MBA (Hospital and Healthcare Management)
About MBA in Hospital and Healthcare Management
An MBA in Hospital and Healthcare
Management is a specialized program designed to equip individuals with the
necessary skills and knowledge to manage and lead healthcare organizations
effectively. This degree is particularly relevant in today's dynamic healthcare
industry, where there is a growing demand for competent professionals who can
navigate the complexities of healthcare management. The program typically
covers various aspects of healthcare, including healthcare operations, finance,
marketing, human resources, policy, and ethics.
In this program, students learn how to
address the unique challenges faced by healthcare institutions, such as
increasing costs, changing regulations, and the need for quality improvement.
They gain a comprehensive understanding of healthcare systems and the interplay
between medical services, patient care, and business operations. Graduates of
an MBA in Hospital and Healthcare Management can pursue a wide range of careers
in hospitals, clinics, pharmaceutical companies, insurance firms, government
agencies, and other healthcare-related organizations.
Throughout the course, students often
engage in case studies, projects, and internships to gain practical experience
and develop critical thinking and problem-solving skills. They also learn how
to strategize and implement solutions to optimize healthcare services while
keeping the patient's well-being at the forefront. Overall, an MBA in Hospital
and Healthcare Management offers a promising pathway for individuals passionate
about making a positive impact on healthcare delivery and patient outcomes.
Course Highlights of MBA in Hospital and Healthcare Management
| Particulars | Values |
| Course Name | Master of Business Administration in Hospital and Healthcare Management |
| Course Level | Post Graduate (PG) |
| Course Duration | 2 years |
| Examination Type | Semester System |
| Eligibility Criteria | Bachelor's degree in any discipline with a minimum of 50% score from a recognized university |
| Admission Process | Merit/Entrance Based |
| Specialization | Hospital and Healthcare Management |
| Internship | Yes |
| Entrance Exams | CAT, MAT, XAT, SNAP, etc. |
| Course Fee | INR 30,000 to 4,00,000 |
| Average Annual Salary | INR 5,00,000 to 8,00,000 |
| Top Recruiters | Cipla, Apollo Life, Cadila HealthCare, Wipro GE HealthCare |
| Job Profiles | Healthcare Manager, Hospital Administrator, Chief Operations Officer, Healthcare Advisor, and Compliance Officer, Program Planning Advisor |
Why Study MBA in Hospital and Healthcare Management?
Studying MBA in Hospital and
Healthcare Management offers numerous advantages and opportunities for
individuals interested in pursuing a career in the healthcare industry. Here
are some compelling reasons to consider this field of study:
(1) Rapidly Growing Industry: The healthcare industry is
continuously expanding, driven by factors such as an aging population, advancements
in medical technology, and increased demand for healthcare services. This
growth opens up a wide range of job opportunities for MBA graduates
specializing in healthcare management.
(2) Diverse Career Options: Pursuing an MBA in
Hospital and Healthcare Management can lead to various career paths within
the healthcare sector. Graduates can work in hospitals, clinics, pharmaceutical
companies, health insurance firms, public health organizations, and healthcare
consulting, among others.
(3) Combining Business and Healthcare
Expertise:
An MBA in this field equips students with a unique skill set that combines
business acumen with an understanding of healthcare systems and practices. This
blend of knowledge is highly valuable, as it enables professionals to make
strategic decisions that consider both financial and patient care aspects.
(4) Impactful Work: Working in the healthcare
industry provides a sense of purpose and fulfillment, as professionals
contribute to improving people's health and well-being. Hospital and healthcare
managers play a crucial role in optimizing operations, enhancing patient
experiences, and increasing the overall efficiency of healthcare facilities.
(5) Leadership Opportunities: Healthcare management roles
often involve leadership positions. With an MBA in this specialization,
individuals are better prepared to take on managerial and executive roles
within healthcare organizations, driving positive change and innovation.
(6) Financially Rewarding: Management positions in the
healthcare sector are often associated with competitive salaries and benefits.
As the demand for skilled healthcare managers increases, there is potential for
career growth and higher earnings.
(7) Addressing Complex Challenges: Healthcare management is
full of unique challenges, such as budget constraints, evolving regulations,
and the need to adopt new technologies. An MBA education provides the tools to
tackle these complexities effectively.
