Most of the Biotechnology students are facing the same problem today. Everyone says no new area of science and technology holds greater promise than Biotechnology. It is true, but only for minority of students who are either very good or excellent in academics. Those students are mostly employed in R & D of biotech firms, and are usually from top research institutes. All other students work in areas like quality control, production or in the marketing department of Pharma/Bio-analytical instrument manufacturing company. So if you want to work in R& D department of any good biotech company, at decent position then PhD is strongly recommended and that too from a reputed institute. In India we have many good institutes for both M.Sc and MBA.

Some of the good M.Sc colleges are:

1. Tata Institute of Fundamental Research
2. Madhurai Kamraj University, Madurai
3. Indian Institute of Science, Bangalore
4. JNU, Delhi
5. NBRC, Gurgaon
6. Indian Institute of Technology
7. AIIMS,Delhi
8. Banaras Hindu University, Varanasi
9. University of Hyderabad
10. PGI, Chandigarh
11. Devi Ahilya University, Indore
12. National Institute of Virology, Pune

Some of the good MBA colleges are:

1. Indian Institute of Management Ahmedabad
   http://www.iimahd.ernet.in
2. Indian Institute of Management Bangalore
   http://www.iimb.ernet.in
3. Indian Institute of Management Kolkata
   http://www.iimcal.ac.in
4. Indian Institute of Management Kozhikode
   http://www.iimk.ac.in
5. Indian Institute of Management Indore
   http://www.iimidr.ac.in
6. Indian Institute of Management Lucknow
   http://www.iiml.ac.in
7. Xavier Labour Research Institute (XLRI)
   Jamshedpur http://www.xlri.edu
8. Xavier Institute of Management Bhubaneshwar
   http://www.ximb.ac.in
9. Tata Institute of Social Sciences Mumbai
   http://www.tiss.edu
10. Indian School of Business Hyderabad
    http://www.isb.edu
11. Faculty of Management Studies, Delhi
    University New Delhi http://www.fms.edu
12. Jamnalal Bajaj Institute of Management
    Studies Mumbai http://www.jbims.edu
13. Indian Institute of Technology department of Management Studies New Delhi
    http://www.iitdmba.org
14. Indian Institute of Technology - Vinod gupta school of Management Kharagpur
    http://www.som.iitkgp.ernet.in
15. Symbiosis Institute of Business Management
    Pune http://www.sibm.edu
16. Indian Institute of Foreign Trade New Delhi
    http://www.iift.edu

So if you have love for the subject than only do M.Sc otherwise goes for MBA, because placement wise MBA is far better than M.Sc.

For further discussion on this topic logon to: forum.CareerAge.com

Hope that helps
CareerAge Counselor