MBA Healthcare and Hospital Management Course, Fees, Syllabus, Colleges, Scope

MBA in Healthcare and Hospital Management is a two-year postgraduate course in the field of management that provides advanced information on the issues faced by health care systems and the skills required to manage them. MBA in Healthcare and Hospital Management trains students to oversee several operations such as hospitals, pharmaceutical companies and other healthcare systems. MBA Healthcare and Hospital Management course curriculum consists of a wide range of subjects such as Principles of Health Service, Essentials of Hospital Management, Financial Management for Health Care Institutions, Hospital Operations and Quality Management, Healthcare Technology and Laboratory Management.

In this article, we will explore the specifics of the Healthcare and Hospital Management course at postgraduate level including its syllabus, salary in India, duration, and the eligibility criteria for MBA in Healthcare and Hospital Management.

MBA in Healthcare and Hospital Management Course Details

MBA Healthcare and Hospital Management Eligibility Criteria

The eligibility criteria for MBA Healthcare and Hospital Management differ from one institute to another and also whether the institute is private or public. Candidates wishing to apply for the MBA in Healthcare and Hospital Management course must meet the eligibility requirements of the course. The prerequisites for admission are:

• Candidates must have completed a Bachelor’s degree or equivalent examination with 50 percent aggregate marks along with a valid score in CAT/XAT/MAT/GMAT/CMAT.

• They must score at or above the required cutoff in the entrance exam as required by the preferred institution.

• Applicants wishing to apply for admission must have completed their Bachelor’s degree or must be in their final year of graduation from any discipline. Some of the popular bachelor’s degrees pursued before MBA in Healthcare and Hospital Management are BBA, B.Com, BCA and other relevant fields.

• Some of the institutes prefer work experience, although it does not hold that importance in the admission process.

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MBA Healthcare and Hospital Management Admission Process

The admission procedure for MBA courses varies for every academic institution. Some institutions may prioritise academic achievement, while others may consider the overall profile and experience of the candidate. Candidates must score a high-point grade average on their final exams and meet the required percentage to be eligible for admission. They must submit the required documents and fill in all the paperwork. Applicants can visit the official website of the chosen institution for all the details and can fill the application form for getting admission to MBA in Healthcare and Hospital Management course at their preferred institution.

• Candidates are required to successfully clear the entrance exam specified by the institution they want admission to. There are many entrance exams that are conducted across the country out of which the popular ones are CAT, XAT, CMAT, NMAT, MAT and others.
• Applicants who are shortlisted are required to apply by visiting the official website of the institution of their interest.
• The institution may conduct a group discussion and personal interview to shortlist candidates. While some colleges may also offer direct admission based on the candidate’s scores in the entrance exam and their performance in the undergraduate degree.

Top MBA Healthcare and Hospital Management Entrance Examinations

Entrance exam scores are a crucial factor in gaining admission to various institutes and universities. For those interested in pursuing an MBA in Healthcare and Hospital Management, it is necessary to apply for the relevant entrance exams. Admissions are typically granted based on the ranks achieved in these exams. The list below contains the top entrance exams for MBA in Healthcare and Hospital Management.

CAT: The Common Admission Test, or CAT, is a leading entrance exam in India. To secure a spot in India’s top MBA colleges, candidates must pass the CAT exam. After successfully clearing the CAT exam, the institutes conduct group discussion and personal interview processes to evaluate candidates for admission. Admissions are then offered on the basis of a merit list, which is compiled according to the students' performance in the exams.

MAT: Management Aptitude Test or MAT is an entrance examination at national-level which is conducted by the All India Management Association for admissions to MBA and PGDM admissions at many B-Schools and management institutions.

GMAT: Graduate Management Admission Test is a national level entrance examination conducted by the Graduate Management Admission Council for admission to MBA degree programmes in management institutes.

CMAT: Common Management Admission Test or CMAT is an entrance examination at national-level which is being conducted by the National Testing Agency. Over 1,000 educational institutions in India accept the CMAT score.

