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Master of Business Administration [MBA] Healthcare Management - Course Overview

  • STREAM

    MANAGEMENT

  • DURATION

    2 YEARS

  • COURSE

    Health Care Management

  • COURSE TYPE

    Post Graduation

Updated On - December 6th 2017

Master of Business Administration (MBA) Healthcare Management Top Colleges, Syllabus, Scope and Salary

MBA in Healthcare Management is a 2-year full-time post-graduate course, the eligibility of which is a Bachelor’s Degree in any discipline with an aggregate score of 50% marks from a recognized university. The course is divided into 4 semesters which is conducted in a span of 6 months each.

Some of the top colleges which offer the course of MBA in Health Care Management are as follows:

The average course fee ranges between 1 to 14 Lacs based on the norms of college one is admitted to.

Candidates need to pass an entrance exam as prescribed by the college, which holds the grounds for admission followed by Group discussion (GD) and Personal Interview (PI) which also differs according to the college norms..

MBA in Health Care Management is an apt career choice for candidates possessing in-depth knowledge about the health care sector and good communication skills. It is a good field for individuals having a background and holding a bachelor’s degree in the relevant streams of health sectors like Health science, biotechnology, physiotherapy, microbiology, medicine, etc. making them eligible for the course.

Candidates passed MBA in Health Care Management are hired as Hospital CEO and CFOs, Administrators, Talent Acquisition Consultants, Source Executives, Healthcare Planner, Medical Interpreter, Health director and other such. The average salary offered to candidates after the completion of the course ranges between INR 50 lakhs to 1 crore annually increasing with the experience and expertise of the candidates.

MBA Health Care Management: Course Highlights

Course levelMBA/PGDM
Duration2 years (fulltime)
Examination TypeSemester
EligibilityBachelor’s degree in any discipline with 50% aggregate marks
Admission processEntrance exam conducted by colleges, GD & PI
Course FeeINR 1 to 15 lakhs
Average salaryApprox. INR 50 lakhs–1 crore p.a.
Top Recruiting CompaniesCipla, Apollo Life, Wipro GE Healthcare, Cadilla Healthcare
Job PositionsHospital Administrator, Healthcare Manager, Hospital CFO & CEO, Pharmaceutical Production Manager, Medical Practice Manager

MBA Healthcare Management: What is it About?

Candidates of MBA in Health Care Management course are qualified to manage diverse roles of leadership and administration in the Healthcare sector. They are offered a wide area of opportunity to explore their skills through the growth and opportunities in the Healthcare Sector.

The course is a mix of theories, assignments and case studies which differs according to college norms. Candidates are taught diverse subjects like Quantitative Techniques, Financial Accounting, and Human Resource Management to give an insight into the workings of the system. The subjects in the first-year study of MBA are common to other streams in order to lay a strong foundation in fields of finance, marketing, Operations and Human resource as useful to Healthcare sector.

The course prepares the students to play principal roles in different organization and to imbibe to the norms of this constantly changing industry. Candidates are introduced to the intricacies and diversity of the industry preparing them to hold higher positions in the healthcare sectors. MBA Healthcare Management syllabus involves working on case studies as applied in the Health Care system, enabling students to gain enriching knowledge regarding the actual workings of the industry.

After the completion of the course, candidates hold opportunities to work in diverse industries of Healthcare and hospitals, holding senior positions. The Objective of the course is to prepare students in various aspects of the industry and harness these skills in the organization they join in future.

MBA Healthcare Management: Top Colleges & Institutes

Name of InstitutionLocationAverage Course Fee (in INR)
Institute of Health ManagementJaipur1.2 lakh
Faculty of Management StudiesFaridabad, Delhi1 lakh
T.A. Pai Management InstituteManipal14 lakhs
I.E.S Management College & Research CentreMumbai3 lakhs
Bharati VidyapeethPune1.2 lakhs
Symbiosis Institute of Health SciencesPune2.3 lakhs
Clinical Research Education & Management Academy (CREMA)Bangalore4 lakhs
Sumandeep UniversityVadodara1.2 lakh
School of ManagementManipal4.94 lakhs
Chitkara UniversityChandigarh7 lakhs
Asian Institute of Health ScienceFaridabad2 lakhs
Tata Institute of Social SciencesMumbai2 Lakhs
Apollo Institute of Hospital Administration (AIMC)Hyderabad1.3 lakhs

MBA Healthcare Management: Eligibility

Candidates who seek admission to the MBA course of Health Care Management are supposed to fulfil the following eligibility criteria:

  1. Candidates holding a Bachelor’s degree in any relevant stream from a recognized university with a 50% of aggregate marks and above deem eligible for the course
  2. Candidates should pass the entrance examination prescribed by the college
  3. Candidates who have passed CAT, CMAT, XAT entrance examination can also avail for the course

MBA Healthcare Management: Admission Process

Candidates seeking admission for MBA in Healthcare Management need to hold a Bachelor’s degree in any relevant stream from a recognized university listed under UGC/AIU with an aggregate of 50% marks.