(8) Interdisciplinary Learning: Students pursuing an MBA
in Hospital and Healthcare Management gain insights from various
disciplines, including finance, marketing, human resources, and healthcare
policy. This multidisciplinary approach enhances their problem-solving
abilities and decision-making skills.
(9) Global Relevance: Healthcare is a universal
need, and the skills acquired through this MBA specialization can be applied in
various countries and regions worldwide. It opens doors for international job
opportunities and collaboration in the global healthcare arena.
(10) Fulfilling Demand for Expertise: As the healthcare industry
continues to evolve, there is an increasing demand for qualified professionals
with a strong understanding of both business management principles and
healthcare operations.
Overall, studying MBA
in Hospital and Healthcare Management can be a rewarding and promising
career choice for individuals looking to make a positive impact in the
healthcare field while leveraging their business skills.
Eligibility Criteria for MBA in Hospital and Healthcare Management
The eligibility criteria for an MBA in
Hospital and Healthcare Management can vary depending on the specific
university or institution offering the program. However, a general outline of
typical eligibility requirements:
(1) Educational Qualification: Candidates should have
completed their undergraduate degree from a recognized university or
institution. The most common requirement is a bachelor's degree in any
discipline, but some universities might prefer candidates with a background in
healthcare, life sciences, management, or related fields.
(2) Minimum Marks: Many institutions have
minimum academic requirements, often expressed as a minimum percentage or CGPA
(Cumulative Grade Point Average) in the undergraduate degree. The specific
percentage or CGPA required can vary between institutions.
(3) Work Experience: While not always mandatory,
some institutions may prefer candidates with relevant work experience in the
healthcare sector. Work experience can be an advantage during the selection
process and may enhance the candidate's understanding of the healthcare
industry.
(4) Entrance Examinations: Some universities or
colleges may require candidates to take specific entrance examinations, such as
CAT (Common Admission Test), MAT (Management Aptitude Test), or GMAT (Graduate
Management Admission Test). These exams assess the candidate's aptitude in
quantitative reasoning, verbal abilities, data interpretation, and general
knowledge.
(5) Language Proficiency: Proficiency in the English
language is often required, as the medium of instruction for most MBA programs is
English. Candidates may need to provide proof of English language proficiency
through tests like IELTS or TOEFL if their previous education was not in
English.
(6) Personal
Interview or Group Discussion: Many institutions conduct personal interviews
or group discussions to assess the candidate's communication skills,
personality traits, and understanding of healthcare management concepts.
Admission Process for MBA in Hospital and Healthcare Management
Admission
to the program is based on the candidate's score on the admission test.
1. Some of the leading entrance exams held for this purpose across India are CAT, MAT, XAT, CMAT etc.
2. Some universities also offer merit-based admission. Normally, the admissions process begins in August and September.
3. By the end of August, online forms will be available for almost all entrance exams.
Merit-based admission
1. Apply for admission to the colleges or universities that interest you.
2. Good results in the Baccalaureate exams, since the results obtained form the basis of the entire recruitment process.
3. universities publish their cutting lists promptly. Check whether you are suitable for the course of your choice.
4. If eligible, attend college and submit all required documents.
Entrance based Admission
1. Apply for admission to the colleges or universities that interest you.
2. Register for the entrance exams you need to become your college of choice.
3. In order to be admitted to further rounds of recruitment, it is necessary to achieve a score above the minimum qualification percentile set by the home university.
4. After the written test, specific group debates and cycles of individual interviews are foreseen to determine the final ranking of the selected candidates.
5. At the end of all examinations, the college or university announces the result and publishes the ranking of finalists based on the written examination, group discussion and individual interview.
6. After completing the recruitment process, the places are finally assigned to the applicants, the applicant pays the tuition fee and registers for the reference academic year.
