Why Master’s In Pharmacy Is Important In The Pharmaceutical Industry?

Pharmacy

The pharmaceutical industry is breaking ground in recent years with its significant discoveries and fuelling up its global market value to USD 516.48 billion in 2022. As the industry is expanding widely in recent years, especially since covid’19, the career pool in the pharmaceutical industry is also widening. To enjoy a fruitful career in the pharmaceutical industry, taking up a Master’s degree at top M Pharm colleges in Coimbatore is one of the strong choices.

This article will help you know more about the Master’s in Pharmacy courses and their importance in the pharmaceutical industry.

Master’s in Pharmacy courses in India:

India has the third largest pharmaceutical market in the world with top pharmaceutical companies and in par to it, India holds many top pharmacy colleges providing top master’s in pharmacy courses.

Here are the course details of master’s pharmacy courses in top colleges such as Cheran College of Pharmacy, one of the best M Pharm colleges in Tamilnadu, and others.

Course NameMaster of Pharmacy (M.Pharm)
Course DescriptionM Pharm courses are advanced-level courses that offer specialized pharmaceutical education in chosen specializations.   This course imparts deeper knowledge of pharmaceutical practices and techniques.
Course LevelPostgraduate level
Duration2 years
Eligibility criteriaThe basic eligibility criteria to pursue an MPharm in top colleges such as Cheran College of Pharmacy, one of the best pharmacy colleges in Tamilnadu,and others are as follows:   Candidates should have completed a B Pharm degree with a minimum of 50% aggregate score at any recognized educational institution.   A relaxation of 5% is offered for reserved categories such as SC/ST/OBC in certain colleges.
Admission ProcedureAdmission to M Pharm courses is offered either on a merit basis or an entrance exam basis.   Certain top colleges such as Cheran College of Pharmacy, one of the best pharmacy colleges in Tamilnaduoffer merit-based admission considering a B Pharm score as per the guidelines of the Tamil Nadu Government. Certain other colleges consider entrance exams such as GPAT, CUCET, etc.

Specialisations offered under Master of Pharmacy (MPharm):

Master of Pharmacy (M Pharm) course is offered in a wide range of specialisations in top colleges such as Cheran College of Pharmacy, one of the best private pharmacy colleges in Tamilnadu, and other colleges.

Here are some of the most demanded M Pharm specialisations for students after B Pharmacy:

  • M Pharm Pharmacology
  • M Pharm Pharmaceutics
  • M Pharm Pharmacognosy
  • M Pharm Medicinal Chemistry
  • M Pharm Bio-Pharmaceutics
  • M Pharm Pharmaceutical Biotechnology
  • M Pharm Clinical Pharmacy
  • M Pharm Drug Regulatory Affairs
  • M Pharm Pharmaceutical Technology
  • M Pharm Pharmaceutical Administration
  • M Pharm Market and Management
  • M Pharm Phyto Pharmaceuticals and Natural Products
  • M Pharm Quality Assurance

Top colleges to pursue Master in Pharmacy:

A pharmaceutically strong nation is India which has got many top colleges that offer remarkable M Pharm courses and some of them are as follows:

Top M Pharm Colleges in IndiaAverage Annual Fees
Cheran College of PharmacyINR 85,000
Panjab University, ChandigarhINR 30,000 – 75,000
National Institute of Pharmaceutical Education and Research, MohaliINR 60,000 – 1.15 LPA
National Institute of Pharmaceutical Education and Research, HyderabadINR 60,000 – 1.25 LPA
Annamalai University, ChidambaramINR 15,000 – 1 LPA

Reasons why a Master of Pharmacy is important and valuable in the pharmaceutical industry:

The pharmaceutical industry is turning tables in recent years and hence finding a place in the pharmaceutical industry is a great competition. But taking up a Master’s in Pharmacy will make the process so easy as it holds a lot of importance. Here are some of the reasons that make a Master of Pharmacy degree important in the pharmaceutical industry:

  • Expertise in Drug Development:

MPharm graduates gain a comprehensive understanding of the drug development process, including drug discovery, formulation, testing, and regulatory approval. This knowledge is crucial for professionals involved in creating new medications and ensuring their safety and efficacy.

  • Clinical Knowledge:

MPharm programs often provide clinical training that equips graduates with a deep understanding of patient care, pharmacotherapy, and disease management. This expertise is essential for pharmacists working in various healthcare settings, such as hospitals and clinics.

  • Pharmacology and Therapeutics:

MPharm graduates have a strong foundation in pharmacology and therapeutics, which enables them to make informed decisions about medication selection, dosing, and interactions. Their expertise helps prevent adverse drug reactions and ensures optimal patient outcomes.

  • Medication Management:

Pharmacists with an MPharm degree play a crucial role in medication management, ensuring proper dispensing, patient counseling, and monitoring of drug therapy. This helps improve patient adherence and reduces medication-related errors.

  • Regulatory Compliance:

MPharm graduates are well-versed in pharmaceutical regulations and quality control standards. They can help pharmaceutical companies adhere to legal and regulatory requirements, ensuring that products meet safety and efficacy standards.

  • Pharmacovigilance:

MPharm professionals are trained to monitor and report adverse drug reactions and safety concerns. This contributes to post-market surveillance, helping identify potential issues with medications and ensuring patient safety.

  • Research and Innovation:

Many MPharm programs emphasize research skills, allowing graduates to contribute to pharmaceutical research and development. Their expertise in designing and conducting experiments can lead to the discovery of new drugs or improvements in existing treatments.

  • Specialization Opportunities:

MPharm programs often offer opportunities for specialization in areas such as clinical pharmacy, hospital pharmacy, industrial pharmacy, regulatory affairs, pharmacoeconomics, and more. These specializations allow professionals to focus on specific aspects of the pharmaceutical industry that align with their interests and career goals.

  • Career Advancement:

An MPharm degree can open doors to advanced career opportunities, such as managerial roles, research positions, and leadership positions within pharmaceutical companies, healthcare institutions, regulatory agencies, and academia.

  • Global Demand:

The pharmaceutical industry is a global market with a growing demand for skilled professionals who can contribute to drug development, patient care, and regulatory compliance. MPharm graduates are well-positioned to meet this demand and contribute to advancements in healthcare on a global scale.

Conclusion:

In summary, a Master of Pharmacy degree is valuable in the pharmaceutical industry due to its comprehensive education in drug development, clinical knowledge, medication management, regulatory compliance, research skills, and opportunities for specialisation, all of which are essential for improving patient outcomes and driving innovation in the field.

Also Read: Why is the BAMS Degree Best Choice to Make a Career in Ayurveda?

FAQs:

  • What does M Pharmacology deal with?

M Pharmacology deals with studying the analysis of drugs for their origin, composition, pharmacokinetics, interaction in living organisms, toxicity, etc.

  • Is there scope for M Pharm?

Yes, there is great scope for M Pharma as the healthcare industry is majorly dependent on the pharmaceutical industry for patient treatments and care.

  • Who are the top pharma recruiters in India?

Some of the top pharma recruiters in India are:

  • Sun Pharmaceuticals Industry Ltd.
  • Dr Reddy’s Laboratories Ltd.
  • Cipla Ltd.
  • Abbott India Ltd.
  • Can M Pharm students pursue MBA?

Yes, M Pharm graduates can pursue MBA by appearing for some of the entrance exams like CAT, GMAT, CMAT, etc. MBA in Hospital Management will be the best choice of MBA after any pharmacy course.