Candidates would be admitted to this course on the basis of merit list. The applications would be processed and those shortlisted need to go through an entrance test which would comprise of Group Discussion (GD) and PI (Personal Interview). Candidates would be judged on their performance in GD, knowledge of the subject and credibility in PI.

Selection Process

The entrance examination for the course differs according to the colleges. Some colleges conduct their own entrance examination followed by GD and PI. Few of the entrance examinations which are accepted by colleges are:

  1. CAT (Common Aptitude Test)
  2. XAT (Xaviers Aptitude Test)
  3. CMAT
  4. SNAP (Symbiosis National Aptitude)
  5. NMAT (NMIMS)

Candidates can collect the application form from the college or download online from the respective sites. The photostat of the documents mentioned by the college needs to be attached to the application form at the time of admission.

MBA Healthcare Management: Syllabus and Course Description

The Syllabus for the course is divided into Theory and Practical/Projects/Seminars/Case studies covered in 4 semesters. The weightage of the Projects and topics of the same will be decided by the respective colleges. The syllabus for First year will be general to all streams, with the specialization subjects being covered in detail in the Second-year.

The syllabus for the course is as follows:

Semester ISemester III
Principals of ManagementEssentials of Healthcare Administration
Human Resource ManagementHospital Operation
Managerial EconomicsQuality Management in Hospitals & Healthcare
Financial AccountingPlanning & Designing of Healthcare Facilities
Marketing ManagementCustomer Centric Organization (CCO)
Fundamentals of Communication & Interview Preparation**Projects/Seminars/Case Studies
Semester IISemester IV
Strategic ManagementHR in Hospitals
Innovation ManagementLegal Aspects of Healthcare
The Integrative ManagerMaterial Management & Equipment Management
Cost AccountingRevenue Cycle Management in Healthcare
Quantitative Techniques**Projects/Seminars/Case Studies
**Projects/Seminars/Case Studies -

MBA Healthcare Management: Career Prospects

MBA in Healthcare Management prepares the students to showcase their leadership and innovative skills in the growing sectors of Health industry. Candidates who have successfully completed their course with high ranking have wide career prospects to choose from. Among the top firms recruiting MBA graduates in Healthcare Management include

  • Apollo Life
  • Cadilla Healthcare
  • Cipla
  • Advanced Healthcare Resources of India
  • Wipro GE Health Care

Individuals have opportunities to work in Public Health system, Hospitals, Clinical Research Laboratories, Healthcare Consultancy firms. They can become Hospital CEO, CFO, Hospital Administrators, Pharmaceutical Production Manager and much more.

Below is a list of job options that can be chosen after the course:

Master of Business Administration [MBA] (Health Care Management) annual salary
Job ProfileJob DescriptionAverage Salary (in INR)
Hospital AdministratorBudgeting, Making new policies in compliance with govt. policies, enabling services in an effective manner.INR 6 Lacs
Hospital CFOWork includes planning, managing finances and maintaining records.INR 8 to 9 Lacs
Oncology CoordinatorEnsuring patient care, working in liason with other disciplines of the hospital for enabling proper service to cancer patientsINR 1 to 2 Lacs
Physician Relations LiaisonWork in coordination with marketing, sales, and business development team INR 3 Lacs
Pharmaceutical Production ManagerAnalyse and reviewing investments, creating promotional campaigns for new medical drugs and devicesINR 5 Lacs
Healthcare Information ManagerWork includes processing of information properly. Ensure proper working of the computer for data processing.INR 4 to 5 Lacs
Medical Practice ManagerBudgeting, Handling schedules, Recruitment, and management of staff.INR 4 Lacs
Hospital CEOMaintaining financial records and ensuring smooth working of the hospitalINR 9 Lacs