As members of the baby-boomer generation head into their 60s and 70s, their growing need for medical treatment has caused a rapid expansion in the health care industry. Pharmaceutical companies continue to search for new and better ways to treat the conditions of aging, along with methods to ensure that information about new pharmaceutical products reaches both physicians and the public. Students who earn a master of business degree in pharmaceutical management or marketing work in pharmaceutical sales and sales management, marketing management, product and brand development, and as project managers.
Drexel University's Master of Arts in pharmaceutical management is a 28-month course of study offered through the LeBow College of Business in Philadelphia, Pennsylvania. The program combines online courses with face-to-face residency periods of groups of cohorts taking courses in the same sequence and completing the program together. The format of the program is geared toward working professionals. Coursework is designed to integrate management and leadership studies with medical science and health care policy. The Financial Times ranked Drexel's master in pharmaceutical management degree program as one of the top 25 distance learning providers in the world.
University of Colorado
The University of Colorado in Denver offers a Master of Business Administration in health care administration with an option in pharmaceutical management. The program is designed to give students a more specialized understanding of the pharmaceutical industry as it applies to the health care field. The pharmaceutical management option allows students to bypass selected courses in exchange for courses such as the health care industry and role of the pharmaceutical companies, health sector supply chain management and pharmaceutical marketing and pharmacoeconomics.
New Jersey has the highest concentration of pharmaceutical companies nationwide, putting Rutgers University, Newark, at a strategic advantage for its students in the master of arts pharmaceutical management program. The school has partnerships with several well-known pharmaceutical companies, including Bayer, Bristol-Myers-Squibb and Novartis. Rutgers also is within close proximity to the top hospitals of New York City and Philadelphia, offering students a wide selection of job opportunities.
St. Joseph's University
St. Joseph's University in Philadelphia offers a Master in Business Administration in pharmaceutical and health care marketing through its Erivan K. Haub School of Business. The degree program, which is formatted with the working executive in mind, is offered in an accelerated online format or in a traditional classroom setting. Its urban campus location is along the mid-Atlantic health care corridor and the program features lectures from industry leaders. According to the school, more than 80 percent of the program's students are promoted at their jobs even before completing the program.