MBA Healthcare Management  (Master of Business Administration Healthcare Management ) Admissions, Colleges,Syllabus, Jobs and Scope 2020-21

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What is MBA Healthcare Management?

What is MBA Healthcare Management?

MBA Healthcare Management or Master of Business Administration Healthcare Management is a 2-year course that focuses on making professionals for the healthcare industry. The course is split into 4 semesters, spanning over six months each. 

Aspirants who have a Bachelor's Degree in any discipline and an accumulated score of 50%, all from a nationally syndicated university, can apply for the course. 

Admission to top colleges of MBA Healthcare Management India like Chitkara University, Lovely Professional University, etc are generally offered after cracking popular MBA entrance exams.

Along with various projects and case studies, students willing to pursue this course will also have to study major subjects of the field. Some of those are Essentials of Healthcare Administration, Hospital Operation, Quality Management in Hospitals, etc.

The average cost to study a full-time program of  MBA Healthcare Management India ranges from INR 2 to 10 LPA.

Students can also go for MBA Healthcare Management distance learning offered by universities like Venkateshwara Open University, Anna University, etc. The cost to study this program from distance ranges from INR 30,000 to 1,00,000.

Once the course is done, graduates can expect a beginner salary of around INR 5.2 LPA from MBA Jobs in areas such as Healthcare Management, Hospital Administration, Medical Practice Manager, etc. 

With the highest range of salary for these professionals going up to INR 12 LPA, some of the top recruiters of this field are  Cipla, Apollo Life, Wipro GE Healthcare, Cadila Healthcare, etc.

After successfully completing this course, one can also consider to study further in the same field. A Ph.D. in Hospital Administration is one of the most popular degrees in this field. Studying further will not only bring ample opportunities, but will also offer recognition and better knowledge of the subject.

MBA Healthcare Management: Course Highlights

Course level Postgraduate
Duration 2 years 
Examination Type Semester
Eligibility Bachelor’s degree in any discipline with 50% aggregate marks
Admission process Entrance exam conducted by colleges, GD & PI
Entrance Exams CAT, MAT, XAT, GMAT, CMAT etc.
Course Fee INR 2 to 10 LPA
Average salary INR 5-12 LPA
Top Recruiting Companies Cipla, Apollo Life, Wipro GE Healthcare, Cadila Healthcare, etc
Job Positions Hospital Administrator, Healthcare Manager, Hospital CFO & CEO, Pharmaceutical Production Manager, Medical Practice Manager
MBA Healthcare Management Admission Process

MBA Healthcare Management Admission Process

The selection process is different for colleges all across the country. The written exams are followed by rounds of Group Discussion and Personal Interview. Students are filtered out on the basis of their personality and basic technical knowledge. 

The following steps are to be followed for MBA Healthcare Management Admission:

  • Candidates willing to study this course need to apply for management entrances like CAT, MAT, GMAT, etc. However, certain colleges like Lovely Professional University, Chandigarh University, and a few more organize their own entrance examinations like LPUNEST and CUCET.
  • After appearing for these entrances, the students are invited by the universities for other rounds of tests.
  • Group Discussion- In the group discussion round one needs to present their views on the given topics that are current.
  • Personal Interview- In this round students are asked about their past education, work experience if any, and future goals.
  • Writing Ability Test (WAT)- In this round aspirants are given a topic to write an essay. This helps in understanding the thought process and writing ability of the students.
  • The final step is to get enrolled under the university of which you have cracked the entire admission process. Final enrollment will be requiring all the necessary academics and personal documents to be submitted.

What are the MBA Healthcare Management Entrance Exams?

Entrance exams are very important for MBA Healthcare Management admission in India. In the most recent academic cycle, over 2.5 lakhs students applied for the CAT exam, making it one of the most important management entrance exams. 

Some of the other MBA Healthcare Management Entrance Exams are:

Entrance Exams Eligibility  Registration Dates (tentative)
CAT 50% in Graduation for General and 45% for Reserved. Final year students can also apply. August 7 to September 25, 2020
MAT Candidates with any bachelor's degree can apply. Final year students can also apply 1st Week of July to August 2021 (For September Exam)
XAT Any Graduate can apply Third week of August 2020-Last week of November 2020 (without late fee) / Second week of December 2020 (with late fee)
CMAT Candidates with any bachelor's degree with 50% can apply. Final year students can also apply. For reserved candidates, 45% is required. Throughout the Year
GMAT A bachelor's degree from a reputed university is needed. There is no age limit for this exam. To be announced
ATMA Candidates should possess a Bachelor’s degree in any discipline with minimum 50% marks. February 13, 2020 to May 18, 2020 (2 pm)

How to get admission in a top MBA Healthcare Management College?

