Biotechnology management or in short Biotech management has emerged as one of the hottest career options from management discipline in the recent times. Its a scientific field where both knowledge of management and Biotechnology are required.
According to the United Nations Convention on Biological Diversity, biotechnology can be defined as any technological application that uses biological systems, living organisms, or derivatives thereof, to make or modify products or processes for specific use." Biotechnology combines disciplines like genetics, molecular biology, biochemistry, embryology and cell biology. In constant endeavor to improve the lives of humans and quality of environs the application of biotechnology to biological science is the soul of biotechnology management.
Viewed as the new hope for knowledge development, bio-tech industry has picked up pace in India as well as in the international arena. As this is again a knowledge intensive field, India is expected to have a competitive advantage, something on the lines of IT revolution. In order to capitalize and exploit this growing field there is a great need for trained man power, both technological as well as managerial.
Managers skilled in bio technology will be better equipped to see that :
Effective and optimum utilization of biotech research.
A holistic vision is adopted towards the research for the betterment of mankind.
Ethical issues, environmental issues and unnecessary tinkering with nature are ruled out. As part of the ethical issues, certain principles to be adhered to. Environment is taken care to rebuild lost forests and help producers grow trees.
Choose biotechnology management as your career and be at the forefront of scientific breakthroughs and advancements.
A course in biotech management is generally available at postgraduate level. Preference is given to aspirants who have completed their Bachelor's or Master's degree in Science (Special/General with Biotechnology, Biology, Botany, Chemistry, Microbiology, Zoology, Biochemistry, Physics, etc), Agriculture, Medical Sciences, Pharmacy, Ayurved, Veterinary Sciences, Technology, Engineering or an equivalent qualification with a minimum of 50% marks.
Courses available in biotech management :
MBA Biotechnology
Post Graduate Diploma programme in Biotechnology Management (PGDBM)
M.Sc. Industrial Biotechnology Management
MeBA (Biotech) (Masters in eBusiness Administration Biotechnology Management)
Going by the Earnst & Young report, the biotech industry would require one million qualified manpower by 2010 in India. Hence the importance of biotech management graduates will be increased significantly.
As a course, biotech management not only provides students with a broad-based introduction to biotechnology but also introduces the theories and practices of management and management skills. Consequently it has emerged as one of the hottest career options for opportunities at the management level in bioinformatics, biotechnology and pharmaceutical industries.
Today biotech professionals symbolize success and quick career growth. As a trainee, one can start with a salary of Rs.8000-Rs.150000. one can command a higher salary as the experiences raises, generally MNCs and private companies pay higher.
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