Master of Business Administration (MBA) Healthcare Administration is a postgraduate degree program. The duration of the course is two years and the basic eligibility to take admission in this course is bachelor’s degree in any stream. Admission to this course in all b schools in India is done either by entrance test or directly on the basis qualifying exam’s marks. The average fee for this course ranges between 4 lakhs to 7 lakhs.
It is a program which aims at the skillful development of a student’s perspective towards the growing needs in the healthcare industry. This is a management course which focuses on the management education and training to students who are aiming to make a career in the healthcare industry.
The field of healthcare is increasing manifolds and is a dynamic industry which constantly demands management and administration skilled personnel to deliver best possible services. Students completing this degree get jobs in healthcare industries with a handsome average salary package of 4 lakhs to 6 lakhs per annum.
The course is structured so as to enable a student to perform better after the completion of the two-year intensive course and also to be able to apply principles and concepts of management. The course is developed keeping in mind the demands of the sector with the help of the industry experts and academic scholars with the research based curriculum.
There is a wide range of career choices after the completion of the course which makes this course a very job oriented or a vocational course. The students who graduate with the degree of MBA Healthcare Administration have a wide range of arenas from public to private sectors to choose their careers in.
It not only develops the skills for management and healthcare related aspects but also brings out a kind of understanding which a community demands and which are helpful for someone who wishes to make a career in NGOs and rehabilitation centers.
To enter this course, there are a few universities, like Delhi University which requires a minimum of five years of work experience after completion of the bachelor program by the candidate. The experience can be as an executive or an administrator in a commercial, industrial, government establishment or a registered organization.
The course is a postgraduate diploma course which, like all other MBA courses has duration of two years and the course is divided into four semesters. A student is usually given the span of four years to successfully complete the course.
The top institutes which offer this course are:
1Candidates seeking admission to MBA Healthcare Administration are required to be graduates with a minimum of 45% aggregate marks in Medicine (MBBS)/Dentistry (BDS)/ Biotechnology or Genomics/ Genetics/ Nursing/ Bioengineering/ Alternative Systems of Medicine/ Paramedical discipline/ Pharmacology/ Anthropology/ Zoology from any deemed or recognized university.
The admission to the course is done through the process where a student is evaluated on the basis of a written test, the academic scores and work experience followed by a personal interview.
Direct admissions are done either on the basis of merit list or on management quota. Direct admission in MBA Finance is offered by private institutes. These admissions are done on the basis of Management Quota/NRI/Sponsored seats. Direct admission for any institute only includes one round. They offer admission directly by submitting the course fee.
There are about 15 national level entrance tests which provide opportunity for students to pursue their MBA from their dream b school. Some most common entrance tests are CAT, XAT, MAT, CMAT, GMAT, IIFT, SNAP, and NMAT. Among them CAT and XAT are the most popular one.
Application process for most of the entrance exams generally starts from July to October. Entrance tests are held in the end of the year.
Usually, the candidates are required to appear for entrance test and on the basis of the marks, they are evaluated and then lead to the second phase of admission which evaluates the professional interaction, interpersonal skills and the record of accomplishments.
The average salary for the post of a manager-administration across medical, healthcare and hospital industry is around 3 to 8.2 lacs per annum based on the experience in the field ranging between 6 to 12 years. The salary of a head or VP or GM Administrations is ranges from 4.5 lacs to 15 lacs per annum where the person earning 15 lacs has an experience of more than 15 years. The post of an Employee Relations Executive pays around 2.1 lacs per annum while, an Employee Relations Manager is paid 2.2 lacs.
Following graph shows salary trend according to job profiles-
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