MBA Healthcare Management is a 2-year postgraduate management degree course whose basic eligibility includes candidates having pursued their graduation with an average aggregate score of 50%. Admissions to some of the Top MBA Healthcare Management Colleges in India take place through MBA Entrance Exams like CAT, MAT, XAT and SNAP like any other regular MBA course. The average course fees range between INR 6,00,000 – 12,00,000 for which candidates are placed across various job profiles such as Medical Practitioner, Healthcare Manager and Hospital Manager, with an average salary of INR 5.50 LPA – 10 LPA.
Table of Contents
- MBA Healthcare Management: Course Details
- Types of MBA Healthcare Management Courses
- MBA Healthcare Management Distance Education
3.1 Distance MBA Healthcare Management Admission 2024
3.2 Distance MBA Healthcare Management Syllabus
3.3 Top Distance MBA Healthcare Management Colleges
5.1 MBA Healthcare Management Eligibility Criteria
5.2 MBA Healthcare Management Admission 2024
5.3 MBA Healthcare Management Entrance Exams
7.1 Top MBA Healthcare Management Colleges Abroad
8.1 Top Recruiters
8.2 Average Salary
MBA Healthcare Management: Course Details
| Course Duration | 2 years |
| Eligibility | Bachelor’s degree in any discipline with 50% aggregate marks |
| Admission Process | Entrance Exam conducted by colleges followed by GD & PI rounds |
| Entrance Exams | CAT, MAT, XAT, GMAT and CMAT |
| Course Fee (INR) | 6,00,000 – 12,00,000 |
| Average Salary (INR) | 5.50 LPA – 10 LPA |
| Top Recruiting Companies | Cipla, Apollo Life, Wipro GE Healthcare and Cadila Healthcare |
| MBA Healthcare Job Positions | Hospital Administrator, Healthcare Manager, Hospital CFO & CEO, Pharmaceutical Production Manager and Medical Practice Manager |
Read:
Types of MBA Healthcare Management Courses
MBA Healthcare Management can be pursued in different ways such as full-time, executive and one-year MBA Programs. This is to cater to students with different needs and wants. See: Types of MBA
- Full Time (2 Year MBA Healthcare Management): The eligibility criteria to pursue a full-time MBA Healthcare Management include candidates having a good percentile cut-off for any entrance exam like CAT, GMAT, CMAT, XAT and MAT. Candidates also need to sit for Group Discussion rounds and Personal Interviews where the administration checks their speaking fluency and dealing capacity with real-life problems and their management skills.
- Executive MBA Healthcare Management: An Executive MBA Healthcare Management Program is majorly focused on candidates who are already pursuing a job and want to enhance their skills to get a higher position. The main difference between Full-time normal MBA and Executive MBA courses is the course structure.
- One-Year MBA Courses: Students who want to get more experience and knowledge from practical or Project-related work can apply for the One-Year MBA Healthcare Management Program. This Program will not only help to get trained in Project work but also to gain critical thinking analysis to deal with direct and coordinate medical healthcare services.
Read:
MBA Healthcare Management Distance Education
Besides the regular courses for MBA Healthcare Management, many universities offer Distance learning which has a minimum of 2 years duration and a maximum of 5 years to complete the courses. Distance MBA Program is best for candidates who cannot spend time in regular courses due to many reasons but need to get an MBA degree or willing to get an MBA degree, are always welcome for Distance MBA program.
Read:
Distance MBA Healthcare Management Admission 2024
Candidates must have some eligibility criteria before applying for Distance MBA Health Management Courses.
- A 10+2 qualified certificate from a recognized Institute.
- Relevant graduation degree from any recognized Institute.
- For distance courses, more importance is given to the Personal Interview than the Entrance exams.
