free. Technology has quite literally brought everything to our fingertips. From ordering groceries to booking a holiday, everything is accessible on our mobile phones; and so is education. The advent of EdTech companies has brought education to our fingertips too. Several top educational institutions are providing online degrees, which can be pursued as at convenient and flexible schedule. 

Greater accessibility 

Youngsters have already made a positive shift towards work from home. Even post pandemic, several organizations continue to provide work from home options. The young working generation made use of this opportunity and began to travel while managing their work schedules. Working from popular holiday destinations soon became a trend. Now, the youth have an opportunity to pursue an online degree as well while enjoying their vacation. They can study anywhere, anytime and learn at their own pace. 

Earn more while studying 

Today’s youth want more money. With online degrees, you can study from home or even while travelling. They don’t have to quit jobs, instead they can use their spare time to focus on academics.  

A rewarding career 

At the end of the day, every youngster wants a satisfying career. We live in a world where the youth have all the freedom to pursue a career of their choice. With plenty of online degree courses and programs available, the youth can choose to study in a domain that lands them a rewarding career.  

Independence & dignity 

A rewarding career paves the way for financial independence and dignity. Today’s youth don’t want to be dependent on their parents for their expenses. Many aims for financial independence at a very young age. Pursuing an online degree gives them the opportunity to become independent and goal oriented.  

All these expectations of the youth are being fulfilled by technology. Technology has given them the space to explore, learn and relearn concepts and is helping them stay updated on what is happening around the world. As we live in the digital age, the older generation needs to adapt to the changes that will improve the lives of today’s youth. 

Conclusion 

Nation building is now in the hands of youngsters. Be it education, politics, healthcare or business, technology and youth are in the driving seat. Technology has opened doors to greater opportunities, connected people of similar interests, especially the younger generation. Young visionaries will continue to create an impact in today’s digital world.  

We can expect these higher education trends in 2023

On the eve of the new year 2023, the Chairman of the University Grants Commission (UGC) of India, Professor M. Jagadesh Kumar, gave an interview with the Indian news agency IANS, in which he discussed various trends and changes that are expected to happen in the higher education sector in India in 2023.  

Major steps to be implemented in 2023

UGC chairman has listed some rules and steps that the apex higher education regulatory body is planning to implement this year. 

  • UGC will facilitate Indian higher education institutions (HEIs) to strengthen their international presence. 
  • UGC is all set to establish a National Digital University that will offer a wide range of qualifications and bring together various universities with no upper limit on the number of seats so that students who have completed 12th grade can access higher education. 
  • UGC will be implementing the National Higher Education Qualification Framework, which will make it easier to integrate vocational education into higher education. 
  • UGC will be launching a National Credit Framework, which will integrate credits from school, higher education, and vocational education, as well as experiential learning. The universities will also offer the option of multiple entry and exit, through the Academic Bank of Credits. 
  • UGC is encouraging universities to incorporate Indian Knowledge System into higher education. 

Acceptance to FYUP

Several universities are working on introducing a Four-Year Undergraduate Program (FYUP) that allows the institutions to create their own implementation mechanisms through academic and executive councils to better facilitate students in pursuing their research interests, promoting creativity, and fostering entrepreneurial and innovative skills, ultimately leading to better employability.  

The FYUP is designed to implement a holistic and multidisciplinary educational approach, providing students the flexibility to focus on their chosen major and minor areas of interest, as per their preferences. With the introduction of the ‘Curriculum and Credit Framework for Undergraduate Programme’ by the University Grants Commission (UGC), universities now have the option of providing an FYUP, allowing students to study one or more specialized areas of interest in-depth. 

Collaboration with foreign universities

The National Education Policy 2020 (NEP 2020) plans to bring in some of the world’s top universities to operate in India, by providing the necessary provisions for setting up and operating campuses of Foreign Higher Educational Institutions (FHEIs) in the country. This move aims to provide an international dimension to higher education in India while allowing Indian students to obtain foreign qualifications at a more affordable cost and make India a more attractive study destination for students from around the globe.  

It is reported that several universities from countries such as the USA, UK, France, Australia, and Italy have shown their interest in this opportunity, and it is expected that once the regulatory provision is announced, more well-performing foreign universities will come forward to apply.  

The University Grants Commission (UGC) has also reached out to Ambassadors and Heads of Missions from 66 different countries whose universities are eligible for collaboration. These countries include the USA, UK, Australia, Canada, Germany, Singapore, Israel, New Zealand, Norway, and Malaysia among others. Meetings were organized with select US universities with the support of the Indian Mission and German universities in collaboration with DAAD. 

At present, 49 foreign HEIs are collaborating with Indian HEIs. Indian students will be able to earn internationally relevant education in India through twinning, joint, or dual degree programs with academic collaborations between Indian and foreign HEIs. 

Online Manipal offers high-quality degrees

Online Manipal is a premier online education platform that provides access to high-demand degree programs from esteemed institutions such as Manipal Academy of Higher Education (MAHE), T.A. Pai Management Institute (TAPMI), and Manipal University of Jaipur (MUJ). Students from diverse backgrounds and locations can enroll in undergraduate, postgraduate, or certificate programs offered. 

Currently, students have the choice to select from a variety of programs, such as BBA, BCA, B.Com, MBA with over 20 specializations and electives, MBA-BKFS, MCA, M.Com, M.Sc. in Data Science, M.Sc. in Business Analytics, PGCP in Business Analytics, PGCP in Logistics & Supply Chain, PGCP in Data Science & Machine Learning, and PGCP in Cloud Computing. The curriculum of these programs has been developed in consultation with industry experts to provide advanced knowledge in respective domains. The classes are taught by expert faculty members utilizing an advanced learning management system (LMS). 

Programs at Online Manipal is affordable and make it possible for students from all backgrounds to pursue their educational goals. Students can apply for scholarships, take advantage of EMIs, and access other financing options to fund their education. In addition, Online Manipal also provides placement assistance to students to help them secure a good career and achieve professional growth. So why wait? Enroll now! 

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    Bachelor of Business Administration (BBA)
    Manipal University Jaipur


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