Cutoff for Top Colleges

MBA Healthcare and Hospital Management is a set of criteria that determine individuals' admission to MBA programmes in Healthcare and Hospital Management at their chosen institute. The cutoff of MBA Healthcare and Hospital Management courses depends on the entrance test, number of students appearing for the exam and difficulty of the entrance exam. CAT cut-off is one of the major criteria for the admission process for MBA Healthcare and Hospital Management courses.

MBA Healthcare and Hospital Management Skills Required

In this dynamic world of healthcare, both hard and soft skills are required to excel in this field, including the ability to handle criticism while maintaining fairness. Those who want to pursue an MBA in Healthcare and Hospital Management from top colleges will need to have the following skill sets.

MBA Healthcare and Hospital Management Subjects/Syllabus

Depending on the institution, the subject of MBA in Healthcare and Hospital Management has a different academic curriculum. In the table below, we have discussed the syllabus of Gandhi Institute of Technology and Management.

MBA in Healthcare and Hospital Management Fee Structure

MBA Healthcare and Hospital Management fees vary from course to course depending on the type and status of the institution. Applicants are advised to check the fees of their chosen college by visiting the official website of the institution. The average fees for MBA in Healthcare and Hospital Management courses range from Rs. 54,000- Rs 22 lakhs.

MBA in Healthcare and Hospital Management Scope

Healthcare and Hospital Management has experienced significant growth due to its increasing demand. This field has attracted a large number of aspirants in India. The increase in health consciousness among individuals has led to a constant search for good health services. This trend is not only limited to India. Many healthcare companies are also emerging worldwide, all striving to enhance healthcare. The healthcare sector has always remained in the spotlight. A career in Healthcare and Hospital Management is ideal for those interested in the pharmaceutical industry, hospitals, government and healthcare sectors.

Career Options after an MBA in Healthcare and Hospital Management

After completing an MBA in Healthcare and Hospital Management, there are numerous career options available in various fields in both the public and private sectors. Here are some of the most popular career options.

Hospital Manager: A hospital manager plays a key role in the administration of a hospital. Their role involves supervising daily operations, formulation of strategies for various departments, managing infrastructure and personnel and planning the hospital’s finances and budget.

Medical Superintendent: Medical superintendents are responsible for overseeing the daily operations of healthcare establishments such as hospitals and nursing homes. Their roles involve making informed decisions about patient care, ensuring adequate staffing in the facilities, and managing budgets effectively.

Healthcare Finance Manager: Healthcare Finance Managers look after the finances of the hospital. They oversee all the business and management operations done. They are responsible for safeguarding the financial health of a healthcare organisation.

Hospital Administrator: Hospital administrators are in charge of one or more hospitals. They oversee all the business and management operations done. They do not directly interact with patients on a daily basis. Their role involves shaping policies and making decisions that directly impact the quality of services.

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Benefits of Studying an MBA in Healthcare and Hospital Management

MBA Healthcare and Hospital Management offers a multitude of benefits. It provides a rich learning environment that incorporates both practical and theoretical knowledge, allowing students to learn effectively. MBA in Healthcare and Hospital Management opens up a wide world of career opportunities as there is a significant demand for qualified professionals who can effectively manage healthcare resources, and there are many well-paying job opportunities for individuals with an MBA in Healthcare and Hospital Management.

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Expected Salary after MBA in Healthcare and Hospital Management

MBA in Healthcare and Hospital Management average salary after obtaining the degree depends on many factors including business rules, the person’s skills, expertise, and accomplishments. Due to the tremendous growth of the healthcare management industries, the job chances for graduates after completing their course are often greater. In the following table, we have mentioned the salaries of some of the most popular career options in the field.

List of Top MBA Healthcare and Hospital Management Colleges

An MBA in Healthcare and Hospital Management is a relatively new course in India. There are some institutions offering this course. Admission to MBA Healthcare and Hospital Management is offered on the basis of marks scored by the candidates in their entrance examinations and past academic performance. In the following table we have mentioned the top MBA Healthcare and Hospital Management Colleges and their fees.