Distance MBA Healthcare Management Syllabus
Syllabuses for the Distance MBA Healthcare Management Program:
- Introduction to Hospital Management
- Hospital Planning and Administration
- Hospital Records Management
- Principles of Hospital Management
- Hospital Related Laws
- Hospital Information System
- Hospital Hazard Management
- Hospital Planning
- Financing of Health Services
- Pharmaceutical Management
Top Healthcare Management Distance Colleges
| College Name | Course Fees (INR) |
|---|---|
| Anna University, Chennai | 31,150 |
| Venkateshwara Open University | 28,500 |
| Suresh Gyan Vihar University Distance Education | 42,500 |
MBA Healthcare Management Syllabus
The MBA Healthcare Management syllabus caters to the needs of the healthcare sector. Subjects such as Fundamentals of Communication, Innovation Management, and Marketing Management are part of the MBA Healthcare Management curriculum.
| Semester 1 | Semester 2 |
|---|---|
| Principle of Management | Strategic Management |
| Fundamentals of Communication | Cost Accounting |
| Managerial Economics | Innovation Management |
| Marketing Management | Quantitative Techniques |
| Human Resource Management | The Integrative Manager |
| Financial Accounting | Interview Preparation |
| Semester 3 | Semester 4 |
| Essentials of Healthcare Administration | HR in Hospitals |
| Planning & Designing of Healthcare Facilities | Material Management |
| Hospital Operation | Legal Aspects of Healthcare |
| Customer-Centric Organization (CCO) | Revenue Cycle Management in Healthcare |
| Quality Management in Hospitals | Projects/Seminars/Case Studies |
| Projects/Seminars/Case Studies | Healthcare Equipment Management |
MBA Healthcare Management Admission Process
The selection process is different for colleges all across the country. The written exams are followed by rounds of Group Discussion and Personal Interview. Students are filtered out based on their personality and basic technical knowledge.
MBA Healthcare Management Eligibility
Some of the specific eligibility criteria that must be fulfilled to pursue an MBA Healthcare Management are listed below.
- Basic Eligibility Criteria
- Class 12 board exams from a recognised board with a minimum aggregate score of 50% or above or an equivalent CGPA
- Along with English as a mandatory subject in Class 12
- Top Tier Colleges
- Clear Entrance Exams such as CAT, XAT, SNAP, CMAT, ATMA and NMAT
- Entrance Exams are followed by Group Discussions and Personal Interview
- The final cutoff depends across various colleges and universities
- Work Experience
- For pursuing an Executive MBA candidates are required to have prior relevant work experience
- Application Strategy
- Necessitates tailored preparation to meet specific institution requirements
See Also: MBA Eligibility
MBA Healthcare Management Admission 2024
MBA Healthcare Management Admission varies across different colleges. The written exam is followed by a series of Group Discussions and Personal Interview Rounds.
- Students should have a cut-off percentile of exams like CAT, MAT, GMAT, CMAT and XAT. Some universities also conduct their entrance exams for admission to MBA Healthcare Management.
- In the group discussion round candidates need to show their speaking efficiency to represent any current topic, followed by the Personal Interview Round, where candidates are asked about their future goals, past experiences and education qualifications.
Check MBA Admission 2023 State Wise
| MBA Admission Kerala | MBA Admission MP |
| MBA Admission UP | MBA Admission West Bengal |
| MBA Admission Maharashtra | MBA Admission Uttarakhand |
| MBA Admission Rajasthan | MBA Admission Gujarat |
MBA Healthcare Management Entrance Exams
Some of the most common list of entrance exams that must be cleared for admissions across any MBA courses are CAT, XAT, MAT, SNAP, CMAT and NMAT. Tabulated below are the entrance exam deadlines for admission to MBA Healthcare Management courses.
