Masters of Business Administration Clinical Research Courses Career Scope: Distance education, Job Profiles, Salary, and Top Recruiters

Updated on :

by Kritika

December 29, 2024 02:23 AM

Master of Business Administration (MBA) Clinical Research Jobs

 

As for the variety of job opportunities, it is possible to have a great number of positions connected with management of the facilities such as healthcare centres, research in the sphere of healthcare, trial management, or even managing pharmaceutical projects.

Job Profiles and Descriptions:

 

Job Profile

Description

Average Salary (INR)

Clinical Trial Manager

Responsible for overseeing the planning, implementation, and management of clinical trials, ensuring compliance with protocols, timelines, and regulatory requirements.

8-12 lakhs per annum

Regulatory Affairs Manager

Manages regulatory submissions, ensures compliance with local and international regulations, and liaises with regulatory agencies to obtain approvals for clinical trials and product registrations.

10-15 lakhs per annum

Pharmacovigilance Specialist

Monitors and evaluates the safety of pharmaceutical products throughout their lifecycle, including the detection, assessment, and reporting of adverse drug reactions.

6-10 lakhs per annum

Clinical Research Associate (CRA)

Conducts site visits, monitors study progress, ensures protocol compliance, and maintains study documentation in accordance with Good Clinical Practice (GCP) guidelines.

4-8 lakhs per annum

Medical Science Liaison (MSL)

Acts as a scientific expert and liaison between pharmaceutical companies and healthcare professionals, providing education and support on products and clinical research findings.

8-15 lakhs per annum

Healthcare Consultant

Provides strategic advice and guidance to healthcare organisations, pharmaceutical companies, or research institutions on clinical research, regulatory compliance, and business development.

8-20 lakhs per annum

Business Development Manager

Identifies and develops opportunities for collaboration and partnerships in the clinical research industry, negotiates contracts, and fosters client relationships to drive business growth.

8-15 lakhs per annum

Clinical Data Manager

Manages the collection, validation, and analysis of clinical trial data, oversees database management activities, and ensures data integrity and quality in accordance with regulatory standards.

6-12 lakhs per annum

Market Research Analyst

Conducts market research and analysis to identify trends, opportunities, and customer preferences in the healthcare and pharmaceutical sectors, supporting strategic decision-making.

5-10 lakhs per annum

Healthcare Administrator

Manages the administrative and operational aspects of healthcare facilities or research organisations, ensuring efficient workflow, regulatory compliance, and quality patient care.

6-12 lakhs per annum

What are the Master of Business Administration (MBA) Clinical Research Future Scope and Salary Trends?

 

The operations within the clinical research industry are highly regulated by the regulatory authorities to guarantee patients’ safety and the quality and reliability of the collected data. Some modern technological innovations in the fields of data capture and wearable technologies are rapidly impacting data acquisition and management of clinical trials. There is significant recognition that the advances in medical research and drug development require a focal point of triad relations between academic educational institutions, the drug manufacturing companies and the regulating bodies in the society.

 

1. Future Scope: The possibilities to get a job with an MBA in Clinical Research are rather great improving with each year since there are still many organisations where the abilities of a person who can combine business thinking and practical clinical research experience are in high demand. Therefore, employment opportunities that graduates may discover and find related to their area of study will include positions in healthcare administration, clinical operations management, and regulatory affairs among others as industries further invest in healthcare innovation and compliance with regulations.

 

2. Salary Trends: Salary scales of clinical research MBA graduates depend on place of work, area of specialisation, or department, and experience level as shown below. Nevertheless, in general, people who work in this sphere receive average wages, but they can receive weak bonuses as they grow up in their careers. The remuneration may be moderate to high depending on the organisation and the level of experience; performance bonuses and incentives may also be offered depending on the supply and demand of the specialised skills.

 

3. Growth Potential: The proliferation of cutting-edge technologies in healthcare and emphasis on evidence-based practice is expected to boost the need for individuals capable of manoeuvring through complex clinical research issues while taking into consideration the business aspect of it. Therefore, the MBA in Clinical Research ensures long-term employment and progression within the fast-growing healthcare market.

