Masters in Hospital Management

  • course years 2 Years
  • type of course Post Graduate
  • course stream Management
  • course type Full Time

(1). About the Masters in Hospital Management

Masters in Hospital Management or MHM is a two-year full-time control application that is primarily based totally on the commercial enterprise management version and offers healthcare or fitness offerings management. Throughout the program, students will be recognized for their knowledge of health care Services, knowledgeable in talents to use that information correctly, and show inventive management techniques.

The eligibility standard to pursue an MHM path is securing not less than 45%-50% marks in commencement and instructions 10 and 12. Candidates should take Arts, Science, Commerce, Engineering, Technology, Medical, Dental, Pharmacy, Agriculture, or every other expert path in commencement to seek MHM admission.

Masters in Hospital Management program that connects healthcare facilities with people who provide the services they require. The administration, leadership, and control of hospitals and sanatorium networks are the obligation of sanatorium administrators. Non-clinical graduates also can join clinic control courses. For humans operating within the subject of health center management, a Master in Hospital Management degree in fitness management or healthcare is the same old credential.

The process possibilities after the MHM direction consist of a health facility management manager, health facility business manager, key debts manager, control trainee, occupational fitness specialist, application manager, and more.  Graduates after MHM can assume to earn INR 4,00,000-5,00,000 as a fresher, and INR 5,00,000-10,00,000 according to annum for over five years of experience. Candidates can also pursue an MBA after completing MHM for better expert prospects.

Course Highlights for Masters in Hospital Management

Listed below are some of the major highlights of the Master of Hospital Management course:

Particular Value
Course Name Master in Hospital Management
Course Level Post-graduate
Course Duration 2 Years
Eligibility Criteria Graduation from a recognized university with a minimum of 50%
Examination Type Semester based
Admission Process Entrance/Merit-based
Age No age limit
Average Annual Fees INR 8,000-1,40,000
Average Annual Salary INR 1,00,000-10,00,000
Top Recruiters Fortis Healthcare Limited, Apollo Hospitals, KPMG, AIIMS, Goa Institute of Management, Infosys
Job Profiles Direct Marketing Manager, Hospital Administration Manager, Key Accounts Manager, Management Trainee, Occupational Health Specialist, Program Manager, Hospital Business Manager, Accounts Manager, Agency Manager, etc.

Why look at a Master's in Hospital Management?

(i). After passing a Master’s Degree, they can move for similarly better research and also can be a part of the coaching fields.
(ii). It additionally improves the pleasant of care, procedures, and carrier to Patients. They also can move for sanatorium administrator jobs; they need to coordinate among the diverse departments of the clinic and want to make certain that every system is functional.
(iii). MHM allows hospitals and docs to higher serve their patients. Improved the high-satisfactory of affected person care, Increased nursing productivity, and Reduced the time spent via way of means of personnel filling out forms, releasing assets for greater vital tasks.
(iii). They are chargeable for hiring non-scientific staff, renovation of health facility services, security, constructing the health facility brand, marketing, accounts, economic operations, making plans and manage for a non-stop delivery of materials, control of the studies and medical work, etc.

(2). Admission Process for Masters in Hospital Management

The master's in Hospital Management Admission system is both merit-primarily based totally or primarily based totally on the candidate's qualifying examination score. A candidate's overall performance on a National, State, or College-degree front examination determines their admittance to the course. Some schools behave their front assessments for the admission process.

Aspirants need to additionally meet the minimum Masters in Hospital Management eligibility requirements, which consist of 10+2 and an entrance examination score. Though the Master in Hospital Management admission manner varies from university to university

Types of Masters Degrees in Hospital Management Courses

Applicants can complete the course full-time or part-time. Detailed Types of Hospital Management Masters Degree Publications are listed below:

(1). Distance

The Master of Hospital Management distance learning course takes years to complete and is divided into four semesters of six months each. For people who want to get a master’s degree in hospital management after starting college but don’t have time to wait for daily classes, a remote master’s degree is the right option.

(2). Full time

The full-time Master's degree in Hospital Management lasts two years. This course requires more realistic information than theoretical understanding. The benefit of a full-time major is that through face-to-face interaction with friends and professors, scholars can benefit from a wealth of additional contacts, experience, and information.

(3). Part-time

The extra-occupational master’s degree in “Hospital Management” is aimed at young graduates who cannot take part in daily classes. The duration of the tour is two to three years. The advantage of part-time studies is that the students can complete the course while working, etc.

