MBA in Hospital and Healthcare Management
What is MBA Hospital Management?
MBA Hospital Management is a two-year postgraduate program that is designed to equip students with an in-depth knowledge about the healthcare world and its dynamics. This professional program is highly oriented towards planning, controlling and managing the healthcare system and its administration. Hospitality management has become much popular because of the ever increasing healthcare infrastructure in India.
| Course Name | Master of Business Administration in Hospital Management |
| Course Level | Postgraduate |
| Course Duration | 2 Years |
| Exam Mode | Semester Based |
| Internship | Yes |
| Minimum Eligibility | 50% Marks in Graduation |
| Average Course Fee | 5-7 Lakhs |
| Average Package | 8 LPA |
| Top Job Profiles | Administrators, Deputy Superintendents, Healthcare Finance Manager etc. |
| Top Recruiters | Apollo Healthcare, Wockhardt, Max, Fortis Healthcare, Duncan, TATA etc. |
MBA in Hospital Management is the most sought-after among various hospitality management courses offered by different institutions. Healthcare has become one of India's largest sector both in terms of employment and revenue. The managerial roles like administering, planning and coordinating involved in healthcare services has brought huge opportunities for the students under this specialization.
This MBA specialization is spread over 4 semesters and can be taken up the students with a graduation degree in any - B.Sc., B.Com. BA, BPT, B. Pharm, MBBS, BE, B-Tech, BDS etc. Students learn general management subjects in the first year while specialized subjects in the final year. The whole course envisages professional responsibilities in the students like-
- Management & Medical staffing
- Planning and Control
- Epidemiology & Community health
- Management & Research in Healthcare
- Strategic Management
This specialized program involves various field activities like seminars, industrial visits, guest lectures, webinars in its curriculum. Students gain right and adequate exposure during their degree program. The cities like Delhi, Bangalore and Pune has some of the best management college with good placement ratio.
Eligibility Criteria:
- Qualified graduation from a recognized university of India.
- Minimum aggregate of 50% or equivalent CGPA in B.Sc/ B.Com/ BBA/ BPT/ B. Pharm/ MBBS/ BE/ B-Tech.
- Reserved categories are provided with a relaxation of 5%.
Admission Procedure:
The eligibility criteria might differ slightly from one college to another. The admissions are made on the basis of merit in qualifying exams and the concerned Entrance Exams (CAT/ MAT/ XAT/ GMAT etc.). However, few colleges also offer admission based on merit in qualifying exams only.
Some of the top management colleges like Amity Noida, Christ Academy Bangalore, St. Joseph Bangalore, KJ Somaiya Mumbai, Symbiosis Pune, IIHMR Jaipur would conduct GD and PI besides exam for the intake of candidates. Students can also take admission under management quota.
MBA in Hospital Management Syllabus
This course specializes in Healthcare & Hospital Administration along with general management training. The syllabus focuses on providing both academic as well as practical insights to the students about healthcare management and prepares them for managerial roles in the globalised healthcare environment.
The syllabus of MBA Hospital Management is designed according to the contemporary industry standards. This programme covers topics like health policy, human resource management, organizational behavior, healthcare operations, assessment, improvement and governance in its curriculum.
| Course Subjects | |||
|---|---|---|---|
| Marketing Management | Pharmaceutical Management | Human Resource Management | |
| Business Statistics | Health Education & Communication | Marketing Strategy & Application | |
| Organizational Behavior | Legislation for Health & Hospital | Financial Accounting | |
| Business Law | Quality Management | Managerial Economics | |
| Epidemiology & Biostatistics | International Business | Entrepreneurship Management | |
| Health Policy Administration | Applied Epidemiology | Administration of Specialty Services | |
| Info. System Management | Hospital Planning | Foreign Language | |
| Financing in Health Services | Management Control System | Environment Management | |
This hospitality management program is suitable for the students who have-
- the willingness to get employed across managerial jobs in the healthcare industry.
- rapid judgment capability related to management doctrines and techniques.
- skills in exchanging information, monitoring, motivating and managing conflicts.
- friendly attitude, work within deadlines, good communication and leadership skill.
Top Colleges for MBA in Hospital Management
With the upsurge in healthcare system of India, n number of private and public management colleges have been offering this specialized program in MBA. The top B-schools in India provides world-class infrastructure and best education quality to its students. Some of the management colleges have also academic tie-up with international universities, thus providing global exposure to students.
The management colleges are surveyed annually by various private & government agencies. The surveying agencies like TOI, Outlook, The Week, ET, India Today would rank the colleges based on their performance including infrastructure, placement, academics, faculty, labs, paper published etc.
Top MBA in Hospital Management Colleges in India
| Ranking | College/ University & Location | Fees/ Year |
|---|---|---|
| 01 | St. Josephs College of Commerce, Bangalore | INR 3,90,000 |
| 02 | Symbiosis Institute of Health Sciences, Pune | INR 3,20,000 |
| 03 | Amity Global Business School, Noida | INR 3,90,000 |
| 04 | IIHMR University, Jaipur | INR 4,50,000 |
| 05 | KJ Somaiya Institute of Management Studies & Research, Mumbai | INR 3,60,000 |
| 06 | School of Management MIT WPU, Pune | INR 3,75,000 |
| 07 | Alliance School of Business, Bangalore | INR 3,50,000 |
| 08 | Mount Carmel Institute of Management Studies, Bangalore | INR 2,25,000 |
| 09 | Christ Academy Institute of Advanced Studies, Bangalore | INR 2,25,000 |
| 10 | Armed Forces Medical College, Pune* | INR 1,29,000 |
*MHA (Master in Hospital Administration) is offered instead of MBA at AFMC Pune.