Skills Required for MBA in Hospital and Healthcare Management
Pursuing an MBA in Hospital and
Healthcare Management requires a diverse set of skills to effectively manage
and lead in the healthcare industry. Here are some of the essential skills that
will be beneficial for a successful career in this field:
1. Excellent communication skills
2. Good professional activates
3. Leadership skills
4. Technical skills
5. Administration skills
6. Management skills
Entrance Exams for MBA in Hospital and Healthcare Management
Passing the entrance exam is also an important admission criterion for admission to the MBA in Hospital and Healthcare Management. Applicants must pass the MBA entrance exams. Check out the list of Best MBA in Hospital and Healthcare Management Entrance Exams.| CAT | XAT |
| CMAT | MAT |
| SNAP | NMAT by GMAC |
| ATMA | IBSAT |
| APICET | TSICET |
| TANCET | KMAT |
Fee Structure for MBA in Hospital and Healthcare Management
| Name of College | Average Annual Fees |
| IIM, Ahmedabad | INR 10 LPA |
| IIM, Bangalore | INR 9.6 LPA |
| SIBM, Pune | INR 9 LPA |
| IIT, Kanpur | INR 8.9 LPA |
| IIHMR University, Bangalore | INR 5 LPA |
Selection Process for MBA in Hospital and Healthcare Management
After considering all aspects of the
candidate's performance, including entrance exam scores, GD, PI, academic
record, and other factors, the final selection is made. Successful candidates
receive offers for admission into the MBA in Hospital and Healthcare Management
program.
Course Comparison of MBA in Hospital and Healthcare Management
| Parameters | MBA in Hospital and Healthcare Management | PGD in Hospital and Health Management |
| Course Name | Master of Bachelor Administration in Hospital and Healthcare Management | Post Graduate Diploma in Hospital and Health Management |
| Course Overview | This course aims at understanding the issues faced by healthcare systems, and the skills required for the perfect functioning of the healthcare sector. | This course prepares students with a management-oriented perspective of the medical and healthcare sectors. |
| Course Duration | 2 Years | 2 Years |
| Course Level | Post Graduate (PG) | Post Graduate (PG) |
| Eligibility Criteria | Bachelor's degree in any discipline with a minimum of 50% score from a recognized university | A bachelor's degree in any discipline with a minimum of 50% marks or an equivalent CGPA |
| Admission Process | Merit-based and Entrance exam | Merit-based and Entrance exam |
| Career Prospect | Healthcare Manager, Hospital Administrator, Chief Operations Officer, Healthcare Advisor, Compliance Officer, Program Planning Advisor | Hospital Quality Assurance Executive, Healthcare Management Executive, Health Administrator, Internal Corporate Analyst etc. |
| Average Annual Salary | INR 5,00,000 to 8,00,000 | INR 4,00,000 to 10,00,000 |
Top Colleges of MBA in Hospital and Healthcare Management
Listed
below are some of the top MBA in Hospital and Healthcare management colleges in
India which offer the course:
| Name of College | AverageAnnualFee (INR) |
| University of Hyderabad, Telangana | INR 1,07,180 |
| SRIHER, Chennai | INR 2,00,000 |
| IIHMR University, Jaipur | INR 5,80,000 |
| SIU, Pune | INR 4,44,000 |
| DPU, Pune | INR 2,10,000 |
| Dy Patil University, Navi Mumbai | INR 4,20,000 |
| HITS, Chennai | INR 2,53,000 |
| MITWPU, Pune | INR 3,75,000 |
| Galgotias University, Greater Noida | INR 1,59,000 |
Jobs and Placements in MBA in Hospital and Healthcare Management
The scope of the MBA in Hospital and Healthcare Management is broad and offers many career opportunities in healthcare, an important revenue-generating industry that offers graduates a rewarding career. There are many MBA positions in hospital and healthcare management that graduates can pursue within an organization.
Private Jobs
The average salary for an MBA in Hospital and Healthcare Management in the private sector ranges from INR 2.5 to 20 LPA. MBA in Hospital and Healthcare Management careers and associated salaries are listed below:
| Job Profiles | Salary (INR) |
| Product Manager | 2.87 LPA |
| Healthcare consultant | 5.5 LPA |
| Healthcare Administrator | 2.0 LPA |
| Healthcare Manager | 3.6 LPA |
Government Jobs
The average salary for an MBA graduate in Hospital and Healthcare Management in Government positions in India is INR 3-7 LPA. Here are the government MBA positions in health management with salaries:
| Top Government Hiring Companies | Job Designation |
| Directorate of Health Services Goa | Operations Manager |
| Central Drug Research Institute | Technology Officer |
| OIL India Limited | Senior Officer |
| Cotton Corporation of India | Management Trainee |
Abroad Jobs
Top International Recruiting Companies who hire MBA in Hospital and Healthcare Management graduates are:
| GE Healthcare | Directorate of Health Services Goa |
| Cognizant Technology Solutions | Central Drug Research Institute |
| Accenture | OIL India Limited |
| Apollo Hospitals | Cotton Corporation of India |
| UNICEF | Cipla |
| Glenmark | Columbia Asia |
| Wipro GE Healthcare | Abbott Laboratories |
Scope for MBA in Hospital and Healthcare Management
An MBA in Hospital and Healthcare
Management offers promising career prospects within the dynamic and
ever-expanding healthcare industry. Graduates with this specialized degree gain
comprehensive knowledge and skills in healthcare administration, strategic
planning, financial management, and healthcare policy, positioning them for
leadership roles in hospitals, healthcare organizations, pharmaceutical
companies, consulting firms, and government agencies. With the increasing
demand for efficient and quality healthcare services, professionals with
expertise in managing healthcare operations, optimizing resource utilization,
implementing innovative technologies, and ensuring regulatory compliance are
highly sought after, making this MBA program a gateway to fulfilling and
impactful careers in improving healthcare systems and patient outcomes.
