Biotech and Pharmaceutical Management MSc

London, Stratford (UCL East)

Embrace one of the fastest paced sectors in health through this cutting edge Master’s programme that focuses on the business and management of biotechnology and pharmaceutical ventures.

UK students International students
Study mode
UK tuition fees (2022/23)
£16,500
£8,250
Overseas tuition fees (2022/23)
£29,400
£14,700
Duration
1 calendar year
2 calendar years
5 calendar years
Programme starts
September 2022
Applications accepted
All applicants: 18 Oct 2021 – 21 Mar 2022

Applications open

Entry requirements

An upper second-class UK Bachelor's degree in a health, science, business or economics related subject or an overseas qualification of an equivalent standard. Graduates without the relevant degree classification but with extensive relevant work experience are welcome to apply and will be considered on an individual basis.

English language requirements

If your education has not been conducted in the English language, you will be expected to demonstrate evidence of an adequate level of English proficiency.

The English language level for this programme is: Good

UCL Pre-Master's and Pre-sessional English courses are for international students who are aiming to study for a postgraduate degree at UCL. The courses will develop your academic English and academic skills required to succeed at postgraduate level. International Preparation Courses

Further information can be found on our English language requirements page.

Equivalent qualifications

Country-specific information, including details of when UCL representatives are visiting your part of the world, can be obtained from the International Students website.

International applicants can find out the equivalent qualification for their country by selecting from the list below. Please note that the equivalency will correspond to the broad UK degree classification stated on this page (e.g. upper second-class). Where a specific overall percentage is required in the UK qualification, the international equivalency will be higher than that stated below. Please contact Graduate Admissions should you require further advice.

About this degree

This leading edge programme that brings business together with biotechnology and pharmaceuticals has been crafted by academics and industry experts at the world’s first business school dedicated to health. Taught from a global top 10 university, the Biotech and Pharmaceutical Management MSc offers a unique opportunity to learn from the best in the sector and secure your future employability.

The pioneering world of biotechnology and pharmaceuticals is more globally relevant than ever before. Bringing biotechnology and pharmaceutical innovations to market requires experts with critical knowledge of this complicated world. With an ever growing need for the development of new drugs in response to emerging global medical issues, applying a business mindset to this area of health is increasingly vital.

The Biotech and Pharmaceutical Management MSc teaches students an advanced level of the interactions between business and science in this field. Bringing together the expertise of both the UCL Global Business School for Health (UCL GBSH) and UCL’s other cross-disciplinary centres including the UCL Institute of Clinical Trials and Methodology, participants on the programme gain crucial insights from multiple perspectives. With content bound together by the pharmacoeconomics discipline, the programme also includes important information on regulations and market access. Bringing this action learning environment to life, students have the opportunity to take an idea for a drug or biotech product from the trials stage to business case. 

A Master’s degree that offers highly transferable and relevant skills, you’ll go on to bring an important blend of innovation, business skills and knowledge of the biotechnology and pharmaceutical sectors to your future ventures and employers.

Who this course is for

Our Biotech and Pharmaceutical Management MSc programme is ideal for individuals who envisage a career that spans across biotechnology, pharmaceuticals, business and entrepreneurship. You may be a new or recent graduate in a health or science field – or have a PhD or lab experience – wanting to gain skills in the business side of biotechnology and pharmaceuticals. You may already work in biotechnology or pharmaceuticals, but wish to cross over into management. Or you may work in a consultancy capacity with the biotechnology or pharmaceutical sector, with ambitions to bring specialist knowledge to your clients. This versatile degree is ideal for a range of individuals who want to work with the biotechnology and pharmaceutical world, from start-ups right through to established corporations.

What this course will give you

The Biotech and Pharmaceutical Management MSc is an ideal programme for individuals who wish to run a successful start-up in the biotechnology or pharmaceutical sector, or for those who want to bring an innovative skillset to future employers in a biotechnology or pharmaceutical business. Read more about your employability below.

