MBA in Hospital Management: Course Details, Eligibility, Fees, Admission, Duration
MBA in Hospital Management is a 2-year postgraduate management program that deals with hospital management techniques and business administration strategies like entrepreneurship, healthcare management, planning, and budgeting. To be eligible for MBA Hospital Management admissions, students need a minimum of 50-55% aggregate score in their bachelor's degree. They must also pass entrance exams like CMAT, CAT, or XAT.
The MBA in Hospital Management syllabus is designed to equip students with the knowledge and skills necessary to manage hospitals and other healthcare organizations effectively and focuses on topics such as Patient Care Management, Healthcare systems, Billing Systems, etc. The MBA Hospital Management course is offered in many top colleges such as IIM Bodh Gaya, IIM Ahmedabad, BITS Pilani, to name a few. An MBA in Hospital Management course fees range from INR 2 - 10 LPA.
Table of Contents
- What is MBA in Hospital Management Course?
- Why Choose an MBA in Hospital Management Course?
- MBA Hospital Management Admission Process
- MBA Hospital Management Entrance Exams
- Top MBA Hospital Management Colleges in India with Fees
- MBA Hospital Management Cutoff of Top Colleges
- Types of MBA in Hospital Management Courses
- MBA in Hospital Management Syllabus and Subjects
- MBA in Hospital Management vs MBA in Hospital Administration
- Courses After MBA in Hospital Management
- MBA in Hospital Management Salary in India
- Career Options After Master of Business in Hospital Management
- Skills That Make You the Best Hospital Manager
MBA in Hospital Management Course Details
| Degree | Masters |
| Full Form | Master of Business Administration in Hospital Management |
| Duration | 2 Years |
| Age | There is no upper age limit to enroll in the course. |
| Entrance Exam | CAT, MAT, CMAT, etc. |
| Minimum Percentage | A minimum of 50-55% for the unreserved category and 45-40% for reserved category with bachelor’s degree. |
| Average Fees | ₹1 - 5 LPA |
| Similar Options of Study | MBA in Healthcare Management |
| Average Salary | INR 3-8 LPA (Source: Payscale) |
| Employment Roles | Hospital Manager, Medical Director, Business Analyst, Chief Nursing Officer, Hospital Consultant |
| Top Recruiters | Fortis, Max Healthcare, Deloitte, Moolchand, Medanta, Seven Hills, Apollo Hospitals, Max Bupa |
What is MBA in Hospital Management Course?
The MBA in Hospital Management course falls under the umbrella of MBA courses. The MBA HM course focuses on understanding healthcare management and medical institutions through comprehensive analytical and problem-solving skills.
The MBA Hospital Management course is designed to upskill students in the healthcare and hospital management sector. After graduation, they can work as Hospital Managers, Medical Directors, and more. The average MBA in Hospital Management salary of INR 3 - 8 LPA (Source: Payscale). Hence, candidates who are interested in the hospital and healthcare sectors or have prior experience working in the healthcare sectors are best suited to pursue the course.
MBA in Hospital Management Eligibility Criteria
The MBA in Hospital Management course eligibility criteria consist of a minimum percentage, and entrance exam cut-off, apart from that colleges may also ask for a letter of recommendation, SOP, etc. The most common eligibility for MBA in Hospital Management course include:
- Candidate should have completed graduation in MBBS, BDS, BHMS, or any equivalent degree from a recognized university with 50-55% marks (45-40% for reserved category). Students must also clear the entrance examinations such as CAT, XAT, MAT, etc.
- Colleges like IIM Bodhgaya give 16% weightage to the work experience parameters under eligibility, so candidates having a minimum of 2 years of work experience will have a competitive edge.
- There is no upper age limit to enrol in the course.
Why Choose an MBA in Hospital Management Course?
Candidates who pursue an MBA in Hospital Management course have excellent job opportunities since there is a growing demand for specialists in the healthcare industry. Below are the points regarding why one should choose an MBA in Hospital Management course:
- The healthcare market globally is projected to reach USD 197 billion by the year 2025, leading to more demand for skilled professionals.