MBA in Hospital and Healthcare Management: Career Prospects
A Master of Business Administration
(MBA) in Hospital and Healthcare Management offers promising career
prospects in the rapidly growing healthcare industry. Graduates with this
specialized degree possess a unique skill set that combines business acumen
with in-depth knowledge of healthcare systems, policies, and practices. They
are equipped to take on leadership roles in various healthcare settings,
including hospitals, clinics, pharmaceutical companies, healthcare consulting
firms, and government health agencies.
The demand for professionals with
expertise in hospital and healthcare management is on the rise as the
healthcare industry faces complex challenges in managing costs, improving
patient outcomes, and adapting to technological advancements. With an MBA in
this field, graduates can pursue roles such as hospital administrators,
healthcare consultants, healthcare project managers, and healthcare analysts.
These positions offer competitive salaries and opportunities for advancement,
making the MBA in Hospital and Healthcare Management a promising choice
for individuals seeking a rewarding and impactful career in the healthcare
sector. Additionally, with the ongoing evolution of the healthcare landscape,
there is ample room for innovation and entrepreneurial ventures, allowing MBA
graduates to play a vital role in shaping the future of healthcare delivery and
policy-making.
FAQs on Hospital and Healthcare Management
(1) Is an
MBA in Hospital and Healthcare Management better than an MBA?
Ans: When considering reputation, cost, and
salary prospects, an MBA in Hospital and Healthcare Management is significantly
better than a Master's in Management.
(2) What
is the difference between an MBA in Hospital and Healthcare Management and a
Master of Public Health (MPH)?
Ans: MBA HHM trains students in the
proper functioning of hospital and healthcare facility management, while MPH
focuses on studying disease patterns in a specific community or population and
implementing community healthcare programs.
(3) What
is the Average MBA HHM Graduate Salary in India?
Ans: An average annual salary of between
INR 4,00,000 and INR 9,00,000 can be expected, however, senior positions may be
offered to applicants which will improve salary prospects.
(4) What
is the best age for an MBA?
Ans: Preference will be given to applicants
between the ages of 26 and 30 when their careers are at their peak.
(5) Why is
an MBA course at HHM expensive?
Ans: In order to produce competent business
people, many different teaching methods and activities must be employed, and
the costs of all these activities result in higher fees.
(6) Is MBA
better than CA?
Ans: Given the difficulty of the courses,
job opportunities, and affordability, an MBA is a better choice. But CA is much
more famous.
(7) Is it
worth doing an MBA HHM?
Course
MBA (Hospital and Healthcare Management)
Eligibility
Bachelor's Degree from a recognized university with 45%
Duration
2 Years
Type of Course
Post Graduate
MBA (Hospital and Healthcare Management)
About MBA in Hospital and Healthcare Management
An MBA in Hospital and Healthcare
Management is a specialized program designed to equip individuals with the
necessary skills and knowledge to manage and lead healthcare organizations
effectively. This degree is particularly relevant in today's dynamic healthcare
industry, where there is a growing demand for competent professionals who can
navigate the complexities of healthcare management. The program typically
covers various aspects of healthcare, including healthcare operations, finance,
marketing, human resources, policy, and ethics.
In this program, students learn how to
address the unique challenges faced by healthcare institutions, such as
increasing costs, changing regulations, and the need for quality improvement.
They gain a comprehensive understanding of healthcare systems and the interplay
between medical services, patient care, and business operations. Graduates of
an MBA in Hospital and Healthcare Management can pursue a wide range of careers
in hospitals, clinics, pharmaceutical companies, insurance firms, government
agencies, and other healthcare-related organizations.