Eligibility Criteria for Masters in Hospital Management

The eligibility criteria for MHM Course are mentioned below:

(i). The basic eligibility criterion to pursue the course is graduation completed with a minimum aggregate score of 50% from a recognized university.
(ii). Aspiring candidates are needed to have earned a Bachelor's degree in statistics, microeconomics, accounting, and behavioral sciences as subjects of study. These programs focus on financing, organizing, and managing healthcare organizations or facilities.

Admission Process for Masters in Hospital Management

Step 1- Visit the official website for admission to the college.
Step 2- Candidates can get access by filling out the online application form.
Step 3- In the application form, applicants must fill in all the correct details.
Step 4- Application forms with errors will be rejected.
Step 5- Payment for the application fee + entrance exam fee can be made by net banking.
Step 6- The candidates can make payments through a bank e-challan.
Step 7- The candidate will receive an email and SMS confirming the registration.

Accepted Entrance Exams for Masters in Hospital Management

The Entrance Examinations for Masters in Hospital Management are mentioned below:

(i). CAT
(ii).
XAT
(iii). SNAP
(iv). CMAT

Skills Required for Masters in Hospital Management

Being a Healthcare supervisor may be extraordinarily exciting and unstable at the equal time. You want to have sure abilities if you want to work in Healthcare management. A lot of them are capabilities that you bought at some point in your experience, however, it's miles continually appropriate to expand and create such capabilities consciously:

Leadership skills Organization skills
Communication skills Negotiation skills
Problem-solving skills Problem-solving skills
Ability to differentiate work and emotion The eye for detail

Fee Structure for Masters in Hospital Management

The Master in Hospital Management price isn't constant and relies upon many factors. Some of the elements which affect the Master in Hospital Management prices consist of location, faculty, demand, infrastructure, and the centers to be had to the students. The common Master in Hospital Management charge in India is around INR 8,000-1,40,000 PA.

Name of College Average Fee
Christian Medical College, Vellore INR 8,400
ICFAI University, Kochi INR 37,500
Apollo Institute of Hospital Administration, Hyderabad INR 1,40,000
Nizam Institute of Medical Sciences, Hyderabad INR 50,000

Selection Criteria for Masters in Hospital Management

In merit-primarily based totally selection, applicants are selected primarily based totally on their instructional overall performance in the past. For entrance-primarily based total selection, college students want to take the doorway test. Once the applicants are qualified, they come to be eligible for any similar level of admission.

Further ranges of admission range from university to university. Generally, the university would require a very last spherical of institution dialogue or a private interview as soon as the utility has been authorized earlier than admission is confirmed.

(3). Course Comparison

Masters in Hospital Management v/s Masters in Hospital Administration

A Masters's degree in Healthcare or Hospital Management can be earned as an MHM or MHA The awareness of the 2 streams differs slightly, however, the eligibility necessities are almost identical. The table showcases the variations between a Master in Hospital Management and a Master in Hospital Administration:

Parameter MHM MHA
Course Name Master in Hospital Management Master of Hospital Administration
Course Overview Masters in Hospital Management or MHM is a two-year full-time control application that is primarily based totally on the commercial enterprise management version and offers healthcare or fitness offerings management. Throughout the program, students will be recognized for their knowledge of health care Services, knowledgeable in talents to use that information correctly, and show inventive management techniques. The Master in Hospital Administration has been created to teach students who want to pursue a career in the field of Hospital Administration. There is a growing need for a new kind of health professional: the hospital manager. Hospitals are becoming increasingly complex technical environments employing individuals who have widely divergent skills and must be managed efficiently without sacrificing the gentle and caring environment that the sick require.
Course Duration 2 years 2 years
Eligibility Graduation from a recognized university with a minimum of 50% Candidates should be 50% in degree
Entrance Exams CAT, XAT, SNAP, etc. NEET PG, MAT, Amity JEE, etc.
Average Fees INR 8,000-1,40,000 INR 50,000-5,00,000
Top Colleges ICFAI University, Christian Medical College, etc. St. Johns Medical College, AFMC, etc.

