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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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    Photography is considered both a science and an art, an artistic means of expression in which the camera replaces the pen. In a career as a photographer, an individual is hired to capture the moments of public and private events, such as press conferences or weddings, or may also work inside a studio, where people go to get their picture clicked. Photography is divided into many streams each generating numerous career opportunities in photography. With the boom in advertising, media, and the fashion industry, photography has emerged as a lucrative and thrilling career option for many Indian youths.

    2 Jobs Available
    Copy Writer

    In a career as a copywriter, one has to consult with the client and understand the brief well. A career as a copywriter has a lot to offer to deserving candidates. Several new mediums of advertising are opening therefore making it a lucrative career choice. Students can pursue various copywriter courses such as Journalism, Advertising, Marketing Management. Here, we have discussed how to become a freelance copywriter, copywriter career path, how to become a copywriter in India, and copywriting career outlook. 

    5 Jobs Available
    Journalist

    Careers in journalism are filled with excitement as well as responsibilities. One cannot afford to miss out on the details. As it is the small details that provide insights into a story. Depending on those insights a journalist goes about writing a news article. A journalism career can be stressful at times but if you are someone who is passionate about it then it is the right choice for you. If you want to know more about the media field and journalist career then continue reading this article.

    3 Jobs Available
    Publisher

    For publishing books, newspapers, magazines and digital material, editorial and commercial strategies are set by publishers. Individuals in publishing career paths make choices about the markets their businesses will reach and the type of content that their audience will be served. Individuals in book publisher careers collaborate with editorial staff, designers, authors, and freelance contributors who develop and manage the creation of content.

    3 Jobs Available
    Vlogger

    In a career as a vlogger, one generally works for himself or herself. However, once an individual has gained viewership there are several brands and companies that approach them for paid collaboration. It is one of those fields where an individual can earn well while following his or her passion. 

    Ever since internet costs got reduced the viewership for these types of content has increased on a large scale. Therefore, a career as a vlogger has a lot to offer. If you want to know more about the Vlogger eligibility, roles and responsibilities then continue reading the article. 

    3 Jobs Available
    Editor

    Individuals in the editor career path is an unsung hero of the news industry who polishes the language of the news stories provided by stringers, reporters, copywriters and content writers and also news agencies. Individuals who opt for a career as an editor make it more persuasive, concise and clear for readers. In this article, we will discuss the details of the editor's career path such as how to become an editor in India, editor salary in India and editor skills and qualities.

    3 Jobs Available
    Content Writer

    Content writing is meant to speak directly with a particular audience, such as customers, potential customers, investors, employees, or other stakeholders. The main aim of professional content writers is to speak to their targeted audience and if it is not then it is not doing its job. There are numerous kinds of the content present on the website and each is different based on the service or the product it is used for.

    2 Jobs Available
    Reporter

    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
    Linguist

    Linguistic meaning is related to language or Linguistics which is the study of languages. A career as a linguistic meaning, a profession that is based on the scientific study of language, and it's a very broad field with many specialities. Famous linguists work in academia, researching and teaching different areas of language, such as phonetics (sounds), syntax (word order) and semantics (meaning). 

    Other researchers focus on specialities like computational linguistics, which seeks to better match human and computer language capacities, or applied linguistics, which is concerned with improving language education. Still, others work as language experts for the government, advertising companies, dictionary publishers and various other private enterprises. Some might work from home as freelance linguists. Philologist, phonologist, and dialectician are some of Linguist synonym. Linguists can study French, German, Italian

    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
    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
    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
    Team Lead

    A Team Leader is a professional responsible for guiding, monitoring and leading the entire group. He or she is responsible for motivating team members by providing a pleasant work environment to them and inspiring positive communication. A Team Leader contributes to the achievement of the organisation’s goals. He or she improves the confidence, product knowledge and communication skills of the team members and empowers them.

    2 Jobs Available
    Procurement Manager

    The procurement Manager is also known as  Purchasing Manager. The role of the Procurement Manager is to source products and services for a company. A Procurement Manager is involved in developing a purchasing strategy, including the company's budget and the supplies as well as the vendors who can provide goods and services to the company. His or her ultimate goal is to bring the right products or services at the right time with cost-effectiveness. 

    2 Jobs Available
    Merchandiser
    2 Jobs Available
    QA Manager
    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
    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
    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
    ITSM Manager
    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
    Big Data Analytics Engineer

    Big Data Analytics Engineer Job Description: A Big Data Analytics Engineer is responsible for collecting data from various sources. He or she has to sort the organised and chaotic data to find out patterns. The role of Big Data Engineer involves converting messy information into useful data that is clean, accurate and actionable. 

    2 Jobs Available
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