Throughout the course, students often
engage in case studies, projects, and internships to gain practical experience
and develop critical thinking and problem-solving skills. They also learn how
to strategize and implement solutions to optimize healthcare services while
keeping the patient's well-being at the forefront. Overall, an MBA in Hospital
and Healthcare Management offers a promising pathway for individuals passionate
about making a positive impact on healthcare delivery and patient outcomes.
Course Highlights of MBA in Hospital and Healthcare Management
| Particulars | Values |
| Course Name | Master of Business Administration in Hospital and Healthcare Management |
| Course Level | Post Graduate (PG) |
| Course Duration | 2 years |
| Examination Type | Semester System |
| Eligibility Criteria | Bachelor's degree in any discipline with a minimum of 50% score from a recognized university |
| Admission Process | Merit/Entrance Based |
| Specialization | Hospital and Healthcare Management |
| Internship | Yes |
| Entrance Exams | CAT, MAT, XAT, SNAP, etc. |
| Course Fee | INR 30,000 to 4,00,000 |
| Average Annual Salary | INR 5,00,000 to 8,00,000 |
| Top Recruiters | Cipla, Apollo Life, Cadila HealthCare, Wipro GE HealthCare |
| Job Profiles | Healthcare Manager, Hospital Administrator, Chief Operations Officer, Healthcare Advisor, and Compliance Officer, Program Planning Advisor |
Why Study MBA in Hospital and Healthcare Management?
Studying MBA in Hospital and
Healthcare Management offers numerous advantages and opportunities for
individuals interested in pursuing a career in the healthcare industry. Here
are some compelling reasons to consider this field of study:
(1) Rapidly Growing Industry: The healthcare industry is
continuously expanding, driven by factors such as an aging population, advancements
in medical technology, and increased demand for healthcare services. This
growth opens up a wide range of job opportunities for MBA graduates
specializing in healthcare management.
(2) Diverse Career Options: Pursuing an MBA in
Hospital and Healthcare Management can lead to various career paths within
the healthcare sector. Graduates can work in hospitals, clinics, pharmaceutical
companies, health insurance firms, public health organizations, and healthcare
consulting, among others.
(3) Combining Business and Healthcare
Expertise:
An MBA in this field equips students with a unique skill set that combines
business acumen with an understanding of healthcare systems and practices. This
blend of knowledge is highly valuable, as it enables professionals to make
strategic decisions that consider both financial and patient care aspects.
(4) Impactful Work: Working in the healthcare
industry provides a sense of purpose and fulfillment, as professionals
contribute to improving people's health and well-being. Hospital and healthcare
managers play a crucial role in optimizing operations, enhancing patient
experiences, and increasing the overall efficiency of healthcare facilities.
(5) Leadership Opportunities: Healthcare management roles
often involve leadership positions. With an MBA in this specialization,
individuals are better prepared to take on managerial and executive roles
within healthcare organizations, driving positive change and innovation.
(6) Financially Rewarding: Management positions in the
healthcare sector are often associated with competitive salaries and benefits.
As the demand for skilled healthcare managers increases, there is potential for
career growth and higher earnings.
(7) Addressing Complex Challenges: Healthcare management is
full of unique challenges, such as budget constraints, evolving regulations,
and the need to adopt new technologies. An MBA education provides the tools to
tackle these complexities effectively.
(8) Interdisciplinary Learning: Students pursuing an MBA
in Hospital and Healthcare Management gain insights from various
disciplines, including finance, marketing, human resources, and healthcare
policy. This multidisciplinary approach enhances their problem-solving
abilities and decision-making skills.
(9) Global Relevance: Healthcare is a universal
need, and the skills acquired through this MBA specialization can be applied in
various countries and regions worldwide. It opens doors for international job
opportunities and collaboration in the global healthcare arena.
(10) Fulfilling Demand for Expertise: As the healthcare industry
continues to evolve, there is an increasing demand for qualified professionals
with a strong understanding of both business management principles and
healthcare operations.
Overall, studying MBA
in Hospital and Healthcare Management can be a rewarding and promising
career choice for individuals looking to make a positive impact in the
healthcare field while leveraging their business skills.