- The hospital sector is expected to reach a valuation of INR 18,348.78 Bn with a CAGR of 18.24% in 2027.
- In India, between 2017 and 2022, 50,000 new jobs have been created in the field of hospital and healthcare industry.
- Since the growing valuation of hospital and healthcare industries, a huge range of job opportunities have opened up in the sector.
MBA Hospital Management Admission Process
The admissions process for an MBA in Hospital Management course is based on merit or by qualifying the specific entrance exams depending on the university. The selection procedure is followed by rounds of group discussion and personal interviews. There is no direct admission available in full-time learning mode for this course.
The MBA Hospital Management admission process may vary across universities but generally includes the following points:
- Step 1: The students need to clear the entrance exam cut-off as required by the respective colleges.
- Step 2: The candidate should fill out the application form for respective colleges available online and offline mode.
- Step 3: After assessing the candidate application, the colleges roll out the list of shortlisted candidates for GD and PI sessions.
- Step 4: After the final merit list is published, the candidate needs to complete the document verification and pay the fees.
Also, Read More on MBA Admission Process
MBA Hospital Management Entrance Exams
For admissions to an MBA in Hospital Management course candidates are required to appear for entrance exams and secure the necessary cut-off scores in CAT, MAT, XAT, etc. The MBA Hospital Management entrance exam is conducted at the national, state, and university levels.
In the table below, the MBA in Hospital Management entrance exam is listed along with registration dates and details:
|
MBA Hospital Management Entrance Exams |
Registration Dates |
Accepting Colleges |
| August 2024 (Tentative) |
IIMB, MDI, NIT Trichy, IIM Ranchi |
|
| Dec 23, 2023-Mar 5, 2024 (February Session) |
Amrita School of Business, LPU- Lovely Professional University, New Delhi Institute of Management, |
|
| August 2024- September 2024 (Tentative) |
SVKM's Narsee Monjee Institute of Management Studies, Mumbai (NMIMS), SDA Bocconi Asia Center, K J Somaiya Institute of Management. |
|
| February 2024- March 2024 (Tentative) |
Amity University Noida, Kalinga Institute of Industrial Technology, Goa Institute of Management. |
|
| February 2024 (Tentative) |
XIM Bhubaneswar, IMT Ghaziabad, IMI Gurgaon |
Top MBA Hospital Management Colleges in India with Fees
The Master of Business in Hospital Management course is one of the specializations growing in demand with new government initiatives. Admission to the course is based both on merit basis and the entrance exam. Government universities like Pondicherry University and the University of Hyderabad and private universities like BITS Pilani and Lovely Professional University offer MBA in Hospital Management courses. Some IIMs such as IIM Bodhgaya and IIM Ahmedabad also offer this course.
On average, the MBA in Hospital Management course fees range between INR 2 - 10 LPA. The MBA in Hospital Management course fees at government universities range between INR 10,000 - 1 LPA while the fee range for private universities can range from INR 2 - 10.5 LPA. The IIM average fee structure ranges from INR 16 LPA.
