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MBA in Healthcare Management Course, Subjects, Exams, Admission, Colleges, Fees, Career

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MBA in Healthcare Management Course, Subjects, Exams, Admission, Colleges, Fees, Career

Edited By Team Careers360 | Updated on Nov 28, 2023 05:50 PM IST

What is MBA Healthcare Management?

MBA Healthcare Management is a two-year post-graduate management degree programme that trains students to manage several operations in various healthcare organisations such as hospitals, and pharmaceutical companies. MBA Healthcare Management is a postgraduate degree programme in healthcare and management studies that focuses on an integrated strategy that covers all aspects of the healthcare industry.

MBA Healthcare Management course is designed to provide knowledge, business and management skills to work in the healthcare sector. Healthcare Management in MBA degree provides a thorough understanding of healthcare administration, policy, finance, and operations. MBA Healthcare Management graduates can pursue careers in various healthcare facilities, such as hospitals, clinics, pharmaceutical companies and government health sectors.

MBA Healthcare Management Highlights

Particulars

Values

Degree Name

MBA Healthcare Management

Degree Type

Postgraduate

Degree Duration

2 years

Semesters4 semesters

Entrance Exams

CAT, MAT, GMAT, CMAT, XAT, NMAT

Eligibility Criteria

Bachelor’s degree

Admission process

Direct admission and based on the entrance examination

Fees for the entire duration

Rs. 20,000 to Rs. 20,00,000

Average Salary

Rs. 10 LPA

Job profiles

Hospital Manager, Medical superintendent, Healthcare Finance manager and Healthcare Administrator

Top recruiters

Fortis, Medanta The Medicity, Apollo, Max Healthcare, Narayana Health, The Christian Medical College, and Columbia Asia

MBA Healthcare Management Eligibility Criteria

MBA in Healthcare Management eligibility criteria differs from one university to another and also types of institutions. Individuals who want to pursue an MBA in Healthcare Management must meet specific standards. The following prerequisites must be met, as these are the set MBA Healthcare Management eligibility criteria:

  • Admission to the MBA in Healthcare Management programme requires an undergraduate degree in any relevant discipline, such as BBA, BA, B.Sc, B.Com, or BCA, from a recognised university.
  • Candidates must have a minimum average of 50 per cent marks to apply for the MBA Healthcare Management course.
  • MBA Healthcare Management programme has no age restrictions.
  • Some colleges prefer work experience, although it is not essential.

MBA Healthcare Management Admission

Students must submit applications to colleges or universities where they want to study MBA in Healthcare Management. They must get a high grade point average on their final exams and meet the required percentage threshold in order to be admitted. Before attending college and filing all necessary paperwork, students should check the cutoff score. Candidates can also verify the institute's official website by visiting there, completing the online application form, and emailing the relevant papers.

  • Depending on the university, applicants for an MBA in Healthcare Management must meet a number of admission standards.
  • Several B-schools accept students on a first-come, first-served basis.
  • Many universities accept students into MBA in Healthcare Management programmes based on their academic performance or an admission test cut-off score.

Top MBA Healthcare Management Entrance Examinations

Admission to a variety of institutes and universities is determined by the results of applicable entrance examinations. To pursue an MBA in Healthcare course candidates need to apply for various entrance exams. The admission is going to be based on the ranks they scored in entrance exams. The top MBA in Healthcare Management admissions exams is listed here.

CAT: CAT or Common Admission Test is a national-level entrance examination, conducted by the Indian Institute of Management Lucknow for admission to the 20 IIMs and more than 1,200 business schools in India.

MAT: MAT or Management Aptitude Test is a national-level entrance examination, conducted by the All India Management Association for admissions for MBA/PGDM admissions at many B-schools and management institutions.

GMAT: GMAT or Graduate Management Admission Test is a national conducted by Graduate Management Admission Council for admissions to MBA degree programmes in management institutes.

CMAT: CMAT or Common Management Admission Test is a national-level entrance examination, conducted by the National Testing Agency which is used to enrol candidates in MBA programmes at over 1,000 educational institutions in India.

Cutoff of Top Colleges

A lot of things influence an MBA in hospital and healthcare management merit score. Those who scored below the cut-off percentage are allowed to pursue the course. The number of applicants and their entrance exam scores are used to calculate the MBA in Healthcare Management cutoff, which varies by institution.

Browse Top MBA Colleges Accepting CAT Score: Location-Wise

In the table below, we have mentioned the top MBA colleges that accept CAT scores to offer admission in various specialisations.