| Entrance Exam | Registration Deadlines | Exam Dates |
|---|---|---|
| ATMA | 4th week of December, 2023 – 3rd week of February, 2024 | 4th week of February, 2024 |
| CAT | August 3 – September 21, 2023 | November 26, 2023 |
| CMAT | 2nd week of March 2024 (Onwards) | 1st week of May 2024 |
| NMAT | August 1 – October 12, 2023 | October 10 – December 19, 2023 |
| SNAP | August 23 – November 23, 2023 | Test 1: December 10, 2023 Test 2: December 17, 2023 Test 3: December 22, 2023 |
| XAT | July 15 – November 30, 2023 | January 7, 2024 |
Top MBA Healthcare Management Colleges in India
India is home to more than 6500 MBA Colleges catering to more than 3 Lakh students every year. Some of the top MBA Healthcare Management Colleges in India are tabulated below.
| Name of the Colleges | Location | Course Fees (INR) |
|---|---|---|
| Matrix School of Management Studies (MSMS) | Pune | 85,000 |
| CMR University | Bangalore | 2,25,000 |
| KJ Somaiya Institute of Management | Mumbai | 7,81,785 |
| Met’s Institute of Management | Nashik | 1,48,000 |
| Lexicon Mile – Management Institute of Leadership Excellence | Pune | 8,30,000 |
| AIMS Institute | Bangalore | 9,00,000 |
| M.P Birla Institute of Management (MPBIM) | Bangalore | 5,30,000 |
| Chitkara University (CU) | Patiala | 2,83,000 |
| Faculty of Management Studies Manav Rachna International Institute of Research and Studies | Faridabad | 2,98,5000 |
| Institute of Management Studies (IMS) | Ghaziabad | 2,95,000 |
MBA Healthcare Management Abroad
For every student aspiring to pursue MBA Healthcare Management courses abroad, certain entrance exams are mandatory such as Language Tests like TOEFL and IELTS. Students will be marked according to their scores in the GMAT exam which will eventually decide which college they will get to study.
To study MBA in the USA, students need to complete a Bachelor's Degree in the hospitality sector. Although there are colleges that take in students without GMAT, it is advisable to study in a college that does. Top MBA Healthcare Management takes the exam after the GMAT.
Read More:
Top MBA Healthcare Management Colleges Abroad
Tabulated below are the top MBA Healthcare Management Colleges abroad for your reference.
| Name of the Colleges | Average Course Fees (INR) |
|---|---|
| Harvard University Cambridge | 42 Lakhs |
| Stanford University Stanford | 62 Lakhs |
| Columbia University New York City | 65 Lakhs |
| Imperial College London | 60 Lakhs |
| University of Edinburgh | 30 Lakhs |
| University of Oxford | 20 Lakhs |
| University of Toronto | 27 Lakhs |
| Griffith University, Brisbane | 20 Lakhs |
| Deakin University, Geelong | 15 Lakhs |
| University of Newcastle, Newcastle | 10 Lakhs |
MBA Healthcare Management Jobs
After Completing the MBA Healthcare Management Course candidates can get job offers for Hospital Management, Hospital Administration, and Medical Practice Manager, Hospital CEO & CF and Pharmaceutical Production Manager with an average salary of INR 6.30 LPA - 12 LPA
Read More:
Top Recruiters
Some of the top recruiters for MBA Healthcare Management graduates are listed below for your reference.
- Cipla
- Wipro GE Healthcare
- Cadila Healthcare
- Piramal Healthcare
- Apollo Life
- Advanced Healthcare Resource of India
Average Salary
| Job position | Annual Salary (INR) |
|---|---|
| Hospital CEO | 21 LPA |
| Hospital CFO | 23 LPA |
| Healthcare Information Manager | 11 LPA |
| Physician Relations Liasion | 8.50 LPA |
| Assistant Operation Manager | 7 LPA |
| Hospital Administration | 7 LPA |
| Medical Practice Manager | 8.33 LPA |
| Claims Manager | 6 LPA |
MBA Healthcare Management: FAQs
Ques. What is Better a Diploma or MBA?
Ans. An MBA Course is always preferred over a Diploma because an MBA Course focuses on the entire content of Healthcare Management whereas a Diploma Course is dependent on only any particular content.
