Masters in Hospital Management Salary, Jobs, Scope in India
Masters in Hospital Management jobs are available for graduates in a wider and diverse variety of roles. Graduates will have job opportunities in both the private and public sectors. The career options are very wide and diverse, due to the flexibility of the coursework that the students obtain. Some of the Masters in Hospital Management job lists include Agency Manager, Management Trainee, etc.
Career Prospects and Job Scope for a Masters in Hospital Management Graduate
Jobs for Masters in Hospital Management graduates are available to students at ease. Students can explore various career paths based upon the specialization chosen by them. The Masters in Hospital Management scope of work for a postgraduate is comprehensive and varies over a large number of working areas and sectors.
Listed below are some of the popular Masters in Hospital Management jobs that is undertaken by postgraduates:
- Hospital Administration Manager
- Agency Manager
- Program Manager
- Management Trainee
- Direct Marketing Manager
- Hospital Business Manager
- Occupational Health Specialist
- Key Accounts Manager
Areas of Recruitment for Masters in Hospital Management
There is a large scope of Masters in Hospital Management jobs for graduates in both the private and public sectors. The future of Masters in Hospital Management is promising, with reputable professional options and chances in practically every field. Some of the fields of recruiting for Masters in Hospital Management graduates are listed below:
- Clinics
- College and Universities
- Corporate / Public / Private Sector Hospitals
- Healthcare Centers / Health Insurance Companies
- International and National Healthcare Organizations
- Mental Health Organizations
- Nursing Homes
- Public Health Departments
- Pharmaceuticals and Hospital Supply Firms
Masters in Hospital Management Salary
As per Payscale, the average Masters in Hospital Management job income in India is INR 1-10 LPA. The salary that an individual receives when they start a new job is influenced by a number of factors. Experience in the field, interpersonal skills, area of specialization, and knowledge in the area of specialization are some of the factors that influence income after Masters in Hospital Management.
The placement opportunities provided by a college/university can have a significant impact on a graduate's salary pay. Both the government and the private sector provide Masters in Hospital Management opportunities for good income positions.
A table of salary packages for various job positions after Masters in Hospital Management is provided below:
Masters in Hospital Management Salary in India
The average Masters in Hospital Management salary in India for graduates is around INR 1-10 LPA [Source: PayScale]. The table below shows the salary breakdown of Masters in Hospital Management graduates in India:
| Masters in Hospital Management Salary | Amount (INR) |
| Highest Salary | 10 LPA |
| Lowest Salary | 1 LPA |
| Average Salary | 5.5 LPA |
Source: Payscale
The table below contains the list of Masters in Hospital Management job profiles and their average salaries per annum:
| Designation | Salary (INR) |
| Healthcare Finance Managers | 9.6 LPA |
| Medical and Health Service Management | 3.4 LPA |
| Hospital Administrators | 4.1 LPA |
| Blood Bank Administrator | 4.8 LPA |
| HR Recruiter | 1.9 LPA |
Source: Payscale
Masters in Hospital Management Salary Abroad
For students pursuing this course, salary abroad includes a wide range of opportunities. It is a hands-on course that provides students with the opportunity to excel their skills. The following is a list of salaries for Masters in Hospital Management graduates working abroad:
| Job Profile | Salary (USD) |
| Practice Manager | 67,931 |
| Healthcare Consultant | 83,149 |
| Director of Operations | 101,604 |
| Practice Administrator | 81,816 |
| Operations Manager | 72,467 |
Source: Payscale
Career Scope of Masters in Hospital Management
Candidates after completing the Masters in Hospital Management programme can pursue a variety of careers. After completing the course, students can either seek a job or pursue higher education. The Masters in Hospital Management scope is rapidly expanding and will continue to do so in the near future. Masters in Hospital Management graduates can work in a variety of fields in both the private and public sectors.
Courses after Masters in Hospital Management
After completing a Masters in Hospital Management, one can enroll in a variety of hospital and healthcare management courses at various levels (basic to advanced, certification courses), depending on the specialization chosen. Following are some of the most popular post-Masters in Hospital Management course options:
- Drug Development Product Management Specialization: Candidates will gain a fundamental understanding of the entire process of drug discovery and development by taking this online hospital administration course. Drug Regulation, Pharmacology, Clinical Development, and Research will all be included.
- The Business of Healthcare Specialization: This online course, which is one of the best in hospital management, helps in keeping up with the rapidly changing healthcare sector. Candidates will learn health care policies under the supervision of industry professionals in order to gain the necessary skills that will result in a good salary package.
- Medical Billing and Coding Certificate: This course will equip individuals to work in medical institutions, clinics, doctors' offices, or assisted living homes as one of the top hospital and healthcare management courses focused on medical billing and coding. Medical Terminology, Human Anatomy and Physiology, Procedural Coding, Diagnostic Coding, and Healthcare Law are all covered in these hospital management courses.