MBA Healthcare Management Skills Required

The development of leadership skills, understanding of organisational behaviour, communications networks, and collaboration are the three fundamental areas of conventional MBA programmes. These skills are not only restricted to MBA in Healthcare Management but also to other MBA disciplines such as Marketing Management, Finance, and Operations Management. The following are some of the skills needed for an MBA in Healthcare Management:

Communication skills

Time Management

Problem-Solving Ability

Listening skills

Critical thinking

Supervisory skill

Attention to Safety

Leadership

MBA in Healthcare Management Subject/Syllabus

Depending on the school, an MBA in Healthcare Management course syllabus has a different academic curriculum. Here, we have discussed the syllabus of the MBA in Hospital Administration offered by Tamil Nadu Open University.

Semester I

Introduction to Health Systems

Human Anatomy, Physiology and Medical Terminology

Health Care & Hospital Administration

Health Economics

Health Programme Management

Hospital Work I: Visits to Healthcare Organisations

Semester II

Strategic Management in Health Care

Hospital Accounting & Finance

Human Resource Management

Hospital Materials Management

Health Care Marketing & Public Relations

Hospital Work II: Practical Training in Operational Management Functions

Semester III

Patient Care Planning and Management

Health Communication Planning and Management

Supportive Services and Facilities Management

Hospital Work III: Practical Training in Patient Care

Health Systems Research & Research Methodology

Supportive Services Management

Semester IV

Health Insurance

MIS & Application of IT in Healthcare

Legal & Ethical Issues in Healthcare

Managing Quality in Healthcare

MBA in Healthcare Management Fees Structure

The majority of the MBA in Healthcare Management fee is set by the college administration. The cost of an MBA in Healthcare Management varies depending on the university. An MBA in Healthcare Management costs between Rs. 20,000 to Rs. 20,00,000 at Indian institutes and universities.

Related: Healthcare Certification Courses

MBA in Health Care Management Scope

With the rise in the concept of Medical Tourism, there has been a huge inflow in the number of patients from across the world. This has generated the demand for medical facilities, which creates a plethora of opportunities for MBA aspirants planning to pursue Healthcare Management. Therefore, MBA in Healthcare Management programme is here for prospective administrators and executives.

After completing MBA in Healthcare Management, students are offered placement in sectors like consultancy, diagnostics, hospital, insurance, IT, medical equipment, pharmaceuticals, NGOs and public health and clinical research laboratories. Students having a master's degree in healthcare management can pursue Ph.D. in the same discipline. As they pursue higher-paying jobs, students will be able to extend their knowledge.

Career Options after MBA in Healthcare Management

The Healthcare Management MBA programme is intended to provide students with a broad grasp of the healthcare sector. MBAs in Healthcare Management can operate in both the public and private sectors. A master's degree in healthcare management can lead to a wide variety of employment opportunities.

Hospital Manager: A Hospital Manager is responsible for the entire hospital's operations. He or she is responsible for the hospital's functioning. The hospital's success is measured by how well it provides high-quality patient care at a reasonable cost without affecting its profitability.

Medical superintendent: A Medical Superintendent supervise the daily functioning of healthcare facilities such as hospitals and nursing homes. He or she strives to make well-informed judgments about care by ensuring that facilities are sufficiently staffed and that budgets are well-managed.

Healthcare Finance Manager: A Healthcare Finance manager plays an important role in maintaining the financial condition of a healthcare company. Preparing financial statements, making financial decisions, and strategising for the organisation's long-term financial success are all part of their responsibilities.

Healthcare Administrator: A healthcare administrator manages the healthcare facilities, such as hospitals, health systems, and other organisations. Based on the type and structure of the organisation, they are responsible for infrastructure, operations, programmes, employees, budgets, relationships with other agencies, and other management functions.

List of Top Companies

Fortis

Max Healthcare

Medanta The Medicity

The Christian Medical College

Apollo

Columbia Asia

Benefits of studying MBA in Healthcare Management

Students with professional work experience who pursue an MBA in Healthcare Management are prepared for becoming managers in the hospital and healthcare industries. Students who pursue an MBA in healthcare management will gain a thorough knowledge of the healthcare industry. The major benefit of MBA students in healthcare management is that they can reduce the information gap between the general consumer and the healthcare sector. This particular expertise enables them to work on specific healthcare-related issues.

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Expected salary after MBA in Healthcare Management

A graduate's average income after obtaining his or her MBA in Healthcare Management is determined by a number of variables, including business rules, the person's skills, expertise, and accomplishments. Due to the tremendous growth of healthcare management industries, job chances for graduates of this course are often greater. An MBA in Healthcare Management can earn anywhere from Rs. 6 LPA to Rs. 12 LPA in India.