Ques. What is the Benefit of the MBA Healthcare Management Course?
Ans. Candidates can get job offers for Hospital Management, Hospital Administration, Medical Practice Manager, Hospital CEO & CFO, Pharmaceutical Production Manager, Claim Manager, Hospital Administrator, Medical Practice Manager, Oncology Coordinator, Physician Relations Liaison Etc.
Ques. What is the Duration of the MBA Distance Healthcare Management Course?
Ans. Besides the regular courses for MBA Healthcare Management, many universities also offer Distance learning programs for MBA. It has a minimum of 2 years duration and a maximum of 5 years to complete the courses.
Distance MBA Program is best for candidates who cannot spend time in regular courses due to many reasons but need to get an MBA degree or are willing to get an MBA degree, are always welcome for Distance MBA Program.
Ques. What is the difference between an MBA Healthcare Management Course and an MHA?
Ans. Master of Business Administration in Healthcare Management whereas MHA is a Master in Healthcare Administration. MBA Healthcare Management Course mainly focuses on industry-based project work related to business whereas MHA emphasises on the higher-level career in the healthcare system.
Ques. What is the Average Cost for MBA Healthcare Management courses from IIM?
Ans. The average cost for an MBA in IIM ranges from 15 lakh to 25 lakh. For example, for IIM Bangalore and IIM Ahmedabad, it is around 25 lakh but for IIM Ranchi it is 15 lakh.
Ques. Who can become a Healthcare manager?
Ans. Candidates having good scores in bachelor's and having MBA Healthcare Management degree will be Healthcare managers.
Ques. What kind of job one can get after getting the degree of MBA in healthcare management?
Ans. After Completing the MBA Healthcare Management Course, Students can get many job opportunities from many well-known companies, salaries for beginners range from 2 lahks to 10 lakh per annum. It also varies from company to company. After that, the salary range increases up to 25 lakh per annum. MBA Healthcare Management can also give you good job offers like Hospital Management, Hospital Administration, Medical Practice Manager, Hospital CEO & CFO, Pharmaceutical Production Manager etc.
Ques. Can a healthcare manager become the CEO of a Hospital?
Ans. Yes, the Student completed with good marks in their bachelor's and master's and having good skills with an MBA degree in Healthcare Management, become the CEO of a Hospital.
Ques. What are the minimum fees required for admission to any Public College?
Ans. Minimum fees required for admission in any Public college varies from college to college between 2 lakhs to 10 lakhs per year. It averages 4.6 lakh per year.
Ques. What are the minimum fees required for admission to any Private College?
Ans. Minimum fees required for admission in any Private college varies from college to college between 28 thousand to 19 lakhs per year. It averages 3.6 lakh per year.
![University of Petroleum and Energy Studies - [UPES]](https://image-static.collegedunia.com/public/college_data/images/appImage/1729927537Screenshot20241026125454.png?h=150&w=320&mode=crop)
![University of Petroleum and Energy Studies - [UPES]](https://image-static.collegedunia.com/public/college_data/images/logos/1727683677Screenshot3092024133632www.upes.ac.in.jpeg.jpg?h=30&w=30&mode=crop)
![Asia Pacific Institute of Management - [AIM]](https://image-static.collegedunia.com/public/college_data/images/appImage/1616406404Cover.jpg?h=150&w=320&mode=crop)
![Asia Pacific Institute of Management - [AIM]](https://image-static.collegedunia.com/public/college_data/images/logos/1616406404Logo.png?h=30&w=30&mode=crop)
![Chitkara University - [CU]](https://image-static.collegedunia.com/public/college_data/images/appImage/1594119075Web2020Head60.jpg?h=150&w=320&mode=crop)
![Chitkara University - [CU]](https://image-static.collegedunia.com/public/college_data/images/logos/1594118848chitkarauniversitylogo.png?h=30&w=30&mode=crop)
Comments