What is MBA in Healthcare Management and how to do it, know here

Healthcare Today it is an important and rapidly developing industry. As per the data of 2022, we are already seeing a huge growth of 16-17% in the healthcare industry and this industry is majorly contributing to the GDP of the country. Deciding to make a career in this field is certainly an excellent decision. If you have a keen interest in management and also want to contribute in the field of healthcare, then MBA Healthcare Management is the best choice for you. MBA in Healthcare is an important degree to have the right knowledge of this field and how to run healthcare companies and businesses. Let’s know about it.

Course MBA in Healthcare Management
full form master of business administration in Healthcare Management
Level post graduate
Duration 2 years
Qualification 10+2, Bachelors Degree
type of exam Semester
admission process Based on both merit and entrance exam
MBA Jobs in Healthcare Management Healthcare Manager, Hospital CFO & CEO, Pharmaceutical Production Manager, Medical Practice Manager, Medical Superintendent
MBA Salary in Healthcare Management 5 to 12 lakh LPA

What is MBA in Healthcare Management?

MBA in Healthcare Management is a two-year post-graduate management degree program that trains students to manage multiple functions in hospitals, pharmaceutical companies as well as other healthcare systems. Healthcare Management The MBA focuses on an integrated strategy that encompasses all aspects of the healthcare industry. Healthcare management is the field that focuses on the administration of clinics and hospitals.

Why study MBA in Healthcare Management?

The important reasons for choosing MBA in Healthcare Management are given below-

  • This is one such course, which is offered by universities not only in India but across the world.
  • If you are interested in serving yourself in the field related to the health of people, then this course is for you.
  • You can go for some high paying jobs with MBA Healthcare Management degree. Such as – Hospital Management and Medical Practice Manager, Hospital CEO and CFO, Pharmaceutical Production Manager etc.
  • MBA Healthcare Management study offers unique job opportunities in various healthcare services. The demand of this sector is increasing day by day.

Skills for MBA in Healthcare Management

MBA in Healthcare Management is a management course, for this reason you should have the following qualifications which are as follows –

  • Ability to handle multiple tasks at a time.
  • Organizational Behaviour.
  • excellent work and communication,
  • The ability to use one’s time effectively or productively, especially at work.
  • attention to security.
  • leadership ability.

Subjects and Syllabus of MBA in Healthcare Management

The syllabus of MBA in Healthcare Management may vary from university to university, to provide a clear understanding we have given a general syllabus below:

First Year 2nd year
Principal of Management Essentials of Healthcare Management
strategic management HR In Hospitals
fundamentals of communication Planning and Designing of Healthcare Facilities
cost accounting material management
managerial economics hospital operation
innovation management Legal Aspects of Healthcare
marketing management Customer Centric Organization
quantitative techniques Revenue Cycle Management in Healthcare
human resource management Quality Management in Hospitals
the integrative manager Healthcare Equipment Management
financial accounting Project/Seminar/Case Study
interview preparation Project/Seminar/Case Study

Top Universities in the World for MBA in Healthcare Management

Below we have listed some of the leading universities offering MBA Healthcare Management course:

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Top Universities in India for MBA in Healthcare Management

Given below is the list of top universities in India for MBA in Healthcare Management:

  • IIT Delhi
  • Indian Institute of Foreign Trade
  • Amity University, Noida
  • Delhi School of Business
  • Amity University, Mumbai
  • NMIMS
  • National Institute of Management
  • Banaras Hindu University
  • Allahabad University
  • Delhi University
  • Guru Gobind Singh Indraprastha University
  • Aligarh Muslim University
  • Madras Christian College

Eligibility for MBA in Healthcare Management

The eligibility criteria for MBA in Healthcare Management is as follows:

  • Candidate must have passed 10+2 with good marks from a recognized institute or board.
  • Candidate must have passed from a recognized Institute, University or College BBA OR Bachelor’s degree in relevant field.
  • Students who want to study this course in India, they have to clear entrance exam like OUCET, gate etc. have to be present.
  • Somewhere in some universities abroad GMAT Scores are demanded.
  • In case of foreign universities, as proof of English proficiency IELTS either TOEFL either PTE etc. test scores are required.
  • In addition to these requirements abroad Lor, S.O.P., CV/Resume, portfolio etc. are also required.
  • In addition, some institutes may also require students to have 1-2 years of work experience in this field of study.