Eligibility Criteria for MBA in Hospital and Healthcare Management
The eligibility criteria for an MBA in
Hospital and Healthcare Management can vary depending on the specific
university or institution offering the program. However, a general outline of
typical eligibility requirements:
(1) Educational Qualification: Candidates should have
completed their undergraduate degree from a recognized university or
institution. The most common requirement is a bachelor's degree in any
discipline, but some universities might prefer candidates with a background in
healthcare, life sciences, management, or related fields.
(2) Minimum Marks: Many institutions have
minimum academic requirements, often expressed as a minimum percentage or CGPA
(Cumulative Grade Point Average) in the undergraduate degree. The specific
percentage or CGPA required can vary between institutions.
(3) Work Experience: While not always mandatory,
some institutions may prefer candidates with relevant work experience in the
healthcare sector. Work experience can be an advantage during the selection
process and may enhance the candidate's understanding of the healthcare
industry.
(4) Entrance Examinations: Some universities or
colleges may require candidates to take specific entrance examinations, such as
CAT (Common Admission Test), MAT (Management Aptitude Test), or GMAT (Graduate
Management Admission Test). These exams assess the candidate's aptitude in
quantitative reasoning, verbal abilities, data interpretation, and general
knowledge.
(5) Language Proficiency: Proficiency in the English
language is often required, as the medium of instruction for most MBA programs is
English. Candidates may need to provide proof of English language proficiency
through tests like IELTS or TOEFL if their previous education was not in
English.
(6) Personal
Interview or Group Discussion: Many institutions conduct personal interviews
or group discussions to assess the candidate's communication skills,
personality traits, and understanding of healthcare management concepts.
Admission Process for MBA in Hospital and Healthcare Management
Admission
to the program is based on the candidate's score on the admission test.
1. Some of the leading entrance exams held for this purpose across India are CAT, MAT, XAT, CMAT etc.
2. Some universities also offer merit-based admission. Normally, the admissions process begins in August and September.
3. By the end of August, online forms will be available for almost all entrance exams.
Merit-based admission
1. Apply for admission to the colleges or universities that interest you.
2. Good results in the Baccalaureate exams, since the results obtained form the basis of the entire recruitment process.
3. universities publish their cutting lists promptly. Check whether you are suitable for the course of your choice.
4. If eligible, attend college and submit all required documents.
Entrance based Admission
1. Apply for admission to the colleges or universities that interest you.
2. Register for the entrance exams you need to become your college of choice.
3. In order to be admitted to further rounds of recruitment, it is necessary to achieve a score above the minimum qualification percentile set by the home university.
4. After the written test, specific group debates and cycles of individual interviews are foreseen to determine the final ranking of the selected candidates.
5. At the end of all examinations, the college or university announces the result and publishes the ranking of finalists based on the written examination, group discussion and individual interview.
6. After completing the recruitment process, the places are finally assigned to the applicants, the applicant pays the tuition fee and registers for the reference academic year.
Skills Required for MBA in Hospital and Healthcare Management
Pursuing an MBA in Hospital and
Healthcare Management requires a diverse set of skills to effectively manage
and lead in the healthcare industry. Here are some of the essential skills that
will be beneficial for a successful career in this field:
1. Excellent communication skills
2. Good professional activates
3. Leadership skills
4. Technical skills
5. Administration skills
6. Management skills
Entrance Exams for MBA in Hospital and Healthcare Management
Passing the entrance exam is also an important admission criterion for admission to the MBA in Hospital and Healthcare Management. Applicants must pass the MBA entrance exams. Check out the list of Best MBA in Hospital and Healthcare Management Entrance Exams.| CAT | XAT |
| CMAT | MAT |
| SNAP | NMAT by GMAC |
| ATMA | IBSAT |
| APICET | TSICET |
| TANCET | KMAT |
Fee Structure for MBA in Hospital and Healthcare Management
| Name of College | Average Annual Fees |
| IIM, Ahmedabad | INR 10 LPA |
| IIM, Bangalore | INR 9.6 LPA |
| SIBM, Pune | INR 9 LPA |
| IIT, Kanpur | INR 8.9 LPA |
| IIHMR University, Bangalore | INR 5 LPA |
Selection Process for MBA in Hospital and Healthcare Management
After considering all aspects of the
candidate's performance, including entrance exam scores, GD, PI, academic
record, and other factors, the final selection is made. Successful candidates
receive offers for admission into the MBA in Hospital and Healthcare Management
program.