Clinical Researcher Salary in India

 

Some survey findings indicated that clinical researchers’ wages in India can vary between INR 3,00,000 and INR 12,00,000 per year depending on experience, qualifications, or employer.

 

Experience Level

Average Salary Range (per annum)

Entry-Level

₹600,000 - ₹900,000

Mid-Level

₹1,000,000 - ₹1,500,000

Senior-Level

₹1,500,000 - ₹2,500,000

Top Recruiters:

 

This table categorises various companies and institutions in the pharmaceutical, healthcare, biotechnology, and herbal medicine sectors.

 

Category

Companies/

Institutions

Pharmaceutical Companies

Cipla

 

Dr. Reddy's Laboratories

 

Lupin Limited

 

Aurobindo Pharma

Contract Research Organizations

Syneos Health

 

IQVIA

 

Cytel

 

Fortrea Development India

Hospitals and Healthcare Institutions

AIIMS

 

Apollo Hospitals

 

Fortis Healthcare

 

Narayana Health

Government Health Agencies

National Healthcare Innovation Portal

 

Revised National Tuberculosis Control Program

 

National Child Neurology Tele-Helpline Services

 

Pharmacy Council of India

Biotechnology Companies

Biocon

 

Biological E

 

Panacea Biotec

 

LifeCell International

Herbal and Ayurvedic Medicine Companies

Zoic Pharmaceuticals

 

Dabur India Ltd.

 

Hamdard Laboratories

 

Baidyanath Pharmaceuticals

Master of Business Administration (MBA) Clinical Research: Distance Education

 

Distance Education option that applies to the Master of Business Administration (MBA) Clinical Research layout the provision of flexibility which does not in any way affect the quality of the course thereby allowing people to improve on their careers with other commitments.

Master of Business Administration (MBA) Clinical Research Distance Course Highlights

 

MBA Clinical Research includes conducting Top-level statistical analysis, appropriate application of the forecasting tools, and tie-up with Industry for practical exposure.

 

Course Name

Description

Clinical Trial Management

Principles and practices of managing clinical trials, including protocol development, site selection, and monitoring.

Regulatory Affairs in Healthcare

Regulatory framework governing clinical research, including FDA regulations, ethical guidelines, and compliance.

Pharmacovigilance

Monitoring and reporting of adverse drug reactions to ensure the safety and efficacy of pharmaceutical products.

Healthcare Economics

Economic factors influencing healthcare delivery and decision-making, including cost-effectiveness analysis.

Research Methodology

Overview of research design, data collection methods, statistical analysis, and interpretation of findings.

Biostatistics

Statistical techniques commonly used in clinical research, such as hypothesis testing and regression analysis.

Good Clinical Practice (GCP)

Principles and guidelines for conducting ethical and scientifically sound clinical research to ensure data integrity.

Clinical Data Management

Practical skills in data collection, validation, and analysis using industry-standard tools and techniques.

Ethical Issues in Clinical Research

Examination of ethical considerations in clinical research, including patient rights and informed consent.

Healthcare Marketing

Marketing strategies and tactics specific to the healthcare industry, including product positioning and promotion.

Master of Business Administration (MBA) Clinical Research Distance Education: Admission Process

 

The admission process typically follows these steps:

1. Complete online application.

2. Submit academic transcripts.

3. Provide a statement of purpose.

4. Include letters of recommendation.

5. Await admission decision.

Master of Business Administration (MBA) Clinical Research Distance Education: Top Colleges

 

College Name

Location

Indira Gandhi National Open University (IGNOU)

New Delhi, India

Sikkim Manipal University Directorate of Distance Education

Gangtok, Sikkim, India

Symbiosis Centre for Distance Learning (SCDL)

Pune, Maharashtra, India

ICRI - Institute of Clinical Research India

Multiple Locations (Delhi, Mumbai, Bangalore, Pune, Hyderabad, Ahmedabad, Jaipur, Dehradun)

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