Can one should go for MBA from IIM despite having from medical background?

There are two scenarios to consider here:

Admits from other BSchools but not the established IIMs

Admits from the established IIMs

For the first case, apart from FMS, ISB, XLRI and MDI I would strongly consider the newer IIMs. The IIM brand is strong, and continues to strengthen every year.

For the second situation, I would prefer the established IIMs over the newer IIMs. While I like the startup mentality, I think going for well established educational institutions is imperative - you can never change your institution. Well established institutions provide you access to a wealth of knowledge and alumni networks.

Overall, it is important to remember that IIM Lucknow and Kozhikode were also new IIMs at one point of time. I think IIM Kozhikode is doing a tremendous job in becoming an attractive business school. Always remember that people will look at the status of your business school today, even if you graduated 10 years back.

HELLO ANKIT SHARMA

Yes, for MBA all you need is a graduation in any stream. MBA seems to be the most sought for post graduation option nowadays. So, if you are a doctor you must have contemplated this choice while thinking of MD or MS. There are many management specializations for medical students. If you are confused whether to change your profession as a doctor and become a manager then you should follow your aptitude. If you are very good as a doctor then you should pursue a MD or MS in the area of your interest. Or else, if you have good managerial skills then very well go for MBA where there is a lot of scope for you.

Doctors who go into management can find great jobs in hospital management and administration. There are big medical electronic companies like Philips or GE which would absorb MBA grads with a background of medicine. These companies develop products and services which can best be done by doctors. Besides, there is tremendous scope for clinical research. Doctors with management background can do a phenomenal job in terms of product development and management.

It is not necessary that you have to move away from your medical profession once you have a management degree. You can very well continue to practice. Infact, a doctor with managerial skills can provide the best treatment, which is cheapest for the patients. A MD/MBA integrated degree is very popular in the west. More and more students are showing interest in health-care management.

Considering the amount of money spent on becoming a doctor, it is necessary that you have the skills to earn as much (if not more) in as little time as possible; for which business knowledge is crucial. However good a doctor you may be, or however great your clinic is, you need patients to keep coming in and that requires planning and strategic overview of things. However, people in the medical community are not simply pursuing MBAs as a sort of one-stop shop for business education. There are also master's degrees in public health care and executive MBA programs for doctors.

Whatever said and done, a MBA degree will help you make money but not save a life, only clinical knowledge will help you do that. So, it is very essential that you practice as a doctor for not less then 5 years before you pursue aMBA degree.

You can find employment in hospitals and other healthcare organisations. The tasks would typically involve managing the staff, health services and containing the expenditure. While both medical and non-medical graduates can take up the course, medical graduates would be dealing more with the technical aspects of hospital administration.

Hey there

Yes ofcourse medical profession has become a big market nowadays and doctors are attracted towards MBA as after that you can join hospital management and Excel yourself.

Check about CAT

https://www.google.com/url?sa=t&source=web&rct=j&url=https://bschool.careers360.com/exams/cat&ved=2ahUKEwiGs4ya1IzjAhXQbSsKHbeZDXsQFjAAegQIAxAB&usg=AOvVaw0WGtiQe_DqSNQSEEbxSdmI

Good luck