The following points must be kept in mind in order to get admission in top MBA Healthcare Management colleges like KJ Somaiya Institute of Management, Acharya Bangalore B-School, etc.

  • Candidates must keep a note of the dates of the entrance exams and apply for the same without delay.
  • Prepare thoroughly for the entrance exam by making notes following the syllabus.
  • Keep on enhancing the skills like writing, reading, speaking, etc, as this will help in clearing the Group Discussion, Personal Interview, and the Writing Ability Test.
  • Try to be aware of the current happenings in and around the world.
  • Be committed to your goals and focus on giving your best.

Outcomes of MBA Healthcare Management

Check out the mentioned below points to know more about the course:

  • Candidates of the MBA Healthcare Management course are qualified to manage diverse roles of leadership, management, administration in the Healthcare sector.
  • The course is a mix of theories, assignments and case studies that differ according to college norms
  • Candidates are taught diverse subjects like Quantitative Techniques, Financial Accounting, and Human Resource Management to give an insight into the workings of the system.
  • The subjects in the first-year study of MBA are common to other streams in order to lay a strong foundation in fields of finance, marketing, Operations and Human resource as they are useful to the Healthcare sector.
  • MBA Healthcare Management syllabus involves working on case studies as applied in the Health Care system, enabling students to gain enriching knowledge regarding the actual workings of the industry.
MBA Healthcare Management Colleges

MBA Healthcare Management Colleges

Some of the top MBA Healthcare Management Colleges are tabulated below, along with their average fees, salary, and location.

College Name Location Average Annual Fees (INR) Average Annual Salary (INR)
KJ Somaiya Institute of Management Mumbai 7,17,050 10 to 13 LPA
Chitkara University Patiala 2,63,000 7 to 9 LPA
Acharya Bangalore B-School Bangalore 8,10,000 12 to 18 LPA
Lovely Professional University Jalandhar 3,04,000 8 to 20 LPA
Manav Rachna International Institute of Research and Studies Faridabad 2,985,00 7.5 to 14 LPA
AIMS Institute Bangalore 9,00,000 11 to 20 LPA
The Prestige Institute of Management and Research Indore  1,19,000 6 to 8 LPA
M.P. Birla Institute of Management Bangalore 5,30,000 6 to 8LPA
Amity Global Business School Noida 3,90,000 10 to 17 LPA
Universal Business School (UBS) Karjat 15,72,805 10.95 to 20.5 LPA

MBA Healthcare Management Distance Learning

MBA Healthcare Management distance learning is available for people who cannot devote two years to campus learning with a high cost of studying. The cost of distance MBA Healthcare Management ranges from INR 30,000 to 1,00,000, which is less in comparison to the traditional route.

Essentials points to keep in mind for MBA Healthcare Management distance learning enrollment:

  • The minimum eligibility required for this course at distance is to have a bachelor’s degree from a recognized university.
  • Admission to this course from distance is offered either through merit or entrance exams.
  • The time required to complete an MBA Healthcare Management from distance is from 2 to 5 years.
  • There is no age limit set for the aspirants eager to pursue this course from distance.

Some of these colleges offering MBA Healthcare Management distance learning are tabulated below.

College name Location Average Annual Fee (INR)
Venkateshwara Open University Pune 28,500
Suresh Gyan Vihar University Distance Education Gurgaon 42,500
Anna University Chennai 31,150
MBA Health Care

Source: University Websites

What is the MBA Healthcare Management Syllabus?

MBA Healthcare Management Syllabus is covered in 4 semesters. The subject allocation is done as per the course requirement of the respective colleges. The syllabus is divided into Practical, Projects, Theory, Seminars, and Case Studies. 

The table below lists the subjects taught in the MBA in Healthcare Management syllabus.

First Year
Fundamentals of Healthcare Administration Management of Disease Control
Quality Assurance Healthcare Policies & Regulations
Healthcare Economics Medico-Legal Issues
Healthcare Legislation Hospital Enterprises Management
Conflict Management
Second Year
Operations Management Organization of Hospitals
Healthcare Planning Concepts of Epidemiology
Management of Hospitals Health Management
Administration of Hospital Information Management in Healthcare
Anatomy, Physiology & Medical Terminology

The first year syllabus is common to all the streams, with specializations being formally divided and focused upon in the final year. 

