MBA in Healthcare Management Course, Subjects, Exams, Admission, Colleges, Fees, Career
MBA Healthcare Management is a degree programme at the postgraduate level. The course duration is two years, consisting of four semesters. It is an ideal course for students interested in making a career in healthcare management. In India, 63 educational institutes offer this programme and cover all aspects of the healthcare industry.
- MBA Healthcare Management: Highlights
- MBA Healthcare Management Eligibility Criteria
- MBA Healthcare Management Admission
- Top MBA Healthcare Management Entrance Examinations
- Top MBA Specialisations
- MBA Healthcare Management Cutoff
- MBA in Healthcare Management Syllabus
- MBA in Healthcare Management Fees Structure
- Scope of MBA Healthcare Management
- Career Options after MBA in Healthcare Management
- Benefits of studying MBA in Healthcare Management
- Salary after MBA Healthcare Management
- Top Private MBA in Healthcare Management in India
- Top Government MBA in Healthcare Management Colleges in India
Due to its broad scope and applicability in various fields, it can provide a promising career. Students are trained to manage several operations in healthcare organisations such as hospitals, pharmaceutical companies, and government health sectors. The course is designed to train students to manage several healthcare operations.
MBA Healthcare Management graduates can apply for various job profiles such as Hospital Manager, Hospital Administrator, Healthcare Consultant, and Medical Superintendent. Students can also work at many government healthcare organisations depending on their job role. The salary of a healthcare manager in India is Rs. 7.1 LPA.
Some of the leading institutes offering an MBA degree in Healthcare Management are LPU Jalandhar, KJSIM, IIM Bodh Gaya, and Jamia Hamdard New Delhi. Applicants should have a bachelor’s degree in management or a similar discipline from a recognised university in India. Admissions are based on the marks obtained in the entrance exams, CAT, XAT, MAT, and CMAT are the popular examinations.
MBA Healthcare Management- Important Dates
- CAT Exam- 24 Nov, 2024
- CAT Admit Card- 05 Nov 2024 - 24 Nov 2024
MBA Healthcare Management: Highlights
Particulars | Values |
|---|---|
Degree Name | MBA Healthcare Management |
Degree Type | Postgraduate |
Degree Duration | 2 years |
| Semesters | 4 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. 1.20 Lakhs to Rs. 15.50 Lakhs |
Average Salary | Rs. 7.1 LPA (for Healthcare Manager) |
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
The eligibility details of an MBA in Healthcare Management differ from one institute to another. Private colleges may also have different eligibility guidelines than that of a government institute. Candidates can check the official website of the institute or the programme brochure to know the course details. In the table below, we have mentioned the eligibility details of MBA Healthcare Management.
| Eligibility Parameters | Details |
|---|---|
| Educational Qualification | Bachelor's degree from a recognised institute in India |
| Minimum Aggregate Score (for general and reserved categories) | 50 per cent aggregate score (for general) 5-10 per cent relaxation for SC/ST/OBC candidates |
| Provisional Admission | Final-year candidates are also eligible to apply on a provisional basis |
| Work Experience (not mandatory, however, some colleges may prefer candidates with some work experience) | 1-2 years (optional) |
MBA Healthcare Management Admission
Many management institutes provide admissions based on the candidate's academic performance or entrance examinations. Only eligible students can apply for admission. For other course details, students check the official website of the institute or programme brochure.
- Candidates who have met the eligibility requirements of the course can apply for admission to their desired institute.
- Students should carefully fill out the application form on the official website of the institute.
- They can also apply for the entrance examinations. CAT, MAT, XAT, and CMAT are the popular management entrance examinations.
- Once the results of the entrance examinations have been declared, a merit list will be prepared and students will be allotted colleges.
- Many management institutes conduct personal interviews and group discussions in addition to the entrance examinations.
- Selected candidates should pay the course fees and submit the required documents to conclude the admission procedure.
Top MBA Healthcare Management Entrance Examinations
The admissions to the MBA Healthcare Management course is majorly based on entrance examinations. After the results of entrance examinations have been declared, a merit list is prepared, based on which students are allotted colleges. Listed below are some of the leading entrance examinations for MBA.
| Exam Name | Level | Conducting Body | Exam Schedule |
|---|---|---|---|
National Exam | Indian Institute of Management Lucknow | ||
National Exam | All India Management Association | ||
National Exam | National Testing Agency (NTA) | ||
University/National Level | XLRI Jamshedpur | ||
University/National Level | Symbiosis International University |
Top MBA Specialisations
MBA aspirants can choose from many specialisations, however, they should make their choice carefully depending on their future goals and career options. Listed below are the popular MBA specialisations generally opted by the students.
MBA Healthcare Management Cutoff
The cutoff for an MBA in Healthcare Management is the benchmark used by the institutes to screen qualified candidates. Those who scored below the cutoff score are allowed to pursue the course. It is influenced by various factors such as the difficulty level of the exam, the number of applicants, and the number of seats available. In the table below, students will find the cutoff of popular management entrance tests.
| Exam Name | Cutoff |
|---|---|
CAT | |
XAT | |
MAT | |
CMAT |
MBA in Healthcare Management Syllabus
The course curriculum of MBA Healthcare Management includes subjects such as Principles of Management, Biostatistics, Health Insurance and Managed Care, and Organisational Behaviour. Listed below is the MBA Healthcare Management syllabus of AIPH University.