Top MBA in Hospital Management Colleges in Delhi
| Ranking | College/ University & Location | Fees/ Year |
|---|---|---|
| 01 | Amity Global Business School, Noida | INR 3,90,000 |
| 02 | Faculty of Management Delhi University, New Delhi | INR 96,000 |
| 03 | Asia Pacific Institute of Management, New Delhi | INR 4,80,000 |
| 04 | IBMR Business School, Gurgaon | INR 2,32,500 |
| 05 | Galgotia University School of Business, Greater Noida | INR 1,59,000 |
| 06 | Sharda University School of Business, Greater Noida | INR 2,60,000 |
Top MBA in Hospital Management Colleges in Bangalore
| Ranking | College/ University & Location | Fees/ Year |
|---|---|---|
| 01 | St. Josephs College of Commerce, Bangalore | INR 3,90,000 |
| 02 | Alliance School of Business, Bangalore | INR 3,50,000 |
| 03 | Mount Carmel Institute of Management Studies, Bangalore | INR 2,25,000 |
| 04 | Christ Academy Institute of Advanced Studies, Bangalore | INR 2,25,000 |
| 05 | Manipal Academy of Higher Education, Manipal | INR 3,19,000 |
| 06 | International School of Business & Research, Bangalore | INR 4,50,000 |
| 07 | Acharya Bangalore B-School, Bangalore | INR 4,05,000 |
Top MBA in Hospital Management Colleges in Pune
| Ranking | College/ University & Location | Fees/ Year |
|---|---|---|
| 01 | Symbiosis Institute of Health Sciences, Pune | INR 3,20,000 |
| 02 | School of Management MIT WPU, Pune | INR 3,75,000 |
| 03 | Armed Forces Medical College, Pune* | INR 1,29,000 |
| 04 | MIT World Peace University, Pune | INR 3,75,000 |
| 05 | Institute of Business Management & Research | INR 80,000 |
| 06 | Dayananda Institute of Management & Research, Pune | INR 1,06,000 |
Scope of MBA in Hospital Management
After successfully accomplishing a degree in MBA Hospital Management, students can take charge of various aspects related to health and hospital administration. The scope in this sector is quite huge as India is growing multifold in terms of nursing homes, hospitals and other medical establishments. A degree in MBA can easily get you a managerial position across healthcare industry.
Relevant Job Profiles:
- Healthcare Consultant
- Hospital CEO
- Hospital Administrator
- Pharmaceutical Product Manager
- Medical Practice Manager
- Hospital CFO
- Health Informatics Manager
- Healthcare Finance Manager
- Hospital Superintendent etc.
These are the reputed managerial job roles in the healthcare industry for MBA students. Students can expect of a good pay package for these job profiles. The employment opportunity is quite huge in both public and private sector. Some of the relevant employment sector for students pursuing a degree in MBA Hospital Management-
- Medical Consulting Firms
- Pharmaceutical Companies
- Non-Governmental Organizations
- Nursing Homes
- Health Clinics
- Super-Specialty Private Hospital
- Super-Specialty Government Hospital
- Long Term Care Facilities
Higher Studies:
This PG program is a specialized one in itself. Yet, if an individual wants to study then pursuing a Master's degree in Public Health is the best option. This degree increases the employability chances across the government sectors. Few students also take international certification courses which makes them eligible to work abroad.
Placements of MBA in Hospital Management
Lots of top MNCs and companies visit the management colleges around India to hire young professionals with a degree in MBA Hospital Management. Students appear for the campus placement in their final year of degree program. The placements are quite good for this course with an average package of 7-8 LPA approx.
- Maximum Package: 15-20 LPA
- Average Package: 8 LPA
MBA Hospital Management College Comparison:
The colleges have a Training and Placement that works consistently towards bringing employment opportunities for the final year students. Students are also provided with the internship and summer training opportunities through this cell. The T & P cell coordinates and invite some of the leading recruiters like-
| List of some of the Recruiters | |||
|---|---|---|---|
| Nerolac | AMET Hospital Pvt. Ltd. | India Hospital Solutions | |
| Healthcare Global | Infosys | Hospital global Enterprise Ltd. | |
| Fortis | Apollo Healthcare | Wipro | |
| TATA Group | Vivo Hospital | Wockhardt | |
| Duncan | Augustus Hospital Solutions | ICICI Bank | |
| eExpedise Hospital | Karma Hospital Ltd. | Fortis Healthcare | |
Amity Global Business School Noida, Christ Academy Institute of Advanced Studies Bangalore, Symbiosis Pune, IIHMR Jaipur, KJ Somaiya Mumbai are some of the best colleges for MBA in Hospital Management.
Yes, hospital management is a very good career choice as the healthcare industry is one of the largest sector of India.
The average course fee for MBA in Hospital Management comes around 6 Lakhs to 10 Lakhs.
MBA in Hospital Management is basically the effective use of physical and financial resources of hospitals by planning, managing and controlling the healthcare administration.
