MBA Healthcare Management
MBA Healthcare Management is a 2-year postgraduate management degree course whose basic eligibility includes candidates having pursued their graduation with an average aggregate score of 50%. This innovative programme is designed for those with an interest in pursuing a career in management or with managerial responsibilities in the healthcare sector.
The programme aims to create a new generation of health and care professionals who not only understand the challenges faced by health systems and healthcare organisations but are able to instigate sustainable transformative solutions. In today’s world, healthcare management is expanding rapidly and becoming increasingly complex. There are numerous chances in this rapidly expanding profession, and there appears to be no shortage of leadership positions available.
MBA Healthcare Management Course Details
Course Duration
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2 years
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Eligibility
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Bachelor’s degree in any discipline with 50% aggregate marks
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Admission Process
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Entrance Exam conducted by colleges followed by GD & PI rounds
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Top Recruiting Companies
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Cipla, Apollo Life, Wipro GE Healthcare and Cadila Healthcare
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MBA Healthcare Job Positions
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Hospital Administrator, Healthcare Manager, Hospital CFO & CEO, Pharmaceutical Production Manager and Medical Practice Manager
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Why MBA in Healthcare Management
The Top 5 Reasons to choose MBA in Healthcare Management are listed below:
• The course aids in the development of abilities such as data analysis and interpretation, problem-solving and logical business decision-making, computation, communication, management, and leadership.
• Graduates are turned into experts who may perform duties in health authority organizations, primary care trusts, and hospital administrations as a result of the curriculum.
• The course aids in the development of abilities such as data analysis and interpretation, problem-solving and logical business decision-making, computation, communication, management, and leadership.
• Graduates are turned into experts who may perform duties in health authority organizations, primary care trusts, and hospital administrations as a result of the curriculum.
• The course’s practical component involves exposure to cutting-edge medical science, research-based innovations in resource allocation, the use of managerial methodologies to arrive at optimal solutions, and a thorough examination of political, cultural, and ethical issues in healthcare.
MBA Healthcare Management Eligibility
Most of the universities require the following eligibility criteria:
- The candidate pursuing an MBA in Healthcare Management requires a bachelor’s degree in any discipline with 50% aggregate marks.
- The candidate needs to appear in entrance exams like CAT, MAT, XAT, MAH CET, TISS NET, etc. to seek entry.
It is important to note here that the above-mentioned eligibility criteria is the general criteria that is followed by most of universities. Admission to the top universities offering the course of MBA in Healthcare Management is based upon the above-mentioned criteria. However, in India, there are several private and government institutes that offer MBA in Hospital Administration programmes and as a result, the criteria may vary depending upon the universities. In addition to the above-mentioned criteria, some of the universities require candidates to appear for a personal interview/group discussion/micro-presentation.
MBA in Healthcare Management Curriculum
Semester 1
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Semester 2
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Fundamentals of Healthcare Administration
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Cost Accounting
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Healthcare Legislation
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Strategic Management in Healthcare
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Managerial Economics
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Healthcare Policies & Regulations
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Quality Assurance
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Fundamentals of Digital Marketing
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Marketing Management
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Management of Disease Control
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Principles of Management
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Healthcare Accounting
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Conflict Management
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Business Research Methods -Workshop
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Hospital Operation
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Healthcare Accounting
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Financial Accounting
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Bio-Statistics and Operations Research
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Semester 3
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Semester 4
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Operations Management
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International Health
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Healthcare Planning
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Healthcare Informatics
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Epidemiology Concepts
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Anatomy, Physiology and Medical Terminology
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Quality Management and Insurance
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Legal Aspects of Healthcare
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Customer-Centric Organization
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HR in Hospitals
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Healthcare Analytics
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Revenue Cycle Management in Healthcare
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Branding in Healthcare
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Healthcare Information System
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MBA Healthcare Management Admission 2024
MBA Healthcare Management Admission varies across different colleges. The written exam is followed by a series of Group Discussions and Personal Interview Rounds. Students should have a cut-off percentile of exams like CAT, MAT, GMAT, CMAT and XAT. Some universities also conduct their entrance exams for admission to MBA Healthcare Management.
In the group discussion round candidates need to show their speaking efficiency to represent any current topic, followed by the Personal Interview Round, where candidates are asked about their future goals, past experiences and education qualifications.
Scope of MBA in Healthcare Management
There is a rising demand of management professionals in healthcare management after COVID-19. This is due to the rise of many healthcare problems that people have started facing after recovering from COIVD-19. There is a high demand for trained professionals currently in the healthcare management sector. Another reason of high scope after MBA in healthcare is the high population. The rapid growth of the population demands more healthcare professionals and management trainees. Rapid urbanisation also has an important role in this. The government and private sectors need skilled professionals when it comes to managing healthcare sector.
An MBA in healthcare management can open doors of scope for you. You can apply for various roles, such as hospital administrator, healthcare manager, pharmaceutical production manager, medical practice manager, health insurance executive, and project manager. You can work in hospitals, clinics, health insurance firms, pharmaceutical companies, and medical research facilities. As the market thrives, an MBA in healthcare management ensures a promising and diverse career path for you.
This programme has grown in popularity among students in recent years. This course is being pursued by an increasing number of students. The course prepares students for a variety of careers. This just adds to the course’s enormous popularity among students. Jobs in the government, such as Lecturer/Professor and working in the healthcare industry, are available.
Top Recruiters for MBA in Hospital and Healthcare Management Graduates
Pharmaceutical businesses, Insurance Companies and hospital chains hire MBA in Healthcare Management graduates for various administrative and management positions. Apart from this, several government-run healthcare organisations hire MBA in Healthcare Management graduates. A list of some of the top non-government recruiters for MBA in Healthcare Management is provided below:
Top Recruiting Industries
Cipla
Novartis
Fortis
Pfizer
ICICI Lombard
Apollo
Glenmark
Bajaj Allianz
Manipal
Practo
Star Health
Columbia Asia
Gocci
Siemens
UNICEF
Home-Health
GE
UNDP
Portea
Johnson & Johnson
Bharat Biotech
Max Healthcare
TCS
KPMG
Deloitte
McKinzee
PWC
E&Y
Infosys
Cog
On-campus recruitment is used by top MBA Hospital Management universities to hire these specialists. Otherwise, students can strive to land their own employment in any of the above-mentioned industries and companies by advancing through personal interview rounds.
Hospitals
Nursing Homes
Telemedicine
Cliniques
NGO’s
Health Insurance
Medical Equipment and Devices
Medicine Industries
Courses to Do fter MBA in Hospital and Healthcare Management
Hospital management is primarily studied at the postgraduate level, however, there are a few courses in healthcare management available at the bachelor’s level as well. The Hospital Management MBA program is offered online, on-campus, and by correspondence.
1. Drug Development Product Management Specialization
2. The Business of Health Care Specialization
3. Integrative Nursing Specialization
4. Medical Billing and Coding Certificate
5. Medical Office Administration Certificate
Conclusion
Alas! The future of an MBA in healthcare looks limitless, so why put limits on your career? This is your chance to become the next successful leader at one of the top healthcare in India. You have all the options to pick from, regular, distance and online, now it is your time to take a pen of paper and gather what suits your success, budget, career goals and personal lifestyle. The goal is to align your skills with your career. Get set going with the superpower of both worlds.