Learning and living in a world capital

This programme is taught from an elite custom-built location at UCL East, on the Queen Elizabeth Olympic Park in east London. UCL East builds on UCL’s progressive history, positive impact and disruptive spirit – bringing together UCL academics, students, local communities and industry to solve the biggest challenges affecting people’s lives and the planet.

Building on UCL’s longstanding health credentials – with health spanning across every faculty in the university – the UCL Global Business School for Health (UCL GBSH) has created a unique learning environment for individuals who want to thrive in their roles in the global health economy. Bringing together world-renowned academics in health and business, UCL GBSH is committed to disrupting and reimagining global healthcare by cultivating a new generation of changemaking leaders and innovators.

The foundation of your career

Employability

Graduates of the Biotech and Pharmaceutical Management MSc programme will enjoy a solid foundation in their understanding of the interconnections between biotechnology, pharmaceuticals and business. In particular, graduates will develop an ability to think with an entrepreneurial mindset, identifying opportunities for products, solutions and inventions that come from healthcare research. They will gain practical skills in relation to different measures for biotechnology and pharmaceutical costs and outcomes, and acquire a detailed understanding of pharmacoeconomic techniques including Cost-Benefit Analysis, Cost-Effective Analysis, Cost-Utility Analysis, Cost-Minimisation Analysis, and Cost-Consequence Analysis. This is underpinned by a critical understanding of the ethical, legal and regulatory factors linked with biotech and pharma business development.

Your career is the focus of workshops and discussions during an enhanced induction at the start of the programme, and is revisited throughout the degree. You’ll also build contacts and networks with a variety of experts, industry leaders and colleagues throughout your time with us.

Paths to work after this programme

  • Start-up companies in the biotechnology or pharmaceutical sector.
  • Public, private or non-governmental organisations (NGOs) in the biotechnology or pharmaceutical space.
  • Biotechnology, pharmaceuticals and business specialisms in professional services, e.g. accountancy, insurance or legal firms.
  • Government and public bodies.

Graduates coming from our Biotech and Pharmaceutical Management MSc can expect to have:

  • Written and verbal communication skills appropriate for working in fast paced and innovative environments.
  • Practical knowledge of different measurements for pharmaceutical and biotech costs and outcomes.
  • An in depth understanding of how pharmacoeconomic techniques such as Cost-Benefit Analysis, Cost-Effective Analysis, Cost-Utility Analysis, Cost-Minimisation Analysis, and Cost-Consequence Analysis drive decision making on the effectiveness of medical technologies.
  • Substantial research and analytical skills, with a good knowledge of specific methodologies, which support an understanding of clinical trials.
  • Crucial knowledge of the ethical, legal and regulatory issues associated with biotech and pharma business development.
  • The ability to identify key stakeholders and differences in health systems that impact biotech and pharma businesses.
  • The proficiency to capitalise on entrepreneurial opportunities, either independently or within organisations.
  • Experience in teamwork and collaboration to help with problem solving and making teams effective at delivering equality, diversity and inclusion.
  • A mindset embracing innovation, nurtured by the experiential learning and real world examples used in teaching at UCL GBSH.
  • Resilience and know-how to protect self-management, work-life balance and mental health, supported by continuous professional development throughout the programme

Teaching and learning


Written exams – these will test your knowledge of and ability to analyse various case studies and scenarios and you will demonstrate your ability to apply that knowledge.
Coursework essays – these will allow you to demonstrate your organisation of knowledge and understanding to develop cohesive arguments.
Presentations – you will demonstrate the ability to select, synthesise and communicate information for varied audiences/purposes, using a variety of media, through both group and individual projects.
Business project – you’ll demonstrate and further enhance your project management, business planning and design, budget forecasting, strategy development and marketing skills along with an understanding of stakeholder engagement.
Research project – the research project will hone your research analysis, literature review, critical appraisal, structured research writing and presentation of argument skill set. 
Enhanced research skills – you will learn how to model health based hypotheses, literature reviews and practical analysis of results.
Health and Business case written analysis – you will establish identification of need, challenges of buy-in, legal ramifications of development, obstacles and ethics through business and academic orientation.
Business presentation – through this you will gain communications skills and the ability to be targeted, persuasive and professionally interrogate current knowledge and understanding with the capacity to take existing knowledge to new scenarios.
 