Job Profiles

Average Salary

Hospital Manager

Rs. 4.0 LPA

Medical Superintendent

Rs. 19.8 LPA

Healthcare Finance Manager

Rs. 13.0 LPA

Healthcare Administrator

Rs. 4.0 LPA

Browse Top MBA in Healthcare Management Colleges in Top Locations

An MBA in Healthcare Management is offered by a variety of healthcare higher education institutions. The fee may vary depending on the institution and geographic region. We have prepared a list of the best MBA in Healthcare Management programmes in India in the table below.

List of Top MBA colleges in India offering Healthcare Management specialisation

MBA programmes in Healthcare Management are available at several Indian higher educational institutions. Entrance is based on prior academic performance and admission test scores. The table below highlights some of India's best MBA in Healthcare Management colleges.

Colleges

Fees

GITAM Institute of Technology, Visakhapatnam

Rs. 4.60 Lakhs

Jaipur National University

Rs. 3.78 Lakhs

Dr. B.R. Ambedkar Open University, Hyderabad

Rs. 1.20 Lakhs

Indian Institute of Management, Bodh Gaya

Rs. 15.50 Lakhs

SMS Hyderabad

Rs. 1.67 Lakhs

Delhi Pharmaceutical Sciences and Research University, New Delhi

Rs. 2.20 Lakhs

National Forensic Sciences University, Gandhinagar

-

AIPH University, Bhubaneswar

Rs. 3.10 Lakhs

CT University, Ludhiana

Rs. 2.62 Lakhs

Chitkara Business School, Patiala

Rs. 7 Lakhs


Top Private MBA in Healthcare Management in India

An MBA in Healthcare Management is taught in a number of private academic institutions around the country. Academic performance and entrance examination results are used to determine admission. A list of some of India's top private MBA in Healthcare Management programmes is given below.


Top Government MBA in Healthcare Management Colleges in India

India's government higher education institutions, which are among the best in the world, provide an MBA in Healthcare Management. The table below contains a list of some of the greatest government colleges that offer an MBA in Healthcare Management.


MBA in Healthcare Management Colleges in India Colleges in the Popular States

A variety of public and private educational institutions offer the MBA in Healthcare Management. The fee is determined by the college's location and nature. In the table below, we have highlighted a few MBA in Healthcare Management programmes in India's top states.

MBA in Healthcare Management courses in India help students to excel in their careers. A degree in MBA in Healthcare Management can equip students with the knowledge and skills to help them pursue jobs in various fields such as finance, healthcare, hospitality, logistics, and consultancy.

Frequently Asked Question (FAQs)

1. Is a job in health administration a good choice?

Healthcare administration is an excellent opportunity for those looking for challenging, meaningful work in a growing industry. Healthcare administration is one of the country's fastest-growing professions, with high salaries and numerous job opportunities for those looking to advance their careers.

2. What does a manager do in a hospital?

To ensure that their company runs successfully, all hospital healthcare managers collaborate with clinicians, make policy choices, oversee patient care, budgeting and accounting, and lead marketing activities.

3. What is the tuition fee of the MBA in Healthcare Management course?

Based on the institution, MBA in Healthcare Management costs between 20,000 and Rs. 20,00,000 on average.

4. What is the eligibility criteria for an MBA in Healthcare Management?

MBA in Healthcare Management requires a bachelor's degree in any specialisation from a recognised university.  

5. What is the duration of the MBA in Healthcare Management course?

The MBA in Healthcare Management is a two-year-long postgraduate degree programme.

6. What are the skills required for an MBA in Healthcare Management?

Communication skills, Time Management, Problem Solving Ability, Listening skills, Critical thinking, Supervisory skill, Attention to Safety, Leadership are some of the skills required for an MBA in Healthcare Management.

7. Which colleges offer MBA in Healthcare Management courses in India?

Some of the top colleges which offer MBA in Healthcare Management degrees are KJ Somaiya SIMSR - K J Somaiya Institute of Management, School of Management Studies, University of Hyderabad, Hyderabad, Dr BR Ambedkar Open University, Hyderabad, Jamia Hamdard, New Delhi, HITS Chennai - Hindustan Institute of Technology and Science, and MITSOM Pune - MIT School of Management.

8. What are the career options after an MBA in Healthcare Management?

There are various career options after an MBA in Healthcare Management. Some of the careers are Hospital Manager, Medical superintendent, Healthcare Finance manager, Healthcare Administrator.

