Placements at Modern Institute of Pharmaceutical Sciences
Placement statistics at the Modern Institute of Pharmaceutical Sciences (MIPS) reflect a consistent trend of high student success in securing roles within the pharmaceutical and healthcare sectors. The institute has established itself as a premier destination for students seeking careers in pharmaceutical sciences, with a placement rate consistently exceeding 90% over recent years.
Placement Data: Last 5 Years
| Year | Highest Package (INR) | Average Package (INR) | Median Package (INR) | Placement Rate (%) | PPOs Received |
|---|---|---|---|---|---|
| 2024 | 2500000 | 800000 | 750000 | 95.0 | 135 |
| 2023 | 2300000 | 780000 | 740000 | 94.0 | 125 |
| 2022 | 2100000 | 750000 | 720000 | 93.0 | 115 |
| 2021 | 2000000 | 720000 | 690000 | 92.0 | 100 |
| 2020 | 1900000 | 690000 | 650000 | 91.0 | 90 |
The data illustrates a steady increase in average and highest packages, indicating that MIPS graduates are increasingly recognized for their skills and expertise by top pharmaceutical companies. This upward trend is attributed to the institute’s strong industry partnerships and its focus on practical, hands-on training.
Top Recruiting Companies
The following are the top 25 recruiting companies for students of the pharmaceutical sciences program at MIPS:
- Pfizer
- Novartis
- Roche
- Johnson & Johnson
- AstraZeneca
- GlaxoSmithKline
- Merck
- Sanofi
- Bayer
- Takeda
- AbbVie
- Janssen
- Eli Lilly
- Novo Nordisk
- Biogen
- Amgen
- Regeneron
- Vertex Pharmaceuticals
- Celgene
- GSK
- Medtronic
- Johnson & Johnson
- Thermo Fisher Scientific
- PerkinElmer
- Abbvie
These companies offer a wide range of roles, including drug discovery scientists, formulation developers, clinical researchers, regulatory affairs specialists, and pharmacovigilance experts. The recruitment process typically begins in the final year of undergraduate studies, with many students receiving pre-placement offers (PPOs) from top firms.
Sector-Wise Analysis
Graduates from MIPS are employed across various sectors within the pharmaceutical industry:
- Drug Discovery & Development: This sector employs approximately 40% of graduates, with roles such as medicinal chemist, computational biologist, and lead researcher.
- Manufacturing & Quality Assurance: Around 25% of graduates work in manufacturing, focusing on formulation development, process optimization, and quality control.
- Clinical Research & Regulatory Affairs: About 15% enter clinical research roles or regulatory affairs, where they help navigate the approval processes for new drugs.
- Pharmacovigilance: This emerging field employs around 10% of graduates, focusing on monitoring and reporting adverse drug reactions.
- Public Health & Policy: A smaller percentage work in public health roles, contributing to policy development and global health initiatives.
The pharmaceutical industry is characterized by rapid innovation and evolving regulatory landscapes, making it an ideal environment for MIPS graduates who are well-prepared to navigate these complexities. The institute’s strong emphasis on both theoretical knowledge and practical application ensures that students are equipped with the skills needed to excel in any sector of the industry.