MBA Healthcare Management: Course Details, Eligibility, Admission, Fees
Duration
2 Years
Average Fees
INR 2.5 to 7 Lakhs
Updated on Mar 27, 2023 by Kripal Thapa
Updated on Mar 27, 2023 by Kripal Thapa
MBA Healthcare Management is a two year postgraduate course that equips students with knowledge of healthcare systems, public health-related systems, hospital networks, or other medical facilities. The MBA Healthcare Management course opens up a variety of job opportunities in hospitals and healthcare related corporate firms.
MBA Healthcare Management Course Details
| Degree | Masters |
| Full Form | Master of Business Administration in Healthcare Management |
| Duration | 2 Years |
| Age | No age limit |
| Minimum Percentage | Aggregate of 50% in Under graduation |
| Average Fees | INR 2.5 to 7 Lakhs |
| Average Salary | INR 5 - 12 LPA (Source: Payscale) |
| Employment Roles | Hospital Administrator, Healthcare Manager, Facilities Director, Administrative Officer, Chief Operating Officer, Research Analyst, Healthcare Finance Manager |
MBA Healthcare Management Latest Updates:
- March 27, 2023: Admission is open at ISMS Pune for MBA & PGP Program. Read More
- March 27, 2023: Admission is open at JIIT Noida for UG & PG courses 2023-2025, the last date to apply is May 31, 2023. Read More
About MBA Healthcare Management
Healthcare management (or healthcare administration) is defined as "supervising a healthcare organization's functions. Healthcare managers' tasks include providing leadership, management, and direction to healthcare units (such as hospitals or other healthcare systems) to ensure the best delivery of the available healthcare services. The MBA Healthcare Management course falls under the umbrella of the MBA
MBA Healthcare Management subjects include management of disease control, conflict management, hospital enterprise management, hospitals, healthcare planning, and many more. MBA Healthcare Management duration is entirely dynamic and competitive, and the aspirants have diverse job scopes. Generalists work for entire facilities, while specialists focus on administering specific departments like marketing, finance, policy analysis, or accounting.
Table of Contents
- Eligibility Criteria for MBA Healthcare Management
- How to Get Admission for MBA Healthcare Management?
- Popular Entrance Exams for MBA Healthcare Management
- Top MBA in Healthcare Management Colleges in India
- Study MBA Healthcare Management Abroad
- Fee Structure for MBA Healthcare Management
- Syllabus and Subjects for MBA Healthcare Management
- Why Choose MBA Healthcare Management?
- Preparation Tips
- Scope For Higher Education
- Salary
- Career Options
- Skills
Eligibility Criteria for MBA Healthcare Management
MBA in Healthcare Management eligibility requires the students to have a bachelor's degree in any discipline with a minimum aggregate score of 50%. The admission process can be based on either score of entrance exams or a merit basis. MBA Healthcare Management eligibility criteria does not have an age limit in it.
Who Should Pursue MBA in Healthcare Management?
Students who are interested in developing skills required to work efficiently with digital medical records. Typically, the courseware includes healthcare computer technology, industry software application, medical records management, healthcare law and ethics, and medical terminology.
When To Do MBA in Healthcare Management?
MBA Healthcare Management is a 2-year course that focuses on making professionals for the healthcare industry. 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.
How to Get Admission for MBA Healthcare Management?
MBA Healthcare Management admission criteria differ based on the institution's course and must be met by the applicant. The students can follow up the admission process either through direct admission or scores of the entrance examinations. The access and selection differ from one institute to another institute. The admission process despite the specialization does not change for MBA.
Listed below is a step-by-step admission process in general:
Apply For the Course
Every MBA Healthcare Management college has its own admission process, and one can apply online or offline. Students are required to visit the official website and apply by submitting the required documents for use online.
Selection Criteria
The qualified student can go through the personal interview and group discussion rounds, and once selected, they can avail of their admit card. It is vital that the students research the MBA in healthcare management course details.
Read More on MBA Admission
Popular Entrance Exams for MBA Healthcare Management
Entrance exam scores are an essential part of admission for most reputed colleges and universities. Students opting for MBA Healthcare Management are required to go through entrance exams. Listed below are some of the top MBA Healthcare Management entrance exams:
A Quick Glance at the MBA Healthcare Management Entrance Exams
MBA Healthcare Management is an inspiring course, and the aspirants who are willing to pursue this course have to clear the entrance exam. Listed below is the general idea of the entrance exam pattern.
- The pattern of the exam is online or offline mode may vary from college to college.
- The exam pattern changes according to the colleges.
- The examination time is approximately 120 to 180 minutes
- Aspirants will be tested on their quantitative and analytical skills, data interpretation, and reasoning skills.
