MBA in Life Sciences

MBA in life sciences

Haven’t located a career that you find absorbing? Do traditional approaches to various subject materials leave you cold? Are you scientifically oriented? Are your skills in communication superb? Then consider investigating the new and dynamic field of combined business and life sciences and earning your MBA.

The completion of a Masters in Business Administration with an emphasis on the life sciences will aim to equip you with knowledge of biological functions and processes in the natural world, of new business models to market and finance, and how to manage newly created products for the improvement of agricultural yields, such as evolving new genetically modified foods. Courses in the program might scrutinize the financial, economic, and business activities in the life sciences industry. Increased understanding of this new field of bioinformatics and the way it affects business concerns will likely be integrated with other course material in most MBA and MS coursework.

Blending the skills needed for the pursuit of scientific knowledge with proficiency in business principles and techniques may make your resume more attractive to prospective employers than candidates with experience in only one of these areas. Education in technology also might increase your skill set, and one new high-tech area to explore is bioinformatics. The field deals with the swift manipulation, collection, and storing of statistics, which allows for faster accessibility of fresh data.

Graduates with this degree might develop their expertise in project management and distribution and materials management. Another employment area in the life sciences MBA is specialization in regulatory agencies at several levels including local, regional, state, and federal. This familiarity with the regulatory environment allows accurate assessments of the impact of regulations on life sciences businesses. Businesses that deal with scientific applications are seeking managers with MBAs in the life sciences who are also knowledgeable about scientific techniques.

Generally, traditional MBA programs have focused primarily on business models. Today’s business leaders recognize the necessity of knowledge in a number of areas. Increasing the educational pace of earning an MBA/MS in life sciences is an important consideration. The goal of life sciences MBA programs is to help students master the strategic and practical aspects of management in this rapidly growing and expanding area. Today’s business managers must also be aware of environmental concerns, regulatory restraints, marketing strategies, and the development of new biotechnological products.

According to the United States Bureau of Labor Statistics, over half of the employees in the area of scientific research are in professional and managerial jobs. These jobs often require a considerable educational investment to prepare for them. Companies involved in this type of research usually work to implement the discovery of new medical devices and new drug treatments. Such corporations seek professionals who have strategic thinking capabilities and analytic skills in organizational environments. Creative and innovative decision making ability and the capacity to make timely critical evaluations in emergencies are in great demand. Help yourself cultivate these skills. Enroll in an MBA program today.