MBA Healthcare Management Jobs & Career Options

MBA Healthcare Management Jobs & Career Options

MBA Healthcare Management prepares the students to showcase their leadership and innovative skills in the growing sectors of the Health industry. Candidates who have successfully completed their courses with high ranks have wide career prospects to choose from. Some being Hospital CEO, Healthcare Information Manager, Hospital Administrator, and more.

With an average MBA Healthcare Management salary ranging from INR 5 to 12 LPA, the top firms recruiting these graduates include:

  • Apollo Life
  • Cadila Healthcare
  • Cipla
  • Advanced Healthcare Resources of India
  • Wipro GE HealthCare

Here are some of the common MBA Healthcare Management jobs along with the Average Salary Scale:

Job Position Job Description Average Salary
Hospital CEO Highest-ranking executive of a company, with basic responsibilities of decision making, operation management, communication, along with acting as the key personnel of the hospital. INR 12 LPA
Hospital CFO The main treasurer of the company, managing company finances, financial risks, financial reporting, and record-keeping, along with making budgets and overseeing the revenue of each section of the hospital. 9 LPA
Assistant Operation Manager Assistant operations managers are in charge of scheduling, staffing, and maintaining customer relations, along with overseeing daily activities and maintaining the budget, income, and cost of the hospital. 6 LPA
Physician Relations Liaison Physician Relations Liaison manages the private practicing doctors and helps them in procuring clients outside of their local network. 4 LPA
Healthcare Information Manager Health information managers ensure the data integrity of the hospital, along with maintaining the privacy and security of the enterprise. They also implement processes and overlook medical record-keeping. 6.5 LPA
Oncology Coordinator Oncology Coordinators effectively manage and deliver care to cancer patients, while maintaining their progress chart and treatment schedules. 6 LPA
Medical Practice Manager Practice managers oversee the commercial side of the medical practice and are responsible for training staff, keeping records, complying with industry relations, and hiring fresh talent. 7 LPA
Hospital Administrator Hospital administrator supervises administrative operations, oversees annual budgets, implementing policies, and preparing work schedules. INR 4.79 LPA
Claims Manager Claims managers manage and administer billing services of the medical operations, along with maintaining revenue tabs. 4.5 LPA
MBA Healthcare Management

Source: Payscale

What is the MBA Healthcare Management Scope

What is the MBA Healthcare Management Scope

Healthcare managers have been in an ever-evolving demand within the hospitality business, with a 25% spike in their overall desirability and value. The Government is recognizing the value of healthcare managers for the fluid functioning of the hospital, thereby investing in rural and urban training them. A direct influx of private players in the arena are making it important for hospitals to have an efficient managerial layer to their workings. 

Some of the factors like growth in health awareness and the demand for better health facilities are contributing to the growth of this industry. As per a report by Forbes, up to 15% of the global healthcare spending was tied in some form with value/outcome-based care concepts by the end of the following year.

Once the students are done with pursuing MBA Healthcare Management, they can go for higher studies by signing up for a Ph.D. in Hospital Administration. This higher degree offers students a platform after completing a master degree in the same field to explore their existing knowledge further gaining an advanced perspective of the field.

MBA Healthcare Management vs MHA

MBA Healthcare Management vs MHA

The following table shows the comparison made between MBA Healthcare Management vs MHA (Master in Healthcare Management) on major parameters:

Parameters MBA Healthcare Management  MHA
Qualification Masters of Business Administration in Healthcare Management  Master in Health Administration
Course overview The main purpose of MBA Healthcare Management is to make students skilled enough to work in the industries like health-consulting businesses and healthcare firms. The curriculum follows a practical approach of study. The main objective of MHA is to prepare students for higher-level careers in health systems such as hospitals, etc, but following a theoretical approach.
Duration 2 years 2 years
Examination Type Semester based Semester 
Average annual fees INR 2 to 10 lakhs INR 50,000 to 5 lakhs
Eligibility Bachelor’s degree in any discipline with 50% aggregate marks Candidates should have a Bachelor’s degree in any discipline from any recognized Indian university with a minimum of 50% marks in aggregate.
Admission Process Entrance exam conducted by colleges, GD & PI Entrance exam and merit.
Colleges Symbiosis Institute of Health Science, Pune Institute of Health Management, Jaipur Manipal School of Management, Manipal, Faculty of Management Studies, Delhi, etc Eternal University, Sirmaur Parul University, Vadodara, International Management Institute, New Delhi, Rai University, Ahmedabad, etc
Average salary offered INR 5 to 12 LPA INR 3 to 8 LPA
Job Roles Hospital Administrator, Healthcare Manager, Hospital CFO & CEO, Pharmaceutical Production Manager, Medical Practice Manager Medical Deputy Officer, Assistant Medical Officer, Medical Superintendent, etc
MBA Healthcare Management vs MHA

