Did you know… you can earn $70,000 to $250,000+ per year after completing MBA in Hospital Management? Yes, you heard it right. An MBA in Hospital Management is one of the most promising career paths for healthcare professionals. If you’re passionate about healthcare administration, then this blog is for you. Read on.
An MBA in Hospital Management is a graduate degree abroad that lasts for one-two years (depending upon the institution you choose to study). This course focuses on training people to control hospital operations. A study programme like this is generally different from the MBA you generally see, this course equips you with the functioning and administration of hospital and healthcare sectors.
To prepare professionals who can lead hospital departments, coordinate interdisciplinary services, and improve the efficiency of medical facilities.
MBA in Hospital Administration
MBA Hospital Services Management
For some universities they follow a comprehensive format of 2 years (for some it is just for 1 year)
Part-time/Executive formats are available for working professionals
Pass undergraduate degree from a university that has credible affiliations
You must score a minimum of 50% marks (45% for SC/ST/OBC) in bachelors degree
Prepare for CAT/GMAT/ATMA etc. whichever the university need
Work experience in healthcare is preferred (not mandatory)
The MBA in Hospital Management course curriculum is all about how a hospital actually works.
Semester-Wise Breakdown:
Semester | Key Subjects |
---|---|
I | Principles of Management, Health Economics, Financial Accounting |
II | Hospital Operations, HR in Healthcare, Epidemiology, Legal Aspects |
III | Quality Assurance, Healthcare IT, Patient Care Services |
IV | Strategic Management, Health Insurance, Internship/Project |
Some of the most reputed institutions offering this programme include:
Name of the universities | Location | Entrance Exam |
---|---|---|
University of Michigan | USA | GMAT/GRE, IELTS/TOEFL, Executive Assessment (for those with work experience) |
SRH Berlin University of Applied Sciences | Germany | No entrance exam required, just IELTS/TOEFL |
University of Calgary | Canada | GMAT/GRE, IELTS/TOEFL |
Trinity College of Dublin | Ireland | GMAT/GRE, IELTS/TOEFL |
Graduates from this course have diverse roles to choose from across the healthcare ecosystem.
Hospital Administrator
Healthcare Operations Manager
Medical Superintendent
Quality Assurance Manager
Health Project Manager (NGOs/WHO)
Medical Practice Manager (Clinics)
Pharmaceutical Product Manager
Telehealth Coordinator
Sector | Recruiters |
---|---|
Hospitals | Apollo, Fortis, Max Healthcare |
Consulting | EY, Deloitte, PwC (Healthcare Vertical), McKinsey, Bain, and Boston Consulting Group |
Pharma | Johnson & Johnson (J&J), Pfizer, Cipla, Novartis |
International NGOs | WHO, UNICEF, Red Cross |
Know More: Master Of Public Health
Job Role | Avg. Salary ($/year) | Avg. Salary (INR/year) |
---|---|---|
Hospital Administrator | $150k annually | ₹1.2 cr |
Healthcare Consultant | $125k to $280k | ₹1 cr to 2.4 cr |
Quality Assurance Manager | $96k | ₹82 LPA |
Medical Practice Manager | $52k to $65k | ₹44 LPA to 56 LPA |
Did you know… India’s healthcare industry is set to reach $19.7 trillion by 2028. It is due to rising population, insurance penetration, and healthcare-based startups. So, the career opportunities in this field are growing.
Yes, absolutely.You can lead the evolution trends of healthcare industry without being a doctor,as well. It offers excellent salary potential. It provides a wide career scope. It involves meaningful work. It’s a career you can be proud of.
Contact the expert advisors of Educafic who will help you pursue this successful career.
Also Read: MBA in Healthcare Management Subjects
Is MBA in Hospital Management better than Master of Hospital Administration)?
What is the average salary after MBA in Hospital Management?
Is NEET required for MBA in Hospital Administration?
Do I need prior work experience to apply?
What are the job roles available after this MBA?
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