Face-to-Face attended sessions and online directed learning form typically 15 to 18 hours per week in terms 1 and 2, and there is considerable independent reading and recorded lectures study expected through the module delivery period and in the identified revision weeks.

Modules

Full-time

The MSc Biotech and Pharmaceutical programme offers you an opportunity to develop a breadth of understanding of what the Biotech and Pharma business landscape involves particularly in regards to various health systems and approaches to therapeutics.

The programme is designed to give you an appreciation of these complex and fast-changing sectors and is delivered during terms one and two in seven modules. You will receive in the first term a grounding in clinical trials and statistics coupled with the extensive regulatory frameworks that the biotech and pharmaceutical sectors operate within. 

In term two, you will focus on grasping and synthesising the key business issues and opportunities such as commercialisation, supply chain and drug management. All students on this programme will be engaged in a group business project that involves analysing and stakeholder mapping a drug or biotech product from trials to the business case and pitch. 

Throughout the 12-months, students will also work on two projects, and term three is dedicated to completing this project work and consolidating learning from terms one and two

There will be several milestones that will form part of the formative assessments to help students develop their projects along with workshops in term 1 and 2. You will also have industry mentors for your projects. The final output will be a business plan/report with presentation.

Assessment of the Biotech and Pharmaceutical Management MSc is through written examinations, coursework essays, presentations, assignments and two projects.

Core modules

Pharmaceutical and Biotech Policies and Practices - 15 credits
Focusing on biotechnology and pharmacology practices and strategies, this module looks in more depth at research and development, business maintenance and expansion and licensing. You will also learn about pharmaceutical expenditures and the pricing of drugs, as well as patents, intellectual property and patents.
Assessed through a 2,000 word policy brief (80%) and a group presentation of a case study (20%).

Pharmacoeconomics - 15 credits
This module hones in on this branch of health economics which deals with identifying, measuring and comparing the costs and consequences of pharmaceutical products and medical technologies. As well as learning about the role pharmacoeconomics can play in decision making, you will also understand concepts involved in pharmacoeconomic analysis.
Assessed through a two-hour open book examination.

Introduction to Clinical Trials Design and Statistical Analysis - 30 credits
Introducing students to the principles of clinical trials, this module looks in depth at designs, statistical principles and critical appraisal in the clinical trial field. Module content also includes treatment allocation methods, sample size calculations, statistical analysis plans, reporting clinical trials and understanding systematic reviews.
Assessed through a 2,000 word assignment (50%) and a two-hour exam (50%).

Commercialisation of Research Ideas - 15 credits
This module provides a structured approach to understanding how discoveries in bioprocessing or life sciences can be taken through to a real outcome. You will learn about evaluating potential commercial opportunities, selecting optimal routes for commercial exploitation, and constructing business plans to raise funding.
Assessed through coursework (70%) and an essay (30%).

Supply Chain Management - 15 credits
Looking at the various aspects of healthcare supply chain management, this module explores topics including obtaining resources, managing supplies and the delivery of goods and services to providers and patients. You will also gain insights into the stakeholders involved, upstream and downstream relationships with suppliers and customers and the role of regulatory agencies.
Assessed through a two-hour open book exam.

Pharma Commercialisation and Marketing - 15 credits
Designed to provide a foundation in marketing concepts and principles specifically for the pharmaceutical industry, this module highlights the opportunities and challenges in the commercialisation of pharmaceutical products. Module content includes stakeholder engagement, how pricing and payment arrangements differ between health systems and business development approaches.
Assessed through a 2,500 word case study analysis.

