Why pursue an MS degree in Pharmaceutical Systems Management?
Spurred by an explosion in new medical knowledge and an aging population, the pharmaceutical industry is one of the strongest and most exciting sectors of the economy. Pharmaceutical manufacturing ranks among the fastest growing manufacturing industries. Demand for this industry’s products is expected to remain strong, due to the aging population and rising health consciousness among Americans. Even during fluctuating economic conditions, there will be a market for over-the-counter and prescription drugs, including the diagnostics used in hospitals, laboratories, and homes; the vaccines used routinely on infants and children; analgesics and other symptom-easing drugs; antibiotics and other drugs for life-threatening diseases; and lifestyle drugs for the treatment of nonlife-threatening conditions. The number of jobs in pharmaceutical and medicine manufacturing is expected to increase by about 26 percent over the 2004-14 period, compared with 14 percent for all industries combined.
Why study Pharmaceutical Systems Management at NJIT?
New Jersey is geographically at the heart of the nation’s pharmaceutical industry and home to more of the world’s leading pharmaceutical companies than any other state, and NJIT is at the national epicenter of this concentration of industrial pharmaceutical research and development. In 2006 New Jersey had 14% of the nation's total employment in the pharmaceutical industry as measured by the U.S. Bureau of Labor Statistics. As the state’s science and technology university, NJIT has strong ties with the pharmaceutical industry and works directly with industry advisors to ensure that the curriculum is relevant to industry needs. This new program is designed for technical managers in the pharmaceutical industry, whose professional functions involve significant levels of technology development and application. These include the areas of drug discovery and clinical research, manufacturing operations, packaging and distribution, quality control and regulatory compliance, and product management. Career growth in these positions can be enhanced by an advanced degree that provides a combination of managerial and technical training. The dual focus of this new program on a systems engineering and management approach combined with knowledge of pharmaceutical industry process will provide you with the skills to advance your career.