Course Comparison of MBA in Hospital and Healthcare Management
| Parameters | MBA in Hospital and Healthcare Management | PGD in Hospital and Health Management |
| Course Name | Master of Bachelor Administration in Hospital and Healthcare Management | Post Graduate Diploma in Hospital and Health Management |
| Course Overview | This course aims at understanding the issues faced by healthcare systems, and the skills required for the perfect functioning of the healthcare sector. | This course prepares students with a management-oriented perspective of the medical and healthcare sectors. |
| Course Duration | 2 Years | 2 Years |
| Course Level | Post Graduate (PG) | Post Graduate (PG) |
| Eligibility Criteria | Bachelor's degree in any discipline with a minimum of 50% score from a recognized university | A bachelor's degree in any discipline with a minimum of 50% marks or an equivalent CGPA |
| Admission Process | Merit-based and Entrance exam | Merit-based and Entrance exam |
| Career Prospect | Healthcare Manager, Hospital Administrator, Chief Operations Officer, Healthcare Advisor, Compliance Officer, Program Planning Advisor | Hospital Quality Assurance Executive, Healthcare Management Executive, Health Administrator, Internal Corporate Analyst etc. |
| Average Annual Salary | INR 5,00,000 to 8,00,000 | INR 4,00,000 to 10,00,000 |
Top Colleges of MBA in Hospital and Healthcare Management
Listed
below are some of the top MBA in Hospital and Healthcare management colleges in
India which offer the course:
| Name of College | AverageAnnualFee (INR) |
| University of Hyderabad, Telangana | INR 1,07,180 |
| SRIHER, Chennai | INR 2,00,000 |
| IIHMR University, Jaipur | INR 5,80,000 |
| SIU, Pune | INR 4,44,000 |
| DPU, Pune | INR 2,10,000 |
| Dy Patil University, Navi Mumbai | INR 4,20,000 |
| HITS, Chennai | INR 2,53,000 |
| MITWPU, Pune | INR 3,75,000 |
| Galgotias University, Greater Noida | INR 1,59,000 |
Jobs and Placements in MBA in Hospital and Healthcare Management
The scope of the MBA in Hospital and Healthcare Management is broad and offers many career opportunities in healthcare, an important revenue-generating industry that offers graduates a rewarding career. There are many MBA positions in hospital and healthcare management that graduates can pursue within an organization.
Private Jobs
The average salary for an MBA in Hospital and Healthcare Management in the private sector ranges from INR 2.5 to 20 LPA. MBA in Hospital and Healthcare Management careers and associated salaries are listed below:
| Job Profiles | Salary (INR) |
| Product Manager | 2.87 LPA |
| Healthcare consultant | 5.5 LPA |
| Healthcare Administrator | 2.0 LPA |
| Healthcare Manager | 3.6 LPA |
Government Jobs
The average salary for an MBA graduate in Hospital and Healthcare Management in Government positions in India is INR 3-7 LPA. Here are the government MBA positions in health management with salaries:
| Top Government Hiring Companies | Job Designation |
| Directorate of Health Services Goa | Operations Manager |
| Central Drug Research Institute | Technology Officer |
| OIL India Limited | Senior Officer |
| Cotton Corporation of India | Management Trainee |
Abroad Jobs
Top International Recruiting Companies who hire MBA in Hospital and Healthcare Management graduates are:
| GE Healthcare | Directorate of Health Services Goa |
| Cognizant Technology Solutions | Central Drug Research Institute |
| Accenture | OIL India Limited |
| Apollo Hospitals | Cotton Corporation of India |
| UNICEF | Cipla |
| Glenmark | Columbia Asia |
| Wipro GE Healthcare | Abbott Laboratories |
Scope for MBA in Hospital and Healthcare Management
An MBA in Hospital and Healthcare
Management offers promising career prospects within the dynamic and
ever-expanding healthcare industry. Graduates with this specialized degree gain
comprehensive knowledge and skills in healthcare administration, strategic
planning, financial management, and healthcare policy, positioning them for
leadership roles in hospitals, healthcare organizations, pharmaceutical
companies, consulting firms, and government agencies. With the increasing
demand for efficient and quality healthcare services, professionals with
expertise in managing healthcare operations, optimizing resource utilization,
implementing innovative technologies, and ensuring regulatory compliance are
highly sought after, making this MBA program a gateway to fulfilling and
impactful careers in improving healthcare systems and patient outcomes.