Top MBA in Healthcare Management Colleges in India
Listed are the best colleges for MBA in Healthcare Management in India according to NIRF:
| NIRF Ranking | College | Average Fees (INR) |
|---|---|---|
| 1 | IIM, Ahmedabad | 20 Lakhs |
| 2 | IIM, Bangalore | 20 Lakhs |
| 16 | IIT, Kanpur | 10 Lakhs |
| 22 | SIBM Pune | 15 Lakhs |
| 36 | BHU, Varanasi | 3 Lakhs |
| 48 | LIBA, Chennai | 5 Lakhs |
| 49 | LPU, Jalandhar | 20 Lakhs |
| 51 | Chandigarh University | 20 Lakhs |
| 56 | SIMSR | 20 Lakhs |
Top MBA Healthcare Management Colleges in Bangalore
Given below are the Top MBA Healthcare Management Colleges in Bangalore:
| SI.No | Name Of College |
| 1 | Christ University |
| 2 | Alliance University |
| 3 | Jain University |
| 4 | REVA University |
| 5 | AGBS |
Top MBA Healthcare Management Colleges in New Delhi
Given below are the Top MBA Healthcare Management Colleges in Delhi:
| SI.No | Name Of College |
| 1 | Amity University |
| 2 | IMT |
| 3 | IMI |
| 4 | Galgotias University |
| 5 | Christ University |
Top MBA Healthcare Management Colleges in Mumbai
Given below are the Top MBA Healthcare Management Colleges in Mumbai:
| SI.No | Name Of College |
| 1 | University of Mumbai |
| 2 | JBIMS |
| 3 | SIES |
| 4 | IBS |
| 5 | Institute of Business Studies and Research |
Top MBA Healthcare Management Colleges in Pune
Given below are the Top MBA Healthcare Management Colleges in Pune:
| SI.No | Name Of College |
| 1 | FLAME University |
| 2 | IIEBM |
| 3 | MIT WPU |
| 4 | Institute of Business Studies and Research |
| 5 | All India Shri Shivaji Memorial Society's College of Engineering |
State-Wise MBA in Healthcare Management Colleges
Given below are the top State-Wise MBA in Healthcare Management Colleges that the students can study in:
Top MBA Healthcare Management Colleges in Kerala
Given below are the top colleges for MBA Healthcare Management in Kerela:
| SI.No | Name Of College |
| 1 | MG University |
| 2 | University of Kerala |
| 3 | IIM Kozhikode |
| 4 | NIT, Calicut |
| 5 | DC School Of Management And Technology |
Top MBA Healthcare Management Colleges in Maharashtra
Given below are the top colleges for MBA Healthcare Management in Maharashtra:
| SI.No | Name Of College |
| 1 | UniPune |
| 2 | K J Somaiya Institute of Management |
| 3 | SPJIMR |
| 4 | SIBM |
| 5 | NMIMS University |
Top MBA Healthcare Management Colleges in Tamilnadu
Given below are the top colleges for MBA Healthcare Management in TamilNadu:
| SI.No | Name Of College |
| 1 | Anna University |
| 2 | LIBA |
| 3 | Great Lakes |
| 4 | PSGCT |
| 5 | University of Madras |
Study MBA Healthcare Management Abroad
The primary benefits of MBA Healthcare Management are the scope and extent of the course. There is a lot of scope for students to study the course abroad, as there are many colleges around the world providing this course. Students will be able to gain international exposure if they choose to study abroad.
MBA in Healthcare Management in Canada
Students can study MBA Healthcare Management in Canada. Given below are the top colleges providing the course:
| SI.No | Name of College |
| 1 | York University |
| 2 | Trent University |
| 3 | University of British Columbia |
| 4 | Simon Fraser University |
| 5 | Victoria University |
MBA Healthcare Management in UK
Students can study MBA Healthcare Management in UK. Given below are the top colleges providing the course:
| SI.No | Name of College |
| 1 | Leeds University |
| 2 | Sussex University |
| 3 | Manchester University |
| 4 | University College London |
| 5 | London School of Economics and Political Science |
MBA in Healthcare Management in USA
Students can study MBA Healthcare Management in USA. Given below are the top colleges providing the course:
| SI.No | Name of College |
| 1 | New York University |
| 2 | University of California Los Angeles |
| 3 | University of Southern California |
| 4 | Boston University |
| 5 | Kansas State University |
Fee Structure for MBA Healthcare Management
MBA Healthcare Management average fees range is INR 20,000 - 10 Lakhs. Students can also pursue MBA Healthcare Management through distance education.
| College | Total Fees (INR) |
|---|---|
| IIM, Ahmedabad | 10 Lakhs |
| IIM, Bangalore | 9.6 Lakhs |
| IIT, Kanpur | 8.9 Lakhs |
| SIBM, Pune | 9 Lakhs |
| IIHMR University, Bangalore | 5 Lakhs |
Syllabus and Subjects for MBA Healthcare Management
MBA Healthcare Management consists of 4 semesters. The syllabus includes practicals, theory, projects, and problem-solving case studies. It gives students theoretical and practical knowledge about the healthcare industry. Amongst all the benefits of MBA healthcare management, the primary benefit is that the course provides students with a lot of industry-relevant information. MBA healthcare management courses are designed to ensure that the students have access to all the vital and key concepts they need to know about.