Listed in the table below are the top MBA in Hospital Management colleges in India and other fee details:
|
College Name |
Tuition Fees (INR) |
Admission Fees (INR) |
Miscellaneous Fees (INR) |
|
INR 15 LPA |
INR 2,000 | INR 25,000 PA | |
|
INR 16 LPA |
INR 25,000 |
INR 15,000 PA |
|
|
INR 2.5 LPA |
INR 16,500 | INR 12,000 PA | |
|
INR 7.6 LPA |
INR 14,000 | INR 6,500 PA | |
|
INR 2 LPA |
INR 30,000 PA | - | |
|
INR 2.29 LPA |
INR 12,000 |
INR 32,000 PA |
|
|
INR 12,000 |
INR 1,000 | INR 8,000 PA | |
|
INR 3,500 PA |
INR 500 | INR 3,200 PA | |
|
INR 4 LPA |
INR 10,000 | INR 8,500 PA | |
|
INR 10.5 LPA |
INR 1,500 | INR 6,000 PA |
Top City-Wise MBA Hospital Management Colleges in India
Below listed are the location-wise MBA in Hospital Management colleges in India with the average annual fees
| Cities | Average Fees |
| MBA in Hospital Management Colleges in Chennai | INR 4 LPA |
| MBA in Hospital Management Colleges in Bangalore | INR 7 LPA |
| MBA in Hospital Management Colleges in Pune | INR 2.7 LPA |
| MBA in Hospital Management Colleges in Jaipur | INR 3.5 LPA |
| MBA in Hospital Management Colleges in Delhi | INR 4.40 LPA |
| MBA in Hospital Management Colleges in Ahmedabad | INR 2.8 LPA |
| MBA in Hospital Management Colleges in Madurai | INR 80,000 PA |
MBA Hospital Management Cutoff of Top Colleges
The availability of seats and the administrative decision to accept candidates at the university determine the master of business in hospital management cutoff. Aside from that, the number of applicants and their entrance examination results differ depending on the institution. Some of the most prominent college entrance examinations and their cutoffs are as follows:
CAT Cutoff 2023 for MBA in Hospital Management Course
The Common Admissions Test, or CAT, is one of the popular entrance exams offered by the Indian Institute of Management for MBA courses. The CAT score is the minimum criterion for admission to the MBA Hospital Management course. The table below shows the expected 2023 CAT cutoff and colleges that accept CAT scores for an MBA in Hospital Management course.
|
Name of College |
Expected CAT Cut-Off (Percentile) |
|
IIM Ahmedabad |
98+ |
|
IIM Bodh Gaya |
90+ |
|
BITS Pilani |
90+ |
|
Amity University |
70+ |
|
SRM University |
70+ |
MAT Cutoff 2023 for MBA in Hospital Management Course
Management Admission Test, or MAT, is a famous MBA entrance exam in which students can apply to popular MBA programmes nationwide. The MAT exam is held in September. The MAT Cutoff score for 2023 has yet to be revealed. The top MBA in Hospital Management colleges and the predicted MAT cutoff scores for 2023 are shown here.
|
Name of College |
Expected MAT Cut-Off (Percentile) |
|
IIM Ahmedabad |
90+ |
|
IIM Bodh Gaya |
90+ |
|
BITS Pilani |
85+ |
|
Amity University |
80+ |
|
SRM University |
70+ |
Types of MBA in Hospital Management Courses
The MBA in Hospital Management course has full-time, part-time, and distance learning options available to students. The MBA Hospital Management course details are provided below:
|
Type |
Eligibility |
Course Duration |
|
Full Time |
Bachelor's degree with a minimum of 50% marks for unreserved category and 45% for reserved category +Entrance Exam+ GD/PI/WAT Score |
2 Years |
|
Part-Time |
Bachelor's degree with a minimum of 50% marks for the unreserved category and 45% for the reserved category. |
2-3 Years |
|
Distance |
Bachelor's degree with a minimum of 50% marks for the unreserved category and 45% for the reserved category. |
2-5 Years |
Part-Time MBA in Hospital Management
Here are some key aspects of the part-time MBA in Hospital Management course:
- Part-time MBA in Hospital Management course typically lasts 2 to 3 years.
- Part-time MBA in Hospital Management course is for candidates who are working and do not have time to attend full-time classes.
- Premier colleges like ISB and Symbiosis offer the course in part-time mode.
- The average fee of the course ranges around INR 10 - 20 LPA.
- This course has no upper age limit.
MBA in Hospital Management Distance Education
The following points highlight the MBA in Hospital Management Distance Education:
- MBA in Hospital Management Distance Education is a postgraduate program for candidates who lack the financial background or time to pursue a regular MBA.
- The MBA in Hospital Management course duration for distance education is 2 - 4 years.
