Over the last couple of years, there has been a surge in demand for healthcare management. Mismanagement across the healthcare sector for years has crippled the industry from within. And that’s why there is an increasing demand for management experts who can keep the healthcare sector organised.
An MBA in hospital management is one such course that paves the way toward a better healthcare system across the nation. India is gradually emerging as a leading healthcare specialist, and that’s why it is necessary that hospitals and other medical centres stay organised. They have also become a hub of job opportunities for not just medical professionals but other non-medical experts such as HR, management, administration, finance, IT etc.
If you are someone who has an inclination toward the medical sector and wishes to manage different departments, then you should opt for MBA in Hospital Management. As a healthcare manager who holds an MBA degree, you will be responsible for managing the budget, day-to-day operations and goals of the healthcare centre.
Here’s a glimpse of what it takes to get enrolled to an MBA in Hospital Management!
Course Details in Glance!
Eligibility | Bachelor’s Degree in any discipline |
Course Level | Post-graduation |
Course fee | INR 1.5-7 lakhs |
Duration | 2 years |
Admission process | MCQs, GD and PI |
Examination type | Semester type |
Top recruitment companies | Nursing homes, pharmaceuticals, public health departments, health insurance companies, laboratories and clinics, hospital consulting firms |
Job profiles | Blood bank administrators, healthcare finance managers, hospital business managers, medical and health service managers, food and beverage managers etc. |
Salary package | INR 2 lakhs- 10 lakhs |
How to secure admission in MBA Hospital Management?
You need to be eligible to seek enrolment in MBA Hospital Management. For instance, you must have a Bachelor’s Degree in any discipline. Next, you must qualify in relevant entrance exams such as MAT, XAT and CAT. Further, you will have to participate in group discussions actively. If you are shortlisted, you will go straight for a personal interview round.
MBA entrance exams for hospital management
- CAT
- MAT
- SNAP
- XAT
- CMAT
- ATMA
- TSICET
- TANCET
- KMAT
- APICET
- NMAT
- APICET
Eligibility criteria for enrolment in MBA Hospital Management
- Candidates are required to graduate with a minimum of 50% marks (aggregate) in any discipline from an affiliated and recognised University.
- Candidates who belong to backward classes need to score 40% in aggregate and graduate from a recognised University.
- They must qualify through and score exceptionally well in the MBA entrance exam.
Top colleges that offer MBA in Hospital Management
Aligarh Muslim University | INR 4 lakhs (approx.) |
Goa Institute of Management | INR 17.21 lakhs (approx.) |
Galgotia’s University | INR 4.47 lakhs (approx.) |
MGM Institute of Management and Research | INR 2.5 lakhs (approx.) |
School of Management | INR 7.1 lakhs (approx.) |
Lovely Professional University | INR 5.7 lakhs (approx.) |
Alliance School of Business, Bangalore | INR 13.5 lakhs (approx.) |
Guru Kashi University | INR 1.23 lakhs (approx.) |
Pacific University | INR 1.5 lakhs (approx.) |
ISBR Business School, Bangalore | INR 9.14 lakhs (approx.) |
Royal Global University (RGU) | INR 4.53 lakhs (approx.) |
Detailed syllabus for MBA in Hospital Management (Semester wise)
Semester I
- Marketing management
- Principles of management
- Business Statistics
- Organisational behaviour
- Business law
- Financial Accounting
- Managerial economics
Semester II
- Financial management
- Marketing strategy and applications
- Business mathematics and operation research
- Organisation and administration of clinical service
- Management of national health programs
- Materials management
- Human resource management
Semester III
- Management information systems
- Business policy and strategic management
- Pharmaceutical management
- Quality management
- Legislation for health and hospital
- Health education and communication
- Foreign language
Semester IV
- International Business
- Applied epidemiology
- Hospital planning
- Management controls systems
- Foreign language
- Environment management and business
- Final projects
Top recruiters, you must know about!
- Cipla
- Practo
- Fortis
- Novartis
- Pfizer
- ICICI Lombard
- Manipal
- Apollo
- Glenmark
- Siemens
- Star Health
- Gocci
- Columbia Asia
- E & Y
- PWC
- Cognizant
- McKinzee
- Deloitte
- Infosys
- KPMG
- Max Healthcare
- TCS
- Johnson & Johnson
- Portea
- Bharat Biotech
- GE
- UNDP
- Columbia Asia
- Star Health
- UNICEF
- Bajaj Allianz
Job Profiles and descriptions
- Medical and health service managers: If you secure the job of a medical and health service manager, then you will be responsible to direct, plan and coordinate different healthcare services as offered by the healthcare facilitator. The ultimate aim of your job is to make sure that healthcare facilities get delivered at the right time without any hassle.
- Healthcare finance managers: A healthcare finance manager will have to take care of the day-to-day financial operations of the healthcare centre you are employed in. From budgeting, financial analysis, planning and reporting, you will be responsible for multiple financial activities. The job profile requires you to stay updated about the latest market trends as well as financial matters related to healthcare institutions. The job is indeed quite a challenging one.
- Medical director: If you manage to bag the job of a medical director, then you will have to administer each and every activity in the healthcare centre. You will be the one who assigns staff for different patients. Also, if any patient has any kind of query or grievance, you will have to cater to them. A medical director ensures complete transparency in the healthcare centre while abiding by medical ethics.
- HR Recruiter: An HR recruiter will administer the recruitment process and oversee the hiring process of doctors, nurses, assistants etc., in the hospital. You will be the one to ensure a healthy and positive ambience in the healthcare unit. Also, you must keep a check whether or not the staff are abiding by all the rules and regulations.
- Blood bank administrator: You will be responsible for apt analysis of stock as well as coordination among multiple activities related to the blood bank. From storage and receipt to delivery, you will be keeping a check on all three departments.
- Hospital administrators: Your duty will be to run the entire healthcare centre seamlessly. Timely treatment, recruitment of interns and doctors etc., are some of the significant duties that you must take over once you become a hospital administrator. At multi-facility healthcare centres, there will be hospital administrators for different departments.
An MBA in hospital management is an off-beat career option. If you have the slightest inclination towards the healthcare sector and are planning to pursue MBA, then hospital management can be your call. To join the medical industry, you need not always have to become a doctor or nurse. Rather, you can be a top-grade health manager and ensure the smooth functioning of healthcare institutes across the nation.
Before you proceed with the admission preparations, make sure to cross-check all the details with respective colleges. Certain details like college fees and cut offs are bound to change without any prior intimation.