MBA (Hospital Administration): Courses, Admission, Syllabus, Colleges, Eligibility, Entrance Exam, Career Scope and Salary

  • course years 2 Years
  • type of course Post Graduate
  • course stream Management
  • course type Full Time
Written By universitykart team | Last Updated date Oct, 09, 2024

About the Course MBA in Hospital Administration

MBA Hospital Administration (MBAHA) is a postgraduate administrative degree program. It is available for two years. Special emphasis is placed on the managerial facets of the healthcare industry in an MBA in hospital administration. Candidates who take part in the MBA in hospital administration program are familiar with managing operations in healthcare institutions such as hospitals, nursing homes, outpatient clinics, rehabilitation centers, and other companies.

A two-year postgraduate program called the MBA Hospital Administration is created to provide students with a thorough understanding of the dynamics of the healthcare industry. This professional program has a strong emphasis on organizing, directing, and managing the healthcare system and its operations.

Such a program, such as an MBA in hospital administration, prepares the path for a stronger national healthcare system. The need for hospitals and other medical facilities to maintain organization is a result of India's steady emergence as a top healthcare provider. In addition, they have developed into a center for employment prospects for specialists in fields unrelated to medicine, including HR, management, administration, finance, and IT.

Overview of the Course MBA in Hospital Administration

The key highlights of the Course MBA in Hospital Administration are listed below:

Particulars Values
Course Name MBA Hospital Administration
Type Postgraduate
Duration 2 years
Semesters 4
Admission process Entrance Exam  + Personal Interview (GD-PI)
Average Annual Fees 200,000 to 300,000
Average Salary 500,000 – 20,00,000
Job profiles Hospital Administrator, Medical Director, Healthcare Finance Manager, Business Manager, Blood Bank Administrator
Top recruiters Apollo Hospitals, Max Hospitals, Ranbaxy, Sun Pharma, Pharmaceuticals, Health Insurance Companies

Why the Course MBA in Hospital Administration?

(1). The degree industry is quite broad and is a growing one globally. There will be an increase in demand over time for people who have earned an MBA in Hospital Administration degree.
(2). An individual's beginning wage is reasonable (around Rs 5 lakh, as was previously reported).
(3). The work is just not limited to India. In affluent nations like the United States of America, the United Kingdom, and many others, there is a great need for such people.
(4). You will have the chance to work for some of the best pharmaceutical businesses and medical facilities in the world.
(5). Health care is a thriving business, and jobs and opportunities are expanding along with it. One of the major industries affected by the epidemic is the healthcare sector.

Eligibility Criteria for the Course MBA in Hospital Administration

(1). Graduation in any discipline, To be eligible for admission to an MBA program in hospital management, students must have received an overall undergraduate GPA of at least 50%.
(2). Applicants must be at least 21 years and above old to be considered for the course.
(3). While the requirements for an MBA in Hospital Management may differ from one college to another, the fundamental requirements never change.
(4). Numerous colleges and universities have their separate entrance exams and so permit admission.

Admission Process for the Course MBA in Hospital Administration

(1). Candidates must have graduated from high school in any field if they want to pursue an MBA in hospital administration. (2). The candidate must meet the entrance requirements, which may change depending on the institution delivering the course. Candidates must pass one of the necessary MBA admission tests, such as the CAT, MAT, or XAT. 
(3). The majority of institutes in India that provide the course admit students depending on how well they perform in the entrance exam that is administered by the specific institute which is a one-hour MCQ examination that is followed by a round of group discussions and individual interviews.
(4). After signing up and showing up for the admission examinations. Based on merit or the results of the admission examinations, the candidates are narrowed down. Before granting acceptance to the program, the institutions hold rounds for group discussions, personal interviews, and counseling.
 

Types of Modes for the Course MBA in Hospital Administration

Different availability modes for the course MBA in Hospital Administration are listed below:

Types Description
(1). Full-time MBA in hospital administration MBA Hospital Administration is a postgraduate management degree program. It is available for two years. Special emphasis is placed on the managerial facets of the healthcare industry in an MBA in hospital administration. Candidates who take part in the MBA in hospital administration program are familiar with managing operations in healthcare institutions such as hospitals, nursing homes, outpatient clinics, rehabilitation centers, and other companies.
(2). Part-time MBA in hospital administration Part-time The normal duration of an MBA Hospital Administration program is two to four years. Because students may get an MBA while holding down a job, part-time MBA programs are particularly helpful in today's business environment. No age limit applies to this course.
(3). Distance MBA in hospital administration MBA in Hospital Administration Candidates pursuing a postgraduate program in distance education may not have the time or resources to complete a traditional MBA. The distance learning MBA in Hospital Management program lasts between two and five years