MBA in Hospital and Healthcare Management: Career Prospects
A Master of Business Administration
(MBA) in Hospital and Healthcare Management offers promising career
prospects in the rapidly growing healthcare industry. Graduates with this
specialized degree possess a unique skill set that combines business acumen
with in-depth knowledge of healthcare systems, policies, and practices. They
are equipped to take on leadership roles in various healthcare settings,
including hospitals, clinics, pharmaceutical companies, healthcare consulting
firms, and government health agencies.
The demand for professionals with
expertise in hospital and healthcare management is on the rise as the
healthcare industry faces complex challenges in managing costs, improving
patient outcomes, and adapting to technological advancements. With an MBA in
this field, graduates can pursue roles such as hospital administrators,
healthcare consultants, healthcare project managers, and healthcare analysts.
These positions offer competitive salaries and opportunities for advancement,
making the MBA in Hospital and Healthcare Management a promising choice
for individuals seeking a rewarding and impactful career in the healthcare
sector. Additionally, with the ongoing evolution of the healthcare landscape,
there is ample room for innovation and entrepreneurial ventures, allowing MBA
graduates to play a vital role in shaping the future of healthcare delivery and
policy-making.
FAQs on Hospital and Healthcare Management
(1) Is an
MBA in Hospital and Healthcare Management better than an MBA?
Ans: When considering reputation, cost, and
salary prospects, an MBA in Hospital and Healthcare Management is significantly
better than a Master's in Management.
(2) What
is the difference between an MBA in Hospital and Healthcare Management and a
Master of Public Health (MPH)?
Ans: MBA HHM trains students in the
proper functioning of hospital and healthcare facility management, while MPH
focuses on studying disease patterns in a specific community or population and
implementing community healthcare programs.
(3) What
is the Average MBA HHM Graduate Salary in India?
Ans: An average annual salary of between
INR 4,00,000 and INR 9,00,000 can be expected, however, senior positions may be
offered to applicants which will improve salary prospects.
(4) What
is the best age for an MBA?
Ans: Preference will be given to applicants
between the ages of 26 and 30 when their careers are at their peak.
(5) Why is
an MBA course at HHM expensive?
Ans: In order to produce competent business
people, many different teaching methods and activities must be employed, and
the costs of all these activities result in higher fees.
(6) Is MBA
better than CA?
Ans: Given the difficulty of the courses,
job opportunities, and affordability, an MBA is a better choice. But CA is much
more famous.
(7) Is it
worth doing an MBA HHM?
Course
MBA (Hospital and Healthcare Management)
Eligibility
Bachelor's Degree from a recognized university with 45%
Duration
2 Years
Type of Course
Post Graduate
1st Year OR 1st & 2nd Semester Syllabus of MBA in Hospital and Healthcare Management
| Semesters | Subjects |
| Semester 1 | Principles of Health Service Management |
| Marketing Management of Hospital Services | |
| Organization Behavior | |
| Operations Research | |
| Organization & Administration of Supportive Services | |
| Cost and Management Accounting | |
| Disaster Management / Infection Control | |
| Research Methodology | |
| Semester 2 | Organization and Administration of Clinical and Super Specialty Services |
| Hospital Management Information Systems (HMIS) | |
| Healthcare Marketing Management | |
| Strategic Management | |
| Delivery Logistics and Supply Chain Management | |
| Health Policy and Healthcare Services | |
| Materials and Equipment Management | |
| Marketing Management |
2nd Year OR 3rd & 4th Semester Syllabus of MBA in Hospital and Healthcare Management
| Semesters | Subjects |
| Semester 3 | Quality Assurance for Healthcare/ Hospital |
| Health Economics | |
| Legal Framework in Healthcare Microeconomics | |
| NGO Management | |
| Health Insurance and Managed Care | |
| Human Biology | |
| Taxation and Audit | |
| Human Resource Management and Labor Legislation | |
| Semester 4 | Comparative Health Systems & International Health |
| Financial Accounting | |
| Accounting & Financial Statement Analysis | |
| Consumer Behavior | |
| Introduction to Epidemiology & Biostatistics | |
| Marketing Research | |
| Strategic Human Resource Management | |
| Project |
Please note that the
courses mentioned in the table are indicative and may vary depending on the
specific program and institution.
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