Important MBA Healthcare subjects are mentioned below:
- Fundamentals of Healthcare Administration
- Quality Assurance
- Healthcare Economics
- Healthcare Legislation
- Conflict Management
- Management of Disease Control
- Healthcare policies and Regulations
- Hospital Enterprises Management
Know More: MBA in Healthcare Management Syllabus and Subjects
Why Choose MBA Healthcare Management?
Students opting for MBA in the Healthcare Management team also learn and equip their skills and knowledge on administration, leadership workings of systems, marketing, and operations. The course also enables the students to gain a practical understanding of the healthcare sector and problem-solving. The answer to "why choose MBA Healthcare Management?"
What is MBA Healthcare Management All About?
MBA Healthcare Management is a two year course designed to prepare students/aspirants to oversee operations and services in the healthcare facilities field. Students pursuing this course explore different domains like business, marketing, finance, and effective management principles related to the United States. Healthcare system. MBA Healthcare graduates get a deep insight into the healthcare industry's operational section.
The students get detailed knowledge on healthcare management, which bridges the hospital's commercialization gap, and the patients admitted to the healthcare industry. Students also get into the government's healthcare policy-making.
What Does an MBA in Healthcare Manager Do?
The need for healthcare administration is very important and let's get to know more about the tasks of a healthcare manager.
Improving Staff Efficiency: Working with other healthcare professionals to improve efficiency and quality in delivering direct healthcare services. Staying abreast of changes and new laws and regulations for healthcare facilities where they work to comply with those regulations adequately.
Supervision: Supervising assistant healthcare administrators in healthcare facilities that are large enough to employ them. Management of the healthcare facility's finances, such as managing overhead costs, patient fees, and billing. Creation of work and shift schedules for both direct care providers and other administrators. Representation of the facility at investor meetings or meetings of any governing boards.
Organizing: Keeping and organizing records of the facility's services, such as the number of inpatient beds currently being used by patients.
Reasons Why MBA Healthcare Management Can Fetch You a Rewarding Career?
The Healthcare sector is an ever flourishing sector and let's get to know more about the job prospects.
Growth: Graduates passing MBA Healthcare Management can work as a healthcare manager, administration of the hospital, assistant operation manager, claims manager, and oncology coordinator.
Salary: The salary ranges between INR 5 - 12 LPA for graduates who completed an MBA Healthcare Management course.
Enhances Skills: MBA Healthcare Management allows graduates to learn about leadership, administration, and the working system of Healthcare management.
Read More: MBA Healthcare Management Jobs and Scope
Preparation Tips for MBA Healthcare Management Course
The students studying for master's in Healthcare Management need to be well aware of their surroundings and equip their thinking and reasoning skills to excel in this course.
Skills to Focus On: Students should focus on verbal writing, analytics, and reasoning skills to crack group discussion, personal interview, and written tests.
Make a Timetable: Make a timetable month-wise, which will help the aspirant study better and efficiently track their progress.
Scope of MBA Healthcare Management For Higher Education
Since the demand for professionals in the healthcare field is increasing day by day, there are several opportunities that students from this field have. There are immense advantages to keeping oneself updated through certification courses organized by several universities and the government. Some of the courses that the aspirant can pursue after completing the masters' degree are listed below:
- Diploma in Public Health Management
- Certified Phlebotomy Technician (CPT)
- Professional Coder
- Pharmacy Technician Professional
- Diploma in Rural Health Care
- PhD in Management
Salary of an MBA Healthcare Manager
After completing of MBA Healthcare Management course, the aspirant's average salary ranges between INR 5 - 12 LPA. After an MBA degree, career opportunities may vary, depending upon the graduate's specialization for the postgraduate program.
Read More: MBA Healthcare Management Salary
Career Options After MBA Healthcare Management
MBA in Healthcare Management in India is becoming highly popular and the course opens many career opportunities in a wide range of different sectors. Some of the significant sectors listed below are in which the aspirants can make their careers.
- Banking, Financial Services and Insurance (BFSI) Companies
- Management Consultancies
- Telecommunication
- Investment Banking
- Equity Management
Skills That Make You the Best Healthcare Manager
Graduates have to gain the proper knowledge and training sessions to prosper in the field of Healthcare. Listed below are the skills.
- Excellent communication skills
- Good professional activates
- Leadership skills
- Technical skills
- Administration skills
- Management skills