- Health Information Technology Certificate: Graduates of this online hospital management course will gain the knowledge and skills needed to work effectively with digital medical records. Healthcare Computer Technology, Industry Software Application, Medical Records Management, Healthcare Legislation and Ethics, and Medical Terminology are included in this course.
Career Options after Masters in Hospital Management
There are numerous opportunities and professional options available after completing Masters in Hospital Management. Students can pursue higher studies or pursue a job. It all depends on whether the student wants to work after finishing their Masters in Hospital Management or continue their education. Students can make decisions based on their skills and interests. Following are some of the most popular post-Masters in Hospital Management career options:
- Medical and Health Service Management: Medical and health service managers are responsible for planning, directing, and organizing all healthcare services supplied by the healthcare service provider in order to guarantee that all services are delivered in a timely and efficient manner.
- Healthcare Finance Managers: These individuals are in charge of overseeing the day-to-day financial activities of healthcare organizations, including Budgeting, Financial Planning, Financial Analysis, and Reporting. The position is quite dynamic, and managers must stay up to date on the latest insurance and healthcare finance regulations and alternatives in order to handle payments efficiently.
- Hospital Administrators: Hospital administrators guarantee that all of their healthcare institution's services work smoothly and efficiently, and that patients are treated promptly. Hospital administrators are also in charge of hiring staff such as doctors, interns, and nurses. Multiple administrators may be in charge of various departments in larger hospitals.
- HR Recruiter: At Hospitals, Nursing Homes, Blood Banks, Medical Clinics, and other Healthcare institutions, HR recruiters manage the hiring of new employees such as nurses, doctors, and assistants. HR Recruiters in medical institutions are in charge of keeping a safe and healthy workplace, as well as ensuring that employees follow all facility rules and regulations and that medical professionals do their jobs ethically and responsibly.
Government Jobs for Masters in Hospital Management Graduates
Soon after completing a Masters in Hospital Management, students are eligible to apply for various government jobs. According to Payscale, the average Masters in Hospital Management job income in India is INR 1-10 LPA. In government organizations, some of the Masters in Hospital Management employment roles include:
| Top Government Hiring Roles | Salary (INR) |
| Health System Administrator | 6 LPA |
| Research Associate | 4 LPA |
| Medical Record Administrator | 4 LPA |
| Medical Director | 7.5 LPA |
Source: Payscale
Private Jobs for Masters in Hospital Management Graduates
Masters in Hospital Management graduates can find various opportunities in the private sector. The average salary after Masters in Hospital Management is INR 1-10 LPA (Source: Payscale). Some of the private jobs for Masters in Hospital Management graduates are listed below, along with their salaries:
| Job Roles | Average Salary (INR) |
| Healthcare Consultant | 5-7 LPA |
| Direct Marketing Manager | 4-5 LPA |
| Hospital Administrator | 7-8 LPA |
| Product Manager | 7-9 LPA |
Source: Payscale
Job Opportunities Abroad for Masters in Hospital Management Graduates
Masters in Hospital Management is one of the most popular degrees among Indian students who wish to study abroad. Not only is the Masters in Hospital Management course curriculum good and aligned with the current healthcare sector needs of the world, but a Masters in Hospital Management degree from abroad also gives students a good possibility of working and residing abroad.
Top Companies for Masters in Hospital Management Graduates
Below is a list of the top organizations that hire Masters in Hospital Management Graduates:
- Fortis Healthcare Limited
- Apollo Hospitals
- KPMG
- AIIMS
- Goa Institute of Management
- Infosys
- Boston Consulting Group
- Deloitte
- Alliz Health
Best Countries for Masters in Hospital Management Graduates
Below is the list of top countries offering job opportunities to Masters in Hospital Management Graduates:
- USA
- New Zealand
- UK
- Canada
- England
- Germany
- Australia
- Ireland
- Finland
- Italy
- Belgium
- France
Various Career Designations Abroad for Masters in Hospital Management Graduates
Here is the list of exciting job roles that attract Masters in Hospital Management graduates to work abroad:
- Head of Hospital Operations
- Assistant Hospital Administrator
- Operation Executive
- Clinical Research Manager
- Nursing Home Administrator
- Ambulatory Care Manager
- Consultant
- Medical Coder
Famous Masters in Hospital Management Graduates
There are many Masters in Hospital Management graduates in the world who have become famous for their contributions. Some of such famous personalities are listed below:
- Jacqueline Nwando Olayiwola
- Seth Berkley
- John Nkengasong
- Adar Poonawalla
- Randy Oostra
- Kate Bingham
