MBA in Hospital Management Colleges, Salary and Scope

MBA in Hospital Management is a 2- year full- time program spread over 4 semesters. Minimum required eligibility for this course is graduation with a minimum aggregate score of 50% in any specialization such as BA, B. Com, B. Sc., MBBS, BPT, B. Pharm, BE, B. Tech, BDS etc.)

The average tuition fee charged for this course in India ranges between INR 1 to 7.5 lacs.

Successful postgraduates of the course in the country are offered an average annual salary ranging between INR 2,35,000 and 5,50,000.

MBA/PGDM Colleges In Maharashtra

MBA/PGDM Colleges In Uttar Pradesh

MBA/PGDM Colleges In Madhya Pradesh

MBA/PGDM Colleges In Rajasthan

MBA in Hospital Management: Course Highlights

Tabulated below are some of the major highlights of the course.

MBA in Hospital Management: What is it About?

MBA in Hospital Management is designed to equip students with advanced business management skills required to organize and regulate complex healthcare delivery systems. The course curriculum is spread over 8 terms and in each of the first 4 terms, 10 weeks are dedicated to theory classes and hands on practical training, 1 week to examinations and 1 week to evaluation and result preparation. The comprehensive program aims at strengthening the students’ functional skills and deepening their understanding of multi-dimensional healthcare organizations by covering a wide range of subjects pertaining to Business Administration & Healthcare Management.

Top Institutes Offering MBA in Hospital Management

Compiled here is a list of the top institutes in India offering the course along with their respective locations and fees charged by each.

Eligibility Criteria for MBA in Hospital Management

The following are the minimum criteria of eligibility needing to be fulfilled by candidates aspiring to take admission to the course:

• Graduation in any stream with at least 50% marks in aggregate.
• Qualifying any of CAT, XAT, MAT or GMAT.

MBA in Hospital Management: Admission Process

Candidates interested in pursuing the course need to have completed graduation in any discipline. The minimum eligibility criteria for admission may differ according to the institute offering the course.

Eminent institutes such as AIIMS, AFMC, etc. only allow admission to the PG course for students who have already attained an MBBS degree. Candidates interested in pursuing a doctoral degree need to have an MBA in Hospital Management. Additionally, candidates are needed to qualify any of the relevant national level entrance exams such as CAT, MAT and XAT. Candidates may also choose to apply for and appear in any of the university level entrance exams conducted at the level of the university.

MBA in Hospital Management: Career Prospects

MBA in Hospital Management has been designed to develop professionals in the field of Hospital Management through a comprehensive post-graduate program. It offers intensive practical training in the operational and administrative areas of a hospital. It equips them with management skills like planning, organizing and decision- making with specific relevance to healthcare industry.

 Existing healthcare organizations are expanding hospitals in new service areas and new organizations are entering the domain. 7 of the 20 fastest growing occupations are health- care related. Health care is likely to generate 3 million new salaried jobs between by 2024.

The course focuses on management of healthcare and hospital facilities with a syllabus designed for the rapidly expanding healthcare sector and prepares postgraduates for dealing with the management- related challenges in the sector.

Some of the top recruiters for MBA in Hospital Management are listed here:

• Fortis
• Max Healthcare
• Alchemist
• SevenHills Hospitals
• World Health Organization
• Apollo hospitals
• Medanta The Medcity
• Paras Hospitals
• Sankara Eye Care

Listed here are some of the popular job positions offered to successful postgraduates of the discipline with the corresponding job descriptions and salaries offered.

MBA in Hospital Management: Syllabus and Course Description

The course explores concepts of the evolution and structure of and current issues in the health care system. It examines the unique features of health care as a service, and the changing relationships between patients, physicians, hospitals, insurers, employers, communities, and government. The course examines 3 broad segments of the health care industry, namely payors, providers and suppliers. Within the payor segment, the course examines the sources and destinations of spending, managed care, employer- based health insurance, technology assessment, payor strategy, and efforts to fund the elderly, the poor & the financially indigent.

Within the provider segment, the course examines the impact of cost containment and competition on hospitals and integrated delivery systems, long- term care provision and disease management, and the important role of epidemiology in assessing population health needs and risks. Within the supplier segment, the course examines developments in disciplines of biotechnology, pharmaceutical, medical devices, genomics and IT industries.

Given below is a semester- wise breakup of the course’s syllabus.

Aspirants seeking admission to 2 year Full-time Program should have a bachelor's degree in any discipline from any recognized University.