Source: University Websites and Payscale

MBA Healthcare Management: FAQs

MBA Healthcare Management: FAQs

Ques: Who can become a Healthcare Manager?

Ans: Candidates with a Bachelor's degree and a minimum of 50% aggregate can become healthcare managers via an MBA program. 

Ques: What kind of job can we get after an MBA Healthcare Management Degree?

Ans Healthcare managers can get entry-level jobs as the following designations:

  • Human Resources Coordinator
  • Hospital Administrator
  • Claims Manager
  • Healthcare Consultant, etc.
  • Operations Manager

Ques: What is the difference between MBA Healthcare Management and MBA Healthcare administration?

Ans: MBA Healthcare Administrators handle the medical research and treatment offered by a hospital, whereas Healthcare Managers oversee the accounting, policy, and facilitation of the hospital. Management is directly responsible for the healthcare organization and administration runs the staffing of the building. 

Ques: What are the benefits of MBA Healthcare Management?

Ans: MBA Healthcare Management students get an insight into the operational section of the Healthcare Industry. The students get lessons on healthcare management, which bridges the gap between the commercialization of the hospital and the patients admitted to the healthcare industry. Students also get into the government's healthcare policy-making.

Ques: Is it important to have a Bachelor's in the Healthcare sector?

Ans. It is a plus for candidates to be from the medical science sector, however, it is not required for students to be from the same field. 

Ques: What's better, A Diploma or MBA?

Ans: The difference between the courses is the time duration and the diversity of the syllabus. A diploma only covers a concerted area of the field, whereas MBA programs cover the entirety of the Healthcare Management. 

Ques: Can healthcare managers become the CEO of a hospital?

Ans: Yes. With the right skills and managing edge, healthcare managers can rise up to become the CEO of the company. 

Ques: Is an MBA Healthcare Management worth it?

Ans: Yes. A degree that polishes your leadership, management and strategic skills are definitely good for you. What makes it worth it is the career prospects that open up as soon as you get the degree. 

Ques: Can healthcare management be considered a desirable career choice?

Ans: The field for Healthcare management is about to explode, with lakhs of vacancies coming up in the next five years, making it a respectable and desirable career choice. 

Ques: Has there been any announcement regarding COVID-19?

Ans: Most of the college admissions have been shifted online and there are no college tours available to the students. Classes have also been shifted online. 

Master of Business Administration [MBA] Healthcare Management Fee Structure in India


80 K (Minimum Fee)PUBLIC COLLEGES9.70 L  (Maximum Fee)
4.88 L (Average Fee)
28 K (Minimum Fee)Private COLLEGES14.93 L (Maximum Fee)
3.41 L (Average Fee)

Master of Business Administration [MBA] Healthcare Management Fee Structure By state


Karnataka

6.28 LPUBLIC COLLEGES6.28 L
6.28 L
1.08 LPrivate COLLEGES9.50 L
4.43 L

Tamil Nadu

2.72 LPUBLIC COLLEGES2.72 L
2.72 L
37.50 KPrivate COLLEGES2.60 L
1.35 L

Delhi NCR

80 KPUBLIC COLLEGES80 K
80 K
3 LPrivate COLLEGES12.25 L
6.80 L

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7 Reviews found out of 177280


SY
8.7 /10

Campus Life :

Best University for extra curricular and sports they have proper clubs and funding for it. The gender ration is equal. The activities keep on going. The odd semester is all about the activities, events and all. First the schools have there own activities and then there is one at the University level.

Course Curriculum Overview :

They have a trimester system and a gpa marking. They keep you indulged in extracurricular activities and sports. They give you enough opportunity to enhance your skills. There are clubs also which you could join. It always help you in the placements as it shows how much active and exposure you have.