Application Process

The application process for MBA in Healthcare Management in India and foreign universities is explained below:

Abroad Application Process

The application process for admission to foreign universities is as follows-

  • The first step in your application process is choosing the right course and university.
  • After selecting the course and university, research about the eligibility criteria of that university for that course.
  • Collect the required test scores and documents.
  • Fill the application form by visiting the university site or you Leverage Edu You can also take the help of experts.
  • Wait for the offer and prepare for the interview if selected.
  • Pay the required tuition fee after clearing the interview round and get the scholarship, student visa, education loan And apply for hostel.

a charming S.O.P. You can take the help of Leverage Edu experts to help you with the complete application process, from writing to visa application.

required documents

Some of the important documents are listed below-

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Application Process in Indian Universities

The application process in Indian universities is as follows-

  1. First of all register by visiting the official website of your chosen university.
  2. After registering in the University website, you will get a user name and password.
  3. Then after sign in to the website select your chosen course which you want to do.
  4. Now fill the application form with educational qualification, category etc.
  5. After that submit the application form and pay the required application fee.
  6. If the admission is based on the entrance test then first register for the entrance test and then wait for the counseling after the result. You will be selected on the basis of marks in the entrance test and a list will be issued.

Entrance Exam for MBA in Healthcare Management

Various entrance exams are conducted across the country for all those students who want to study MBA Healthcare Management. while abroad SAT, act either GMAT and English proficiency test scores are required. We have tabulated the entrance exams for MBA in Healthcare Management below-

State Level Entrance Exams

National Level Entrance Exams

Some important books for MBA Healthcare Management

Here are the important books for MBA in Healthcare Management-

Book Author Link
Introduction to Health Care Management Sharon b. Buchbinder and Nancy H. Shanks buy here
Strategic Management of Healthcare Organizations Peter M. Ginter buy here
Understanding Health Policy: A Clinical Approach Thomas Bodenheimer and Kevin Grumbach buy here
US Essentials of the Healthcare System L EI Shea and Douglas A Singh buy here

Career and Salary after MBA Healthcare Management

In various healthcare management systems, it is necessary to deal with various information integrity issues to ensure data security. In that case, a well qualified MBA Healthcare Management graduate can easily get a good job in various assistant operation positions as well. Graduates after MBA Healthcare Management are offered various career opportunities from multinational companies to government jobs as well, which is considered one of the highest paying and most rewarding professions.

top recruiters

Some of the major companies employing graduates are-

  • Cipla
  • Wipro GE Healthcare
  • Cadila Healthcare
  • Piramal Healthcare
  • Apollo Life
  • Advanced Healthcare Resource of India
  • Fourtis
  • Medanta The Medicity
  • Apolo
  • Max Healthcare
  • Narayana Health
  • The Christian Medical College
  • Colombia Asia

salary

The average earnings of graduates after obtaining MBA Healthcare Management is determined on the basis of the company, skill, expertise and achievement of the individual etc. Some of the major job profiles and annual salary as per Payscale are given below-

job profile Salary (in INR)
Hospital CEO 12 lakh to 14 lakh
Hospital CFO 9 lakh to 10 lakh
Healthcare Information Manager 3 lakh to 6 lakh
hospital administration 6 lakh to 10 lakh
assistant operation manager 5 lakh to 10 lakh
claims manager 4 lakh to 12 lakh

FAQ’s

What is MBA Healthcare Management?

MBA Healthcare Management is a two-year post-graduate management degree program that trains students to manage multiple functions in hospitals, pharmaceutical companies as well as other healthcare systems.

Is MBA Healthcare In Demand?

Due to the ever-increasing demand for expert managers, the healthcare industry is actively looking for MBA Healthcare graduates. Graduates are offered various career opportunities from multinational companies to government jobs after MBA in Health Management, which is considered one of the highest paying and most rewarding professions.

What are the career scopes in MBA Healthcare Management?

In various healthcare management systems, it is necessary to deal with various information integrity issues to ensure data security. In that case, a well qualified MBA Healthcare Management graduate can easily get a good job in various assistant operation positions as well.

What is the difference between MHA and MBA Healthcare?

MHA and MBA Healthcare The key difference between the two is that the MBA focuses more on the diverse aspects of management in the context of the healthcare sector, while the MHA provides students with a holistic understanding of the healthcare industry including management, hospital support services, and management.

Hope you got all the information related to MBA Healthcare Management course. Do you want to do healthcare management related course abroad? Our Leverage Edu Contact experts who will guide you in applying to top universities globally. Call 1800 572 000 to book your free 30 minute session today.

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