MBA In Hospital & Healthcare Management : Careers, Market Trend, Growth, Salary & Top B-Schools
MBA in Healthcare and Hospital Management course
is in high demand as the health care sector is blooming now in India and the
job satisfaction is also very good. As per the report, the Indian Healthcare
sector will touch US$ 75 billion in the next 5 years and US$ 280 billion by
2030. In this article, we will discuss on the Market Growth and Trends, Career
Growth, Jobs after MBA in Health Care/Hospital Administration/ salary/Top
Companies/ Top Colleges that offer MBA in Health care / Hospital
Administration.
Market Growth and Trends
As per reports, the National Healthcare scheme
will bolster major job opportunities in the Indian Healthcare industry. As per
reports, it is estimated to touch US$ 280 billion by 2030. As domestic and
foreign companies are entering through mergers and acquisitions in the Indian
healthcare sector; a major growth in the Indian Healthcare sector is visible.
FDI is also increasing in the Indian Healthcare Sector and over 2012-22, the diagnostic market is expected to grow exponentially.
Career Growth In Health Care Sector
Having an MBA in Health care / Hospital
Administration opens up a global career in front of candidates. MBA in Hospital
Management offers various designations in front of candidates such as Project
Management, Marketing, Operations Management, Strategic Management, Financial
Management, etc. Lots of employment opportunities are visible in the Public
Health System, Clinical Research Laboratories, IT, Insurance, Equipment
Manufacturing companies, etc.
Course Content
The major subjects of the MBA in Health Care/
Hospital Administration are Principles of Health Service Management,
Organizational Behavior, Organization and Administration of Clinical and Super
Specialty Services, Healthcare Marketing Management, Delivery Logistics, and
Supply Chain Management, Quality Assurance for Healthcare/ Hospital, Taxation,
and Audit, etc.
Jobs After MBA in Health Care / Hospital Administration
Postgraduates can find gainful employment in
fields such as Marketing, IT, Pharmaceutical industry, Public Health
departments, Rehabilitation centers, Universities, and research institutes,
etc. The major job roles are Health Care Manager, Hospital Administrator,
Pharmaceutical Project Manager, Health Care Finance Manager, etc. Candidates
can also choose professions such as Medical and Health Services Manager,
Hospital Administrator, Health Service Manager, Health Care Finance Manager,
etc. After completing the degree of MBA in Hospital Management, candidates also
can establish themselves as Hospital CEOs, Hospital CFO, etc.
Salary
The salary depends on positions and jobs and also
on different organizations. The average annual salary of Medical and Health
Services Manager is INR 6-8 lacs per year, the average salary of Hospital
Administrator is INR 4-6 lacs per year, the average salary of Health Service
Manager is INR 3-4 lacs per year and the average salary of Healthcare Finance
Manager is INR 9-12 lacs per year. As a Medical practice manager, candidates
can expect INR 5 lakhs per annum, as Pharmaceutical product manager the amount
may vary between INR 6-7 lakhs per annum approx.
Top Recruiters
The top companies that offer jobs for MBA in
Health Care Sector are Fortis, Max, WHO, Government of India, IMS Health,
AMGEN, Omega Healthcare Management, etc. The sectors are Hospital organization,
Marketing, Health economics, and health information systems.
Top Colleges offering MBA in Health Care / Hospital Administration
The top colleges that offer MBA in Health
Care/Hospital Administration are:
- AIMS Institutes, Banga
- Welingkar Institute of Management, Bangalore
- NGF College of Engineering and Technology, Delhi
- Apar Institute of Management and Technology, Delhi
- New Delhi Institute of Management
- Asian Business School
- Institute of Business Management and Research – International Business School Bangalore
- Symbiosis National Aptitude Test, Bangalore
- ISBR Business School
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