College Events :

Different clubs are there which has different events and festivals. Firstly the college you study in have their own clubs and competitions. Then there are clubs at the University level which has University level competition. Like swimming, cricket, football, fashion shows an many more.

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As
6.7 /10

College Events :

The foundation event ( celebration for the day when college was founded) Marketing maestro (different Groups are made among the student and all they have to do is setup a small business inside the college compound and do a kind of marketing as well as run it. So its a great fun between the students,even the teachers are very participative and also the turns out to be challenging on the board.

Course Curriculum Overview :

The course is very well designed as it provides the global exposure with collaboration to RUDN University. Exam structure is divided into a parts, 60 marks is written oriented in which 20 marks is for the mid term and rest 40 marks is for end term.Other 40 marks is covered by the faculty members that depends on students class participation,quiz and presentation.

Faculty :

College has the limited number of faculty members for the mba(healthcare) and remain faculties tend to be the visiting faculty for this particular course as the course requires more of the industry knowledge and practical analysis. So the ones who visit us are the doctors.

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SG
7.7 /10

Placement Experience :

Yes as mentioned already GEMS had a very good option to opt. for internship right from the beginning of semester.The college has separate placement cell which had tie ups with many good companies and startups. They co-ordinated with students to schedule the interviews with the companies related to your domain. They make sure they give you many interviews so that you choose best one that suits your stream. The stipend given solely depends on the experaince, personality and the knowledge of the student and the company where in they get selected but as a fresher its good to start with and its always good to have a internship label when you graduate from any course.In my tenure at GEMS I have seen students working in start up to student working in yahoo and apple as well. so it also depends on how as student we make use of these oppertunities. the Stipend ranges anywhere from 15K to 50K pm depending on student, company and their skills. After passing out from here this internship helps to skip the early struggle of the fresher to search job and helps them to land a job at better stage and better packages, this internship and full time degree help us to stand out of crowd and help us to shine.

Internships Opportunities :

Yes as mentioned already GEMS had a very good option to opt. for internship right from the beginning of semester.The college has separate placement cell which had tie ups with many good companies and startups. They co-ordinated with students to schedule the interviews with the companies related to your domain. They make sure they give you many interviews so that you choose best one that suits your stream. The stipend given solely depends on the experaince, personality and the knowledge of the student and the company where in they get selected but as a fresher its good to start with and its always good to have a internship label when you graduate from any course.In my tenure at GEMS I have seen students working in start up to student working in yahoo and apple as well. so it also depends on how as student we make use of these oppertunities. the Stipend ranges anywhere from 15 k to 50K pm depending on student, company and their skills.

Faculty :

Faculty of the college is highly educated and very supportive. They carry a huge experience in both Job and teaching as well. Faculty members are ex employees many big companies who share real life experiences of professional world and also have huge knowledge which makes their teaching ore effective, worth learning, understanding and attending the classes become more interesting. There are faculties who also help student via emails, call etc and are available for students offline and online as well. All the faculties are very senior and carry a lot of good positive and optimistic vibes which enhance out learning and knowledge.

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Comments


5 Comments
A
Anonymous
What are business opportunity after mba in health care?
A
Anonymous

Hi Rishi, following are the scope after MBA in Healthcare Management: 

  • Hospital Administration
  • QA in Hospital
  • Medical Affairs in Pharma
  • Pharma Marketing
  • Data Management
  • Business Analytics, HEOR, etc.

A
Anonymous
Im doing B.sc nursing..im i able to do Mba in hospital management.. whether the scope for the job in mba hospital management is good?
A
Anonymous
Hi Ismael, this depends on the college/university in which you are applying for admission as minimum percentage criteria may vary from college to college.
A
Anonymous
I am currently doing my undergraduate degree in biotechnology and also have pursued science in grade 12... I really would like to know if taking healthcare management would be hard because it is completely a different turn from science. I really do not have any basics in the business or accountancy aspects
A
Anonymous
I have done b.tech in civil engineering..now i want to switch to health care management..can i???
A
Anonymous
Hi Mir, this depends on the college for which you are applying as some colleges demands subject specific eligibility criteria.
A
Anonymous
I need to join in medical MBA how can i need to write entrance exam and application date
A
Anonymous
Hi Shobha, kindly mention the college/university in which you want to take admission so that we can provide you the relevant details.

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Master of Business Administration [MBA] Healthcare Management Colleges IN INDIA

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5.23 L first year fees
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NIMS University
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AIMS Institutes
Bangalore, Karnataka
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