Capital and Equity Markets for Healthcare - 15 credits
This module looks at how capital and equity markets work, as well as how they can be used to advance the research and development of healthcare products. With a focus on early stage biotechnology firms who are driving innovation in the healthcare sector, you will learn about the features and challenges of investing in healthcare innovations and how investors assess companies in this field.
Assessed through a 2,000 word business case analysis (80%) and a 10-minute group presentation (20%).

Projects

Business project - 30 credits

This is a group project to develop an idea for a new drug or biotech product from the analysis and trials stage to a business plan. The project brings together learning and key aspects of business and management that you acquire throughout the programme, including strategy, project management, financing, marketing and leadership. Group work involves conceptualising, undertaking proof-of-concept, developing a business proposal, preparing an outline business case and subsequently a detailed business case on an approved project. 

Assessed through an 8,000 word group project report (70%), a group presentation (20%) and 360-degree feedback (10%).

Research project - 30 credits

This is an individual project on the topic of your choice to use and demonstrate your research skills and knowledge of biotech and pharma management. Giving you the opportunity to shape and engage with a topic you are interested in, the project combines your learning from the programme with desk-based research to create an original piece of research.

Assessed through a 7,500 word research paper.

Please note that the list of modules given here is indicative. This information is published a long time in advance of enrolment and module content and availability is subject to change.

Upon successful completion of 180 credits, you will be awarded an MSc in Biotech and Pharmaceutical Management.

Accessibility

Details of the accessibility of UCL buildings can be obtained from AccessAble accessable.co.uk. Further information can also be obtained from the UCL Student Support & Wellbeing team.

Online - Open day

Graduate Open Events: Global Business School for Health MSc

Online - Open day

Graduate Open Events: Applying for Graduate Study at UCL

Fees and funding

Fees for this course

UK students International students
Fee description Full-time Part-time
Tuition fees (2022/23) £16,500 £8,250
Tuition fees (2022/23) £29,400 £14,700

Additional costs

There are no additional costs for this programme.

For more information on additional costs for prospective students please go to our estimated cost of essential expenditure at Accommodation and living costs.

Funding your studies

UCL GBSH scholarships available for students:

The GBSH Women Healthcare Leaders Scholarships are for female students who demonstrate leadership potential. Research confirms that women are the primary consumers of healthcare as well as the workforce, but they remain underrepresented in leadership roles. The recipients of these scholarships will also be provided with leadership coaching and high impact leadership training as part of their scholarship.

The East London Healthcare Leaders Scholarships are for students who live or work in East London and are keen to make a difference for their local community. As part of the East London community, we want to help develop the local talent in health and healthcare management and leadership.

For eligibility criteria and details of the application process and deadlines please visit the scholarships section of the UCL GBSH website.

For a comprehensive list of the funding opportunities available at UCL, including funding relevant to your nationality, please visit the Scholarships and Funding website.

Next steps

Students are advised to apply as early as possible due to competition for places. Those applying for scholarship funding (particularly overseas applicants) should take note of application deadlines.

There is an application processing fee for this programme of £90 for online applications and £115 for paper applications. Further information can be found at Application fees.

When reviewing MSc in Biotech and Pharmaceutical Management applications, we will assess your eligibility for the programme based on a combination of your academic credentials, any relevant work experience, personal statement, and references. We are looking for applications from ambitious individuals who want to become the next leaders in the biotech and pharmaceutical sectors.

When we assess your application we would like to learn:

  • why you want to study Biotech and Pharmaceutical Management at graduate level
  • why you want to study the Biotech and Pharmaceutical Management MSc at UCL and what your objectives are
  • What particularly attracts you to the chosen programme (content and opportunities)
  • How your academic, professional and personal background has prepared and qualified you for the demands of this challenging programme
  • Where you would like to go professionally through and after this programme.

Please note that you may submit applications for a maximum of two graduate programmes in any application cycle.

UCL is regulated by the Office for Students.

This page was last updated 28 Sep 2021