Accepted Entrance Exams for the Course MBA in Hospital Administration

Popular tests for admission to MBA programs in hospital administration

CMAT CAT
XAT GMAT.
MAT NMAT

Skills Required for the Course MBA in Hospital Administration 

Hospital Administration MBA, Skills Required for this particular course are listed below:

Analytical thinking to solve problems. A strong ability to communicate with others
Ability to negotiate to get agreements. the ability to lead others and control your workforce.
Build a powerful team with good teamwork skills. Make financial judgments using logic and business acumen

Comparison

Let's compare a MBA Hospital Administration and Postgraduate Diploma in Business Administration (PGD in Business Administration):

Name of the Course MBA Hospital Administration Postgraduate Diploma in Business Administration
Overview of the Course MBA Hospital Administration(MBAHA) is a postgraduate administrative degree program. Special emphasis is placed on the managerial facets of the healthcare industry in an MBA in hospital administration. Specialized program in business administration and management
Level Postgraduate Postgraduate
Mode Full-time, Part-time, Distance Full-time or Part-time
Eligibility Criteria Entrance Exam  + Personal Interview (GD-PI) Bachelor's degree in any discipline
Duration 2 Years 2 Years
Examination Type Semesters Semester-wise or annual exams
Average Annual Fees 200,000 to 300,000 INR 50,000 to INR 2,00,000
Average Annual Salary 500,000 – 20,00,000 INR 4,00,000 to INR 10,00,000 (starting salary)
Employment Areas Apollo Hospitals, Max Hospitals, Ranbaxy, Sun Pharma, Pharmaceuticals, Health Insurance Companies Corporations, small businesses, government, consulting
Job Roles Hospital Administrator, Medical Director, Healthcare Finance Manager, Business Manager, Blood Bank Administrator Business Analyst, Marketing Manager, Operations Manager, Entrepreneur, Consultant, Project Manager

Top Colleges and Fees for the Course MBA in Hospital Administration

The majority of the colleges in India provide MBA in Hospital Administration, interested students can choose according to their benefits. A few of the colleges are listed below:

College Name Average Fees
Amity Global Business School 3,90,000
IMS DAVV Indore 1.27 Lakhs
Faculty of Management Delhi University, New Delhi 96,000
Asia Pacific Institute of Management, New Delhi 4,80,00
IK Gujral Punjab Technical University, Jalandhar 1.81 Lakhs
IBMR Business School, Gurgaon 2,32,500

Job Profiles for the Course MBA in Hospital Administration

The employment forecast, the aging population, the growing complexity of the hospital business, and other factors all point to a major increase in the demand for healthcare management experts in the years to come.
Numerous prospects for job progression in the healthcare sector are made possible with an MBA in Hospital administration. These are some of the jobs and positions that graduates of an MBA program in Hospital administration may be qualified for:

Job Roles Description
HR Managing the hiring of new employees, such as nurses, physicians, and assistants at hospitals, nursing homes, blood banks, clinics, and other healthcare organizations, is the responsibility of an HR recruiter. In medical facilities, HR recruiters are in charge of keeping a positive work environment, making sure that everyone abides by the facility's laws and regulations, and ensuring that the medical staff performs their tasks ethically and responsibly.
Hospital Administration Manager Supervising daily administrative activities is one of the duties of a hospital administration manager. Keeping an eye on costs and making suggestions for cheap fixes, establishing quarterly and yearly budgets
Expert in Healthcare To enhance performance, save expenses, and boost income, healthcare consultants collaborate with healthcare companies. In addition to healthcare finance, policy, and information systems, they may offer knowledge on a wide range of subjects.
Healthcare finance managers Are in charge of budgeting, financial planning, financial analysis, and reporting of daily financial activities. They supervise the day-to-day financial operations of healthcare organizations. Managers must always stay informed about the most recent insurance and healthcare finance legislation and choices due to the very dynamic nature of the position. This is necessary to enable effective payment management.
Blood Bank Administrator Blood bank administrators oversee all operational aspects of a blood bank and are in charge of conducting an accurate inventory review. They oversee the receiving, storage, and transportation of blood—the three key operations of a blood bank

Employment Areas for the Course MBA in Hospital Administration

The field of healthcare is where the degree is mostly concentrated. Due to the severity of the issue, a rise in recruiting has been noted in the healthcare industry. As a result, each hospital has to employ six top-tier managers. Companies are constantly looking for suitable people for these jobs since they are all essential to the management team. 
Below are some of the top recruiting sectors that provide some of the finest employment prospects following an MBA in hospital administration:

Hospitals                                   Nursing Homes
Telemedicine                                Cliniques
NGOs                                             Health Insurance
Medical Equipment and Devices      Medicine Industries
LifeStyle Clinics                               Outpatient care centers
E-health ventures                              Medical and Diagnostic Library