Read More: MHA

(4). Top Colleges for Masters in Hospital Management

The Top Colleges that provide Master's in Hospital Management are mentioned below:

Name of College Average Annual Fee(INR)
IIHMR University, Jaipur INR 10,50,000
BRAOU, Hyderabad INR 1,20,000
Jain University, Bangalore INR 1,90,000
Jamia Hamdard, New Delhi INR 5,13,000
Sharda University, Greater Noida INR 7,55,500
GIM, Goa INR 18,31,200
Bangalore Medical College and Research Institute INR 59,700
Integral University INR 2,40,000

Top Masters in Hospital Management Government & Private Colleges

There are several top Government Colleges offering quality Master in Hospital Management programs across the country. Check the table below for the top Masters in Hospital Management government & private colleges in India:

Types of College Name of College
Government AFMC
King George’s Medical University
Kerala University of Health Sciences
JSS Academy of Higher Education and Research
Manipal College of Dental Sciences
Private SME Kottayam
MAHE, Manipal
SRM Medical College Hospital and Research Center, Chennai
St Johns Medical College
Himalayan Institute of Medical Sciences

(5). Job & Placement for Masters in Hospital Management

With increasing emphasis on quality of health care and patient satisfaction in the country and abroad, there is a tremendous need for individuals with a professional qualification in Hospital Management.

Job Profiles for Masters in Hospital Management

Some of the well-known professional avenues open to such postgraduates are listed below:

Job Profile Job Description
HR Recruiter HR Recruiters oversee the recruitment of the recent workforce consisting of nurses, doctors, and assistants at hospitals, nursing homes, blood banks, clinical clinics, and different healthcare institutes.HR Recruiters at scientific centers are accountable for preserving a healthful ecosystem in the administrative center and additionally, they make certain the staff abides with the aid of using all of the guidelines and guidelines of the ability and that scientific specialists perform their obligations ethically and responsibly.
Blood Bank Administrator Blood Bank Administrators are accountable for the correct assessment of stock and coordination of all operational features of a blood bank. They offer operational oversight to the 3 maximum essential capabilities of a blood bank- receipt, garage, and delivery.
Medical And Health Service Management Medical and Health Service Managers are concerned with planning, directing, and coordinating all healthcare offerings provided through the healthcare carrier issuer to make certain well-timed and green shipping of all of the services.
Healthcare Department Manager A healthcare department Manager will oversee one specific team of the hospital or institution. It could be the nursing team, the radiology team, or any other team. Their job is to supervise the work done by one department.
Healthcare Administrator A healthcare administrator is in charge of one or more hospitals. They oversee all the business and management operations. They could even be heading certain hospital franchisees.
Healthcare Finance Managers These specialists oversee the day-after-day economic sports of healthcare institutions and are chargeable for budgeting, monetary planning, monetary evaluation, and reporting of day-by-day monetary activities. The activity is pretty dynamic and calls for managers to be continuously up to date about today's coverage and healthcare financing policies and alternatives to permitting green price handling.
Medical Director Medical administrators are in fee to make certain right and well-timed management of remedies at clinics, hospitals, blood banks, and more. They contend with any sort of grievances any affected person would possibly have and are answerable for the mission of a group of workers for every affected person. Medical Directors are regularly in fee of clinical ethics and they appear after the transparency of the agency they work in.
Hospital Administrators Hospital Administrators make sure that each one of the offerings furnished via the way of means of their healthcare group runs easily and effectively, and sufferers obtain well-timed treatment. Hospital Administrators also are accountable for the recruitment of groups of workers which include doctors, interns, and nurses. In large hospitals, there can be more than one director in the rate of precise departments.

Top Recruiters for Masters in Hospital Management

Employment opportunities lie within hospitals, pharmaceuticals, and other related industries. The top recruiters in the Hospital management field are as follows:

Apollo Life Cadila Healthcare
WIPRO GE Healthcare Columbia Asia Hospitals
AstraZeneca Aurobindo Pharma
Fortis Hospitals Cipla
Sun Pharma

Average Salary for Masters in Hospital Management

Given below is the estimated salary for various professions that a candidate can follow after completing the Hospital Management course:

Job Role Average Annual Salary(INR)
Medical Affairs Manager INR 3,00,000
Assistant Professor INR 4,00,000
Healthcare Planner INR 6,00,000
Hospital CFO INR 34,00,000
Clinical Project Manager INR 9,00,000
Chief Nursing Officer INR 10,00,000
Hospital CEO INR 90,00,000
Healthcare Finance Managers INR 10,50,000

(6). Career/Scope for Masters in Hospital Management

The sectors wherein human beings are hired can be limited, as it's miles especially related to the fitness industry. There are a whole lot of various task profiles inside the sector, though. You might be the CEO of a hospital; you can be in fee of sure departments. You have the possibility to go to diverse clinic franchisees and branches. If you're inquisitive about the monetary factor of it, you can are looking for employment with medical health insurance organizations and so on. The possibilities right here are endless.