- The average fee for the course is in the range of INR 20,000-70,000 PA.
- The MBA in Hospital Management distance education course can be pursued at colleges such as SGVUDE, SCDL, TNOU, etc.
Also, Check: Hospital Management Courses after 12th
MBA in Hospital Management Syllabus and Subjects
MBA in Hospital Management subjects in the first year focus on equipping students with the foundation to advance knowledge in topics like healthcare environment, risk management, financial management in hospitals, etc. The second year of the course focuses on projects, elective topics, internships, and advanced subjects in hospital management.
The following table contains a list of common subjects in MBA in Hospital Management given in detail:
|
MBA in Hospital Management Subjects |
Topics Covered |
|
Healthcare Laws, Ethics, and Medical Terminology |
Laws relating to Hospital formation, Laws relating to Purchases and funding, Laws pertaining to Hospitals, Medical Terminology |
|
Hospital Operations Management |
Front Office, Admission, Billing, Medical Records, Ambulatory Care, Clinical Services, Supporting Services |
|
Patient Care Management |
Patient-centric management, Quality in patient care management, Patient classification systems, and the role of case mix |
|
Hospital Facilities Management |
Nutrition and Dietary services, Facilities Engineering, Maintenance of Civil Assets, Laundry services |
|
Total Quality Management |
Quality mission, policy and objectives, Measurement of TQM, internal customer-supplier relationship, QFD, Quality Circles, Quality improvement teams, |
Read More: MBA in Hospital Management Syllabus and Subjects
MBA in Hospital Management vs MBA in Hospital Administration
An MBA in Hospital Management course focuses on management and leadership aspects of running a healthcare facility such as hospitals, clinics, and healthcare institutions. While an MBA in Hospital Administration emphasizes the administrative and organizational aspects of healthcare institutions, ensuring they run smoothly and effectively.
The table below showcases the difference between MBA in hospital management and hospital administration:
| Course | MBA in Hospital Management | MBA in Hospital Administration |
| Full-Form | Master of Business Administration in Hospital Management | Master of Business Administration in Hospital Administration |
| Overview | Focuses on managing healthcare facilities efficiently, ensuring quality patient care, and addressing financial, operational, and strategic challenges. | Concentrates on the administration, policy, and organizational aspects of healthcare, with a focus on ensuring compliance and efficient administrative operation. |
| Stream | Management | Management |
| Course Duration | 2 years | 2 years |
| Eligibility | Bachelor's degree from any stream | Bachelor's degree from any stream |
| Entrance Exams | CAT, XAT, CMAT, | CAT, XAT, CMAT, |
| Top Colleges | AMU, CMJ University, Pacific University, JSS Academy of Higher Education and Research | AMU, CMJ University, Pacific University |
| Fees | INR 2- 10 LPA | INR 1.5 - 7 LPA |
| Average Salary | INR 3-8 LPA | INR 2-10 LPA |
| Job Roles | Hospital Manager, Chief Nursing Officer, Hospital Consultant, etc. | Blood Bank Administrators, Hospital Business Managers, etc. |
Read More: MBA in Hospital Administration
Courses After MBA in Hospital Management
After the MBA Hospital Management course, candidates who desire to hone their skills or study further can pursue a list of courses, which is given below:
- PhD
- CCSP- Certified Coding Specialist, Physician Based
- CPCT- Certified Patient Care Technician
- The Business of Healthcare Specialisation
- Medical Officer Administration Certificate
- Health Information Technology Certificate
MBA in Hospital Management Salary in India
The MBA Hotel Management course offers an average salary of INR 3 - 8 LPA for graduates in India. Although salaries vary based on the graduate's experience, knowledge, and qualifications the average salary for freshers ranges from INR 3 - 4 LPA, while employees with experience can earn an average salary of around INR 6.6 - INR 7.8 LPA.