Semester 1 | |
Health and Development | Principles of Management |
Health Policy and Health Care Delivery System | Biostatistics |
Basic Epidemiology | Basic Demography |
Organisational Behaviour | Health Insurance and Managed Care |
Semester 2 | |
Marketing Management | Human Resource Management |
Basic Health Economics | Financial Management |
Communication Planning and Management | Research Methodology |
Basic Hospital Research | Operations Research |
Semester 3 | |
Hospital Planning and Facility Management | Organisation and Management of Clinical Services |
Organisation and Management of Support Services | Organisation and Management of Utility Services |
Material and Equipment Management | Hospital Management Information System |
Data Management and Analysis | Strategic Management |
Seminar | Internship |
Semester 4 | |
Marketing Management of Hospital Services | Legal Framework in Healthcare |
Quality Assurance and Management in Health Care | Disaster Management |
Dissertation | - |
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. The average fees for an MBA in Healthcare Management range from Rs. 1.20 Lakhs to Rs. 15.50 Lakhs.
Related: Healthcare Certification Courses
Scope of MBA Healthcare Management
At present, India is facing significant health challenges withseveral patients from across the world. This has increased the demand for qualified healthcare professionals and medical facilities. This has created a plethora of career opportunities for MBA aspirants. Therefore, the MBA in Healthcare Management will prove to be beneficial for prospective administrators and executives.
After completing an MBA in Healthcare Management, students can contribute to various areas depending on their job role. Some of the industries where graduates can contribute are consultancy, diagnostics, hospital, insurance, IT, pharmaceutical companies, NGOs, and public health and clinical research laboratories. Candidates can also apply for a PhD in a similar discipline.
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.
| Job Profiles | Job Descriptions | Average Salary |
|---|---|---|
| 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. | Rs. 5.1 LPA |
| Medical superintendent | A Medical Superintendent supervises 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. | Rs. 22.5 LPA |
| 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. | Rs. 8.9 LPA |
| 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. | Rs. 6.5 LPA |
Salary Source: AmbitionBox
Top Recruiters:
- Fortis
- Medanta The Medicity
- Apollo
- Max Healthcare
- Columbia Asia
Benefits of studying MBA in Healthcare Management
MBA in Healthcare Management is a professional course that combines business and healthcare management. Healthcare Management is a rapidly evolving discipline, because of increasing awareness of healthy lifestyles. Apart from teaching knowledge of healthcare fundamentals, it also provides a strong knowledge of business. Therefore it is a very versatile degree and allows candidates to apply for different job profiles.
Salary after MBA Healthcare Management
The average income of an MBA Healthcare Management graduate is determined by various factors. Some of these are work location, skills and experiences of the candidate, and the job role opted by the graduate. The average salary also varies depending on the private and government sector. In the table below, we have provided the average salary for the private and government sectors.
| Sectors | Average Salary |
|---|---|
| Private | Rs. 3 LPA-Rs. 75 LPA |
| Government | Rs. 3 LPA-Rs. 75 LPA |
Source: AmbitionBox
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.
- MBA in Health Care Management Colleges in Pune
- MBA in Health Care Management Colleges in New Delhi
- MBA in Health Care Management Colleges in Manipal
- MBA in Health Care Management Colleges in Bangalore
- MBA in Health Care Management Colleges in Jaipur
- MBA in Health Care Management Colleges in Patiala
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 Health Care Management Colleges in Maharashtra
- MBA in Health Care Management Colleges in Rajasthan
- MBA in Health Care Management Colleges in Andhra Pradesh
- MBA in HealthCare Management Colleges in Delhi
- MBA in Health Care Management Colleges in Punjab
- MBA in Health Care Management Colleges in Karnataka
- MBA in Health Care Management Colleges in Tamil Nadu
- MBA in Health Care Management Colleges in Uttar Pradesh
Top Private MBA in Healthcare Management in India
An MBA in Healthcare Management is taught in several 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.
| Colleges | Fees | NIRF Ranking |
|---|---|---|
Rs. 8.19 Lakhs | 32 | |
Rs. 20.77 Lakhs | 45 | |
Rs. 5.13 Lakhs | 96 | |
Rs. 8.01 Lakhs | 101-125 | |
Rs. 10.50 Lakhs | 101-125 | |
Rs. 2.03 Lakhs | - | |
- | - | |
Rs. 3.78 Lakhs | - | |
Rs. 1.80 Lakhs | ||
Rs. 1.40 Lakhs | - |
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.
| Colleges | Fees | NIRF Ranking |
|---|---|---|
Rs. 15.50 Lakhs | 53 | |
- | - | |
Rs. 1.67 Lakhs | - | |
Rs. 3 Lakhs | - | |
- | - | |
Rs. 1.20 Lakhs | - | |
Delhi Pharmaceutical Sciences and Research University, New Delhi | Rs. 2.20 Lakhs | - |
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 Questions (FAQs)
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.
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.
Based on the institution, MBA in Healthcare Management costs between Rs. 1.40 Lakhs to Rs. 20.77 Lakhs depending on the institute.
MBA in Healthcare Management requires a bachelor's degree in any specialisation from a recognised university.
The MBA in Healthcare Management is a two-year-long postgraduate degree programme.
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.
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.
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.
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.
Students who have completed an MBA in Healthcare Management degree can apply for a Ph.D. in Healthcare Management programme.
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