This document discusses the pharmaceutical and healthcare industries in India. It provides the following key points: - The pharmaceutical industry in India has grown rapidly in recent decades at 9% annually and is well-positioned for further expansion. The healthcare sector also presents many opportunities. - Career opportunities exist in areas like pharmaceutical sales and marketing, operations, drug distribution, hospitals, health insurance, and research. Degrees in pharmacy, life sciences, healthcare management can prepare students for mid-level industry jobs. - The pharmaceutical industry is a major employer and is projected to grow five-fold in size by 2022. Exports have also increased substantially, with India now exporting drugs to over 200 countries worldwide.

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Pharma & Healthcare Management
7/9/2013
Sudheer Reddy

2. Pharma & Healthcare management - Introduction
The pharmaceutical industry in India today is one of the most well-organized and
advanced industries among the developing countries of the world. In the last decade,
this industry has grown in leaps and bounds. India can hold its own position among
the leading pharmaceutical companies in the world. At a growth rate of 9 per cent per
year, the pharmaceutical industry in India is well set for rapid expansion.The
progressive nature of this industry in India is attracting huge investments from
international players as well.
The healthcare market has opened a window of opportunities in the country. There is
a huge demand- supply gap in the healthcare delivery business in India. Health Care
Management develops the managerial and business skills that a student must possess
to work effectively, within the healthcare industry. With a PGDM in healthcare
management as specialization, students are prepared for mid-level or executive level
jobs.
Do you know?
· India ranks 3rd worldwide in volume and 13th in terms of value of the global
pharmaceutical sales
· The Indian pharmaceutical sector is expected to grow 5-fold in the next seven
years, from Rs. 1 lakh crore to Rs 5 lakh crore, as per government estimates
· The Planning Commission has set a target for the Indian pharmaceutical
industry to reach $ 100 billion by 2020 according to 12th
5 year plan (2012-17)
· The sector should employ 15 lakh people by 2015, 18.98 lakh by 2018 and 24.64
lakh people by 2022, instructed by Planning Commission to pharma companies
· Pharmaceutical exports of Indian companies in 2012-13 is expected to touch Rs
75,000 crore, up by 25 per cent over last year
· India exports pharmaceutical products to more than 200 countries around the globe
including the highly regulated markets of US, Europe, Japan and Australia
· A report by All India Management Association, Boston Consulting Group and the
Confederation of Indian Industries (CII) stated that Healthcare industry is expected to
generate over 40 million new jobs by 2020
· The healthcare industry in India is expected to reach $155 billion in terms of
revenues by 2017
Career opportunities-Pharma Management

3. Indian/Foreign MNCs in pharma sector are keen to recruit Management graduates in
managerial positions in various streams, like:
· Market research
· Sales and marketing
· Logistics
· Operations & Supply chain
· Drug Distribution
· Pharma retail chains
· Pharma Consulting firms
· Health insurance organizations
· Hospitals
· Universities and Research institutions.
Career opportunities-Healthcare Management
This is an exciting time for healthcare management. Healthcare is changing more
rapidly than almost any other field. There are plenty of opportunities for healthcare
professionals currently and in the next 20 years. Some of them are:
· Hospital planning
· Hospital accounts & Financial management
· Patient care management
· Facility management
· Hospital branding & marketing
· Health insurance
Eligibility
Any graduate with 50% & above and has qualified in one of the competitive exams
such as CMAT/CAT/MAT/ATMA/XAT/GPAT/ICET/Others
Who should apply?
Any graduate with one of the following streams:
B.Pharmacy
B.Sc. Life sciences
Micro-Biology
Bio-Tech
Bio-Chemistry
Medicine
Nursing
Physiotherapy
Homeopathy
Ayurvedic
Veterinary
Paramedics
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