Given in the following table are MBA in Hospital Management salary and job roles:
|
Job Role |
Average Salary For Freshers |
Average Salary After 3 Years |
|
Hospital Administrator |
INR 3.7 LPA |
INR 7.8 LPA |
|
Operations Manager |
INR 3.4 LPA |
INR 6.6 LPA |
|
Office Manager |
INR 3.5 LPA |
INR 7.8 LPA |
|
Billing Manager |
INR 3 LPA |
INR 7.1 LPA |
Read More: MBA in Hospital Management Salary [Source: AmbitionBox]
Career Options After Master of Business in Hospital Management
The job opportunities for MBA in Hospital Management in India have been growing with the development of the hospital industry. Candidates have a wide range of job roles to choose from such as managers, analysts, advisers, researchers, etc.
Some of the career options that can be pursued after an MBA in Hospital Management course are given in the table below:
| Jobs | Description |
| Hospital Manager | They handle all aspects of hospital management, including accounting, patient care, and marketing and promotion strategy. |
| Operations Manager | They maintain the procurement and sourcing of equipment, supplies and the smooth running of the hospitals and clinics. |
| Medical Director | To give the best possible patient care, they organize and coordinate both the services offered by doctors and those of other experts. |
| Pharmaceutical Production Manager | To fulfill or exceed the production plan as effectively as possible, they take care of the machinery and materials. |
| Planning Adviser | They assist with overseeing the company's five-year financial model and associated deliverables. |
Top Recruiters for Master of Business in Hospital Management
MBA in Hospital Management course candidates have various options to work with some of the country's most famous hospitals and healthcare providers. These businesses provide candidates with competitive wage packages, work prospects, and benefits.
Below is a table with top recruiters and the average salaries offered by each of the companies:
|
Top Recruiters |
Average Salary (INR) |
|
National Health Mission |
4.5 LPA |
|
ICS Food |
5 LPA |
|
ESIC Hospital |
5.1 LPA |
|
Cipla Pharmaceuticals |
6.4 LPA |
|
Max Healthcare |
4.7 LPA |
Skills That Make You the Best Hospital Manager
To flourish in their jobs, students seeking an MBA in Hospital Management course require a blend of theoretical and practical abilities. The following skills are required to graduate from the finest MBA Hospital Management course.
- Relationship Building: As hotel managers and administrators, they need to understand building relationships with patients can boost the brand image of the hospitals.
- Patient Care Management: Another key skill that applicants must have is patient care management, which entails ensuring that patients are adequately added across all healthcare systems.
- Leadership: Hospital administrators and managers must be able to run hospitals successfully while also addressing employee and patient grievances in order to find a solution as quickly as feasible.
- Quality Assurance: Another important skill is to ensure that the quality of care and treatment given to patients is fair, just and at par.
Top MBA in Hospital Management Colleges
Top Management Entrance Exams
Exam Date: May 19, 2024
MBA in Hospital Management Fee Structure
FAQs
What is MBA in Hospital Management?
MBA in Hospital Management is a professional course that studies the techniques involved in the hospital and healthcare industry and business strategies.
What is MBA in Hospital Management course duration?
The MBA Hospital Management course duration is for 2 years.
What is MBA in Hospital Management eligibility criteria?
Candidates with a bachelor's degree in BAMS/MBBS/ BHMS, etc., with a minimum of 50-55% marks for unreserved category and 45-50% marks for reserved category students can apply for the course.
What is MBA in Hospital Management admission process?
After meeting the minimum percentage required to enroll in the course, candidates need to qualify for entrance exams such as CAT, MAT, etc. Further the college conducts GD and PI rounds for final selection process.
What is the highest post in MBA Hospital Management?
After MBA in Hospital Management, candidates can become CEO- Chief Executive Officer which is the highest position in a hospital.
Is MBA in Hospital Management a good career?
Yes, with the increased demand for well-trained and equipped hospital administrators and managers, an MBA in Hospital Management is a good career option.
What is MBA in Hospital Management graduate average salary?
MBA in Hospital Management graduate average salary is in the range of INR 3-8 LPA (Source: Payscale)