Pursing a degree online will afford you the flexibility to complete your MBA in biotechnology on your own schedule. You'll learn the broader skills associated with managerial and administrative duties in classes like marketing management, and managerial accounting. You will also have an opportunity to learn the details of the biotechnology field in classes like applied biotechnology.
Opportunities are abundant for people with MBAs in biotechnology, particularly with pharmaceutical companies or as consultants. Management accounts for about one quarter of the jobs related to biotechnology. Managerial positions are expected to increase by 30% over the following decade.
According to the Bureau of Labor Statistics, compensation for managers in industries within biotechnology is significantly higher than managers in other industries. The Bureau of Labor Statistics reports that median yearly income was nearly $136,000 in 2008 for managers working in the pharmaceutical industry.
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University of Maryland University College
- MS in Biotechnology Studies
The MS in biotechnology studies program seeks to provide a thorough grounding in management and policy issues unique to the biotechnology industry. Graduates of the program, regardless of their level of prior technical education, will have a greater grasp of the technologies currently in use in the biotechnology industry. They will understand the regulatory role of federal and state governmental agencies as well as international bodies and professional groups. They will also gain a deeper understanding of the "business of biotechnology", including financial, strategic, and human resource management in the industry. Finally, graduates of the master's in biotechnology studies will have increased knowledge of bioinformatics.
Simon Fraser University offers the following online biotechnology MBA degree:
- Biotechnology MBA
The Biotechnology MBA delves into the complexities of the biotechnology industry with its ethical, regulatory and business development issues. The program provides students with both the knowledge base and managerial capacities to excel in this exciting industry.
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