Salary for the Course MBA in Hospital Administration

There is a wide range of career opportunities after the course MBA in Hospital Administration according to their interest. Some of the common job roles and their average annual salary is presented below:

Job Role Average Annual Salary
Hospital Administrator 5,08000
Administrative Assistant 2,42,100
Sr. Project Manager 2,619,019
Sr. Operations Manager 13,55,366
Senior Technical Consultant 10,71,433
Senior Business Analyst 5,87,361
Research Associate (Unspecified Type) 6,26,256

Scope for the Course MBA in Hospital Administration

This endorsement of MBA in HA qualifies you for employment in both public and private hospitals. Management experts are working in several high positions in the state health department. These individuals are highly sought after to lead government-run hospitals in addition to serving in cabinet roles. To make sure that the hospital program functions well, this group of people is essential. 

Rich employment prospects, With this degree, you can get jobs and advance to top positions in hospital administration. These job prospects are also qualified for senior roles. Last but not least, these jobs offer competitive compensation.

Patient enrollment, booking appointments, management of documents, consultation administration, laboratory management, medication security, report generation, management of employees, outpatient management, and a host of other tasks are just a few of the many tasks that hospital administration helps healthcare providers successfully and effectively manage

Career Opportunities after the Course MBA in Hospital Administration

(1). Health information manager
(2). Corporate development manager
(3). Hospital CFO
(4). Pharmaceutical project manager
(5). Hospital administrator
(6). Policy analyst or researcher

Skills that Make You Good Employee after the Course MBA in Hospital Administration

(1). Critical Analysis 
(2). Listening Intently and Coordinating 
(3). Strong Organizational Skills
(4). Dedication and Team Leading

FAQS

What employment options are there for MBA Hospital Administration graduates?
Jobs & Career Opportunities Hospital administration MBA after
Medical Director, Hospital Director, Hospital's CEO and CFO, Associate in Healthcare, Executive in hospital operations, Manager of medical practice, a medical director.

Is an MBA in hospital administration worthwhile?
Graduates of an MBA program in hospital administration, one of the most lucrative and satisfying industries, will have access to a range of employment opportunities, including MNC and government positions.

What does an MBA in hospital administration hold for the future?
Future Potential of Hospital administrationMBA in India
Wide-ranging career opportunities are made possible by a healthcare management MBA, including work in the hospital administration, healthcare IT, and insurance sectors. The last 10 years have seen a great expansion in the healthcare sector, which has increased demand among the country's youth.

What is the top position in the hospital's administrative hierarchy?
Head of the company (CEO), The highest-level managerial role in a hospital or hospital system is that of the chief executive officer (CEO).

Who are India's top employers for MBAs in Hospital Administration?
Some of the top employers of MBAs in-hospital Administration in India are Apollo, Fortis, Medanta, Cipla, Max Healthcare, and others. Ques.

How much does an MBA in hospital administration cost in India?
Graduates with an MBA in Hospital Administration may expect to earn an average income of INR 3 to 8 LPA in India.

What qualifications are required to be a hospital administrator?
Hospital administrators must be very knowledgeable about the policies, procedures, and systems that govern the healthcare industry. They must also be able to lead people, work well with colleagues in a team, and oversee complex projects.

Which MBA is the best for managing hospitals?
Lovely Professional University, IIHMR University Jaipur, Galgotias University, and NMIMS SBM Mumbai, among others, are among the best MBA hospital administration institutes in India. 

Why would someone need an MBA in hospital administration?
A two-year postgraduate program called the MBA Hospital Administration is created to provide students with a thorough understanding of the dynamics of the healthcare industry. This professional program has a strong emphasis on organizing, directing, and managing the healthcare system and its operations.

Which is more effective, hospital administration or management?
Healthcare administration focuses on particular departments and budgets, day-to-day operations, and staffing, whereas healthcare management oversees the direction of a healthcare institution or system, organization-wide goals, and "big picture" demands.

Student Also Visited

Andhra University, School of Distance Education (AU-SDE), Visakhapatnam
Visakhapatnam,
Academy of Hospital Administration (AHA, Noida)
Noida,
A. J. Institute of Management (AJIM), Mangalore)
Alappuzha,
Graphic Era Hill University Bhimtal Campus-School of Engineering And Technology (SET, Dehradun)
Dehradun,
Guru Nanak Institute of Hotel Management - (GNIHM, Kolkata)
Kolkata,
Vinayaka Mission Kirupananda Variyar Engineering College (VMKVEC, Salem)
Salem,
School of Distance Education and Learning, Jaipur National University, (SDEL-JNU, Jaipur)
Jaipur,
Pacific Institute of Management, Udaipur
Udaipur,
St.Antony's School of Management Studies (SASMS), Kochi
Kochi,
Vinayaka Missions University (VMU, Salem)
Salem,
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