9. What are the best firms to work for if you have an MBA in Healthcare Management?

Fortis, Medanta The Medicity, Apollo, Max Healthcare, and Narayana Health are among the hospitals. Some of the top organisations that hire MBA in Healthcare Management graduates include Christian Medical College and Columbia Asia.

10. Is it possible to pursue a Ph.D. after completing an MBA in Healthcare Management?

Students who have completed an MBA in Healthcare Management degree can apply for a Ph.D. in Healthcare Management programme.

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Upcoming Exams

Application Date:20 October,2023 - 29 April,2024

Application Date:06 December,2023 - 20 May,2024

Application Date:22 January,2024 - 28 April,2024

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Individuals who opt for a career as a reporter may often be at work on national holidays and festivities. He or she pitches various story ideas and covers news stories in risky situations. Students can pursue a BMC (Bachelor of Mass Communication), B.M.M. (Bachelor of Mass Media), or MAJMC (MA in Journalism and Mass Communication) to become a reporter. While we sit at home reporters travel to locations to collect information that carries a news value.  

2 Jobs Available
Corporate Executive

Are you searching for a Corporate Executive job description? A Corporate Executive role comes with administrative duties. He or she provides support to the leadership of the organisation. A Corporate Executive fulfils the business purpose and ensures its financial stability. In this article, we are going to discuss how to become corporate executive.

2 Jobs Available
Multimedia Specialist

A multimedia specialist is a media professional who creates, audio, videos, graphic image files, computer animations for multimedia applications. He or she is responsible for planning, producing, and maintaining websites and applications. 

2 Jobs Available
Welding Engineer

Welding Engineer Job Description: A Welding Engineer work involves managing welding projects and supervising welding teams. He or she is responsible for reviewing welding procedures, processes and documentation. A career as Welding Engineer involves conducting failure analyses and causes on welding issues. 

5 Jobs Available
QA Manager
4 Jobs Available
Quality Controller

A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product. 

A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.

3 Jobs Available
Production Manager
3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
QA Lead

A QA Lead is in charge of the QA Team. The role of QA Lead comes with the responsibility of assessing services and products in order to determine that he or she meets the quality standards. He or she develops, implements and manages test plans. 

2 Jobs Available
Structural Engineer

A Structural Engineer designs buildings, bridges, and other related structures. He or she analyzes the structures and makes sure the structures are strong enough to be used by the people. A career as a Structural Engineer requires working in the construction process. It comes under the civil engineering discipline. A Structure Engineer creates structural models with the help of computer-aided design software. 

2 Jobs Available
Process Development Engineer

The Process Development Engineers design, implement, manufacture, mine, and other production systems using technical knowledge and expertise in the industry. They use computer modeling software to test technologies and machinery. An individual who is opting career as Process Development Engineer is responsible for developing cost-effective and efficient processes. They also monitor the production process and ensure it functions smoothly and efficiently.

2 Jobs Available
QA Manager
4 Jobs Available
AWS Solution Architect

An AWS Solution Architect is someone who specializes in developing and implementing cloud computing systems. He or she has a good understanding of the various aspects of cloud computing and can confidently deploy and manage their systems. He or she troubleshoots the issues and evaluates the risk from the third party. 

4 Jobs Available
Azure Administrator

An Azure Administrator is a professional responsible for implementing, monitoring, and maintaining Azure Solutions. He or she manages cloud infrastructure service instances and various cloud servers as well as sets up public and private cloud systems. 

4 Jobs Available
Computer Programmer

Careers in computer programming primarily refer to the systematic act of writing code and moreover include wider computer science areas. The word 'programmer' or 'coder' has entered into practice with the growing number of newly self-taught tech enthusiasts. Computer programming careers involve the use of designs created by software developers and engineers and transforming them into commands that can be implemented by computers. These commands result in regular usage of social media sites, word-processing applications and browsers.

3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
Information Security Manager

Individuals in the information security manager career path involves in overseeing and controlling all aspects of computer security. The IT security manager job description includes planning and carrying out security measures to protect the business data and information from corruption, theft, unauthorised access, and deliberate attack 

3 Jobs Available
ITSM Manager
3 Jobs Available
Automation Test Engineer

An Automation Test Engineer job involves executing automated test scripts. He or she identifies the project’s problems and troubleshoots them. The role involves documenting the defect using management tools. He or she works with the application team in order to resolve any issues arising during the testing process. 

2 Jobs Available
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