Career options after Masters in Hospital Management Graduation

There are masses of jobs to be had for Master in Hospital Management college students in each public and personal sector. The task roles will vary primarily based totally on the specialization that one has opted for. Masters in Hospital Management graduates have abundant job opportunities with good salary packages that include the following job profiles:

(i). Program Manager
(ii). Hospital Administration Manager
(iii). Direct Marketing Manager
(iv). Agency Manager
(v). Hospital Business Manager
(vi). Management Trainee
(vii). Occupational Health Specialist

Scope for Higher Education Masters in Hospital Management

Aspirants can pursue better research after acquiring a Master's in Hospital Management. Some of the pinnacles guides for better research inside the discipline of Hospital Management is as follows:

(i). Healthcare Management Certificate
(ii). Public Health Certificate
(iii). Medical Office Administration Certificate
(iv).Health Information Technology Certificate

Skills that make you the Best Master in Hospital Management Graduate

Because Hospital Management programs are used by every sector in this era, aspirants Are enrolled to convert them from uncooked aspirants to expert Hospital Management aspirants. Some of the abilities that Masters in Hospital Management students should have:

(i). Decision Making
(iii). Good Communication
(iii). Adaptability
(iv). Ability to work under pressure
(v). Critical Thinking
(vi). Leadership
(viii). Industry Knowledge
(viii). Ethical Knowledge

(7). FAQs

(1). What is the MHM program?

Ans. Masters in Hospital Management or MHM is a two-yr full-time management software this is primarily based totally on the commercial enterprise management version and offers healthcare or fitness offerings management.   Throughout the program, students will be recognized for their knowledge of health care Services, knowledgeable in talents to use that information correctly, and show inventive management techniques.

(2). What is the duration of the MHM course?

Ans. 2 years.

(3). What is the average fee for an MHM course?

Ans. INR 8000-1,40,000.

(4). What is the estimated salary of a person with a Hospital management course degree?

Ans. A person with a hospital management course degree can earn from INR 3,00,000 to INR 35,00,000.

(5). What are some of the top entrance exams for doing Hospital management courses in India?

Ans. Some of the top entrance exams for doing Hospital management courses in India are CAT, XAT, SNAP, and GMAT.

(6). Is there any difference between MBA and MHM?

Ans. Yes, there may be a big distinction among those guides as MBA is executed for management and commerce whereas MHM is done for hospital management, healthcare administration, and health services administration.

(7). What does a Hospital Manager do?

Ans. Hospital Managers in coordination with the directors plan and control the fitness offerings a health center is aimed to offer to its patients. They manage, manually, and supervise all of the departments of the medical institution consisting of physicians, fitness statistics technicians, nursing, clinical facts, and more. The advent and evaluation of stories, if you want to map out the monetary desires and hold the price range of the clinic, is likewise the task of a clinic manager. Hospital managers are accountable for preserving themselves up to date on new laws, and the development of care facilities, and are the presenter of facilities offered by the hospital to governing bodies.

(8). Can science stream students take admitted to this course?

Ans. Yes, definitely any student with a graduation degree in any subject can take admitted to this course.

(9). Which colleges should I keep in mind while applying for admissions?

Ans. You must try your best to get into the IIMs. If you completed your course from those colleges, it would fetch you better career opportunities. AIMS and St. Xavier’s are also good options.

(10). Is the MHM course difficult?

Ans. It totally depends on the student if a student is interested in the course then it will be easy for them to pursue it but if they are not interested then it is difficult for that student to do the course.

(11). Do you want any unique history on this discipline earlier than enrolling for the course?

Ans. It won’t be necessary. You ought to get into this route from any background. There aren't any specifications. It could be continually useful if you can soak up an associated discipline even though when you consider that it'd assist you apprehend the sector plenty better.

 (12). Is MHM an amazing course?

Ans. Yes, it is a superb path for people who need to study medical institution management, healthcare administration, and fitness offerings administration. Postgraduates of the course are prepared for managerial and administrative careers in hospitals, clinics, emergency services, and other healthcare environments.

(13). What is a better MBA or MHM?

Ans. It cannot be determined because the MBA serves in different streams and MHM serves in different streams.

(14). Is there any university that offers this course from distance learning?

Ans. None of the university's MHM is in distance learning mode.

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